工業用洗浄溶剤市場 – 2030年までの世界予測

Industrial Cleaning Solvents Market - Global Forecast To 2030

工業用洗浄溶剤市場 - 用途(一般および医療機器洗浄、金属洗浄剤、消毒剤)、最終用途産業(製造および商業オフィス、ヘルスケア、小売および食品サービス)、および地域別 - 2030年までの世界予測
Industrial Cleaning Solvents Market by Application (General & Medical Device Cleaning, Metal Cleaners, Disinfectants), End-use Industry (Manufacturing and Commercial Offices, Healthcare, Retail & Food Service), and Region - Global Forecast to 2030

商品番号 : SMB-40504

出版社MarketsandMarkets
出版年月2025年6月
ページ数269
図表数356
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、工業用洗浄溶剤市場を用途、最終用途産業、地域別にセグメント化し、各地域における市場全体の推定価値(百万米ドル)を示しています。また、主要業界プレーヤーの詳細な分析を実施し、工業用洗浄溶剤市場に関連する各社の事業概要、サービス、主要戦略に関する洞察を提供しています。

The global industrial cleaning solvents market is projected to reach USD 1.55 billion by 2030 from USD 1.19 billion in 2024, at a CAGR of 4.55%. Growing regulatory pressure on the food and healthcare industries is a key factor driving demand for the industrial cleaning solvents market. Federal regulatory agencies, like the Food and Drug Administration (FDA) and Environmental Protection Agency (EPA), mandate stringent hygiene measures to prevent contamination and safeguard public health, including food contact surfaces and critical medical devices. These industries need advanced cleaning solvents that effectively eliminate bio-contaminants and are safe for use in sensitive environments. The solvents in question must meet rigorous standards for microbial sterilization, residue removal, and material compatibility. As a result, manufacturers are making significant capital investments in innovative, compliant solvent alternatives to ensure business continuity and protect public health safety.

世界の工業用洗浄溶剤市場は、2024年の11億9,000万米ドルから2030年には15億5,000万米ドルに達し、年平均成長率(CAGR)4.55%で成長すると予測されています。食品・ヘルスケア業界への規制圧力の高まりは、工業用洗浄溶剤市場の需要を押し上げる主な要因です。食品医薬品局(FDA)や環境保護庁(EPA)などの連邦規制機関は、食品接触面や重要な医療機器などの汚染防止と公衆衛生の保護のため、厳格な衛生対策を義務付けています。これらの業界では、生物汚染物質を効果的に除去し、敏感な環境でも安全に使用できる高度な洗浄溶剤が必要です。これらの溶剤は、微生物殺菌、残留物除去、材料適合性に関する厳格な基準を満たしていなければなりません。その結果、メーカーは、事業継続を確保し、公衆衛生の安全を守るために、革新的で規制に準拠した溶剤代替品に多額の資本投資を行っています。

工業用洗浄溶剤市場 - 2030年までの世界予測
industrial-cleaning-solvents-market-Overview

“Metal cleaners segment accounted for the second-largest share of the industrial cleaning solvents market in 2024”

The metal cleaners segment held the second-largest share of the global industrial cleaning solvents market, in terms of value, in 2024. Parts made of metal in the automotive, aerospace, and electronics industries must be cleaned precisely to remove oils, greases, machine fluids, and metal shavings. The use of industrial solvents allows for the removal of contaminants, preserving the condition and dimensions of the surface. When metal is clean, the adhesion of coatings, finishes, and weld seals is enhanced. The demand for high-precision manufacturing drives the market for metal cleaner applications, as specialized solvent cleaners help ensure a clean and residue-free process, which improves the final product and reduces rework flaws.

“Retail & food service industry accounted for the third-largest share of the industrial cleaning solvents market, in terms of value, in 2024”

The retail & food service industry was the third-largest end-use industry in the global industrial cleaning solvents market, in terms of value, in 2024. Retail & food service industries must comply with stringent food safety standards like the United States Department of Agriculture (USDA) and local health codes, requiring thorough cleaning and sanitation of food preparation areas. Industrial cleaning solvents are essential for effectively removing grease, oils, and food residues that retain germs and contaminants. These solvents help maintain hygienic environments, prevent contamination, and avoid costly violations, making them crucial in day-to-day operations and regulatory compliance, turning the industry into a leading contributor to the overall market.

工業用洗浄溶剤市場 - 2030年までの世界予測 region
industrial-cleaning-solvents-market-Region

“North America was the second-largest region in the industrial cleaning solvents market, in terms of value, in 2024”

Due to the rise in automation and new manufacturing technologies in North America, equipment must be cleaned accurately to ensure reliable and intact products. They require solvents that effectively clean without affecting or damaging the electronic components. This trend drives the demand for specialized industrial cleaning solvents designed for specific applications such as electronics, semiconductors, and medical devices. The integration of Industry 4.0 further accelerates the need for consistent, high-quality cleaning solvents to optimize operational efficiency, solidifying the region’s position in the global industrial cleaning solvents market.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: Directors – 50%, Managers – 30%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, and Rest of the World – 5%

The key players profiled in the report include Exxon Mobil Corporation (US), Shell plc (UK), BASF SE (Germany), Dow Inc. (US), LyondellBasell Industries N.V. (US), Eastman Chemical Company (US), Arkema (France), Celanese Corporation (US), Solvay S.A. (Belgium), Ashland Inc. (US), and Honeywell International Inc. (US).

工業用洗浄溶剤市場 - 2030年までの世界予測 ecosystem
industrial-cleaning-solvents-market-Ecosystem

Research Coverage

This report segments the market for industrial cleaning solvents based on application, end-use industry, and region, and provides value estimations (USD million) for the overall market size across various regions. It has also conducted a detailed analysis of key industry players to provide insights into their business overviews, services, and key strategies associated with the market for industrial cleaning solvents.

Reasons to Buy this Report

This research report is focused on various levels of analysis, industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the industrial cleaning solvents market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights into the following points:

  • Market Penetration: Comprehensive information on industrial cleaning solvents offered by top players in the global market.
  • Analysis of key drivers (rapid industrial growth, increasing demand from end-use industries post-COVID-19 pandemic, and workplace hygiene initiatives), restraints (stringent government and environmental regulations), opportunities (growing demand for green & bio-based industrial cleaning solvents and advanced cleaning technologies), and challenges (toxicity of some solvents, reduced production capacity, lack of workforce for industrial cleaning, and volatility in raw material prices) influencing the growth of the industrial cleaning solvents market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial cleaning solvents market.
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for industrial cleaning solvents across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global industrial cleaning solvents market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the industrial cleaning solvents market.

