Italy Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Italy industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Italy industrial and institutional cleaning chemicals market highlights
- The Italy industrial and institutional cleaning chemicals market generated a revenue of USD 2,868.9 million in 2023 and is expected to reach USD 4,990.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.2% 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 2,868.9 million |
| Market revenue in 2030 | USD 4,990.8 million |
| Growth rate | 8.2% (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, Italy accounted for 3.8% 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 Europe, Germany industrial and institutional cleaning chemicals market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6,171.8 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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Italy 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 28.49% in 2023. Horizon Databook has segmented the Italy 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.
Italy’s manufacturing sector is largely driven by increased automation and revolution in sustainable manufacturing, wherein the country’s overall manufacturing output in 2018 stood at 12% of Europe, second to Germany.
Machinery production output in Italy is among the fastest growing since 2014, highly driven by increased demand for automated machines. Rise in manufacturing and overall industrial revolution across the country marks significant potential for cleaning chemical manufacturers and is likely to generate high opportunity over the foreseeable future.
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Target buyers of Italy 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Italy industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy industrial and institutional cleaning chemicals market size, by raw material, 2018-2030 (US$M)
Italy Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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