Market revenue in 2023 | USD 33.6 million |
Market revenue in 2030 | USD 47.1 million |
Growth rate | 4.9% (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 41.67% in 2023. Horizon Databook has segmented the Spain 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 Spain benefits from the position of the country as a manufacturing hub in Europe. Parts washers are used in diverse industries and areas such as automotive, electronics, and renewable energy in the country.
In automotive manufacturing, these washers are important for the effective cleaning of engine blocks, brake parts, manifolds, drivetrain components, brake cylinders, etc. to ensure the quality of vehicle components.
This indirectly supports the role of Spain as a significant producer of passenger and commercial vehicles. As per Invest in Spain, the country is the second-largest producer of automobiles in Europe with a strong original equipment manufacturer (OEM) presence.
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