Product Overview

Industrial cleaning agents refer to the chemicals used for the periodic cleaning of industrial facilities. Industrial cleaning agents help to maintain industrial floors non-slippery and provide safety to workers. Industrial cleaning agents increase the operating life of machinery and enhance their performance. These agents are also used to prevent rust formation on vessels and pipelines, equipment and machinery. Industrial cleaning agents can be used in the form of solvent, powder, or liquid. Solvents, chelating agents, and surfactants are some of the raw materials used in various cleaning applications. Industrial cleaning agents are utilized in numerous end-user industries including food processing, manufacturing & commercial offices, retail & foodservice, healthcare, hospitality, automotive & aerospace, and others.

Market Highlights

Global Industrial Cleaning Agents market is expected to project a notable CAGR of 5.12% in 2030.

Global Industrial Cleaning Agents market to surpass USD 75 billion by 2030 from USD 45.5 billion in 2020 at a CAGR of 5.12% in the coming years, i.e., 2021-30. Growth of various end-use industries such as automotive, manufacturing, and health care is anticipated to upsurge the demand for industrial cleaning agents. Additionally, mounting industrialization and raising awareness about health, safety, and hygiene have resulted in rising demand for industrial cleaning agents.

Recent Highlights in Global Industrial Cleaning Agents Market

In May 2019, Oil & Gas Innovation Centre (OGIC) assigned 100 projects. A total USD 6 million will be invested in the project and to help in enhancing the principles of the circular economy by prominently improving the amount. This will help in boosting the industrial cleaning market.

In March 2019, Haldor Topsoe launched Clearview products and also announces an alliance with Honeywell. This will assist in the expansion and benefit the connected services to a broader range of the chemical and refining industries. It will help in leveraging the power of the connected plant and expand its network and meets the growing demand of the industry.

Global Industrial Cleaning Agents Market: Segment

Metal Cleaner segment to grow with the highest CAGR during 2021-30

Global Industrial Cleaning Agents market is segmented by product Type into commercial laundry, dairy cleaners, dishwashing, disinfectants, food cleaners, general cleaners, metal cleaners, and oven & grill cleaners. Metal cleaners segment held the largest market share of XX.X% in the year 2020. Growing demand for metal cleaners in manufacturing, automotive and aerospace industries is a major factor propelling the growth of the industrial cleaning agent’s market.

Healthcare segment to grow with the highest CAGR during 2021-30

Global Industrial Cleaning Agents market is bifurcated by end-users into automotive & aerospace, food processing, healthcare, hospitality, manufacturing & commercial offices, and retail & foodservice and others. Healthcare segment held the largest market share of XX.X% in the year 2020 and will continue to dominate the market throughout the forecast period because of the rising health care expenditure. In the health care sector, cleaning plays an important role which may drives the high utilization of industrial cleaning agents.

Market Dynamics

Drivers

Increasing Healthcare Awareness and Hygiene

Rise in awareness regarding safety, health, and hygiene in the industrial environment is projected to drive the industrial cleaning agents’ market in the coming years. The rising threat of infectious diseases and infections caused by viruses, pathogens, and bacteria is likely to surge the demand for industrial cleaning agents.

Increasing Pace of Industrialization and Urbanization

With the growing industrialization and establishment of various manufacturing and industrial organizations, the demand for Industrial Cleaning agents is increasing. The demand for various products such as degreasers, rust cleaning agents, and surface cleaners is elevating in several industries such as manufacturing, automotive, and water treatment.

Restraint

Stringent Environmental Regulations

Stringent environmental regulations to lower the VOC content in cleaning agents may affect the consumption of industrial cleaning agents. This in turn is anticipated to hinder the market during the forecast period.

Global Industrial Cleaning Agents Market: Key Players

Diversey Inc.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

Evonik Industries AG

Spartan Chemical Company Inc.

Solvay SA

Ecolab

Sealed Air

The Dow Chemical Company.

Pilot Chemical Corp.

Stepan Company

Croda International Plc

BASF SE

Air Products and Chemicals Inc.

Other Prominent Players

Global Industrial Cleaning Agents Market: Regions

Global Industrial Cleaning Agents market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA. Global Industrial Cleaning Agents market in Asia Pacific held the largest market share of XX.X% in the year 2020. Asia Pacific will continue to dominate the global industrial cleaning agents’ market due to rapid industrialization and urbanization. Higher demand for industrial cleaning agents in hospitals coupled with rising healthcare awareness and hygiene is anticipated to boost the global industrial cleaning market.

Global Industrial Cleaning Agents market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Industrial Cleaning Agents market report also contains analysis on:

Industrial Cleaning Agents Market Segments:

By Ingredient Type

Degreasers

Disinfectants

Descalers

Chelating Agents

pH Regulators

Solubilizers / Hydrotrope and

others

By Product Type

Commercial Laundry

Dairy Cleaner

Dish Washing

Disinfectants

Food Cleaners

General Cleaners

Metal Cleaners

Oven & Grill Cleaners

Others

By End-User

Automotive & Aerospace

Food Processing

Healthcare

Manufacturing & Commercial Offices

Retail & Food Service

Others

Global Industrial Cleaning Agents market Dynamics

Global Industrial Cleaning Agents market size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Industrial Cleaning Agents Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Industrial Cleaning Agents Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Industrial Cleaning Agents Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Industrial Cleaning Agents Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Ingredient Type: Market Share (2019-2030F)

12.2.1. Degreasers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-20

12.2.2. Disinfectants, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Descalers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Chelating Agents, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-20

12.2.5. pH Regulators, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.6. Solubilizers/Hydrotrope, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.7. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Product type: Market Share (2019-2030F)

12.3.1. Commercial Laundry, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Dairy Cleaners, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Dish Washing, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Disinfectants, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Food Cleaners, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.6. General Cleaners, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.7. Metal Cleaners, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.8. Oven & Grill Cleaners, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.9. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End Users: Market Share (2019-2030F)

12.4.1. Automotive & Aerospace, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Food Processing, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. Healthcare, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.4. Hospitality, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.5. Manufacturing & Commercial Offices, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.6. Retail & Food Service, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.7. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. Diversey Inc.

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Evonik Industries AG

13.3. Spartan Chemical Company Inc.

13.4. Solvay SA

13.5. Ecolab

13.6. Sealed Air

13.7. The Dow Chemical Company.

13.8. Pilot Chemical Corp.

13.9. Stepan Company

13.10. Croda International Plc

13.11. BASF SE

13.12. Air Products and Chemicals Inc.

13.13. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)