Europe Industrial Cleaning Solvents Market Size & Outlook
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Europe industrial cleaning solvents market highlights
- The Europe industrial cleaning solvents market generated a revenue of USD 11,055.1 million in 2024.
- The market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, hydrocarbon solvents was the largest revenue generating type in 2024.
- Bio-based Solvents is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 11,055.1 million |
| Market revenue in 2030 | USD 14,635.0 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Hydrocarbon solvents |
| Fastest growing segment | Bio-based Solvents |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrocarbon Solvents, Oxygenated Solvents, Bio-based Solvents, Chlorinated Solvents |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.4% of the global industrial cleaning solvents market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 34,061.4 million by 2030.
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Industrial Cleaning Solvents Market Scope
Industrial Cleaning Solvents Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| AkzoNobel [Dulux Brand] | View profile | 10001+ | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.akzonobel.com/ |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | http://www.lubrizol.com/ |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
Europe industrial cleaning solvents market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial cleaning solvents market will help companies and investors design strategic landscapes.
Hydrocarbon solvents was the largest segment with a revenue share of 37.19% in 2024. Horizon Databook has segmented the Europe industrial cleaning solvents market based on hydrocarbon solvents, oxygenated solvents, bio-based solvents, chlorinated solvents covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe industrial cleaning solvents market databook
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Our clientele includes a mix of industrial cleaning solvents market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe industrial cleaning solvents market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial cleaning solvents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe industrial cleaning solvents market size, by country, 2018-2030 (US$M)
Europe Industrial Cleaning Solvents Market Outlook Share, 2024 & 2030 (US$M)
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