Key Market Indicators
Austrian cleaning compound production is set to reach €110.77 million in 2021, a decrease of 11.3% compared to 2020. Since 2013, Austrian production has dropped by 29%. Portugal is the number one producer in 2021, followed by Spain, Italy, and the United Kingdom. Global cleaning compound sales are expected to reach $6.93 billion by 2026, a decline of 1.4% from the 2020 level of $7.41 billion. The market has grown at a rate of 1.3% year-on-year. Italy, Germany, and Argentina rank second, third and fourth, respectively.