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        INCLUSIONS AND EXCLUSIONS OF STUDY          28

1.3.3        YEARS CONSIDERED      30

1.3.4        CURRENCY CONSIDERED            31

1.3.5        UNIT CONSIDERED        31

1.4           STAKEHOLDERS               31

1.5           SUMMARY OF CHANGES               31

2               RESEARCH METHODOLOGY       33

2.1           RESEARCH DATA              33

2.1.1        SECONDARY DATA          34

2.1.1.1    Key data from secondary sources       34

2.1.2        PRIMARY DATA 34

2.1.2.1    Key primary participants     35

2.1.2.2    Key industry insights           35

2.1.2.3    Breakdown of primary interviews      36

2.2           MARKET SIZE ESTIMATION         36

2.2.1        BOTTOM-UP APPROACH              37

2.2.2        TOP-DOWN APPROACH                38

2.3           DATA TRIANGULATION                39

2.4           GROWTH FORECAST      40

2.4.1        SUPPLY-SIDE ANALYSIS                 41

2.4.2        DEMAND-SIDE ANALYSIS             41

2.5           RESEARCH ASSUMPTIONS           43

2.6           RESEARCH LIMITATIONS             43

2.7           RISK ASSESSMENT           43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       47

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL CLEANING

SOLVENTS MARKET        47

4.2           INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION                47

4.3           ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION

AND COUNTRY 48

4.4           REGIONAL ANALYSIS: INDUSTRIAL CLEANING SOLVENTS MARKET,

BY END-USE INDUSTRY 48

4.5           INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY            49

5               MARKET OVERVIEW       50

5.1           INTRODUCTION              50

5.2           MARKET DYNAMICS       50

5.2.1        DRIVERS               51

5.2.1.1    Rapid industrial growth       51

5.2.1.2    Rising demand for high-precision cleaning      51

5.2.1.3    Workplace hygiene initiatives             51

5.2.2        RESTRAINTS      52

5.2.2.1    Stringent government and environmental regulations   52

5.2.3        OPPORTUNITIES              53

5.2.3.1    Growing demand for green & bio-based industrial cleaning solvents  53

5.2.3.2    Advanced cleaning technologies        53

5.2.4        CHALLENGES    54

5.2.4.1    Toxicity of some solvents    54

5.2.4.2    Reduced production capacity and lack of workforce for

industrial cleaning                54

5.2.4.3    Volatility in raw material prices          54

5.3           PORTER’S FIVE FORCES ANALYSIS           55

5.3.1        THREAT OF NEW ENTRANTS      56

5.3.2        THREAT OF SUBSTITUTES          56

5.3.3        BARGAINING POWER OF SUPPLIERS       56

5.3.4        BARGAINING POWER OF BUYERS             56

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 57

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     57

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           57

5.4.2        BUYING CRITERIA           58

5.5           MACROECONOMIC OUTLOOK  59

5.5.1        GDP TRENDS AND FORECAST   59

6               INDUSTRY TRENDS         60

6.1           SUPPLY CHAIN ANALYSIS             60

6.1.1        RAW MATERIAL SUPPLIERS         60

6.1.2        MANUFACTURERS           61

6.1.3        DISTRIBUTION NETWORKS        61

6.1.4        END-USER INDUSTRIES 61

6.2           PRICING ANALYSIS          61

6.2.1        AVERAGE SELLING PRICE OF INDUSTRIAL CLEANING SOLVENTS OFFERED

BY KEY PLAYERS               61

6.2.2        AVERAGE SELLING PRICE TREND OF INDUSTRIAL CLEANING SOLVENTS,

BY REGION         62

6.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            64

6.4           ECOSYSTEM ANALYSIS  64

6.5           TECHNOLOGY ANALYSIS             66

6.5.1        KEY TECHNOLOGIES     66

6.5.1.1    Solvent recycling and reuse technology             66

6.5.1.2    Supercritical carbon dioxide cleaning technology            67

6.5.2        COMPLIMENTARY TECHNOLOGIES        67

6.5.2.1    Ultrasonic cleaning systems                67

6.6           CASE STUDY ANALYSIS 67

6.6.1        DOW’S UCARKLEAN SOLVENT HELPED IN AMINE CONVERSION    67

6.6.2        DOW’S SPECIALTY DEHYDRATION FLUID IMPROVED PERFORMANCE OF

GAS DEHYDRATION SYSTEM      68

6.7           TRADE ANALYSIS             68

6.7.1        IMPORT SCENARIO (HS CODE 381400)    68

6.7.2        EXPORT SCENARIO (HS CODE 381400)    69

6.8           REGULATORY LANDSCAPE         70

6.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             71

6.8.2        REGULATORY FRAMEWORK       74

6.8.2.1    EPA Toxic Substances Control Act (TSCA)    74

6.8.2.2    European Solvent Emissions Directive (1999/13/EC)   74

6.9           KEY CONFERENCES AND EVENTS             74

6.10         INVESTMENT AND FUNDING SCENARIO               75

6.11         PATENT ANALYSIS          75

6.11.1      APPROACH         75

6.11.2      DOCUMENT TYPES         76

6.11.3      TOP APPLICANTS            77

6.11.4      JURISDICTION ANALYSIS              80

6.12         IMPACT OF 2025 US TARIFF – OVERVIEW              80

6.12.1      INTRODUCTION              80

6.12.2      KEY TARIFF RATES          81

6.12.3      PRICE IMPACT ANALYSIS             81

