Global Aqueous-based Metal Cleaners Market Size By End-Use Industry (Manufacturing, Automotive & Aerospace, Healthcare), By Technology Type (Ultrasonic, Rinse, Dip, Spray), By Geographic Scope And Forecast

Report ID: 340639|No. of Pages: 202

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Global Aqueous-based Metal Cleaners Market Size By End-Use Industry (Manufacturing, Automotive & Aerospace, Healthcare), By Technology Type (Ultrasonic, Rinse, Dip, Spray), By Geographic Scope And Forecast

Report ID: 340639|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Aqueous-based Metal Cleaners Market Size And Forecast

Aqueous-based Metal Cleaners Market size is valued at USD 11.8 Billion in 2024. It is expected to reach USD 17.98 Billion by 2030, with an expected CAGR of 5.40% from 2024 to 2031.

Aqueous-based metal cleansers are cleaning solutions or agents that are mostly made of water and a variety of additives and are used to clean metal surfaces by removing impurities, dirt, oils, greases, and other residues. These cleaners are frequently used in manufacturing, maintenance, and industrial environments where metal parts and components need to be thoroughly cleaned before further processing or assembly. The Global Aqueous-based Metal Cleaners Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Aqueous-based Metal Cleaners Market is estimated to grow at a CAGR of 5.40% & reach US$ 17.98 Bn by the end of 2030

Global Aqueous Based Metal Cleaners Market Drivers

The market drivers for the Aqueous Based Metal Cleaners Market can be influenced by various factors. These may include:

  • Environmental Regulations and Sustainability Initiatives: The market for aqueous-based metal cleansers is driven by a growing number of environmental regulations and sustainability initiatives, as opposed to solvent-based alternatives. Aqueous cleaners meet legal standards and business sustainability objectives since they are non-toxic, biodegradable, and less damaging to the environment.
  • Health and Safety Concerns: Compared to solvent-based metal cleaners, which may release volatile organic compounds (VOCs) and contain dangerous chemicals, aqueous-based metal cleaners provide a safer working environment for employees. The use of aqueous cleaners is driven by the emphasis on occupational health and safety standards as well as the goal of minimising worker exposure to hazardous substances.
  • Cost-Effectiveness and Operational Efficiency: When it comes to material costs, waste disposal costs, and regulatory compliance costs, aqueous cleaners can be more cost-effective than solvent-based cleaners. Aqueous cleaners can also be utilised in automated cleaning systems, which lowers labour costs and increases operational efficiency.
  • Performance and Effectiveness: Aqueous-based metal cleaners now function better and are more effective thanks to developments in aqueous cleaning formulations and technologies. These cleaners may efficiently eliminate rust, scale, oils, greases, and other impurities from metal surfaces, guaranteeing excellent cleaning outcomes and boosting the dependability and performance of the product.
  • Compatibility with a Wide Range of Metals and Substrates: Steel, aluminium, copper, and alloys are just a few of the metals and substrates that aqueous-based metal cleaners are compatible with. They are adaptable solutions for a range of industrial applications since they may be made to satisfy certain cleaning and surface compatibility standards.
  • Market Demand in Important End-Use Sectors: Aqueous-based metal cleaners are widely used in a number of end-use sectors, such as manufacturing, electronics, automotive, aerospace, and metalworking. The demand for aqueous cleansers is fueled by the expansion of these industries, which is fueled by elements like urbanisation, infrastructural development, and technological improvements.
  • Emphasis on Quality and Performance Standards: There are strict quality and performance requirements for metal parts and components in industries like aerospace and automotive. By lowering rejects, increasing product quality and performance, and producing consistent, dependable cleaning results, aqueous-based metal cleaners assist producers in meeting these requirements.
  • Technological and Equipment Advancements: The efficacy and efficiency of aqueous-based metal cleaning procedures are improved by technological and equipment innovations such immersion tanks, spray washers, and ultrasonic cleaning systems. Market expansion is driven by integrated cleaning solutions with optimal cleaning chemistry and equipment arrangements.
  • Transition to Water-Based Manufacturing Processes: The adoption of aqueous-based metal cleansers is encouraged by the move towards water-based manufacturing processes, which is motivated by efforts to save resources and address sustainability issues. To lessen their influence on the environment, water consumption, and waste production, manufacturers are looking for alternatives to solvent-based methods.
  • Market Penetration in Emerging Economies: The market for aqueous-based metal cleansers is expected to rise significantly in emerging economies due to their growing manufacturing sectors and rising levels of industrialization. These areas are leading the way in the use of aqueous cleaners due to regulatory compliance, technology transfer, and public knowledge of the advantages for the environment and human health.

