Vacuum Degreaser Industry Analysis in East Asia
Study on Vacuum Degreasers in East Asia by Use in Aerospace, Automotive, Industrial Machining, Casting & Metal Working, Semiconductors & Electronics, and Medical from 2024 to 2034
Analysis of Vacuum Degreaser Industry Covering Countries Includes Analysis of China, Japan, and South Korea
Vacuum Degreaser Sales Outlook for East Asia (2024 to 2034)
Sales of vacuum degreasers in East Asia are poised to reach US$ 250.1 million in 2024, as per a detailed market study published by Fact.MR. The market in East Asia is projected to increase at 8.5% CAGR and reach US$ 565 million by the end of 2034.
Increased demand for vacuum degreasers in East Asia is closely linked to the growth of the industrial sector. The region is well-known for its robust manufacturing sector, therefore growing industrial activities are projected to increase demand for degreasing and cleaning equipment. Further, safety standards and environmental regulations are projected to impact demand for vacuum degreasers. Implementation of stringent regulations about the use of certain cleaning methods or solvents is estimated to lead to increased investments in vacuum degreaser technology to match these regulations.
Innovations taking place in vacuum degreaser technology, such as enhanced safety features, minimized environmental impacts, and improved efficiency are contributing to the growing demand for vacuum degreasers. Furthermore, noteworthy growth of the electronics and automotive industries is projected to positively impact demand for degreasing equipment. In addition, economic growth in East Asia is estimated to lead to increased industrial investment and spending on equipment, including vacuum degreasers.
| Report Attributes | Details |
|---|---|
| Vacuum Degreaser Sales in East Asia (2024E) | US$ 250.1 Million |
| Projected Sales (2034F) | US$ 565 Million |
| Demand Growth (2024 to 2034) | 8.5% CAGR |
| Sales in South Korea (2024E) | US$ 35.3 Million |
| Sales in China (2034F) | US$ 340 Million |
| Demand Growth in Japan (2024 to 2034) | 8.2% CAGR |
| Market Share of Top Load Vacuum Degreasers (2024E) | >69% |
| Key Companies Profiled |
|
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What is the Demand Outlook for Vacuum Degreasers in East Asia?
“Steady Industrial Growth Driving Demand for Degreasing and Cleaning Equipment”
Industrial growth in East Asia is associated with the implementation of stringent safety and environmental regulations. Vacuum degreasers, particularly those using environment-friendly solvents are vital for industries, automotive, etc. emphasizing compliance with set regulations. Furthermore, market companies are willing to invest in advanced degreasing technologies to match environmental standards, while ensuring responsible and sustainable manufacturing practices.
Industries such as precision engineering and electronics heavily rely on vacuum degreasers for ensured cleanliness of sensitive and intricate components. Expansion of high-tech manufacturing technology is forecasted to propel the demand for precision cleaning equipment, such as vacuum degreasers to maintain the reliability and quality of electronic machinery and devices. They help improve overall manufacturing efficiency and reduce downtime.
Country-wise Insights
Why are Vacuum Degreaser Companies Targeting China?
“Supportive Government Initiatives for Industrial Development”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 145.2 Million |
| Growth Rate (2024 to 2034) | 8.9% CAGR |
| Projected Value (2034F) | US$ 340 Million |
Certain government policies and initiatives are taken by the government in China for environmental sustainability, technology adoption, and industrial development. The government is providing support for green technologies and offering incentives to upgrade industrial processes, which are forecasted to lead to the increased adoption of vacuum degreasers in the country during the forecasted period from 2024 to 2034.
How is the Market in Japan Forecasted to Perform Over the Decade?
“Well-established Precision Manufacturing Industries Generating Demand for Cleaning Components”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 69.6 Million |
| Growth Rate (2024 to 2034) | 8.2% CAGR |
| Projected Value (2034F) | US$ 153 Million |
Some of the prominent precision manufacturing industries are established in the market in Japan. Some of these industries include machinery, electronics, and automotive. Increased demand for precise and clean components in these industries is projected to stimulate demand for efficient degreasing components, which are stimulating sales of vacuum degreasers as efficient degreasing solutions.
