Acid Descalers Market Forecast to Reach $7 Billion by 2025


Posted October 6, 2020 by rohitkurup99

Growing healthcare, food and beverage, refineries, petrochemical plants, and construction sector across developed and developing nations are also fueling the growth of Acid Descaler Market.

 
Acid Descalers Market is forecast to reach $7 billion by 2025, after growing at a CAGR of 5% during 2020-2025. The rising need to remove cement, lime scale, concrete, stains, and hard food build-up on kitchen utensils drives the demand for acid descalers across various applications including residential, commercial, and industrial sector. Furthermore, the growing healthcare, food and beverage, refineries, petrochemical plants, and construction sector across developed and developing nations are also fueling the growth of acid descaler market size during the forecast period.

Key Takeaways
Among the regions, in 2019, the global acid descalers market was dominated by the Asia-Pacific region and is projected to dominate the same market along with a highest growth rate over the forecast period followed by North America and Europe region. This growth in APAC region is attributed to the growing population and rise in restaurants, hotels, bars or retail units across the region.
The growing popularity of solvent-based parts washers across various industry verticals including automotive and oil and gas to remove the accumulation of dirt, grease, oil, paint and adhesives is likely to aid in the market growth of acid descalers.
The growth in e-commerce sectors globally is also contributing for the growth of acid descaler industry during the forecast period.

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 Geography - Segment Analysis
APAC dominated the acid descalers market with a share of more than 30%, followed by North America and Europe during the forecast period.  China is projected to be the fastest-growing market for acid descalers in Asia Pacific, followed by India and Japan due to numerous number of manufacturers and consumers. Furthermore, due to massive demand from food product producers and suppliers, households, industries, and actively growing construction base in APAC, it will propel the acid descalers market during the forecast period.


Drivers – Acid Descalers Market

Growing housing sector of the world

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Acid Descalers market. Major players in the Acid Descalers Market are NCH (UK) Ltd, P&G Industries, Arkema, Unilever, Henkel, Clorox, Unical Company Limited, Nutan Chemicals, Church & Dwight, Amway, and Kao Chemicals, Cotey Chemical Corporation, among others.

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Tags acid descalers market , acid descalers market forecast , acid descalers market report , acid descalers market share , acid descalers market size
Last Updated October 6, 2020