According to the research report titled ‘Global Electronics Cleaning Solvents Market Size study, by Product (Formulated, Hydrocarbon Solvents, Glycols & Glycol Ethers, Fluorinated Solvents, Brominated Solvents, Light Petroleum Distillates) by Cleaning Process (Vapor Phase Degreaser, Vacuum Cleaning, Mixed Co-solvent, Separated Co-solvent, Semi-aqueous) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global electronics cleaning solvents market is anticipated to showcase decent growth during 2022-2028.

Expert opinion cites that burgeoning electronics sector, and increasing demand for automotive electronics are the major growth determinants for global electronics cleaning solvents market.

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For the unversed, electronics cleaning solvents are quick drying solvents designed specifically for the quick and effective cleaning of electrical equipment. These cleaning agents are safe and suitable for cleaning metals and electronics.

Moreover, increasing penetration of electronic devices, and rapid industrialization in emerging nations are projected to bolster industry size in the coming years.

However, strict government regulations over the growing concern about pollution due to chemical use, and supply chain interruption due to the COVID 19 pandemic may hamper the market expansion during the stipulated timeframe.

Based on product terrain, the industry is divided into light petroleum distillates, brominated solvents, fluorinated solvents, glycols & glycol ethers, hydrocarbon solvents, and formulated. In terms of cleaning process, worldwide electronics cleaning solvents market is branched into semi-aqueous, separated co-solvent, mixed co-solvent, vacuum cleaning, and vapor phase degreaser.

Regionally, the latest industry trends are studied across North America (U.S., Canada), Europe (U.K, France, Germany, Spain, Italy), Asia Pacific (China, South Korea, India, Australia, Japan), and Latin America (Brazil, Mexico).

Among these, North America market is showcasing notable growth at present, due to presence of major participants, and expanding electronics sector in the region.

Whereas Asia Pacific industry is poised to witness a healthy CAGR over the analysis timeframe on the back of rising smartphone adoption, and flourishing automobile industry in the region.

From the competitive frame of reference, The Chemours Company, AGC Inc., Arkema S.A., Eastman Chemical Company, Dow Chemical Company, BASF SE, Honeywell International Inc., LyondellBasell Industries Holdings B.V., Albemarle Corporation, and 3M Company are the leading players influencing global electronics cleaning solvents industry dynamics.