To know the impact of COVID-19 On Home Care Chemicals Market Size, Share & Trends Analysis Report By Product (Surfactants, Solvents, Additives, Others), By Application (Home Care Chemicals for Laundry Care, Home Care Chemicals for Hard Surface Cleaning, Home Care Chemicals for Dishwashing, Others) Based on Region, And Segment Forecasts, 2021 - 2027 Market
Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027
Global Home Care Chemicals Market: Global Size, Trends, Competitive, Historical and Forecast Analysis, 2021-2027- Increasing awareness regarding hygiene & health, rising concerns regarding COVID-19, and growing demand for surfactants, solvents, pigments and additives are the factors anticipated to drive the growth of Global Health Care Chemicals Market.
Global Home Care Chemicals Market is expected to grow with a CAGR of 5.2% over the forecast period.
Scope of Global Home Care Chemicals Market
Home care chemicals that are used by people in their home to remove dirt, including stains, bad smell, dust, and other mess on surfaces. The chemicals are especially used in household premises. Surfactants, additives, solvents, pigments and others are known as home care chemicals. Some examples of these chemicals are hand sanitizers, restroom, and washroom cleaners, and deodorants. Cleaning products like laundry detergent contain the chemicals which help these chemicals to perform best in both hot and as well as cold water, enabling consumers to save money and energy when washing their clothes. High concentrated liquid laundry formulations are made by industries with less packing and it should generate less waste that will not harm the environment.
Home care chemical items contain an antibacterial cleaner that eliminates soil and dirt likewise kills the germs that might cause diseases. The diseases like seasonal flu outbreaks and foodborne diseases can be kept away by using chlorinated cleaning products. To keep climate germ free childcare communities, emergency clinics, cafés and other public offices utilize sanitizer characteristics of chlorine-based cleaners. Cleaning solvents are utilized as cleaning items. Glycol ethers are exceptionally helpful as an active part of floor, heavy-duty glass and other hard surface cleaning formulations. These solvents have great water compatibility, high dissolvability for lubes and oils and great biodegradability. There are various kinds of ingredients utilized in cleaning items to assist them with performing. Home care chemicals are used in hospitals, clinics, people in their houses, restaurants, colleges, schools on a regular basis, to maintain their premises and to keep them clean.
Covid-19 pandemic has positively impacted the growth of global home care chemicals market. The pandemic has created a panic situation all around the globe; as it was advised by doctors, researchers and scientists to wash the hands and to keep surfaces sanitized to avoid its further spread. During the Covid-19 pandemic, to avoid the spread of this infectious illness, government bodies all over the world are developing awareness among the normal populace toward keeping up with hygiene and cleanliness. So, the increased use of surface cleaners, soaps, handwashes, liquid detergents, sanitizers aids to the growth of the home care chemicals market.
The global home care chemical market is segmented on the basis of product, application and region & country level. On the basis of product, the global home care chemical market classified into surfactant, solvents, additives and others. On the basis of application, the market is segmented into home care chemicals for laundry care, home care chemicals for hard surface cleaning, home care chemicals for dishwashing, and others.
Home Care Products Manufacturing Companies :
Some of the major key players for the global home care chemicals market are Solvay S.A., DOW, Evonik Industries AG, BASF SE, Croda International, Ashland Inc., Lubrizol Corporation, Clariant AG, and others.
Global Home Care Chemicals Market Segmentation:
- Home Care Chemicals for Laundry Care
- Home Care Chemicals for Hard Surface Cleaning
- Home Care Chemicals for Dishwashing
The regions covered in this global home care chemical market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of global home care chemical is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
News: Brand Nourish’s PUER Launched in India with Nature Inspired Range of Home and Personal Care Products
On July 10th, 2021; Brand Nourish's PUER launched a wide range of items traversing from floor cleaners, clothing care, antiseptic liquids and fabric conditioners. With broad logical innovative work the brand has combined security and viability to bring propose a range of items that are motivated by nature to advance cleaner, better and more secure homes. By supplanting the utilization of solid, remaining synthetic, items from the PUER range are made to craft the integrity of nature to assemble better homes, better items, better individuals and eventually, a superior planet.
Increasing Awareness Regarding Hygiene & Health, Rising Concerns Regarding COVID-19 and Growing Demand for Surfactants, Solvents, Pigments and Additives are Some of the Major Factors Driving the Market Growth
One of the major factors driving the growth of global health care chemicals market is the increasing awareness regarding hygiene & health. People are opting for home care chemical products in order to maintain the healthy lifestyle thus increase in awareness regarding hygiene and health. As the unhygienic surfaces and places can cause severe infections such as vomiting, diarrhoea, food poisoning among children’s cleaning and hygienic environment should be maintained. Cleaning with a household cleaner that contains detergent or soap diminishes the number of germs on surfaces and decreases risk of infection from surfaces. Cleaning alone removes the majority of the virus particles on surfaces.
For instance, As per World Health Organizations (WHO), there are more than 3 billion individuals utilized securely managed disinfection services, globally. An extra 2.2 billion utilized basically fundamental disinfection services, 701 million utilized unchanged offices, and 673 million keep on rehearsing open crap.
In addition, rising concern regarding COVID-19 is also supplementing the market growth. For instance; according to the World Health Organization (WHO), as of 17 August 2021, there are 207,784,507 confirmed cases of COVID-19, including 4,370,424 deaths, globally. Growing awareness by government and private organization to reduce the risk of infection is also fostering the market growth. Furthermore, growing demand for surfactants, solvents, pigments and additives is also augmenting the growth of global health care chemicals market.
Also, increased awareness about the environmental issues as well as growing concern toward health hazards is also supplementing the demand and consumption of bio-based and non-hazardous chemical-based home care products. Moreover, rising investment by manufacturers in the R&D of eco-friendly chemicals used in various product applications such as detergents, soaps, air fresheners, liquid detergents is also driving the growth of global home care chemicals market.
However, government rules and regulations on input cost and prices may hamper the global home care chemicals market growth. In spite of that, increasing use of green products and eco-friendly formulations may create more opportunities for the further growth of the global home care chemicals market.
North America is Expected to Dominate the Global Home Care Chemicals Market
North America is expected to dominate the global home care chemicals market within the forecast period due to the high awareness among peoples for personal hygiene, high disposable income and presence of key players in this region. For instance, as indicated by Census information, in 2019, 37% of all families had yearly incomes under $50,000 though the divide between families with a Black householder was outstandingly higher at 53%.
Asia Pacific is anticipated to grow at a faster rate in the global home care chemicals market due to rising demand for home care products, growing population and increasing concern about hygiene in this region. Due to the COVID-19 pandemic, the demand of home care chemicals product has increased vastly. Large number of disinfectants and surface cleaners are used to reduce the risk of contamination. For instance, according to World Health Organization (WHO), on 26 August 2021, there were 32,603,188 confirmed cases and 436,889 deaths in India.
- Southeast Asia
The Middle East and Africa
- Rest of the Middle East and Africa
Key Benefits of Global Home Care Chemicals Industry Report–
- Global Home Care Chemicals report covers in-depth historical and forecasts analysis.
- Global Home Care Chemicals research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Home Care Products Manufacturing Companies, Market opportunities, Competitive Analysis, Regional and Country levels.
- Global Home Care Chemicals report helps to identify opportunities in the marketplace.
- Global Home Care Chemicals report covers extensive analysis of emerging trends and competitive landscape.
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Home Care Chemicals Market Growth, Opportunities Industry Share, Size (2021-2027)