Demand Metal Finishing Chemicals Is Anticipated To Surpass USD 16.4 Billion By 2032

The increasing size of the vehicle fleet and the increased need for robust and wear-resistant goods are the primary driving forces in the metal finishing chemicals market. The increasing adoption of bio-based finishing chemicals is expected to generate profitable growth possibilities for metal finishing chemicals makers in the years 2022-2032.

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The global metal finishing chemicals market is expected to reach USD 11.7 billion in 2022 and USD 16.4 billion by 2032, increasing at a CAGR of 3.4% between 2022 and 2032.

Metal substitution by plastics is posing new difficulties to industry expansion. However, recent breakthroughs in the field have resulted in promising growth prospects in the metal finishing chemicals market. These improvements are expected to increase sales in the metal finishing chemicals market by 1.7X between 2022 and 2032.

The areas’ demand is being driven by the expanding automobile industry, the expanding industrial machinery end-use sector, and the expanding electrical and electronics industry. Furthermore, the ample supply of raw materials and manpower, as well as the presence of innovative manufacturing hubs, will facilitate expansion in the region in the coming years.

Key Companies Profiled

  • A Brite Company
  • PciChemicals.Com
  • KCH Services Inc.
  • Advanced Chemical Company
  • DuPont
  • Atotech
  • BASF SE
  • Coral
  • Elements Plc
  • McGean-Rohco Inc.
  • Wuhan Jadechem International
  • Trade Co. Ltd.
  • Other Market Players

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Electronic components and parts are coated and electroplated to improve corrosion resistance, increase electrical conductivity, and increase the component’s solderability against wear. These compounds are utilised in a variety of applications in the electrical and electronics industries, such as capacitators, resistors, PCBs, and semiconductors, and include the use of rhodium, copper, nickel, silver, and platinum as materials for completing electronics components. This is expected to boost market growth by one-sixth of present levels in the future years.

Global Metal Finishing Chemicals Market by Category

  • By Product Type
    • Plating Chemicals
    • Cleaning Chemicals
    • Conversion Coating Chemicals
    • Others
  • By Process
    • Pre-treatment
    • Electroplating
    • Electro-less Plating
    • De-greasing
    • Polishing
    • Etching
    • Cleaning
    • Chemical Conversion
    • Others
  • By Material
    • Aluminium
    • Chromium
    • Nickel
    • Zinc
    • Gold
    • Silver
    • Copper
    • Others
  • By End-Use Industry
    • Electrical & Electronics
    • Automotive & Transportation
    • Industrial Machinery
    • Building & Construction
    • Aerospace
    • Jewellery
    • Others
  • By Region,
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Research Methodologies:

To create a holistic picture of your Market, our experts combine data from proprietary databases, syndicated reports, primary research, and secondary data, including business reports, press announcements, published peer-reviewed journal publications, disease registries, and general news media. We use a number of sources to determine market and opportunity size, making sure that each data point and conclusion is validated several times.

Key Coverage and Benefits:

  • The report will help in developing business strategies by understanding the trends shaping and driving the global Metal Finishing Chemicals Market.
  • Organize sales and marketing efforts by identifying the best opportunities for Metal Finishing Chemicals in the US, Europe, and Japan.
  • To understand the future market competition and insightful review of the key market drivers and barriers.
  • To understand the regulatory scenario in major markets.

The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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