Metal Cleaning Chemical Market - Forecast(2024 - 2030)

Report Code: CMR 32759 Report Format: PDF + Excel

Metal Cleaning Chemical Market Overview

Metal Cleaning Chemical Market size is forecast to reach $22.27 billion by 2025, after growing at a CAGR of 5.8% during 2020-2025. Metal cleaning chemicals are used to wash off extraneous organic and inorganic materials from the surface of metals. A wide variety of chemicals are used in the cleaning process depending on the nature of metals. 

Report Coverage

The report: “Metal Cleaning Chemical Market- Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Metal Cleaning Chemical Industry. 

By Type: Solvent (Halogenated, Oxygenated, Hydrogenated, Others) Aqueous (Surfactants, Builders, Emulsion Cleaners, Others)
By Application: Steel, Aluminum, Cooper Alloys, Brass, Others 
By End use: Manufacturing, Transportation, Heavy Equipment, Mining, Industrial, Automotive, Aerospace, Others
By Geography: North America, South America, Asia-Paciffic, Europe, ROW

Key Takeaways

  • Asia-Pacific dominates the Metal Cleaning Chemical market owning to increasing demand from the applications in manufacturing, transportation and heavy equipment machinery industries.
  • The advanced chemicals such as bio-based and eco- friendly sustainable metal cleaning chemical are being developed which is going to open new opportunities in the metal cleaning chemicals market.
  • Laundry care products mainly contain surfactants and solvents. These products are specially formulated for both industrial and institutional uses.
  • The factor that is hampering the market growth is the stringent regulations against the use of toxic chemicals.

By Types - Segment Analysis

The aqueous-based metal cleaning chemical segment held the largest share in the Metal Cleaning Chemical Market in 2019. The increasing hospital construction and high awareness among the population, regarding the importance of hygienic environment, are some of the factors driving the growth of the industrial and institutional cleaning chemicals market globally. However, the North American and Japanese markets are saturating due to the government regulations on the use of various chemicals.

Application - Segment Analysis

Steel Industry is the primary market for Metal Cleaning Chemical. In the steel industry, cleaning metallic surfaces is a common predicament. So, to solve this issue Industrial metal cleaners are used. According to the World Steel Association, Asia produced 1,278.0 Mt of crude steel in 2018, an increase of 5.6% compared to 2017. China’s crude steel production in 2018 reached 928.3 Mt, up by 6.6% on 2017. One of the greatest advantage of using metal cleaning chemical is that the metal equipment to be cleaned doesn't need to be dismantled and reassembled, and the cleaning doesn't damage the equipment, leaving areas that are more vulnerable to corrosion than before. The bio based and eco-friendly sustainable metal cleaning chemicals are being developed, which will open new opportunities in the metal cleaning chemicals market. Aluminum is the second biggest market for metal cleaning chemicals. According to World Economic Forum the growth rate of aluminum industry is expected to be increased by 15% in next five years, which will boost the metal cleaning chemical market.

By End User - Segment Analysis

Manufacturing sector has been the primary market for Metal Cleaning Chemicals in 2019 growing at CAGR of 7.6%. The increasing growth in manufacturing industries especially in India, China, Japan and Indonesia is another key aspect to the growth of global metal cleaning chemicals market. According to the data release by Chinese ministry of commerce, the rate of growth in manufacturing industries will be doubled in next two years. Whereas, the Indian Ministry of Commerce and industries released a similar data which depicts the four percent in next two years in India, which will directly benefits the Metal Cleaning Chemical Market. The transportation industry also depends upon metal cleaning chemical for its basic regular maintenance in order to sustain the efficiency of performance. 

Geography - Segment Analysis

Asia-Pacific (APAC) dominated the Metal Cleaning Chemicals market with a share of 43% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in manufacturing and transportation industries. China was the leading regional market, accounting for 45% of total Asia-Pacific market. India is the second major market after china. 

Metal Cleaning Chemicals market Drivers

Huge demand of the Metal Cleaning Chemicals from the manufacturing and transportation industries

The increase in global manufacturing industries is a major factor which influence the growth of Metal cleaning Chemicals Market across the globe. The growing market for green metal cleaners is expected to further propel the market of metal cleaning chemicals. In the transportation industry heavy equipment and machinery always require maintenance so that the performance is not hampered. Thus, all the verticals where wide usage of huge machinery is required utilize the metal cleaning chemicals.
According to the United Nations Industrial Development Organization the Manufacturing Value Added (MVA) growth rate for industrialized countries increased by 2.3% in 2018. Additionally, the MVA growth rate for emerging economies was 3.8% in 2018.The manufacturing industry in these region are increasing. Thus it will augment the consumption and growth of Metal Cleaning Chemical market.

