Electrical Contact Cleaner Market - A Global and Regional Analysis

Focus on Application, Product, Functionality, and Region - Analysis and Forecast, 2022-2031

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A quick peek into the report

Market Report Coverage

Electrical Contact Cleaner Market
Forecast Period: 2022-2031
CAGR During Forecast Period: 6.45%

Electrical Contact Cleaner Market

Base Year

2021

Market Size in 2021

$561.41 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$1,022.21 Million

CAGR During Forecast Period

6.45%

Number of Tables

85

Number of Pages

164

Number of Figures

23

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    Henkel AG & Co. KGaA 
•    3M 
•    Chemtronics
•    Ulbrich Group
•    Techspray
•    WD-40
•    Sprayway Inc.
•    Sprayon
•    Sprayway Inc.
•    Chem-Verse Consultants (India) Private Ltd.
•    MG Chemicals
•    Aerol Formulations Private Limited
•    WEICON GmbH & Co. KG
•    Valvoline Inc.
•    CRC Industries
•    Penray Inc.
•    AK Info Tools
•    MRO Infra LLP
•    AABCOOLING LLC
•    Guangzhou VESLEE Chemical Co., Ltd.
•    Akfix

How can this report add value to an organization?

The study provides the reader with a detailed understanding of the different electrical contact cleaner applications such as conne

Product/Innovation Strategy: The product segment helps the reader understand the different types of properties and functionalities available for electrical contact cleaners and the potential of these cleaners globally. Moreover, the study provides the reader with a detailed understanding of the different electrical contact cleaner applications such as connectors, switches, battery terminals, circuit boards, and others (relays, scales, etc.).

Growth/Marketing Strategy: Business expansion, partnership, collaboration, and joint venture are some of the key strategies adopted by the key players operating in the space. For instance, in May 2021, Henkel AG & Co. KGaA announced the construction of an innovation center for the adhesive technologies segment in Shanghai. The new site would help the company to strengthen its adhesive technologies portfolio in the region, thereby driving the growth of the electrical contact cleaner market.

Competitive Strategy: Key players in the global electrical contact cleaners market analyzed and profiled in the study involve the manufacturers of the electrical contact cleaners. Moreover, a detailed competitive benchmarking of the players operating in the global electrical contact cleaner market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

The market was valued at $561.41 million in 2021, which is expected to grow with a CAGR of 6.45% and reach $1,022.21 million by 20

Global Electrical Contact Cleaner Industry Overview

The global electrical contact cleaner market was valued at $561.41 million in 2021, which is expected to grow with a CAGR of 6.45% and reach $1,022.21 million by 2031. The growth in the global electrical contact cleaner market is expected to be driven by rising safety hazards due to the presence of electrical resistance on the contact surfaces caused by dirt, grease, oil, and others. The presence of volatile organic compounds (VOCs) in electrical contact cleaners is the key restraining factor in the industry.

Market Lifecycle Stage

The electrical contact cleaner market is in the developing phase. The rising demand for non-ozone-depleting cleaners is expected to provide growth to the market. Further, the rising health concerns and government regulations related to the presence of volatile organic compounds are expected to hamper the growth of the electrical contact cleaner market.

Electrical Contact Cleaner Market

Impact

Electrical contact cleaners are used to protect the device from untimely failure during its lifecycle due to the presence of oil, dirt, greases, and others, as these increase the electrical resistance on the contact surface. The current flowing potential can affect the device’s performance and lead to safety hazards. An increase in focus on the prevention of safety hazards brings significant growth opportunities for the electrical contact cleaner market.

Impact of COVID-19

The impact of COVID-19 on the electrical contact cleaners market was moderate. Due to a temporary shutdown of the manufacturing units across different regions of the world, the volume of production declined. Further, the opening of the markets post-COVID-19 and rising operations of the MRO industries are expected to provide significant growth to the market.

Market Segmentation:

Segmentation 1: by Application
•     Connectors
•     Switches
•     Battery Terminals 
•     Circuit Boards 
•     Others

The battery terminals segment dominated the electrical contact cleaner market in 2021 and is the largest segment due to the rising applications of electrical contact cleaners in industries such as automotives, manufacturing, aviation, and others for the removal of dirt, grease, corrosion, and other contaminations.

Segmentation 2: by Product
•    Flammable
•    Non-Flammable

The non-flammable segment dominates the electrical contact cleaner market and is the largest segment owing to adverse effects and handling risks associated with flammable electrical contact cleaners.

Segmentation 3: by Functionality
•     Dust and Particulate Removal
•     Oil and Grease Removal
•     Corrosion Resistance 
•     Others

The corrosion removal segment dominated the electrical contact cleaner market in 2021 and is the largest segment owing to growing demand from end-use industries such as MRO, automotive, consumer electronics, etc., to remove corrosion from battery terminals, switchboards, connectors, and other parts.

