Metal Cleaning Chemicals Market Size, Share, Trends, Growth 2030

Metal Cleaning Chemicals Market

Metal Cleaning Chemicals Market By Type [Solvent and Aqueous], By Metal Type [Alloys, Aluminum, Steel, Copper, and Others], By And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-1350 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 17.00 Billion USD 24.11 Billion 4.46% 2022

Metal Cleaning Chemicals Market

Description

The global metal cleaning chemicals market size was worth around USD 17.00 billion in 2022 and is predicted to grow to around USD 24.11 billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.46% between 2023 and 2030.

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Global Metal Cleaning Chemicals Market: Overview

The surface of the metals contain extraneous inorganic and organic materials, to wash these materials off metal cleaning chemicals are used. They are also used to wash off unwanted substances that include grease, corrosion oxides, oil, particulates, and others. These substances are washed away so that the performance efficiency is not affected and to prevent the damage. Substances such as corroding substrates, lubricating oil, hard water, etc. when deposited on the metal surface cause corrosion, thus these cleaning chemicals are used on the metal surfaces. The application areas of the metal cleaning chemicals are automotive, transportation, manufacturing, and aerospace.

Global Metal Cleaning Chemicals Market: Growth Factors

In the manufacturing industry and the transportation industry heavy equipment and machinery always require maintenance so that the performance is not hampered. Thus, all the verticals where wide usage of huge machinery is required utilize the metal cleaning chemicals. The industries such as automotive, aerospace, and manufacturing are driving the metal cleaning chemicals market. There are developments being made in the metal cleaning chemicals market; bio-based and eco-friendly sustainable metal cleaning chemicals are being developed which is going to open new opportunities in the meat cleaning chemicals market. The factor that is hampering the market growth is the stringent regulations in the emerging nations against the use of toxic chemicals.

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Global Metal Cleaning Chemicals Market: Segmentation

The global metal cleaning chemicals market is segmented into its type, metal type, and regions. On the basis of type, the global market is segregated into solvent and aqueous. The solvent segment is sub-segmented into halogenated, oxygenated, hydrocarbon, and others. Based on the metal type, the market is categorized into alloys, aluminum, steel, copper, and others. Region-wise, the global market for metal cleaning chemicals is diversified into Europe, North America, Asia-Pacific, and Rest of the World.

Metal Cleaning Chemicals Market : Report Scope

Report Attributes Report Details
Report Name Metal Cleaning Chemicals Market Research Report
Market Size in 2022 USD 17.00 Billion
Market Forecast in 2030 USD 24.11 Billion
Growth Rate CAGR of 4.46%
Number of Pages 215
Key Companies Covered Houghton International Inc., Modern Chemical, Inc., Quaker Chemical Corporation, Stepan Company, Hubbard-Hall Inc., ICL Performance Products, PCC Chemax Inc., and Spartan Chemical Company, Inc.
Segments Covered By Type, By Metal Type and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Metal Cleaning Chemicals Market: Regional Analysis

The region that dominated the metal cleaning chemicals market is Asia Pacific. The factor that attributed to this growth is the increase in the end-user industries that use metal cleaning chemicals boosted the market. The end user industries that have grown in the Asia Pacific region are aerospace, metal & mining, manufacturing, and automotive. The developing countries such as Japan, China, and India generated a huge demand for the metal cleaning chemicals in the past few years. However, Europe and the North American region are experiencing a sluggish growth. The factor that is attributing to this slow growth is the stringent regulations by the government. The Middle East and Africa and Latin American region are proving to be lucrative markets for the metal cleaning chemicals market.

Global Metal Cleaning Chemicals Market: Competitive Players

The global metal cleaning chemicals market is led by players like:

  • oughton International Inc
  • Modern Chemical Inc
  • Quaker Chemical Corporation
  • Stepan Company
  • Hubbard-Hall Inc
  • ICL Performance Products
  • PCC Chemax Inc
  • Spartan Chemical Company Inc

The global metal cleaning chemicals market is segmented as follows:

By Type

  • Solvent
  • Aqueous

By Metal Type

  • Alloys
  • Aluminum
  • Steel
  • Copper
  • Others

Metal Cleaning Chemicals Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Metal cleaning chemicals are substances specifically designed for cleaning and removing contaminants from metal surfaces. These contaminants can include dirt, rust, grease, oil, scale, oxidation, and other types of residues that can accumulate on metal surfaces during manufacturing, transportation, storage, or use.

The demand for metal cleaning chemicals is closely tied to the overall growth of industries that extensively use metal components, such as automotive, aerospace, manufacturing, and electronics. Economic development and increased industrial activities can drive the need for effective metal cleaning solutions.

The global metal cleaning chemicals market size was worth around USD 17.00 billion in 2022 and is predicted to grow to around USD 24.11 billion by 2030.

The global metal cleaning chemicals market was compound annual growth rate (CAGR) of roughly 4.46between 2023 and 2030.

The region that dominated the metal cleaning chemicals market is Asia Pacific. The factor that attributed to this growth is the increase in the end-user industries that use metal cleaning chemicals boosted the market. The Middle East and Africa and Latin American region are proving to be lucrative markets for the metal cleaning chemicals market.

The major market players in the metal cleaning chemicals market include Houghton International Inc., Modern Chemical, Inc., Quaker Chemical Corporation, Stepan Company, Hubbard-Hall Inc., ICL Performance Products, PCC Chemax Inc., and Spartan Chemical Company, Inc.

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