CHICAGO, Dec. 6, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global industrial degreaser market report.
The industrial degreaser market is expected to grow at a CAGR of over 5% during the period 2020−2026.
Key Highlights Offered in the Report:
- The major driver of the industrial degreaser includes the growing demand from automotive industry, manufacturing, aviation, marine, oil and gas and other end-use industry.
- The global industrial degreaser market suffered a downfall during the COVID-19 crisis as most of the economic activities were halted during Q1 and Q2 2020. Most of the major revenue-generating end-users such as automotive, manufacturing, and aviation manufacturing activities were affected, leading to a decline in demand for new industrial degreaser.
- Water-based industrial degreaser holds the largest share, followed by solvent-based industrial degreaser market share. The water-based industrial degreaser market is expected to grow at a CAGR of 5% during the forecast period
- North America dominated the…