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Global Aqueous Based Metal Cleaners Market Restraints

Several factors can act as restraints or challenges for the Aqueous Based Metal Cleaners Market. These may include:

  • Opposition to Change: Because of well-established cleaning procedures, tools, and supply networks, some sectors may show opposition to converting from solvent-based cleansers to aqueous-based substitutes. The use of aqueous cleaners may be hindered by a resistance to alter current procedures and financial investments in solvent-based cleaning systems.
  • Performance Restrictions: Although the performance of aqueous-based metal cleaners has increased, they might not always be as effective as solvent-based cleaners in cleaning particular types of pollutants or applications. The adoption of aqueous cleaners may be hindered in some industries by doubts regarding their capacity to remove heavy oils, greases, and tenacious residues.
  • Surface Compatibility Issues: Because of the possibility of corrosion, discoloration, or surface damage, aqueous-based metal cleaners might not be appropriate for cleaning certain metals, alloys, or delicate substrates. The usability of aqueous cleaners in some sectors, such electronics and aerospace, may be restricted by compatibility problems with particular materials and surface treatments.
  • Drying and Residue Issues: In order to keep aqueous-based cleaners from leaving behind water stains, streaks, and residues on metal surfaces, careful drying procedures are necessary. Surface contamination can be caused by inadequate drying or inappropriate rinsing techniques, which can impact the quality and appearance of the product. Concerns regarding residue removal and drying durations could hinder the use of aqueous cleaners.
  • Energy Consumption and Resource Use: Compared to solvent-based cleaning techniques, aqueous-based cleaning procedures could need more energy to heat water, run pumps, and run drying equipment. Aqueous cleansers’ increased resource and energy consumption can have a negative impact on the environment and increase operating expenses, negating any sustainability gains.
  • Regulatory Compliance Challenges: Despite the fact that aqueous-based metal cleansers are superior to solvent-based alternatives in terms of the environment and human health, they are nevertheless subject to regulations and compliance standards. Aqueous cleaning procedures become more complex and expensive when meeting regulatory requirements for things like hazardous waste management, effluent treatment, and wastewater discharge restrictions.
  • Cost considerations: The initial investment in equipment, infrastructure, and cleaning chemistry can be substantial, even though aqueous-based metal cleaners may ultimately prove to be more cost-effective than solvent-based cleaners. Adoption decisions may be delayed by cost-conscious enterprises that place a higher priority on immediate cost savings than the possible advantages of aqueous cleaners.
  • Supply Chain Disruptions: The availability and cost of aqueous-based cleaning chemicals and additives can be affected by supply chain disruptions such as shortages of raw materials, delays in shipment, and geopolitical issues. Supplier chain risks and uncertainties may be encountered by enterprises who rely on imported specialty chemicals or raw materials.
  • Limited Knowledge and Education: Particularly in developing nations or smaller businesses, some end users might not be fully aware of the advantages and potential of aqueous-based metal cleaners. Adoption and optimisation efforts may be hampered by a lack of knowledge and technical assistance with regard to aqueous cleaning procedures, choosing the right chemical, and best practices.
  • Pressure from Solvent Alternatives: Although aqueous-based cleaners are becoming more popular, there are still solvent-based alternatives on the market, especially for specialised uses where aqueous cleansers might not be appropriate. Manufacturers of aqueous cleaners may face difficulties due to perceived solvent performance benefits and competitive pressure from substitute solvents.

Global Aqueous-based Metal Cleaners Market Segmentation Analysis

The Global Aqueous-based Metal Cleaners Market is Segmented on the basis of End-Use Industry, Technology Type, and Geography.

