The U.S. institutional cleaning ingredients market share for dishwashing application is slated to grow at a remarkable pace influenced by the introduction of strict government regulations & guidelines to ensure good personal hygiene, alongside implementation of infection protocols in institutes.
The industry is highly fragmented in nature, with the presence of several prominent players holding a significant share across the region. In the wake of the coronavirus pandemic, several manufacturers in the U.S. are rapidly introducing new institutional cleaning products to stay safe amid the outbreak.
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The pandemic has resulted in a considerable surge in the deployment of antimicrobials, solvents, bleach, and other cleaning ingredients as the demand for detergents and disinfectants has been on the rise. Solvents like ethanol are considered to be a crucial ingredient for eliminating the coronavirus, thereby leading to the mounting adoption of ethanol-based disinfectants. Furthermore, bleach such as hypochlorites and hydrogen peroxide, which contain bactericidal properties, is among the ingredients approved by the U.S. FDA for use against COVID-19. These factors are likely to impel industry penetration in the U.S.
As per Global Market Insights, Inc., the U.S. institutional cleaning ingredients market for dishwashing application is expected to register revenue of over $595 million by 2025.
In terms of ingredient type, the surfactants segment accounted for nearly 70% of the U.S. institutional cleaning ingredients market share in 2020 and will expand at a remarkable rate over the coming years. This is attributable to the ease of product availability to disinfectant manufacturers and its cost-effective nature.
The enzymes segment is anticipated to gain momentum over the estimated timeframe as well, owing to its capability to aid the improvement and development of modern industrial and institutional cleaning formulations. The segment will also bolster by benefits like its low amount of water consumption.
Meanwhile, the U.S. institutional cleaning ingredients market from the chelating agent segment is projected to depict more than 2% CAGR through 2025. This growth is attributable to the product’s ability to improve water hardness protection, increase the solubility of oxides, salts, and soaps, as well as remove dissolved minerals like magnesium and calcium. Manufacturers in the U.S. are placing high emphasis on lowering the scaling effects of hard water in dishwashing applications. These factors have resulted in the development of chelating detergent products that aid in reduction of salts present in waters.
On the basis of ingredient application, the dishwashing machine type segment is poised to exhibit a CAGR of over 3.5% through 2025, on account of the rapid adoption of robotic dishwashing machines in large restaurant chains and institutes.
The U.S. institutional cleaning ingredients industry for dishwashing application is stimulated by the presence of key market participants such as Spectrum Chemicals Manufacturing Corporation, Supraveni Chemicals, AkzoNobel N.V., PeroxyChem, Nouryon, Clariant International, Ashland Global Holdings Inc, Croda International Plc, Solvay, Evonik Industries AG, The Dow Chemical Company, BASF SE, and Stepan Company, among others.
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Several companies are implementing strategies such as business expansions and innovative product launches to sustain their market position, especially considering increased demand for detergents during the ongoing COVID-19 pandemic.
For instance, in January 2021, Ashburn Chemical Technologies announced the expansion of its services and products into the industrial and institutional cleaners market via the launch of FacilityCare360™, with an objective to deliver high-quality hard surface and floor cleaners and other specialty products.
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