Latin America Industrial And Institutional Cleaning Chemicals Market Size & Outlook
Latin America industrial and institutional cleaning chemicals market, 2018-2030 (US$M)
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Latin America industrial and institutional cleaning chemicals market highlights
- The Latin America industrial and institutional cleaning chemicals market generated a revenue of USD 3,980.1 million in 2023.
- The market is expected to grow at a CAGR of 6.9% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,980.1 million |
| Market revenue in 2030 | USD 6,337.7 million |
| Growth rate | 6.9% (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, Latin America region accounted for 5.3% 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 |
|---|
Latin America 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 29.09% in 2023. Horizon Databook has segmented the Latin America 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 cleaning chemicals market for Central & South America is largely driven by increasing number of manufacturing companies and business centers across countries such as Argentina and Brazil among others.
These country exhibit availability of land for manufacturing facility development, availability of cheap & skilled labor, ease access to raw materials and a substantial native market for various finished products. These factors are poised to remain key essence of the cleaning chemicals producers to serve the regional market over the forecast period.
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Target buyers of Latin America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America industrial and institutional cleaning chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America industrial and institutional cleaning chemicals market size, by country, 2018-2030 (US$M)
Latin America Industrial And Institutional Cleaning Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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