Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market, 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. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight sustainable materials, rising demand for luxury customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Saudi Arabia Industrial and Institutional Cleaning Chemicals Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook Forecasts:

• Forecast Period: 2022-2027
• CAGR (2022-2027): 5.40%

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Saudi Arabia Industrial and Institutional Cleaning Chemicals Market Segmentation Breakdown:

The Saudi Arabia Industrial and Institutional Cleaning Chemicals Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

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.)

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.,)

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.

Key Drivers: 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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A Comprehensive Analysis of Leading Companies in Saudi Arabia Industrial and Institutional Cleaning Chemicals Market

• 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

Possible Restraint: Strict Government Regulations Regarding the Usage of Certain Chemicals to Restrict the Market Growth

Industrial and institutional cleaning chemicals are disposed to various environmental governmental regulations due to their volatile organic compounds content as they are toxic when inhaled. The government of Saudi Arabia banned certain chemicals, including hand sanitizers, disinfectants, etc., in order to protect their population from the harmful side effects of chemical content present in it. In 2020, the Saudi Food and Drug Authority (SFDA) warned consumers against the use of Clean Touch Hand Sanitizer Gel due to the excess presence of Isopropyl alcohol in it. The SFDA had taken necessary actions to ban the product in the Kingdom take legal steps against non-compliance.

Thus, the government of Saudi Arabia put strict regulations on the usage of certain cleaning chemical products that have adverse effects on the health of the consumers in Saudi Arabia. Consequently, due to strict regulations, several cleaning chemicals could not enter the market of Saudi Arabia, thereby restricting the market growth of Industrial and Institutional cleaning chemicals. “Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

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