6.12.4      IMPACT ON COUNTRY/REGION                82

6.12.4.1  US           82

6.12.4.2  Europe   83

6.12.4.3  Asia Pacific            83

6.12.5      IMPACT ON END-USE INDUSTRIES          84

6.13         IMPACT OF AI/GEN AI ON INDUSTRIAL CLEANING SOLVENTS MARKET        85

7               INDUSTRIAL CLEANING SOLVENTS MARKET, BY SOLVENT TYPE 87

7.1           INTRODUCTION              87

7.2           HALOGENATED SOLVENTS         87

7.3           OXYGENATED SOLVENTS            87

7.4           HYDROCARBON SOLVENTS        88

7.5           BIO-BASED SOLVENTS  88

8               INDUSTRIAL CLEANING SOLVENTS MARKET, BY FORMULATION 89

8.1           INTRODUCTION              89

8.2           READY-TO-USE SOLUTIONS       89

8.3           CONCENTRATES              89

8.4           SEMI-AQUEOUS FORMULATIONS             90

9               INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION   91

9.1           INTRODUCTION              92

9.2           GENERAL & MEDICAL DEVICE CLEANING            94

9.2.1        RISING HYGIENE STANDARDS IN HEALTHCARE INDUSTRY TO FUEL

MARKET GROWTH          94

9.3           METAL CLEANERS           96

9.3.1        GROWTH OF MANUFACTURING INDUSTRY TO DRIVE MARKET               96

9.4           DISINFECTANTS               97

9.4.1        STRINGENT SANITATION PROTOCOLS TO BOOST MARKET GROWTH          97

9.5           COMMERCIAL LAUNDRY              99

9.5.1        INCREASING DEMAND FROM HOSPITALITY INDUSTRY TO DRIVE MARKET         99

9.6           FOOD CLEANERS             101

9.6.1        INCREASING FOOD SAFETY REGULATIONS TO PROPEL MARKET GROWTH          101

9.7           OTHER APPLICATIONS 103

10            INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY 105

10.1         INTRODUCTION              106

10.2         MANUFACTURING & COMMERCIAL OFFICES     108

10.2.1      RISING INDUSTRIALIZATION IN EMERGING ECONOMIES TO DRIVE MARKET               108

10.3         HEALTHCARE    110

10.3.1      INCREASING HEALTH EXPENDITURE TO FUEL MARKET GROWTH             110

10.4         RETAIL & FOOD SERVICE             111

10.4.1      GROWING DEMAND FOR CLEAN CONSUMER ENVIRONMENT

TO DRIVE MARKET GROWTH     111

10.5         HOSPITALITY    113

10.5.1      RISING TOURISM AND TRAVEL ACTIVITIES TO BOOST MARKET DEMAND          113

10.6         AUTOMOTIVE & AEROSPACE     115

10.6.1      ADVANCEMENT IN VEHICLE AND AIRCRAFT MAINTENANCE TO FUEL

MARKET GROWTH          115

10.7         FOOD PROCESSING        116

10.7.1      STRINGENT HYGIENE STANDARDS IN FOOD PRODUCTION TO DRIVE

MARKET GROWTH          116

10.8         OTHER END-USE INDUSTRIES   118

11            INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION                121

11.1         INTRODUCTION              122

11.2         ASIA PACIFIC     124

11.2.1      CHINA  129

11.2.1.1  Rapid urbanization and industrialization to boost market                 129

11.2.2      JAPAN   131

11.2.2.1  Strong presence of automobile manufacturers to drive market                 131

11.2.3      INDIA    133

11.2.3.1  Growing healthcare industry to drive demand 133

11.2.4      SOUTH KOREA  135

11.2.4.1  Government initiatives in industrial sector to drive market                 135

11.3         NORTH AMERICA             138

11.3.1      US           143

11.3.1.1  Strong industrial infrastructure to fuel growth                 143

11.3.2      CANADA               146

11.3.2.1  Focus on advanced research and development to drive demand                 146

11.3.3      MEXICO                148

11.3.3.1  Expanding manufacturing sector to support market growth                 148

11.4         EUROPE               150

11.4.1      GERMANY           156

11.4.1.1  Automotive industry leadership to boost market             156

11.4.2      ITALY    158

11.4.2.1  Growing investments in transportation industry to fuel demand                 158

11.4.3      FRANCE                160

11.4.3.1  Strong pharmaceutical and biotechnology sector to drive market                 160

11.4.4      UK          162

11.4.4.1  Stringent regulatory framework to propel market           162

11.4.5      SPAIN    164

11.4.5.1  Growing aerospace industry to drive market   164

11.5         MIDDLE EAST & AFRICA                166

11.5.1      GCC COUNTRIES              171

11.5.1.1  Saudi Arabia          171

11.5.1.1.1                Saudi Arabia Vision 2030 project to drive market                 171

11.5.1.2  UAE        173

11.5.1.2.1                Foreign investments and rapid urbanization to drive market    173

11.5.2      SOUTH AFRICA 176

11.5.2.1  Cheap labor and raw material cost to drive market         176

11.6         SOUTH AMERICA             178

11.6.1      BRAZIL 183

11.6.1.1  Rapidly expanding economy to boost market  183

11.6.2      ARGENTINA       185

11.6.2.1  Growing food processing industry to drive market         185

12            COMPETITIVE LANDSCAPE         187

12.1         INTRODUCTION              187

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            187

12.3         MARKET SHARE ANALYSIS, 2024                 188

12.4         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024                 191

