The industrial cleaning chemicals industry is a sector that produces and supplies a wide range of cleaning chemicals and related products to various industries. These industries include manufacturing, #healthcare, #foodandbeverage processing, hospitality, and transportation. The purpose of industrial cleaning chemicals is to maintain cleanliness, #hygiene, and #safety in various industrial settings.

The industrial cleaning chemicals market is projected to grow from USD 53.5 billion in 2023 to USD 67.0 billion by 2028, at a CAGR of 4.6% during the forecast period. The industrial cleaning chemicals market growth is primarily driven by factors such as increased concern over healthier environment and workplace hygiene initiatives.

The scope of the industrial cleaning chemicals industry in 2023-24 is expected to continue growing due to the increasing demand for cleaning products in various industries. With the ongoing COVID-19 pandemic, there has been a heightened emphasis on cleanliness and hygiene in all settings, including industrial ones. This has led to an increased demand for cleaning products and solutions that can effectively eliminate harmful pathogens.

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Industrial Cleaning Chemicals Market Key Players

Major players operating in the industrial cleaning chemicals market are BASF SE (Germany), Dow Inc. (US), Clariant AG (Switzerland), Evonik Industries AG (Germany), Solvay SA (Belgium), Diversey Holdings Ltd. (US), Stepan Company (US), Ecolab Inc. (US), Pilot Chemical Corp. (US), and DuPont de Nemours, Inc. (US), among others.

BASF SE

BASF SE is one of the leading chemical companies in the world. The company’s portfolio includes chemicals, plastics, functional solutions, performance products, agricultural solutions, crude oil, and natural gas. BASF SE operates as a chemical company globally through six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. The company provides industrial cleaning chemicals through the care chemicals sub-segment coming under the nutrition & care segment. BASF SE operates in more than 80 countries across Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. It has 13 operating divisions with 84 strategic business units. The company operates globally through its subsidiaries, with more than 338 production sites worldwide. In November 2022, BASF SE has announced its collaboration with Inditex to develop the first detergent designed to reduce microfiber release from textiles during washing.

Dow Inc.

Dow Inc. is one of the largest chemical manufacturers in the world. It has a widely diversified business portfolio. It serves a number of end-use industries including construction, healthcare & medical, packaging, oil & gas, transportation, pharmaceutical, processed foods, pulp & paper, textile & carpet, utilities, and renewable energy, among others. The company manages its brand portfolio through its four segments: packaging & specialty plastics, industrial intermediates & infrastructure, performance materials & coatings and corporate. It offers industrial cleaning chemicals through the sub-segment industrial solutions that comes under industrial intermediates & infrastructure. The company operates in 31 countries with more than 106 manufacturing facilities. In January 2022, Dow Inc. signed an exclusive agreement with Locus Performance Ingredients to expand biosurfactant offerings in the global home care and personal care markets.

Clariant AG

Clariant AG is involved in the development, production, distribution, and sales of specialty chemicals. The company operates in three business segments—care chemicals, catalysis, and natural resources. The company offers industrial cleaning chemicals through the care chemicals business segment. Through the care chemicals segment, the company provides innovative chemistry, technology, and service solutions to the agriculture, personal care, homecare, and industrial cleaning industries. The company offers industrial cleaning chemicals for applications such as dishwashing, hard-surface cleaning, and laundry. It is highly active in the cleaning chemicals market; it has recently launched a new bio-based laundry detergent for industrial applications. In December 2022, Clariant AG announced new investments to enhance Chinese ethoxylation plant. An investment of USD 87.5 million is made for increasing capacity for existing products as well as the introduction of new products by the end of 2024.

"Surfactants segment is expected to account for the largest share"

The industrial cleaning chemicals market includes a variety of products used to clean and maintain various types of industrial facilities, equipment, and machinery. Surfactants are a crucial component of many industrial cleaning chemicals, as they help to reduce surface tension and enhance the cleaning properties of these products.

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Surfactants are expected to account for the largest share in the industrial cleaning chemicals market due to their versatility and effectiveness in a wide range of applications. They are used in a variety of industrial cleaning products, including degreasers, detergents, and solvents, and are often used in combination with other cleaning agents to enhance their cleaning power.

In addition to their cleaning properties, surfactants are also used in industrial cleaning products for their ability to disperse and emulsify oils, dirt, and other contaminants, making them easier to remove. They are also effective at reducing foaming, which can be important in certain industrial cleaning applications."

"North America is expected to account for the largest share in 2022"

North America is one of the major regions in the industrial cleaning chemicals market and is expected to account for a significant share of the global market. The region has a well-established industrial sector, including manufacturing, healthcare, and food and beverage processing, which creates a high demand for industrial cleaning chemicals.