MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Saudi Arabia Industrial and Institutional Cleaning Chemicals Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
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.
What are the major Driver the Saudi Arabia Industrial and Institutional Cleaning Chemicals industry?
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. For instance:
- In 2022, a contract was signed between Alf Healthcare & Steward Health Care International for the development of a new hospital by the Red Sea Development Company. The hospital is expected to provide medical services to almost 14,000 visitors.
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What segments define the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
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.)
According to report, Among them, the Solvents held a considerable share in the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market, owing to the rising government initiatives for the manufacturing of sanitizers, disinfectants, and general-purpose cleaner liquids to meet the escalating demand of the health-conscious public.
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.,)
According to report, Of them all, the demand for the cleansing chemicals has surged in the healthcare sector due to growing bacterial & viral diseases, rising hygiene & cleanliness standards among the patients, etc.
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Geographical Analysis: Saudi Arabia Industrial and Institutional Cleaning Chemicals Market
By Region
- Central
- East
- West
- South
Saudi Arabia Industrial and Institutional Cleaning Chemicals Market Share & Competitive Landscape:
The Saudi Arabia Industrial and Institutional Cleaning Chemicals Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market are:
- 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
Saudi Arabia Industrial and Institutional Cleaning Chemicals Market Industry Recent Development:
- 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.
Questions Addressed in this Study
1.What factors are driving the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market growth?
2.How is the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market?
4.What is the current size of the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market, and how is it projected to change in the future?
6.What is the future outlook for the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market in terms of technological advancements and market expansion?
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More Research Studies Report:
–Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.
–Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.
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