Growth In Healthcare Boosts Demand For Industrial Cleaning

Technavio’s latest market research suggests that the growing healthcare sector will boost demand for the industrial cleaning market, according to an article on Yahoo Finance. Research shows that the global industrial cleaning market is expected to grow at a compound annual growth rate of close to 5 percent during the forecast period.

Technavio covers the market outlook and growth prospects of the global industrial cleaning market for 2017-2021. The market is further categorized into five segments based on the chemicals used, including surfactants, enzymes, builders, fragrances, and processing aids.

“The growth in the end-user segments such as the healthcare and retail and food service industries has led to the steady growth of the industrial cleaning market. The vendors in the market strive to innovate and provide sustainable cleaning solutions to various stakeholders of the value chain,” says Sarah Haque, a lead research expert from Technavio.

The market for industrial cleaners will see growth, primarily due to the adoption of new technologies in the healthcare sector, the research found.

Find more research details here.