Asia Pacific Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Asia Pacific industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Asia Pacific industrial and institutional cleaning chemicals market highlights
- The Asia Pacific industrial and institutional cleaning chemicals market generated a revenue of USD 20,446.9 million in 2023.
- The market is expected to grow at a CAGR of 8.6% 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.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 20,446.9 million |
| Market revenue in 2030 | USD 36,515.3 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Surfactants |
| Fastest growing segment | Solvents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 27.3% of the global industrial and institutional cleaning chemicals market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,515.3 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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Asia Pacific 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 29.88% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific is the largest market for industrial & institutional chemicals with countries such as China, India, and Japan as the key pillars of manufacturing, with China as the global manufacturing leader.
The region is home to a multitude of product manufacturers revolving around food processing, metal fabrication, electronics production, healthcare equipment manufacturing, laundry care product formulation and more.
Rapidly growing number of new business establishments across the region is projected to reflect heavy growth opportunities for chemical manufacturers in the region to serve the regional marketspace.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific industrial and institutional cleaning chemicals market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific industrial and institutional cleaning chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific industrial and institutional cleaning chemicals market size, by country, 2018-2030 (US$M)
Asia Pacific Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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