12.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 192

12.5.1      STARS   192

12.5.2      EMERGING LEADERS     192

12.5.3      PERVASIVE PLAYERS      192

12.5.4      PARTICIPANTS 192

12.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         194

12.5.5.1  Company footprint               194

12.5.5.2  Region footprint   195

12.5.5.3  Application footprint            196

12.5.5.4  End-use industry footprint 197

12.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        198

12.6.1      PROGRESSIVE COMPANIES         198

12.6.2      RESPONSIVE COMPANIES            198

12.6.3      DYNAMIC COMPANIES  198

12.6.4      STARTING BLOCKS         198

12.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 199

12.6.5.1  Detailed list of key startups/SMES   199

12.6.5.2  Competitive benchmarking of key startups/SMEs          200

12.7         BRAND/PRODUCT COMPARISON ANALYSIS        200

12.8         COMPANY VALUATION AND FINANCIAL METRICS                 202

12.9         COMPETITIVE SCENARIO             203

12.9.1      PRODUCT LAUNCHES   203

12.9.2      DEALS  204

12.9.3      EXPANSIONS     205

12.9.4      OTHER DEVELOPMENTS              206

13            COMPANY PROFILES      207

13.1         KEY PLAYERS     207

13.1.1      BASF SE                 207

13.1.1.1  Business overview 207

13.1.1.2  Products/Solutions/Services offered 208

13.1.1.3  Recent developments           209

13.1.1.3.1                Product launches  209

13.1.1.3.2                Deals      209

13.1.1.3.3                Expansions             210

13.1.1.3.4                Other developments             210

13.1.1.4  MnM View             211

13.1.1.4.1                Key strengths        211

13.1.1.4.2                Strategic choices   211

13.1.1.4.3                Weaknesses and competitive threats 211

13.1.2      EXXON MOBIL CORPORATION  212

13.1.2.1  Business overview 212

13.1.2.2  Products/Solutions/Services offered 213

13.1.2.3  Recent developments           214

13.1.2.3.1                Expansions             214

13.1.2.4  MnM View             214

13.1.2.4.1                Key strengths        214

13.1.2.4.2                Strategic choices   215

13.1.2.4.3                Weaknesses and competitive threats 215

13.1.3      SOLVAY S.A.       216

13.1.3.1  Business overview 216

13.1.3.2  Products/Solutions/Services offered 217

13.1.3.3  Recent developments           218

13.1.3.3.1                Expansions             218

13.1.3.4  MnM View             218

13.1.3.4.1                Key strengths        218

13.1.3.4.2                Strategic choices   219

13.1.3.4.3                Weaknesses and competitive threats 219

13.1.4      DOW INC.            220

13.1.4.1  Business overview 220

13.1.4.2  Products/Solutions/Services offered 221

13.1.4.3  Recent developments           222

13.1.4.3.1                Other developments             222

13.1.4.4  MnM View             223

13.1.4.4.1                Key strengths        223

13.1.4.4.2                Strategic choices   223

13.1.4.4.3                Weaknesses and competitive threats 223

13.1.5      EASTMAN CHEMICAL COMPANY              224

13.1.5.1  Business overview 224

13.1.5.2  Products/Solutions/Services offered 225

13.1.5.3  Recent developments           226

13.1.5.3.1                Product launches  226

13.1.5.3.2                Expansions             226

13.1.5.4  MnM View             227

13.1.5.4.1                Key strengths        227

13.1.5.4.2                Strategic choices   227

13.1.5.4.3                Weaknesses and competitive threats 227

13.1.6      CELANESE CORPORATION          228

13.1.6.1  Business overview 228

13.1.6.2  Products/Solutions/Services offered 229

13.1.6.3  Recent developments           230

13.1.6.3.1                Expansions             230

13.1.6.4  MnM view              230

13.1.6.4.1                Key strengths        230

13.1.6.4.2                Strategic choices   230

13.1.6.4.3                Weaknesses and competitive threats 230

13.1.7      ARKEMA               231

13.1.7.1  Business overview 231

13.1.7.2  Products/Solutions/Services offered 232

13.1.7.3  MnM view              233

13.1.7.3.1                Key strengths        233

13.1.7.3.2                Strategic choices   233

13.1.7.3.3                Weaknesses and competitive threats 233

13.1.8      ASHLAND INC.  234

13.1.8.1  Business overview 234

13.1.8.2  Products/Solutions/Services offered 235

13.1.8.3  Recent developments           236

13.1.8.3.1                Deals      236

13.1.9      SHELL PLC          237

13.1.9.1  Business overview 237

13.1.9.2  Products/Solutions/Services offered 238

13.1.9.3  MnM view              239

13.1.9.3.1                Key strengths        239

13.1.9.3.2                Strategic choices   239

13.1.9.3.3                Weaknesses and competitive threats 239

13.1.10   LYONDELLBASELL INDUSTRIES N.V.      240

13.1.10.1                 Business overview 240

13.1.10.2                 Products/Solutions/Services offered 241

13.1.10.3                 Recent developments           242

13.1.10.3.1             Other developments             242

13.1.11   HONEYWELL INTERNATIONAL INC.        243

13.1.11.1                 Business overview 243

13.1.11.2                 Products/Solutions/Services offered 244

13.2         STARTUPS/SMES              246

13.2.1      EVONIK INDUSTRIES AG               246

13.2.2      SASOL LIMITED                247

13.2.3      INNOSPEC INC. 247

13.2.4      STEPAN COMPANY         248

13.2.5      AKZO NOBEL N.V.            248

13.2.6      MERCK & CO., INC.          249

13.2.7      BRASKEM S.A.    249

13.2.8      WESTLAKE CORPORATION         250

13.2.9      PPG INDUSTRIES, INC.  250

13.2.10   OLIN CORPORATION     251

13.2.11   CRC INDUSTRIES             251

13.2.12   JOHNSON MATTHEY PLC             252

13.2.13   AGC CHEMICALS              252

13.2.14   MITSUI CHEMICALS, INC.             253

13.2.15   SHIN-ETSU CHEMICAL CO., LTD.              253

14            ADJACENT & RELATED MARKETS             254

14.1         INTRODUCTION              254

14.2         LIMITATIONS    254

14.3         SOLVENTS MARKET        254

14.3.1      MARKET DEFINITION   254

14.3.2      MARKET OVERVIEW       254

14.4         SOLVENTS MARKET, BY REGION               255

14.4.1      EUROPE               255

14.4.2      NORTH AMERICA             256

14.4.3      ASIA PACIFIC     257

14.4.4      MIDDLE EAST & AFRICA                259

14.4.5      SOUTH AMERICA             260

15            APPENDIX           262

15.1         DISCUSSION GUIDE        262

15.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                265

15.3         CUSTOMIZATION OPTIONS        267

15.4         RELATED REPORTS         267

15.5         AUTHOR DETAILS           268

LIST OF TABLES

TABLE 1                INDUSTRIAL CLEANING SOLVENTS MARKET: DEFINITION AND

INCLUSIONS, BY APPLICATION 28

TABLE 2                INDUSTRIAL CLEANING SOLVENTS MARKET: DEFINITION AND INCLUSIONS,

BY SOLVENT TYPE          29

TABLE 3                INDUSTRIAL CLEANING SOLVENTS MARKET: DEFINITION AND INCLUSIONS,

BY FORMULATION          29

TABLE 4                INDUSTRIAL CLEANING SOLVENTS MARKET: DEFINITION AND INCLUSIONS,

BY END-USE INDUSTRY 30

TABLE 5                REGULATIONS FOR INDUSTRIAL CLEANING CHEMICALS        52

TABLE 6                NATURAL GAS AND OIL PRICE (USD PER BARREL)               55

TABLE 7                INDUSTRIAL CLEANING SOLVENTS MARKET: PORTER’S FIVE FORCES ANALYSIS            57

TABLE 8                IMPACT OF STAKEHOLDERS ON BUYING PROCESS OF TOP THREE

END-USE INDUSTRIES (%)           58

TABLE 9                KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              58

TABLE 10              GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2030 (USD BILLION) 59

TABLE 11              AVERAGE SELLING PRICE OF INDUSTRIAL CLEANING SOLVENTS OFFERED

BY KEY PLAYERS, BY APPLICATION, 2024 (USD/KG)         62

TABLE 12              AVERAGE SELLING PRICE TREND OF INDUSTRIAL CLEANING SOLVENTS,

BY REGION, 2022–2030 (USD/KG)               63

TABLE 13              ROLE OF COMPANIES IN INDUSTRIAL CLEANING SOLVENTS ECOSYSTEM         65

TABLE 14              IMPORT DATA RELATED TO INDUSTRIAL CLEANING SOLVENTS, BY REGION,

2019–2024 (USD MILLION)            69

TABLE 15              EXPORT DATA RELATED TO INDUSTRIAL CLEANING SOLVENTS, BY REGION,

2019–2024 (USD MILLION)            70

TABLE 16              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           71

TABLE 17              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  72

TABLE 18              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           72

TABLE 19              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 20              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 21              INDUSTRIAL CLEANING SOLVENTS MARKET: LIST OF KEY CONFERENCES

AND EVENTS, 2025–2026                 74

TABLE 22              INDUSTRIAL CLEANING SOLVENTS MARKET: FUNDING/INVESTMENT

SCENARIO, 2020–2025      75

TABLE 23              PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND

GRANTED PATENTS, 2014–2024  76

TABLE 24              LIST OF MAJOR PATENTS RELATED TO INDUSTRIAL CLEANING

SOLVENTS, 2014–2024     77

TABLE 25              PATENTS BY SHIN-ETSU CHEMICAL CO., LTD.                 79

TABLE 26              US ADJUSTED RECIPROCAL TARIFF RATES                 81

TABLE 27              INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            92

