Global Electronics Cleaning Solvents Market Size study, by Product by Cleaning Process and Regional Forecasts 2022-2028

Description

List of Tables

Global Electronics Cleaning Solvents Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Electronic Cleaning Solvents are fast-drying solvent which are specially formulated for the quick and efficient cleaning of electrical equipment. Growing electronics industry and rising demand of Automobile Electronics are key drivers for the growth of Electronics Cleaning Solvents market. For instance, according to India Brand Equity Forum (IBEF)- As of 2020, India has 502.2 million smartphone users and in the first three months of 2021, India's smartphone shipments grown by 23% to 38 million devices. Furthermore, as per global database management company Statista- As of 2022, revenue in the Consumer Electronics segment is estimated at USD 755 billion and as per projection the revenue is estimated to show an annual growth rate (CAGR 2022-2025) of 7.20%, witnessing market volume of USD 930 billion by 2025. In recent events, January 2022, AGC has received approval from The U.S. Environmental Protection Agency's Significant New Alternatives Policy (SNAP) for its AMOLEA AS-300 and AS-300AT solvents. These solvents are nonhazardous and are acceptable for electronics cleaning, metals cleaning. Also, with the increasing penetration of electronic gadgets and rapid industrialization in emerging economies, the adoption & demand for Electronics Cleaning Solvents is likely to increase the market growth during the forecast period. However, stringent government regulation over growing concern of pollution due to chemical use and supply chain disruption due to covid 19 pandemic impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Electronics Cleaning Solvents Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing electronic industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing penetration of smartphones and growing automotive industry in the region would create lucrative growth prospects for the Electronics Cleaning Solvents market across Asia-Pacific region.

Major market player included in this report are:

3M Company

Albemarle Corporation

LyondellBasell Industries Holdings B.V.

Honeywell International, Inc.

BASF SE

The Dow Chemical Company

Eastman Chemical Company

Arkema SA

Asahi Glass Co., Ltd.

The Chemours Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Formulated Hydrocarbon Solvents

Glycols & Glycol Ethers

Fluorinated Solvents

Brominated Solvents

Light Petroleum Distillates

By Cleaning Process:

Vapor Phase Degreaser

Vacuum Cleaning

Mixed Co-solvent

Separated Co-solvent

Semi-aqueous

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Electronics Cleaning Solvents Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Billion)
- 1.2.1. Electronics Cleaning Solvents Market, by Region, (USD Billion)
- 1.2.2. Electronics Cleaning Solvents Market, by Product, 2020-2028(USD Billion)
- 1.2.3. Electronics Cleaning Solvents Market, by Cleaning Process, 2020-2028(USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Electronics Cleaning Solvents Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Electronics Cleaning Solvents Market Dynamics

3.1. Electronics Cleaning Solvents Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing electronic industries.
  - 3.1.1.2. Rising demand of Automobile Electronics.
- 3.1.2. Market Challenges
  - 3.1.2.1. Supply chain disruption due to pandemic restrictions
  - 3.1.2.2. Stringent government regulations and policies.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising penetration of electronic gadgets.
  - 3.1.3.2. Growing industrialization in emerging economies.

Chapter 4. Global Electronics Cleaning Solvents Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Electronics Cleaning Solvents Market, by Product

6.1. Market Snapshot
6.2. Global Electronics Cleaning Solvents Market by Product, Performance - Potential Analysis
6.3. Global Electronics Cleaning Solvents Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Electronics Cleaning Solvents Market, Sub Segment Analysis
- 6.4.1. Formulated Hydrocarbon Solvents
- 6.4.2. Glycols & Glycol Ethers
- 6.4.3. Fluorinated Solvents
- 6.4.4. Brominated Solvents
- 6.4.5. Light Petroleum Distillates

Chapter 7. Global Electronics Cleaning Solvents Market, by Cleaning Process

7.1. Market Snapshot
7.2. Global Electronics Cleaning Solvents Market by Cleaning Process, Performance - Potential Analysis
7.3. Global Electronics Cleaning Solvents Market Estimates & Forecasts by Cleaning Process 2018-2028 (USD Billion)
7.4. Electronics Cleaning Solvents Market, Sub Segment Analysis
- 7.4.1. Vapor Phase Degreaser
- 7.4.2. Vacuum Cleaning
- 7.4.3. Mixed Co-solvent
- 7.4.4. Separated Co-solvent
- 7.4.5. Semi-aqueous

