Global Industrial Cleaning Chemicals Market Growth 2023-2029

Global Industrial Cleaning Chemicals Market Growth 2023-2029

Hydrotropes are used as coupling agents to solubilize the water insoluble and often incompatible functional ingredients of household and institutional cleaning products and personal care products. These hydrotropes are not surfactants but are used to solubilize complex formulations in water. They function to stabilize solutions, modify viscosity and cloud-point, limit low temperature phase separation and reduce foam.

LPI (LP Information)' newest research report, the “Industrial Cleaning Chemicals Industry Forecast” looks at past sales and reviews total world Industrial Cleaning Chemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Cleaning Chemicals sales for 2023 through 2029. With Industrial Cleaning Chemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Cleaning Chemicals industry.

This Insight Report provides a comprehensive analysis of the global Industrial Cleaning Chemicals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Cleaning Chemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Cleaning Chemicals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Cleaning Chemicals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Cleaning Chemicals.

The global Industrial Cleaning Chemicals market size is projected to grow from US$ 17160 million in 2022 to US$ 22180 million in 2029; it is expected to grow at a CAGR of 22180 from 2023 to 2029.

North America is the largest Industrial Cleaning Chemicals market with about 35% market share. Europe is follower, accounting for about 32% market share.

The key players are BASF, Akzonobel, DowDuPont, Solvay SA, Henkel AG & Co KGaA, Huntsman Corporation, Eastman Chemical Company, Lonza Group, Ecolab, Stepan, Diversey, Bluemoon, Liby, Pangkam etc. Top 5 companies occupied about 25% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Cleaning Chemicals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hydrotropes
D-limonene

Segmentation by application
Food & Beverage
Building Service
Commercial Laundry
Vehicle Cleaning
Industrial Cleaning
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Akzonobel
DuPont
Solvay SA
Henkel AG & Co KGaA
Huntsman Corporation
Eastman Chemical Company
Lonza Group
Ecolab
Stepan
Diversey
Bluemoon
Liby
Pangkam

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Cleaning Chemicals market?

What factors are driving Industrial Cleaning Chemicals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Cleaning Chemicals market opportunities vary by end market size?

How does Industrial Cleaning Chemicals break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.