Home Care Chemicals Market 2022-2031
Further, growing population and rising urbanization are also expected to boost demand of home care chemicals over the coming years. The global home care chemicals market is expected to expand at a CAGR close to 5% over the assessment period of 2022 and 2031.
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Rising demand for domestic cleaning products for floors, walls, washing dishes, cleaning clothes, etc., is expected to boost sales of home care chemicals over the coming years. Surfactants, solvents, and additives are the key types of home care chemicals that are used in the production of dishwashing, surface cleaning, and laundry care products.
Key Players:
The report has profiled some of the important players prevalent in the global like – BASF SE, Ashland Inc., Solvay S.A., DOW Chemicals, Evonik Industries AG, Clariant AG, Croda International, Lubrizol Corporation, Huntsman Corporation and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Home Care Chemicals Market.
Key Takeaways from Market Study
- Demand for home care chemicals is anticipated to increase at a significant growth rate over the coming years due to increasing demand from laundry care, surface cleaning, and dishwashing product manufacturing industries.
- Surfactants are anticipated to remain a key product type in the market, owing to high consumption in laundry and dishwashing applications.
- With growing demand for proper washing of clothes and fabric, consumption of home care chemicals is also expected to witness considerable growth during the assessment period.
- Asia pacific is expected to remain a key region across the global market. Presence of a fair share of key manufacturers is also driving market expansion in this region.
“Demand for surfactants is estimated to be significantly driven by the laundry and fiber care segment, as surfactants are widely utilized for the production of detergents, soaps, and conditioners,” says a Persistence Market Research analyst.
Conclusion
Growing demand for cleanliness and rising awareness regarding maintaining hygiene are anticipated to drive the market of home care chemicals. Increasing laundry care facilities across the globe are also expected to consume a substantial amount of home care chemicals. Rising purchasing power of the middle-class population all over the globe is anticipated to further drive demand for home care chemicals over the coming years.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Home Care Chemicals Market Manufacturers
Home Care Chemicals Market Distributors/Traders/Wholesalers
Home Care Chemicals Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Home Care Chemicals Market – Report Highlights
- A detailed overview of parent market of Home Care Chemicals Market
- Changing Home Care Chemicals Market dynamics in the industry
- In-depth segmentation of the Home Care Chemicals Market
- Historical, current, and projected Home Care Chemicals Market size regarding volume and value
- Recent industry trends and developments in Home Care Chemicals Market
- Competitive landscape of the Home Care Chemicals Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Home Care Chemicals Market performance
- Must-have information for Home Care Chemicals Market players to sustain and enhance their market footprint
Key Questions Answered in the Home Care Chemicals Market Report
How is the Home Care Chemicals Market expected to grow over the projected period?
What direction is the Home Care Chemicals Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Home Care Chemicals Market in future?
What are the key market drivers in the Home Care Chemicals Market?
What are significant opportunities and improvement areas for Home Care Chemicals Market manufacturers?
What are the key developments and trends taking over the Home Care Chemicals Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Home Care Chemicals Market?
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