Metal Finishing Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global metal finishing chemicals market size reached US$ 10.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.42% during 2022-2028.
Metal finishing chemicals are used to change the substrate of an article and improve its appearance and durability. They find application in the industrial sector to minimize corrosion, promote paint adhesion, strengthen substrate, increase wear resistance, and reduce friction effects. It is also employed in the automotive industry to increase solderability, improve chemical resistance, and enhance surface electrical conductivity. Some of the commonly utilized metal finishing chemicals include solvents and surfactants for cleaning, acids and bases for etching, and solutions for plating finish on the substrate.
Metal Finishing Chemicals Market Trends:
The increasing sales of automobiles worldwide represents one of the key factors bolstering the market growth. Moreover, metal finishing chemicals are utilized in the aerospace industry to improve the durability and strength of different parts, reduce manufacturing cycle times, and maximize product yield. Due to improving living standards and the flourishing e-commerce and travel and tourism industries, significant growth in commercial aviation is also influencing the market growth. Apart from this, the rising demand for consumer electronics is promoting the adoption of metal finishing chemicals in the electronics industry for manufacturing connectors, interlocks, junction fittings, computer drive mechanisms, printed circuit boards (PCBs), lead wires terminals, and chassis memory drums and discs. Furthermore, on account of properties, including hardness and torque tolerance, the application of metal finishing chemicals is anticipated to expand in the production of jewelry. They help in shaping components, enhancing the bond of adhesives and organic coatings, and cleaning, polishing, and removing surface defects.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metal finishing chemicals market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, process, material and application.
Plating Chemicals
Conversion Coatings
Cleaning Chemicals
Others
Breakup by Process:
Electroplating
Electroless Plating
Chemical and Electro Chemical Conversion
Others
Breakup by Material:
Zinc
Nickel
Chromium
Aluminum
Copper
Precious Metals
Others
Breakup by Application:
Automotive
Electrical and Electronics
Aerospace
Construction
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A Brite Company, Advanced Chemical Company, Atotech Deutschland GmbH, Chemetall GmbH, Coral Chemical Company, Dow Inc., Element Solutions Inc, Elementis plc, Henkel AG & Co. KGaA., Houghton International Inc. (Quaker Chemical Corporation), McGean-Rohco Inc. and NOF Corporation.
Key Questions Answered in This Report
1. What was the size of the global metal finishing chemicals market in 2022?
2. What is the expected growth rate of the global metal finishing chemicals market during 2023-2028?
3. What are the key factors driving the global metal finishing chemicals market?
4. What has been the impact of COVID-19 on the global metal finishing chemicals market?
5. What is the breakup of the global metal finishing chemicals market based on the product?
6. What is the breakup of the global metal finishing chemicals market based on the process?
7. What is the breakup of the global metal finishing chemicals market based on the material?
8. What is the breakup of the global metal finishing chemicals market based on the application?
9. What are the key regions in the global metal finishing chemicals market?
10. Who are the key players/companies in the global metal finishing chemicals market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Metal Finishing Chemicals Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product
- 6.1 Plating Chemicals
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Conversion Coatings
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Cleaning Chemicals
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 7 Market Breakup by Process
- 7.1 Electroplating
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Electroless Plating
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Chemical and Electro Chemical Conversion
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 8 Market Breakup by Material
- 8.1 Zinc
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Nickel
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Chromium
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Aluminum
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Copper
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Precious Metals
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
- 9 Market Breakup by Application
- 9.1 Automotive
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Electrical and Electronics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Aerospace
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Construction
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 A Brite Company
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Advanced Chemical Company
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Atotech Deutschland GmbH
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Chemetall GmbH
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 SWOT Analysis
- 15.3.5 Coral Chemical Company
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Dow Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Element Solutions Inc
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Elementis plc
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Henkel AG & Co. KGaA
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Houghton International Inc. (Quaker Chemical Corporation)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 McGean-Rohco Inc.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 NOF Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
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