Global Metal Finishing Chemicals Industry

Global Metal Finishing Chemicals Industry

  • October 2022 •
  • 660 pages •
  • Report ID: 5336740 •
  • Format: PDF

What’s New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Complimentary updates for one year

Global Metal Finishing Chemicals Market to Reach $12 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Metal Finishing Chemicals estimated at US$9 Billion in the year 2020, is projected to reach a revised size of US$12 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027. Plating Chemicals, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$4.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cleaning Chemicals segment is readjusted to a revised 4.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 6.6% CAGR
The Metal Finishing Chemicals market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 6.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027.

Conversion Coatings Segment to Record 4.3% CAGR
In the global Conversion Coatings segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion in the year 2020 will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 5.4% CAGR through the analysis period.

Select Competitors (Total 139 Featured)
Advanced Chemical Company Atotech Deutschland GmbH Chemetall GmbH Coral Chemical Company DuPont de Nemours, Inc. Element Solutions Inc. MacDermid, Inc. Elementis plc Houghton International, Inc. McGean-Rohco, Inc. NOF Metal Coatings North America PPG Industries, Inc. Quaker Chemical Corporation Solvay S.A.