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The industrial cleaning chemicals market size is estimated to grow at a CAGR of 4.98% between 2023 and 2028. The market size is forecast to increase by USD 13.01 billion. The growth of the market depends on several factors, including the increase in healthcare expenditure, growth of the industrial sector and rising awareness regarding workplace hygiene.
The report includes a comprehensive outlook on the industrial cleaning chemicals market offering forecasts for the industry segmented by End-user, which comprises healthcare, manufacturing and commercial offices, retail and foodservice, hospitality, and others. Additionally, it categorizes Types into surfactants, solvents, chelating agents, pH regulators, and others, and covers Geography regions, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
Industrial cleaning chemicals are cleaning products that are formulated to meet the diversified cleaning needs of various industries. Cleaning chemicals are generally available in four types: strong alkali cleaning agents, medium alkali cleaning agents, mild alkali chemical solutions, and strong acids. These products can facilitate absolutely germ-free cleaning or can be used to clean the contaminated surface of floors and equipment.
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An increase in healthcare expenditure is notably driving the market growth. The healthcare industry is one of the key end-users in the global industrial cleaning chemicals market. Industrial cleaning chemicals are very important as they support the hygiene and cleanliness requirements of healthcare facilities and the manufacturing units of healthcare equipment. The healthcare industry has been growing stably due to favourable support from the governments, the increasing prevalence of chronic diseases, and the rising emphasis on a healthy lifestyle among the population of both developed and developing nations. These factors have led to an increase in healthcare spending.
Moreover, the growth in healthcare spending will lead to an increase in the number of healthcare facilities and equipment manufacturing units. All such types of installations require cleaning chemicals. Thus, the increase in healthcare spending will drive the growth of the industrial cleaning chemicals market during the forecast period.
An increase in demand for fragranced cleaning products is an emerging trend shaping the market growth. Fragrance is emerging as one of the key attributes of industrial cleaning products. The growing demand for fragranced industrial cleaning products is gaining traction across the world. For product formulators, fragrance is a powerful way to connect to end-users. Due to the growing demand for fragranced cleaning products, fragrance producers are also increasing their product offerings of industrial cleaning chemicals. Fragrance is incorporated in industrial and institutional products, janitorial and housekeeping products, cleaning maintenance and laundry products, and odour controls and air fresheners.
However, several companies, such as Croda International Plc (Croda International) and Solenis, offer scented cleaning products to their end-users. Therefore, the increase in the demand for fragranced cleaning products will drive the growth of the global industrial cleaning chemicals market during the forecast period.
The growing adoption of chemical-free cleaning is a significant challenge hindering market growth. Due to the adverse health impact of cleaning chemicals on the health of workers and the environment, the demand for chemical-free products for cleaning applications is increasing. Chemical-free products are generally based on plant extract, antimicrobial, microbial, and enzyme technology. These products offer a sustainable cleaning solution to end-users by turning natural resources and ingredients into organic cleaning products, which are eco-friendly. Several companies are offering products for chemical-free cleaning.
Additionally, key companies like Stepan Co. and Ecolab Inc. offer several pieces of equipment that use chemical-free cleaning products. Several companies are offering cleaning products that are substitutes for cleaning chemicals. Therefore, the growing adoption of chemical-free cleaning will impact the demand for cleaning chemicals. This, in turn, will negatively impact the growth of the industrial cleaning chemicals market during the forecast period.
The market share growth by the healthcare segment will be significant during the forecast period. The healthcare segment includes medical institutions and medical equipment production centres. The high demand for industrial cleaning chemicals from the healthcare segment can be attributed to the criticality of the sanitized and hygienic working environment in the segment.
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The healthcare segment was the largest and was valued at USD 11.97 billion in 2018. The growth in the overall population and older population has accelerated the need for efficient healthcare. Also, the proliferation of chronic diseases, increased awareness, and the need for high-quality care from healthcare providers drive the growth of the segment. Further, new technologies and infrastructure improvements are also required. The focus of the healthcare sector has shifted toward new technologies to ensure the environment, for professionals and patients, is clean and hygienic. Therefore, these factors will contribute to the growth of the healthcare segment, which will further expand the growth of the industrial cleaning chemicals market during the forecast period.
Based on type, the market has been segmented into surfactants, solvents, chelating agents, pH regulators, and others. The surfactants?segment will account for the largest share of this segment.? The industrial cleaning chemicals market is dominated by surfactants, which can be classified into distinct categories based on their chemical composition and function. Surfactants are essential components in the production of a variety of industrial cleaning products, which are employed in a variety of industries, including manufacturing, medical care, retail, and transport.
APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in APAC is expected to exhibit the fastest growth globally during the forecast period. The growth of the regional market is led by China, Japan, South Korea, and India primarily. A rapid increase in the consumption of industrial products in Asia and the growing dominance of the region in the global flow of innovation, trade, talent, and capital has resulted in making APAC the centre of industrial activities. Growing urbanization in the region has further boosted the base of industrial activities, leading to a rise in the number of industrial facilities in the region. This has significantly contributed to the growth of the regional industrial cleaning chemicals market. Sectors such as automotive, aviation, and healthcare are witnessing strong growth in the region. For instance, China's combined production of all vehicles (including passenger cars, light commercial vehicles, and trucks) was around 25.23 million vehicles in 2020.
Similarly, the production of all types of vehicles in India was around 3.39 million vehicles in 2020. In the aviation sector, APAC accounted for around one-third of the aircraft fleet size worldwide in 2019. The growth in air traffic in the region was due to regional economic development, increasing foreign investments, the adoption of technologically advanced aircraft, and the successful evolution of new business models. Also, factors such as growing investments in improving the healthcare infrastructure, the rising incidence of various chronic and lifestyle diseases, and growing healthcare spending are driving healthcare-related industrial activities in the region.
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
3M Co. - The company offers industrial cleaning chemicals such as 3M Heavy Duty Degreaser Concentrate, 3M Defoamer, and Scotchgard Pretreatment Cleaner Concentrate 28.
The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The industrial cleaning chemicals market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028.
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Industrial Cleaning Chemicals Market Scope |
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Report Coverage |
Details |
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Page number |
200 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.98% |
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Market Growth 2024-2028 |
USD 13.01 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.51 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 42% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Albemarle Corp., BASF SE, Clariant International Ltd., Croda International Plc, Dow Chemical Co., Eastman Chemical Co., Ecolab Inc., Elixir Home Care Pvt. Ltd., Evonik Industries AG, Global Industrial Co., Henkel AG and Co. KGaA, Huntsman International LLC, Mapei SpA, Nouryon Chemicals Holding BV, Solenis, Solvay SA, Spartan Chemical Co., Stepan Co., and Unilever PLC |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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