The global industrial and institutional cleaning chemicals market size was USD 47.25 billion in 2019 and is projected to reach USD 68.16 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. The stringent food safety standards implemented by the authorities can have a tremendous impact on the global market, states Fortune Business Insights, in a report, titled “Industrial and Institutional Cleaning Chemicals Market Size, Share & COVID-19 Impact Analysis, By Product Type (General Purpose Cleaners, Floor Care, Warewashing, Disinfectant & Sanitizer, Laundry Care, and Others), By End-User (Commercial, Manufacturing, Institutional & Government) and Regional Forecast, 2025-2032.”
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Segmentation Analysis:
By Product Type: The market is segmented into general-purpose cleaners, floor care, warewashing, disinfectants & sanitizers, laundry care, and others. General-purpose cleaners dominate the market due to their wide use in degreasing, metal cleaning, and sanitation, coupled with their cost-effectiveness and efficiency.
By End-User: Based on end-users, the market is divided into commercial, manufacturing, and institutional & governmental. The commercial segment leads, driven by rising hygiene standards and increased sanitation awareness post-pandemic. The manufacturing segment is set to grow rapidly, supported by the need for equipment cleaning, degreasing, and contamination control in food & beverage facilities.
Market Driver:
Q1: What is driving the growth of the industrial and institutional cleaning chemicals market?
A: Rising consumption of cleaning chemicals for commercial use, growing health & hygiene awareness, and increasing demand from hospitality sectors such as restaurants and hotels are major growth drivers.
Q2: How does disposable income impact the market?
A: Higher disposable income and increased spending on tourism and leisure activities lead to greater demand for cleaning chemicals to maintain high hygiene standards in hospitality and commercial spaces.
Q3: What role do workplace sanitation standards play?
A: Stringent hygiene norms, especially in developed nations, are boosting the adoption of cleaning chemicals across offices, factories, and public facilities.
Regional Analysis:
Q1: Which region dominates the market?
A: North America leads the market, driven by high demand from the hospitality industry and increased usage of disinfection products post-COVID-19.
Q2: What are the growth prospects for Asia Pacific?
A: Asia Pacific is projected to grow rapidly due to strong demand from healthcare, retail, food service, and manufacturing sectors.
Q3: How is Europe contributing to market growth?
A: Europe is witnessing significant demand from the food & beverage industry, supported by strict hygiene and sanitation standards in workplaces.
Q4: What about Latin America and the Middle East & Africa?
A: Both regions are expected to show steady growth as awareness about hospital-acquired infection prevention rises, creating demand for cleaning chemicals.
Key Development:
18 November, 2020: Kimberly-Clark Foundation introduced the 'Toilets Change Lives' program to support sanitation solutions in 10 countries during the pandemic outbreak.
The Report Lists the Key Players in the Market for Industrial and Institutional Cleaning Chemicals:
- The Procter & Gamble Company (U.S.)
- The Clorox Company (U.S.)
- Kimberly-Clark Corporation (U.S.)
- Ecolab (U.S.)
- Diversey Inc. (U.S.)
- Dow (U.S.)
- Graham Chemical Corporation (U.S.)
- Croda International plc (UK)
- BASF SE (Germany)
- Brenntag (Germany)
- Clariant SA (Switzerland)
- Solvay SA (Belgium)
- Other Players
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