Cleaning Chemicals Market in Healthcare Industry to Attain Global Revenue of $172.08 Billion By 2025
Hygiene standards are imperative to implement in the healthcare industry, and cleaning chemicals help hospital organization to maintain a healthy environment around without any hassle. IndustryARC's analyst says that the application of cleaning chemicals in healthcare industry garnered an impressive global revenue of $136 billion in 2018. Furthermore, the demand for cleaning chemicals in the healthcare sector is poised to grow at a compound annual growth rate (CAGR) of 4% over the forecast period of 2019 to 2025, owing to the innovative chemical solutions which are more effective in eradicating the widespread and contagious illnesses.
This has been well-documented in a market research report by the analyst that has an in-depth analysis of the market that is backed with facts, figures, and statistics depicting the dynamics of the application of cleaning chemicals in healthcare market. The report is
Cleaning Chemicals in Healthcare Market: By Type (Air Fresheners,
Sanitizers, Dishwashing, Others); By Application (Hospitals, Retail Outlets,
Household Appliances, Healthcare Facilities) By Form (Powder, Liquid, Sprays)
By Region - Forecast(2019- 2025).”
Cleaning Chemicals in Healthcare Market: Leading Segments
Analyst of the report has recognized that APAC offered maximum opportunities, and the regional market share was gauged to be 40% of the global cleaning chemicals in the healthcare market revenue. Rise in the urban population in developing Asian countries such as China, India, and Japan is augmenting the consumption of cleaning chemicals in healthcare facilities, household appliances, hospitals, and retail outlets. Increasing healthcare utilization in this region is expanding the demand of cleaning chemicals from the healthcare industry.
Cleaning chemicals are widely used in air fresheners, laundry care products, and dishwashing, floor care products, sanitizers & disinfectants, and cleaners. Hand Sanitizers is identified as the key application which will grow at a CAGR of 1.20% during the above-mentioned forecast period among other applications. This is attributed to the comfort it offers, because customers can have a sanitizing facility even when they don't have access to water. There is a palpable preference for hand sanitizers, because they can use these on-the-go. Centers for Disease Control and Prevention states that proper hand wash is the pivotal aspect of healthcare safety which employs real infection-control. Widespread of hand sanitizers everywhere including offices and restrooms in all sectors coupled with their effective germ-killing property is augmenting the application. Apple, vanilla, and citrus scents have become favorite among young children.
Cleaning Chemicals in Healthcare Market: Disruptive Trends
o Safety, ease of use, effectiveness, and speed associated with cleaning chemicals are gaining traction of manufacturers to create new formulations which cope up with excellent surface compatibility and efficiency.
o There is an increasing necessity of cleaning chemicals in healthcare, as they act as disinfectants and eliminate healthcare-associated infection (HAI) that reduces the risk of infection.
o Antibacterial washes are the paramount choice made by the consumers to prevent the spread of germs. Therefore, hand sanitizers are booming among other cleaning products.
o Growing necessity for hygiene floors in hospitals, companies, hotels, and resorts are improving the demand for housekeeping cleaning chemicals.
Cleaning Chemicals in Healthcare Market: Competitive Landscape
Some of the potential players which are operating in the global cleaning chemicals in the healthcare market with major market shares are 3M, BASF, DowDupont, Magnum Research Corp, Reckitt Benckiser, Huntsman, Ecolab, Fuller Industries, Caroll Company, AkzoNobel,Spartan Chemical, and Marketing Chemicals.
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What can you expect from the report?
The cleaning chemicals in healthcare market is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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