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Electronic Cleaning Solvents Market Size

  • Report ID: GMI1313
  • Published Date: Dec 2024
  • Report Format: PDF

Electronic Cleaning Solvents Market Size

The global electronic cleaning solvents market was valued at USD 1.3 billion in 2024 and is estimated to grow at a CAGR of over 5.7% from 2025 to 2034.

 

The electronic cleaning solvents industry is experiencing significant growth due to the rising demand for efficient cleaning solutions across various applications. These solvents are crucial for maintaining the performance and longevity of electronic components by removing contaminants such as dirt, grease, and solder flux. Key applications include consumer electronics, telecommunications, automotive electronics, medical devices, and industrial equipment. In consumer electronics, the growing adoption of advanced devices such as smartphones, laptops, and wearable technology has amplified the need for effective cleaning solutions to ensure optimal functionality. The automotive sector is also driving demand, with the increasing integration of electronic systems in vehicles requiring precise cleaning of delicate components.
 

The market is witnessing a shift toward environmentally friendly and sustainable products as regulatory bodies emphasize reducing the use of volatile organic compounds and hazardous chemicals. This has led to the development of advanced fluorinated and aqueous-based cleaning solvents that offer high performance with minimal environmental impact. Additionally, innovations in cleaning technologies, such as vapor phase degreasing and semi-aqueous processes, are gaining traction. The ongoing expansion of industries like telecommunications and healthcare, coupled with the miniaturization of electronic components, is expected to sustain the growth momentum of the market in the coming years.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for electronic cleaning solvents was valued at USD 1.3 billion in 2024 and is projected to reach USD 2.2 billion by 2034, driven by a CAGR of 5.7% during the forecast period.

Fluorinated solvents accounted for over USD 392.2 million in 2024 and are expected to grow at a CAGR of 6% from 2025 to 2034, driven by their superior cleaning performance and compliance with environmental regulations.

China's market was valued at over USD 229.9 million in 2024 and is expected to grow at a CAGR of 4.5% during the forecast period, driven by its position as a global electronics manufacturing hub and advancements in high-tech industries.

Major players in the market include 3M, Aervoe Industries, Arkema SA, BASF SE, CRC Industries, Eastman Chemical, HK Wentworth, Honeywell International, Solvay SA, The Chemours, and The Dow Chemical.

Electronic Cleaning Solvents Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 11
  • Tables & Figures: 165
  • Countries covered: 18
  • Pages: 235
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