Chemical As A Service Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By End Use Industry (Agriculture & Fertilizer, Water Treatment & Purification, Metal Parts Cleaning, Paints & Coatings, Industrial Cleaning, Industrial Gases, Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationChemical As A Service Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By End Use Industry (Agriculture & Fertilizer, Water Treatment & Purification, Metal Parts Cleaning, Paints & Coatings, Industrial Cleaning, Industrial Gases, Others), By Region and Competition
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 8.01 billion |
| CAGR (2023-2028) | 7.91% |
| Fastest Growing Segment | Industrial Cleaning |
| Largest Market | North America |
Market Overview
Key Market Drivers
Rising Demand of Chemical As A Service in Water Treatment & Purification Industry
Increasing Demand of Chemical As A Service in Agriculture & Fertilizer
Rising Demand of Chemical As A Service in Industrial Cleaning Sector
Key Market Challenges
Regulatory Complexity and Sustainability and Environmental Concerns Poses a Significant Obstacle to Market Expansion
Sustainability Certification and Reporting
Key Market Trends
Sustainability and Green Chemistry
Industry 4.0 and Automation
Demand for Biodegradable and Bio-Based Chemicals
Segmental Insights
End Use Industry Insights
Regional Insights
Recent Developments
- In July 2023, Solenis Completed acquisition
of Diversey for USD 4.6 Billion.
- In January 2023, Henkel signed an
agreement with Shell on renewable-based ingredients for Persil, Purex and all
brands for cleaning ingredients used in Henkel’s largest laundry brands in
North America
- In May 2022, Sphera Solutions,
Inc., a prominent global provider of Environmental, Social, and Governance
(ESG) performance and risk management software, data, and consulting services
headquartered in Chicago, has established a partnership with BASF, the renowned
chemical company based in Germany.
- In July 2021, Nalco Water,
Ecolab’s water, and process management business, announced the formation of its
new Global Chemical organization by combining its Heavy Chemical and Downstream
Chemical Process Industries (CPI) groups into a single unit to provide new
streamlined and holistic approaches to water, carbon and energy challenges.
Key Market Players
- Diversey Holdings Ltd.
- Henkel AG & Co. KGaA
- BASF SE
- Quaker Houghton
- PPG Industries, Inc.
- Ecolab Inc.
- Polikem S.A.S
- CSC JÄKLECHEMIE GmbH & Co. KG
- Safechem Europe Gmbh
- Sphera Solutions, Inc.
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