Automatic Tube Cleaning Market size was valued at USD 116.8 million in 2023 and is likely to reach USD 192.06 million by 2036, registering around 3.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of automatic tube cleaning is estimated at USD 120.44 million. The rising adoption of automatic tube cleaning systems to increase industrial plant output and for lowering maintenance costs is the major factor expected to fuel the progress of this market. Along with this, automatic tube cleaning systems optimize the equipment function by removing foulants, residue deposits, and build-up without the use of any harmful chemicals. In this way, these systems extend the life of capital equipment, avoid corrosion build-up, and eliminate the need for mechanical or chemical cleaning, which are anticipated to be the primary reasons for the market’s growth in the forthcoming years. Furthermore, the growing contribution of the manufacturing sector in the total economic growth of the world is evaluated to support the demand for automated tube cleaning systems for equipment maintenance, and other reasons. According to the data collected from the World Bank, the net manufacturing output of the world as a percentage of GDP increased from 14.14% in 2003 to 15.39% in 2018. Additionally, the manufacturing output performance for East Asia & Pacific region was 23 % which is more than the global average.
Growth Drivers
Challenges
2023 |
|
Forecast Year |
2024–2036 |
CAGR |
3.9% |
Base Year Market Size (2023) |
USD 116.8 million |
Forecast Year Market Size (2036) |
USD 192.06 million |
Regional Scope |
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The market is segmented on the basis of system type into automatic ball tube cleaning system and automatic brush tube cleaning system, out of which, the automatic ball tube cleaning system segment is anticipated to grab the largest share by the end of 2030 on account of the cost-effective nature of this cleaning system. Apart from this, the system provides ease of operation by eliminating the need for maintenance shutdowns, which is also projected to contribute to the growth of the segment during the forecast period. Moreover, based on end-user, the power generation segment in the global automatic tube cleaning market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that power generation plants operate in an exceptionally tough setting and have an elevated need for automatic tube cleaning systems to maintain the efficiency of power production.
Our in-depth analysis of the global market includes the following segments:
System Type |
|
End-User |
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Geographically, the global automatic tube cleaning market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in the Asia Pacific is likely to hold largest revenue share by 2036, owing to increasing demand for continuous electricity supply as a result of heightened development activities and rapid growth of the population in the region. Furthermore, the market in North America is evaluated to occupy the second-largest share in terms of revenue during the forecast period, ascribing to the rising need for enhancing operational efficiency in industries and commercial spaces in the region. Along with this, North America also leads in terms of early technology adoption, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share on account of high focus on energy conservation by organizations in the region on the back of the growing environmental concerns and strong presence of service providers specializing in automatic tube cleaning systems. As per the analysis of the International Energy Agency, till 2018, total greenhouse gas emissions in European Union had decreased by 17% since 2005 and by 23% since 1990.
November 2020: Ovivo announced the acquisition of the businesses of Alar Engineering Corporation, Alar Chemical Sales, and Alar Leasing Inc. This acquisition fulfils Ovivo’s objective to develop a strong presence in the industrial water and wastewater markets of North America.
June 2020: Saur, a French water technology company, acquired Nijhuis Industries. This acquisition supports the growth strategy of Saur for the activities in the field of industrial water treatment.
Author Credits: Dhruv Bhatia
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