Global Metal Finishing Chemicals Market, By Type (Plating Chemicals, Proprietary Chemicals, Cleaning Chemicals, Conversion Coating Chemicals), Process (Electroplating, Plating, Anodizing, Carbonizing, Polishing, Thermal Or Plasma Spray Coating, Others), Material (Zinc, Nickel, Chromium, Aluminum, Copper, Precious Metals, Others), End-Use Industry (Automotive, Electrical & Electronics, Industrial Machinery, Aerospace & Defence, Construction, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the metal finishing chemicals market will witness a CAGR of 5.45% for the forecast period of 2021-2028. Metal finishing chemicals market report analyses the growth, which is currently being growing due to the rising demand of the wear resistant as well as durable products.
Metal finishing chemicals are used to preserve automotive interior and exterior parts from corrosion and premature wear. These chemicals are also used to improve the appearance of the parts by smoothing them out. The amount of moisture in the air can cause corrosion and, as a result, damage to the metal sections of the car. As a result, manufacturers offer unique metal coating to protect automotive metal parts from corrosion.
The growing number of applications from automotive industry is amongst the major factor influencing the growth of the metal finishing chemicals market. The high growth of printed circuit board industry, rise in the usages of chemicals in aerospace maintenance, repair and overhauls, favorable policies of the government are also likely to enhance the growth of the metal finishing chemicals market in the forecast period of 2021 to 2028. Furthermore, rising demand of bio based cleaning chemicals along with rapid urbanization and changing lifestyle will further create ample opportunities for the growth of the metal finishing chemicals market in the above mentioned forecast period.
However, the hazardous waste disposal and waste water management requirements, as well as the substitution of metals with more cost plastic, will serve as market limitations for metal finishing chemicals over the projection period.
This metal finishing chemicals market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on metal finishing chemicals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Metal Finishing Chemicals Market Scope and Market Size
Metal finishing chemicals market is segmented on the basis of type, process, material, and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, metal finishing chemicals market is segmented into plating chemicals, proprietary chemicals, cleaning chemicals, and conversion coating chemicals.
- On the basis of process, metal finishing chemicals market is segmented into electroplating, plating, anodizing, carbonizing, polishing, and thermal or plasma spray coating, and others. Plating has been further segmented into immersion plating, and electroless plating. Polishing has been further segmented as electropolishing.
- On the basis of material, metal finishing chemicals market is segmented into zinc, nickel, chromium, aluminum, copper, precious metals, and others. Nickel has been further segmented into nickel-iron, nickel-cobalt, nickel-manganese, and zinc-nickel. Chromium has been further segmented into hard chromium electroplating, decorative chromium electroplating, and trivalent chromium plating. Precious metals have been further segmented into gold, silver, and platinum.
- On the basis of end-use industry, metal finishing chemicals market is segmented into automotive, electrical & electronics, industrial machinery, aerospace & defence, construction, and others. Automotive has been further segmented into shock absorbers, heat sinks, gears, cylinders, and capacitors. Electrical & electronics have been further segmented into semiconductors, PCBS (printed circuit boards), capacitors, and resistors. Aerospace & defence has been further segmented into aircraft engines, landing gear, bolts, valve components, and satellite & rocket components.
Metal Finishing Chemicals Market Country Level Analysis
The Metal Finishing Chemicals market is analysed and market size, volume information is provided by country, type, process, material, and end-use industry as referenced above.
The countries covered in the metal finishing chemicals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the metal finishing chemicals industry because of the prominence of numerous manufacturing companies. Asia-Pacific region is predicted to have the highest growth rate due to the rise of the electronics sector in the region.
The country section of the metal finishing chemicals market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metal Finishing Chemicals Market Share Analysis
The metal finishing chemicals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to metal finishing chemicals market.
The major players covered in the metal finishing chemicals market report DOW, NOF CORPORATION., ELEMENTIS PLC., Atotech, Chemetall GmbH, Coral, Houghton International Inc., McGean-Rohco Inc., A Brite Company, COVENTYA International, C.Uyemura & CO.,LTD., Grauer & Weil (India) Limited, Henkel Adhesives Technologies India Private Limited., Industrial Metal Finishing, Inc., Metal Finishing Technologies, LLC, Quaker Chemical Corporation, RASCHIG GmbH., Wuhan Jadechem International Trade Co.,Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.