Industrial and Institutional Cleaning Chemicals Market will Exhibit a Steady 5.2% CAGR through 2016-2026
Global sales revenue of industrial and institutional cleaning chemicals is projected to be valued at US$ 40.13 Bn by 2016, witnessing a Y-o-Y growth of 3.9% over 2015. The APEJ regional market is expected to register high growth followed by the Latin America industrial and institutional cleaning chemicals market.
The modern healthcare sector uses various devices and procedures to treat patients. The devices used in medical procedures are prone to serious infections. With the number of patients increasing in hospitals, the associated healthcare infections have emerged as a severe health issue in the past few years, posing a big threat to patient safety. It is estimated that over 20%-30% of these healthcare related infections can be prevented by intensive hygiene and control programs. Moreover, National Action Plan to Prevent Health Care-Associated Infections set by the U.S. Department of Health and Human Services (HHS) is also focussing on decreasing the number of such infections by 2020. Thus, due to continuation of promotional campaigns designed to increase awareness among consumers regarding the advantages of cleaning products, the cleaning chemicals demand is projected to increase over the projected period.
View and Download TOC of Industrial and Institutional Cleaning Chemicals Market Research Report@ https://www.futuremarketinsights.com/reports/industrial-institutional-cleaning-chemicals-market/toc
Demand for meat products is increasing, mainly due to the rapid growth in population, westernisation of economies and changing food preferences. This increasing demand, in turn, is likely to lead to a rise in cold storage capacities and the need for a high level of hygiene. Combination of all these factors is projected to drive the consumption of industrial and institutional cleaning chemicals during the assessed period.
Based on a primary source, the global industrial and institutional cleaning chemicals market can be segmented by application as commercial, Industrial and domestic. Industrial application is further classified as hand hygiene chemicals, building care chemicals, and others. The Commercial and domestic application segments are further bifurcated as laundry care chemicals, building care chemicals, kitchen care chemicals, hand hygiene chemicals, and others. Each sub-segment can be further categorised based on chemicals as citric acid, lactic acid, formic acid, phosphoric acid, acetic acid, hydrochloric acid, chlor alkalis, surfactants, chelating agents, phosphates, biocides, and solvents.
The commercial segment will hold significant share in the global industrial and institutional cleaning chemicals market, registering a significantly high CAGR in terms of value during the period of assessment. The segment is estimated to create incremental opportunity of US$ 12.33 Bn during projected period.
Laundry care chemicals sub-segment in industrial application segment is estimated to exhibit a CAGR of 5.9% in terms of value during the studied period. The segment is anticipated to create incremental opportunity of US$ 5,052.6 Mn which is approximately 34% of the total incremental opportunity.
Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1088
Regional market projections
The global industrial and institutional cleaning chemicals market is segmented on the basis of region as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan and Middle East and Africa. APEJ is expected to register relatively high CAGR in terms of value during the assessed period. China and India are highly focussed on increasing hygiene awareness. Western Europe and North America are estimated to collectively account for a share of market value of over 51.5% by 2016 end.
The major companies in the industrial and institutional cleaning chemicals market include Procter & Gamble Co., Huntsman Corporation, The Dow Chemical Company, BASF SE, Akzo Nobel N.V., Lonza Group Limited, Henkel AG & Co. KGaA, Betco Corporation, Solvay SA, Eastman Chemical Companyand Croda International Plc. These players have adopted a strategy of increasing their production capacities across the world.
Buy Full Industrial and Institutional Cleaning Chemicals Market Report@ https://www.futuremarketinsights.com/checkout/1088
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial and Institutional Cleaning Chemicals Market will Exhibit a Steady 5.2% CAGR through 2016-2026 here
News-ID: 721691 • Views: 164
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Industrial
Industrial Controls Market
Industrial controls is a collective term used to define various kinds of control systems and associated instrumentation, which includes the devices, networks, systems, and controls used to operate and automate industrial processes. Industrial control systems include various automation equipment, machines, and components. Get Sample Copy of This Report @ https://www.bigmarketresearch.com/request-sample/2963638?utm_source=SJ-OP The rise in demand for IoT-based smart solutions and automation in various industries increase the demand for the industrial controls. Moreover,
Industrial Starches Market Growth
This report studies the global market size of Industrial Starches in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Industrial Starches in these regions. This research report categorizes the global Industrial Starches market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers,
Industrial Radiography Equipment Market
In this non-destructive technique the materials are exposed to X-rays or gamma radiations. These radiations help to inspect the defects as they become visible with the exposure. The need for material inspection has risen widely in the industries. Therefore product launches and technological advancements in the products are driving the growth of the market. The Global Industrial Radiography Equipment Market valued at USD 497.23 million in 2017 and is expected
Industrial Energy Storage System
The Global Industrial Energy Storage System Market Research Report 2017 renders deep perception of the key regional market status of the Industrial Energy Storage System Industry on a Global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. Request for sample of Industrial Energy Storage System Market research report @ https://www.qyresearchgroups.com/request-sample/497849 The
Industrial Rubber Market
Rubber industry is more than 100 years old. Industrial rubber industry is dominated by one major product tires. Tires are used in large numbers on bicycles, trucks, aircrafts, and automobiles. Automobile tires, inflatable rafts, conveyor belts, rain coats and waterproof cloth tents are produced by impregnating fabrics with rubber, using calendaring process. Molding is another important process in the tire production. Tires are the principal product of industrial rubber industry.
Global Industrial Laser Market
Industrial Laser Market: Overview In recent years the industrial laser market has been developing steadily. The industrial lasers are used in industry in a wide variety of applications. These applications can involve processing of materials and all other applications. The material processing includes cutting, welding, drilling, etc. these type of implementation generally requires high power lasers. The adoption of laser processing is increasing in industries as it can be easily automated