8/12/2025, 2:00:00 AM | www.fmiblog.com | news
Industrial and Institutional Cleaning Chemical Market is Growing at a Strong CAGR of 7.5% by 2034 | FMI
The global industrial and institutional cleaning chemical market is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2034, expanding from USD 60.9 billion to USD 125.5 billion. This growth is driven by increasing demand across healthcare, hospitality, manufacturing, and public administration, fueled by a heightened focus on hygiene and public health, especially post-COVID-19. Key regions include the United States, China, and Germany, with the U.S. expected to lead North America at a 5.8% CAGR, China at 8.9%, and Germany seeing its institutional sales double to USD 13,201.1 million by 2034. The surfactant segment holds a 34.3% revenue share, and general purpose cleaners dominate with a 31.1% value share. Recent developments include TruArc Partners acquiring Meyer Laboratory in March 2024 and Sasol Chemicals launching sustainable brands Carinex and Livinex in October 2023. Major players include Procter & Gamble, BASF SE, Clariant, The Clorox Company, Henkel AG & Co. KGaA, 3M, Kimberly-Clark Corporation, Reckitt Benckiser Group plc, Croda International PLC, Albemarle Corporation, Eastman Chemical Corporation, and Huntsman International LLC.