About Industrial Detergents
Industrial detergents which contain surfactant, acids, bases, dyes and preservative are used to enhance cleaning efficiency of products in industrial application. These detergents reduce the surface tension of liquids and emulsify the lubrication properties of water based compositions.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States and German Manufacturers will contribute the maximum growth to Global Industrial Detergents market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Solvay (Belgium), BASF (Germany), Evonik Industries (Germany), Stepan (United States), Air Products and Chemicals (United States), Akzo Nobel (Netherlands), Clariant (Switzerland), Croda International (United Kingdom), Huntsman (United States) and Pilot Chemical (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Detergents market by Type (Powder Detergent and Liquid Detergent), Application (Manufacturing Industries, Healthcare Industries, Food and Beverage, Transportation Cleaning and others) and Region.
On the basis of geography, the market of Industrial Detergents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). China region held largest market share in the year 2023. United States, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Influencing Trend:
Increasing environmental concerns globally has resulted in increased demand for bio-based detergents and Application of Rhamnolipids for Cleaning Diesel Particulate Filter
Market Growth Drivers:
Increasing awareness regarding workplace hygiene, Surging Hygiene Awareness in Commercial Sectors, Soaring Demand from the Textile Industry and Increasing Demand from Oil and Gas Industries
Challenges:
With rising globalization, vendors of the market are facing new challenges to sustain their growth and compliant as per the laws and regulations directed by various government agencies.
Restraints:
Volatility in Crude Oil Prices, Increasing Environmental Regulations and Expense of Bio-Based Industrial Detergents
Opportunities:
Increasing industrialization and urbanization in emerging economies such as India, China and Others
Market Leaders and their expansionary development strategies
In December 2023, Paladin Holdings LLC, a key player within the Makai Capital Partners portfolio, has successfully completed the acquisition of Texize, Inc., a prominent chemical manufacturer based in Greenville, SC. Texize specializes in the production of industrial and commercial soaps, detergents, and various other cleaning products, solidifying its position as a regional leader in the sector.
In December 2023, Fast-Moving Consumer Goods (FMCG) major Godrej Consumers has introduced ‘Godrej Fab’, a liquid detergent, in the South Indian markets Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala.
Key Target Audience
Industrial Detergents Manufacturers, Raw Material Distributors/Suppliers, Industrial Detergents Suppliers, Wholesalers/Traders, Exporters/Importers, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.