Worldwide Degreasing Agent Market Insights: Industry Size, Growth Analysis and Forecast
Report ID : 1309340 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Degreasing Agent Market is categorized based on Type (Solvent-Based Degreasers, Water-Based Degreasers, Bio-Based Degreasers, Powder Degreasers) and Application (Automotive, Aerospace, Industrial Equipment, Electronics, Food Processing) and End-User Industry (Manufacturing, Oil & Gas, Construction, Marine, Household) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Degreasing Agent Market size was $4.5 billion and is projected to grow to $7.2 billion by 2033, registering a CAGR of 5.0% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
The market for degreasing agents has developed into a significant sub market of the more wider industrial market, representing the need for quality cleaning products in the industry. There is a strong need for effective cleaning solutions with the rise of new advances in automation and environmental sustainability across the automotive, aerospace, manufacturing, and food processing industries. These cleaning agents are used to dissolve grease, oil, and other contaminants from surfaces for the proper maintenance of machinery and equipment for maximum performance and durability.
Global concern on environment is now shifting the paradigm of the degreasing agent market. There has been a notable push towards innovation in formulating new biodegradable and non-toxic products which address compliance requirements and offer effective cleaning. Doing so not only meets customer need, but helps the business to remain profitable in a market that is ever increasing in its social responsibility. As we analyze the degreasing agent market, understanding the prominent, drivers, constraining, and emergent socio-economic factors is important.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | BASF SE, Ecolab Inc., Henkel AG & Co. KGaA, Diversey Holdings Ltd., Solvay S.A., 3M Company, Kyzen Corporation, Zep Inc., Wurth Group, Corteva Agriscience, Cognis GmbH |
| SEGMENTS COVERED |
By Type - Solvent-Based Degreasers, Water-Based Degreasers, Bio-Based Degreasers, Powder Degreasers
By Application - Automotive, Aerospace, Industrial Equipment, Electronics, Food Processing
By End-User Industry - Manufacturing, Oil & Gas, Construction, Marine, Household
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Degreasing Agent Market Dynamics
The Degreasing Agent Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Degreasing Agent Market Segmentations
Market Breakup by Type
- Overview
- Solvent-Based Degreasers
- Water-Based Degreasers
- Bio-Based Degreasers
- Powder Degreasers
Market Breakup by Application
- Overview
- Automotive
- Aerospace
- Industrial Equipment
- Electronics
- Food Processing
Market Breakup by End-User Industry
- Overview
- Manufacturing
- Oil & Gas
- Construction
- Marine
- Household
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Degreasing Agent Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- BASF SE
- Ecolab Inc.
- Henkel AG & Co. KGaA
- Diversey Holdings Ltd.
- Solvay S.A.
- 3M Company
- Kyzen Corporation
- Zep Inc.
- Wurth Group
- Corteva Agriscience
- Cognis GmbH
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