Segmentation 4: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Italy, Spain, and Rest-of-Europe
•    China
•    U.K.
•    Asia-Pacific and Japan - Japan, South Korea, India, Australia, and Rest-of-Asia-Pacific and Japan
•    Rest-of-the-World - Middle East and Africa, South America

The Asia-Pacific region is the fastest-growing region due to the presence of electronics manufacturers. Also, the rising maintenance, repair, and operations industry is expected to boost the region’s growth in the electrical contact cleaner market.

Recent Developments in Global Electrical Contact Cleaner Market

•    In June 2019, Penray Inc. introduced a professional contact cleaner for the precision removal of harmful deposits and debris from electronic components.   
Demand - Drivers and Limitations

Following are the demand drivers for the electrical contact cleaner market:

•    Performance Enhancement of Electrical and Electronic Equipment
•    Rising Demand for Consumer Electronics Worldwide
•    Increasing Usage in the Automobile Industry

The market is expected to face some limitations too due to the following challenge:

•    Presence of Volatile Organic Compounds (VOCs) in Electrical Contact Cleaners
•    Use of Flammable Chemical Compounds

Analyst’s View

According to Neha Singh, Sr. Research Associate, BIS Research, "The non-flammable products are witnessing the largest growth in the electrical contact cleaner market as they do not catch fire when the vapor or liquid comes in contact to open flames, sparks, or hot surfaces. Whereas, the rising health problems among the workers due to prolonged exposure to higher levels of chemicals and regulatory norms by the government are expected to affect the flammable product in future.”

Table of Contents

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1.1    Industry Outlook
         1.1.1    Trends: Industry Dynamics Defining the Future Trends of the Electrical Contact Cleaner Market
                     1.1.1.1    Material Properties and Compatibility Enhancement
                     1.1.1.2    Regulations Regarding Minimizing Ozone Depletion Chemicals and Volatile Organic Compounds (VOCs)
                     1.1.1.3    Growing Trend for Online Cleaning
         1.1.2    Supply Chain Network
         1.1.3    Ecosystem/Ongoing Programs
                     1.1.3.1    Consortiums and Associations
                     1.1.3.2    Industry Standards, Regulatory Lists, and Acts
1.2    Business Dynamics
         1.2.1    Business Drivers
                     1.2.1.1    Performance Enhancement of Electrical and Electronic Equipment
                     1.2.1.2    Rising Demand for Consumer Electronics Worldwide
                     1.2.1.3    Increasing Usage in the Automobile Industry
         1.2.2    Business Challenges
                     1.2.2.1    Presence of Volatile Organic Compounds (VOCs) in Electrical Contact Cleaners
                     1.2.2.2    Use of Flammable Chemical Compounds
         1.2.3    Business Strategies
                     1.2.3.1    Product Development
                     1.2.3.2    Market Development
         1.2.4    Business Opportunities
                     1.2.4.1    Increasing Focus on Non-Flammable Product Development
                     1.2.4.2    Rising Usage in the MRO industry
1.3    Start-up Landscape
         1.3.1    Key Start-ups in the Ecosystem
1.4    Impact of COVID-19 on the Electrical Contact Cleaner Market

2.1    Electrical Contact Cleaner Market - Applications and Specifications
         2.1.1    Connectors
         2.1.2    Switches
         2.1.3    Battery Terminals
         2.1.4    Circuit Boards
         2.1.5    Others
2.2    Electrical Contact Cleaner Market - Demand Analysis (by Application), Value, 2021-2031

3.1    Electrical Contact Cleaner Market- Products and Specifications
         3.1.1    Flammable
         3.1.2    Non-Flammable
3.2    Electrical Contact Cleaner Market- Demand Analysis (by Product), Value, 2021-2031
3.3    Electrical Contact Cleaner Market - Functionality and Specifications
         3.3.1    Dust and Particulate Removal
         3.3.2    Oil and Grease Removal
         3.3.3    Corrosion Resistance
         3.3.4    Others
3.4    Electrical Contact Cleaner Market - Demand Analysis (By Functionality), Value, 2021-2031
3.5    Product Benchmarking: Growth Rate - Market Share Matrix, 2021
3.6    Patent Analysis

