India Industrial And Institutional Cleaning Chemicals Market Size & Outlook
India industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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India industrial and institutional cleaning chemicals market highlights
- The India industrial and institutional cleaning chemicals market generated a revenue of USD 1,934.3 million in 2023 and is expected to reach USD 3,582.1 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% 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 1,934.3 million |
| Market revenue in 2030 | USD 3,582.1 million |
| Growth rate | 9.2% (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, India accounted for 2.6% 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 Asia Pacific, China industrial and institutional cleaning chemicals market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,582.1 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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India 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 29.57% in 2023. Horizon Databook has segmented the India 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.
The governments of developing countries in Asia Pacific such as India are promoting foreign investments in order to establish the countries as manufacturing hubs for a majority of the chemicals worldwide. India is characterized by the presence of less stringent regulations pertaining to the use of surfactants.
Thus, key manufacturers of surfactants are identifying growth opportunities in the country owing to the easy availability of raw materials at a low cost. In addition, these players are adopting strategic initiatives such as mergers & acquisitions and agreements to significantly increase their investments in the country as it accounts for a high consumption of surfactants.
Furthermore, amid the COVID-19 pandemic, the demand for I&I cleaning chemicals in India has increased at a significant rate. India was reported to have the second highest COVID-19 positive cases by September 2020.
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Target buyers of India 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 country-level data and insights on the India industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into India industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India industrial and institutional cleaning chemicals market size, by raw material, 2018-2030 (US$M)
India Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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