Metal Cleaning Chemicals Market Overview
The growing automotive and manufacturing industries mainly in emerging economies are increasing the consumption of metals. As per the World Steel Association, the consumption of steel increased from 1,544.6 million tons in 2013 to 1,767.5 million tons in 2019. Therefore, with the rise in demand for metals, the usage of metal cleaning chemicals is also witnessing a surge, in order to remove unwanted substances, such as oil, grease, and corrosion, from the metal surfaces to increase their lifespan.
The global metal cleaning chemicals market is bifurcated into aqueous and solvent, on the basis of cleaner type. Between the two, the aqueous category holds the sizeable market share, owing to the increasing adoption of aqueous-based metal cleaning chemicals among industrial consumers due to their environment-friendly nature. These chemicals contain low or zero amount of volatile organic compounds (VOCs), which are consider harmful for the humans. Further, companies prefer these chemicals in order to complying with regulations set by environmental bodies and governments, to reduce the use of chemicals containing VOCs.
The metal cleaning chemicals market is categorized into automotive & other transportation, manufacturing, healthcare, and others, based on end-use industry. Among these, the manufacturing category holds a significant share in the market. The manufacturing industry uses numerous metal components during the production of end products, such as heavy machinery; and to clean those components, a large amount of metal cleaning chemicals is required. Further, rising manufacturing operations in developing countries are increasing the demand for such chemicals.
Geographically, the Asia-Pacific (APAC) region accounts for a significant share in the metal cleaning chemicals market, owing to the large production and consumption of metals, such as steel and aluminum. These metals are commonly used for the production of various manufacturing components, automobiles chassis, and industrial control panels, among others, which require metal cleaning chemicals for their cleaning. Further, high economic growth along with rising consumer income in the region is creating opportunity for international players to enter into the regional market, in order to increase their presence and revenue. This is leading to the development of new manufacturing facilities in APAC, as a result creating high demand for such chemicals.
Metal Cleaning Chemicals Market Dynamics
Drivers
The growing manufacturing and automotive industries across the world, particularly in emerging economies, such as China, India, and Brazil, are creating a high-volume demand for metal cleaning chemicals. As these industries use several machinery, equipment, and components, which require frequent cleaning in order to mitigate the production downtime. Further, the surging aerospace industry, in which these chemicals are used to protect the components from corrosion, is creating substantial demand for such chemicals. Therefore, these rising industries are expected to drive the metal cleaning chemicals market in coming years.
Restraints
Increasing concerns related to VOC content in the chemicals among several government and non-government authorities may hamper the metal cleaning chemicals market. For instance, solvent-based cleaner contains VOC substance that can cause irritation in the eyes, difficulty in breathing, and nose and throat problems. Additionally, chronic exposure to these chemicals can even lead to cancer. Therefore, such factors can hamper the demand for the compounds.
Metal Cleaning Chemicals Market Competitive Landscape
Some of the major companies operating in the global metal cleaning chemicals market include BASF SE, Evonik Industries AG, Stepan Company, Eastman Chemical Company, The Chemours Company, and The Dow Chemical Company.
The study provides the historical as well the forecast size of the metal cleaning chemicals market.
Metal Cleaning Chemicals Market Size Breakdown by Segments
The metal cleaning chemicals market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.
Based on Cleaner Type
Based on Ingredient Type
- Chelating Agent
- Surfactant
- Solvent
- Solubilizer
- pH Regulator
Based on End-Use Industry
- Automotive & Other Transportation
- Manufacturing
- Healthcare
Based on Metal Type
Geographical Analysis
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Asia-Pacific (APAC)
- China
- India
- Japan
- South Korea
- Latin America (LATAM)
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
