Industrial Cleaning Chemicals Market Size & Growth Analysis to 2030

The global industrial cleaning chemicals market size is anticipated to register a significant CAGR of around 4.5% during the forecast period from 2021 to 2027 and expected to be over USD 63 billion by 2027. The increasing demand for safety and hygiene in industries around the world is a primary factor driving market growth. Furthermore, the rapid growth in industrialization and the increasing number of manufacturing units in developing economies are expected to boost market growth. Amidst COVID-19, the manufacturing value-added growth rate declined due to the global lockdown which is expected to slow down the market growth.

Market Drivers:

Increasing industrialization and urbanization: As industrialization and urbanization continue to expand globally, there is a growing demand for effective cleaning solutions in industries such as manufacturing, automotive, healthcare, food processing, and hospitality. The need for maintaining cleanliness, hygiene, and compliance with regulatory standards drives the demand for industrial cleaning chemicals.

Stringent regulations and standards: Governments and regulatory bodies enforce strict regulations and standards related to industrial cleanliness, worker safety, and environmental protection. Industries must comply with these regulations, which often require the use of specific cleaning chemicals that meet certain criteria. The need for compliance drives the demand for industrial cleaning chemicals that are effective, safe, and environmentally friendly.

Increasing focus on worker safety and hygiene: Worker safety and hygiene are paramount in industrial settings. Proper cleaning and sanitation play a critical role in ensuring a safe working environment and minimizing the risk of accidents, contamination, and the spread of diseases. Industrial cleaning chemicals help maintain cleanliness and hygiene in workplaces, driving their demand.

Growing awareness of environmental sustainability: The demand for environmentally friendly and sustainable cleaning solutions is increasing across industries. Industrial cleaning chemicals that are biodegradable, non-toxic, and eco-friendly are gaining popularity as organizations strive to minimize their environmental impact and adopt sustainable practices. The focus on environmental sustainability drives the demand for green and sustainable industrial cleaning chemicals.

Technological advancements and product innovations: Advancements in chemical formulations, manufacturing processes, and technologies have led to the development of more effective and specialized industrial cleaning chemicals. Innovations such as bio-based cleaners, microbe-based cleaners, and advanced surfactants have improved cleaning efficiency, reduced environmental impact, and expanded the range of applications. Technological advancements drive the growth of the industrial cleaning chemicals market.

Increasing emphasis on cleanliness in healthcare facilities: The healthcare industry requires stringent cleaning and disinfection practices to maintain high levels of cleanliness and prevent the spread of infections. Industrial cleaning chemicals play a crucial role in maintaining the cleanliness of healthcare facilities, medical equipment, and surfaces. The growing emphasis on infection control and cleanliness in healthcare facilities drives the demand for industrial cleaning chemicals.

Maintenance and renovation activities: Regular maintenance and renovation activities in industries necessitate the use of cleaning chemicals to clean and prepare surfaces, remove contaminants, and maintain equipment. Industrial cleaning chemicals are used in tasks such as degreasing, descaling, removing rust, and surface cleaning. The need for maintenance and renovation activities drives the demand for industrial cleaning chemicals.

Market Outlook:

Market Insights:

The global industrial cleaning chemicals market is bifurcated into ingredient, application, and geography. On the basis of ingredients, the market is further segmented into surfactants, solvents, chelating agents, and others. The chelating agents segment dominated the global market and is expected to grow at the same trend over the forecast period. The increasing demand for cleaning formulations such as surface cleaners and disinfectants is expected to drive the segment growth over the forecast period.

On the basis of application, the global industrial cleaning chemicals market is bifurcated into manufacturing & commercial, healthcare, retail & food service, and others. The healthcare segment is accounted to grow at a significant growth rate over the forecast period. the segment growth is attributed to the increasing expenditure on healthcare infrastructure and the high frequency of cleaning in the healthcare sector. The increasing awareness regarding hygiene and safety is further expected to drive the market growth in the healthcare industry.

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The industrial cleaning chemicals comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The industrial cleaning chemicals market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Ingredients:

• Surfactants
• Solvents
• Chelating Agents
• Others

By Application:

• Manufacturing & Commercial
• Healthcare
• Retail & Food Service
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the industrial cleaning chemicals market report comprises dedicated sections centering on the regional market revenue and trends. The industrial cleaning chemicals market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and the Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The industrial cleaning chemicals market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Industrial cleaning chemicals market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competition Assessment:

Some of the major players operating in the global industrial cleaning chemicals market are 3M Company, BASF SE, Clariant, Croda International Plc., Diversey, Inc., and Dow, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• 3M Company
• BASF SE
• Clariant
• Croda International Plc.
• Diversey, Inc.
• Dow, Inc.
• Ecolab, Inc.
• Evonik Industries AG
• Huntsman Corporation
• Kao Chemicals Europe. S.L.
• Mitsubishi Chemical Holdings Corporation

Key Questions Answered by Industrial Cleaning Chemicals Market Report

• Global industrial cleaning chemicals market forecasts from 2021-2027
• Regional industrial cleaning chemicals market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Industrial cleaning chemicals submarket forecasts from 2021-2027 covering the market by ingredients, by application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the industrial cleaning chemicals market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level industrial cleaning chemicals markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the industrial cleaning chemicals market