PUBLISHER: Lucintel | PRODUCT CODE: 1523261
PUBLISHER: Lucintel | PRODUCT CODE: 1523261
Pickling Chemical Trends and Forecast
The future of the global pickling chemical market looks promising with opportunities in the steel and metallurgy, steel and metal recycling, industrial chemical, food & beverage, water or waste water treatment equipment, and electroplating markets. The global pickling chemical market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are growing consumer preference for processed foods & drinks, increasing preference for eco-friendly pickling chemicals, and expanding demand for this substrate from various industries, such as automotive, construction, and metal processing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pickling Chemical by Segment
The study includes a forecast for the global pickling chemical by type, application, and region.
List of Pickling Chemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pickling chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pickling chemical companies profiled in this report include-
Pickling Chemical Market Insights
Lucintel forecasts that aqueous solution will remain larger segment over the forecast period due to it's broad application in the production of steel, automobiles, building, and metal.
Within this market, industrial chemical will remain the largest segment over the forecast period.
APAC is expected to witness the highest growth over the forecast period.
Features of the Global Pickling Chemical Market
Market Size Estimates: Pickling chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pickling chemical market size by type, application, and region in terms of value ($B).
Regional Analysis: Pickling chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the pickling chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pickling chemical market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the pickling chemical market size?
Answer: The global pickling chemical market is expected to reach an estimated $1.2 billion by 2030.
Q2. What is the growth forecast for pickling chemical market?
Answer: The global pickling chemical market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pickling chemical market?
Answer: The major drivers for this market are growing consumer preference for processed foods & drinks, increasing preference for eco-friendly pickling chemicals, and expanding demand for this substrate from various industries, such as automotive, construction, and metal processing.
Q4. What are the major segments for pickling chemical market?
Answer: The future of the pickling chemical market looks promising with opportunities in the steel and metallurgy, steel and metal recycling, industrial chemical, food & beverage, water or waste water treatment equipment, and electroplating markets.
Q5. Who are the key pickling chemical market companies?
Answer: Some of the key pickling chemical companies are as follows:
Q6. Which pickling chemical market segment will be the largest in future?
Answer: Lucintel forecasts that aqueous solution will remain larger segment over the forecast period due to it's broad application in the production of steel, automobiles, building, and metal.
Q7. In pickling chemical market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.