CLEVELAND, Nov. 15, 2017 /PRNewswire/ -- Global demand for I&I cleaning chemicals used in disinfectants and sanitizers is forecast to rise 6% per year to $6.6 billion in 2021. In nearly every country, healthcare applications of I&I disinfectants and sanitizers will register above average growth, as healthcare facilities are intensive users. Advances will be spurred by a shift in the product mix toward higher value chemical components offering strong performance and an improved environmental profile. In China, Indonesia, and other developing national markets, increased use of hard surface sanitizers and similar products will drive global gains. These and other trends are presented in Global Industrial & Institutional Cleaning Chemicals, 4th Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.
More information about this study is here: https://www.freedoniagroup.com/industry-study/global-industrial-institutional-cleaning-chemicals-by-product-market-and-region-4th-edition-3575.htm
General purpose I&I cleaning chemical products will retain leading market share in 2021, accounting for 29% of global sales. Although annual growth for general purpose cleaners is forecast to be below market average, this segment will remain the largest product category for I&I cleaning chemicals by a considerable margin. Market maturity in the US, Western Europe, and Japan will dampen growth somewhat, but sizable gains are expected in the least developed markets, where formulated general purpose cleaners will see increases over homemade cleaners and basic chemicals.
Recovering foodservice revenues will drive nearly 4% annual growth in global demand for warewashing I&I cleaning chemicals through 2021. Following the sluggish growth of the 2011-2016 period, demand growth in I&I cleaning chemicals used in warewashing products – e.g., hand dishwashing and dishwasher detergents, rinse agents, and film removers – will fall in line with the overall average, as concerns about contaminated food abate and major players in the Asia/Pacific region adopt more Western-style dining habits. Rising standards of hygiene and sanitation in the developing economies of the Asia/Pacific and Africa/Mideast regions will bolster gains.
Related studies include:
- #3563 Global Water Disinfection Equipment Market (August 2017)
- #3537 Global Water Treatment Chemicals, 2nd Edition (June 2017)
- #3457 Biocides Market in the US, 12th Edition (December 2016)
About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Chemicals studies can be purchased at www.freedoniagroup.com, www.marketresearch.com and www.profound.com.
Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]
SOURCE The Freedonia Group
Related Links
http://www.freedoniagroup.com/
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article