Saudi Arabia Industrial and Institutional Cleaning Market Poised for Robust Growth, forecasted to Expand at 5.40% CAGR from 2022-27

MarkNtel Advisors has released its latest report highlighting strong growth in The Saudi Arabia Industrial and Institutional Cleaning Chemicals Market is projected to grow at a CAGR of around 5.40% during the forecast period, i.e., 2022-27.

Report Coverage

This report offers a comprehensive analysis of the Saudi Arabia Industrial and Institutional Cleaning Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2021
• Forecast Years: 2022-27
• Historical Years: 2017-20

Saudi Arabia Industrial and Institutional Cleaning Market Overview

The major factors responsible for this market growth included the expansion of research laboratories across China and increasing RD investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research development, to become a technological powerhouse across the globe.

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Saudi Arabia Industrial and Institutional Cleaning Market Segmentation Outlook

The Saudi Arabia Industrial and Institutional Cleaning is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Raw-Material

• Chlor-Alkalis
  • Caustic Soda
  • Soda Ash
  • Chlorine
• Surfactants
  • Anionic
  • Cationic
  • Non-ionic
  • Amphoteric
• Solvents
  • Alcohols
  • Hydrocarbons
  • Chlorinated
  • Ethers
• Others (Phosphates, Biocides, etc.)

By Product Type

• Floor Care Products
• Disinfectants Sanitizers
• Laundry Care Products
• Others (Ware washing Detergents, General Purpose Cleaners, etc.,)

By End User

• Retail
• Food Beverage
• Hospitality
• Healthcare
• Electronic Industry
• Corporate Offices
• Others (Fabricated Metal Products, Educational Institutes, etc.,)

By Region

• Central
• East
• West
• South

Saudi Arabia Industrial and Institutional Cleaning Market Driver

Increasing Construction of Hospitals to Boost the Demand for the Cleaning Chemicals- The Saudi Arabia government has increasingly focused on the development of its healthcare sector, and the country accounts for approximately 60% of the healthcare expenditure of Gulf Cooperation Council (GCC) countries, as per International Trade Administration (ITA). The investments include various development in the healthcare sector, such as the construction of hospitals, spending on chemicals for providing a clean and hygienic environment to the patients, etc. Hence, the rising construction of healthcare buildings has propelled the demand for chemical disinfectants during 2017-2021.

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Top Saudi Arabia Industrial and Institutional Cleaning Market Brands Their Strategic Market Positioning

MarkNtel Advisors Research identifies 3M, Akzo Nobel N.V., Albemarle Corporation, BASF, Clariant AG, Henkel AG Co. KgaA, Huntsman International LLC, National Chemical Laboratories Inc., Nouryon, Procter Gamble, Solvay, Spartan Chemical Company Inc., Stepan Company Others as key players shaping the market landscape.

Saudi Arabia Industrial and Institutional Cleaning Market News

• In 2021, Wayakit, a Saudi Arabia-based start-up company, started its new pilot production plant for the manufacturing of the cleaning disinfectant bio-formulation with a target of approximately 20,000 liters of chemicals per day with the approval of the government to start trial manufacturing of the products.
• In 2018, the Clariant signed a Memorandum of Understanding (MoU) with Saudi Kayan for the establishment of a manufacturing facility for alkoxylates. It is used in a variety of applications, including home care, personal care, and other industrial application segments.

Key Questions Answered in the Report

• What is the market size (value volume) along with the current future trends, growth factors challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2027?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers challenges associated with the market, and how would they impact the market through the forecast period?

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