Industrial & Institutional Cleaning Chemicals Market to Garner Resilience against the Next-possible Pandemic

Future Market Insights, Inc. - Seite 2

Key Takeaways from Market Study

• The overall growth of the global industrial & institutional cleaning chemicals market is estimated to be absolutely US$ 73 Billion over the next ten years by following the average CAGR of 7.3%.
• A little under 33% of the market for industrial & institutional cleaning chemicals comes from the general purpose cleaning category.
• Globally North America is the dominant region for the industrial & institutional cleaning chemicals market by the presence of prominent market players
• Asia Pacific promises a lucrative growth for the industrial & institutional cleaning chemicals market share during the forecast years of 2022 to 2032.

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Competitive Landscape

The industrial and institutional cleaning chemicals market participants extensively engage in R&D to improve their product offerings with brand presence and obtain an advantage over rivals by patenting market inventions, which has led to intense rivalry in this industry. Due to the existence of significant international industrial and institutional cleaning chemicals market players like BASF SE, Procter & Gamble, and Reckitt-Benckiser, the market is highly consolidated.

In order to expand their consumer base internationally and get access to new markets, the industrial and institutional cleaning chemicals manufacturing companies are also constantly involved in alliances and collaboration with local players.

Leading Companies Profiled in Industrial and Institutional Cleaning Chemicals Market are

• Procter & Gamble
• BASF SE
• Clariant
• The Clorox Company, Inc.
• Henkel AG & Co. KGaA
• 3M
• Kimberly-Clark Corporation
• Reckitt Benckiser Group plc
• Croda International PLC
• Albemarle Corporation
• Eastman Chemical Corporation
• Huntsman International LLC
• STEPAN Company
• Westlake Chemicals Corporation
• SOLVAY
• Dow
• Sasol

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