TABLE 28              INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            93

TABLE 29              INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (KILOTON)     93

TABLE 30              INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     93

TABLE 31              INDUSTRIAL CLEANING SOLVENTS MARKET FOR GENERAL & MEDICAL DEVICE CLEANING, BY REGION, 2020–2024 (USD MILLION)            94

TABLE 32              INDUSTRIAL CLEANING SOLVENTS MARKET FOR GENERAL & MEDICAL DEVICE CLEANING, BY REGION, 2025–2030 (USD MILLION)            94

TABLE 33              INDUSTRIAL CLEANING SOLVENTS MARKET FOR GENERAL & MEDICAL DEVICE CLEANING, BY REGION, 2020–2024 (KILOTON)     95

TABLE 34              INDUSTRIAL CLEANING SOLVENTS MARKET FOR GENERAL & MEDICAL DEVICE CLEANING, BY REGION, 2025–2030 (KILOTON)     95

TABLE 35              INDUSTRIAL CLEANING SOLVENTS MARKET FOR METAL CLEANERS, BY REGION, 2020–2024 (USD MILLION)                 96

TABLE 36              INDUSTRIAL CLEANING SOLVENTS MARKET FOR METAL CLEANERS, BY REGION, 2025–2030 (USD MILLION)                 96

TABLE 37              INDUSTRIAL CLEANING SOLVENTS MARKET FOR METAL CLEANERS, BY REGION, 2020–2024 (KILOTON)                 97

TABLE 38              INDUSTRIAL CLEANING SOLVENTS MARKET FOR METAL CLEANERS, BY REGION, 2025–2030 (KILOTON)                 97

TABLE 39              INDUSTRIAL CLEANING SOLVENTS MARKET FOR DISINFECTANTS, BY REGION, 2020–2024 (USD MILLION)                 98

TABLE 40              INDUSTRIAL CLEANING SOLVENTS MARKET FOR DISINFECTANTS, BY REGION, 2025–2030 (USD MILLION)                 98

TABLE 41              INDUSTRIAL CLEANING SOLVENTS MARKET FOR DISINFECTANTS, BY REGION, 2020–2024 (KILOTON)                 98

TABLE 42              INDUSTRIAL CLEANING SOLVENTS MARKET FOR DISINFECTANTS, BY REGION, 2025–2030 (KILOTON)                 99

TABLE 43              INDUSTRIAL CLEANING SOLVENTS MARKET FOR COMMERCIAL LAUNDRY, BY REGION, 2020–2024 (USD MILLION)            99

TABLE 44              INDUSTRIAL CLEANING SOLVENTS MARKET FOR COMMERCIAL LAUNDRY,

BY REGION, 2025–2030 (USD MILLION)   100

TABLE 45              INDUSTRIAL CLEANING SOLVENTS MARKET FOR COMMERCIAL LAUNDRY,

BY REGION, 2020–2024 (KILOTON)            100

TABLE 46              INDUSTRIAL CLEANING SOLVENTS MARKET FOR COMMERCIAL LAUNDRY,

BY REGION, 2025–2030 (KILOTON)            100

TABLE 47              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD CLEANERS, BY REGION, 2020–2024 (USD MILLION)                 101

TABLE 48              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD CLEANERS, BY REGION, 2025–2030 (USD MILLION)                 101

TABLE 49              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD CLEANERS, BY REGION, 2020–2024 (KILOTON)                 102

TABLE 50              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD CLEANERS, BY REGION, 2025–2030 (KILOTON)                 102

TABLE 51              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER APPLICATIONS,

BY REGION, 2020–2024 (USD MILLION)   103

TABLE 52              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER APPLICATIONS,

BY REGION, 2025–2030 (USD MILLION)   103

TABLE 53              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER APPLICATIONS,

BY REGION, 2020–2024 (KILOTON)            104

TABLE 54              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER APPLICATIONS,

BY REGION, 2025–2030 (KILOTON)            104

TABLE 55              INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            106

TABLE 56              INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            107

TABLE 57              INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     107

TABLE 58              INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     108

TABLE 59              INDUSTRIAL CLEANING SOLVENTS MARKET FOR MANUFACTURING

& COMMERCIAL OFFICES, BY REGION, 2020–2024 (USD MILLION)                 108

TABLE 60              INDUSTRIAL CLEANING SOLVENTS MARKET FOR MANUFACTURING

& COMMERCIAL OFFICES, BY REGION, 2025–2030 (USD MILLION)                 109

TABLE 61              INDUSTRIAL CLEANING SOLVENTS MARKET FOR MANUFACTURING

& COMMERCIAL OFFICES, BY REGION, 2020–2024 (KILOTON)                 109

TABLE 62              INDUSTRIAL CLEANING SOLVENTS MARKET FOR MANUFACTURING

& COMMERCIAL OFFICES, BY REGION, 2025–2030 (KILOTON)                 109

TABLE 63              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HEALTHCARE, BY REGION,

2020–2024 (USD MILLION)            110

TABLE 64              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HEALTHCARE, BY REGION,

2025–2030 (USD MILLION)            110

TABLE 65              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HEALTHCARE, BY REGION,

2020–2024 (KILOTON)     111

TABLE 66              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HEALTHCARE, BY REGION,

2025–2030 (KILOTON)     111

TABLE 67              INDUSTRIAL CLEANING SOLVENTS MARKET FOR RETAIL & FOOD SERVICE,

BY REGION, 2020–2024 (USD MILLION)   112

TABLE 68              INDUSTRIAL CLEANING SOLVENTS MARKET FOR RETAIL & FOOD SERVICE,

BY REGION, 2025–2030 (USD MILLION)   112

TABLE 69              INDUSTRIAL CLEANING SOLVENTS MARKET FOR RETAIL & FOOD SERVICE,

BY REGION, 2020–2024 (KILOTON)            112

TABLE 70              INDUSTRIAL CLEANING SOLVENTS MARKET FOR RETAIL & FOOD SERVICE,

BY REGION, 2025–2030 (KILOTON)            113

TABLE 71              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HOSPITALITY, BY REGION,

2020–2024 (USD MILLION)            113

TABLE 72              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HOSPITALITY, BY REGION,

2025–2030 (USD MILLION)            114

TABLE 73              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HOSPITALITY, BY REGION,

