Chemicals used during the routine cleaning of institutes, stores, R&D labs and industry and other such places are industrial and institutional cleaning. Infectious disease threats have made consumers aware of hygiene and have led to an overall rise in healthcare expenses. This leads to increased demand for industrial and institutional chemicals for cleaning. This is a key factor leading to the surge in demand for industrial and institutional cleaning chemicals in recent years.
In industrialized countries over 175,000 deaths are caused by hospital acquired infections (HAIs) every year. Over 60% of the global HAIs are due to various pathogens supplied by medical implants and devices. The prevalence of HAIs has also been increased by cross-infection between patients. One of the driving forces of these products is the awareness of contagious diseases. However, the harmful side effects of these chemicals restrict market growth. Biocides and surfactants constitute the majority of chemicals used in these products.
This report gives exhaustive analysis of the global industrial and institutional cleaning chemicals market, focusing on market opportunities and possible constraints, along with the latest trends driving the market.
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Global Industrial and Institutional Cleaning Chemicals Market: Trends and Opportunities
The leading segment in the industrial and institutional chemicals cleaning is expected to be general purpose cleansers. The products in this sector are mainly used in hospitals, hotels, offices, etc. as ware-washing machines and floor cleaners. One of the driving factors of these products is awareness of contagious diseases. The industrial and institutional cleansing chemicals market is being driven by increasing demands for cleaning chemicals in health facilities, increasing expenditure on healthy, nutritious foods as consumers ' disposables rises and the food and beverage sector in different regions in India booming.
Hospitals and other health institutions make huge efforts to prevent the occurrence of HAIs and other infectious diseases. HAIs that are highly caused by rapidly growing multidrug resistant strains can lead to both patients and staff being seriously ill. Numerous deaths and morbidity among patients were attributed to HAIs. In the healthcare industry, therefore, the use of clothing and disinfectants is now mandatory.
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Global Industrial and Institutional Cleaning Chemicals Market: Regional Outlook
North America was the largest industrial and institutional chemicals cleaning market. The U.S. was the biggest consumer share in the region. In March 2010, the US government took initiatives to rejuvenate the healthcare sector through the signing of the ACA law.
Due to the increasing knowledge of cleanliness and hygiene and the increasing demand from the applied industries, the Asia-Pacific market will be expected to grow. Increasing concentration on health hygiene and the increasing number of hospitals will likely drive demand for industrial and institutional cleaning chemicals market in the region. The increased demand for cleaning chemicals in this region will lead to the increasing number of hospitalizations combined with a growing infrastructure industry during the forecast period.
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Global Industrial and Institutional Cleaning Chemicals Market: Competitive Landscape
Key players are increasing adopting strategies such as expansion of their production plants in order to increase market share in the global industrial and institutional cleaning chemicals market.
Prominent vendors in the global industrial and institutional cleaning chemicals market include BASF SE, Clariant, Procter & Gamble, Reckitt Benckiser Group plc., KGaA,., Stepan Company, Henkel AG & Co., and 3M.
Market segmentation based on geography:
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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