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Global Metal Finishing Chemicals Market Analysis, Segments, Value Share, Top Company Analysis and Key Trends Raise at 4.5% CAGR Through 2024
Global Metal Finishing Chemicals Market? Industry Trends and Forecast to 2024
The Global Metal Finishing Chemicals Market accounted for USD 8.96billion in 2016 and is projected to grow at a CAGR of 4.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Metal Finishing Chemicals Market By Type (Plating, Conversion Coating, Cleaning)By Process (Electroplating, Electro-less Plating, Chemical & Electrochemical Conversion) By Material (Zinc, Nickel, Chromium, Aluminum, Copper, Precious Metals)By Application{Automotive, Electrical & Electronics, Industrial Machinery, Aerospace & Defense, Construction} – Industry Trends and Forecast to 2024
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Competitive Analysis:
The global metal finishing chemicals market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Market Segmentation:
On the basis of type:- Plating, conversion coating, cleaningand others.
On the basis of process:- Electroplating, electro-less plating, chemical & electrochemical conversion and others.
On the basis of material:- Zinc, nickel, chromium, aluminum, copper, precious metals and others.
On the basis of application:- Automotive, electrical & electronics, industrial machinery, aerospace & defense, constructionand others.
Automotive sub segmented:-
shock absorbers, heat sinks, gears, cylinders and capacitors. Electrical & electronicsis further sub segmented into semiconductors, PCBs, capacitors and resistors. Aerospace & defenseis further sub segmented into aircraft engines, landing gear, bolts, valve components, and satellite & rocket components.
On the basis of geography:- North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Major Market Drivers:
• Growing demand in automotive sector
• Growing printed circuit board (PCB) demand in the electronics industry
• Demand of metal finishing chemicals in aerospace maintenance, repair and overhauls
Market Restraint:
• Replacement of metal by plastic
• Regulations on waste water management and hazardous waste disposal
Major Market Competitors
• The DOW Chemical Company,
• Platform Specialty Products Corporation,
• NOF Corporation,
• Element is PLC,
• Advanced Chemical Company,
• Atotech Deutschland GmbH,
• Chemetall,
• Coral Chemical Company,
• Houghton International, Inc.,
• Mcgean-Rohco, Inc.,
• A Brite Company,
• Coventya, C.Uyemura& Co., Ltd.,
• Grauer& Weil India Ltd.,
• Henkel Corporation,
• Industrial Metal Finishing, Inc.,
• Metal Finishing Technologies LLC,
• Quaker Chemical Corporation,
• Raschig GmbH,
• Wuhan Jadechem International Trade Co., Ltd.
• Many more.
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