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Californian industrial degreasing solvents
Industrial degreasers are effective cleaning solutions used in industrial and commercial facilities and have a CAGR of 2.8%
PORTLAND, OREGON, USA, Oct 7, 2021 /EINPresswire.com/ – California Industrial Degreasing Solvents Market by Product (Oxygenated Solvents, Halogenated Solvents, Hydrocarbon Solvents, and Green Solvents) and End Use Industry (Paint, Coating and Adhesives Manufacturing; Manufacture of other chemicals and preparations; Manufacture of pesticides, fertilizers and other agricultural chemicals; Manufacture of pharmaceuticals and drugs; Automotive repair and maintenance; Manufacture of basic chemicals et al): Global Opportunity Analysis and Industry Forecast, 2020-2027
The California industrial degreasing solvents market was valued at $ 7.1 million in 2019 and is expected to reach $ 8.9 million by 2027, with a CAGR of 2.8% from 2020 to 2027.
Industrial degreasers are effective cleaning solutions used in industrial and commercial facilities. It includes degreasing solvents. Industrial degreasers have alkaline or acidic characteristics that help remove grease from various industrial surfaces. Degreasing solvents are cleaning products specially developed to remove oils, grease, dirt and the like. Some of the degreasing solvents are compatible with various materials such as metals, plastics and elastomers. It reacts chemically with the grease particles and produces a deep cleaning effect. Different types of solvent mixtures are also used as industrial degreasing solvents. Degreasers offer many benefits such as deep cleaning, effortless application, saving time, cost efficiency, etc. Some of the equipment used in industries to remove contaminants such as grease are steam degreasers, prepreg hand wipes, aerosols and others.
Rising average vehicle age and increasing demand for water-based degreasers are driving the growth of the California industrial degreasing solvents market. However, increasing environmental and health concerns regarding solvent based degreasers is hampering market growth. On the other hand, the emergence of the electronics sector presents new opportunities in the years to come.
Download a sample PDF (179 PDF pages with Insights):
Covid-19 scenario:
Manufacturing activities for various types of products have come to a standstill partially or completely due to lockdown imposed by governments in many countries. In addition, a shortage of raw materials occurred.
As day-to-day operations in end-use industries such as paints, coatings, automotive, and others came to a halt, the demand for industrial degreasing solvents declined. However, demand would increase steadily during the post-containment period.
The report offers detailed segmentation of the California Industrial Degreasing Solvents market on the basis of product and end-use industry.
On a product basis, the oxygenated degreasing solvents segment accounted for the highest market share in 2019, contributing more than two-fifths of the total market share, and is expected to maintain its leading status during the period of forecast. However, the green degreasing solvents segment is expected to post the highest CAGR of 4.4% from 2020 to 2027.
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Based on end-use industry, the automotive repair and maintenance segment held the highest share in 2019, accounting for over a fifth of the California industrial degreasing solvent market, and is expected to retain its leading position during the forecast period. However, the pharmaceutical and drug manufacturing segment is expected to experience the fastest CAGR of 4.2% from 2020 to 2027.
The major California industrial degreasing solvents market players analyzed in the research include BASF SE, Royal Dutch Shell Plc, RB Products, Inc., Jayne Products, Wego Chemical Group, CRC Industries, Inc., Keteca Water Works, LyondellBasell Industries NV , Columbus Chemical Industries, Honeywell International Inc., Dow Inc., Arkema and Eastman Chemical Company.
Interested in obtaining this report? Visit here:
Rising average vehicle age and increasing demand for water-based degreasers are driving the growth of the California industrial degreasing solvents market. However, increasing environmental and health concerns regarding solvent based degreasers is hampering market growth. On the other hand, the emergence of the electronics sector presents new opportunities in the years to come.
Download a sample PDF (179 PDF pages with Insights):
Covid-19 scenario:
Manufacturing activities for different types of products have come to a standstill partially or completely due to government-imposed lockdowns in many countries. In addition, a shortage of raw materials occurred.
As day-to-day operations in end-use industries such as paints, coatings, automotive, and others came to a halt, the demand for industrial degreasing solvents declined. However, demand would increase steadily during the post-containment period.
The report offers detailed segmentation of the California Industrial Degreasing Solvents market on the basis of product and end-use industry.
On a product basis, the oxygenated degreasing solvents segment accounted for the highest market share in 2019, contributing more than two-fifths of the total market share, and is expected to maintain its leading status during the period of forecast. However, the green degreasing solvents segment is expected to post the highest CAGR of 4.4% from 2020 to 2027.
Request the Covid19 impact assessment @
Based on end-use industry, the automotive repair and maintenance segment held the highest share in 2019, accounting for over a fifth of the California industrial degreasing solvent market, and is expected to retain its leading position during the forecast period. However, the pharmaceutical and drug manufacturing segment is expected to experience the fastest CAGR of 4.2% from 2020 to 2027.
The major California industrial degreasing solvents market players analyzed in the research include BASF SE, Royal Dutch Shell Plc, RB Products, Inc., Jayne Products, Wego Chemical Group, CRC Industries, Inc., Keteca Water Works, LyondellBasell Industries NV , Columbus Chemical Industries, Honeywell International Inc., Dow Inc., Arkema and Eastman Chemical Company.
Interested in obtaining this report? Visit here:
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