4.1    North America
         4.1.1    Markets
                     4.1.1.1    Key Manufacturers/Suppliers in North America
                     4.1.1.2    Business Challenges
                     4.1.1.3    Business Drivers
         4.1.2    Application
                     4.1.2.1    North America Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.1.3    Products
                     4.1.3.1    North America Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.1.3.2    North America Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.1.4    Countries
                     4.1.4.1    North America Electrical Contact Cleaner Market (by Country), Value, 2021-2031
                     4.1.4.2    North America Electrical Contact Cleaner Market (by Country), Volume, 2021-2031
         4.1.5    North America: Country Level Analysis
                     4.1.5.1    U.S.
                                    4.1.5.1.1    Markets
                                                      4.1.5.1.1.1    Buyer Attributes
                                                      4.1.5.1.1.2    Key Manufacturers/Suppliers in the U.S.
                                                      4.1.5.1.1.3    Business Challenges
                                                      4.1.5.1.1.4    Business Drivers
                                    4.1.5.1.2    Applications
                                                      4.1.5.1.2.1    U.S. Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.1.5.1.3    Products
                                                      4.1.5.1.3.1    U.S. Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.1.5.1.3.2    U.S. Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.1.5.2    Canada
                                    4.1.5.2.1    Markets
                                                      4.1.5.2.1.1    Buyer Attributes
                                                      4.1.5.2.1.2    Key Manufacturers/Suppliers in Canada
                                                      4.1.5.2.1.3    Business Challenges
                                                      4.1.5.2.1.4    Business Drivers
                                    4.1.5.2.2    Applications
                                                      4.1.5.2.2.1    Canada Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.1.5.2.3    Products
                                                      4.1.5.2.3.1    Canada Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.1.5.2.3.2    Canada Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.1.5.3    Mexico
                                    4.1.5.3.1    Markets
                                                      4.1.5.3.1.1    Buyer Attributes
                                                      4.1.5.3.1.2    Key Manufacturers/Suppliers in Mexico
                                                      4.1.5.3.1.3    Business Challenges
                                                      4.1.5.3.1.4    Business Drivers
                                    4.1.5.3.2    Applications
                                                      4.1.5.3.2.1    Mexico Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.1.5.3.3    Products
                                                      4.1.5.3.3.1    Mexico Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.1.5.3.3.2    Mexico Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
4.2    Europe
         4.2.1    Markets
                     4.2.1.1    Key Manufacturers/Suppliers in Europe
                     4.2.1.2    Business Challenges
                     4.2.1.3    Business Drivers
         4.2.2    Applications
                     4.2.2.1    Europe Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.2.3    Products
                     4.2.3.1    Europe Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.2.3.2    Europe Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.2.4    Countries
                     4.2.4.1    Europe Electrical Contact Cleaner Market (by Country), Value, 2021-2031
                     4.2.4.2    Europe Electrical Contact Cleaner Market (by Country), Volume, 2021-2031
         4.2.5    Europe: Country Level Analysis
                     4.2.5.1    Germany
                                    4.2.5.1.1    Markets
                                                      4.2.5.1.1.1    Buyer Attributes
                                                      4.2.5.1.1.2    Key Manufacturers/Suppliers in Germany
                                                      4.2.5.1.1.3    Business Challenges
                                                      4.2.5.1.1.4    Business Drivers
                                    4.2.5.1.2    Applications
                                                      4.2.5.1.2.1    Germany Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.2.5.1.3    Products
                                                      4.2.5.1.3.1    Germany Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.2.5.1.3.2    Germany Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.2.5.2    France
                                    4.2.5.2.1    Markets
                                                      4.2.5.2.1.1    Buyer Attributes
                                                      4.2.5.2.1.2    Key Manufacturers/Suppliers in France
                                                      4.2.5.2.1.3    Business Challenges
                                                      4.2.5.2.1.4    Business Drivers
                                    4.2.5.2.2    Applications
                                                      4.2.5.2.2.1    France Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.2.5.2.3    Products
                                                      4.2.5.2.3.1    France Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.2.5.2.3.2    France Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.2.5.3    Italy
                                    4.2.5.3.1    Markets
                                                      4.2.5.3.1.1    Buyer Attributes
                                                      4.2.5.3.1.2    Key Manufacturers/Suppliers in Italy
                                                      4.2.5.3.1.3    Business Challenges
                                                      4.2.5.3.1.4    Business Drivers
                                    4.2.5.3.2    Applications
                                                      4.2.5.3.2.1    Italy Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.2.5.3.3    Products
                                                      4.2.5.3.3.1    Italy Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.2.5.3.3.2    Italy Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.2.5.4    Spain
                                    4.2.5.4.1    Markets
                                                      4.2.5.4.1.1    Buyer Attributes
                                                      4.2.5.4.1.2    Key Manufacturers/Suppliers in Spain
                                                      4.2.5.4.1.3    Business Challenges
                                                      4.2.5.4.1.4    Business Drivers
                                    4.2.5.4.2    Applications
                                                      4.2.5.4.2.1    Spain Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.2.5.4.3    Products
                                                      4.2.5.4.3.1    Spain Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.2.5.4.3.2    Spain Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.2.5.5    Rest-of-Europe
                                    4.2.5.5.1    Markets
                                                      4.2.5.5.1.1    Buyer Attributes
                                                      4.2.5.5.1.2    Key Manufacturers/Suppliers in the-Rest-of-Europe
                                                      4.2.5.5.1.3    Business Challenges
                                                      4.2.5.5.1.4    Business Drivers
                                    4.2.5.5.2    Applications
                                                      4.2.5.5.2.1    Rest-of-Europe Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.2.5.5.3    Products
                                                      4.2.5.5.3.1    Rest-of-Europe Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.2.5.5.3.2    Rest-of-Europe Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
4.3    U.K.
         4.3.1    Markets
                     4.3.1.1    Buyer Attributes
                     4.3.1.2    Key Manufacturers/Suppliers in the U.K.
                     4.3.1.3    Business Challenges
                     4.3.1.4    Business Drivers
         4.3.2    Applications
                     4.3.2.1    U.K. Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.3.3    Products
                     4.3.3.1    U.K. Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.3.3.2    U.K. Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.3.4    Country
                     4.3.4.1    U.K. Electrical Contact Cleaner Market (by Country), Value, 2021-2031
                     4.3.4.2    U.K. Electrical Contact Cleaner Market (by Country), Volume, 2021-2031
4.4    China
         4.4.1    Markets
                     4.4.1.1    Buyer Attributes
                     4.4.1.2    Key Manufacturers/Suppliers in China
                     4.4.1.3    Business Challenges
                     4.4.1.4    Business Drivers
         4.4.2    Applications
                     4.4.2.1    China Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.4.3    Products
                     4.4.3.1    China Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.4.3.2    China Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.4.4    Country
                     4.4.4.1    China Electrical Contact Cleaner Market (by Country), Value, 2021-2031
                     4.4.4.2    China Electrical Contact Cleaner Market (by Country), Volume, 2021-2031
4.5    Asia-Pacific and Japan
         4.5.1    Markets
                     4.5.1.1    Key Manufacturers/Suppliers in Asia-Pacific and Japan
                     4.5.1.2    Business Challenges
                     4.5.1.3    Business Drivers
         4.5.2    Applications
                     4.5.2.1    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.5.3    Products
                     4.5.3.1    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.5.3.2    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.5.4    Countries
                     4.5.4.1    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Country), Value, 2021-2031
                     4.5.4.2    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Country), Volume, 2021-2031
         4.5.5    Asia-Pacific and Japan: Country Level Analysis
                     4.5.5.1    Japan
                                    4.5.5.1.1    Markets
                                                      4.5.5.1.1.1    Buyer Attributes
                                                      4.5.5.1.1.2    Key Manufacturers/Suppliers in Japan
                                                      4.5.5.1.1.3    Business Challenges
                                                      4.5.5.1.1.4    Business Drivers
                                    4.5.5.1.2    Applications
                                                      4.5.5.1.2.1    Japan Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.5.5.1.3    Products
                                                      4.5.5.1.3.1    Japan Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.5.5.1.3.2    Japan Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.5.5.2    South Korea
                                    4.5.5.2.1    Markets
                                                      4.5.5.2.1.1    Buyer Attributes
                                                      4.5.5.2.1.2    Key Manufacturers/Suppliers in South Korea
                                                      4.5.5.2.1.3    Business Challenges
                                                      4.5.5.2.1.4    Business Drivers
                                    4.5.5.2.2    Applications
                                                      4.5.5.2.2.1    South Korea Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.5.5.2.3    Products
                                                      4.5.5.2.3.1    South Korea Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.5.5.2.3.2    South Korea Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.5.5.3    India
                                    4.5.5.3.1    Markets
                                                      4.5.5.3.1.1    Buyer Attributes
                                                      4.5.5.3.1.2    Key Manufacturers/Suppliers in India
                                                      4.5.5.3.1.3    Business Challenges
                                                      4.5.5.3.1.4    Business Drivers
                                    4.5.5.3.2    Applications
                                                      4.5.5.3.2.1    India Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.5.5.3.3    Products
                                                      4.5.5.3.3.1    India Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.5.5.3.3.2    India Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.5.5.4    Australia
                                    4.5.5.4.1    Markets
                                                      4.5.5.4.1.1    Buyer Attributes
                                                      4.5.5.4.1.2    Key Manufacturers/Suppliers in Australia
                                                      4.5.5.4.1.3    Business Challenges
                                                      4.5.5.4.1.4    Business Drivers
                                    4.5.5.4.2    Applications
                                                      4.5.5.4.2.1    Australia Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.5.5.4.3    Products
                                                      4.5.5.4.3.1    Australia Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.5.5.4.3.2    Australia Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.5.5.5    Rest-of-Asia-Pacific and Japan
                                    4.5.5.5.1    Markets
                                                      4.5.5.5.1.1    Buyer Attributes
                                                      4.5.5.5.1.2    Key Manufacturers/Suppliers in the Rest-of-Asia-Pacific and Japan
                                                      4.5.5.5.1.3    Business Challenges
                                                      4.5.5.5.1.4    Business Drivers
                                    4.5.5.5.2    Applications
                                                      4.5.5.5.2.1    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.5.5.5.3    Products
                                                      4.5.5.5.3.1    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.5.5.5.3.2    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
4.6    Rest-of-the-World
         4.6.1    Markets
                     4.6.1.1    Key Manufacturers/Suppliers in the Rest-of-the-World
                     4.6.1.2    Business Challenges
                     4.6.1.3    Business Drivers
         4.6.2    Applications
                     4.6.2.1    Rest-of-the-World Electrical Contact Cleaner Market (by Application), Value, 2021-2031
         4.6.3    Products
                     4.6.3.1    Rest-of-the-World Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                     4.6.3.2    Rest-of-the-World Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
         4.6.4    Regions
                     4.6.4.1    Rest-of-the-World Electrical Contact Cleaner Market (by Region), Value, 2021-2031
                     4.6.4.2    Rest-of-the-World Electrical Contact Cleaner Market (by Region), Volume, 2021-2031
         4.6.5    Rest-of-the-World: Regional Level Analysis
                     4.6.5.1    South America
                                    4.6.5.1.1    Markets
                                                      4.6.5.1.1.1    Buyer Attributes
                                                      4.6.5.1.1.2    Key Manufacturers/Suppliers in South America
                                                      4.6.5.1.1.3    Business Challenges
                                                      4.6.5.1.1.4    Business Drivers
                                    4.6.5.1.2    Applications
                                                      4.6.5.1.2.1    South America Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.6.5.1.3    Products
                                                      4.6.5.1.3.1    South America Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.6.5.1.3.2    South America Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031
                     4.6.5.2    Middle East and Africa
                                    4.6.5.2.1    Markets
                                                      4.6.5.2.1.1    Buyer Attributes
                                                      4.6.5.2.1.2    Key Manufacturers/Suppliers in the Middle East and Africa
                                                      4.6.5.2.1.3    Business Challenges
                                                      4.6.5.2.1.4    Business Drivers
                                    4.6.5.2.2    Applications
                                                      4.6.5.2.2.1    Middle East and Africa Electrical Contact Cleaner Market (by Application), Value, 2021-2031
                                    4.6.5.2.3    Products
                                                      4.6.5.2.3.1    Middle East and Africa Electrical Contact Cleaner Market (by Product), Value, 2021-2031
                                                      4.6.5.2.3.2    Middle East and Africa Electrical Contact Cleaner Market (by Functionality), Value, 2021-2031

5.1    Competitive Benchmarking
         5.1.1    Competitive Position Matrix
         5.1.2    Market Share Analysis
         5.1.3    Product Matrix of Key Companies
5.2    Company Profiles
         5.2.1    Henkel AG & Co. KGaA
                     5.2.1.1    Company Overview
                                    5.2.1.1.1    Role of Henkel AG & Co. KGaA in the Electrical Contact Cleaner Market
                                                      5.2.1.1.1.1    Product Portfolio
                                                      5.2.1.1.1.2    Production Sites
                     5.2.1.2    Business Strategies
                                    5.2.1.2.1    Market Developments
                     5.2.1.3    R&D Analysis
                     5.2.1.4    Analyst’s View
         5.2.2    3M
                     5.2.2.1    Company Overview
                                    5.2.2.1.1    Role of 3M in the Electrical Contact Cleaner Market
                                                      5.2.2.1.1.1    Product Portfolio
                                                      5.2.2.1.1.2    Production Sites
                     5.2.2.2    R&D Analysis
                     5.2.2.3    Analyst’s View
         5.2.3    Chemtronics
                     5.2.3.1    Company Overview
                                    5.2.3.1.1    Role of Chemtronics in the Electrical Contact Cleaner Market
                                                      5.2.3.1.1.1    Product Portfolio
                                                      5.2.3.1.1.2    Production Sites
                     5.2.3.2    Analyst’s View
         5.2.4    Ulbrich Group
                     5.2.4.1    Company Overview
                                    5.2.4.1.1    Role of Ulbrich Group in the Electrical Contact Cleaner Market
                                                      5.2.4.1.1.1    Product Portfolio
                                                      5.2.4.1.1.2    Production Sites and R&D Analysis
                     5.2.4.2    Analyst’s View
         5.2.5    Techspray
                     5.2.5.1    Company Overview
                                    5.2.5.1.1    Role of Techspray in the Electrical Contact Cleaner Market
                                                      5.2.5.1.1.1    Product Portfolio
                                                      5.2.5.1.1.2    Production Sites
                     5.2.5.2    Analyst’s View
         5.2.6    WD-40
                     5.2.6.1    Company Overview
                                    5.2.6.1.1    Role of WD-40 in the Electrical Contact Cleaner Market
                                                      5.2.6.1.1.1    Product Portfolio
                                                      5.2.6.1.1.2    Production Sites
                     5.2.6.2    Business Strategies
                                    5.2.6.2.1.1    Market Development
                     5.2.6.3    R&D Analysis
                     5.2.6.4    Analyst’s View
         5.2.7    Sprayway Inc.
                     5.2.7.1    Company Overview
                                    5.2.7.1.1    Role of Sprayway Inc. in the Electrical Contact Cleaner Market
                                                      5.2.7.1.1.1    Product Portfolio
                                                      5.2.7.1.1.2    Production Sites
                     5.2.7.2    Analyst’s View
         5.2.8    Sprayon
                     5.2.8.1    Company Overview
                                    5.2.8.1.1    Role of Sprayon in the Electrical Contact Cleaner Market
                                                      5.2.8.1.1.1    Product Portfolio
                                                      5.2.8.1.1.2    Production Sites
                     5.2.8.2    Analyst’s View
         5.2.9    Chem-Verse Consultants (India) Private Ltd.
                     5.2.9.1    Company Overview
                                    5.2.9.1.1    Role of Chem-Verse Consultants (India) Private Ltd. in the Electrical Contact Cleaner Market
                                                      5.2.9.1.1.1    Product Portfolio
                                                      5.2.9.1.1.2    Production Sites
                     5.2.9.2    Analyst’s View
       5.2.10    MG Chemicals
                     5.2.10.1    Company Overview
                                      5.2.10.1.1    Role of MG Chemicals in the Electrical Contact Cleaner Market
                                      5.2.10.1.2    Product Portfolio
                                                          5.2.10.1.2.1    Production Sites