Chapter 8. Global Electronics Cleaning Solvents Market, Regional Analysis

8.1. Electronics Cleaning Solvents Market, Regional Market Snapshot
8.2. North America Electronics Cleaning Solvents Market
- 8.2.1. U.S. Electronics Cleaning Solvents Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2018-2028
  - 8.2.1.2. Cleaning Process breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Electronics Cleaning Solvents Market
8.3. Europe Electronics Cleaning Solvents Market Snapshot
- 8.3.1. U.K. Electronics Cleaning Solvents Market
- 8.3.2. Germany Electronics Cleaning Solvents Market
- 8.3.3. France Electronics Cleaning Solvents Market
- 8.3.4. Spain Electronics Cleaning Solvents Market
- 8.3.5. Italy Electronics Cleaning Solvents Market
- 8.3.6. Rest of Europe Electronics Cleaning Solvents Market
8.4. Asia-Pacific Electronics Cleaning Solvents Market Snapshot
- 8.4.1. China Electronics Cleaning Solvents Market
- 8.4.2. India Electronics Cleaning Solvents Market
- 8.4.3. Japan Electronics Cleaning Solvents Market
- 8.4.4. Australia Electronics Cleaning Solvents Market
- 8.4.5. South Korea Electronics Cleaning Solvents Market
- 8.4.6. Rest of Asia Pacific Electronics Cleaning Solvents Market
8.5. Latin America Electronics Cleaning Solvents Market Snapshot
- 8.5.1. Brazil Electronics Cleaning Solvents Market
- 8.5.2. Mexico Electronics Cleaning Solvents Market
8.6. Rest of The World Electronics Cleaning Solvents Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. 3M Company
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Albemarle Corporation
- 9.2.3. LyondellBasell Industries Holdings B.V.
- 9.2.4. Honeywell International, Inc.
- 9.2.5. BASF SE
- 9.2.6. The Dow Chemical Company
- 9.2.7. Eastman Chemical Company
- 9.2.8. Arkema SA
- 9.2.9. Asahi Glass Co., Ltd.
- 9.2.10. The Chemours Company

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electronics Cleaning Solvents Market, report scope
TABLE 2. Global Electronics Cleaning Solvents Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Electronics Cleaning Solvents Market estimates & forecasts by Product 2018-2028 (USD Billion)
TABLE 4. Global Electronics Cleaning Solvents Market estimates & forecasts by Cleaning Process 2018-2028 (USD Billion)
TABLE 5. Global Electronics Cleaning Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Electronics Cleaning Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Electronics Cleaning Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Electronics Cleaning Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Electronics Cleaning Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Electronics Cleaning Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Electronics Cleaning Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Electronics Cleaning Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Electronics Cleaning Solvents Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Electronics Cleaning Solvents Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Electronics Cleaning Solvents Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Electronics Cleaning Solvents Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of Global Electronics Cleaning Solvents Market
TABLE 55. List of primary sources, used in the study of Global Electronics Cleaning Solvents Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Electronics Cleaning Solvents Market, research methodology
FIG 2. Global Electronics Cleaning Solvents Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Electronics Cleaning Solvents Market, key trends 2021
FIG 5. Global Electronics Cleaning Solvents Market, growth prospects 2022-2028
FIG 6. Global Electronics Cleaning Solvents Market, porters 5 force model
FIG 7. Global Electronics Cleaning Solvents Market, pest analysis
FIG 8. Global Electronics Cleaning Solvents Market, value chain analysis
FIG 9. Global Electronics Cleaning Solvents Market by segment, 2018 & 2028(USD Billion)
FIG 10. Global Electronics Cleaning Solvents Market by segment, 2018 & 2028(USD Billion)
FIG 11. Global Electronics Cleaning Solvents Market by segment, 2018 & 2028(USD Billion)
FIG 12. Global Electronics Cleaning Solvents Market by segment, 2018 & 2028(USD Billion)
FIG 13. Global Electronics Cleaning Solvents Market by segment, 2018 & 2028(USD Billion)
FIG 14. Global Electronics Cleaning Solvents Market, regional snapshot 2018 & 2027
FIG 15. North America Electronics Cleaning Solvents Market 2018 & 2028(USD Billion)
FIG 16. Europe Electronics Cleaning Solvents Market 2018 & 2028(USD Billion)
FIG 17. Asia pacific Electronics Cleaning Solvents Market 2018 & 2028(USD Billion)
FIG 18. Latin America Electronics Cleaning Solvents Market 2018 & 2028(USD Billion)
FIG 19. Global Electronics Cleaning Solvents Market, company market share analysis (2021)