Global Metal Cleaning Chemical Industry was valued at USD 9.6 Billion in the year 2018. Global Metal Cleaning Chemical Industry is further estimated to grow at a CAGR of 5.4% from 2019 to reach USD 13.78 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2018 and also considered as fastest growing Industry in the forecasted period. At a country level, developed markets like China holds the notable Industry share in 2018 and it is projected to grow at a gradual rate in the coming years.
Segmentation done on the basis of Alloys Type includes Aqueous Metal Cleaning Chemicals and Solvents Metal Cleaning Chemicals of which the Aqueous Metal Cleaning Chemicals segment is expected to hold the highest Industry share during the forecast period. On the other hand, segmentation done on the basis of By Metal include Steel, Aluminum, and Copper Alloys, of which Aluminium segment is expected to grow at the XX% CAGR during the forecast period.
Major market players in Metal Cleaning Chemical Industry are The DOW Chemical Company, Houghton International Inc., Stepan Company, Eastman Chemical Company, Quaker Chemical Corporation, The Chemours Company, Rochester Midland Corporation, Air Products and Chemicals Inc., Emerson Electric, Oxiteno, and 9 more companies’ detailed information is provided in the report.
SWOT analysis of Metal Cleaning Chemical Industry
Growing concern toward Industrial Cleaning
Advancement in Bio-Based products
The threat from substitute product
Metal Cleaning Chemical Industry Segmentation:
Metal Cleaning Chemical Industry Overview, By Type
• Aqueous Metal Cleaning Chemicals
• Solvents Metal Cleaning Chemicals
Metal Cleaning Chemical Industry Overview, By Metal
• Copper Alloys
• Other Metals
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