Key Market Indicators
Germany is set to lead the way in Cleaning Compound Production, with revenues estimated to reach around $9.1 billion by 2026. This figure is a slight increase on the $8.4 billion recorded in 2021, with a growth rate of 1.1% year on year on average. Since 2013, however, production has decreased by 1.5% each year. Spain, Italy and the United Kingdom take up the remaining spots in the top four. Meanwhile, Cleaning Compound Sales are expected to reach $37.6 million by 2026, down 0.7% from the $38.7 million recorded in 2020. On average, this market decreased by 0.7% year on year. Italy, Germany and Argentina are the next three biggest contributors to the market.