PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762312
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762312
The industrial cleaning solvents market size is expected to reach USD 79.96 billion by 2034, according to a new study by Polaris Market Research. The report "Industrial Cleaning Solvents Market Size, Share, Trends, Industry Analysis Report By Product (Hydrocarbon Solvents, Oxygenated Solvents, Bio-Based Solvents, Chlorinated Solvents, Other Products), By End Use, By Region- Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Industrial cleaning solvents are chemical substances used to dissolve, remove, and clean contaminants such as grease, oil, dirt, and residues from machinery, equipment, and surfaces in industrial settings.
Increased maintenance needs across key industries drive the market growth. Industries such as energy, food processing, electronics, and pharmaceuticals operate with equipment that must stay clean to ensure efficiency, quality, and compliance. Regular maintenance using industrial cleaning solvents helps prevent breakdowns, contamination, and costly downtime. In food and pharma industries, for example, cleanliness is directly tied to health standards and product integrity. Businesses are using more cleaning solvents as part of their regular upkeep routines with growing emphasis on preventative maintenance and operational reliability. This ongoing need for maintenance across sectors consistently drives demand for this solvent, thereby driving the market growth.
Environmental concerns and stricter air quality regulations are encouraging the shift toward eco-friendly, low-VOC (volatile organic compound) solvents. Traditional solvents release harmful fumes that contribute to air pollution and health risks. Consequently, industries are increasingly adopting green alternatives that are safer for both workers and the environment. Manufacturers are developing bio-based and water-based solvents that perform well without hazardous emissions. This trend aligns with environmental standards and appeals to companies seeking sustainable operations, thereby driving growth in the green segment of the industrial cleaning solvents market.
In 2024, the hydrocarbon solvents segment dominated with the largest share due to their strong cleaning ability, wide availability, and cost-effectiveness.
The automotive segment is expected to record significant growth due to increased production, innovation, and maintenance needs.
In 2024, the Asia Pacific industrial cleaning solvents market dominated with the largest share due to rapid industrial growth, urbanization, and expanding manufacturing sectors.
The North America industrial cleaning solvents market is experiencing significant growth due to its mature industrial base such as aerospace and automotive and strong regulatory framework.
A few global key market players are AkzoNobel N.V., Arkema, Ashland, Dow, Eastman Chemical Company, Evonik Industries, ExxonMobil Corporation, LyondellBasell Industries Holdings B.V., Shell Plc, Solvay SA, and The Lubrizol Corporation.
Polaris Market Research has segmented the industrial cleaning solvents market report on the basis of product, end use, and region:
By Product (Volume - Kilotons, Revenue - USD Billion, 2020-2034)
Hydrocarbon Solvents
Oxygenated Solvents
Bio-Based Solvents
Chlorinated Solvents
Other Products
By End Use (Volume - Kilotons, Revenue - USD Billion, 2020-2034)
Healthcare
Manufacturing & Commercial Offices
Retail & Food Services
Hospitality
Automotive & Aerospace
Other End Use
By Regional Outlook (Volume - Kilotons, Revenue - USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America