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2021
California Industrial Degreasing Solvents Market

California Industrial Degreasing Solvents Market

by Product (Oxygenated Solvents, Halogenated Solvents, Hydrocarbon Solvents, and Green Solvents) and End-Use Industry (Paint, Coating, and Adhesive Manufacturing; Other Chemical Product and Preparation Manufacturing; Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing; Pharmaceutical and Medicine Manufacturing; Automotive Repair and Maintenance; Basic Chemical Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A11108
Pages: 179
Apr 2021 | 2232 Views
Author(s) : Pratik Mandon, Amit Narune , Eswara Prasad
Tables: 100
Charts: 42
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California Industrial Degreasing Solvents Market Outlook - 2020-2027

The California industrial degreasing solvents market was valued at $7.1 million in 2019 and is projected to reach $8.9 million by 2027, growing at a CAGR of 2.8% from 2020 to 2027. 

Industrial degreasers are effective cleaning solutions used in industrial and commercial facilities. It comprises grease-cutting solvents. Industrial degreasers have alkaline or acidic characteristics that help remove grease from different industrial surfaces. Degreasing solvents are cleaning products especially developed to remove oils, grease, grime, and others. Some of the degreasing solvents are compatible with various materials such as metals, plastics, and elastomers. It reacts with grease particles chemically and produces a deep cleaning effect. Different types of solvent blends are also used as industrial degreasing solvents. Degreasers offer numerous advantages such as deep cleaning, effortless application, time saving, cost-effective, and others. Some of the equipment used in industries for remove contaminants such as grease are vapor degreaser, pre-saturated hand wipes, aerosol spray, and others. 

California-Industrial-Degreasing-Solvents-Market

The California industrial degreasing solvents market is driven by factors such as increased average age of vehicles, increased demand for water-based degreasers, and others. In addition, the consumer awareness regarding disadvantages of solvent-based degreasers boosts the demand for water-based degreasers. However, rise in environmental and health concerns regarding solvent-based degreasers is one of the factors hindering the California industrial degreasing solvents market growth. In addition, rise in stringent government regulations regarding some of the solvents is one of the main challenges for the players active in the California industrial degreasing solvents market. 

The California industrial degreasing solvents market is segmented on the basis of product and end-use industry. On the basis of product, the market is categorized into oxygenated solvents, halogenated solvents, hydrocarbon solvents, and green solvents. Oxygenated solvents are further bifurcated into alcohol, ester, ketones, and glycols. Halogenated solvent segment is further classified into methylene chloride. Hydrocarbon solvents are further classified into petroleum derivatives and aromatics. Green solvents are further divided into bio-alcohol, bio-glycol, and others. Based on the end-use industry, the California industrial degreasing solvents market is classified into paint, coating, and adhesive manufacturing; other chemical product and preparation manufacturing; pesticide, fertilizer, and other agricultural chemical manufacturing; pharmaceutical and medicine manufacturing; automotive repair and maintenance; basic chemical manufacturing; and others.  The California industrial degreasing solvents market share is analyzed for each and every segments.

The California industrial degreasing solvents market analysis covers in-depth information of the major industry participants. Some of the major players in the California industrial degreasing solvents market include BASF SE, RB Products, Inc., Royal Dutch Shell Plc, Wego Chemical Group, Jayne Products, Keteca Water Works, CRC Industries, Inc., Columbus Chemical Industries, LyondellBasell Industries N.V., Dow Inc., Honeywell International Inc., Arkema, and Eastman Chemical Company.  

California Industrial Degreasing Solvents Market
By Product

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Oxygenated Degreasing Solvent is projected as the most lucrative segment.

By product, the oxygenated degreasing solvent garnered 40.1% share in 2019, in terms of volume. This is attributed to its benefits such as high solvency power, low toxicity, and others. Moreover, oxygenated solvents such as alcohol-based solvents have relatively low cost and high dissolution power.

On the basis of product, halogenated degreasing solvents garnered 19.6% market share in the California industrial degreasing solvents market in terms of revenue in 2019. As compared to oxygenated and hydrocarbon solvents, the demand for halogenated solvent is less as it contains ozone depletion compounds.

Based on the product, hydrocarbon degreasing solvents garnered 36.1% market share in 2019 in terms of volume.  Hydrocarbon degreasing solvents can be categorized into two types, that is, aromatic and aliphatic. Both play a significant role in degreasing, and some industrial cleaning products comprise both of them. A major benefit of hydrocarbon solvent-based degreasers is that it does not utilize much of water.

Green degreasing solvent garnered 8.6% market share in California industrial degreasing solvents market in terms of volume in 2019. The major growth factor that drives the demand for green solvents in degreasing application is rise in stringent environmental regulations to reduce volatile organic compounds. However, the cost and performance issues are anticipated to hinder the growth for green solvents in California.

California Industrial Degreasing Solvents Market
By End-use Industry

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Automotive repair and maintenance is projected as the most lucrative segment.

By end-use industry, the automotive repair and maintenance segment garnered 21.0% share in 2019 in terms of volume. This is attributed to presence of established consumer base. According to the California Bureau of Automotive Repair, there are close to 35,000 automotive repair dealers in 2019. Hence, the demand for degreaser solvents in California is expected to grow steadily over the years. Automotive repairers use non-chlorinated hydrocarbon-based aerosol spray degreasers for brake part cleaning applications.

On the basis of end-use industry, other chemical product and preparation manufacturing segment garnered 16.5% share in terms of volume in 2019. This is attributed to increased focus toward reducing occupational hazards. This factor further plays a major role in California, which has a well-established oil & gas industry as well as mining industry.  In oil and gas industry solvents based degreasers are used for cleaning internal pipes.

Key benefits for stakeholders

  • The California industrial degreasing solvents market forecast is studied from 2020 to 2027.
  • The report outlines the trends of the California degreasing solvents market for 2019 to understand the potential investment pockets.
  • Shelf-life analysis for solvents is also covered in the study.
  • The California industrial degreasing solvents market size is provided in terms of volume and revenue.
  • The report provides an in-depth analysis of the market with the current trends and impact of key government regulations on the market.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The study provides a comprehensive analysis of the factors that drive and restrain the California industrial degreasing solvents market.

Key market segments

By Product 

  • Oxygenated Solvents
    • Alcohol
    • Ester
    • Ketones
    • Glycols 
  • Halogenated Solvents
    • Methylene Chloride 
    • Hydrocarbon Solvents
    • Petroleum Derivatives
    • Aromatics 
  • Green Solvents
    • Bio-alcohol
    • Bio-glycol
    • Others

By End-Use Industry

  • Paint, Coating, and Adhesive Manufacturing
  • Other Chemical Product and Preparation Manufacturing
  • Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing
  • Pharmaceutical and Medicine Manufacturing 
  • Automotive Repair and Maintenance
  • Basic Chemical Manufacturing
  • Others
 

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According to the perspectives of the CXOs of leading companies, the market is highly regulated because of which companies have to produce degreasers as per solvents allowed in the state. The market has stringent government and health regulation, owing to presence of volatile organic compounds (VoCs). Moreover, the stringent regulations have led to consumer awareness regarding disadvantages of solvents-based degreasers and increased the demand for water-based degreasers, which drive the market growth.

 

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FREQUENTLY ASKED QUESTIONS?

A. Increased average age of vehicles and increased demand for water-based degreasers are factors boosting the California industrial degreasing solvents market growth.

A. The market value of California Industrial Degreasing Solvents is $7.1 Million in 2019.

A. BASF SE, RB Products, Inc., Royal Dutch Shell Plc, Wego Chemical Group, LyondellBasell Industries N.V., Dow Inc., Arkema, and Eastman Chemical Company.

A. Automotive Repair and Maintenance and Electrons industries are some of the industry projected to increase the demand for Industrial Degreasing Solvents Market in California.

A. Product and end-use industry are the segments cleared in the California industrial degreasing solvents market report.

A. The increased consumer awareness regarding disadvantages of solvents-based degreasers is boosting the demand for water-based degreasers. This is one of the drivers of the California Industrial Degreasing Solvents Market

A. Increasing electronic industry is expected to drive the adoption of industrial degreasers in California

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