Market revenue in 2023 | USD 846.8 million |
Market revenue in 2030 | USD 1,242.9 million |
Growth rate | 5.6% (CAGR from 2023 to 2030) |
Largest segment | Aqueous-based parts washers |
Fastest growing segment | Ultrasonic parts washers |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
Aqueous-based parts washers was the largest segment with a revenue share of 41.66% in 2023. Horizon Databook has segmented the Asia Pacific 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 parts washer market in Asia Pacific is experiencing robust growth, largely propelled by the expanding aerospace, automotive, medical, railway, and electronics industries. Each of these demands efficient cleaning solutions to maintain operational efficiency, safety standards, and product quality.
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