Singapore Parts Washer Market Size & Outlook, 2024-2030
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Singapore parts washer market highlights
- The Singapore parts washer market generated a revenue of USD 27.3 million in 2023 and is expected to reach USD 35.8 million by 2030.
- The Singapore market is expected to grow at a CAGR of 3.7% 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 27.3 million |
| Market revenue in 2030 | USD 35.8 million |
| Growth rate | 3.7% (CAGR from 2024 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, Singapore accounted for 1.3% 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 Asia Pacific, China parts washer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 127.1 million by 2030.
Aqueous-based parts washers was the largest segment with a revenue share of 42.86% in 2023. Horizon Databook has segmented the Singapore 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.
Manufacturers in the country are placing a strong emphasis on improving productivity and operational efficiency. Parts washers play a significant role in this regard, as they help streamline the cleaning process, reduce downtime, and enhance the overall quality of manufactured products.
Moreover, the adoption of automated and advanced parts washers has been on the rise as companies seek to optimize their manufacturing operations.
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Parts Washer Market Scope
Parts Washer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| DENIOS | View profile | 101-250 | Louisville, Kentucky, United States, North America | https://www.denios-us.com/ |
| Ultrasonic Power Corporation | View profile | 1-10 | Freeport, Illinois, United States, North America | https://www.upcorp.com/index.html |
| Vollrath Manufacturing Services | View profile | - | Sheboygan, Wisconsin, United States, North America | http://vollrathmanufacturing.com |
| Cleanway | View profile | 11-50 | Solothurn, Solothurn, Switzerland, Europe | http://www.cleanway-group.ch |
| Rozone | View profile | 11-50 | Darlaston, Staffordshire, United Kingdom, Europe | https://www.rozone.co.uk |
| Proceco | View profile | 101-250 | Montréal, Quebec, Canada, North America | https://www.proceco.com/ |
| Service Line | View profile | 1-10 | San Vito Al Tagliamento, Friuli-Venezia Giulia, Italy, Europe | https://service-line.info/ |
| Valiant TMS | View profile | 1001-5000 | Windsor, Ontario, Canada, North America | https://www.valianttms.com/ |
| SBS Ecoclean Group | View profile | 501-1000 | Filderstadt, Baden-Wurttemberg, Germany, Europe | https://ecoclean-group.net/ |
| NCH Corporation | View profile | 10001+ | Irving, Texas, United States, North America | http://www.nch.com/ |
| CRC Industries | View profile | 501-1000 | Horsham, Pennsylvania, United States, North America | http://www.crcindustries.com/ |
| Safetykleen | View profile | 1001-5000 | Brentford, Hounslow, United Kingdom, Europe | http://www.safetykleen.eu/uk/ |
| Heritage-Crystal Clean | View profile | 1001-5000 | Elgin, Illinois, United States, North America | http://www.crystal-clean.com/ |
| Safety-Kleen Systems | View profile | 5001-10000 | Richardson, Texas, United States, North America | http://www.safety-kleen.com |
| Walter Surface Technologies | View profile | 501-1000 | Windsor, Connecticut, United States, North America | https://www.walter.com |
| Bio-Circle Surface Technology | View profile | 51-100 | Gütersloh, Nordrhein-Westfalen, Germany, Europe | https://www.bio-circle.ch |
Singapore parts washer market size, by cleaning method, 2018-2030 (US$M)
Singapore Parts Washer Market Outlook Share, 2023 & 2030 (US$M)
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