Product Code: PM5839
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.
Industrial Cleaning Solvents Market Report Highlights
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
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Industrial Cleaning Solvents Market Insights
- 4.1. Industrial Cleaning Solvents Market - Market Snapshot
- 4.2. Industrial Cleaning Solvents Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Expansion of Manufacturing Sector
- 4.2.1.2. Expansion of Automotive and Aerospace Industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Raw Material Price Volatility
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Industrial Cleaning Solvents Market Application Trends
- 4.6. Value Chain Analysis
5. Global Industrial Cleaning Solvents Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 5.3. Hydrocarbon Solvents
- 5.3.1. Global Industrial Cleaning Solvents Market, by Hydrocarbon Solvents, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.4. Oxygenated Solvents
- 5.4.1. Global Industrial Cleaning Solvents Market, by Oxygenated Solvents, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.5. Bio-Based Solvents
- 5.5.1. Global Industrial Cleaning Solvents Market, by Graphite Powder, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 5.6. Chlorinated Solvents
- 5.6.1. Global Industrial Cleaning Solvents Market, by Chlorinated Solvents, by Other, 2020-2034 (Volume Kilotons, USD Billion)
- 5.7. Other Products
- 5.7.1. Global Industrial Cleaning Solvents Market, by Other Products, by Other, 2020-2034 (Volume Kilotons, USD Billion)
6. Global Industrial Cleaning Solvents Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 6.3. Healthcare
- 6.3.1. Global Industrial Cleaning Solvents Market, by Healthcare, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.4. Manufacturing & Commercial Offices
- 6.4.1. Global Industrial Cleaning Solvents Market, by Manufacturing & Commercial Offices, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.5. Retail & Food Services
- 6.5.1. Global Industrial Cleaning Solvents Market, by Retail & Food Services, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.6. Hospitality
- 6.6.1. Global Industrial Cleaning Solvents Market, by Hospitality, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.7. Automotive & Aerospace
- 6.7.1. Global Industrial Cleaning Solvents Market, by Automotive & Aerospace, by Region, 2020-2034 (Volume Kilotons, USD Billion)
- 6.8. Other End Use
- 6.8.1. Global Industrial Cleaning Solvents Market, by Other End Use, by Region, 2020-2034 (Volume Kilotons, USD Billion)
7. Global Industrial Cleaning Solvents Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Industrial Cleaning Solvents Market Assessment, By Geography, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3. Industrial Cleaning Solvents Market - North America
- 7.3.1. North America: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.2. North America: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.3. Industrial Cleaning Solvents Market - U.S.
- 7.3.3.1. U.S.: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.3.2. U.S.: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.4. Industrial Cleaning Solvents Market - Canada
- 7.3.4.1. Canada: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.4.2. Canada: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.5. Industrial Cleaning Solvents Market - Mexico
- 7.3.5.1. Mexico: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.3.5.2. Mexico: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4. Industrial Cleaning Solvents Market - Europe
- 7.4.1. Europe: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.2. Europe: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.3. Industrial Cleaning Solvents Market - UK
- 7.4.3.1. UK: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.3.2. UK: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.4. Industrial Cleaning Solvents Market - France
- 7.4.4.1. France: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.4.2. France: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.5. Industrial Cleaning Solvents Market - Germany
- 7.4.5.1. Germany: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.5.2. Germany: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.6. Industrial Cleaning Solvents Market - Italy
- 7.4.6.1. Italy: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.6.2. Italy: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.7. Industrial Cleaning Solvents Market - Spain
- 7.4.7.1. Spain: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.7.2. Spain: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.8. Industrial Cleaning Solvents Market - Netherlands
- 7.4.8.1. Netherlands: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.8.2. Netherlands: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.9. Industrial Cleaning Solvents Market - Russia
- 7.4.9.1. Russia: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.9.2. Russia: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.10. Industrial Cleaning Solvents Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.4.10.2. Rest of Europe: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5. Industrial Cleaning Solvents Market - Asia Pacific
- 7.5.1. Asia Pacific: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.2. Asia Pacific: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.3. Industrial Cleaning Solvents Market - China
- 7.5.3.1. China: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.3.2. China: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.4. Industrial Cleaning Solvents Market - India
- 7.5.4.1. India: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.4.2. India: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.5. Industrial Cleaning Solvents Market - Malaysia
- 7.5.5.1. Malaysia: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.5.2. Malaysia: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.6. Industrial Cleaning Solvents Market - Japan
- 7.5.6.1. Japan: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.6.2. Japan: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.7. Industrial Cleaning Solvents Market - Indonesia
- 7.5.7.1. Indonesia: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.7.2. Indonesia: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.8. Industrial Cleaning Solvents Market - South Korea
- 7.5.8.1. South Korea: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.8.2. South Korea: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.9. Industrial Cleaning Solvents Market - Australia
- 7.5.9.1. Australia: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.9.2. Australia: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.10. Industrial Cleaning Solvents Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.5.10.2. Rest of Asia Pacific: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6. Industrial Cleaning Solvents Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.2. Middle East & Africa: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.3. Industrial Cleaning Solvents Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.3.2. Saudi Arabia: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.4. Industrial Cleaning Solvents Market - UAE
- 7.6.4.1. UAE: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.4.2. UAE: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.5. Industrial Cleaning Solvents Market - Israel
- 7.6.5.1. Israel: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.5.2. Israel: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.6. Industrial Cleaning Solvents Market - South Africa
- 7.6.6.1. South Africa: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.6.2. South Africa: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.7. Industrial Cleaning Solvents Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.6.7.2. Rest of Middle East & Africa: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7. Industrial Cleaning Solvents Market - Latin America
- 7.7.1. Latin America: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.2. Latin America: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.3. Industrial Cleaning Solvents Market - Brazil
- 7.7.3.1. Brazil: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.3.2. Brazil: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.4. Industrial Cleaning Solvents Market - Argentina
- 7.7.4.1. Argentina: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.4.2. Argentina: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.5. Industrial Cleaning Solvents Market - Rest of Latin America
- 7.7.5.1. Rest of Latin America: Industrial Cleaning Solvents Market, by Product, 2020-2034 (Volume Kilotons, USD Billion)
- 7.7.5.2. Rest of Latin America: Industrial Cleaning Solvents Market, by Application, 2020-2034 (Volume Kilotons, USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. AkzoNobel N.V.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Arkema
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Ashland
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Dow
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Eastman Chemical Company
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Evonik Industries
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. ExxonMobil Corporation
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. LyondellBasell Industries Holdings B.V.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Shell Plc
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Solvay SA
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. The Lubrizol Corporation
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development