Strong Presence of Leading Players Benefits Europe Metal Cleaning Equipment Market

The process of metal cleaning involves the removal of unwanted chemically adhering substances such as rust and scale and physically adhering substances such as oil, dust, and chips. Metal cleaning equipment is used in almost every manufacturing process for applications such as heat treatment, surface treatment, maintenance and repair, and mechanical production. Metal cleaning plays a vital role in several industrial verticals such as food processing, electronics, optics, construction, car repair, and services.

Q. What will the Europe metal cleaning equipment market look like in the near future?

A. Europe is home to some of the largest metal cleaning equipment companies in the world, a fact that significantly boosts the metal cleaning equipment market in the region. In 2015, Transparency Market Research estimated that the market for metal cleaning equipment in Europe valued US$731.7 mn. The growth of micro, small, and medium enterprises and the rise in activities in the aerospace, automotive, and processing industries in the region are anticipated to boost the value of the metal cleaning equipment market in Europe to US$1.2 bn by 2024, registering a 6.2% CAGR therein.

Q. Which European country in the metal cleaning equipment market stands out in terms of performance?

A. The metal cleaning equipment market in Europe comprises Italy, Germany, the UK, France, Russia, and the Rest of Europe. Among these, Germany is the clearly the largest revenue contributor to the Europe metal cleaning equipment market. In 2015, the country held a 24.60% share in the overall market, fueled primarily by the growing demand from small and medium enterprises and large companies. Other factors driving the Germany metal cleaning equipment market include a significant increase in the number of startup companies and a surge in services provided to large manufacturing companies in the electronics, automotive, and industrial equipment sectors.

Q. How have industry events contributed toward the expansion of the metal cleaning equipment market in Europe?

A. Parts2clean is a leading industry event and international trade fair for industrial surface and parts cleaning that is held in Stuttgart, Germany. Stuttgart is well-known as a manufacturing hub and each year, international and national exhibitors showcase the latest innovations in the areas of maintenance, cleaning, disposal, and recycling of industrial equipment.

Market and technology leaders from within the industry help identify new solutions to optimize costs and processes and new standards in terms of innovative trends and developments in industrial cleaning are set at the exhibition. The 2015 edition of the trade fair saw participation from countries such as Austria, Italy, the U.K., Switzerland, France, and Spain, with the presence of leading players such as Sturm Holding GmbH, Pero AG, Metalwash Ltd., Durr Ecoclean GmbH, Rippert Anlagentechnik GmbH & Co. KG, Metalas Cleaning Systems, Hockh Metall-Reinigungsanlagen GmbH, Rosler Oberflachentechnik GmbH, and MecWash Systems Ltd.

Europe Metal Cleaning Equipment Market to Display Positive Growth for Increasing Industrial Process Efficiencies

Metal cleaning is a critical step in manufacturing processes; this includes surface treatment, mechanical production, heat treatment, and maintenance and repair of equipment in the complete process. The complete metal cleaning process involves the removal of undesirable substances that stick to the surface of the metal, such as oil, dust, chips, etc. and substances that adhere chemically, such as scale, rust, etc.

Metal equipment needs to be cleaned on a regular basis for ensuring protection against corrosion and to maintain its operational efficiency. The chemical cleaning of metals offers numerous advantages over mechanical means of cleaning. Of the several advantages of metal cleaning through chemical means, the foremost is that the metal equipment doesn’t need to be dismantled and reassembled. Secondly, the cleaning does not damage the equipment.

Satisfactory Lifecycle of Metal Cleaning Equipment to Result in Moderate Market Growth

Metal cleaning equipment is extremely complex and the design specifications are finalized so as to carry out metal degreasing and cleaning activities. In Europe, these systems are designed to keep up with environmental safety and protection norms laid down by the European Union. The product lifecycle is as long as 5 to 10 years, which is the reason why the number of installations of metal cleaning equipment in Europe will display a moderate demand in the coming years.

This market is expected to display a CAGR of 6.2% from 2016 to 2024, says Transparency Market Research (TMR). The Europe metal cleaning equipment market stood at US$731.7 mn in 2015.

Europe Metal Cleaning Equipment Market – an Overview

The Europe metal cleaning equipment market is displaying a positive growth trajectory due to several reasons. First and foremost, the high activity in the aerospace, automotive, and process industries in Europe and development of micro, small, and medium enterprises (MSMES) worldwide are driving this market. Some observations pertaining to the development of this market are as follows:

> Open tanks multistage was the largest technology segment of the market in 2015; the segment held a 39.2% share in the overall market. The technology comprises several cleaning stages. Open tanks multistage technology involves cleaning the whole metal equipment in batches to obtain the best results. This also allows users to meet the cleaning requirements of several disparate components in one machine. It is highly suitable for the calculated washing of mechanical metal components.

> Conveyor belts stood as the largest movement type segment of this market in 2015. This segment held a share of 62.1% in the global market. Nevertheless, the programmable segment will display the fastest growth from 2014 to 2024. The rising popularity of newer technologies such as artificial intelligence across the industrial sector will propel the demand for programmable movement for increased efficiency and automation.

> Germany contributed the largest revenue to the Europe metal cleaning equipment market in 2015; the region held a 24.6% share in the overall market. Germany continues to remain the largest market due to the rising demand from SMEs and large enterprises in this region. Other than this, the increasing number of startups and SMEs that provide services to large manufacturing companies, is fueling the growth of the Germany metal equipment market.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/europe-metal-cleaning-equipment-market.htm