PUBLISHER: IMARC | PRODUCT CODE: 1540924
PUBLISHER: IMARC | PRODUCT CODE: 1540924
The global metal finishing chemicals market size reached US$ 11.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
Metal finishing chemicals are used to change the substrate of an article and improve its appearance and durability. They find application in the industrial sector to minimize corrosion, promote paint adhesion, strengthen substrate, increase wear resistance, and reduce friction effects. It is also employed in the automotive industry to increase solderability, improve chemical resistance, and enhance surface electrical conductivity. Some of the commonly utilized metal finishing chemicals include solvents and surfactants for cleaning, acids and bases for etching, and solutions for plating finish on the substrate.
The increasing sales of automobiles worldwide represents one of the key factors bolstering the market growth. Moreover, metal finishing chemicals are utilized in the aerospace industry to improve the durability and strength of different parts, reduce manufacturing cycle times, and maximize product yield. Due to improving living standards and the flourishing e-commerce and travel and tourism industries, significant growth in commercial aviation is also influencing the market growth. Apart from this, the rising demand for consumer electronics is promoting the adoption of metal finishing chemicals in the electronics industry for manufacturing connectors, interlocks, junction fittings, computer drive mechanisms, printed circuit boards (PCBs), lead wires terminals, and chassis memory drums and discs. Furthermore, on account of properties, including hardness and torque tolerance, the application of metal finishing chemicals is anticipated to expand in the production of jewelry. They help in shaping components, enhancing the bond of adhesives and organic coatings, and cleaning, polishing, and removing surface defects.
IMARC Group provides an analysis of the key trends in each sub-segment of the global metal finishing chemicals market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, process, material and application.
Plating Chemicals
Conversion Coatings
Cleaning Chemicals
Others
Electroplating
Electroless Plating
Chemical and Electro Chemical Conversion
Others
Zinc
Nickel
Chromium
Aluminum
Copper
Precious Metals
Others
Automotive
Electrical and Electronics
Aerospace
Construction
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being A Brite Company, Advanced Chemical Company, Atotech Deutschland GmbH, Chemetall GmbH, Coral Chemical Company, Dow Inc., Element Solutions Inc, Elementis plc, Henkel AG & Co. KGaA., Houghton International Inc. (Quaker Chemical Corporation), McGean-Rohco Inc. and NOF Corporation.