Industrial Cleaning Agents Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

 According to the report published by Facts & Factors, the global Industrial Cleaning Agents Market size was worth around USD 20 billion in 2019 and is predicted to grow around USD 25 billion by 2026 with a compound annual growth rate (CAGR) of roughly 3% between 2020 and 2026. The report analyzes the global Industrial Cleaning Agents Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Industrial Cleaning Agents Market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the industrial cleaning agents industry. The report analyzes and declares the historical and current trends analysis of the industrial cleaning agents industry and subsequently recommends the projected trends anticipated to be observed in the industrial cleaning agents market during the upcoming years.

The industrial cleaning agents market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire industrial cleaning agents market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Billion) from FY 2016 – 2026.

Key Insights from Primary Research

• According to the CXO’s operating in the global industrial cleaning agents market, the market was valued at USD 20 billion and is expected to be valued over USD 25 billion.
• The industrial cleaning agents market is predicted to witness a significant growth of over3% during the years 2020-2026 due to the rising awareness about hygiene.
• By type analysis, In 2019, the general-purpose cleaner segment-headed the market with nearly USD 9 billion owing to the increasing use of cleaner in the industry to clean greasy, dirty machinery, etc.
• By application analysis, the global industrial cleaning agents market was led by food & beverages. It accounted for more than a 30% share of the market in 2019.
• By geography, North America region dominated the global market in 2019. North America constituted more than 30% market share of the global industrial cleaning agent market, owing to the rising industrialization in this region.

Key Recommendations from Analysts

• Our analysts recommend that the Asia-Pacific is projected to grow in the future years owing to increasing focus on health hygiene and increasing demand for industrial cleaning in healthcare in these regions.
• Europe region for industrial cleaning agents is expected to be one of the fastest-growing regions due to the growth in the infrastructure sector and growth in the hospitality sector.
• Due to rising investment in the healthcare industry, and growing investment by various Pharmaceuticals companies, the Pharmaceuticals category is expected to grow over the forecast period.
• By type, the textile detergents category is expected to grow during the forthcoming years attributed to increasing demand in the textile industry.
• Due to the rising awareness among consumers about hygiene, robust industrialization and increasing expenditure for hygiene and demand for eco-friendly productsexpected to bring lucrative opportunities in the market.

Market Attractiveness By Type Analysis

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Industrial Cleaning Agents industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the industrial cleaning agents industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the industrial cleaning agents market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the industrial cleaning agents industry. The industrial cleaning agents market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the industrial cleaning agents sector. Key strategic developments in the industrial cleaning agents market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the industrial cleaning agents market are appropriately highlighted in the report.

The substances that are used to clean dirt are referred to as a cleaning agent. It is used to clean dust, clutter on the surface, stain in order to kill the bacteria, remove dirt. Generally, cleaning agents are acidic, alkaline, natural, degreaser, sourcing agents, etc. They are used in various industries such as automotive and aerospace industry, hospitality, healthcare industry, retail, and foodservice industry, etc. Various raw materials including chelating agents, solvents, and surfactants are used in various cleaning applications.

Report Scope

The rising awareness regarding cleanliness at workplace and hygiene and increasing expenditure on healthcare services are the factors driving the industrial cleaning agent industry. Rise in the tourism industry, hospitality industry, manufacturing industry drives the market for industrial cleaning agents. Environmental cleaning is an important concept for avoiding diseases associated with healthcare. Additionally, companies' strategies such as collaboration, merger, new product launches are the factors driving the global market. However, a large number of chemicals are used by industrial cleaning agents that can harm the environment. Strict government and environmental regulations about the effect of these chemicals may hinder market growth. On the other hand, many companies are tending to manufacture eco-friendly bio-based products due to strict environmental regulations. Bio-based products are made from agricultural products containing soybeans extract, corn, and even coconuts. The use of bio-based products and increasing industrialization may bring lucrative opportunities in the industrial cleaning agent market.

The industrial cleaning agents market research report delivers an acute valuation and taxonomy of the Industrial Cleaning Agents industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the industrial cleaning agents industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the industrial cleaning agents industry is provided for the leading economies of the world.

The industrial cleaning agents market is segmented based on type and application.  On the basis of type segmentation, the market is classified into a general-purpose cleaner, metal cleaner, textile detergent. In terms of application segmentation, the market is bifurcated into food & beverage, pharmaceuticals, automotive, and others.

Competitive Players

Some of the essential players operating in the industrial cleaning agents market, but not restricted to include :

• Church & Dwight Co. Inc.
•  Kimberly-Clark Corporation
•  KGaA
•  Reckitt Benckiser Group (RB)
•  Sealed Air Corporation (Diversey Care)
•  Ecolab
•  Prayon
•  3M Company
•  The Clorox Company
•  Procter & Gamble (P&G)
•  Henkel AG & Co. Unilever
•  Zep Inc.
•  Guardian Chemicals
•  PQ Corporation (Carlyle Group)
•  Spartan Chemical Company Inc.
•  Betco Corporation

The taxonomy of the industrial cleaning agents industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• General-purpose Cleaner
• Metal Cleaner
• Textile Detergents

By Application Segmentation Analysis

• Food & Beverage
• Pharmaceuticals
• Automotive
• Others

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa