Metal Cleaning Chemicals Market To Reach USD 27.03 Billion By 2027

According to a new report by Reports and Data, the size of the Global Metal Cleaning Chemicals Market is expected to reach USD 27.03 billion by 2027. Chemicals used for metal cleaning are used to wash off inorganic and extraneous materials from the metal's surface. They are used to remove any oil that can affect the consistency of metal output, excessive surfaces, grease, corrosion oxides, and other particulate matter. Metal washing prevents product corrosion and removes fouling of organic materials such as bacteria, fungi, animal fats and hydrocarbons, as well as inorganic materials such as hydroxides, sulphides, silicates, carbonates, phosphates, etc.

Chemicals used for metal cleaning are used in automobile, building, transportation, and aerospace to clean heavy machines and machinery. For heavy machinery and equipment used in the transportation and manufacturing industry, consistent maintenance and sustained performance quality are required. Significant growth in demand among end-users for these chemicals is driving the market in the Asia Pacific region. However, strict regulations on the use of non-toxic chemicals can hamper the growth of the business. The emergence of environmentally friendly and bio-based chemicals is expected to generate sufficient growth opportunities during the forecast period.

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The manufacturing sector has seen an increase in the Asia Pacific region, especially in China, Japan, India, and Indonesia. The growth rate of the manufacturing industry in China is expected to double in the coming years, according to the Chinese Ministry of Commerce. The Government of India released the same data, which is expected to show a 4% increase over the next two years in the manufacturing sector. The market for chemicals for metal cleaning is anticipated to benefit from this.

It is projected that the second-largest market share will be held by Europe. The area will experience stable growth as a result of increasing manufacturing, cars and demand from countries such as Italy, France and Spain. Moreover, the participation of key market players is also encouraged by customer demand.

Key participants include

Stepan Company
Houghton International Inc.
Eastman Chemical Company
Air Products and Chemicals, Inc.
The DOW Chemical Company
Quaker Chemical Corporation
Oxiteno
Rochester Midland Corporation
Emerson Electric
Eastman Chemical Company

For the purpose of this report, Reports and Data has segmented the global metal cleaning chemicals market on the basis of chemical type, end-use, application, and region:

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Chemical Type Outlook (Revenue, USD Billion; 2017-2027)

Aqueous
Solvent

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Automotive
Construction
Manufacturing
Appliances and Utensils
Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Steel
Copper
Aluminum
Others

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Regional Outlook (Revenue, USD Billion; 2017-2027)

North America
S.
Canada
Europe
Germany
K.
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
A.E.
Rest of MEA

Key Highlights from the Metal Cleaning Chemicals Market Report:

Comprehensive overview of the Metal Cleaning Chemicals market along with detailed analysis of the current and emerging trends of the industry.
Detailed analysis of the competitive landscape of the market with company profile, product portfolio, and expansion strategies
Comprehensive assessment of the mergers and acquisitions, joint ventures, partnerships, and other collaborations
In-depth regional analysis to provide a detailed understanding of the market spread and competition in key regions of the market
Complete assessment of the risks, trends, demands, opportunities, and threats in the industry
Strategic recommendations to the new players and established countries to assist them in gaining a strong foothold in the market

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