By end-user, the manufacturing and commercial offices segment will have significant market share growth during the forecast period. There is high demand for industrial cleaning chemicals from the manufacturing industry. An increase in awareness regarding workplace hygiene and growth in commercial office spaces are some of the factors driving the demand for industrial cleaning chemicals.
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The industrial cleaning chemicals market is expected to grow by USD 11.77 billion from 2020 to 2025. The growth momentum of the market is expected to accelerate at a CAGR of 4.49%.
Industrial Cleaning Chemicals Market: Major Growth Drivers
Industrial cleaning chemicals ensure the hygiene and cleanliness requirements of healthcare facilities and the manufacturing units of healthcare equipment. The growth in healthcare spending will lead to a rise in the number of healthcare facilities and equipment manufacturing. Thus, the increase in healthcare spending will drive the growth of the industrial cleaning chemicals market.
Reasons to Buy Industrial Cleaning Chemicals Market Report:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive 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 across APAC, Europe, North America, South America, and MEA
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the industrial cleaning chemicals market vendors
Read more: Industrial Cleaning Chemicals Market to Grow by USD 11.77 billion