Market revenue in 2023 | USD 22.5 million |
Market revenue in 2030 | USD 32.3 million |
Growth rate | 5.3% (CAGR from 2023 to 2030) |
Largest segment | Aqueous-based parts washers |
Fastest growing segment | Bioremediation Aqueous parts washer |
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 40% in 2023. Horizon Databook has segmented the South Africa 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 growth of the manufacturing industry in South Africa, particularly in the production of industrial machinery, electronics, and pharmaceutical products, has driven the need for effective parts cleaning solutions.
Manufacturers in the aforementioned industries rely on parts washers to remove contaminants, grease, and other impurities from their components, ensuring consistent product quality and compliance with industry standards.
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