Aqueous-based Metal Cleaners Market Segmentation Analysis

Aqueous-based Metal Cleaners Market, By End-Use Industry

  • Manufacturing
  • Automotive & Aerospace
  • Healthcare

Based on the End-Use industry, The market is segmented into Manufacturing, Automotive & Aerospace, and Healthcare. Due to its many roles in the healthcare industry, the healthcare category is predicted to grow strongly. The use of aqueous-based metal cleansers in the healthcare industry is opening the door for a number of benefits in terms of efficiency, fewer surface residues, and easier cleaning. Aqueous-based cleaning is carried out using one of two procedures, depending on the pollutants involved. To prevent drag out, all greasy residues are first cleaned using an alkaline cleaner. This is followed by an acid cleaner and thorough rinsing to remove inorganic pollutants that are insoluble in alkaline. Due to rising health consciousness, this will fuel growth in the following years.

Aqueous-based Metal Cleaners Market, By Technology Type

  • Ultrasonic
  • Rinse
  • Dip
  • Spray

Based on Technology Type, The market is segmented into Ultrasonic, Rinse, Dip, and Spray. Due to its growing use in a variety of industries for a variety of purposes, the ultrasonic market is expected to experience faster expansion. Sound waves are created in the air when an audio speaker vibrates a diaphragm to create music, which is also how ultrasonic cleaning functions. As the sound wave moves through the water, alternately high- and low-pressure zones are created. In the electronics, jewelry, healthcare, and precision optics industries, where this technology is better suited for small and complex components, a high standard of cleanliness is required. The use of ultrasonic cleaning reduces maintenance-related problems by eliminating foreign impurities from equipment surfaces. Less maintenance and continued production could result from this. This will accelerate the market’s growth.

Aqueous-based Metal Cleaners Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on regional Analysis, the Global Aqueous-based Metal Cleaners Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific is expected to witness higher growth rate owing to the increasing demand for sustainable green solutions, technological advancement, government regulations and economic growth.Asia Pacific has become a desirable market for aqueous-based metal cleansers due to the rapid economic growth in developing nations and rising disposable incomes. The region’s high use of aqueous-based metal cleaners is primarily due to the region’s rapid increase in industrial production, which boosted trade and increased demand for automobiles.

Key Players

Some of the major players operating in the Global Aqueous-based Metal Cleaners Market include BASF, Dow, Stepan Company, Evonik Industries, Eastman Chemical Company, Nouryon, Clariant, Chemours Company, Indorama Ventures, and Ashland Global Holdings.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

BASF, Dow, Stepan Company, Evonik Industries, Eastman Chemical Company, Nouryon, Clariant, Chemours Company, Indorama Ventures, and Ashland Global Holdings.

Segments Covered
  • By End-Use Industry
  • By Technology Type
  • By  Geography
Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

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Frequently Asked Questions

Aqueous-based Metal Cleaners Market is valued at USD 11.8 Billion in 2024. It is expected to reach USD 17.98 Billion by 2030, with an expected CAGR of 5.40% from 2024 to 2031.

The need for aqueous-based metal cleaners as an environmentally acceptable cleaning option has been fueled by the necessity to adhere to environmental standards.

The major players are BASF, Dow, Stepan Company, Evonik Industries, Eastman Chemical Company, Nouryon, Clariant, Chemours Company, Indorama Ventures, and Ashland Global Holdings.

The Global Aqueous-based Metal Cleaners Market is Segmented on the basis of End-Use Industry, Technology Type, and Geography.

The sample report for the Aqueous-based Metal Cleaners Market can be obtained on demand from the website. Also, 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET, BY END-USE
5.1 Manufacturing
5.2 Automotive and Aerospace
5.3 Healthcare

6 GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET, BY TECHNOLOGY TYPE
6.1 Ultrasonic
6.2 Rinse
6.3 Dip
6.4 Spray

7 GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa

8 GLOBAL AQUEOUS-BASED METAL CLEANERS MARKET LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies

9 COMPANY PROFILES

9.1 BASE
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments

9.2 DOW
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments

9.3 Stepan Company
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments

9.4 Evonik Industries
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments

9.5 Eastman Chemical Company
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments

9.6 Nouryon
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments

9.7 Clariant
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments

9.8 Chemours Company
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments

9.9 Indorama Ventures
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments

9.10 Ashland Global Holdings
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments

10 Appendix
10.1.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Aqueous-based Metal Cleaners Market

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