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.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
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.
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.
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 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.
Metal Cleaning Chemicals Market: Regional Segment Analysis
What Reports Provides
Request the coronavirus impact analysis across industries and markets