Rust Remover Market Report Offers Intelligence and Forecast till 2017 - 2027

Rust removers have distinct formulations used to remove rust stains. Rust (Iron Oxide) stains are often reddish brown or dark red in color. Rust strains are made of water and air moisture. Rust removers generally contain either oxalic acid or phosphoric acid. These strong acids react with iron oxide and convert it into a weaker acid. Rust removers are widely used across different industries, such as automotive, marine, aviation, construction and maintenance industries, etc., where rust removal is inevitably a necessary task required to improve the reliability and total life span of products and equipment. Furthermore, rust removers are also used in commercial as well as residential sectors. With increasing applications of iron and steel in various sectors, the demand for rust removers is also expected to grow in near future, thereby augmenting the growth of rust removers market during the assessment period.

Global Rust Remover Market: Market Dynamics

The rust remover market is being driven by the huge demand from the manufacturing industry. The continuous growth in automobile and construction activities in developed and developing regions is expected to predominately affect the global rust removers market in a positive way. Moreover, to cater to the needs of the ever increasing population of the world, the transportation sector is expected to evolve, thereby driving the rust remover market with itself. Owing to increasing offshore treading, defense and leisure activity, the marine sector is expected to grow at a high rate during the forecast period. As vessels are surrounded by saltwater and operate in extreme working conditions, the metal gets damaged and the vessels become rusty over a period of time. Hence, rust removers are extensively used in marine industry. The marine sector is expected to propel the rust remover market at an exponential rate. Some of the key players in this market are investing on research and development of safe, non-toxic and marine environment friendly products.

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Rust removers require some serious elbow grease to remove rust. This might prove to be a restraint for the market. That aside, most of the rust removers contain oxalic acid as an active ingredient, which is extremely toxic. Hence, health issues and regulations can prove to be a major restraint for the rust removers market. Similarly, increasing usage of rust resistant materials such as carbon fiber and reinforced plastic materials in lieu of iron and steel, resistant is expected to hamper the growth of rust remover market. Moreover, customer preference is shifting from rust removers to rust convertors because of their ease of application. Companies are focusing on developing fast acting, economical, safe, non-toxic and environment friendly rust removers.

However, irrespective of these impediments and threats, the rust removers market is expected to grow at an exponential rate during the assessment period.

Global Rust Remover Market: Market Segmentation

The global rust remover market, on the basis of end use, can be segmented as:

Automotive Industry

Marine Industry

Aviation and aerospace industry

Construction

Residential

Commercial

Maintenance and repair

Global Rust Remover Market: regional outlook

Asia Pacific is estimated to be the principal consumer of rust removers. The region is expected to witness high demand for rust removers owing to the huge demand from automotive and manufacturing sectors. The growing construction and infrastructure activities in India, China and Japan are expected to boost the rust removers market. China is one of the prominent consumers and manufacturers of rust removers. North America is expected to witness high growth rate for rust removers market owing to increasing demand from residential, aviation & aerospace sectors. Increasing demand from the U.S. military department is also expected to drive the rust removers market. Europe is expected to witness steady growth during the forecast period.

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Global Rust Remover Market: Key Participants

Examples of some of the market participants operating in the global rust remover market include:

Trimurti

Corrosion Technologies, LLC

Northern Technologies International Corporation (NTIC)

The Dow Chemical Company

Chempace Corporation

The Lubrizol Corporation

Europages SA

Research Solutions Group, Inc.

Chemtool Incorporated

Choksey Chemicals PVT. LTD.

Ferryl

Jenolite

Emergo Metal Treatment

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This release was published on openPR.