Global Industrial Degreaser Market Overview
As per MRFR analysis, the Industrial Degreaser Market Size was estimated at 3.82 (USD Billion) in 2022. The Industrial Degreaser Market Industry is expected to grow from 4.01(USD Billion) in 2023 to 6.2 (USD Billion) by 2032. The Industrial Degreaser Market CAGR (growth rate) is expected to be around 4.97% during the forecast period (2024 - 2032).
Key Industrial Degreaser Market Trends Highlighted
The industrial degreaser market exhibits several key trends that are shaping its growth trajectory. Firstly, the rising demand for eco-friendly and sustainable degreasing solutions is a major driver. Stringent environmental regulations and growing consumer awareness of environmental protection are pushing manufacturers to develop biodegradable and non-toxic degreasers. Secondly, the increasing adoption of advanced technologies, such as aqueous cleaning systems and ultrasonic cleaning, is driving market growth. These technologies offer enhanced cleaning efficiency, precision, and safety compared to traditional methods. Additionally, the growing demand for degreasing services from various industries, particularly automotive, manufacturing, and electronics, is contributing to market expansion. The market is also witnessing a shift towards automated degreasing systems, driven by the need for improved productivity and reduced labor costs.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Degreaser Market Drivers
Growing Demand for Environment-Friendly Industrial Degreasers
The increasing environmental concerns and stringent government regulations regarding the use of hazardous chemicals have led to a growing demand for environment-friendly industrial degreasers. These degreasers are formulated using biodegradable and non-toxic ingredients, making them safer for use in various industrial applications. They effectively remove contaminants and oils from surfaces without harming the environment or posing health risks to workers.The rising adoption of eco-friendly practices by industries is driving the demand for these sustainable degreasing solutions, contributing to the growth of the Industrial Degreaser Market Industry.
Expansion of Manufacturing Industries and Increased Industrialization
The expanding manufacturing sector and the increasing industrialization across the globe are significant factors driving the growth of the Industrial Degreaser Market Industry. The rising number of manufacturing facilities in industries such as automotive, aerospace, metalworking, and electronics requires efficient and reliable degreasing solutions to maintain equipment and ensure optimal performance. Industrial degreasers play a crucial role in removing contaminants, oils, and greases from machinery, components and surfaces, helping to prevent downtime, improve productivity, and extend the lifespan of equipment.
Technological Advancements and Innovation in Degreasing Processes
The Industrial Degreaser Market Industry is witnessing continuous advancements in degreasing technologies. Manufacturers are investing in research and development to introduce innovative degreasing solutions that offer improved efficiency, precision and cost-effectiveness. These advancements include the development of water-based degreasers, ultrasonic degreasing systems, and automated degreasing equipment. The adoption of these advanced technologies enables industries to enhance their degreasing processes, reduce waste generation, and improve overall operational efficiency, contributing to the growth of the market.
Industrial Degreaser Market Segment Insights
Industrial Degreaser Market Application Insights
Application Segment Insight and Overview The application segment plays a crucial role in shaping the dynamics of the Industrial Degreaser Market. Key applications include metalworking, automotive, electronics, food and beverage and pharmaceutical industries. Metalworking held a significant market share in 2023, driven by the need for efficient degreasing solutions in manufacturing processes. The increasing adoption of automated systems and the growing demand for high-precision components are expected to further boost the segment's growth.The automotive industry is another major consumer of industrial degreasers. The need for thorough cleaning and degreasing of automotive parts and components to ensure optimal performance and durability is driving segment growth. The rise in vehicle production and the adoption of advanced manufacturing techniques are anticipated to contribute to the segment's expansion. Electronics manufacturing also relies heavily on industrial degreasers for precision cleaning of electronic components and assemblies. The increasing miniaturization of electronic devices and the growing demand for high-reliability products are expected to drive segment growth.The food and beverage industry utilizes industrial degreasers for cleaning and sanitizing equipment and surfaces. The stringent hygiene and safety regulations in the food and beverage sector are expected to support segment growth. The pharmaceutical industry also employs industrial degreasers for cleaning and sterilizing equipment and facilities. The need to maintain aseptic conditions and ensure product quality is driving segment growth. Overall, the application segment is expected to witness robust growth over the forecast period, driven by the increasing demand for industrial degreasers across various industries.The growing focus on efficiency, precision cleaning, and hygiene is expected to fuel segment expansion.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Degreaser Market Solvent Type Insights
The Industrial Degreaser Market is segmented by Solvent Type into Chlorinated Solvents, Petroleum-Based Solvents, Water-Based Solvents and Biodegradable Solvents. Among these, Chlorinated Solvents held the largest market share in 2023, owing to their strong solvency power and ability to remove tough contaminants. However, stringent environmental regulations and health concerns associated with their use are expected to hinder their growth in the coming years. Petroleum-Based Solvents are expected to witness steady growth due to their low cost and availability.Water-Based Solvents are gaining popularity as they are more environmentally friendly and less toxic than other solvent types. Biodegradable Solvents are also witnessing increased demand as they offer a sustainable and eco-friendly alternative to traditional solvents. The Industrial Degreaser Market revenue from Water-Based Solvents is projected to reach USD 1.2 billion by 2032, growing at a CAGR of 5.2% during the forecast period.
