Uploaded by Steven Roberts

Technological Advances in Cleaning Formulations Boost Market Expansion"

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Overview :
Cleaner and Degreaser Aftermarket size is expected to be worth around USD 47.7 billion
by 2033, from USD 41.5 billion in 2023, growing at a CAGR of 1.4% during the forecast
period from 2023 to 2033.
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The Cleaner and Degreaser Aftermarket refers to the segment of the market that deals with
products designed for cleaning and degreasing purposes, which are sold after the initial
sale of a product. This secondary market encompasses various products used to remove
dirt, grease, oil, stains, and other contaminants from a variety of surfaces, including
machinery, automotive parts, engines, industrial equipment, and household appliances.
The term "aftermarket" indicates that these products are not sold by the original
manufacturer but by other suppliers, distributors, and retailers who offer cleaning and
degreasing solutions to consumers and businesses.
This aftermarket sector includes a wide range of products such as general-purpose
cleaners, specialized degreasers for specific industries, environmentally friendly solutions,
and industrial-strength degreasers. It also involves various accessories like brushes, cloths,
sprayers, and applicators used alongside these products.
The Cleaner and Degreaser Aftermarket is crucial for maintaining and ensuring the
cleanliness and efficiency of equipment and surfaces, helping them remain in optimal
condition and comply with safety and regulatory standards. This market supports the
ongoing maintenance and operational efficiency across multiple industries, making it an
essential component of industrial and commercial upkeep.
Key Маrkеt Ѕеgmеntѕ:
By Part Types:
● Cleaner Aftermarket
● Degreaser Aftermarket
By Product Type:
● Water-based
● Solvent-based
● Biobased
By Application:
● Automotive
● Aerospace
● Marine
● Machinery and Equipment
● Building and Construction
● Others
By Packaging:
● Aerosol Cans
● Spray Bottles
● Drums
● Others
By Part Types:
In 2023, the Cleaner Aftermarket held a dominant position with over 55.4% market share,
driven by the demand for general cleaning products across various sectors. This segment
includes multi-surface cleaners, glass cleaners, and bathroom cleaners essential for
maintaining hygiene in homes, offices, and commercial spaces.
By Product Type:
Water-based cleaner and degreaser products led the market with a 48.5% share in 2023,
favored for their environmental friendliness and low toxicity. These products are widely used
in household, industrial, and automotive applications, aligning with the growing demand for
eco-friendly solutions.
By Application:
In 2023, the automotive sector dominated with a 32.3% share, using cleaners and
degreasers for vehicle maintenance and engine cleaning. This segment is crucial for
removing grease, oil, and dirt from automotive parts, ensuring optimal performance.
By Packaging:
Spray bottles were the most popular packaging option in 2023, holding a 36.7% market
share due to their convenience and versatility. These bottles are easy to use and suitable
for various cleaning applications in both household and commercial settings.
Маrkеt Кеу Рlауеrѕ:
● BASF SE
● The 3M Company
● Dow Inc.
● Wurth USA Inc.
● DuPont de Nemours Inc.
● Zep Inc.
● PLZ Aeroscience Corporation
● ABRO Industries Inc.
● Treo Engineering Private Limited
● The Claire Manufacturing Company
● Airosol Company Inc.
● Carroll Company
Drivers:
The heightened awareness of hygiene and cleanliness, especially following the COVID-19
pandemic, has significantly increased the demand for cleaner and degreaser products
across various industries. Both businesses and consumers are prioritizing the maintenance
of clean and sanitized environments to prevent the spread of germs and ensure safety.
Restraints:
Cost sensitivity remains a significant restraint in the cleaner and degreaser aftermarket.
Despite the rising demand for high-quality products, price remains a crucial factor
influencing purchasing decisions. Businesses, particularly small and medium-sized
enterprises (SMEs), may hesitate to invest in premium cleaning solutions due to budget
constraints.
Opportunities:
The cleaner and degreaser aftermarket has significant growth potential in emerging
markets. Rapid urbanization, industrialization, and economic growth in regions like
Asia-Pacific, Latin America, and Africa are driving demand for cleaning products.
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