Metal Finishing Chemicals Market to reach a market size of $13.6 billion by 2025-KBV Research
The Global Metal Finishing Chemicals Market size is expected to reach $13.6 billion by 2025, rising at a market growth of 5.13% CAGR during the forecast period.
10001(firmenpresse) - According to a new report Global Metal Finishing Chemicals Market, published by KBV Research, The Global Metal Finishing Chemicals Market size is expected to reach $13.6 billion by 2025, rising at a market growth of 5.13% CAGR during the forecast period.
Due to the presence of a large number of growing manufacturing and automotive industries, North America led the market in 2018. Nonetheless, due to increasing automotive manufacturing in countries like India, China, Indonesia, and Thailand, Asia Pacific is projected to experience the CAGR of 6.53% in the forecast period. Europe has been estimated to rise as the second-largest regional segment over the forecast period. As a result of increasing automotive production, manufacturing, and demand from developed nations such as Spain, France, and Italy, it is likely to see steady growth during with a CAGR of 4.76% in the next few years.
Electroplating emerged as the largest process segment in 2017 and accounted for a substantial market share. This process is primarily used in plating and electrical and electronic plating for automotive applications. The Electroless Plating market would witness a CAGR of 4.7% during (2019 - 2025).
Plating chemicals dominated the product segment in 2018. These chemicals are known to offer superior surface properties like wear resistance, resistance to corrosion, hardness, and metal surface electrical conductivity. The Conversion Coatings market is anticipated to witness a CAGR of 4.7% during (2019 - 2025).
The Automotive market dominated the Global Metal Finishing Chemicals Market by Application in 2018, growing at a CAGR of 4.8% during the forecast period. The Electrical & Electronics market is expected to witness a CAGR of 4.7% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/metal-finishing-chemicals-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of BASF SE (Chemetall Group),Advanced Chemical Company, Elementis PLC, The Dow Chemical Company, Coral Chemical Company, McGean-Rohco, Inc., Element Solutions, Inc, Quaker Houghton Corporation, Asterion LLC, and A Brite Company.
Global Metal Finishing Chemicals Market Segmentation
By Product
•Plating Chemicals
•Cleaning Chemicals
•Conversion Coatings
•Other Products
By Application
•Automotive
•Electrical & Electronics
•Aerospace
•Construction
•Other Applications
By Process
•Electroplating
•Chemical & Electro-chemical Conversion
•Electroless Plating
•Other Process
By Geography
North America
•US
•Canada
•Mexico
•Rest of North America
Europe
•Germany
•UK
•France
•Russia
•Spain
•Italy
•Rest of Europe
Asia Pacific
•China
•Japan
•India
•South Korea
•Singapore
•Malaysia
•Rest of Asia Pacific
LAMEA
•Brazil
•Argentina
•UAE
•Saudi Arabia
•South Africa
•Nigeria
•Rest of LAMEA
Companies Profiled
•BASF SE (Chemetall Group)
•Advanced Chemical Company
•Elementis PLC
•The Dow Chemical Company
•Coral Chemical Company
•McGean-Rohco, Inc.
•Element Solutions, Inc.
•Quaker Houghton Corporation
•Asterion LLC
•A Brite Company
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Unternehmensinformation / Kurzprofil:
Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.
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Datum: 28.02.2020 - 06:31 Uhr
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News-ID 608102
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Contact person: Aryan Rai
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Phone: 6466616066
Kategorie:
Specialty Chemicals
Typ of Press Release: Product
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Date of sending: 28/02/2020
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