Published by Coherent Market Insights
Posted on September 24, 2021
Industrial & institutional cleaning products are cleaning chemicals that are widely used for routine cleaning across various industries such as warehouses, research & development laboratories, pharmaceutical, residential areas, institutes, offices and other industries. They can be classified into building care chemicals, kitchen care chemicals, laundry care chemicals, and hand hygiene chemicals.
The global Industrial & institutional cleaning products market accounted for US$ 45,957 Mn in terms of value and 17,478 Kilo Tons in terms of volume by the end of 2019.
Rising prevalence of Healthcare-Associated Infections (HAI) as the devices used in the medical procedure are highly prone to serious Infection if not sterile properly is fueling market growth. This is attributed to the increasing visit of patients in the hospital due to a rise in serious illness. According to the study conducted by the European Centre for Disease Prevention and Control (ECDC), around 4,100,000 patients acquire a healthcare-associated infection in the European Union every year.
Top Key Players in Industrial and Institutional Cleaning Chemicals market: BASF SE, AkzoNobel N.V., Henkel AG & Co.KGaA, Solvay SA, Huntsman Corporation, Eastman Chemical Company, Lonza Group Limited, Procter & Gamble Co., Croda International Plc., The Dow Chemical Company, Betco Corporation, Sealed Air Corporation, Ecolab Inc. among others.
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Industrial and Institutional Cleaning Chemicals market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising prevalence of Healthcare-Associated Infections (HAI) because the devices utilized in the procedure are highly susceptible to serious Infection if not sterile properly is fueling market growth. this is often attributed to the increasing visit of patients within the hospital thanks to an increase in serious illness. consistent with the study conducted by the ecu Centre for Disease Prevention and Control (ECDC), around 4,100,000 patients acquire a healthcare-associated infection within the European Union per annum .
Growing demand for aesthetics and fragrance cleaning products across various end-user industries is projected to foster the market growth of the industrial & institutional cleaning chemicals. Manufacture are developing polymers and chemicals that can add fragrances to the cleaning products is expected to open new avenues to the market of industrial & institutional cleaning chemicals in the near future.
The low entry barrier of new players in the industrial & institutional cleaning chemicals market is expected to bring new growth opportunities over the forecast period. This only requires very low capital investment and the production process requires basic training which reduces the overall manufacturing process. These factors are expected to create new opportunities for new entrants.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Industrial and Institutional Cleaning Chemicals market Analysis by Type, Application, Growth, Demand, Status and Forecast Report appeared first on Gatorledger.
Industrial & institutional cleaning products are cleaning chemicals that are widely used for routine cleaning across various industries such as warehouses, research & development laboratories, pharmaceutical, residential areas, institutes, offices and other industries. They can be classified into building care chemicals, kitchen care chemicals, laundry care chemicals, and hand hygiene chemicals.
The global Industrial & institutional cleaning products market accounted for US$ 45,957 Mn in terms of value and 17,478 Kilo Tons in terms of volume by the end of 2019.
Rising prevalence of Healthcare-Associated Infections (HAI) as the devices used in the medical procedure are highly prone to serious Infection if not sterile properly is fueling market growth. This is attributed to the increasing visit of patients in the hospital due to a rise in serious illness. According to the study conducted by the European Centre for Disease Prevention and Control (ECDC), around 4,100,000 patients acquire a healthcare-associated infection in the European Union every year.
Top Key Players in Industrial and Institutional Cleaning Chemicals market: BASF SE, AkzoNobel N.V., Henkel AG & Co.KGaA, Solvay SA, Huntsman Corporation, Eastman Chemical Company, Lonza Group Limited, Procter & Gamble Co., Croda International Plc., The Dow Chemical Company, Betco Corporation, Sealed Air Corporation, Ecolab Inc. among others.
Regional Analysis:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Industrial and Institutional Cleaning Chemicals market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Rising prevalence of Healthcare-Associated Infections (HAI) because the devices utilized in the procedure are highly susceptible to serious Infection if not sterile properly is fueling market growth. this is often attributed to the increasing visit of patients within the hospital thanks to an increase in serious illness. consistent with the study conducted by the ecu Centre for Disease Prevention and Control (ECDC), around 4,100,000 patients acquire a healthcare-associated infection within the European Union per annum .
Growing demand for aesthetics and fragrance cleaning products across various end-user industries is projected to foster the market growth of the industrial & institutional cleaning chemicals. Manufacture are developing polymers and chemicals that can add fragrances to the cleaning products is expected to open new avenues to the market of industrial & institutional cleaning chemicals in the near future.
The low entry barrier of new players in the industrial & institutional cleaning chemicals market is expected to bring new growth opportunities over the forecast period. This only requires very low capital investment and the production process requires basic training which reduces the overall manufacturing process. These factors are expected to create new opportunities for new entrants.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Industrial and Institutional Cleaning Chemicals market Analysis by Type, Application, Growth, Demand, Status and Forecast Report appeared first on Gatorledger.
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