Global Vapor Degreasing Solvents Market By Solvent Type (Chlorinated, Brominated, Fluorinated, And Other Solvents), By Application (Metal, Pharma And Biotech, And Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Vapor Degreasing Solvents Market By Solvent Type (Chlorinated, Brominated, Fluorinated, And Other Solvents), By Application (Metal, Pharma And Biotech, And Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2029 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Vapor Degreasing Solvents Market by Solvent Type (Chlorinated, Brominated, Fluorinated, and Other Solvents), By Application (Metal, Pharma and Biotech, and Other Applications), and by Region -Global Forecast to 2030, which offers a holistic view of the global vapor degreasing solvents market through systematic segmentation that covers every aspect of the target market.

The global vapor degreasing solvents market is projected to be US$ 980.1 Mn in 2020 to reach US$ 1726.9 Mn by 2030 at a CAGR of 6.0%.

Vapor degreasing involves cleaning off dirt, oil, grease, rust, scale, tarnish and other soils from workpieces. During this process, the solvent is heated to its boiling point in a vapor degreaser system by coils -once boiled -the solvent produces clear and dense vapors that settle on the workpieces. On settling, the solvent coats the parts dissolve the soil and drip back into the solvent tank. Variations of this process add stages where the parts are dipped in warm or boiling solvent or are sprayed by the warm solvent. Solvent selection is based on the solubility of the substance to be removed and on the toxicity, flammability, flash point, evaporation rate, boiling point, cost, and several other properties of the solvent.

Rapidly growing demand from various end-use industries including automotive, electronics, aerospace, machine and tools, and others, particularly in emerging economies such as India, China, Brazil, etc. is one of the major factors driving the growth of the global vapor degreasing solvents market. In addition, growing preference for fluorinated solvents such Hydrofluorocarbons (HFCs), hydrofluoroethers (HFEs), perfluorocarbons (PFCs), and perfluoropolyethers (PFPEs), as an effective alternative for regulated chemicals such as TCE and PERC, is another vital factor estimated to augment the growth of the target market.


Global Vapor Degreasing Solvents Market Revenue (US$ Mn), 2019“2029


One of the major restraining factors which could hamper the growth of the global vapor degreasing solvents market are stringent regulations against usage of chlorinated and brominated solvents, especially in the US and European region is expected to challenge the growth of the global vapor degreasing solvents market to a certain extent.

Global vapor degreasing solvents market is segmented on the basis of product type, application, and region. On the basis of product type, the market is segmented into Chlorinated, Brominated, Fluorinated, and other solvents. The Fluorinated segment accounts for the majority share and is expected to witness a major share in terms of revenue over the forecast period, followed by the Brominated segment. Based on application, the market is segmented into Metal, Pharma and Biotech, and Other Applications. The metal segment accounts for a majority share in the global vapor degreasing solvents market.


Global Vapor Degreasing Solvents Market Share by Solvent Type, 2019


On the basis of region, the market is segmented into North America, Europe, APAC, South America and Middle East Africa. Based on the region, Asia Pacific is the mature market due to increasing disposable income and rise in the middle-class income, particularly in developing countries is expected to advance the demand for electronics, automotive, and other items. In addition, in the past few years, vapor degreasing for cleaning medical devices has re-emerged as one of the key techniques in the market and registered highest adoption rate especially in countries of Asia Pacific region. Europe registered second-highest revenue in terms of value. This is a primarily attributed to, increasing workers safety concerns amongst the government of several developed economies including Europe, wherein these authorities are promoting usage of safer solvents and is expected to drive in the growth of target market in Europe.

The research report on the global vapor degreasing solvents market includes profiles of some of major companies such as Honeywell International, Inc., 3M Company, Asahi Glass Co., Ltd. (AGC Inc.), Solvay SA, Chemours Company, MicroCare Corporation, Reliance Specialty Products Inc., Florachem Precision Cleaning Products, and Tech Spray LP.



Below are the active patents related to Vapor Degreasing Solvents Market.


Patent Number: US20080148934A1

RECOVERY OF n-PROPYL BROMIDE EMISSIONS

Abstract

A process for recovery of n-propyl bromide solvent includes mixing a solvent laden vapor stream with an additive and reclaiming the solvent using a carbon adsorption system. A carbon adsorption system and an additive dispensing system form a system for the recovery of n-propyl bromide. These processes and systems use an additive that includes an acid scavenger and a carrier.

Application File Date: 2006-12-22

Application Granted Date: 2009-11-03

Current Assignee: Parts Cleaning Technologies LLC

Patent Number: US9340758B2

Compositions of hydrochlorofluoroolefins

Abstract

The present invention relates to solvent/cleaner and heat transfer fluid compositions comprising at least one hydrochlorofluoroolefin (HCFO), 1-chloro-3,3,3-trifluoropropene (HCFO-1233zd), particularly the trans-isomer. The HCFO of the present invention can be used in combination with co-agents including, hydrofluorocarbons (HFCs), hydrofluoroolefins (HFOs), hydrocarbons, ethers including hydrofluoroethers (HFEs), esters, ketones, alcohols, 1,2-transdichloroethylene and mixtures thereof.

Application File Date: 2013-02-21

Application Granted Date: 2016-05-17

Current Assignee: Arkema Inc

Key Market Segments:



By solvent Type

  
Chlorinated
  
TCE
  
METH
  
PCE
  
Npb
  
Fluorinated
  
HFO/HCFO
  
HFE
  
HCFC
  
HFC
  
PFC
  
Fluorinated Solvent Blends
  
Others (Hydrocarbon Solvents etc.)




By application

  
Automotive
  
Aviation And Aerospace
  
Medical Device Manufacturing
  
Jewelry Manufacturing
  
Electronic Assembly
  
Others



Key Market Players included in the report:


  
3M Company
  
AGC Inc.
  
Arkema
  
Asahi Glass Co. Ltd. (AGC Inc.)
  
Central Glass Co Ltd
  
Chemours Company
  
Chemtronics
  
Envirotech
  
Florachem Precision Cleaning Products
  
Honeywell International Inc.
  
Inventec
  
MicroCare Corporation
  
Reliance Specialty Products Inc.
  
Solvay SA
  
Tech Spray LP


Below are the key development related to Vapor Degreasing Solvents Market in 2020 and 2021.


April 2020: Hasten Cleanse Available in 5 Gallon Pails. Hasten Cleanse, a non-hazardous multi-purpose cleaning solution, is now available in 5-gallon pails geared toward commercial and residential use. The smaller sized offering will complement the current 55 gallon and 275 gallon offerings geared primarily towards Industrial applications. Source