NEW YORK, Sept. 6, 2016 /PRNewswire/ --
Healthcare market to grow fastest
The healthcare market for I&I
Food trucks & fast casual restaurants drive demand
Growth in I&I chemicals will be fueled by further expansion of foodservice revenues and the continued increases in the number of establishments, particularly food trucks and fast casual restaurants. Concerns about food safety and public perception of cleanliness will drive advances, although some business owners will strive to reduce expenses by eliminating wasted chemicals. Dispensers that automatically dilute the product or produce a premeasured quantity will continue to penetrate the market and limit growth by preventing excess usage of cleaning chemicals.
Milder fragrances & formulations
Cleaning chemical formulations utilized in janitorial applications will tend toward gentler fragrances and milder formulations when possible, particularly in facilities heavily visited by the public. Growth opportunities will exist for I&I chemicals marketed as natural or containing plant-based ingredients, although this shift will not be as marked as within the household market. Multipurpose products that reduce labor will be favored, as will strong concentrates that require less storage space and infrequent replenishment.
Drug-resistant bacteria concerns affect product mix
An emerging concern in these materials is drug-resistant bacteria. Some biocides are under scrutiny by both regulatory bodies and the general public. In particular, triclosan is currently under review by the Environmental Protection Agency (EPA) due to potential health effects. Widespread usage of triclosan-based hand cleansers is a possible contributor to the emergence of drug-resistant bacteria.
Industrial & Institutional (I&I) Cleaning Chemicals presents historical demand data (2005, 2010, 2015) plus forecasts (2020, 2025) by market (industrial, commercial, institutional), product and raw material (biocides, solvents, chlor-alkalis, surfactants, phosphates, other). This study also considers key market environment factors, assesses the industry structure, evaluates company market share and profiles 39 competitors in the US industry, including Clorox, Ecolab, Procter & Gamble, Sealed Air (Diversey Care) and Zep.
Freedonia's market research studies provide timely access to reliable, unbiased analysis from which to benchmark performance and answer critical questions: Is your business growing faster or slower than the overall market? Is your organization gaining or losing market share? Which products and markets are the most desirable to explore for expansion? Are there industry trends or competitor activities that present a threat or opportunity to your business?
Studies offer a great ROI and can help business leaders make informed, analytically driven decisions. When considering the time, effort, and expertise that goes into it, our off-the-shelf research saves our clients time and money.
Read the full report: http://www.reportlinker.com/p04121459-summary/view-report.htmlAbout Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________Contact Clare: [email protected]US: (339)-368-6001Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-industrial--institutional-ii-cleaning-chemicals-market-300323178.html
Subscribe to our Free Newsletters!