Industrial Cleaning Chemicals

Industrial Cleaning Chemicals

Global Industrial Cleaning Chemicals Market to Reach US$80.0 Billion by 2030

The global market for Industrial Cleaning Chemicals estimated at US$61.0 Billion in the year 2023, is expected to reach US$80.0 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2023-2030. Surfactants-based Cleaning Chemicals, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$22.6 Billion by the end of the analysis period. Growth in the Solvents-based Cleaning Chemicals segment is estimated at 3.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$17.5 Billion While China is Forecast to Grow at 6.1% CAGR

The Industrial Cleaning Chemicals market in the U.S. is estimated at US$17.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.9 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.5% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Global Industrial Cleaning Market - Key Trends & Drivers Summarized

Industrial cleaning chemicals are vital components in maintaining hygiene and operational efficiency across various sectors, including manufacturing, healthcare, and food services. These products range from general-purpose cleaners for floors and restrooms to specialized agents like sanitizers and disinfectants tailored for specific industrial applications. The significance of these cleaning agents extends beyond mere cleanliness; they are crucial in safeguarding human health by preventing diseases caused by a myriad of microorganisms. Furthermore, they protect perishable goods from microbial contamination, thereby prolonging their shelf life and ensuring safety in consumption. The market has seen a significant shift towards eco-friendly and bio-based products that meet sustainability criteria without compromising efficacy, driven by increasing regulatory standards and consumer awareness about environmental impact.

The industrial cleaning market has been dynamically evolving, particularly accentuated by the COVID-19 pandemic, which underscored the critical importance of hygiene in preventing disease transmission. This period has witnessed a surge in demand for cleaning chemicals, as businesses and public facilities intensified their cleaning protocols to curb the spread of the virus. The adoption of rigorous cleanliness standards across industries is not merely a reactionary measure but a long-term trend that is shaping purchasing behaviors and product innovation. Companies are now investing in developing advanced cleaning solutions that offer superior performance while adhering to stringent environmental regulations. The push towards greener alternatives is further propelled by the growing consumer preference for products that are safe for both users and the environment, fostering a market that is increasingly leaning towards sustainable practices.

The growth in the industrial cleaning market is driven by several factors, including heightened awareness among corporations regarding workplace cleanliness, government-led health and safety regulations, and a robust demand from core application industries. Industries such as healthcare, which require stringent sanitary conditions, and manufacturing sectors that involve complex chemical processes, are significant contributors to the growing demand for industrial cleaners. Moreover, the ongoing innovation in product formulations to meet specific industry needs without compromising environmental integrity is a key growth driver. These trends are poised to continue, as the global focus on health and environmental sustainability remains at the forefront of operational priorities in various industries, ensuring the progressive expansion of the industrial cleaning chemicals market.

Select Competitors (Total 34 Featured) -

• 3M Company
• Dow Inc.
• Cargill, Inc.
• Archer Daniels Midland Company
• Clariant International Ltd.
• Croda International PLC
• Clariant AG
• Amano Pioneer Eclipse Corporation
• Betco Corporation
• Diversey Holdings LTD.
• Active Chemicals Ltd.
• Arrow Solutions
• Canberra Corporation
• Concept Manufacturing Ltd.
• ALPHA CHEMICAL

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