2020–2024 (KILOTON)     114

TABLE 74              INDUSTRIAL CLEANING SOLVENTS MARKET FOR HOSPITALITY, BY REGION,

2025–2030 (KILOTON)     114

TABLE 75              INDUSTRIAL CLEANING SOLVENTS MARKET FOR AUTOMOTIVE & AEROSPACE,

BY REGION, 2020–2024 (USD MILLION)   115

TABLE 76              INDUSTRIAL CLEANING SOLVENTS MARKET FOR AUTOMOTIVE & AEROSPACE,

BY REGION, 2025–2030 (USD MILLION)   115

TABLE 77              INDUSTRIAL CLEANING SOLVENTS MARKET FOR AUTOMOTIVE & AEROSPACE,

BY REGION, 2020–2024 (KILOTON)            116

TABLE 78              INDUSTRIAL CLEANING SOLVENTS MARKET FOR AUTOMOTIVE & AEROSPACE,

BY REGION, 2025–2030 (KILOTON)            116

TABLE 79              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD PROCESSING, BY REGION, 2020–2024 (USD MILLION)                 117

TABLE 80              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD PROCESSING, BY REGION, 2025–2030 (USD MILLION)                 117

TABLE 81              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD PROCESSING, BY REGION, 2020–2024 (KILOTON)                 117

TABLE 82              INDUSTRIAL CLEANING SOLVENTS MARKET FOR FOOD PROCESSING, BY REGION, 2025–2030 (KILOTON)                 118

TABLE 83              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER INDUSTRIES, BY REGION, 2020–2024 (USD MILLION)                 118

TABLE 84              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER INDUSTRIES, BY REGION, 2025–2030 (USD MILLION)                 119

TABLE 85              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER END-USE INDUSTRIES,

BY REGION, 2020–2024 (KILOTON)            119

TABLE 86              INDUSTRIAL CLEANING SOLVENTS MARKET FOR OTHER END-USE INDUSTRIES,

BY REGION, 2025–2030 (KILOTON)            120

TABLE 87              INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION,

2020–2024 (USD MILLION)            122

TABLE 88              INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION,

2025–2030 (USD MILLION)            123

TABLE 89              INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION, 2020–2024 (KILOTON)            123

TABLE 90              INDUSTRIAL CLEANING SOLVENTS MARKET, BY REGION, 2025–2030 (KILOTON)            123

TABLE 91              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            125

TABLE 92              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            125

TABLE 93              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (KILOTON)     126

TABLE 94              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     126

TABLE 95              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            126

TABLE 96              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            127

TABLE 97              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         127

TABLE 98              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         128

TABLE 99              ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            128

TABLE 100            ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            128

TABLE 101            ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     129

TABLE 102            ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     129

TABLE 103            CHINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 130

TABLE 104            CHINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 130

TABLE 105            CHINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 131

TABLE 106            CHINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 131

TABLE 107            JAPAN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 132

TABLE 108            JAPAN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 132

TABLE 109            JAPAN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 133

TABLE 110            JAPAN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 133

TABLE 111            INDIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            134

TABLE 112            INDIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            134

TABLE 113            INDIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     135

TABLE 114            INDIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     135

TABLE 115            SOUTH KOREA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            136

TABLE 116            SOUTH KOREA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            136

TABLE 117            SOUTH KOREA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         137

TABLE 118            SOUTH KOREA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         137

TABLE 119            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)            139

TABLE 120            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            139

TABLE 121            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2020–2024 (KILOTON)                 140

TABLE 122            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2025–2030 (KILOTON)                 140

TABLE 123            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            140

TABLE 124            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            141

TABLE 125            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         141

TABLE 126            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         142

TABLE 127            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)                 142

TABLE 128            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)                 142

TABLE 129            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)                 143

TABLE 130            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)                 143

TABLE 131            US: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            144

TABLE 132            US: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            144

TABLE 133            US: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     145

TABLE 134            US: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     145

TABLE 135            CANADA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 146

TABLE 136            CANADA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 146

TABLE 137            CANADA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 147

TABLE 138            CANADA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 147

TABLE 139            MEXICO: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 148

TABLE 140            MEXICO: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 148

TABLE 141            MEXICO: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 149

TABLE 142            MEXICO: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 149

TABLE 143            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (USD MILLION)            151

TABLE 144            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            151

TABLE 145            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2020–2024 (KILOTON)     152

TABLE 146            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION,

2025–2030 (KILOTON)     152

TABLE 147            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 152

TABLE 148            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 153

TABLE 149            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 153

TABLE 150            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 154

TABLE 151            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2020–2024 (USD MILLION)            154

TABLE 152            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            154

TABLE 153            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2020–2024 (KILOTON)     155

TABLE 154            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY,

2025–2030 (KILOTON)     155

TABLE 155            GERMANY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 156

TABLE 156            GERMANY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 156

TABLE 157            GERMANY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 157

TABLE 158            GERMANY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 157

TABLE 159            ITALY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            158

TABLE 160            ITALY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            158

TABLE 161            ITALY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     159

TABLE 162            ITALY: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     159

TABLE 163            FRANCE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 160

TABLE 164            FRANCE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 160

TABLE 165            FRANCE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 161

TABLE 166            FRANCE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 161

TABLE 167            UK: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            162

TABLE 168            UK: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            162

TABLE 169            UK: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     163

TABLE 170            UK: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     163

TABLE 171            SPAIN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 164

TABLE 172            SPAIN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 164

TABLE 173            SPAIN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 165

TABLE 174            SPAIN: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 165

TABLE 175            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET,

BY APPLICATION, 2020–2024 (USD MILLION)       166

TABLE 176            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET,

BY APPLICATION, 2025–2030 (USD MILLION)       166

TABLE 177            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET,

BY APPLICATION, 2020–2024 (KILOTON)                167

TABLE 178            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET,

BY APPLICATION, 2025–2030 (KILOTON)                167

TABLE 179            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)       168

TABLE 180            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)       168

TABLE 181            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                169

TABLE 182            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                169

TABLE 183            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)            169

TABLE 184            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)            170

TABLE 185            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)         170

TABLE 186            MIDDLE EAST & AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)         170

TABLE 187            SAUDI ARABIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            171

TABLE 188            SAUDI ARABIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            172

TABLE 189            SAUDI ARABIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         172

TABLE 190            SAUDI ARABIA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         173

TABLE 191            UAE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (USD MILLION)            174

TABLE 192            UAE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (USD MILLION)            174

TABLE 193            UAE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2020–2024 (KILOTON)     175

TABLE 194            UAE: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY,

2025–2030 (KILOTON)     175

TABLE 195            SOUTH AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            176

TABLE 196            SOUTH AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            176

TABLE 197            SOUTH AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         177

TABLE 198            SOUTH AFRICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         177

TABLE 199            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2020–2024 (USD MILLION)            178

TABLE 200            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            178

TABLE 201            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2020–2024 (KILOTON)                 179

TABLE 202            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY APPLICATION, 2025–2030 (KILOTON)                 179

TABLE 203            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            180

TABLE 204            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            180

TABLE 205            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         181

TABLE 206            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         181

TABLE 207            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (USD MILLION)                 181

TABLE 208            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)                 182

