Metal Cleaning Chemicals Market by Cleaner Type, by Metal Type, by Ingredient, by end-use industry - Global Forecast to 2025

Metal Cleaning Chemicals Market by Cleaner Type, by Metal Type, by Ingredient, by end-use industry - Global Forecast to 2025

  • September 2020 •
  • 208 pages •
  • Report ID: 3423887 •
  • Format: PDF
The global metal cleaning chemical market size is projected to reach USD 16.5 billion by 2025 from USD 12.9 billion in 2020, at a CAGR of 5.0%. The growth is anticipated primarily due to development in Asia Pacific post COVID-19 recovery, coupled with the rise in the Industrial sector. The factors restraining the growth of this market are stringent government regulations for usage of certain solvents based cleaners.

Surfactant was the largest ingredient of the metal cleaning chemical market.
Surfactant was the largest segment in the global metal cleaning chemical market in 2019.The inherent cleaning properties along with high usage in different application is expected to drive the demand for surfactant in metal cleaning chemical market.

They are the most important ingredients of aqueous metal cleaning chemicals.Surfactants are mainly used as detergents, wetting agents, and emulsifiers.

There are two types of surfactants, ionic and non-ionic. Ionic surfactants can be further grouped into negatively charged anionic, positively charged cationic, and amphoteric that carry both negative and positive functions.

Aqueous cleaner to be the largest cleaner segment in the global metal cleaning chemical market.

Aqueous cleaners was the largest segment in the global metal cleaning chemical market, by cleaner type in 2019.Increased awareness about environmental regulations has prompted many companies to move away from solvents- to aqueous-based metal cleaning without direct pressure from regulators.

Moreover, companies following sustainable solutions are adopting the aqueous based cleaners.

Manufacturing was the largest end-use industry in the global metal cleaning chemical market.
Metal cleaning chemicals are used in the manufacturing industry to clean various equipment during manufacturing operations.The growing manufacturing industry in China and India are major consumers in this segment.

The market in the manufacturing sector is drive by the expansion of this industry in China and India.The manufacturing industry in developed countries, such as the US and Germany, is experiencing steady growth because of the slow growth of the economy.

Thus, the metal cleaning chemicals market in developed countries is expected to witness moderate growth.

APAC is expected to be the largest market during the forecast period, in terms of both volume and value.
The market in the region is also projected to register the highest CAGR during the forecast period.The high economic growth in developing countries and increasing disposable incomes have made APAC an attractive market for metal cleaning chemicals.

The tremendous growth of industrial production, increased trade, and the rise in the demand for vehicles are primarily responsible for the high consumption of metal cleaning chemicals in the region. China, Japan, and India are the major markets for metal cleaning chemicals in APAC.
• By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
• By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
• By Region: North America - 32%, Europe - 21%, APAC - 27%, South America - 12%, Middle East & Africa - 8%,

The key players profiled in the report include as BASF SE (Germany), Evonik Industries AG (Germany), Stepan Company (US), Eastman Chemical Company (US), The Chemours Company (US), The Dow Chemical Company (US), Quaker Houghton (US), Nouryon (Netherland), 3M Company (US), Element Solutions (US), among others

Research Coverage
This report segments the market for metal cleaning chemical based on ingredient type, cleaner type, metal type, end-use industry and region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies associated with the market for metal cleaning chemicals.

Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the metal cleaning chemicals market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on metal cleaning chemicals offered by top players in the global market
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for metal cleaning chemicals across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global metal cleaning chemicals market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the metal cleaning chemicals market
• Impact of COVID-19 on the metal cleaning chemicals Market
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