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Metal Cleaning Chemicals Market by Type, by Metal Type, by Region - Global Trends & Forecasts to 2020

  • November 2015
  • 132 pages
  • MarketsandMarkets
Report ID: 3423887

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Metal cleaning is referred to as washing or degreasing of metal parts. The general objective of metal cleaning is to remove foreign matter from a solid substrate, keeping its surface intact. The aim behind cleaning is to attain a surface condition that matches the requirements of post process operations or finished parts. Metal cleaning chemicals are used in industries such as manufacturing, aerospace, automobile, and others. The metal cleaning chemicals market is projected to register a CAGR of 3.9%, in terms of volume, between 2015 and 2020.

The aqueous-based metal cleaning chemicals enjoys the lion share of the global metal cleaning chemicals. This segment is projected to witness a CAGR of 4.4%, in terms of Volume, between 2015 and 2020.Environmental issues associated with solvent-based chemicals due to the VOC content and toxicity are the major factors driving the demand for aqueous-based chemicals.

Asia-Pacific is leading the metal cleaning chemicals market. Growth in Asia-Pacific is led by increase in metal consumption and rising demand from end-use industries such as manufacturing, automobile, aerospace, and so on Steel cleaning, which is presently the largest market for metal cleaning chemicals, is projected to continue dominating the market till 2020.

The report analyzes the metal cleaning chemicals market trends and forecasts the market size for each of the market size till 2020. The market size has been provided in terms of volume (kilotons) and value (USD million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, product portfolio, recent developments, and company strategy.

The metal cleaning chemicals market is projected to register strong growth rate between 2015 and 2020. The company profiled in this report includes Air Products and Chemicals, Inc. (U.S.), Eastman Chemical Company (U.S.), Emerson Industrial Automation (U.S.), Houghton International Inc.(U.S.), Oxiteno (Brazil), Quaker Chemical Corporation (U.S.), Rochestor Midland Corporation (U.S.), Stepan Company (U.S.), the Chemours Company (U.S.), and the Dow Chemical Co. (U.S.), among others.

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