Global Metal Cleaning Chemicals Market 2017-2021
About Metal Cleaning Chemicals
Metal cleaning chemicals are known washing or degreasing agents of metal parts. These chemicals eliminate external matter from solid substrates, without leaving scratches or dents on the surface. Metal parts and equipment must be degreased and cleaned to prevent damage and improve operational efficiency. Metal cleaning chemicals primarily contain emulsifiers, surfactants, solvents, diluents, hydrotropes, and anionic agents. Soy methyl esters, isoparaffin, mineral spirit, and dibasic esters are some of the metal cleaning chemicals.
Technavio’s analysts forecast the global metal cleaning chemicals market to grow at a CAGR of 4.92% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global metal cleaning chemicals market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Metal Cleaning Chemicals Market 2017-2021
Technavio recognizes the following companies as the key players in the global metal cleaning chemicals market: Air Products and Chemicals, Eastman, The Dow Chemical Company, The Chemours Company, and Stepan Company.
Other Prominent Vendors in the market are: Hubbard-Hall, Houghton International, ICL Performance Products, Modern Chemical, PCC Chemax, and Quaker Chemical Corporation.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of bio-based metal cleaning chemical products. Manufacturers focus on producing high-quality, bio-based, environment-friendly cleaning products (degreasers, oil cleaners, and others). They use natural and organic ingredients such as orange peel, soybeans, and others based on their patented formulations.”
According to the report, one driver in the market is increase in metal consumption and rising demand by end-user industries. The consumption of metal has witnessed a steady increase, which has led to the growth of the global cleaning chemicals market. Aluminum, steel, zinc, and copper cleaning chemicals are widely used in the automotive, aerospace, and building and construction industries. The global metal cleaning chemicals market is influenced by metal consumption patterns in industries such as consumer appliances, automotive, telecommunications, aerospace, and electrical and electronics.
Further, the report states that one challenge in the market is environmental and government regulations. 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.
Air Products and Chemicals, Eastman, The Dow Chemical Company, The Chemours Company, Stepan Company, Hubbard-Hall, Houghton International, ICL Performance Products, Modern Chemical, PCC Chemax, and Quaker Chemical Corporation.
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