Report Forecast on India Cleaning Chemicals Market Industry - 2020

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Date Submitted: 12/22/2015 12:14 AM

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Dec 22 2015 Mumbai, India: Bharatbook.com announces a report on “ Report Forecast on India Cleaning Chemicals Market Industry – 2020 ”. Northern region of India is expected to witness the highest growth on account of anticipated growth in establishment of new commercial and residential spaces.

Cleaning chemicals are substances used for removing dirt, stains, bad smells, etc., on surfaces, in order to maintain clean, safe and hygienic surroundings. Rising health & hygiene awareness coupled with stringent safety regulations in India are boosting the demand for cleaning chemicals in residential, commercial as well as industrial sectors in the country. Moreover, increasing demand for residential spaces across the country on account of growing urban population is expected to further add up to the demand for cleaning chemicals in the residential sector over the next five years. Moreover, demand for cleaning chemicals is increasing due to rising number of hotel and hospitals on account of continuing growth in the country’s tourism, especially medical tourism.

According to “India Cleaning Chemicals Market Forecast & Opportunities, 2020”, the market for cleaning chemicals in India is projected to grow at a CAGR of more than 21% during 2015 - 2020. Growing health awareness, rising number of initiatives by the government as well as private companies on educating masses about cleanliness, increasingly stringent safety standards, surging demand for residential spaces in the country on account of rising urban population and growing use of cleaning chemicals in food and beverages processing, drug manufacturing, healthcare set-ups, etc., are the major factors boosting demand for cleaning chemicals in the country. During 2015 – 2020, Northern region of India is expected to witness the highest growth on account of anticipated growth in establishment of new commercial and residential spaces. “India Cleaning Chemicals Market Forecast & Opportunities, 2020” report elaborates the...