Industrial Cleaning Chemicals Market Report 2024: Strategies And Recent Developments | Ecolab Inc., Diversey Holdings Ltd., Minnesota Mining and Manufacturing Company, Badische Anilin und Soda Fabrik SE, Procter & Gamble Company, Akzo Nobel N.V., Clariant

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2423

The Business Research Company offers in-depth market insights through Industrial Cleaning Chemicals Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The industrial cleaning chemicals market size has grown strongly in recent years. It will grow from $57.56 billion in 2023 to $61.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to industrialization and manufacturing growth, stringent regulatory standards, occupational health and safety compliance, focus on sustainable practices, rise in food processing industry, healthcare facility hygiene, water treatment and pollution control..

The industrial cleaning chemicals market size is expected to see strong growth in the next few years. It will grow to $82.57 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to globalization of supply chains, focus on green chemistry, e-commerce growth, biofilm control in food processing, rapid urbanization, customized cleaning solutions, focus on specialty chemicals.. Major trends in the forecast period include increased automation and robotics, focus on high-efficiency and performance, shift toward bio-based and bio-derived ingredients, customization and tailored solutions, advancements in nanotechnology, digitalization and data-driven cleaning practices..

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Market Segmentation:
The industrial cleaning chemicals market covered in this report is segmented -

1) By Product Type: General Cleaners, Metal Cleaners, Oven And Grill Cleaners, Dish Washing, Commercial Laundry, Dairy Cleaners, Disinfectants
2) By Ingredient Type: Surfactants, Solvents, Chelating Agents, pH Regulators, Solubilizers, Other Ingredient Types
3) By Application: Manufacturing And Commercial Offices, Healthcare, Retail And Foodservice , Hospitality, Automotive, Aerospace, Food Processing, Other Applications

Major Driver - Surging Healthcare Expenditure Fuels Growth In The Industrial Cleaning Chemicals Market
The rising expenditure on healthcare by individuals is expected to propel the industrial cleaning chemicals market. Healthcare refers to the health that is maintained and involves the physical, mental, or emotional well-being of a person. Disinfection would reduce the risk of infection from microbial contamination. For instance, in May 2023, The Office for National Statistics, a UK-based statistics authority, healthcare spending in the UK increased by 9.4% in nominal terms and 9.7% in real terms. And UK total healthcare expenditure in 2021 was $367.25 billion (£280.7 billion), and pharmaceutical expenditure was $51.84 billion (£39.6 billion) in 2021, furthermore, spending on preventive care was $45.93 billion (£35.1 billion) in 2021, more than doubling from previous year. Therefore, the rising expenditure on healthcare by individuals is driving the growth of the industrial cleaning chemicals market.

Competitive Landscape:
Major companies operating in the industrial cleaning chemicals market report are Ecolab Inc., Diversey Holdings Ltd., Minnesota Mining and Manufacturing Company, Badische Anilin und Soda Fabrik SE, Procter & Gamble Company, Akzo Nobel N.V., Clariant International Ltd., Croda International PLC, Eastman Chemical Company, Henkel AG & Co. KGaA, Huntsman Corporation, Solvay SA, Dow Inc., Evonik Industries AG, Stepan Company, Pilot Chemical Company, DuPont de Nemours Inc., Royal Chemical Co. Inc., Dober Chemical Corp., Weiman Products LLC, Spartan Chemical Company Inc., National Service Industries Inc., The Chemours Company, Lubrizol Corporation, Nouryon, Quaker Houghton, S.C. Johnson & Son Inc., Kao Corporation, Church &* Dwight Co. Inc., Betco Corporation

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Top Trend - Bio-Based Industrial Cleaning Chemicals
Product innovations are a key trend gaining popularity in the industrial cleaning chemicals market. Major players in the market are concentrating on creating innovative product solutions to improve their market share. For instance, in February 2022, Clariant AG, a Switzerland-based company operating in industrial cleaning chemicals, launched a unique line of 100% bio-based surfactants and polyethylene glycols, which would address climate change indirectly. Clariant manufacturers use ethylene oxide from 100% bio-ethanol derived from sugar cane or corn. These are based on renewable feedstocks and have at least a 98% Renewable Carbon Index (RCI).

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Industrial Cleaning Chemicals Market Characteristics
3. Industrial Cleaning Chemicals Market Trends And Strategies
4. Industrial Cleaning Chemicals Market - Macro Economic Scenario
5. Industrial Cleaning Chemicals Market Size And Growth
…..
27. Industrial Cleaning Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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