Industrial & Institutional Cleaning Chemicals Market Competitive And Growth Analysis 2024 | Procter & Gamble Company, Clariant AG, Henkel Adhesives Technologies India Private Limited

"The new report published by The Business Research Company, titled ""Industrial & Institutional Cleaning Chemicals Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the industrial & institutional cleaning chemicals market size has grown strongly in recent years. It will grow from $65.71 billion in 2023 to $70.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The industrial & institutional cleaning chemicals market size is expected to see strong growth in the next few years. It will grow to $94.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.

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Health Concerns And Heightened Sanitation Drive Growth In The Industrial And Institutional Cleaning Chemicals Market
The rise in health concerns about recent outbreaks of COVID-19 and increased use of sanitation are expected to boost the growth of the industrial, institutional, and cleaning chemicals markets going forward. The state of being physically and psychologically healthy and disease-free is known as being in good health and sanitation. It describes the conditions that support good public health, including access to clean drinking water, effective sewage treatment, and the disposal of human waste. During the COVID-19 pandemic, the overall use of most cleaning chemicals has significantly increased in healthcare institutions such as hospitals, nursing homes, and assisted living facilities as a result of increasing cleaning frequency, increasing patient loads, and a focus on deep cleaning to safeguard fragile patients or residents. For instance, according to the report published by the World Health Organization, a Switzerland-based government agency and provider of leadership on global health matters, in 2021, safely managed sanitation services grew from 47% to 54%. Additionally, it is anticipated that by 2030, 67% of people will have access to safe sanitation. Therefore, the rise in health concerns and the increased use of sanitation are driving the growth of the industrial, institutional, and cleaning chemicals markets.

Innovative Antibacterial Solutions Drive Trends In The Industrial And Institutional Cleaning Chemicals Market
Product innovations have emerged as the key trend gaining popularity in the industrial and institutional and cleaning chemicals market. Major companies operating in the industrial and institutional and cleaning chemicals market are developing innovative antibacterial products to strengthen their position in the market. For instance, in September 2023, Bunzl Canada Inc, a Canada based distributor of food packaging, cleaning and hygiene products, introduced its latest environmentally conscious cleaning product line, branded under the name REGARD. The line, titled ""REGARD Eco-Friendlier Cleaning Solutions, is comprised of ECOLOGO and Green Seal-certified products, aligning with stringent environmental standards. This innovative line not only reduces the environmental impact associated with procurement and delivery but also incorporates smart packaging solutions. The cleaning products are carefully formulated to be non-caustic and hypoallergenic, offering a safer and healthier cleaning alternative. Furthermore, these high-performance solutions are designed to deliver exceptional cleaning results, emphasizing both efficacy and environmental responsibility.

The industrial & institutional cleaning chemicals market covered in this report is segmented -

1) By Product: General Purpose Cleaners, Disinfectants And Sanitizers, Laundry Care Products, Vehicle Wash Products, Other Products
2) By Ingredient Type: Surfactants, Solvents, Chelating Agents, pH Regulators, Solubilizer/Hydrotropes, Enzymes, Other Ingredient Types
3) By End-Use: Commercial, Industrial, Institutional, Other End-uses

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Major companies operating in the industrial & institutional cleaning chemicals market report are Procter & Gamble Company, Clariant AG, Henkel Adhesives Technologies India Private Limited, Kimberly-Clark Corporation, Croda International Plc., Huntsman International LLC, Solvay, Ecolab Inc., Badische Anilin und Soda Fabrik, The Clorox Company, 3M Company, Albemarle Corporation, Sasol Limited, Westlake Corporation, Diversey Holdings Ltd., Arrow-Magnolia International Inc., Avmor, Bebbington Industries, Betco, Buckeye International Inc., Charlotte Products Ltd., State Industrial Products Corporation, The ArmaKleen Company, W.M. Barr & Company Inc., Zep Inc., Spartan Chemical Company Inc., Stepan Company, WM Barr, Eastman Chemical Company, LANXESS A.G, National Chemical Laboratories Inc., Nouryon, Reckitt Benckiser Group plc .

Contents of the report:
1. Executive Summary
2. Industrial & Institutional Cleaning Chemicals Market Report Structure
3. Industrial & Institutional Cleaning Chemicals Market Trends And Strategies
4. Industrial & Institutional Cleaning Chemicals Market - Macro Economic Scenario
5. Industrial & Institutional Cleaning Chemicals Market Size And Growth
…..
27. Industrial & Institutional 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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