Aqueous-based Metal Cleaner Market

Aqueous-based Metal Cleaner Market Outlook from 2024 to 2034

The Aqueous-Based Metal Cleaner Market is estimated to be valued at USD 12.70 billion in 2024. The demand for aqueous-based metal cleaners is projected to reach USD 22.50 billion, exhibiting a CAGR of 5.9% through 2034.

Key Market Drivers

The aqueous-based metal cleaner market generated an estimated revenue of USD 8.9 billion in 2019. In five years, the market grew at a 7.36% CAGR and added a staggering revenue of USD 3.80 billion. Several reasons can be attributed to this growth:

• Increasing adoption of aqueous-based metal cleaners in various industries due to their lower environmental impacts compared to traditional solvent-based cleaners.
• The cost-efficiency of aqueous-based metal cleaners, coupled with their competitive performance, stimulates their demand in the market.
• Ongoing research and development activities lead to innovations in aqueous-based formulations that enhance their effectiveness in metal cleaning applications.
• The expanding metal fabrication industry due to infrastructure development and rising manufacturing needs in developing and underdeveloped countries drives market growth.
• Supportive government initiatives promote the use of environmentally friendly and sustainable cleaning solutions.
• The aerospace industry's stringent quality standards and the need for precision cleaning also drive the product demand.
• The automotive industry's focus on sustainable practices and stringent quality standards fuel the adoption of aqueous-based metal cleaners in manufacturing and maintenance processes.

Attributes	Key Statistics
Aqueous-based Metal Cleaner Market Value (2024)	USD 12.70 billion
Anticipated Market Value (2034)	USD 22.50 billion
Estimated Growth (2024 to 2034)	5.90% CAGR

Consumption Analysis of the Aqueous-based Metal Cleaner Market

• The automotive industry is increasingly adopting aqueous-based metal cleaners due to their effectiveness in meeting stringent cleanliness standards and the growing preference for eco-friendly products in manufacturing and maintenance processes.
• The demand for aqueous-based cleaners is growing in the aerospace industry. The industry's emphasis on precision cleaning and the need for compliance with strict quality and safety standards is attributable to the rising product demand.
• The electronics manufacturing sector is also contributing to the market as these cleaners provide effective cleaning without compromising the integrity of sensitive electronic components.
• Power generation plants are opting for aqueous-based metal cleaners due to their ability to clean metal components used in power generation equipment efficiently.
• The growing adoption of aqueous-based metal cleaners is also observed in the oil and gas industry, where they are used extensively for the cleaning and maintenance of crucial equipment such as pipelines, drilling components, and extraction machinery.
• In the railway industry, there is a growing preference for aqueous-based metal cleaners for maintenance purposes for removing contaminants from metal surfaces in a safe and sustainable manner.

Restraining Factors Affecting the Aqueous-based Metal Cleaner Market

The market is anticipated to surpass a global valuation of USD 22.50 billion by the year 2034, expanding at a 5.90% CAGR. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:

• Aqueous-based cleaners have limited applications in large-scale operations. This creates reluctance in the minds of business owners to opt for these solutions, hindering market growth.
• The initial investment required for transitioning to aqueous-based cleaning systems, including equipment and infrastructure, is very costly. This becomes a major challenge for small companies with budget constraints away from the market.
• There are still concerns about the efficacy of aqueous-based metal cleaners as compared to solvent-based cleaners. This negative perception also slows down the adoption of these cleaners in the manufacturing sector.
• With the usage of aqueous-based metal cleaners, there are chances of corrosion, leading to concerns about their long-term impact on equipment integrity, potentially slowing down their adoption in critical applications.

Category-wise Insights

Attributes	Details
Top End-use Industry	Manufacturing
CAGR (2024 to 2034)	5.70%

Aqueous-based Metal Cleaners find their Place in the Manufacturing Sector

Depending on the end-users, the aqueous-based metal cleaner market is bifurcated into automotive and aerospace, manufacturing, and healthcare. The manufacturing segment is anticipated to grow at a 5.70% CAGR through 2034.

• The demand for aqueous-based metal cleaners is touching the skies in the manufacturing sector as they are used in the production of high-performance and reliable machinery.
• Factory units across the world are also adopting these cleaners due to their cost-effectiveness, efficiency in cleaning diverse metal surfaces, and alignment with sustainability goals.
• Even in the electronics manufacturing industry, the demand for these cleaners is high, as they find their applications in cleaning electronic components and circuit boards.

Ultrasonic Metal Cleaners to Become the Next Phenomenon in the Industrial World

Attributes	Details
Top Technology Type	Ultrasonic
CAGR (2024 to 2034)	5.50%

The aqueous-based metal cleaner market is categorized by technology type into ultrasonic, rinse, dip, and spray. The ultrasonic segment dominates the market and is anticipated to grow at a CAGR of 5.50% through 2034.

• Ultrasonic metal cleaners are gaining dominance due to their high efficiency in removing contaminants through cavitation, making them ideal for intricate parts and complex geometries.
• Factory units are also preferring ultrasonic metal cleaners due to their ability to reach and clean hard-to-reach areas. This makes them a perfect choice for manufacturers where precision cleaning of intricate components is crucial.

Country-wise Insights

The section provides an analysis of the aqueous-based metal cleaner market by country, including Japan, China, the United States, the United Kingdom, and South Korea. The table presents the CAGRs for each country, indicating the expected growth of the market in that country through 2034.

Countries	CAGR (2024 to 2034)
South Korea	8.00%
Japan	7.40%
The United Kingdom	7.00%
China	6.50%
The United States	6.10%

Aqueous-based Metal Cleaner Market in South Korea

South Korea is one of the leading countries in this market. The South Korean market is anticipated to retain its dominance by progressing at an annual growth rate of 8.00% till 2034.

