Argentina Parts Washer Market Size & Outlook, 2023-2030
Argentina parts washer market, 2018-2030 (US$M)
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Argentina parts washer market highlights
- The Argentina parts washer market generated a revenue of USD 44.3 million in 2023 and is expected to reach USD 64.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, aqueous-based parts washers was the largest revenue generating cleaning method in 2023.
- Ultrasonic parts washers is the most lucrative cleaning method segment registering the fastest growth during the forecast period.
Parts washer market data book summary
| Market revenue in 2023 | USD 44.3 million |
| Market revenue in 2030 | USD 64.7 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Aqueous-based parts washers |
| Fastest growing segment | Ultrasonic parts washers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solvent-based parts washers, Aqueous-based parts washers, Ultrasonic parts washers, Bioremediation Aqueous parts washer |
| Key market players worldwide | Bio-Circle Surface Technology, Walter Surface Technologies, Safety-Kleen Systems, Heritage-Crystal Clean, Safetykleen, CRC Industries, NCH Corporation, SBS Ecoclean Group, Valiant TMS, Service Line, Proceco, Rozone, Cleanway, Vollrath Manufacturing Services, Ultrasonic Power Corporation, DENIOS |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.1% of the global parts washer market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil parts washer market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 64.7 million by 2030.
Aqueous-based parts washers was the largest segment with a revenue share of 43.79% in 2023. Horizon Databook has segmented the Argentina parts washer market based on solvent-based parts washers, aqueous-based parts washers, ultrasonic parts washers, bioremediation aqueous parts washer covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for parts washers in Argentina is driven by several factors, primarily the growth of the automotive and manufacturing industries.
As these sectors continue to expand, the need for efficient cleaning solutions to maintain the quality and reliability of industrial components has become increasingly important.
Argentina has witnessed a surge in vehicle production in recent years, leading to a higher demand for parts washers.
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Parts Washer Market Scope
Parts Washer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina parts washer market size, by cleaning method, 2018-2030 (US$M)
Argentina Parts Washer Market Outlook Share, 2023 & 2030 (US$M)
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