Industrial Degreaser Market Form Insights
The Industrial Degreaser Market is segmented by form into liquid, aerosol, gel and solid. Among these, the liquid segment is expected to hold the largest market share during the forecast period, owing to its ease of application and versatility. The liquid form of industrial degreasers can be easily applied to surfaces using a variety of methods, including spraying, wiping and brushing. This makes them suitable for a wide range of applications, including degreasing metal parts, cleaning machinery and removing oil and grease from floors.The aerosol segment is expected to grow at a significant rate during the forecast period, due to its convenience and portability. Aerosol degreasers are easy to use and can be applied to hard-to-reach areas. They are also ideal for use in confined spaces, as they do not require the use of a solvent tank. The gel segment is expected to account for a small share of the market, due to its limited applications. Gel degreasers are typically used for heavy-duty cleaning applications, such as removing grease and oil from engines and machinery. The solid segment is also expected to account for a small share of the market, due to its limited applications.Solid degreasers are typically used for cleaning small parts and components.
Industrial Degreaser Market End-User Industry Insights
The Industrial Degreaser Market is segmented by End-User Industry into Manufacturing, Transportation, Healthcare, Oil and Gas and Aerospace. The Manufacturing segment held the largest market share in 2023, and is expected to continue to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing demand for industrial degreasers in the manufacturing of automobiles, machinery, and other industrial equipment. The Transportation segment is expected to witness a significant growth rate during the forecast period, owing to the rising demand for industrial degreasers in the maintenance and repair of vehicles.The increasing demand for industrial degreasers in hospitals and clinics is driving the growth of the Healthcare segment. The Oil and Gas segment is also expected to witness a steady growth rate during the forecast period, due to the increasing demand for industrial degreasers in the exploration and production of oil and gas. The Aerospace segment is expected to witness a moderate growth rate during the forecast period, owing to the increasing demand for industrial degreasers in the manufacturing and maintenance of aircraft.
Industrial Degreaser Market Regional Insights
The regional market segmentation of the Industrial Degreaser Market offers valuable insights into the varying market dynamics across different regions. North America, Europe, APAC, South America and MEA represent key regional segments in the market. Among these, North America and Europe collectively accounted for a significant portion of the Industrial Degreaser Market revenue in 2023, driven by stringent regulations, advanced manufacturing industries, and a growing emphasis on industrial cleaning. The APAC region is projected to exhibit substantial growth potential during the forecast period, owing to the rapid industrialization and urbanization in countries like China and India.South America and MEA markets are anticipated to contribute a smaller share to the overall market revenue but present opportunities for growth due to increasing investments in infrastructure and manufacturing sectors. Comprehensive data on regional market size, growth rates, and competitive landscapes provides valuable information for businesses seeking to expand their presence or establish a foothold in specific regions of the Industrial Degreaser Market.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Industrial Degreaser Market Key Players And Competitive Insights
Major players in Industrial Degreaser Market are focusing on developing new and innovative degreasing solutions to meet the evolving needs of end-users. Leading Industrial Degreaser Market players are investing in research and development to improve the performance and efficiency of their degreasing products. The Industrial Degreaser Market industry is expected to witness significant growth over the next few years, driven by increasing demand from various end-use industries such as automotive, manufacturing, and aerospace. Key Industrial Degreaser Market players are adopting various strategies to gain a competitive advantage, including mergers and acquisitions, partnerships, and new product launches. The Industrial Degreaser Market development is being driven by factors such as increasing adoption of automated cleaning systems, stringent environmental regulations, and growing awareness about the importance of industrial hygiene.A major player in the Industrial Degreaser Market, Zep Inc., offers a wide range of degreasing solutions for various industries. The company's degreasing products are formulated to meet specific cleaning requirements and comply with environmental regulations. Zep Inc. has a strong presence and a well-established distribution network. Another key player, Ecolab, Inc., provides a comprehensive portfolio of degreasing products and services. The company's degreasing solutions are designed to enhance cleaning efficiency and minimize environmental impact. Ecolab, Inc. has a strong focus on sustainability and offers biodegradable and low-VOC degreasing products.Diversey Holdings, Ltd. is another leading player in the Industrial Degreaser Market. The company offers a wide range of degreasing products, including water-based, solvent-based, and ultrasonic degreasers. Diversey Holdings, Ltd. has a presence and provides customized degreasing solutions to meet the specific needs of its customers. The company is committed to innovation and continuously develops new and improved degreasing products.
