Press release
Industrial Cleaning Chemicals Market | Key players operating in the market include Evonik Industries AG, BASF SE, Stepan Company, The Dow Chemical Company, Ecolab Inc.
The report "Industrial Cleaning Chemicals Market by Ingredient Type (Surfactants, Solvents, Chelating Agents, Ph Regulators, Solublizers/ Hydrotropes, Enzymes), Product Type, and Region (APAC,North America, Europe, MEA, South America) - Global Forecast to 2026" is projected to reach USD 61.6 billion by 2026, at a CAGR of 5.1% from USD 48.1 billion in 2021.Browse 307 market data Tables and 73 Figures spread through 322 Pages and in-depth TOC on "Industrial Cleaning Chemicals Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-institutional-cleaning-chemicals-market-52902227.html
The overall growth of the industrial cleaning chemicals market is closely connected to the growth of end-use segments, such as manufacturing & commercial offices, healthcare, retail & food service, automobile & aerospace, hotels, and food processing & dairy industry, among others. Cleaning plays a very important role in the growth and performance of these industries. Healthcare, hospitality, and retail are the sectors where there is direct client interaction and, thus, these industries are focused on ensuring a clean environment. In the manufacturing, automotive, and food processing industries, better hygiene not only results in quality products, but is also safe for workers' health. It helps in improving productivity. All these industries are projected to grow at a positive rate, which is expected to drive the demand for industrial cleaning chemicals in these industries.
"Surfactants is projected to be the fastest-growing ingredient type for industrial cleaning chemicals market between 2021 and 2026"
Surfactants, also called surface-active agents, are organic chemicals that change the properties of water by lowering the surface tension of water. Surfactants enable the cleaning solution to wet a surface (such as clothes, dishes, and countertops) more quickly, so the soil can be readily loosened and removed (usually with the aid of mechanical action). Surfactants also emulsify oily soils and keep them dispersed and suspended so they do not settle back on the surface. To accomplish their intended jobs effectively, many cleaning products include two or more surfactants.
"General cleaning & medical device cleaning segment is projected to be the fastest-growing product type for industrial cleaning chemicals market between 2021 and 2026."
Chelating agent is the largest ingredient type used in general cleaners, mainly due to its high performance in hard water. The below table provides the ingredient share of general cleaners and their split by two general cleaner segments, i.e., floor care and carpet care. High demand from hospitals and other healthcare institutes is driving the market in medical device cleaning applications.
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"Healthcare is projected to be the fastest-growing application in industrial cleaning chemicals market between 2021 and 2026."
In the healthcare industry, cleaning entails preparing a surface for sterilization. The goals of healthcare cleaning procedures are to keep instruments and equipment clean and sterile, prolong their working life, minimize cross-contamination, and reduce medical waste. The ideal detergent for cleaning reusable instruments has a neutral pH to prevent corrosion or other surface degradation. Detergents that contain enzymes remove proteinaceous soils from blood or body fluids by soaking and gentle cleaning rather than abrasive scrubbing.
"APAC is projected to be the fastest-growing region for the industrial cleaning chemicals market during the forecast period"
The growing population and rising standard of living mark the huge developments undergoing in the region. The increase in employment rate, disposable income of the people, and foreign investments in various sectors of the economy are some of the factors that make Asia Pacific an attractive industrial cleaning chemicals market. The region is the hub for foreign investments and booming industrial sectors, mainly because of the low cost of labor, easy availability of raw materials, increase in the adoption of modern technologies, innovations, and easy availability of inexpensive land. It is also the world's leading manufacturing hub for the automotive industry due to increasing passenger vehicle production in China and India.
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The key market players profiled in the report include Diversey Holdings, Ltd. (US), Evonik Industries AG (Germany), BASF SE (Germany), Stepan Company (US), The Dow Chemical Company (US), Ecolab Inc. (US), Clariant AG (Switzerland), Solvay (Belgium), Pilot Chemical Corp. (US), DuPont De Numerous, Inc. (US), Novozyme (Denmark), National Chemical Laboratories, Inc. (US), Nyco Products Company (US), and Trans Gulf Industries (US). They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors
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