                     5.2.10.2    Analyst’s View
       5.2.11    Aerol Formulations Private Limited
                     5.2.11.1    Company Overview
                                      5.2.11.1.1    Role of Aerol Formulations Private Limited in the Electrical Contact Cleaner Market
                                                          5.2.11.1.1.1    Product Portfolio
                                                          5.2.11.1.1.2    Production Sites
                     5.2.11.2    Analyst’s View
       5.2.12    WEICON GmbH & Co. KG
                     5.2.12.1    Company Overview
                                      5.2.12.1.1    Role of WEICON GmbH & Co. KG in the Electrical Contact Cleaner Market
                                                          5.2.12.1.1.1    Product Portfolio
                                                          5.2.12.1.1.2    Production Sites
                     5.2.12.2    Analyst’s View
       5.2.13    Valvoline Inc.
                     5.2.13.1    Company Overview
                                      5.2.13.1.1    Role of Valvoline Inc. in the Electrical Contact Cleaner Market
                                                          5.2.13.1.1.1    Product Portfolio
                                                          5.2.13.1.1.2    Production Sites
                     5.2.13.2    R&D Analysis
                     5.2.13.3    Analyst’s View
       5.2.14    CRC Industries
                     5.2.14.1    Company Overview
                                      5.2.14.1.1    Role of CRC Industries in the Electrical Contact Cleaner Market
                                                          5.2.14.1.1.1    Product Portfolio
                                                          5.2.14.1.1.2    Production Sites
                     5.2.14.2    Analyst’s View
       5.2.15    Penray Inc.
                     5.2.15.1    Company Overview
                                      5.2.15.1.1    Role of Penray Inc. in the Electrical Contact Cleaner Market
                                                          5.2.15.1.1.1    Product Portfolio
                                                          5.2.15.1.1.2    Production Sites
                     5.2.15.2    Business Strategies
                                      5.2.15.2.1    Product Developments
                     5.2.15.3    Analyst’s View
       5.2.16    AK Info Tools
                     5.2.16.1    Company Overview
                                      5.2.16.1.1    Role of AK Info Tools in the Electrical Contact Cleaner Market
                                                          5.2.16.1.1.1    Product Portfolio
                                     5.2.16.1.1.2    Production Sites
                     5.2.16.2    Analyst’s View
       5.2.17    MRO Infra LLP
                     5.2.17.1    Company Overview
                                      5.2.17.1.1    Role of MRO INFRA LLP in the Electrical Contact Cleaner Market
                                                          5.2.17.1.1.1    Product Portfolio
                                                          5.2.17.1.1.2    Production Sites
                     5.2.17.2    Analyst’s View
       5.2.18    AABCOOLING LLC
                     5.2.18.1    Company Overview
                                      5.2.18.1.1    Role of AABCOOLING LLC in the Electrical Contact Cleaner Market
                                                          5.2.18.1.1.1    Product Portfolio
                                                          5.2.18.1.1.2    Production Sites
                     5.2.18.2    Analyst’s View
       5.2.19    Guangzhou VESLEE Chemical Co., Ltd.
                     5.2.19.1    Company Overview
                                      5.2.19.1.1    Role of Guangzhou VESLEE Chemical Co., Ltd. in the Electrical Contact Cleaner Market
                                                          5.2.19.1.1.1    Product Portfolio
                                                          5.2.19.1.1.2    Production Sites
                                      5.2.19.1.2    Analyst’s View
       5.2.20    Akfix
                     5.2.20.1    Company Overview
                                      5.2.20.1.1    Role of Akfix in the Electrical Contact Cleaner Market
                                                          5.2.20.1.1.1    Product Portfolio
                                                          5.2.20.1.1.2    Production Sites and R&D Activities
                     5.2.20.2    Analyst’s View

