Metal Finishing Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Plating Chemicals, Proprietary Chemicals, Cleaning Chemicals, and Conversion Coating Chemicals), By Material (Zinc, Nickel, Chromium, Aluminium, Copper, Others), By Process (Electroplating, Anodizing, Polishing, Others), By End Use (Automotive, Electrical & Electronics, I
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMetal Finishing Chemicals Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Plating Chemicals, Proprietary Chemicals, Cleaning Chemicals, and Conversion Coating Chemicals), By Material (Zinc, Nickel, Chromium, Aluminium, Copper, Others), By Process (Electroplating, Anodizing, Polishing, Others), By End Use (Automotive, Electrical & Electronics, I
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The polishing and electroplating techniques, which offer excellent corrosion, wear resistance, and durability while increasing the look, are driving the growth of the metal finishing chemicals market, which is expected to reach exceptional value in the future. Furthermore, clean and degrease metal substrates like steel, nickel, and aluminium, metal finishing chemicals are often used more frequently. In addition, the aerospace and automobile industries are increasing their use of metal-finishing chemicals. Therefore, based on these expanding applications, the market will probably increase significantly over the next several years.
Rising Demand from The Automotive Sector
As of 2021, China is the world's largest automotive manufacturing country.
Growing in The Electrical & Electronics, and Industrial Machinery Sector
Electronic components and parts are coated and electroplated to increase electrical conductivity, corrosion resistance, and solderability to withstand wear. Rhodium, copper, nickel, silver, platinum, and other materials are used to polish electronics components when these chemicals are utilized in the electrical and electronics sector for various applications, including capacitors, resistors, PCBs, semiconductors, etc. As a result of all the contributing factors, this market has developed potential in the forecast period.
In addition, the use of metal finishing chemicals in industrial machinery for the finishing of industrial tools and components, among other things, is also increasing demand. Furthermore, the makers of metal finishing chemicals are anticipated to benefit financially from their forays into adjacent sectors and their targeting of new products and customers. These reasons are predicted to drive the growth of the metal finishing chemicals market in the forecast period.
Zinc Will Continue To Be a Key Material
Zinc metal plays a significant role in the market for metal finishing chemicals. When it comes to using chemicals to polish metal, zinc plating is said to be a prevalent procedure. The corrosion resistance of the underlying substrate is considerably increased by zinc finishing or plating. In addition to these advantages, zinc coating is known for its low cost, low-stress deposit, enhanced strength, ductility, high-temperature tolerance, flexibility, and many other benefits. Thus, all such factors and trends are expected to drive the demand for metal finishing in the upcoming years.
Recent Developments
- In March 2022, Metalx Specialty Products Inc. was acquired by Ronatec C2C Inc. The two firms have had a commercial partnership for more than 25 years and have merged recently.
- Pioneer Metal Finishing LLC, a company in the portfolio of Aterian Investment Partners, acquired Electrochem Solutions Inc. in November 2021. The company's West Coast footprint is increased by this acquisition, and its metal finishing skills are strengthened.
- In February 2021, Coventya Acquisition was announced by Element Solutions Inc. With this purchase, compelling technology and new growth opportunities in associated end markets are provided.
- KCH Services Inc. and HEIL Engineered Products Equipment was acquired by ECS Environmental Solutions in December 2019.
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Market Segmentation
Global Metal Finishing Chemicals Market
Market Players
Atotech Deutschland GmbH & Co. KG, Chemetall US Inc., Quaker Houghton BV, DuPont de Nemours, Inc., McGean-Rohco Inc., Metal Finishing Technologies, LLC, C. Uyemura & Co. Ltd., Grauer & Weil (India) Limited, Industrial Metal Finishing, Inc., Element Solution Inc. are some of the key players of Global Metal Finishing Chemicals Market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Material · Process · End Use |
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States; Mexico; Canada; France; Germany; United Kingdom; Italy; Spain; Netherlands; Russia; China; India; South Korea; Japan; Australia; Malaysia; Brazil; Argentina; South Africa; Saudi Arabia; UAE |
| Key companies profiled | Atotech Deutschland GmbH & Co. KG, Chemetall US Inc., Quaker Houghton BV, DuPont de Nemours, Inc., McGean-Rohco Inc., Metal Finishing Technologies, LLC, C. Uyemura & Co. Ltd., Grauer & Weil (India) Limited, Industrial Metal Finishing, Inc., Element Solution Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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