Metal Finishing Chemicals Market Growth by Key Players: Quaker Chemicals Corp., McGean Specialty Chemicals Group, Lonza Group, C. Uyemura & Co. Ltd., Coral Chemical Co., Atotech Deutschland GmbH and Advanced Chemical Company

Asia Pacific is the fastest growing metal finishing chemicals market. There is a rising demand for the product in countries such as India, China and Japan as these countries have a developing market for automobile, electronics and aerospace industry. Japan and China are the major consumers in the Asia Pacific market while India is projected to be the fastest growing metal finishing chemicals market in this region. Hence companies have a greater scope and future opportunity in this region owing to a growing market demand.

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North America is the leading region in terms of demand. North America is followed by Europe as the demand in this region is huge owing to the developing automotive and manufacturing market. Specific countries such as the UK and Germany in Europe have the largest demand for metal finishing chemicals. Furthermore, huge demand from the aerospace, electronics and electrical industry in the U.S. has the largest demand for this market. Rest of the globe is projected to have a stable demand for metals finishing chemicals market in the coming years.

Rising demand from the automobile and electronics & electrical industry are the primary drivers for the global metal finishing chemicals market. The product has a huge demand in the aerospace and automobile equipment industry. Owing to this huge demand from the degreasing and cleaning of equipment, aerospace is projected to be a primary and fastest growing industry for this market. Moreover, considering the automotive industry, metal finishing chemicals impart resistance to chemicals, hardness, wear resistance, electrical resistance, electrical conductivity, corrosion resistance, torque tolerance, reflexivity & appearance. Also, other industries in which metal finishing chemicals are used by the end-users are the transportation equipment and industrial machinery.

However, workplace and environmental regulations related to the metal finishing chemicals are likely to hinder the growth of this market in the coming years as it is considered as one of the most toxic industry. Moreover, stringent regulations of the U.S. government relating to metal finishing chemicals market, due to its chemical sensitive industry is projected to be the major restraint in future.

Some of the materials used in metal finishing are platinum, silver, gold, copper, chrome, nickel and zinc. Among these, zinc is expected to have accounted for a major chunk of the market share due to its cost efficiency and easy availability. It is also suitable for various applications namely plating, batteries, coaxial cables, cleats bolts and anchors on the plumbing fixtures in the electronics, electrical, construction, defense, aerospace and automotive industries. Moreover, zinc material coatings also provide benefits such as anti-galling to the base metal, decorative coating, paint adhesion and corrosion protection.

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The metal finishing chemicals market is fragmented. However, still, this sector is dominated by some key players with global presence. Some of the major manufacturers in the metal finishing chemicals market are Quaker Chemicals Corp., McGean Specialty Chemicals Group, Lonza Group, C. Uyemura & Co. Ltd., Coral Chemical Co., Atotech Deutschland GmbH and Advanced Chemical Company to name a few.

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