Brazil Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Brazil industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Brazil industrial and institutional cleaning chemicals market highlights
- The Brazil industrial and institutional cleaning chemicals market generated a revenue of USD 1,061.1 million in 2023 and is expected to reach USD 1,750.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% 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 1,061.1 million |
| Market revenue in 2030 | USD 1,750.6 million |
| Growth rate | 7.4% (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, Brazil accounted for 1.4% 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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Brazil 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 29.01% in 2023. Horizon Databook has segmented the Brazil 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.
Growing steel production in Brazil is likely to boost the demand for metal processing cleaning chemicals in the country. This allows the country to compete with China in terms of raw material pricing. The evolution of e-commerce, especially online platforms in the country are further accelerating the growth of the market.
The National Health Surveillance Agency (ANVISA) of Brazil formulates the necessary standards and regulations regarding the import, manufacture, and supply of surfactants for industrial as well as domestic applications.
Furthermore, growing importance of soybean production in the country along with key multinational corporations increasingly adopting oleo-based natural feedstock to standardize their formulations across the globe is anticipated to boost the demand for biobased surfactants.
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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 Brazil industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil industrial and institutional cleaning chemicals market size, by raw material, 2018-2030 (US$M)
Brazil Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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