The global water/aqueous based parts washer market was valued at USD 482.5 Million in 2019 and is projected to reach USD 661.8 Million by 2027, expanding at a CAGR of 5.4% during the forecast period. The demand for water/aqueous based parts washer is growing as manufacturing industry is growing in developing economies, which is driving the demand for these washers. Moreover, rising applications of water/aqueous based parts washers in the aerospace industry is also aiding the growth of global water/aqueous based parts washer market.
Manufacturing plays a key role in the economic growth of developing countries. Water/aqueous-based parts washers are integral to many manufacturing processes. The expansion of automotive, aerospace, medical, and other industries in developing economies is projected to fuel the demand for water/aqueous-based parts washers during the forecast period. Moreover, end-users from the manufacturing industry are emphasizing on increasing the life span of equipment to reduce maintenance & operation cost and increasing profits. This, in turn, is anticipated to increase the demand for water/aqueous-based parts washers, as they help maintain the operational efficiency of the industrial and manufacturing equipment by removing dirt, grease, oil, among other contaminants. The adoption of automatic water/aqueous-based parts washers is rising among end-use industries, as they reduce labor costs and increase productivity. Automatic water/aqueous-based parts washers use lesser water and detergent as compared to manual washers, which reduces the amount of wastewater. Moreover, automatic water/aqueous-based parts washers are available in several designs and varieties to meet the cleaning needs and space constraints of the end-user industries. This, in turn, is anticipated to boost the demand for automatic water/aqueous-based parts washers during the forecast period.
However, Water/aqueous-based parts washers have been used for decades to meet the cleaning needs in the manufacturing industry. However, requirement for high initial start-up costs and skilled labor for operating water/aqueous-based parts washers are anticipated to hamper the market during the forecast period. Moreover, lack of awareness about automated water/aqueous-based parts washers among end-users is anticipated to impede the demand for water/aqueous-based parts washers in the coming years.
With the introduction of water/aqueous-based detergents, many negative environmental impacts of solvents have been eliminated. Modern water-based chemistries are formulated for removing a wide variety of soils from different materials, such as plastics aluminum, steel, copper, glass, and brass. Environmentally friendly cleaning detergents are extensively used for cleaning in most industries. Through advances in water-based cleaning processes in the industry, cleaning with water has become widely accepted and is a preferred method for cleaning manufacturing and industrial parts.
Cleaning with water and water-based cleaning fluids is cost-effective and environmentally-friendly alternative to solvents. Hence, end-use industries are adopting water/aqueous-based parts washers to reduce industrial waste and reduce environmental concerns. Effective water-based cleaning is achieved through the accurate combination of water/detergent, mechanical scrubbing, and heat in the water/aqueous-based parts washer. This, in turn, is anticipated to create lucrative opportunities in the water/aqueous-based parts washer market during the forecast period.
Based on product type, the global water/aqueous-based parts washer market is segmented into spray cabinet parts washer, immersion parts washer, conveyor parts washer, rotary drum parts washer, ultrasonic washer, and others. The ultrasonic segment is expected to account for a key share owing to increasing demand for pharmaceutical and medical applications. Ultrasonic washers are widely used to clean complex medical devices.
The spray cabinet parts washer segment is anticipated to grow at a substantial pace during the forecast period. This growth can be attributed to the availability of spray cabinet parts washers for small and large workpieces.
On the basis of operation mode, the global water/aqueous-based parts washer market is bifurcated into automatic and manual.
The manual segment is anticipated to hold a significant share of the global water/aqueous-based parts washer market in 2020. Manual water/aqueous-based parts washers are widely used by small businesses for targeted cleaning applications in numerous end-use industries.
Based on distribution channels, the water/aqueous-based parts washer market is classified as online and offline. The offline segment is expected to account for a key share owing to high preference for offline channels among customers. Moreover, customers prefer offline channel, as it allows them to check products physically before purchasing.
On the basis of operation mode, the global water/aqueous-based parts washer market is bifurcated into automatic and manual.
The manual segment is anticipated to hold a significant share of the global water/aqueous-based parts washer market in 2020. Manual water/aqueous-based parts washers are widely used by small businesses for targeted cleaning applications in numerous end-use industries.
Based on regions, the global water/aqueous-based parts washer market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a dominant share of the global market owing to the presence of well-established, technologically advanced manufacturers and growing adoption of automatic water/aqueous-based parts washer washers in the region. The water/aqueous-based parts washer market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to expansion of automotive, aerospace, and bio-medical sectors in the region, which is projected to fuel the demand for water/aqueous-based parts washers during the forecast period. The water/aqueous-based parts washer market in Europe is projected to expand in the coming years due to growing demand from automotive and other manufacturing industries.
Key Segments Covered
By Product Types
By Operation Mode
By Distribution Channels
By Distribution Channels
By Regions
Key Market Players Profiled in the Report
Key Segments Covered
By Product Types
By Operation Mode
By Distribution Channels
By Distribution Channels
By Regions
Key Market Players Profiled in the Report
Some frequently asked quetions about this report!
Major Manufactures include SBS Ecoclean Group, Safety-Kleen Systems, Valiant TMS, South Shore Controls, Inc., Stoelting Cleaning Equipment, Service Line, Inc., CRC Industries, PROCECO Ltd, MECWASH SYSTEMS LIMITED, StingRay Parts Washers, Equipment Manufacturing Corporation, Alliance Manufacturing, Inc, Firbimatic Spa, GRAYMILLS, AEC Systems, LLC.
The base year considered for the global water/aqueous based parts washer market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
The market is expected to witness slow growth with decline in terms of demand during 2019-2020 owing to the negative impact of COVID-19 pandemic on the water/aqueous based parts washer market.
Rising applications in the aerospace industry and increasing adoption of automatic water/aqueous-based parts washers are the key applications driving the market growth.
The water/aqueous based parts washer market is anticipated to grow significantly during forecast period due to growing manufacturing industry in developing economies. Moreover, due to technological advancements in water/aqueous-based parts washers.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the water/aqueous based parts washer market is available in final report.
According to this Growth Market Reports report, the market from water/aqueous based parts washer market is likely to register a CAGR of 5.4% during forecast period 2020-2027, with an anticipated valuation of USD 661.8 million by the end of the 2027.
Yes, the report covers types of water/aqueous based parts washer such as spray cabinet parts washer, immersion parts washer, conveyor parts washer, rotary drum parts washer, ultrasonic washer, and others.
Additional company profiles can be provided on request.
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