Metal Finishing Chemicals Market Size, Share, Trends, Growth and Forecast 2032
Metal Finishing Chemicals Market- By Process (Thermal or Plasma Spray Coating, Polishing, Plating, Electroplating, and Anodizing), By Material (Copper, Chrome, Nickel, Zinc, Silver, Gold and Platinum), and By Type (Proprietary Chemicals, Conversion Coating, Cleaning Chemicals, Plating Chemicals, and Food & Beverages): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028-
The global Metal Finishing Chemicals Market size was valued USD 11.25 billion in 2023 and is expected to USD 19.12 billion by 2032 at a CAGR of 4.8%.
Metal Finishing Chemicals Market Size And Industry Analysis
The global Metal Finishing Chemicals Market accrued earnings worth approximately 11.25 (USD Billion) in 2021 and is predicted to gain revenue of about 19.12(USD Billion) by 2028, is set to record a CAGR of nearly 4.8% over the period from 2022 to 2028. The report offers assessment and analysis of the Metal Finishing Chemicals Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).
Metal Finishing Chemicals Market: Outlook
Metal finishing chemicals are utilized for metal coating to protect metals from getting corroded and rusted or be affected from wear & tear. Myriad kinds of methods are utilized for performing metal finishing such as silk screening, plating, e-coating, anodizing, and powder coating. If metal is left without chemical treatment, it can disintegrate at rapid rate. Reportedly, metal finishing chemicals can clean, etch, and plate metallic surfaces enhancing physical appearance and characteristics.
Global Metal Finishing Chemicals Market: Report Scope:
| Report Attributes | Report Details |
|---|---|
| Report Name | Metal Finishing Chemicals Market |
| Market Size in 2021 | USD 11.25 Billion |
| Market Forecast in 2028 | USD 19.12 Billion |
| Compound Annual Growth Rate | CAGR of 4.8% |
| Number of Pages | 178 |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Key Companies Covered | Elementis plc, NOF Corporation, Atotech Deutschland GmbH, Houghton International, Inc., Coral Chemical Company, Platform Specialty Products Corporation, The Dow Chemical Company, Chemetall GmbH, McGean-Rohco, Inc., and Advanced Chemical Company. |
| Segments Covered | By Process, By Material, And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
| Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
| Base Year | 2021 |
| Historical Year | 2016 to 2020 |
| Forecast Year | 2021 - 2028 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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Metal Finishing Chemicals Market: Growth Dynamics
Massive product demand over analysis period can be credited to beneficial features of product such as resistance to wear & tear, corrosion, and durability. Large-scale vehicle production in countries such as India, China, Thailand, and Indonesia are anticipated to propel growth of metal finishing chemicals market. In addition to this, massive use of passenger vehicles in China and India will proliferate size of metal finishing chemicals industry. A prominent surge in utility of metal finishing chemicals in electroplating & polishing processes will expedite growth of metal finishing chemicals market.
Furthermore, metal finishing chemicals are utilized in plating of shock absorbers, gears, brake calipers, fluid delivery tubes, cylinders, heat sinks, engine valves, and front grills. This will steer growth of metal finishing chemicals market. In addition to this, metal finishing chemicals find lucrative applications in functional electronic coatings, decorative coatings, and functional coatings, thereby boost market trends.
Metal Finishing Chemicals Market: Regional Landscape
Asia Pacific Metal Finishing Chemicals Market To Record Fastest CAGR Over 2022-2028
Expansion of metal finishing chemicals industry in Asia Pacific over prognosis period is due to thriving automotive industry in countries such as Malaysia, Thailand, Indonesia, China, South Korea, and India. In addition to this, rapid expansion of electronics & electrical industries in Taiwan, South Korea, India, and Japan will increase size of metal finishing chemicals market.
Metal Finishing Chemicals Market: Competitive Insights
Key players profiled in report and influencing market growth are Elementis plc, NOF Corporation, Atotech Deutschland GmbH, Houghton International, Inc., Coral Chemical Company, Platform Specialty Products Corporation, The Dow Chemical Company, Chemetall GmbH, McGean-Rohco, Inc., and Advanced Chemical Company.
The global Metal Finishing Chemicals Market is segmented as follows:
By Process
- Thermal or Plasma Spray Coating
- Anodizing
- Polishing
- Plating
- Electroplating
By Material
- Copper
- Chrome
- Nickel
- Platinum
- Zinc
- Silver
- Gold
By Type
- Proprietary Chemicals
- Conversion Coating
- Cleaning Chemicals
- Plating Chemicals
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content
Methodology
FrequentlyAsked Questions
Massive market demand over analysis period can be credited to beneficial features of product such as resistance to wear & tear, corrosion, and durability.
According to Zion market research report, The global Metal Finishing Chemicals Market accrued earnings worth approximately 11.25 (USD Billion) in 2021 and is predicted to gain revenue of about 19.12(USD Billion) by 2028, is set to record a CAGR of nearly 4.8% over the period from 2022 to 2028.
Asia Pacific will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to thriving automotive industry in countries such as Malaysia, Thailand, Indonesia, China, South Korea, and India.
The key market participants include are Elementis plc, NOF Corporation, Atotech Deutschland GmbH, Houghton International, Inc., Coral Chemical Company, Platform Specialty Products Corporation, The Dow Chemical Company, Chemetall GmbH, McGean-Rohco, Inc., and Advanced Chemical Company.
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