Market revenue in 2023 | USD 109.5 million |
Market revenue in 2030 | USD 156.2 million |
Growth rate | 5.2% (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 |
Aqueous-based parts washers was the largest segment with a revenue share of 44.93% in 2023. Horizon Databook has segmented the Germany 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.
Germany, known for its robust automotive manufacturing sector, drives significant demand for parts washers primarily due to the high volumes of vehicles and related automotive parts produced in the country.
According to the German Association of the Automotive Industry, there was an 18% increase in domestic production of automobiles from 2022 to 2023.
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