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Global Metal Finishing Chemicals Market Comprehensive Study: Forecasted Market Size And Growth Rate | McGean-Rocho Inc., Atotech Deutschland GmbH, Advanced Chemical Company, Asterion LLC,

Metal Finishing Chemicals  Market Size

Metal Finishing Chemicals Market Size

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2538

The Business Research Company offers in-depth market insights through Metal Finishing Chemicals Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The metal finishing chemicals market size has grown strongly in recent years. It will grow from $12.31 billion in 2023 to $13.23 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to manufacturing growth, renewable energy, environmental regulations, automotive industry, electronics.

The metal finishing chemicals market size is expected to see strong growth in the next few years. It will grow to $17.67 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to aerospace applications, consumer goods, healthcare equipment, additive manufacturing, space exploration. Major trends in the forecast period include advancements in corrosion protection, green technologies, electrification of vehicles, advanced alloys, microelectronics and nanotechnology.

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Market Segmentation:
The main types of metal finishing chemicals are plating chemicals, cleaning chemicals, conversion coating, proprietary chemicals, and other types. Plating chemicals refer to metal coatings on diverse materials that are created by autocatalytic chemical reduction of metal cations in a liquid bath in industrial chemical processes. Plating chemicals include formula additives, metal salts, and other consumables electroless plating, electrodeposition, anodized layer formation, or electroplating. The various materials used in metal finishing chemicals are zInc., nickel, chrome, copper, gold, silver, platinum, and other materials using electroplating, chemical and electro-chemical conversion, electroless plating, and other processes. They are used by several end-use industries such as automotive, electrical and electronics, industrial machinery, construction, aerospace and defense, and other end-users.

Major Driver - Rising Automobile Sales Propel Growth In The Metal-Finishing Chemicals Market
The increasing sales of automobiles worldwide are expected to drive the growth of the metal-finishing chemicals market. The growth in automobile sales is driven by rapid urbanization and the expansion of global auto manufacturers in developing nations. Automobile parts are finished using various coatings of metals such as zinc., and nickel that keeps the automotive parts corrosion-free and resistant to rubbing against each other. According to U.S. News & World Report, an American media company, in 2021, the number of new automobiles sold in the USA was slightly more than 15 million, a 3.4% increase over the year 2020. Thus, the increased sales of automobiles are anticipated to positively impact the growth of the metal finishing chemicals market.

Competitive Landscape:
Major companies operating in the metal finishing chemicals market include McGean-Rocho Inc., Atotech Deutschland GmbH, Advanced Chemical Company, Asterion LLC, Quaker Houghton Corporation, A Brite Company, DOW Chemicals, Coral Chemical Company, Elementis plc, Raschig GmbH, Chemetall GmbH, Coventya Chemical Company, Platform Specialty Products Corporation, BASF SE, Element Solutions Inc., Henkel AG & Co. KGaA, C. Uyemura & Co. Ltd., Honeywell International Inc., Linde plc, OC Oerlikon Management AG, Sequa GmbH, Houghton InternationalIInc., Interplex Holdings Pte. Ltd., Kuntz Electroplating Inc., Pioneer Metal Finishing Inc., Roy Metal Finishing Inc., Bajaj Electroplaters Pvt. Ltd., MacDermid Enthone Industrial Solutions, Pavco Inc., Technic Inc.

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Top Trend - Innovations In Metal Finishing Chemicals
Product innovations are a key trend gaining popularity in metal finishing chemicals. Companies in the metal finishing chemicals are launching the improved version of a previous good to enhance its capabilities and provide the best product in the market. For instance, in December 2021, SIFCO ASC, a US-based provider of selective electroplating and anodizing services, launched Encapsulated Plating, a new-to-market electroplating technique. The new method combines the best of both previous processes to provide a long-term solution for plating complex, circular, or axis-symmetric elements such as deep bores or recessed sections. The procedure has the same benefits as selective plating in that it minimizes masking, decreases the reliance on submerging an entire item, generates minimum waste, and maintains a fast-plating rate.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Metal Finishing Chemicals Market Characteristics
3. Metal Finishing Chemicals Market Trends And Strategies
4. Metal Finishing Chemicals Market - Macro Economic Scenario
5. Metal Finishing Chemicals Market Size And Growth
…..
27. Metal Finishing Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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