The global market for Industrial Cleaning Chemicals is estimated at US$61.0 Billion in 2023 and is projected to reach US$80.0 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial cleaning market is driven by several factors, including heightened awareness among corporations regarding workplace cleanliness, government-led health and safety regulations, and a robust demand from core application industries. Industries such as healthcare, which require stringent sanitary conditions, and manufacturing sectors that involve complex chemical processes, are significant contributors to the growing demand for industrial cleaners. Moreover, the ongoing innovation in product formulations to meet specific industry needs without compromising environmental integrity is a key growth driver. These trends are poised to continue, as the global focus on health and environmental sustainability remains at the forefront of operational priorities in various industries, ensuring the progressive expansion of the industrial cleaning chemicals market.
The growth in the industrial cleaning market is driven by several factors, including heightened awareness among corporations regarding workplace cleanliness, government-led health and safety regulations, and a robust demand from core application industries. Industries such as healthcare, which require stringent sanitary conditions, and manufacturing sectors that involve complex chemical processes, are significant contributors to the growing demand for industrial cleaners. Moreover, the ongoing innovation in product formulations to meet specific industry needs without compromising environmental integrity is a key growth driver. These trends are poised to continue, as the global focus on health and environmental sustainability remains at the forefront of operational priorities in various industries, ensuring the progressive expansion of the industrial cleaning chemicals market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Surfactants-based Cleaning Chemicals segment, which is expected to reach US$22.6 Billion by 2030 with a CAGR of a 4.6%. The Solvents-based Cleaning Chemicals segment is also set to grow at 3.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $17.5 Billion in 2023, and China, forecasted to grow at an impressive 6.1% CAGR to reach $18.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Cleaning Chemicals Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Cleaning Chemicals Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Cleaning Chemicals Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, Dow Inc., Cargill, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 34 Featured):
- 3M Company
- Dow Inc.
- Cargill, Inc.
- Archer Daniels Midland Company
- Clariant International Ltd.
- Croda International PLC
- Clariant AG
- Amano Pioneer Eclipse Corporation
- Betco Corporation
- Diversey Holdings LTD.
- Active Chemicals Ltd.
- Arrow Solutions
- Canberra Corporation
- Concept Manufacturing Ltd.
- ALPHA CHEMICAL
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
- 3M Company
- Dow Inc.
- Cargill, Inc.
- Archer Daniels Midland Company
- Clariant International Ltd.
- Croda International PLC
- Clariant AG
- Amano Pioneer Eclipse Corporation
- Betco Corporation
- Diversey Holdings LTD.
- Active Chemicals Ltd.
- Arrow Solutions
- Canberra Corporation
- Concept Manufacturing Ltd.
- ALPHA CHEMICAL
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 475 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 61 Billion |
Forecasted Market Value ( USD | $ 80 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |