Electronics Cleaning Solvents Market Size, Share, Sales, Demand & Growth by 2029
The electronics cleaning solvents industry is constantly advancing, and superior methods and
products are being developed to concur with advancements in the electronics field.
Electronics cleaning solvents add to the functional quality and longevity of electronic
components and products; hence, these have been gaining higher importance in the
electronics industry. Certain solvents also impart high insulation resistance characteristics to
components and devices, which boosts their demand for electronics cleaning.
The introduction of low-cost electronics cleaning solvents, such as hydrofluoroethers (HFEs),
which are designed to effectively remove solder flux residue from printed circuit boards,
along with their environmental and safety advantages over chlorinated solvents and ozonedepleting hydro-chlorofluorocarbons (HCFCs), is expected to drive the demand for
electronics cleaning solvents further. The global electronics cleaning solvent market is
projected to exhibit a value CAGR of 5.9% during the forecast period of 2022-2029.
“Stringent regulatory environmental norms have compelled manufacturers to focus on
products that result in minimal ozone depletion and contribution to global warming. One
such product type, fluorinated solvents, is witnessing significant demand, and is expected to
establish higher prominence in the electronics cleaning solvents market until a better
alternative surfaces.”
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Key Takeaways of Electronic Cleaning Solvents Study

Fluorinated solvents product type is anticipated to grow at a healthier rate. Its market
share is projected to increase due to its zero ozone depletion potential, low global
warming potential, and high solvency.

The separated co-solvent process uses formulated hydrocarbon solvents as cleaning
solvents and is extensively used in the PCB industry, owing to the extraordinary
cleaning results it provides.

Formulated hydrocarbon solvents have developed new opportunities in the electronics
cleaning solvents market over the years, and the segment is projected to witness
strong market growth, supported by rising preference for this type in PCB and
electronic industries.

APEJ and Japan, together, have established a lion’s share in the electronics cleaning
solvents market, owing to the expanding electronics and electrical industry in the
region. Together, the region holds over 70% of the electronics cleaning solvents
market share. Moreover, the electronics industry in the region is still at a growing
stage and is anticipated to flourish over the coming years.

The electronics industry is focusing on electronics miniaturization; hence,
nanotechnology and micro electromechanical systems (MEMS) are growing in
functionality as well as acceptance in a majority of applications among various
industries such as consumer electronics, automotive, aerospace, medical devices, and
others.
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