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Cleaner & Degreaser Aftermarket - Global Market Trajectory & Analytics

  • ID: 5140993
  • Report
  • April 2021
  • Region: Global
  • 378 pages
  • Global Industry Analysts, Inc
Global Cleaner and Degreaser Aftermarket Market to Reach $42.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Cleaner and Degreaser Aftermarket estimated at US$39.9 Billion in the year 2020, is projected to reach a revised size of US$42.3 Billion by 2027, growing at a CAGR of 0.8% over the period 2020-2027. Water-Based, one of the segments analyzed in the report, is projected to record 1.6% CAGR and reach US$21.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solvent-Based segment is readjusted to a revised 0% CAGR for the next 7-year period.



The U.S. Market is Estimated at $10.8 Billion, While China is Forecast to Grow at 2% CAGR

The Cleaner and Degreaser Aftermarket market in the U.S. is estimated at US$10.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.3% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.

Select Competitors (Total 42 Featured):
  • 3M Company
  • Abro Industries Inc.
  • BASF SE
  • DowDuPont, Inc.
  • Fuchs Petrolub SE
  • Penray
  • WD-40 Company
  • Wurth USA Inc.
  • Zep
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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