Global Metal Finishing Chemicals Market Size study, by Product (Plating Chemicals, Conversion Coatings, Cleaning Chemicals, Others) by Process (Electroplating, Electroless Plating, Chemical & Electro Chemicals Conversion, and Others), by Application (Automotive, Electrical & Electronics, Aerospace, Construction, and Others) and Regional Forecasts 2022-2028
Global Metal Finishing Chemicals Market is valued approximately USD 11.21 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.70% over the forecast period 2022-2028. The metal finishing chemicals are those chemicals used in automotive interior and exterior parts by protecting it against premature wear and corrosion. Whereas, these chemicals are also used to enhanced the appearance by giving the pars a smooth finish. The increasing demand in automotive industry and increasing demand for passenger cars in India and China along with the rising disposable income is fueling the automotive market which in turns will boost the market of metal finishing chemicals in the projected period. For Instance: as per the India Brand Equity Foundation (IBEF.org), as of January 2022, total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles reached 1,860,809 units. Furthermore, increasing usage of metal finishing chemicals in aerospace and growing printed circuit board industry will fuel the market to grow in a positive direction in the forecast period. Also, with the increasing demand for bio based cleaning agents, changing lifestyle and fast urbanization will provide significant opportunity and is likely to increase the market growth during the forecast period. However, high regulations on wastewater management and hazardous waste disposal hiders the growth of the market over the projected period of 2022-2028.
The key regions considered for the Global Metal Finishing Chemicals Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share owing to the presence of a large number of and growing manufacturing and automotive sector. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising demand and consumption of automotive manufacturing in countries such as China, India, Indonesia and Thailand.
Major market player included in this report are:
Atotech Deutschland GmbH
Advanced Chemical Company
Elementis PLC
DOW Chemicals
Coral Chemical Company
McGean-Rocho Inc
Raschig GmbH
COVENTYA
Asterion LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Plating Chemicals
Conversion Coatings
Cleaning Chemicals
Others
By Process:
Electroplating
Electroless Plating
Chemical & Electro Chemical Conversion
Others
BY Application
Automotive
Electrical & Electronics
Aerospace
Construction
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Metal Finishing Chemicals Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Atotech Deutschland GmbH
Advanced Chemical Company
Elementis PLC
DOW Chemicals
Coral Chemical Company
McGean-Rocho Inc
Raschig GmbH
COVENTYA
Asterion LLC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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