The home care chemicals are used to remove dirt, including stains, bad smell, dust, and other mess on surfaces. These chemicals are especially used in household premises. The home care chemicals include Surfactants, Additives, Solvents, Pigments, and Others. These chemicals incorporate hand sanitizers, restroom, and washroom cleaners, and deodorants.
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The increase in awareness regarding hygiene and health is the key driving factor which is expected to boost the global home care chemicals market growth. Furthermore, the increase in demand for surfactants, solvents, pigments, additives, and other chemicals will positively influence the market growth. The increase in per capita income of middle class people is expected to further fuel the global home care chemicals market growth. Moreover, the increase in industrialization and urbanization is the prominent factor which expected to support the market growth over the forecast period. The increase in COVID-19 outbreak is expected to drive the growth of global home care chemicals market growth during this forecast timeline.
Stringent government rules and regulations are the major restraint which expected to hamper the global home care chemicals market growth. Also, the increase in the use of eco-friendly products may limit the global home care chemicals market growth.
The Global Home Care Chemicals Market is segmented into type such as Surfactants, Additives, Solvents, Pigments, and Others. Further, market is segmented into application such as Online, and Offline. Also, the global home care chemicals market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Market Key Players
Various key players are discussed in this report such as
Akzo Nobel N.Z., Evonik Industries AG, Lubrizol Corporation, Croda International Plc., Clariant AG, The Dow Chemicals Company., BASF, Ashland Inc., Huntsman Corporation, etc.
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