Global Information, Inc. would like to present a new market research report, "World I&I Cleaning Chemicals" by The Freedonia Group.
According to The Freedonia Group, "Global demand for industrial and institutional (I&I) cleaning chemicals is projected to increase 4.4 percent per year to nearly $38 billion in 2013" by The Freedonia Group. Representing 60% of the global demand for industrial and institutional cleaning chemicals in 2008, North America and Western Europe combined are expected to maintain as the largest regional markets for I&I cleaning chemicals. However, research analysis indicates that Western Europe will post the slowest gains among all the regional markets as a result of static economic expansion and sluggish population growth. On the other hand, the Asia/Pacific region will exhibit very robust gains, which will be driven primarily by the healthy Chinese market.
Key findings in this report include:
- Commercial markets projected to account for majority of world industrial and institutional (I&I) cleaning chemical demand
- I&I applications in Foodservice represent largest commercial market despite slightly lower growth than that of commercial markets
- Food and beverage processing is the largest manufacturing market
- Environmental and regulatory frameworks continue to influence I&I market
- General purpose cleaners and floor care products will remain the largest product categories
- Disinfectants and sanitizers will exhibit most rapid growth
WORLD I&I CLEANING CHEMICAL DEMAND
(million dollars)
|
| % Annual Growth |
| Item | 2003 | 2008 | 2013 | 2003-2008 | 2008-2013 |
| World I&I Cleaning Chemical Demand | 23225 | 30430 | 37680 | 5.6 | 4.4 |
| North America | 8422 | 10430 | 12350 | 4.4 | 3.4 |
| Western Europe | 7014 | 8495 | 9600 | 3.9 | 2.5 |
| Asia/Pacific | 5336 | 7520 | 10185 | 7.1 | 6.3 |
| Other Regions | 2453 | 3985 | 5545 | 10.2 | 6.8 |
©2010 by The Freedonia Group, Inc.