Market revenue in 2023 | USD 2,022.9 million |
Market revenue in 2030 | USD 3,335.7 million |
Growth rate | 7.4% (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 29.87% in 2023. Horizon Databook has segmented the UK 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.
United Kingdom is currently considered a major manufacturing hub and is recognized among the top ten manufacturing nations worldwide, as cited by Office for National Statistics (ONS). Shift in trend from low to higher productivity goods, advancement in technology & automation, increasing company spending on research & development, and availability of skilled workforce in the country has marked significant development in the country’s manufacturing ecosystem.
Growth in various product development and rising number of facilities for manufacturing have led to high demand for cleaning chemicals across UK for maintenance and workplace hygiene purposes. This trend is likely to further strengthen the demand for these industrial and institutional cleaning chemicals over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UK industrial and institutional cleaning chemicals market , including forecasts for subscribers. This country databook contains high-level insights into UK industrial and institutional cleaning chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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