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Global 5.1% CAGR of Metal Finishing Chemicals Market Size to Surpass USD 19.12 Bn By 2028: Industry Share, Trends, Forecast Report by ZMR

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News provided by

Zion Market Research

21 Mar, 2022, 11:30 GMT

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NEW YORK, March 21, 2022 /PRNewswire/ -- As per Zion Market Research study, Metal Finishing Chemicals industry gained revenue worth nearly US$ 11.25 billion in 2021 and is set to accrue returns about US$ 19.12 billion by 2028. In addition to this, Metal Finishing Chemicals market is prognosis to record CAGR of almost 5.1% in 2022-2028. Apparently, growth of metal finishing chemicals market over forecast timespan can be credited to need for resisting wear and tear of metals and thus increase their longevity. Apart from this, rise in product penetration in automotive sector such as exterior & interior components including car door handle, engine valves, etc., will crop up expansion of metal finishing chemicals industry over forecast timespan. Moreover, there is massive product demand in functional coatings & decorative coatings. Furthermore, prominent rise in use of metal finishing chemicals in electronics & electrical sector will boost market trends. Escalating utility of bio-based cleansing chemicals is predicted to produce new growth avenues for metal finishing chemicals industry.

Zion Market Research published the latest report titled as "Metal Finishing Chemicals Market- By Process (Thermal Or Plasma Spray Coating, Polishing, Plating, Electroplating, And Anodizing), By Material (Copper, Chrome, Nickel, Zinc, Silver, Gold And Platinum), And By Type (Proprietary Chemicals, Conversion Coating, Cleaning Chemicals, Plating Chemicals, And Food & Beverages): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028."  into their research database.

Metal Finishing Chemicals Market: Overview

Metal finishing chemicals are utilized for metal coating to protect metals from getting corroded and rusted or be affected from wear & tear. Myriad kinds of methods are utilized for performing metal finishing such as silk screening, plating, e-coating, anodizing, and powder coating. If metal is left without chemical treatment, it can disintegrate at rapid rate. Reportedly, metal finishing chemicals can clean, etch, and plate metallic surfaces enhancing physical appearance and characteristics.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/metal-finishing-chemicals-market

Our Free Sample Report Includes:

  • 2022 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 178 + Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Zion Market Research methodology

Industry Dynamics:

Metal Finishing Chemicals Market: Growth Dynamics

Massive product demand over analysis period can be credited to beneficial features of product such as resistance to wear & tear, corrosion, and durability. Large-scale vehicle production in countries such as India, China, Thailand, and Indonesia are anticipated to propel growth of metal finishing chemicals market. In addition to this, massive use of passenger vehicles in China and India will proliferate size of metal finishing chemicals industry. A prominent surge in utility of metal finishing chemicals in electroplating & polishing processes will expedite growth of metal finishing chemicals market.

Furthermore, metal finishing chemicals are utilized in plating of shock absorbers, gears, brake calipers, fluid delivery tubes, cylinders, heat sinks, engine valves, and front grills. This will steer growth of metal finishing chemicals market. In addition to this, metal finishing chemicals find lucrative applications in functional electronic coatings, decorative coatings, and functional coatings, thereby boost market trends.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/metal-finishing-chemicals-market

Get More Insight before Buying@ : https://www.zionmarketresearch.com/inquiry/metal-finishing-chemicals-market

List of Key Players of  Metal Finishing Chemicals Market:

  • Elementis plc
  • NOF Corporation
  • Atotech Deutschland GmbH
  • Houghton International Inc.
  • Coral Chemical Company
  • Platform Specialty Products Corporation
  • The Dow Chemical Company
  • Chemetall GmbH
  • McGean-Rohco Inc.
  • Advanced Chemical Company.

Key Industry Insights & Finding of the Metal Finishing Chemicals Market Reports:

  • As per the analysis shared by our research analyst, the Metal Finishing Chemicals Market is expected to grow annually at a CAGR of around 4.8% (2022-2028).
  • Through the primary research, it was established that the Metal Finishing Chemicals Market was valued approximately USD 11.25 billion in 2021 and is projected to reach to roughly USD 19.12 billion by 2028.
  • Vehicle plating & electrical as well as electronics plating.

Key questions answered in this report:

  • What are the growth rate forecast and market size for Metal Finishing Chemicals Market?
  • What are the key driving factors propelling the Metal Finishing Chemicals Market forward?
  • What are the most important companies in the Metal Finishing Chemicals Market Industry?
  • What segments does the Metal Finishing Chemicals Market cover?
  • How can I receive a free copy of the Metal Finishing Chemicals Market sample report and company profiles?

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 11.25 Billion

Revenue forecast in 2028

USD 19.12 Billion

Growth Rate

CAGR of almost 26.1% 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Elementis plc, NOF Corporation, Atotech Deutschland GmbH, Houghton International, Inc., Coral Chemical Company, Platform Specialty Products Corporation, The Dow Chemical Company, Chemetall GmbH, McGean-Rohco, Inc., and Advanced Chemical Company.

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.  

https://www.zionmarketresearch.com/custom/6755

Free Brochure: https://www.zionmarketresearch.com/requestbrochure/metal-finishing-chemicals-market

Regional Dominance:

Asia Pacific Metal Finishing Chemicals Market To Record Fastest CAGR Over 2022-2028

Expansion of metal finishing chemicals industry in Asia Pacific over prognosis period is due to thriving automotive industry in countries such as Malaysia, Thailand, Indonesia, China, South Korea, and India. In addition to this, rapid expansion of electronics & electrical industries in Taiwan, South Korea, India, and Japan will increase size of metal finishing chemicals market.

Global Metal Finishing Chemicals Market is segmented as follows:

 Metal Finishing Chemicals Market: By Process Outlook (2022-2028)

  • Thermal or Plasma Spray Coating
  • Anodizing
  • Polishing
  • Plating
  • Electroplating

 Metal Finishing Chemicals Market: By Material Outlook (2022-2028)

  • Copper
  • Chrome
  • Nickel
  • Platinum
  • Zinc
  • Silver
  • Gold

Metal Finishing Chemicals Market: By Type Outlook (2022-2028)

  • Proprietary Chemicals
  • Conversion Coating
  • Cleaning Chemicals
  • Plating Chemicals

Metal Finishing Chemicals Market: By Region Outlook (2022-2028)

North America

  • The U.S.
  • Canada

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Press Release for Metal Finishing Chemicals Market: https://www.zionmarketresearch.com/news/metal-finishing-chemicals-market

Browse Other Related Research Reports from Zion Market Research

  • White Cement Market: The global White Cement Market accrued earnings worth approximately 3.7 (USD Billion) in 2021 and is predicted to gain revenue of about 7.2 (USD Billion) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2022 to 2028.
  • Nepheline Market: The global nepheline market was valued at $176 million in 2021 and is anticipated to surpass $198 million by the end of 2028. The market is projected to grow with a considerable CAGR of 2.3 % during the forecast period.
  • Plastic Conduit Market: The global plastic conduit market was valued at $18.75 billion in 2021 and is anticipated to reach 27.79 billion by the end of 2028. The market is projected to grow with a healthy CAGR of 5.7% during the forecast period.

Browse through Zion Market Research's coverage of the Global Chemical & Materials Industry

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About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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