Tank Cleaning Chemicals Market Analysis

Global Tank Cleaning Chemicals Market Overview

Tank Cleaning Chemicals Market Size was valued at USD 499.185 Million in 2023. The Tank Cleaning Chemicals industry is projected to grow from USD 525.74 Million in 2024 to USD 764.22 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.79% during the forecast period (2024 - 2032). The increasing demand for tank cleaning chemicals from water transportation and storage is a significant driver of the Tank Cleaning Chemicals Market. As the water transportation industry expands to accommodate increasing trade volumes and economic activity, vessels such as tankers, cargo ships, and barges require thorough cleaning and maintenance of their storage tanks to ensure the safety and quality of transported liquids. According to UNCTAD, after a decline in 2020, shipments grew by an estimated 3.2% to reach 11 billion tons, marking a significant improvement in 2021. This growth was observed in all developing regions, with Africa experiencing an estimated increase of 5.6%, Latin America and the Caribbean with 3%, and Asia remaining the leading maritime cargo handling center, accounting for 42% of goods loaded and 64% of goods unloaded in 2021. Thus, the rebounding of maritime cargo transportation activities has resulted in an increase in demand for tank cleaning chemicals required for tank cleaning to maintain operational efficiency and ensure the quality of stored cargo.

 Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Tank Cleaning Chemicals Market Trends

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  GROWING DEMAND FOR TANK CLEANING CHEMICALS FROM MARINE TRANSPORTATION

  
  

The growing demand for tank cleaning chemicals from marine transportation and storage tanks is a significant driver in the tank cleaning chemicals market. As the water transportation industry expands to accommodate increasing trade volumes and economic activity, vessels such as tankers, cargo ships, and barges require thorough cleaning and maintenance of their storage tanks to ensure the safety and quality of transported liquids. Marine transportation is an essential component of global trade accounting for 90% of the total trade worldwide including food, medicine, energy, and other essential items. According to the data released by United Nations Trade & Development, the maritime trade witnessed a growth of 2.4% in 2023 and is anticipated to further witness growth of over 2% from 2024 to 2028. Additionally, according to UNCTAD, after a decline in 2020, shipments grew by an estimated 3.2% to reach 11 billion tons, marking a significant improvement in 2021. This growth was observed in all developing regions, with Africa experiencing an estimated increase of 5.6%, Latin America and the Caribbean with 3%, and Asia remaining the leading maritime cargo handling center, accounting for 42% of goods loaded and 64% of goods unloaded in 2021. Thus, the rebounding of maritime cargo transportation activities has resulted in an increase in demand for tank cleaning chemicals required for tank cleaning to maintain operational efficiency and ensure the quality of stored cargo.

Solenis, a major global producer of specialty chemicals, increased prices for all its products in North and Latin America by 10-25% on February 24, 2022, or such as allowed by agreements with customers. The primary reason behind these rises is the growing expenses of raw materials, energy, transportation and packaging. This will be seen as an exaggeration but this can lead to some businesses accumulating higher operational costs that may lead to affecting their overall cost structure and reducing investments in water treatment solutions. As a result, the quality of water treatment processes might suffer, raising concerns about water safety and environmental impact. Cost-effective substitutes must be found by the industry, which would not jeopardize the quality of water treatment processes.

INCREASED INDUSTRIALIZATION IN DEVELOPING COUNTRIES

Increased industrialization in developing countries is a significant driver of the demand for tank cleaning chemicals. As developing countries experience rapid industrial growth, there is a greater need for tank cleaning to ensure operational efficiency and compliance with regulations. Industries such as oil and gas, chemicals, and manufacturing witness substantial growth in these countries, leading to an increased demand for regular tank cleaning to maintain equipment integrity and compliance with regulations. These industries rely heavily on tanks and vessels for the storage, processing, and transportation of raw materials, intermediate products, and finished goods.

According to the report published by BASF, the global production of chemicals is anticipated to grow by 2.4% in 2024 faster than the growth of 1.7% in 2023. Additionally, China witnessed a growth of 4% in the chemical production in 2024 compared to the previous year owing to the advancement in demand of chemicals from consumer goods and electronics in the country. Moreover, US is also anticipated to witness a growth of 1.1% compared to negative growth of -1.0% in 2023 owing to the weak industrial growth in the country.