TABLE 209            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2020–2024 (KILOTON)                 182

TABLE 210            SOUTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY COUNTRY, 2025–2030 (KILOTON)                 182

TABLE 211            BRAZIL: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)                 183

TABLE 212            BRAZIL: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)                 183

TABLE 213            BRAZIL: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)                 184

TABLE 214            BRAZIL: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)                 184

TABLE 215            ARGENTINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (USD MILLION)            185

TABLE 216            ARGENTINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)            185

TABLE 217            ARGENTINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2020–2024 (KILOTON)         186

TABLE 218            ARGENTINA: INDUSTRIAL CLEANING SOLVENTS MARKET, BY END-USE INDUSTRY, 2025–2030 (KILOTON)         186

TABLE 219            STRATEGIES ADOPTED BY KEY INDUSTRIAL CLEANING SOLVENT MANUFACTURERS, JANUARY 2020–APRIL 2025        187

TABLE 220            INDUSTRIAL CLEANING SOLVENTS MARKET: DEGREE OF COMPETITION         189

TABLE 221            INDUSTRIAL CLEANING SOLVENTS MARKET: REGION FOOTPRINT     195

TABLE 222            INDUSTRIAL CLEANING SOLVENTS MARKET: APPLICATION FOOTPRINT         196

TABLE 223            INDUSTRIAL CLEANING SOLVENTS MARKET: END-USE INDUSTRY FOOTPRINT             197

TABLE 224            INDUSTRIAL CLEANING SOLVENTS MARKET: KEY STARTUPS/SMES    199

TABLE 225            INDUSTRIAL CLEANING SOLVENTS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              200

TABLE 226            INDUSTRIAL CLEANING SOLVENTS MARKET: PRODUCT LAUNCHES,

JANUARY 2020–APRIL 2025            203

TABLE 227            INDUSTRIAL CLEANING SOLVENTS MARKET: DEALS, JANUARY 2020–APRIL 2025             204

TABLE 228            INDUSTRIAL CLEANING SOLVENTS MARKET: EXPANSIONS,

JANUARY 2020–APRIL 2025            205

TABLE 229            INDUSTRIAL CLEANING SOLVENTS MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–APRIL 2025            206

TABLE 230            BASF SE: COMPANY OVERVIEW 207

TABLE 231            BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             208

TABLE 232            BASF SE: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2025           209

TABLE 233            BASF SE: DEALS, JANUARY 2020–APRIL 2025                 209

TABLE 234            BASF SE: EXPANSIONS, JANUARY 2020–APRIL 2025        210

TABLE 235            BASF SE: OTHER DEVELOPMENTS, JANUARY 2020–APRIL 2025                210

TABLE 236            EXXON MOBIL CORPORATION: COMPANY OVERVIEW          212

TABLE 237            EXXON MOBIL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    213

TABLE 238            EXXON MOBIL CORPORATION: EXPANSIONS, JANUARY 2020–APRIL 2025            214

TABLE 239            SOLVAY S.A.: COMPANY OVERVIEW        216

TABLE 240            SOLVAY S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 241            SOLVAY S.A.: EXPANSIONS, JANUARY 2020–APRIL 2025           218

TABLE 242            DOW INC.: COMPANY OVERVIEW             220

TABLE 243            DOW INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             221

TABLE 244            DOW INC.: OTHER DEVELOPMENTS, JANUARY 2020–APRIL 2025                222

TABLE 245            EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW          224

TABLE 246            EASTMAN CHEMICAL COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    225

TABLE 247            EASTMAN CHEMICAL COMPANY: PRODUCT LAUNCHES,

JANUARY 2020–APRIL 2025            226

TABLE 248            EASTMAN CHEMICAL COMPANY: EXPANSIONS, JANUARY 2020–APRIL 2025            226

TABLE 249            CELANESE CORPORATION: COMPANY OVERVIEW          228

TABLE 250            CELANESE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    229

TABLE 251            CELANESE CORPORATION: EXPANSIONS, JANUARY 2020–APRIL 2025            230

TABLE 252            ARKEMA: COMPANY OVERVIEW                231

TABLE 253            ARKEMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             232

TABLE 254            ASHLAND INC.: COMPANY OVERVIEW   234

TABLE 255            ASHLAND INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    235

TABLE 256            ASHLAND INC.: DEALS, JANUARY 2020–APRIL 2025        236

TABLE 257            SHELL PLC.: COMPANY OVERVIEW          237

TABLE 258            SHELL PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             238

TABLE 259            LYONDELLBASELL INDUSTRIES N.V.: COMPANY OVERVIEW          240

TABLE 260            LYONDELLBASELL INDUSTRIES N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    241

TABLE 261            LYONDELLBASELL INDUSTRIES N.V.: OTHER DEVELOPMENTS,

JANUARY 2020–APRIL 2025            242

TABLE 262            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          243

TABLE 263            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    244

TABLE 264            EVONIK INDUSTRIES AG: COMPANY OVERVIEW                 246

TABLE 265            SASOL LIMITED: COMPANY OVERVIEW 247

TABLE 266            INNOSPEC INC.: COMPANY OVERVIEW 247

TABLE 267            STEPAN COMPANY: COMPANY OVERVIEW                 248

TABLE 268            AKZO NOBEL N.V.: COMPANY OVERVIEW                 248

TABLE 269            MERCK & CO., INC.: COMPANY OVERVIEW                 249

TABLE 270            BRASKEM S.A.: COMPANY OVERVIEW     249

TABLE 271            WESTLAKE CORPORATION: COMPANY OVERVIEW          250

TABLE 272            PPG INDUSTRIES, INC.: COMPANY OVERVIEW                 250

TABLE 273            OLIN CORPORATION: COMPANY OVERVIEW                 251

TABLE 274            CRC INDUSTRIES: COMPANY OVERVIEW                 251

TABLE 275            JOHNSON MATTHEY PLC: COMPANY OVERVIEW          252

TABLE 276            AGC CHEMICALS: COMPANY OVERVIEW                 252

TABLE 277            MITSUI CHEMICALS, INC.: COMPANY OVERVIEW          253

TABLE 278            SHIN-ETSU CHEMICAL CO., LTD.: COMPANY OVERVIEW          253

TABLE 279            EUROPE: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)            255

TABLE 280            EUROPE: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            255

TABLE 281            EUROPE: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)     256

TABLE 282            EUROPE: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)     256

TABLE 283            NORTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     256

TABLE 284            NORTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     257

TABLE 285            NORTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              257

TABLE 286            NORTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              257

TABLE 287            ASIA PACIFIC: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     257

TABLE 288            ASIA PACIFIC: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     258

TABLE 289            ASIA PACIFIC: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              258

TABLE 290            ASIA PACIFIC: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              258

TABLE 291            MIDDLE EAST & AFRICA: SOLVENTS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            259

