Market revenue in 2023 | USD 3,471.7 million |
Market revenue in 2030 | USD 6,171.8 million |
Growth rate | 8.6% (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 |
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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 28.28% in 2023. Horizon Databook has segmented the Germany 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.
Germany is one of the most prominent markets across Europe in terms of industrial sector contribution to GDP development and surge in manufacturing practices across the country. High consumer demand for processed food & beverage products, household consumer goods, cosmetics, electronic goods and more is observed to be driving the manufacturing sector in the country.
Further, with surge in number of food service chains in the country, the demand for cleaning chemicals for commercial spaces has also reflected high growth. This in turn is likely to drive market for cleaning chemicals across Germany over the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Germany industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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