Consumption in Aerospace Industry

Metal Cleaning chemicals are used in airplane to protect its parts from rust. It is also used in various rockets, helicopters and drones for its maintenance so that the performance is not hampered. Thus, Metal cleaning chemical has wide usage in Aerospace Industry.

Metal Cleaning Chemical Market Challenges

Environment and government regulation

It is mandatory for the manufacturers of metal cleaning chemicals to adhere to the environmental and government regulations. According to the directives and guidelines formulated by the regulatory bodies in the EU and the US, hazardous waste and wastewater must be disposed of carefully. According to the Occupational Safety and Health Administration (OSHA), US, the metal cleaning products should be non-flammable, and manufacturers must ensure safety in handling and transportation of such chemicals.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Metal Cleaning Chemical market. In 2019, the market of Metal Cleaning Chemical has been consolidated by the top five players accounting for xx% of the share. Major players in Metal Cleaning Chemical Market are Air Products and Chemicals, Eastman, The Dow Chemical Company, Stepan Company among others.

Acquisitions/Technology Launches/ Product Launches

  • In December 2019, Madison Chemical launched MADISON GREEN, a mildly alkaline, environmentally friendly, biodegradable general-purpose cleaner that is highly effective on greasy and waxy soils, such as; floors, work benches, and other equipment.
1. Metal Cleaning Chemical Market- Market Overview
    1.1 Definitions and Scope 
2. Metal Cleaning Chemical Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type 
    2.3 Key trends by Application
    2.4 Key trends by End User
    2.5 Key trends by Geography
3. Metal Cleaning Chemical Market – Landscape 
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Metal Cleaning Chemical Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Metal Cleaning Chemical Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis – Top 10 companies Investment
6. Metal Cleaning Chemical Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Metal Cleaning Chemical Market – By Type (Market Size -$Billion, KT)
    7.1 Solvent
        7.1.1 Halogenated
        7.1.2 Oxygenated
        7.1.3 Hydrogenated
        7.1.4 Others
    7.2 Aqueous
        7.2.1 Surfactants
        7.2.2 Builders
        7.2.3 Emulsion Cleaners
        7.2.4 Others
8. Metal Cleaning Chemical Market – By Application (Market Size -$Billion, KT)
    8.1 Steel
    8.2 Aluminum
    8.3 Copper Alloys
    8.4 Brass
    8.5 Others
9. Metal Cleaning Chemical Market – By End Use (Market Size -$Billion, KT)
    9.1 Manufacturing
    9.2 Transportation
    9.3 Heavy Equipment
    9.4 Mining
    9.5 Industrial
    9.6 Automotive
    9.7 Aerospace
    9.8 Others
10. Metal Cleaning Chemical Market - By Geography (Market Size -$Billion, KT)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 UK
        10.3.2 Germany
        10.3.3 France
        10.3.4 Italy
        10.3.5 Netherland
        10.3.6 Spain
        10.3.7 Russia
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia-Pacific
        10.4.1 China
        10.4.2 Japan
        10.4.3 India
        10.4.4 South Korea
        10.4.5 Australia and New Zeeland
        10.4.6 Rest of APAC
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 U.A.E
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Metal Cleaning Chemical Market - Entropy
12. Metal Cleaning Chemical Market Company Analysis
    12.1 Market Share, Company Revenue, Products, M&A, Developments
    12.2 Company 1
    12.3 Company 2 
    12.4 Company 3
    12.5 Company 4
    12.6 Company 5
    12.7 Company 6
    12.8 Company 7
    12.9 Company 8
    12.10 Company 9
    12.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
1.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Global Industry Research
1.1.1 Builders Market 2023-2030 ($M)
1.1.2 Surfactants Market 2023-2030 ($M)
1.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
1.1.4 Emulsion Cleaners Market 2023-2030 ($M)
1.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Global Industry Research
1.2.1 Oxygenated Solvents Market 2023-2030 ($M)
1.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
1.2.3 Halogenated Solvents Market 2023-2030 ($M)
2.Global Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
2.1 Steel Market 2023-2030 ($M) - Global Industry Research
2.2 Aluminum Market 2023-2030 ($M) - Global Industry Research
2.3 Copper Alloys Market 2023-2030 ($M) - Global Industry Research
3.Global Metal Cleaning Chemicals Market By Type Market 2023-2030 (Volume/Units)
3.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Builders Market 2023-2030 (Volume/Units)
3.1.2 Surfactants Market 2023-2030 (Volume/Units)
3.1.3 Sequestrants & Inhibitors Market 2023-2030 (Volume/Units)
3.1.4 Emulsion Cleaners Market 2023-2030 (Volume/Units)
3.2 Solvents Metal Cleaning Chemicals Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Oxygenated Solvents Market 2023-2030 (Volume/Units)
3.2.2 Hydrocarbon Solvents Market 2023-2030 (Volume/Units)
3.2.3 Halogenated Solvents Market 2023-2030 (Volume/Units)
4.Global Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 (Volume/Units)
4.1 Steel Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Aluminum Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Copper Alloys Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
5.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Builders Market 2023-2030 ($M)
5.1.2 Surfactants Market 2023-2030 ($M)
5.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
