Water-Based Degreaser Market Share

North America Market Statistics

North America in water-based degreaser market is anticipated to account for around 34% revenue share by 2036. The market growth in the region is also expected on account of the growing demand in the end-use industries including manufacturing, agriculture, and food & beverages. Consequently, laws in this region encourage the development of water-based degreasers and other cleaning supplies. According to the American Lung Association, the United States Environmental Protection Agency maintains a list of items that satisfy its Safer Choice standards for cleaning and other purposes.

As consumers in the United States become more conscious of the possible health risks associated with traditional cleaning chemical exposure, they are selecting safer substitutes. According to the Environmental Working Group, studies reveal that individuals employed in the cleaning sector are 50% percent more likely to experience asthma attacks and 43% percent more likely to acquire chronic obstructive pulmonary disease.

Lung cancer risk is considerably higher for women employed in this sector. People's worries for their safety and well-being are the reason for this. Because green cleaning solutions often contain natural ingredients that are less harmful to human health, they are likely to be of interest to those who place a high value on their family's health and happiness.

Businesses from a variety of industries in Canada are adopting sustainable goals and incorporating eco-friendly practices into their daily operations. Consequently, this has led to a cascading effect across supply chains, as companies prioritize eco-friendly cleaning solutions to better match their sustainability objectives. For instance, in September 2023, Bunzl Canada announced the debut of REGARDTM, a new line of environmentally friendly cleaning products.

APAC Market Analysis

APAC water-based degreaser market is expected to witness growth rate of around 13.4% from 2024 to 2036, and will hold the second position owing to the growing online sales of water-based degreasers in the region. Customers now choose to shop online for a variety of products, including house cleaners, as a result of the widespread use of smartphones and the increase in internet usage.

China will be one of Asia's most promising markets because of rising levels of disposable money, which drive consumers to forgo traditional cleaning techniques in favor of more modern ones, including new technology and innovation.  According to figures released by the National Bureau of Statistics, China's per capita disposable income in the first quarter of 2024 was roughly USD 1,624.57. This represents a nominal increase of 6.2 percent year over year.

The number of households in South Korea has increased as a result of factors like urbanization and modifications to family patterns. There is an increasing need for cleaning supplies for the home, especially bathrooms, as the number of homes rises. Furthermore, single-person families have significantly increased in South Korea, particularly among young individuals and the elderly. Therefore, these factors are expected to increase the demand in water-based degreaser in South Korea.