Industrial Cleaning Solvents Market: Global Growth Outlook to 2030
The global industrial cleaning solvents market was valued at USD 49.34 billion in 2024 and is anticipated to reach USD 65.78 billion by 2030, expanding at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2030. This growth reflects the increasing demand across a broad spectrum of industries that rely heavily on cleaning solvents for maintaining hygiene, equipment performance, and compliance with safety standards. Industrial cleaning solvents are extensively utilized in a wide array of sectors, including but not limited to manufacturing, automotive, aerospace, electronics, pharmaceuticals, and metal fabrication. These industries depend on specialized solvents to meet diverse cleaning requirements, ranging from general maintenance to precision cleaning tasks. Solvents play a crucial role in various cleaning applications such as degreasing of metal parts, cleaning of electronic components, removal ...