5.1.4 Emulsion Cleaners Market 2023-2030 ($M)
5.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Oxygenated Solvents Market 2023-2030 ($M)
5.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
5.2.3 Halogenated Solvents Market 2023-2030 ($M)
6.North America Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
6.1 Steel Market 2023-2030 ($M) - Regional Industry Research
6.2 Aluminum Market 2023-2030 ($M) - Regional Industry Research
6.3 Copper Alloys Market 2023-2030 ($M) - Regional Industry Research
7.South America Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
7.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Builders Market 2023-2030 ($M)
7.1.2 Surfactants Market 2023-2030 ($M)
7.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
7.1.4 Emulsion Cleaners Market 2023-2030 ($M)
7.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Oxygenated Solvents Market 2023-2030 ($M)
7.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
7.2.3 Halogenated Solvents Market 2023-2030 ($M)
8.South America Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
8.1 Steel Market 2023-2030 ($M) - Regional Industry Research
8.2 Aluminum Market 2023-2030 ($M) - Regional Industry Research
8.3 Copper Alloys Market 2023-2030 ($M) - Regional Industry Research
9.Europe Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
9.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Builders Market 2023-2030 ($M)
9.1.2 Surfactants Market 2023-2030 ($M)
9.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
9.1.4 Emulsion Cleaners Market 2023-2030 ($M)
9.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Oxygenated Solvents Market 2023-2030 ($M)
9.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
9.2.3 Halogenated Solvents Market 2023-2030 ($M)
10.Europe Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
10.1 Steel Market 2023-2030 ($M) - Regional Industry Research
10.2 Aluminum Market 2023-2030 ($M) - Regional Industry Research
10.3 Copper Alloys Market 2023-2030 ($M) - Regional Industry Research
11.APAC Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
11.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Builders Market 2023-2030 ($M)
11.1.2 Surfactants Market 2023-2030 ($M)
11.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
11.1.4 Emulsion Cleaners Market 2023-2030 ($M)
11.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Oxygenated Solvents Market 2023-2030 ($M)
11.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
11.2.3 Halogenated Solvents Market 2023-2030 ($M)
12.APAC Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
12.1 Steel Market 2023-2030 ($M) - Regional Industry Research
12.2 Aluminum Market 2023-2030 ($M) - Regional Industry Research
12.3 Copper Alloys Market 2023-2030 ($M) - Regional Industry Research
13.MENA Metal Cleaning Chemicals Market By Type Market 2023-2030 ($M)
13.1 Aqueous Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Builders Market 2023-2030 ($M)
13.1.2 Surfactants Market 2023-2030 ($M)
13.1.3 Sequestrants & Inhibitors Market 2023-2030 ($M)
13.1.4 Emulsion Cleaners Market 2023-2030 ($M)
13.2 Solvents Metal Cleaning Chemicals Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Oxygenated Solvents Market 2023-2030 ($M)
13.2.2 Hydrocarbon Solvents Market 2023-2030 ($M)
13.2.3 Halogenated Solvents Market 2023-2030 ($M)
14.MENA Metal Cleaning Chemicals Market By Metal Type Market 2023-2030 ($M)
14.1 Steel Market 2023-2030 ($M) - Regional Industry Research
14.2 Aluminum Market 2023-2030 ($M) - Regional Industry Research
14.3 Copper Alloys Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
2.Canada Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
3.Mexico Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
4.Brazil Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
5.Argentina Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
6.Peru Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
7.Colombia Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
8.Chile Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
9.Rest of South America Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
10.UK Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
11.Germany Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
12.France Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
13.Italy Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
14.Spain Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
15.Rest of Europe Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
16.China Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
17.India Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
18.Japan Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
19.South Korea Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
20.South Africa Metal Cleaning Chemicals Market Revenue, 2023-2030 ($M)
21.North America Metal Cleaning Chemicals By Application
22.South America Metal Cleaning Chemicals By Application
23.Europe Metal Cleaning Chemicals By Application
24.APAC Metal Cleaning Chemicals By Application
25.MENA Metal Cleaning Chemicals By Application
26.Stepan Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.The DOW Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Houghton International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Rochestor Midland Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Eastman Chemical Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Emerson Electric, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Oxiteno, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Quaker Chemical Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.The Chemours Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)