Biobased Degreaser Market Analysis

Biobased Degreaser Market Analysis

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Biobased degreaser market from the industrial cleaning end-user segment is set to generate substantial revenue by the end of 2032, attributed to the increasing preference for biobased degreasers across industries seeking more sustainable and environmentally friendly cleaning solutions. These cleaners demonstrate excellent performance in effectively removing grease, oil, and contaminants while minimizing the environmental impact. Increasing adoption in various industrial applications, including cleaning heavy machinery, equipment, and surfaces due to their non-toxic nature and effective degreasing properties will further complement the segment growth. 
 

The palm oil-based segment held over 27% of the biobased degreaser market share in 2022 2. The rising demand for non-toxic, eco-friendly degreasers has boosted the use of palm oil-based formulations, particularly in the industrial, automotive, and aerospace sectors. In addition, numerous industry titans are introducing ethically sourced palm oil plant-based substitutes to meet the scaling demand for palm oil. For instance, in August 2022, Unilever and Geno revealed their strategies to develop and market sustainable substitutes for components sourced from palm oil and fossil fuels in cleaning and personal care products.
 

North America biobased degreaser market accounted for USD 347 million in revenue in 2022. Numerous industries, such as automotive, manufacturing, and aerospace are embracing greener solutions including biobased degreasers to enhance workplace safety and reduce environmental impact. Moreover, the growing consumer preference for environmentally friendly products is contributing to the adoption of biobased degreasers in household applications. Additionally, the thriving biotechnology sector leading to the development of more effective and efficient biobased degreaser formulations will add to the regional market growth.