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WD-40 stock rallies on strong Q3 results, revenue growth, and margin expansion. Analyst reaffirmed Buy rating and raised PT.
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The global industrial degreaser market is projected to grow from USD 6.85 billion in 2025 to USD 11.18 billion by 2035, with a CAGR of 5.02%. Growth is driven by increasing industrial automation, rising demand for low-VOC and eco-friendly formulations, and expanding electric vehicle production. North America leads with 32.40% market share, while Asia-Pacific is the fastest-growing region at 6.55% CAGR. Solvent-based degreasers dominate with 47.60% market share, though water-based alternatives are growing rapidly at 6.30% CAGR.
WD-40 Company (NASDAQ: WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories and homes around the world,