Argentina Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Argentina industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Argentina industrial and institutional cleaning chemicals market highlights
- The Argentina industrial and institutional cleaning chemicals market generated a revenue of USD 711.5 million in 2023 and is expected to reach USD 1,107.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, surfactants was the largest revenue generating raw material in 2023.
- Solvents is the most lucrative raw material segment registering the fastest growth during the forecast period.
Industrial and institutional cleaning chemicals market data book summary
| Market revenue in 2023 | USD 711.5 million |
| Market revenue in 2030 | USD 1,107.9 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Surfactants |
| Fastest growing segment | Solvents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chlor-Alkali, Surfactants, Solvents, Phosphate, Biocides |
| Key market players worldwide | Procter & Gamble Co, Basf SE, Clariant AG, The Clorox Company, Henkel AG & Co KGaA, 3M Co, Kimberly-Clark Corp, Reckitt Benckiser Group PLC, Croda International PLC, Albemarle Corp, Eastman Chemical Co, Huntsman Corp, Stepan Co, Westlake Corp, Solvay SA, Dow Inc, Sasol |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global industrial and institutional cleaning chemicals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil industrial and institutional cleaning chemicals market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,750.6 million by 2030.
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Industrial And Institutional Cleaning Chemicals Market Scope
Industrial And Institutional Cleaning Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina industrial and institutional cleaning chemicals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial and institutional cleaning chemicals market will help companies and investors design strategic landscapes.
Surfactants was the largest segment with a revenue share of 29.12% in 2023. Horizon Databook has segmented the Argentina industrial and institutional cleaning chemicals market based on chlor-alkali, surfactants, solvents, phosphate, biocides covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina regulates and controls the chemicals according to their use in food, cosmetic, household cleaning products, and pharmaceuticals. However, industrial chemicals are not regulated as they are prone to change under the proposed draft law (Directorate of Chemical Substances and Products) circulating among the trade bodies.
Also, the product demand is driven by industrial cleaning particularly in food processing, metallurgy, steel, and automotive sector. In view of sanitary crisis on account of Covid-19, the Argentine Ministry of Productive Development simplified the import clearance process for sanitary supplies. This is likely to bolster the product consumption and drive the industry growth over the forecast period.
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Our clientele includes a mix of industrial and institutional cleaning chemicals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Argentina industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina industrial and institutional cleaning chemicals market size, by raw material, 2018-2030 (US$M)
Argentina Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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