The global metal cleaning chemicals market is projected to surpass US$ 18.9 billion by 2022, with an anticipated CAGR of 3.5% over the forecast period (2022-2032).

The expanding global manufacturing sector has increased the need for maintenance of heavy equipment and machinery, driving the demand for metal cleaning chemicals to ensure operational efficiency.

However, traditional metal cleaning agents pose environmental risks, prompting manufacturers to develop bio-based or green alternatives in response to rising environmental concerns. This shift towards eco-friendly products is expected to create lucrative opportunities within the market.

Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5370

The growing focus on reducing industrial waste while ensuring worker safety has led to a rise in the adoption of aqueous-based cleaning agents. These environmentally friendly alternatives are anticipated to drive market growth during the assessment period.

Additionally, stringent government regulations promoting the use of eco-friendly metal cleaning chemicals are expected to further boost sales of bio-based products, accelerating market expansion.

Moreover, the increasing demand for vehicle surface cleaning to prevent corrosion and extend service life is likely to fuel the need for metal cleaning solutions. Consequently, the use of chemical agents to remove fouling caused by denatured proteins, oxides, and other contaminants is expected to significantly drive market demand.

Key Takeaways:

North America is projected to hold a maximum share of 25.8% in the metal cleaning chemicals market.
East Asia metal cleaning chemicals market is projected to record growth at a CAGR of 4.1% during the forecast period.
Sales of metal cleaning chemicals in South Asia & Oceania are expected to contribute over 20.1% of demand share in the global market
Based on product type, the aqueous segment is expected to dominate the market, accounting for 71.4% of revenue in the global market.
In terms of composition, the acid segment is estimated to lead the market, exhibiting growth at a CAGR of 3.9% during the forecast period.
Growth Drivers:

The increasing demand for acid-based metal cleaning chemicals for surface cleaning of equipment, driven by the presence of lubricating oils, hard water, and other contaminants, is expected to propel market growth.
Heightened focus on industrial cleaning and maintenance, alongside worker safety concerns, is anticipated to drive the demand for metal cleaning chemicals.
Restraints:

Government regulations limiting the use of metal cleaning solutions containing volatile organic compounds (VOCs) could restrain market growth.
Get Customization on this Report for Specific Research Solutions – https://www.factmr.com/connectus/sample?flag=RC&rep_id=5370

Competitive Landscape:

The global metal cleaning chemicals market is highly fragmented and competitive, with numerous domestic and regional players. Key players are employing various strategies, including mergers and acquisitions, expansions, collaborations, and partnerships, to strengthen their market positions.

Leading companies are also focusing on new product development to enhance their market presence. These strategies have led to innovations in metal cleaning chemicals.

For example:

In 2021, One Rock Capital Partners LLC acquired Eastman Chemical Company's tire business, aiming to provide operational and strategic resources to transition the business from a corporate subsidiary to an independent, robust firm.
In 2019, Brenntag acquired Crest Chemicals, enabling Brenntag to expand its business, realize cost synergies, and seize growth opportunities with complementary product lines.
Key Companies Profiled in This Report

Eastman Chemical Company
KYZEN Corporation
Crest Chemicals
Quaker Chemical Corporation
ZET-Chemie
SurTec
Chautauqua Chemical Company
Lincoln Chemical Corporation
DST-Chemicals A/S
Enviro Serve Chemicals, Inc.
ZAVENIR DAUBERT
NuGenTec
Other Market Players
Read More: https://www.factmr.com/report/5370/metal-cleaning-chemicals-market

Global Metal Cleaning Chemicals Market Segmentation:

By Product Type:
Aqueous Metal Cleaning Chemicals
Solvent Metal Cleaning Chemicals
By Composition:
Acid Metal Cleaning Chemicals
Alkali Metal Cleaning Chemicals
By Metal Type:
Steel
Iron
Copper
Metal Alloys
Others
By End-User:
Building & Construction
Automotive & Transportation
Industrial
Healthcare
Aerospace
By Region:
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: [email protected]