Research Methodology

Table 1:    List of Consortiums and Associations
Table 2:    List of Regulatory Lists/Acts/Standards
Table 3:    Product Development (by Company), January 2017-March 2022
Table 4:    Market Development, January 2017-March 2022
Table 5:    Key Start-ups in Electrical Contact Cleaner Market Landscape
Table 6:    Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 7:    Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 8:    Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 9:    North America Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 10:    North America Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 11:    North America Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 12:    North America Electrical Contact Cleaner Market (by Country), $Million, 2021-2031
Table 13:    North America Electrical Contact Cleaner Market (by Country), Tons, 2021-2031
Table 14:    U.S. Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 15:    U.S. Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 16:    U.S. Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 17:    Canada Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 18:    Canada Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 19:    Canada Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 20:    Mexico Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 21:    Mexico Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 22:    Mexico Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 23:    Europe Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 24:    Europe Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 25:    Europe Electrical Contact Cleaner Market, (by Functionality), $Million, 2021-2031
Table 26:    Europe Electrical Contact Cleaner Market (by Country), $Million, 2021-2031
Table 27:    Europe Electrical Contact Cleaner Market (by Country), Tons, 2021-2031
Table 28:    Germany Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 29:    Germany Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 30:    Germany Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 31:    France Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 32:    France Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 33:    France Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 34:    Italy Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 35:    Italy Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 36:    Italy Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 37:    Spain Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 38:    Spain Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 39:    Spain Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 40:    Rest-of-Europe Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 41:    Rest-of-Europe Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 42:    Rest-of-Europe Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 43:    U.K. Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 44:    U.K. Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 45:    U.K. Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 46:    U.K. Electrical Contact Cleaner Market (by Country), $Million, 2021-2031
Table 47:    U.K. Electrical Contact Cleaner Market (by Country), Tons, 2021-2031
Table 48:    China Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 49:    China Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 50:    China Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 51:    China Electrical Contact Cleaner Market (by Country), $Million, 2021-2031
Table 52:    China Electrical Contact Cleaner Market (by Country), Tons, 2021-2031
Table 53:    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 54:    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 55:    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 56:    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Country), $Million, 2021-2031
Table 57:    Asia-Pacific and Japan Electrical Contact Cleaner Market (by Country), Tons, 2021-2031
Table 58:    Japan Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 59:    Japan Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 60:    Japan Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 61:    South Korea Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 62:    South Korea Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 63:    South Korea Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 64:    India Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 65:    India Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 66:    India Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 67:    Australia Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 68:    Australia Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 69:    Australia Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 70:    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 71:    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 72:    Rest-of-Asia-Pacific and Japan Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 73:    Rest-of-the-World Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 74:    Rest-of-the-World Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 75:    Rest-of-the-World Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 76:    Rest-of-the-World Electrical Contact Cleaner Market (by Region), $Million, 2021-2031
Table 77:    Rest-of-the-World Electrical Contact Cleaner Market (by Region), Tons, 2021-2031
Table 78:    South America Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 79:    South America Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 80:    South America Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 81:    Middle East and Africa Electrical Contact Cleaner Market (by Application), $Million, 2021-2031
Table 82:    Middle East and Africa Electrical Contact Cleaner Market (by Product), $Million, 2021-2031
Table 83:    Middle East and Africa Electrical Contact Cleaner Market (by Functionality), $Million, 2021-2031
Table 84:    Market Share Analysis of Key Companies in Electrical Contact Cleaner Market, 2021
Table 85:    Product Matrix on the Basis of Product/Offerings in Electrical Contact Cleaner Market

Figure 1: Electrical Contact Cleaner Market Snapshot, $Million, 2021, 2022, and 2031    
Figure 2: Electrical Contact Cleaner Market Snapshot, Tons, 2021, 2022, and 2031    
Figure 3: Electrical Contact Cleaner Market (by Application), $Million, 2021 and 2031    
Figure 4: Electrical Contact Cleaner Market (by Functionality), $Million, 2021 and 2031    
Figure 5: Electrical Contact Cleaner Market (by Product), $Million, 2021 and 2031    
Figure 6: Electrical Contact Cleaner Market (by Region), $Million, 2021 and 2031    
Figure 7: Electrical Contact Cleaner Market (by Region), Tons, 2021 and 2031    
Figure 8: Electrical Contact Cleaner Market Coverage    
Figure 9: Electrical Contact Cleaner Market Supply Chain    
Figure 10: Product Benchmarking for Functionality    
Figure 11: Product Benchmarking for Product    
Figure 12: Global Patents Filed and Granted, January 2019-May 2022    
Figure 13: Patents Filed by Leading Countries, January 2019-May 2022    
Figure 14: Patents Granted to Leading Countries, January 2019-May 2022    
Figure 15: Competitive Positioning Matrix-2021    
Figure 16: Henkel AG & Co. KGaA: R&D Expenditure, $Million, 2019-2021    
Figure 17: 3M: R&D Expenditure, $Million, 2019-2021    
Figure 18: WD-40: R&D Expenditure, $Million, 2019-2021    
Figure 19: Valvoline Inc.: R&D Expenditure, $Million, 2019-2021    
Figure 20: Research Methodology    
Figure 21: Top-Down and Bottom-Up Approach    
Figure 22: Influencing Factors of Electrical Contact Cleaner Market    
Figure 23: Assumptions and Limitations

Market Report Coverage

Electrical Contact Cleaner Market

Base Year

2021

Market Size in 2021

$561.41 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$1,022.21 Million

CAGR During Forecast Period

6.45%

Number of Tables

85

Number of Pages

164

Number of Figures

23

 

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

•    Henkel AG & Co. KGaA 
•    3M 
•    Chemtronics
•    Ulbrich Group
•    Techspray
•    WD-40
•    Sprayway Inc.
•    Sprayon
•    Sprayway Inc.
•    Chem-Verse Consultants (India) Private Ltd.
•    MG Chemicals
•    Aerol Formulations Private Limited
•    WEICON GmbH & Co. KG
•    Valvoline Inc.
•    CRC Industries
•    Penray Inc.
•    AK Info Tools
•    MRO Infra LLP
•    AABCOOLING LLC
•    Guangzhou VESLEE Chemical Co., Ltd.
•    Akfix

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of properties and functionalities available for electrical contact cleaners and the potential of these cleaners globally. Moreover, the study provides the reader with a detailed understanding of the different electrical contact cleaner applications such as connectors, switches, battery terminals, circuit boards, and others (relays, scales, etc.).

