Metal Finishing Chemicals Market To Reach US$ 14.0 Billion By 2028

How Big is the Metal Finishing Chemicals Market ? :

IMARC Group's latest report, titled "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 4.7% during 2023-2028.

What is Metal Finishing Chemicals and Uses ? :

Metal finishing chemicals refer to chemical compounds that are used for applying a coating or finishing to a metal surface. These chemicals are utilized to enhance the appearance of the metal, protect it from corrosion, improve its durability, or make it more resistant to wear and tear. There are a wide variety of metal finishing chemicals available in the market that differs on the basis of their own unique properties and applications. Some of the most common types of metal finishing chemicals include plating, anodizing, cleaning and conversion coating chemicals. As a result, they are gaining widespread prominence across the globe since they enable manufacturers to create high-quality, reliable products that meet the specific needs of their customers.

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Who are the key Players Operating in the Industry ? :

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
• 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
• NOF Corporation

What are the Growth Prospects and Trends in the Metal Finishing Chemicals Industry ? :

The global market is majorly driven by significant growth in the chemical industry. Along with this, the growing demand for durable and corrosion-resistant coatings is providing a boost to the market as metal finishing chemicals. Moreover, the development of new and advanced metal finishing techniques, such as electroplating, anodizing, and electroless plating, has propelled the demand for metal finishing chemicals as these advanced techniques require specific types of chemicals to produce high-quality finishes.

Furthermore, the development of eco-friendly and sustainable metal finishing chemicals due to rising awareness about the environmental impact is creating a positive market outlook. Some of the other factors driving the market further include rapid industrialization and increasing demand for customized metal finishes.

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Key Market Segmentation:

Breakup by Product:

• 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)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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