Global Industrial and Institutional Cleaners Market 2018-2022| Growing Demand for Bio-based Surfactants to Propel Growth| Technavio
LONDON--(BUSINESS WIRE)--Oct 4, 2018--The global industrial and institutional cleaners market is expected to post a CAGR of nearly 6% during the period 2018-2022, according to the latest market research report by .
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181004005517/en/
Technavio has published a new market research report on the global industrial and institutional cleaners market for the period 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of this market is rising health awareness. The rising health concerns among the population are leading to the increased awareness for cleanliness at the workplace and other community places, which is the major driver for the market. The health and wellbeing of an individual are directly related to the surroundings and the places he or she may visit. Therefore, maintenance of the workplace and other community places in a clean state is highly important. The provision of a clean and safe environment for healthcare is a key aspect that needs to be focused on by the medical sector.
This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the growing demand for bio-based surfactants as one of the key emerging trends in the global industrial and institutional cleaners market:
Global industrial and institutional cleaners market: Growing demand for bio-based surfactants
Biosurfactants are amphiphilic compounds that are produced on the surface of living organisms or discharged extracellularly. These compounds can reduce the surface tension between two liquid surfaces or a liquid and a solid surface. They can aggregate different interfaces of media with varying polarities.
“The government of various countries are trying to increase the use of environment-friendly surfactants due to the non-biodegradable nature and harmful effects of chemically synthesized surfactants. Government regulations are mandating manufacturers to use eco-friendly raw materials in their manufacturing process. Thus, the I&I cleaners market is witnessing a trend of use of biosurfactants for the cleaning purpose,” says a senior analyst at Technavio for research on specialty chemicals.
Global industrial and institutional cleaners market: Segmentation analysis
This market research report segments the global industrial and institutional cleaners market by product (sanitation and janitorial cleaners, kitchen and catering cleaners, and laundry cleaners) and geographical regions (APAC, EMEA, and the Americas).
The sanitation and janitorial cleaners segment held the largest market share in 2017, accounting for nearly 39% of the market. This product segment is expected to dominate the global market throughout the forecast period.
The Americas led the market in 2017 with a market share of nearly 39%. This region is expected to dominate the market through 2022, however, there will be a decrease in its market share.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005517/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 10/04/2018 10:55 AM/DISC: 10/04/2018 10:55 AM