Growth/Marketing Strategy: Business expansion, partnership, collaboration, and joint venture are some of the key strategies adopted by the key players operating in the space. For instance, in May 2021, Henkel AG & Co. KGaA announced the construction of an innovation center for the adhesive technologies segment in Shanghai. The new site would help the company to strengthen its adhesive technologies portfolio in the region, thereby driving the growth of the electrical contact cleaner market.

Competitive Strategy: Key players in the global electrical contact cleaners market analyzed and profiled in the study involve the manufacturers of the electrical contact cleaners. Moreover, a detailed competitive benchmarking of the players operating in the global electrical contact cleaner market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Global Electrical Contact Cleaner Industry Overview

The global electrical contact cleaner market was valued at $561.41 million in 2021, which is expected to grow with a CAGR of 6.45% and reach $1,022.21 million by 2031. The growth in the global electrical contact cleaner market is expected to be driven by rising safety hazards due to the presence of electrical resistance on the contact surfaces caused by dirt, grease, oil, and others. The presence of volatile organic compounds (VOCs) in electrical contact cleaners is the key restraining factor in the industry.

Market Lifecycle Stage

The electrical contact cleaner market is in the developing phase. The rising demand for non-ozone-depleting cleaners is expected to provide growth to the market. Further, the rising health concerns and government regulations related to the presence of volatile organic compounds are expected to hamper the growth of the electrical contact cleaner market.

Electrical Contact Cleaner Market

Impact

Electrical contact cleaners are used to protect the device from untimely failure during its lifecycle due to the presence of oil, dirt, greases, and others, as these increase the electrical resistance on the contact surface. The current flowing potential can affect the device’s performance and lead to safety hazards. An increase in focus on the prevention of safety hazards brings significant growth opportunities for the electrical contact cleaner market.

Impact of COVID-19

The impact of COVID-19 on the electrical contact cleaners market was moderate. Due to a temporary shutdown of the manufacturing units across different regions of the world, the volume of production declined. Further, the opening of the markets post-COVID-19 and rising operations of the MRO industries are expected to provide significant growth to the market.

Market Segmentation:

Segmentation 1: by Application
•     Connectors
•     Switches
•     Battery Terminals 
•     Circuit Boards 
•     Others

The battery terminals segment dominated the electrical contact cleaner market in 2021 and is the largest segment due to the rising applications of electrical contact cleaners in industries such as automotives, manufacturing, aviation, and others for the removal of dirt, grease, corrosion, and other contaminations.

Segmentation 2: by Product
•    Flammable
•    Non-Flammable

The non-flammable segment dominates the electrical contact cleaner market and is the largest segment owing to adverse effects and handling risks associated with flammable electrical contact cleaners.

Segmentation 3: by Functionality
•     Dust and Particulate Removal
•     Oil and Grease Removal
•     Corrosion Resistance 
•     Others

The corrosion removal segment dominated the electrical contact cleaner market in 2021 and is the largest segment owing to growing demand from end-use industries such as MRO, automotive, consumer electronics, etc., to remove corrosion from battery terminals, switchboards, connectors, and other parts.

Segmentation 4: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Italy, Spain, and Rest-of-Europe
•    China
•    U.K.
•    Asia-Pacific and Japan - Japan, South Korea, India, Australia, and Rest-of-Asia-Pacific and Japan
•    Rest-of-the-World - Middle East and Africa, South America

The Asia-Pacific region is the fastest-growing region due to the presence of electronics manufacturers. Also, the rising maintenance, repair, and operations industry is expected to boost the region’s growth in the electrical contact cleaner market.

Recent Developments in Global Electrical Contact Cleaner Market

•    In June 2019, Penray Inc. introduced a professional contact cleaner for the precision removal of harmful deposits and debris from electronic components.   
Demand - Drivers and Limitations

Following are the demand drivers for the electrical contact cleaner market:

•    Performance Enhancement of Electrical and Electronic Equipment
•    Rising Demand for Consumer Electronics Worldwide
•    Increasing Usage in the Automobile Industry

The market is expected to face some limitations too due to the following challenge:

•    Presence of Volatile Organic Compounds (VOCs) in Electrical Contact Cleaners
•    Use of Flammable Chemical Compounds

Analyst’s View

According to Neha Singh, Sr. Research Associate, BIS Research, "The non-flammable products are witnessing the largest growth in the electrical contact cleaner market as they do not catch fire when the vapor or liquid comes in contact to open flames, sparks, or hot surfaces. Whereas, the rising health problems among the workers due to prolonged exposure to higher levels of chemicals and regulatory norms by the government are expected to affect the flammable product in future.”

Electrical Contact Cleaner Market - A Global and Regional Analysis

Focus on Application, Product, Functionality, and Region - Analysis and Forecast, 2022-2031