TABLE 292            MIDDLE EAST & AFRICA: SOLVENTS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            259

TABLE 293            MIDDLE EAST & AFRICA: SOLVENTS MARKET, BY COUNTRY,

2018–2023 (KILOTON)     260

TABLE 294            MIDDLE EAST & AFRICA: SOLVENTS MARKET, BY COUNTRY,

2024–2029 (KILOTON)     260

TABLE 295            SOUTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     260

TABLE 296            SOUTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     261

TABLE 297            SOUTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              261

TABLE 298            SOUTH AMERICA: SOLVENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              261

LIST OF FIGURES

FIGURE 1              INDUSTRIAL CLEANING SOLVENTS MARKET SEGMENTATION AND

REGIONAL SCOPE            27

FIGURE 2              INDUSTRIAL CLEANING SOLVENTS MARKET: RESEARCH DESIGN         33

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS     37

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – BOTTOM-UP

(SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS                 37

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP

(DEMAND SIDE)               38

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 – TOP-DOWN         38

FIGURE 7              INDUSTRIAL CLEANING SOLVENTS MARKET: DATA TRIANGULATION                40

FIGURE 8              MARKET CAGR PROJECTIONS FROM SUPPLY SIDE      41

FIGURE 9              MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS

AND OPPORTUNITIES   42

FIGURE 10            GENERAL & MEDICAL DEVICE CLEANING SEGMENT HELD LARGEST

MARKET SHARE IN 2024 44

FIGURE 11            HEALTHCARE TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD                45

FIGURE 12            ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF INDUSTRIAL

CLEANING SOLVENTS MARKET IN 2024 46

FIGURE 13            RAPID URBANIZATION TO CREATE LUCRATIVE OPPORTUNITIES

FOR MARKET PLAYERS 47

FIGURE 14            ASIA PACIFIC TO BE LARGEST MARKET DURING FORECAST PERIOD         47

FIGURE 15            GENERAL & MEDICAL DEVICE CLEANING SEGMENT ACCOUNTED FOR

LARGEST SHARE OF ASIA PACIFIC MARKET IN 2024          48

FIGURE 16            MANUFACTURING & COMMERCIAL OFFICES SEGMENT DOMINATED

MARKET IN EUROPE & ASIA PACIFIC IN 2024        48

FIGURE 17            INDIA TO BE FASTEST-GROWING INDUSTRIAL CLEANING SOLVENTS MARKET DURING FORECAST PERIOD                 49

FIGURE 18            INDUSTRIAL CLEANING SOLVENTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 50

FIGURE 19            INDUSTRIAL CLEANING SOLVENTS MARKET: PORTER’S FIVE FORCES ANALYSIS            55

FIGURE 20            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP

THREE END-USE INDUSTRIES    57

FIGURE 21            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              58

FIGURE 22            INDUSTRIAL CLEANING SOLVENTS MARKET: SUPPLY CHAIN ANALYSIS             60

FIGURE 23            AVERAGE SELLING PRICE OF INDUSTRIAL CLEANING SOLVENTS OFFERED

BY KEY PLAYERS FOR TOP THREE APPLICATIONS, 2024 62

FIGURE 24            AVERAGE SELLING PRICE TREND OF INDUSTRIAL CLEANING SOLVENTS,

BY REGION, 2022–2030 (USD/KG)               63

FIGURE 25            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 64

FIGURE 26            INDUSTRIAL CLEANING SOLVENTS MARKET: ECOSYSTEM ANALYSIS  65

FIGURE 27            IMPORT DATA FOR INDUSTRIAL CLEANING SOLVENTS, BY KEY COUNTRY,

2019–2024 (USD MILLION)            69

FIGURE 28            EXPORT DATA FOR INDUSTRIAL CLEANING SOLVENTS, BY KEY COUNTRY,

2019–2024 (USD MILLION)            70

FIGURE 29            PATENTS REGISTERED FOR INDUSTRIAL CLEANING SOLVENTS, 2014–2024               76

FIGURE 30            MAJOR PATENTS RELATED TO INDUSTRIAL CLEANING SOLVENTS, 2014–2024               77

FIGURE 31            LEGAL STATUS OF PATENTS FILED RELATED TO INDUSTRIAL

CLEANING SOLVENTS, 2014–2024               79

FIGURE 32            MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA, 2014–2024       80

FIGURE 33            IMPACT OF AI/GEN AI ON INDUSTRIAL CLEANING SOLVENTS MARKET 85

FIGURE 34            GENERAL & MEDICAL DEVICE CLEANING SEGMENT TO LEAD MARKET

DURING FORECAST PERIOD       92

FIGURE 35            HEALTHCARE TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD                106

FIGURE 36            ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2025 AND 2030               122

FIGURE 37            ASIA PACIFIC: INDUSTRIAL CLEANING SOLVENTS MARKET SNAPSHOT                124

FIGURE 38            NORTH AMERICA: INDUSTRIAL CLEANING SOLVENTS MARKET SNAPSHOT                138

FIGURE 39            EUROPE: INDUSTRIAL CLEANING SOLVENTS MARKET SNAPSHOT       150

FIGURE 40            MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024   189

FIGURE 41            REVENUE ANALYSIS OF KEY COMPANIES OF INDUSTRIAL CLEANING

SOLVENTS, 2020–2024     191

FIGURE 42            INDUSTRIAL CLEANING SOLVENTS MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     193

FIGURE 43            INDUSTRIAL CLEANING SOLVENTS MARKET: COMPANY FOOTPRINT 194

FIGURE 44            INDUSTRIAL CLEANING SOLVENTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024                 199

FIGURE 45            BRAND/PRODUCT COMPARISON             201

FIGURE 46            INDUSTRIAL CLEANING SOLVENTS MARKET: EV/EBITDA OF KEY MANUFACTURERS  202

FIGURE 47            INDUSTRIAL CLEANING SOLVENTS MARKET: ENTERPRISE

VALUATION (EV) OF KEY PLAYERS          202

FIGURE 48            BASF SE: COMPANY SNAPSHOT 208

FIGURE 49            EXXON MOBIL CORPORATION: COMPANY SNAPSHOT          213

FIGURE 50            SOLVAY S.A.: COMPANY SNAPSHOT        217

FIGURE 51            DOW INC.: COMPANY SNAPSHOT             221

FIGURE 52            EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT          225

FIGURE 53            CELANESE CORPORATION: COMPANY SNAPSHOT          229

FIGURE 54            ARKEMA: COMPANY SNAPSHOT               232

FIGURE 55            ASHLAND INC.: COMPANY SNAPSHOT   235

FIGURE 56            SHELL PLC: COMPANY SNAPSHOT           238

FIGURE 57            LYONDELLBASELL INDUSTRIES N.V.: COMPANY SNAPSHOT          241

FIGURE 58            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          244