|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, December 20, 2023 ) The report "Industrial Cleaning Solvents Market by Application (General & Medical Device Cleaning, Metal Cleaners, Disinfectants, Food Cleaners), End-use Industry (Manufacturing and Commercial Offices, Healthcare,), & Region - Global Forecast to 2028", size was USD 1.1 billion in 2022 and is projected to reach USD 1.4 billion by 2028, at a CAGR of 4.3% from 2023 to 2028.
Browse in-depth TOC on "Industrial Cleaning Solvents Market”
273 - Market Data Tables
59 - Figures
290 - Pages
General & medical device Cleaning was the largest application of the industrial cleaning solvents market, in terms of value, in 2022
The consumption of solvents in cleaning including carpet, hard surfaces, and floors is high. This is mostly due to these solvents are safe and more effective for general cleaning. Moreover, some of the solvents shows the antimicrobial properties which makes solvents ideal for general & medical cleaning. Thus, the general & medical cleaning application segement has largest share in application.
Manufacturing and commercial offices is estimated to be the largest end-use industry segment of the industrial cleaning solvents, in terms of value, during the forecast period.
Manufacturing and commercial cleaning, healthcare retail & food service, hospitality, automotive & aerospace, food processing and others are various market segment based on the end-use industry. From them, during the forecast period, manufacturing and commercial cleaning is projected to hold the largest market share of industrial cleaning solvents. The manufacturing needs high cleaning and and commercial offices needs normal general cleaning simultaneously. Due to this the industrial cleaning solvents are more suitable for cleaning products in manufacturing and commercial cleaning.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=156769298
Asia Pacific is estimated to be the largest market for the industrial cleaning solvents market, in terms of value, during the forecast period.
Asia Pacific is projected to be the largest market for industrial cleaning solvents,in terms of value, during the forecast period, driven by the raising industrialization, exports and awareness of hygiene in region specially in Japan and China. Moreover, the regulations in this region is more favourable for industrial cleaning solvents market. Thus,due to these reasons the demand for industrial cleaning solvents in Asia Pacific region is increased.
Industrial Cleaning Solvents Market Key Players
The key players profiled in the report include Exxon Mobil Corporation (US), Shell plc (UK), BASF SE (Germany), Dow Inc. (US), and Lyondellbasell Industries N.V. (US).
BASF SE is one of the world’s largest chemical company, with a broad range product portfolio. Overall, its product range serves various industries including agriculture, automotive & transportation, chemicals, coating solutions, furniture & wood, home care and cleaning, nutrition, packaging & prints, paint & coatings, leather & footwear construction, electronics & electric, energy & resources, pharmaceuticals, plastics & rubber, pulp & paper, textile, and personal care & hygiene industries. It offers industrial cleaning solvents for various applications such as metal cleaning, disinfection, commercial laundry and others. The company has its presence in 91 countries and operates at 239 production sites across regions. In March 2022, BASF planned to built a new production site to increase the production capacity of its alkylethanolamines portfolio.
Exxon Mobil Corporation is one of the world’s largest publicly traded oil & gas company. Through its chemical products business segment, it offers industrial cleaning solvents. These cleaning solvents are used in various end-use industries such as manufacturing & commercial offices, automotive & aerospace, food processing, healthcare, hospitality and others. Likewise, the company has strong R&D capabilities, which help know customers well. The company is focusing on improvements, sustained investments, and technological advancements.It has a extensive worldwide presence in almost all key countries.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The Knowledge Store™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
MarketsandMarkets™
Mr. Aashish Mehra
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
