Latest News- Industrial Cleaning Chemicals Market: Healthcare is expected to lead the End-user segment during 2024-2028

The Industrial Cleaning Chemicals Market is being driven by Increase in healthcare expenditure

The Industrial Cleaning Chemicals Market is expected to grow at a CAGR of 4.98% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 13.01 billion. In the industrial cleaning sector, the integration of robots is becoming increasingly prevalent. These robots serve two primary functions: replacing human labor in routine cleaning tasks and augmenting human efforts in hazardous or challenging cleaning environments. Robots exhibit remarkable resilience to adverse conditions and are capable of handling extensive surface cleaning and exposure to toxic chemicals. Their adoption offers significant benefits to businesses, including minimal human intervention, enhanced precision, and the ability to operate in hazardous areas where human presence is prohibited. Furthermore, advanced robotic systems can identify floor types and the specific type of dirt, optimizing cleaning processes and improving overall efficiency. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Healthcare
  • Manufacturing and commercial offices
  • Retail and foodservice
  • Hospitality
  • Others
• Type
  • Surfactants
  • Solvents
  • Chelating agents
  • PH regulators
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
  • North America
    • US
  • Europe
    • Germany
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increase in healthcare expenditure
• Growth of industrial sector
• Rising awareness regarding workplace hygiene

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations on cleaning chemicals
• Potential risks to health and safety of cleaning personnel
• Growing adoption of chemical-free cleaning

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Market Scope in Industrial Cleaning Chemicals Market Research Report

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Research Analysis Overview

The Industrial Cleaning Chemicals Market encompasses a range of eco-friendly and chemical-free cleaning solutions, including heavy-duty degreasers, floor cleaning chemicals, rust removal agents, industrial disinfectants, and solvent-based cleaners. Additionally, this market offers green cleaning chemicals, enzyme-based cleaners, pH-regulated cleaners, industrial surfactants, and hygiene standards. Sustainable cleaning solutions, such as sanitizing chemicals, oil spill cleaners, medical cleaning solutions, and food processing cleaning, are also part of this market. Furthermore, it includes innovations in cleaning products, industrial hygiene chemicals, laundry chemicals, antimicrobial cleaning agents, water treatment chemicals, and industrial cleaning equipment.

Market Research Overview

The industrial cleaning chemicals market is a significant segment of the global specialty chemicals industry, encompassing products and businesses specializing in high-value-add chemicals for industrial cleaning applications. This sector falls under the broader umbrella of the global specialty chemicals market, which includes manufacturers of fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the global specialty chemicals market size is determined by the consolidated revenue of these high-value-added chemical manufacturers. Key growth drivers for this market include the increasing demand for specialty adhesives and sealants, which are essential in various industries such as food processing, where stringent hygiene regulations necessitate the use of advanced cleaning and disinfecting solutions. The industrial cleaning chemicals market, therefore, plays a pivotal role in the overall growth of the specialty chemicals industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/