Tank Cleaning Chemicals Market Segment Insights

Tank Cleaning Chemicals by Product Insights

The Tank Cleaning Chemicals Market segmentation, based on product has been segmented as Vat Detergents, Acidic Cleaners, Pre-Solves, Odor Controllers, Specialty Products, and Others. The acidic cleaners segment dominated the market with a revenue share of 35.98% in 2023 and expected to grow at CAGR of 4.85% in the forecast period. Acidic cleaners play a crucial role in the tank cleaning chemicals market, particularly in industries where mineral deposits and scale buildup are common challenges. These cleaners are designed to effectively remove a variety of mineral-based deposits, making them an essential tool for maintaining the cleanliness and efficiency of storage tanks. One of the primary applications of acidic cleaners is in the dairy industry. In this sector, milk stone, a combination of milk proteins and minerals, can accumulate on the surfaces of storage tanks.

Tank Cleaning Chemicals by Tank Insights

In 2023, the marine tanks segment held the market revenue share of 39.1% and this segment is expected to grow at a CAGR of 5.10% in the forecast period 2024-2032. Marine tanks encompass a broad category of tanks used in the maritime industry. Marine tanks, onboard ships and vessels, store various liquids such as fuel, water, and chemicals. These tanks are subject to strict regulations and guidelines to ensure the safe transportation of liquids. They require regular inspections, cleaning, and maintenance to prevent corrosion, leaks, and other potential hazards. Tank cleaning chemicals for marine tanks are designed to withstand harsh marine environments, effectively removing salt deposits, fuel residues, and other contaminants to prevent corrosion and maintain cargo quality during transportation.

Tank Cleaning Chemicals by End-User Insights

In 2023, the marine segment held the market revenue share of 35.2% and this segment is expected to grow at a CAGR of 5.02% in the forecast period 2024-2032. In the marine industry, tank cleaning chemicals are crucial for maintaining the cleanliness and integrity of tanks onboard ships and vessels. These chemicals are used to clean fuel tanks, ballast tanks, cargo tanks, and other critical components of maritime infrastructure. Tank cleaning chemicals in the marine industry are specifically formulated to remove residues such as oils, fuels, chemicals, and other substances that can accumulate in tanks during transportation or storage. Effective tank cleaning not only ensures the integrity of the cargo but also helps prevent cross-contamination and maintain compliance with safety and environmental regulations.

Tank Cleaning Chemicals Regional Insights

Based on Region, the Tank Cleaning Chemicals market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The robust growth of the chemicals, food & beverage, and marine industries in China, India, and Japan is fueling the demand for tank cleaning chemicals. According to CEFIC, the average chemical production growth in China and India accounted for 6.9% and 1.8% respectively compared to EU, Brazil, and U.S accounting for -0.03%, -0.1%, and -0.8% respectively from 2012 to 2022. Additionally, according to Invest India, the food processing industry in India is one of the largest in the world with its output anticipated to reach at USD 535 billion by 2025-2026.

Tank Cleaning Chemicals Key Market Players & Competitive Insights

The Tank Cleaning Chemicals Market is a highly competitive landscape characterized by intense rivalry, technological advancements, regulatory considerations, and a diverse range of players catering to various industry verticals. This dynamic environment is shaped by several key factors that influence the strategies and performances of market participants. One of the primary drivers of competition in this market is the increasing demand for efficient and environmentally friendly cleaning solutions. With stricter regulations governing industrial waste disposal and emissions, companies are compelled to innovate and develop products that not only deliver effective cleaning but also minimize environmental impact. This has led to a surge in research and development activities aimed at creating biodegradable, non-toxic, and sustainable cleaning chemicals.

The major key players in the market includes CTC Chemtec Chemicals GmbH, Wilhelmsen, Star Marine Chemicals, Ecolab Inc., Ertek Chemicals, TECO Chemicals AS, Marine Care, Vecom Marine, A-One Chemicals and Equipment, Inc., and Accepta. hese companies invest significantly in research and development to create innovative cleaning formulations that meet evolving customer needs. They focus on developing environmentally friendly, biodegradable, and high-performance cleaning solutions that comply with regulatory standards while delivering superior cleaning efficacy. With a growing emphasis on sustainability and environmental stewardship, these companies prioritize eco-friendly practices in their manufacturing processes, packaging materials, and product formulations. They promote sustainability certifications, green labeling, and eco-labeling to demonstrate their commitment to environmental responsibility and attract environmentally conscious customers.

Kemira announced an expansion of its ferric sulfate water treatment chemicals production plant in Goole, UK, in November 2023. In order to meet a part of that demand increase driven by stricter Asset Management Plan (AMP) 7&8 regulations regarding phosphorus and other nutrient discharge from wastewater treatment facilities contained in the Water Industry National Environment Programme (WINEP) in the UK Coagulant product supply has been augmented with additional investment by almost 70k tons. This development allows for a broader spectrum of chemicals used for purifying water supplies thereby facilitating growth within this sector.

