COVID-19 Recovery Analysis: Industrial Cleaning Chemicals Market | Increasing Healthcare Spending to Boost the Market Growth

Technavio has been monitoring the industrial cleaning chemicals market and it is poised to grow

Technavio has been monitoring the industrial cleaning chemicals market and it is poised to grow by $ 10.96 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Industrial Cleaning Chemicals Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., BASF SE, Clariant International Ltd., Croda International Plc, Diversey Inc., Evonik Industries AG, Solvay SA, Stepan Co., The Dow Chemical Co., and The Procter & Gamble Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing healthcare spending has been instrumental in driving the growth of the market. However, stringent regulations on cleaning chemicals might hamper market growth.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Industrial Cleaning Chemicals Market 2020-2024: Segmentation

Industrial Cleaning Chemicals Market is segmented as below:

  • End-user

  • Geography

    • APAC

    • North America

    • Europe

    • South America

    • MEA

Industrial Cleaning Chemicals Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The industrial cleaning chemicals market report covers the following areas:

  • Industrial Cleaning Chemicals Market Size

  • Industrial Cleaning Chemicals Market Trends

  • Industrial Cleaning Chemicals Market Industry Analysis

This study identifies rising awareness about workplace hygiene as one of the prime reasons driving the industrial cleaning chemicals market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Industrial Cleaning Chemicals Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist industrial cleaning chemicals market growth during the next five years

  • Estimation of the industrial cleaning chemicals market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the industrial cleaning chemicals market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of industrial cleaning chemicals market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

  • Market segments

  • Comparison by End-user

  • Manufacturing and commercial offices – Market size and forecast 2019-2024

  • Healthcare – Market size and forecast 2019-2024

  • Retail and foodservice – Market size and forecast 2019-2024

  • Hospitality – Market size and forecast 2019-2024

  • Others – Market size and forecast 2019-2024

  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Volume driver – Demand led growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200930005483/en/

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