• The automotive and electronics industries are expanding exponentially in South Korea. This is automatically pushing the demand for metal cleaners as they are used to eliminate contaminants from circuits and electronic components.
• The country has always been at the forefront of technological advancements in the manufacturing sector, driving the adoption of advanced metal cleaning solutions to enhance manufacturing efficiency and the quality of finished goods.

Aqueous-based Metal Cleaner Market in Japan

Japan is another Asian country that leads the aqueous-based metal cleaner market. The Japanese market is anticipated to retain its dominance by progressing at an annual growth rate of 7.40% till 2034.

• Japan's manufacturing sector, known for its high-precision processes, is one of the largest consumers of aqueous-based metal cleaners in the world. These entities use metal cleaners for meticulous cleaning of components.
• Besides this, the Japanese industrial sector is also very keen on the environmental impact of their processes. Aqueous-based metal cleaners are relatively less harmful to the surroundings. This has made its adoption very crucial for eco-conscious businesses.

Aqueous-based Metal Cleaner Market in the United Kingdom

The United Kingdom dominates the market in the European region. The United Kingdom's aqueous-based metal cleaner market is anticipated to exhibit an annual growth rate of 7.00% through 2034.

• The environmental regulations in the United Kingdom have significantly pushed companies and businesses in the region to transition from solvent-based to aqueous-based metal cleaners, as the latter is ecologically more supportive. This has expanded the market in the United Kingdom.
• The United Kingdom is also blessed with a robust manufacturing and automotive sector. These sectors generate huge demand for aqueous-based metal cleaners as they are essential for ensuring the cleanliness and quality of manufactured components.

Aqueous-based Metal Cleaner Market in China

China, too, is one of the leading countries in the aqueous-based metal cleaner market, which is anticipated to register a CAGR of 6.50% through 2034.

• Over the past few years, China has gone through a period of rapid industrialization. The same period also experienced massive growth in manufacturing activities, particularly in the automotive and electronics sectors. This has contributed to the demand for efficient metal cleaning solutions in the country.
• Apart from this, government initiatives promoting green technologies and sustainable manufacturing practices also encourage the adoption of aqueous-based metal cleaners in the country.

Aqueous-based Metal Cleaner Market in the United States

The United States leads the market in the North American region. Over the next ten years, the demand for aqueous-based metal cleaners is projected to rise at a 6.10% CAGR.

• Some of the major aviation companies, such as Boeing, Lockheed Martin Corporation, Airbus, etc., are present in the United States and they use metal cleaners for precision cleaning to ensure high-quality production.
• Besides this, the United States regulatory environment emphasizes workplace safety, prompting industries to shift toward aqueous-based metal cleaners as safer alternatives to traditional solvents.

Competitive Landscape

The market for aqueous-based metal cleaners is highly fragmented and is filled with numerous companies that not only cater to regional consumers but also international ones.

BASF SE, The Dow Chemical Company, Henkel AG & Co., KGaA, 3M Company, PG Industries, Inc., Quaker Houghton, etc., are some of the most prominent companies that emphasize the development and promotion of environmentally sustainable cleaning solutions.

These companies are also expanding their consumer base by strategically marketing their products in underdeveloped and developing countries.

Recent Developments

• In February 2022, Alconox supplied critical cleaning liquids and powders for precise sanitization in industries including pharmaceuticals. The high-quality biodegradable detergents used for cleaning equipment demonstrated consistent residue removal, meeting global healthcare and hospital cleaning standards.
• Recently, NGL Aqueous processes demonstrated their efficacy in ultrasonic cleaning, emphasizing the critical role of substrate-specific detergent formulations. The water-based cleaning system, with advanced protective additives, safely and efficiently cleaned sensitive metal parts, ensuring superior quality and performance for coatings.

Key Companies in the Market

• BASF SE
• The Dow Chemical Company
• Henkel AG & Co. KGaA
• 3M Company
• PPG Industries, Inc.
• Quaker Houghton
• Solvay S.A.
• Stepan Company
• Eastman Chemical Company
• Diversey, Inc.
• Chemetall (BASF Group)
• Zep, Inc.
• Croda International Plc
• Nouryon
• Clariant AG
• W. R. Grace & Co.
• Air Products and Chemicals, Inc.
• Kao Corporation
• Emerson Electric Co. (Branson Ultrasonics)
• Evonik Industries AG

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Cleaning Chemicals
  • 5.1. Builders
  • 5.2. Inhibitors
  • 5.3. Surfactants
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use Industries
  • 6.1. Manufacturing
  • 6.2. Automotive & Aerospace
  • 6.3. Healthcare
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Chemistry Type
  • 7.1. Alkaline
  • 7.2. Acidic
  • 7.3. Neutral
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology
  • 8.1. Ultrasonic
  • 8.2. Rinse
  • 8.3. Dip
  • 8.4. Spray
• 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 9.1. North America
  • 9.2. Latin America
  • 9.3. Western Europe
  • 9.4. Eastern Europe
  • 9.5. South Asia and Pacific
  • 9.6. East Asia
  • 9.7. Middle East and Africa
• 10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 17. Key Countries Market Analysis
• 18. Market Structure Analysis
• 19. Competition Analysis
  • 19.1. BASF SE
  • 19.2. Stepan Company
  • 19.3. Evonik Industries AG
  • 19.4. Eastman Chemical Company
  • 19.5. Nouryon
  • 19.6. Clariant AG
  • 19.7. The Chemours Company
  • 19.8. Indorama Ventures Public Company Limited
  • 19.9. Ashland Global Holdings
  • 19.10. Dow
• 20. Assumptions & Acronyms Used
• 21. Research Methodology