According to a recent report by Reports and Data, the Metal Cleaning Chemicals Market is projected to reach USD 27.03 Billion by 2027. These chemicals are utilized to eliminate inorganic and extraneous materials from metal surfaces, including oil, grease, corrosion oxides, and other particulates that can impact the performance of metals. By preventing corrosion and removing organic and inorganic fouling materials, metal cleaning helps maintain product integrity.
The application of metal cleaning chemicals is widespread in industries such as automotive, manufacturing, transportation, and aerospace, where heavy machinery and equipment necessitate regular maintenance to ensure optimal performance. The Asia Pacific region is experiencing significant growth in demand for these chemicals, driven by end-users in sectors like manufacturing, metal and mining, automotive, and aerospace. However, the market's growth may be hindered by strict regulations regarding the use of non-toxic chemicals. Nevertheless, the emergence of environmentally sustainable and bio-based chemicals presents promising growth opportunities in the forecast period.
The Asia Pacific region dominates the market, primarily due to the growing aerospace, manufacturing, metal and mining, and automotive industries. Countries like Japan, China, and India are expected to drive the demand for metal cleaning chemicals in the coming years. The Asia Pacific region is also projected to exhibit the fastest compound annual growth rate (CAGR) during the forecast period, while North America and Europe are expected to witness slower demand.
The COVID-19 pandemic has had an adverse impact on foundries, with closures and production halts resulting in overstocked inventories. The reduced demand for cast components in the industrial and automotive sectors has particularly affected medium and small factories. Although the metal cleaning chemicals market has experienced sluggish growth due to the pandemic, it is anticipated to recover as lockdown measures are lifted in developing regions.
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Key findings from the report include:
- Aqueous cleaning chemicals, comprising detergents with surfactants and anticorrosives, enhance cleaning efficiency through various physiochemical phenomena. Factors such as emulsification, sequestration, wetting, solubilization, dispersion, and saponification, coupled with mechanical and thermal energy, contribute to their effectiveness.
- The steel industry holds a significant market share due to the high production levels of steel. The demand for metal cleaners is driven by the need to address the common challenge of cleaning metallic surfaces. Asia, in particular, has witnessed substantial steel production growth.
- The manufacturing sector in the Asia Pacific region, especially in countries like China, Japan, India, and Indonesia, is experiencing notable expansion. China, in particular, is expected to double its manufacturing industry growth rate, while India anticipates a 4% increase over the next two years. This growth bodes well for the metal cleaning chemicals market.
- Europe is expected to hold the second-largest market share, with stable growth attributed to manufacturing, automotive, and increasing demand from countries like Italy, France, and Spain. Additionally, the presence of key market players further drives market demand.
Key participants in the Metal Cleaning Chemicals Market 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, and Eastman Chemical Company, among others.
The global Metal Cleaning Chemicals Market has been segmented by Reports and Data based on Chemical Type, End-Use, Application, and region:
- Chemical Type Outlook:
- Aqueous
- Solvent
- End-Use Outlook:
- Automotive
- Construction
- Manufacturing
- Appliances and Utensils
- Others
- Application Outlook:
- Steel
- Copper
- Aluminum
- Others
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