Europe Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Europe industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Europe industrial and institutional cleaning chemicals market highlights
- The Europe industrial and institutional cleaning chemicals market generated a revenue of USD 16,885.7 million in 2023.
- The market is expected to grow at a CAGR of 8% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 16,885.7 million |
| Market revenue in 2030 | USD 28,985.9 million |
| Growth rate | 8% (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, Europe region accounted for 22.6% 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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Europe 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 29.52% in 2023. Horizon Databook has segmented the Europe 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.
Europe is run by major industrial economies such as Germany, France, Italy, Spain, and more with increasing number of manufacturers and various market suppliers penetrating into the regional ecosystem.
Advanced machinery and rapid industrialization in the region has put forth to reflecting high growth potential for various chemical manufacturers to tap the market. Industrial cleaning chemicals demand is anticipated to parallelly with growing number of commercial spaces, public infrastructure development, various institutions and more.
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Target buyers of Europe 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 Europe industrial and institutional cleaning chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe industrial and institutional cleaning chemicals market size, by country, 2018-2030 (US$M)
Europe Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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