Metal equipment often gets contaminated by organic and inorganic substances resulting from the deposition of various lubricating oils, corroded metals, hard water, and others. This may reduce the efficiency of the operations or damage the equipment. Metal cleaning at regular intervals, therefore, becomes necessary to ensure the proper functioning of the machinery and maintain the efficiency of the operation. Metal cleaning can be done mechanically or using chemicals. Chemical cleaning of metals is carried out in a sequence of steps depending upon the nature of deposits. Unlike mechanical cleaning, chemical cleaning of metals requires no assembling and dismantling of metal equipment. In addition, chemical cleaning does not damage the equipment eliminating corrosion risks.
MARKET DYNAMICS
The metal cleaning chemicals market is anticipated to grow in the forecast period owing to driving factors such as increase in metal consumption coupled with surging demands from the end-use industries. Moreover, rising concern towards industrial cleaning and maintenance further propel the growth of the metal cleaning chemicals market. However, stringent environmental and governmental regulations hamper the growth of the metal cleaning chemicals market. On the other hand, introduction of green and bio-based chemicals is likely to showcase significant growth opportunities for the players involved in the metal cleaning chemicals market during the forecast period.
MARKET SCOPE
The "Global Metal Cleaning Chemicals Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of metal cleaning chemicals market with detailed market segmentation by type, metal type, and geography. The global metal cleaning chemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal cleaning chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global metal cleaning chemicals market is segmented on the basis of type and metal type. Based on type, the market is segmented as aqueous metal cleaning chemicals and solvents metal cleaning chemicals. The market on the basis of aqueous metal cleaning chemicals is further sub-segmented as builders, surfactants, sequestrants and inhibitors, emulsion cleaners, and others. On the other hand, the market by solvents metal cleaning chemicals is further sub-classified into oxygenated solvents, hydrocarbon solvents, halogenated solvents, and others. On the basis of the metal type, the market is segmented as steel, aluminum, copper alloys, and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global metal cleaning chemicals market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The metal cleaning chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting metal cleaning chemicals market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the metal cleaning chemicals market in these regions.
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MARKET PLAYERSThe reports cover key developments in the metal cleaning chemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from metal cleaning chemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for metal cleaning chemicals in the global market. Below mentioned is the list of few companies engaged in the metal cleaning chemicals market.
The report also includes the profiles of key metal cleaning chemicals companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
-Air Products and Chemicals, Inc.
-Eastman Chemical Company
-Emerson Electric Co.
-Houghton International Inc.
-Oxiteno
-Quaker Chemical Corporation
-Rochester Midland Corporation
-Stepan Company
-The Chemours Company
-The Dow Chemical Company
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