Industrial & Institutional Cleaning Chemicals Market in India to Surpass $526 Million by 2026
Rapid
urbanization, increasing demand from healthcare sector and stringent regulatory
policies are expected to steer industrial and institutional cleaning chemicals market
in India through 2026
According to TechSci Research
report, “India Industrial
& Institutional Cleaning Chemicals Market By Product Type, By End Use, Competition Forecast & Opportunities,
2012 – 2026”,
industrial and institutional cleaning chemicals market in India is
projected to cross $ 526 million by 2026 on account of anticipated growth in food processing industry,
healthcare sector and favorable government regulations. Moreover, the need for
removal of dust particles, disease causing bacteria and micro-organisms and
improving standard of living are also predicted to boost the market in the
coming years. National Health Policy 2015 formulated by Government of India has
increased the expenditure in healthcare sector and laid down certain objectives
to achieve health and wellbeing for all at the highest possible level. All these factors are estimated to positively
influence the industrial & institutional cleaning chemicals market in India
during 2017-2026.
Browse 18 market
data Tables and 42 Figures spread through 113 Pages and an in-depth TOC on "India Industrial & Institutional Cleaning
Chemicals Market"
https://www.techsciresearch.com/report/india-industrial-institutional-cleaning-chemicals-market-by-end-use-industrial-institutional-by-product-type-general-purpose-cleaners-sanitary-care-cleaners-others-competition-forecast-and-opportunities/971.html
In 2016, institutional chemicals captured a majority
share in India industrial & institutional cleaning
chemicals market on the back of rising demand from rising number
of universities, colleges, hospitals, hotels, restaurants chains, laundry and
dry cleaning services, corporate offices, etc. The segment is anticipated to
maintain its dominance through 2026. Hotel & lodging end use industry
dominated the institutional cleaning chemicals market in India in 2016. The second largest share was captured by office spaces
due to rising urbanization and surging investments in construction activities.
Some of the leading players operating in industrial & institutional cleaning
chemicals market in India include Diversey India Pvt. Ltd., Schevaran Laboratories Pvt. Ltd., Ecolab
India, Satol Chemicals, Buzil Rossari Pvt. Ltd., etc.
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“India
industrial & institutional cleaning chemicals market is dominated by the
country’s southern region due to presence of major pharmaceutical hubs and automotive
manufacturing facilities in the region. Moreover, growing health awareness is
anticipated to drive demand for industrial and institutional chemicals in the
country through 2026.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India Industrial & Institutional Cleaning
Chemicals Market By Product Type, By End Use, Competition Forecast & Opportunities,
2012 – 2026” has evaluated the future growth
potential of India industrial & institutional cleaning chemicals market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes
the emerging trends along with essential drivers, challenges and opportunities
in India industrial & institutional cleaning chemicals market.
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