Industrial And Institutional Cleaning Chemicals Market Size is Predicted to Witness 8.0% CAGR till 2030

[sara James]

The global Industrial And Institutional Cleaning Chemicals Market size is expected to reach USD 128.0 billion by 2030, registering a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by demand from the healthcare sector and the requirement for cleaning and disinfectants by manufacturing facilities worldwide.

Piling demand for plant oil-based cleaning chemicals and disinfects from the household, commercial, and various public spaces are also expected to boost the market growth. In the wake of pandemics and various other infectious diseases, the product market has achieved inclined growth over the recent years. As the awareness about the importance of disinfecting and chemical cleaning is increasing, the market is expected to show progression.

The advancement and expansion in the chemicals industry have directly impacted the market positively. The requirement for chemicals as both cleaners and disinfectants has led to growth in general-purpose cleaners. Furthermore, R&D in the chemicals industry has also led to the development of industrial & institutional cleaning chemicals.

The COVID-19 pandemic has positively impacted the market. Amidst the global pandemic, the demand for sanitizers and disinfected surged, owing to the fright of the spreading of infection. Even the authorities and various healthcare institutions, including WHO, are promoting the utilization of disinfectants and sanitizers for the protection and prevention of COVID-19, which is anticipated to further augment the product demand on a global scale.

List of Key Players of Industrial And Institutional Cleaning Chemicals Market

• Procter & Gamble
• BASF SE
• Clariant
• The Clorox Company, Inc.
• Henkel AG & Co. KGaA
• 3M
• Kimberly-Clark Corporation
• Reckitt Benckiser Group plc
• Croda International plc
• Albemarle Corporation
• Eastman Chemical Corporation
• Huntsman International LLC
• Stepan Company
• Westlake Chemicals Corporation
• SOLVAY
• Dow
• Sasol

Related Press Release@ Industrial And Institutional Cleaning Chemicals Market Report

Industrial And Institutional Cleaning Chemicals Market Report Highlights

• General-purpose cleaner’s product segment dominated the market with a revenue share of over 34% in 2023
• The commercial segment dominated the market with a revenue share of more than 69% in 2023
• North America dominated the market with a revenue share of over 33% in 2023

Industrial And Institutional Cleaning Chemicals Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 80.05 billion
Revenue forecast in 2030	USD 128.0 billion
Growth rate	CAGR of 8.0% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 - 2022
Forecast period	2024 - 2030

 

Request For A Free Consultation @ https://www.grandviewresearch.com/request-free-consultation/450569/rfc

Industrial And Institutional Cleaning Chemicals Market Segmentation

Grand View Research has segmented the global industrial and institutional cleaning chemicals market report based on raw material, product, end-use, and region:

Industrial And Institutional Cleaning Chemicals Raw Material Outlook (Revenue, USD Million; 2018 - 2030)

• Chlor-alkali
• • Caustic Soda
  • Soda Ash
  • Chlorine
• Surfactant
• • Nonionic
  • Anionic
  • Cationic
  • Amphoteric
• Solvents
• • Alcohols
  • Hydrocarbons
  • Chlorinated
  • Ethers
  • Others
• Phosphates
• Biocides
• Others

Industrial And Institutional Cleaning Chemicals Product Outlook (Revenue, USD Million; 2018 - 2030)

• General Purpose Cleaners
• Disinfectants And Sanitizers
• Laundry Care Products
• Vehicle Wash Products
• Others

Industrial And Institutional Cleaning Chemicals End-Use Outlook (Revenue, USD Million; 2018 - 2030)

• Commercial
• • Food Service
  • Retail
  • Healthcare
  • Laundry Care
  • Institutional Buildings
  • Others
• Manufacturing
• • Food & Beverage Processing
  • Metal Manufacturing & Fabrication
  • Electronic Components
  • Others

Industrial And Institutional Cleaning Chemicals Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America
• • U.S.
  • Canada
  • Mexico
• Europe
• • Germany
  • UK
  • France
  • Italy
• Asia Pacific
• • China
  • India
  • Japan
  • South Korea
• Central & South America
• • Brazil
  • Argentina 
• Middle East & Africa
• • Saudi Arabia
  • South Africa