The industrial cleaning chemicals market is projected to grow from USD 47.1 billion in 2023 to USD 59.5 billion by 2028, at a CAGR of 4.8% during the forecast period. The market growth is primarily driven by factors such as increased concern over healthier environment and workplace hygiene initiatives. Increasing demand from application post COVID-19 pandemic benefits the industrial cleaning chemical suppliers and fuels the global industrial cleaning chemicals market.

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The industrial cleaning chemicals market is evolving, with major players playing a vital role in developing new and advanced products. BASF SE (Germany), Dow Inc. (US), Clariant AG (Switzerland), Evonik Industries AG (Germany), Solvay SA (Belgium), Diversey Holdings Ltd. (US), Stepan Company (US), Ecolab Inc. (US), Pilot Chemical Corp. (US), and DuPont de Nemours, Inc. (US) are key players in the industrial cleaning chemicals market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the industrial cleaning chemicals market.

BASF SE

BASF SE is one of the leading chemical companies in the world. The company’s portfolio includes chemicals, plastics, functional solutions, performance products, agricultural solutions, crude oil, and natural gas. BASF SE operates as a chemical company globally through six business segments: chemicals, materials, industrial solutions, surface technologies, nutrition care, and agricultural solutions. The company provides industrial cleaning chemicals through the care chemicals sub-segment coming under the nutrition care segment. BASF SE operates in more than 80 countries across Europe, North America, Asia Pacific, Latin America, and the Middle East Africa. It has 13 operating divisions with 84 strategic business units. The company operates globally through its subsidiaries, with more than 338 production sites worldwide.

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Dow Inc.

Dow Inc. is one of the largest chemical manufacturers in the world. It has a widely diversified business portfolio. It serves a number of end-use industries including construction, healthcare medical, packaging, oil gas, transportation, pharmaceutical, processed foods, pulp paper, textile carpet, utilities, and renewable energy, among others. The company manages its brand portfolio through its four segments: packaging specialty plastics, industrial intermediates infrastructure, performance materials coatings and corporate. It offers industrial cleaning chemicals through the sub-segment industrial solutions that comes under industrial intermediates infrastructure.

Clariant AG

Clariant AG is involved in the development, production, distribution, and sales of specialty chemicals. The company operates in three business segments care chemicals, catalysis, and natural resources. The company offers industrial cleaning chemicals through the care chemicals business segment. Through the care chemicals segment, the company provides innovative chemistry, technology, and service solutions to the agriculture, personal care, homecare, and industrial cleaning industries. The company offers industrial cleaning chemicals for applications such as dishwashing, hard-surface cleaning, and laundry. It is highly active in the cleaning chemicals market; it has recently launched a new bio-based laundry detergent for industrial applications.

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Surfactants segment is estimated to account for the largest share in 2022

By ingredient type, the industrial cleaning chemicals market has been segmented into surfactants, solvents, chelating agents, pH regulators, solubilizers/hydrotropes, enzymes, and others. The surfactants segment has the largest share in the industrial cleaning chemicals market because of the demand for dirt-free, germ-free, and hygienic working space and the awareness about cleanliness in the environment. The increasing concern about the healthier environment is also driving the market for the surfactants segment in the market.

General medical device cleaning segment is projected to be the fastest-growing market in the industrial cleaning chemicals market

By product type, the industrial cleaning chemicals market has been segmented into oven grill cleaners, metal cleaners, dish washing, general medical device cleaning, food cleaners, dairy cleaners, disinfectants, and commercial laundry. The general medical device cleaning segment is projected to grow fastest in the industrial cleaning chemicals market due to the growing use of cleaning chemicals for hard surface care, floor care, carpet care, and cleaning of medical devices. The demand for cleaning in industrial and institutional sectors for the segment is expected to drive the industrial cleaning chemicals market.