Key Companies in the Industrial Degreaser Market Include
- Stepan Company
- Solvay S.A.
- Sasol Ltd
- Clariant AG
- BASF SE
- Croda International Plc
- Ashland Holdings Inc.
- The Dow Chemical Company
- AkzoNobel N.V.
- Evonik Industries AG
- Chemours Company
- Ecolab Inc
- Huntsman Corporation
- Innospec Inc.
- Eastman Chemical Company
Industrial Degreaser Market Industry Developments
The industrial degreaser market is projected to reach USD 6.2 billion by 2032, exhibiting a CAGR of 4.97% during the forecast period (2024-2032). Rising demand from the manufacturing and automotive industries, coupled with increasing environmental regulations, is expected to drive market growth. Key industry participants are focusing on developing eco-friendly degreasers to meet stringent environmental standards. Recent developments include the launch of biodegradable and water-based degreasers, offering effective cleaning while minimizing environmental impact.
Technological advancements, such as ultrasonic cleaning and laser degreasing, are also gaining traction due to their efficiency and precision. Overall, the market remains competitive, with established players and emerging startups investing in research and development to cater to evolving customer needs and industry trends.
Industrial Degreaser Market Segmentation Insights
- Industrial Degreaser Market Application Outlook
- Metalworking
- Automotive
- Electronics
- Food and Beverage
- Pharmaceutical
- Industrial Degreaser Market Solvent Type Outlook
- Chlorinated Solvents
- Petroleum-Based Solvents
- Water-Based Solvents
- Biodegradable Solvents
- Industrial Degreaser Market Form Outlook
- Industrial Degreaser Market End-User Industry Outlook
- Manufacturing
- Transportation
- Healthcare
- Oil and Gas
- Aerospace
- Industrial Degreaser Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.82(USD Billion) |
| Market Size 2023 |
4.01(USD Billion) |
| Market Size 2032 |
6.2(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.97% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Stepan Company, Solvay S.A., Sasol Ltd, Clariant AG, BASF SE, Croda International Plc, Ashland Holdings Inc., The Dow Chemical Company, AkzoNobel N.V., Evonik Industries AG, Chemours Company, Ecolab Inc, Huntsman Corporation, Innospec Inc., Eastman Chemical Company |
| Segments Covered |
Application, Solvent Type, Form, End-User Industry, Regional |
| Key Market Opportunities |
1.      Growing demand from manufacturing industries 2.      Rising adoption of ecofriendly degreasers 3.      Increased focus on workplace safety 4.      Technological advancements in degreasing solutions 5.      Expanding applications in various end-use industries |
| Key Market Dynamics |
1.      Rising demand for ecofriendly degreasers 2.      Increasing adoption of automation in degreasing processes 3.      Growing preference for water-based degreasers 4.      Expanding the use of degreasers in the aerospace and automotive industries 5.      Strict environmental regulations and focus on sustainability |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Industrial Degreaser Market was valued at approximately USD 4.01 billion in 2023 and is expected to grow at a CAGR of 4.97% from 2024 to 2032, reaching a value of USD 6.2 billion by 2032.
Asia Pacific is the largest regional market for industrial degreasers, accounting for over 40% of the market share in 2023. The region's growing manufacturing sector, particularly in China and India, has driven the demand for industrial degreasers.
The growth of the Industrial Degreaser Market is primarily driven by the increasing demand from various end-use industries, including manufacturing, automotive, and aerospace. The growing awareness of environmental regulations and the need for efficient cleaning solutions are also contributing to the market's growth.
Industrial degreasers are used in a wide range of applications, including cleaning metal parts, removing grease and oil from machinery, and preparing surfaces for painting or coating. They are also used in the electronics industry for cleaning circuit boards and other components.
The major competitors in the Industrial Degreaser Market include Ecolab, BASF, The Dow Chemical Company, Henkel AG & Co. KGaA, Stepan Company, Solvay, and Chevron Phillips Chemical Company LLC.
The Industrial Degreaser Market faces challenges such as stringent environmental regulations, the availability of substitutes, and the potential for health hazards associated with the use of certain degreasing chemicals.
Key trends in the Industrial Degreaser Market include the growing adoption of water-based and biodegradable degreasers, the development of automated degreasing systems, and the increasing demand for environmentally friendly solutions.
The Industrial Degreaser Market is expected to grow at a CAGR of 4.97% from 2023 to 2032.
The growth of the Industrial Degreaser Market in Asia Pacific is primarily driven by the region's rapidly growing manufacturing sector, particularly in China and India. The increasing awareness of environmental regulations and the need for efficient cleaning solutions are also contributing to the market's growth in the region.
Key growth opportunities for the Industrial Degreaser Market in the coming years include the increasing demand for water-based and biodegradable degreasers, the development of automated degreasing systems, and the growing adoption of environmentally friendly solutions. The market is also expected to benefit from the growing manufacturing sector in emerging economies.
