Industrial Cleaning Market Size, Share, Trends, Analysis and Forecasts To 2021
Market Research analysts forecast the global industrial cleaning market to grow at a CAGR of 4.67 % during the period 2017-2021.
According to the report, formulators of liquid detergents are demanding multifunctional ingredients from vendors in the market. The use of such ingredients reduces input costs for formulators by 10 %-15 %. Vendors in the market are collaborating closely with formulators to introduce products with multifunctionality. For instance, Evonik Industries works closely with detergent formulators to provide chemical ingredients that offer two or more functionalities such as wetting properties and shine.
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Further, the report states that the consumption of phosphate-based builders is witnessing a rapid decline across the world as they contribute to eutrophication of water bodies. This is particularly true in the case of sodium tripolyphosphate, which has been widely used as a builder since over four decades. The consumption of this chemical ingredient has declined drastically in North America and Europe, although a few countries in Eastern Europe still consume sodium tripolyphosphate for liquid detergent formulations.
About Industrial Cleaning
Industrial cleaning is employed in various commercial spaces such as offices, hospitals, hotels, restaurants, and construction sites. The global industrial cleaning market is driven by the increasing demand from the janitorial segment and the growing awareness among end-user segments about the importance of hygienic and clean surroundings. The use of hazardous chemicals, which cause health or physicochemical issues and threats pose a challenge to the market. The key trend in this market is the shift toward green and sustainable cleaning. Fragrance will be a key attribute to the industrial cleaning market.
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial cleaning market for 2017-2021. To calculate the market size, the report considers the revenue generated from the industrial cleaning services.