TOKYO, JAPAN, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Metal Cleaning Chemicals Market Size, Share, Growth Analysis Report By Ingredients Type (Chelating Agent, Surfactants, Solvents, Solubilizers, pH Regulators, Others), By Cleaner Type (Aqueous, Solvent), By End-Use Industry (Automotive & Aerospace, Manufacturing, Healthcare, Others), By Metal Type (Steel, Copper, Aluminum, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Metal Cleaning Chemicals Market size & share was valued at approximately USD 13194.20 million in 2021. The market is expected to grow above a CAGR of 4.80% and is anticipated to reach over USD 17480.38 million by 2028.”

The report analyses the Metal Cleaning Chemicals market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Metal Cleaning Chemicals market.

What are Metal Cleaning Chemicals? How big is the Metal Cleaning Chemicals Industry?

Market Overview:

A chemical used for cleaning metals removes organic and inorganic substances from the surface that have accumulated on it due to corrosion oxides, oil, grease, grime, and other contaminants over time. The metal surfaces must be cleaned to avoid oxidation damage, and other contaminates. Hard water, organic elements like algae, bacteria, denatured proteins, animal fats, and hydrocarbons, and inorganic elements like carbonates, hydroxides, oxides, sulfides, sulfates, silicates, and phosphates, are all thought to contribute to metal corrosion. Chemicals for cleaning metal are used in the manufacturing, automotive, aerospace, and transportation sectors to clean heavy gear and equipment.

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Key Insights from Primary Research

Market Dynamics

The widespread use of metals in heavy machinery and equipment across numerous end-use industries, such as automotive, aerospace, railways, electrical, electronics, metallurgy, chemicals, oil & gas, pharmaceuticals, and food & beverage, is primarily responsible for the market growth for metal cleaning chemicals. The market for metal cleaning chemicals is also being stimulated by growing concerns about industrial cleaning and maintenance.

Environmental laws that limit the use of harmful chemicals have been predicted to reduce consumer demand in industrialized nations. The need for bio-based and ecologically friendly chemicals is also expected to assist the market for chemicals used to clean metal.

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Metal Cleaning Chemicals Market: COVID-19 Impact Analysis

As a result of the epidemic, there has been a spike in the consumption of cleaning chemicals across a broad spectrum of product categories. This includes disinfectants, all-purpose cleaners, surface cleaners, detergents, soaps, body washes, and lotions. To stop the disease from spreading from person to person and from the environment, it is necessary to practice good personal and environmental cleanliness. Consumption at the industrial level has declined, with the exception of those industries that provide critical services, as a direct result of the shutdown of production units.

As a consequence of the disease's proliferation, the importance of cleaning operations has significantly increased. Practicing good personal hygiene and keeping surfaces clean are also necessary steps in the fight against this disease. However, the demand in the metal cleaning market was hurt by the lockdown in a number of nations as well as the shutdown of a number of production businesses. These shutdowns included the aerospace, automotive, and electronics industries amongst others.

Competitive Players

The report contains qualitative and quantitative research on the global Metal Cleaning Chemicals Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Some of the main players in the global Metal Cleaning Chemicals market include:

Browse the full “Metal Cleaning Chemicals Market Size, Share, Growth Analysis Report By Ingredients Type (Chelating Agent, Surfactants, Solvents, Solubilizers, pH Regulators, Others), By Cleaner Type (Aqueous, Solvent), By End-Use Industry (Automotive & Aerospace, Manufacturing, Healthcare, Others), By Metal Type (Steel, Copper, Aluminum, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/metal-cleaning-chemicals-market

Segmentation Analysis

The global metal cleaning chemicals market is segregated based on ingredients type, cleaner type, end-use industry, metal type, and region. Based on ingredients type, the market is divided into the chelating agent, surfactants, solvents, solubilizers, pH regulators, and others. Among these, the surfactant segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on cleaner type, the market is classified into aqueous and solvent. In 2021, the aqueous category dominated the global market. Based on the end-use industry, the market is classified into automotive & aerospace, manufacturing, healthcare, and others. The manufacturing segment dominated the market in 2021. Based on metal type, the market is classified into steel, copper, aluminum, and others. The steel category dominated the market in 2021.

Regional Dominance

The global metal cleaning chemicals market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In 2021, North America was expected to control the global market for metal cleaning chemicals. Eco-friendly metal cleaning chemicals are experiencing market expansion in North America due to several factors, including rising consumer awareness of environmental protection and government regulation. One of the main factors boosting the demand for metal cleaning in the area is the rapid growth of industrial production, increased trade, and an increasing number of vehicles. As a result, metal cleaning chemicals are consumed quite heavily in the area.

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Recent Industry Developments:

Key questions answered in this report:

Report Scope:

Report Attribute Details
Market Size in 2021 USD 13,194.20 Million
Projected Market Size in 2028 USD 17,480.38 Million
CAGR Growth Rate 4.80% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players BASF SE, Evonik Industries AG, Stepan Company, Eastman Chemical Company, The Chemours Company, The Dow Chemical Company, Quaker Houghton, Nouryon, 3M Company, Element Solutions, and Others
Key Segment By Ingredients Type, Cleaner Type, End-Use Industry, Metal Type, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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The global Metal Cleaning Chemicals market is segmented as follows:

By Ingredients Type

By Cleaner Type

By End-Use Industry

By Metal Type

By Region

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