Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "Industrial Cleaning Chemicals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Industrial Cleaning is projected to reach US$65.5 billion by 2025, driven by the growing focus shed on maintaining clean and healthy work environments as manufacturing companies seek to increase worker productivity and well-being and enhance manufacturing quality and standards. Build-up of dirt, chemicals, solvents, mold, pathogens and other pollutants in plant floors can pose serious health hazards for workers, costing manufacturing companies billions of dollars in lost productivity and health reimbursements for sick or ill workers.
In addition to worker health, manufacturing machines and equipment are also prone to failures and breakdowns when regular cleaning is not undertaken. Cleaning of industrial equipment reduces wear and tear and protects capital investments. Given of importance of cleaning and decontamination, a growing number of companies are investing in professional cleaning services and products. In an industrial setting cleaning is most often required in plant floor, assembly lines, air ducts, exhaust pipes, dust collectors, hood exhaust systems, heat exchanger and tube cleaning, vessel and tank cleaning, chemical cleanup, among numerous others. Benefits of regular cleaning and decontamination include maximum worker productivity, reduced machine downtime, reduced risk of infections, and elimination of contaminants in manufactured products, and higher profit turnover. Depending upon the application area several types of chemical solvents are available in the market including oxygenated solvents, hydrocarbon solvents (aliphatic solvents, aromatic solvents), halogenated solvents, surfactants, pH regulators, among others.
A key trend in the market is the growing replacement of petroleum-based solvents with greener alternatives with eco-friendly benefits. Stringent VOC emission regulations, growing corporate environmental stewardship and growing body of evidence from scientific studies linking toxic, mainstream chemicals with asthma, cancer and increased birth defects, are key factors driving the migration towards greener products. Benefits of Green Industrial Cleaning include ensures conformance to air quality & other environmental standards; they are free from antibacterial ingredients and carry reduced risk of bacterial resistance to antibiotics; and organic and natural ingredients are cost effective & sustainable.
To ensure biodegradability, manufacturers are replacing diethanolamine, terpenes, triclosan with baking soda, vinegar and lemon juice. The United States and Europe represent the largest markets worldwide with a combined share of 52.1%. China ranks as the fastest growing market with a 6.5% CAGR over the analysis period supported by the countrys well developed industrial sector ranging from petroleum, chemical, power, machinery, coal, factories, food, textile, and warehouses, among others. This together with the industrys focus on operational excellence is spurring opportunities in this market. The focus on regular maintenance and affordable cleaning has already help shape a massive cleaning service market in the country. Asia-Pacific excluding China follows next with a 5.6% CAGR led by India, and other Southeast Asian countries.
Competitors identified in this market include, among others:
Croda International Plc.
Evonik Industries AG
Kao Chemicals Europe. S. L.
Mitsubishi Chemical Holdings Corporation
Neos Company Limited
Pilot Chemical Company
Quaker Chemical Corporation
Solvay S. A.
Spartan Chemical Co., Inc.
WVT Industries N. V. (Belgium).
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Industrial Cleaning: An Introduction
A Prelude to Key Ingredients of Industrial Cleaning Products
Industrial Cleaning: Macro Industry Overview
Widespread Opportunities in Manufacturing, Commercial, Healthcare, and Retail & Food Service Sectors
Surfactants Hold Dominant Share
Asia-Pacific Evolves as Most Important Market
Developed Regions Continue to Offer Robust Opportunities
Competition: A Fragmented Market
Industrial Cleaning Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Industrial Cleaning Products: Protecting Businesses, and Enhancing Resource Efficiency
Stringent Regulations Concerning Hygiene Drives Growth in the Market
Cleaning Management Institute (CMI) - Professional Cleaning Industry's Leading Certification Provider
Cleaning Industry Management Standard (CIMS)
The ISSA Clean Standards
State of the Manufacturing Industry Lays Foundation for Industrial Cleaners Growth
Global Industrial Cleaning Services Market (2019): Percentage Breakdown of Revenues by Segment
Global Industrial Floor Cleaner Market (2019): Percentage Breakdown of Revenues by Segment
Industry 4.0 Set to Accelerate Market Adoption
Food Services Sector Continues to Generate Steady Demand
High Demand in Healthcare Facilities Strengthens Market Prospects
Northbound Trajectory in Healthcare Spending Lends Traction to Market Growth
Vital Role of Green Cleaning Solutions in Hospitality Industry
Cleaning Ensures Increase of Product Lifetime within Electronics Manufacturing Industry
Residues Adversely Impact Reliability and Operation of Electronic Device
Cleaning Process a Must, Despite Advances in Novel Technologies
With Eco-Friendly Fad Gathering Pace, Electronic Manufactures Turn to Safer Alternatives
Rise in Demand for High-Performance Products
Enactment of Stringent Environmental Regulations Fuels Demand for Green Chemicals
Green Cleaning Products Display Impressive Growth
Cost-Effective Products Gain Demand
Sophisticated Cleaning Technologies Enter the Fray
Trends Impacting Commercial Cleaning Industry
Robots and Digital Machines Bring About a Paradigm Shift
Automation and Smart Applications Revolutionize the Industry
Adoption of Safe Sanitary Practices Eliminates Spread of Harmful Bacteria
An Overview of Cost and Opportunity Indicators Impacting Cleaning Franchise Businesses
Challenges Facing the Cleaning Industry
Green Cleaning Products: Are they Safe for Real?
Highly Competitive Cleaning Solution Providers Present Challenges for the Sector
Innovations and Advancements
A Glance at Early and Modern Cleaning Innovations
Innovative Technologies and Approaches in the Cleaning Industry
Rapid Advancements in Cleaning Technology Positively Impacting the Industry
Green Cleaning: An Important Trend
Environmentally Friendly and Green Commercial Cleaning Innovations
Evolving IoT, Robotics and AI Technologies Pep Up the Industrial Cleaning Market
Disruptive Cleaning Products - Result of Legislations?
Select Equipment and Products for Industrial Cleaning Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 31
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