CTC Chemtec Chemicals GmbH: CTC Chemtec Chemicals GmbH's success in the cleaning chemicals industry is underpinned by key strategies that have solidified its position as a global leader in tank cleaning solutions. The company's ISO 9001, 14001, and 45001 certifications serve as a testament to its unwavering dedication to producing high-quality products and delivering reliable services to clients worldwide. By investing in quality management systems and continuous employee training, CTC Chemtec Chemicals GmbH ensures that its products meet the highest standards of excellence. CTC Chemtec Chemicals GmbH's expansive global reach and robust supply chain infrastructure enable it to supply original tank cleaning chemicals to clients across the world. This extensive network has contributed to the company's reputation as a major global supplier of cleaning chemicals, built on a foundation of trust, reliability, and exceptional service. With a strong emphasis on customer satisfaction and a culture of innovation, CTC Chemtec Chemicals GmbH remains at the forefront of the industry. By prioritizing the needs of its clients and staying ahead of market trends through continuous research and development, the company ensures that its products and services consistently exceed expectations.

Star Marine Chemicals: Star Marine Chemicals prioritizes safety and quality by ensuring that most of its products carry the IMO (International Maritime Organization) certification, guaranteeing adherence to international maritime safety standards. The company's dedication to continuous improvement and innovation is evident through its substantial investments in research and development. By staying at the forefront of technology and product development, Star Marine Chemicals can introduce new and advanced solutions that cater to the changing requirements of its customers. This commitment to innovation not only drives the company's growth but also enables it to provide cutting-edge products that enhance maritime safety and efficiency. 

Key Companies in the Tank Cleaning Chemicals Market includes.

• CTC Chemtec Chemicals GmbH


• Wilhelmsen


• Star Marine Chemicals


• Ecolab Inc.


• Ertek Chemicals


• TECO Chemicals AS


• Marine Care


• Vecom Marine


• A-One Chemicals and Equipment, Inc.


• Accepta


• Others

Tank Cleaning Chemicals Industry Developments

February  2023: CTC Chemtec Chemicals GmbH successfully expanded its business fields by venturing into professional cleaning agents for industrial and tanker cleaning. The company secured its first customer in the tanker interior cleaning sector, welcoming TWS Truck Wash GmbH & Co. KG from Hamburg as a valued partner. TWS Truck Wash GmbH & Co. KG specializes in cleaning food residues like cocoa butter, chocolate, gluten, palm oils, and fatty acids. This strategic collaboration marks a significant milestone for CTC Chemtec Chemicals GmbH, as it diversifies its product offerings and strengthens its presence in the cleaning industry.

April 2023: Marine Care, a global leader in tank cleaning solutions, announced today that the construction of its new production facility in Rotterdam has reached a major milestone. The bulk storage tanks, a crucial component of the facility, have been successfully placed, marking a significant step forward in the project's progress.

In October 2023, CedarChem LLC was purchased by Solenis – a leading supplier of specialty chemicals for water-intensive industries. The main market for these products is industrial and municipal users who use them mostly in Southeastern United States. This acquisition is one way that Solenis serves its customers through its immediate go-to-market approach where it delivers better chemical applications as well as wastewater treatment and service solutions.

In September 2022, Toray Industries, Inc. established the Toray India Water Research Center in Chennai for this purpose. R&D on the application of the Japanese company’s membrane technology will be intensified by this institute to meet rising demands for the country’s provision of treatment.

Tank Cleaning Chemicals Market Segmentation

Tank Cleaning Chemicals Product Outlook

• Vat Detergents


• Acidic Cleaners


• Pre-Solves


• Odor Controllers


• Specialty Products


• Others

Tank Cleaning Chemicals Tank Outlook

• Chemical Tanks


• Fuel Tanks


• Water Transportation & Storage Tanks


• Marine Tanks


• Oil Tanks


• Others

Tank Cleaning Chemicals End-User Outlook

• Chemical


• Petrochemical


• Food & Beverages


• Manufacturing


• Marine


• Others

Tank Cleaning Chemicals Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Denmark
  
  
  • Norway
  
  
  • Sweden
  
  
  • Finland
  
  
  • Iceland
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Bangladesh
  
  
  • Australia & New Zealand
  
  
  • Indonesia
  
  
  • Singapore
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• South America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Chile
  
  
  • Rest of South America
  
  
  • Middle East & Africa
  
  
  
  


• Saudi Arabia
  
  
  
  • Qatar
  
  
  • UAE
  
  
  • Oman
  
  
  • Bahrain
  
  
  • Kuwait
  
  
  • South Africa
  
  
  • Rest of Middle East & Africa