Market Structure, Emerging Trends, and Key Player Analysis in the Automotive Part Cleaners and Degreasers Industry

The automotive part cleaners and degreasers market is set to experience steady growth over the coming years, driven by several important industry shifts. As advancements in vehicle technology continue and environmental concerns become more prominent, the market is adapting to meet new demands and regulations. Let's explore the market size projections, key players, emerging trends, and segmentation details that define this evolving sector.

Projected Market Size and Growth Drivers for Automotive Part Cleaners and Degreasers
The market for automotive part cleaners and degreasers is anticipated to reach a value of $44.02 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.4%. This expansion is propelled by factors such as the increasing adoption of electric vehicles, more stringent environmental laws, growth in aftermarket service sectors, innovations in bio-based cleaning products, and the rising need for maintaining vehicle fleets. Additionally, notable trends that will shape the market include the rising preference for eco-friendly degreasing agents, the broadening scope of vehicle maintenance services, more frequent use of cleaners for electric vehicle components, a shift toward water-based cleaning solutions, and a focus on delivering high-efficiency cleaning products.

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Leading Companies Operating in the Automotive Part Cleaners and Degreasers Industry
Several prominent corporations play a vital role in this market, including 3M Company, Würth Group, Henkel AG & Co. KGaA, Illinois Tool Works Inc., WD-40 Company, CRC Industries Inc., Zep Inc., Berryman Products Inc., Tetrosyl Express Limited, ThreeBond International Inc., Sunshine Makers Inc., Kleen-Flo Tumbler Industries, Mosil Lubricants Private Limited, Jopasu India Pvt. Ltd., BASF SE, Evonik Industries AG, Dow Inc., Exxon Mobil Corporation, TotalEnergies SE, BP p.l.c., Shell plc, and Petro-Canada Lubricants Inc.
In a recent development, June 2024 saw Recochem Inc., a Canadian chemical manufacturer, acquire an auto care business from KIK Consumer Products Inc. Although financial details were not disclosed, this deal aims to broaden Recochem's product offerings, strengthen its foothold in the automotive aftermarket, and boost distribution capabilities throughout North America. Notably, KIK Custom Products Inc. is known for producing automotive part cleaners and degreasers under brands like Prestone and Holts.

Emerging Trends Highlighting Innovation and Sustainability in Automotive Cleaners
Innovations in cleaner formulations are a key focus for market leaders, especially the development of boron-free alkaline cleaners that offer improved cleaning performance while being safer for the environment and workers. These boron-free solutions deliver efficient degreasing while complying with strict environmental standards, enhancing both safety and sustainability in automotive maintenance.
For example, in October 2023, Germany-based Henkel AG & Co. KGaA launched Bonderite C-AK 14415, a boron-free cleaner tailored for aluminum automotive parts. This product provides strong cleaning power with minimal damage to surfaces and is ideal for components such as wheels and battery housings. It meets rigorous automotive OEM requirements for corrosion resistance and adhesion, while also supporting smoother manufacturing processes and safer handling.

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Detailed Segmentation of the Automotive Part Cleaners and Degreasers Market
The market is categorized across several dimensions for a comprehensive understanding:
1) By Product Type: Cleaners and Degreasers
2) By Packaging: Aerosol Cans, Spray Bottles, Jugs, Pails, and Drums
3) By Service Channel: Original Equipment Suppliers (OES) and Independent Aftermarket (IAM)
4) By Application Area: Light Commercial Vehicles, Passenger Cars, Heavy Commercial Vehicles, and Two Wheelers

Further breakdown of these categories includes:
- Cleaners segmented into Water-Based Cleaners, Solvent-Based Cleaners, Foam Cleaners, and Aerosol Cleaners
- Degreasers divided into Solvent-Based Degreasers, Water-Based Degreasers, Bio-Based Degreasers, Heavy-Duty Degreasers, Engine Degreasers, and Brake Degreasers

This detailed segmentation enables stakeholders to target specific product types, service channels, and vehicle categories, supporting tailored strategies in line with market demand.

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This release was published on openPR.