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Cleaner & Degreaser Aftermarket - Global Market Trajectory & Analytics

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    Report

  • 378 Pages
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140993
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
Frequently Asked Questions about the Global Market for Cleaner and Degreaser Aftermarket

What is the estimated value of the Global Market for Cleaner and Degreaser Aftermarket?

The Global Market for Cleaner and Degreaser Aftermarket was estimated to be valued at $39.9 Billion in 2020.

What is the growth rate of the Global Market for Cleaner and Degreaser Aftermarket?

The growth rate of the Global Market for Cleaner and Degreaser Aftermarket is 0.8%, with an estimated value of $42.3 Billion by 2027.

What is the forecasted size of the Global Market for Cleaner and Degreaser Aftermarket?

The Global Market for Cleaner and Degreaser Aftermarket is estimated to be worth $42.3 Billion by 2027.

Table of Contents

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