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Category-wise Insights
Why is There Increased Traction for Vacuum Degreasers Above 200 kg?
“Increased Load-handling Capacity and Efficiency of Above 200 kg Degreasers”
| Attribute | Above 200 kg |
|---|---|
| Segment Value (2024E) | US$ 135.6 Million |
| Growth Rate (2024 to 2034) | 8.3% CAGR |
| Projected Value (2034F) | US$ 301 Million |
Increased demand for vacuum degreasers above 200 kg is closely related to the sophisticated and complex manufacturing process, which propels the demand for larger and more advanced cleaning equipment. These vacuum degreasers are helping in maintaining high-quality standards. In addition, these vacuum degreasers can handle more load in a single cycle, therefore contributing to improved throughput and efficiency in manufacturing processes. Different industries, including automotive, electronics, aerospace, etc. seeking options to enhance overall productivity are projected to invest in the adoption of vacuum degreasers above 200 kg.
Why are Top Load Vacuum Degreasers Widely Preferred?
“Growing Requirements for Precision Manufacturing Procedures”
| Attribute | Top Load |
|---|---|
| Segment Value (2024E) | US$ 174.2 Million |
| Growth Rate (2024 to 2034) | 8.7% CAGR |
| Projected Value (2034F) | US$ 401 Million |
Certain industries, such as automotive, aerospace, and electronics generally need precision manufacturing procedures. Top-load vacuum degreasers are gaining prominence for offering precise and thorough cleaning solutions, therefore making them more suitable for industries with certain stringent cleanliness requirements. In addition, the easy availability of top-load vacuum degreasers compared to other options is also driving their demand.
Competition Landscape
Prominent manufacturers of vacuum degreasers in the East Asia market are emphasizing offering various quality products to respective end users. They are increasing their investments in the production of more effective degreasing solutions. In addition, the involvement of these players in the management of supply chain systems, new developments, etc. is projected to help them secure a position for themselves.
Baron Blakeslee, MEG S.r.l., Bel Air Finishing Supply Corp., Pero Corporation, and Ultronix Inc. are some prominent suppliers of vacuum degreasers in East Asia. According to the analysis published by Fact.MR, a market research and competitive intelligence provider, these players are concentrating on increasing their revenue share and expand footprint across the market in East Asia.
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Segmentation of Vacuum Degreaser Study in East Asia
-
By Capacity :
- Up to 50 Kg
- 50 to 200 Kg
- Above 200 Kg
-
By Application :
- Aerospace
- Automotive
- Industrial Machining
- Casting & Metal Working
- Semiconductors & Electronics
- Medical
-
By Design :
- Top Load
- Front Load
-
By Operation :
- Automatic
- Semi-Automatic
-
By Country :
- China
- Japan
- South Korea
- FAQs -
What is the demand value for vacuum degreasers in East Asia?
Demand for vacuum degreasers in East Asia is poised to reach a valuation of US$ 250.1 million in 2024.
What are the sales of vacuum degreasers projected to reach by 2034?
Sales of vacuum degreasers in East Asia are forecasted to reach US$ 565 million by the end of 2034.
At what rate is the demand for vacuum degreasers forecasted to increase?
The market in East Asia is projected to expand at a CAGR of 8.5% from 2024 to 2034.
How much share of the East Asia market is accounted for by top-load vacuum degreasers?
More than 69% share of the East Asia market is projected to be held by top-load vacuum degreasers in 2024.
What is the projected valuation of the market in South Korea for 2024?
Revenue from the sales of vacuum degreasers in South Korea is anticipated to reach US$ 35.3 million in 2024.
What is the outlook for vacuum degreasers in the Chinese market?
The market in China is projected to reach US$ 340 million by the end of 2034.
At what CAGR is the demand for vacuum degreasers projected to increase in Japan?
Sales of vacuum degreasers in Japan are forecasted to rise at a CAGR of 8.2% from 2024 to 2034.
Vacuum Degreaser Industry Analysis in East Asia