The global industrial degreaser market size reached US$ 19.03 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 25.95 Billion by 2027, exhibiting a CAGR of 5.31% during 2021-2027.
Industrial degreaser refers to water- or solvent-based cleaning chemicals that are formulated to remove various water-insoluble substances, including lubricants, corrosion dust, and heavy oils from hard surfaces and metals. It is commercially manufactured by combining several ingredients, such as saponifies, emulsifiers, alkalizes, inhibitors, chelating, and sequestering agents, in varying degrees. It can be further composed through the do-it-yourself (DIY) technique, wherein diverse natural ingredients, including baking soda, lemon, vinegar, liquid soap, and essential oils, are blended to develop the product. Industrial degreaser helps remove contaminants and unwanted materials from different machine parts, protect them against damage to ensure their quality, and provide a unique cleaning experience. Apart from this, industrial degreasers are anti-corrosive, inexpensive, have high dielectric strength, and comprise better rusting properties. As a result, they are used on concrete and metal surfaces, non-aluminum equipment, motors, appliances, and floors for cleaning purposes.
Industrial degreaser refers to water- or solvent-based cleaning chemicals that are formulated to remove various water-insoluble substances, including lubricants, corrosion dust, and heavy oils from hard surfaces and metals. It is commercially manufactured by combining several ingredients, such as saponifies, emulsifiers, alkalizes, inhibitors, chelating, and sequestering agents, in varying degrees. It can be further composed through the do-it-yourself (DIY) technique, wherein diverse natural ingredients, including baking soda, lemon, vinegar, liquid soap, and essential oils, are blended to develop the product. Industrial degreaser helps remove contaminants and unwanted materials from different machine parts, protect them against damage to ensure their quality, and provide a unique cleaning experience. Apart from this, industrial degreasers are anti-corrosive, inexpensive, have high dielectric strength, and comprise better rusting properties. As a result, they are used on concrete and metal surfaces, non-aluminum equipment, motors, appliances, and floors for cleaning purposes.
Industrial Degreaser Market Trends:
Rapid industrialization and the increasing need for effective solvent-based liquid cleaning agents have facilitated the widespread adoption of industrial degreasers across various sectors, which, in turn, is primarily driving the market growth. They offer a safe working environment and reduce labor costs by removing dirt, grease, and oil from industrial or farm equipment, metals, and lawn mowers. Additionally, the enforcement of the current good manufacturing practice (CGMP) acts by governments to ensure optimal workplace sanitation in diverse manufacturing industries is further supplementing the product demand across the globe. Moreover, the escalating consumer awareness regarding the detrimental effects of chemical cleaners has prompted manufacturers to compose eco-friendly, bio-based degreasers with zero to low volatile organic compounds (VOCs), which is propelling the market growth. Furthermore, the extensive utilization of industrial degreasers in the automotive sector to remove unwanted grim substances from various vehicle parts is favoring the market growth. Apart from this, significant product innovations by key players and their easy availability in diverse forms are positively augmenting the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global industrial degreaser market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, grade and application.Breakup by Type:
- Water-Based
- Solvent-Based
Breakup by Grade:
- Liquid-Based
- Petroleum Based
- Bio-Based
- Others
Breakup by Application:
- Automotive
- Manufacturing
- Pharmaceutical
- Aviation
- Others
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Abro Industries Inc., BG Products Inc., Callington Haven Pty Ltd., Carroll Company (FGL Group), Claire-Sprayway Inc. (Plaze Inc.), Dow Inc., Nyco Products Company, Oil Technics Ltd, Stepan Company, Superior Industries Inc. and Valvoline Inc.Key Questions Answered in This Report:
- How has the global industrial degreaser market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global industrial degreaser market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global industrial degreaser market and who are the key players?
- What is the degree of competition in the industry?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | November 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( Billion
| Billion 19.03 Billion |
| Forecasted Market Value ( Billion
| Billion 25.95 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Industrial Degreaser Market
6 Market Breakup by Type
7 Market Breakup by Grade
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- Abro Industries Inc.
- BG Products Inc.
- Callington Haven Pty Ltd.
- Carroll Company (FGL Group)
- Claire-Sprayway Inc. (Plaze Inc.)
- Dow Inc.
- Nyco Products Company
- Oil Technics Ltd
- Stepan Company
- Superior Industries Inc.
- Valvoline Inc.
Methodology
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