Global Industrial Cleaning Chemicals Market
Dublin, July 21, 2022 (GLOBE NEWSWIRE) -- The "Industrial Cleaning Chemicals Market Share, Size, Trends, Industry Analysis Report, By Ingredients Type; By Product Type; By Application; By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global industrial cleaning chemicals market size is expected to reach USD 73.55 billion by 2030
The key factors that boost the growth include increased awareness about safety, health, and hygiene in the workplace, rapid industrialization, and the formation of various manufacturing and industrial organizations in emerging countries, which are expected to be significant drivers driving the market. The benefits are another factor propelling the market's growth as these are used to clean manufacturing facilities regularly. These substances are used to clean and maintain industrial floors for worker safety.
Further, concerns about the harmful consequences of petroleum-based solvents have fueled the demand for environmentally friendly alternatives. The growing popularity of bio-based products has prompted manufacturers to adopt bio-based solvents in their production. Chemicals generated from biological sources are less hazardous and do not include volatile organic compounds in industrial and institutional cleaning.
The green goods meet environmental and air quality regulations and are free of antibacterial components, lowering the possibility of bacterial resistance to antibiotics. Most products contain surfactants, which are petroleum by-products that are not readily biodegradable, resulting in pollution from household cleaning.
Based on the ingredient type, the solvents segment accounted for the leading share in the market. Floor cleaners, vehicle cleaners, and industrial products all use solvents. They're also employed in the making of detergents. Humans exposed to high levels of certain solvents may develop health problems due to the substances.
As a result, regulatory restrictions prohibiting the use of hazardous chemicals in direct contact applications are projected to stifle segment expansion to some extent. However, rising demand for alcohol and ether-based products in industrial cleaning applications is expected to drive product demand during the forecast period.
In August 2021, Diversey Holdings, Ltd., one of the leading hygiene, infection control, and cleaning products providers, announced that it had agreed to purchase Tasman Chemicals. Furthermore, Diversey Holdings, Ltd. will expand its position in the Australia and New Zealand markets due to Tasman's solid reputation.
DuPont De Numerous Inc.
Henkel AG & Co
National Chemicals Laboratories Inc.
Nyco Products Company
Pilot Chemicals Corp.
Proctor & Gamble
The Dow Chemicals Company
Trans Gulf Industries
Scope of the Report
Industrial Cleaning Chemicals, Ingredients Type Outlook
Industrial Cleaning Chemicals, Product Type Outlook
Oven & Grill Cleaners
General Cleaning & Medical Device Cleaning
Industrial Cleaning Chemicals, Application Outlook
Manufacturing & Commercial Offices
Retail & Foodservice
Industrial Cleaning Chemicals, Regional Outlook
Middle East & Africa
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