About Industrial Metal Cleaner
Metal cleaners are used to remove or clean oil, dirt, grease, stains, corrosion, rust and among others from metal to increase the productivity and life span of the metal. These cleaning chemicals shield metals from corrosion by lubricating oil, deposition of corroding substrates, as well as hard water. They eliminate organic material including algae, microbes, denatured protein residues, hydrocarbons as well as animal fats. They also help in removal of inorganic material including hydroxides, carbonates, oxides, silicates, sulphides, sulphates, and phosphates. The metal cleaner market has been expecting high growth in coming years due to increasing the demand form large scale manufacturing sectors which include automotive sector, oil & gas sector, and others. Additionally, rising investment and research & development activities for metal cleaners is expected to create a big opportunities for the metal cleaner market. However, rising use of metal cleaners for heavy machineries and equipment is boosting the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
Merger and acquisition strategies are being utilized by the key players so as to accommodate large market share Analyst at AMA Research estimates that The United States Vendors will contribute the maximum growth to Global Industrial Metal Cleaner market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Air Products and Chemicals, Inc. (United States), Stepan Company (United States), Houghton International Inc., The Dow Chemical Co. (United States), Eastman Chemical Company (United States), Oxiteno (United States), Quaker Chemical Corporation (United States), Rochestor Midland Corporation (United States), The Chemours Company (United States), Emerson Electric (United States), 3M (United States), BASF SE (Germany) and Henkel (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Spartan Chemical Company, Inc.(U.S.), ICL Performance Materials (United States) and Lubrizol (United States).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Metal Cleaner market by Type (Organic Solvent (Hydrocarbon Solvents, Oxygenated Solvents, Halogenated Solvents, Other Solvents) and Aqueous Cleaner (Builders, Surfactants, Sequestrants and Inhibitors, Emulsion Cleaners)), Application (Automobile, Electronics, Consumer Goods, Machine Manufacturing and Others) and Region.
On the basis of Type, Aqueous Cleaner are dominating the market in the year 2023On the basis of geography, the market of Industrial Metal Cleaner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Metal Type, the sub-segment i.e. Aluminum will boost the Industrial Metal Cleaner market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Equipment Type , the sub-segment i.e. Pickling/Immersion Cleaning Equipment will boost the Industrial Metal Cleaner market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
For better functioning, industries such as manufacturing and transportation use heavy machinery and equipment & thus they need regular maintenance so that they could withstand their performance efficiency. So, growing aerospace, manufacturing and automotive industries are likely to boost the demand for metal cleaners over near future
Market Growth Drivers:
Growing Metal Consumption & increasing Demand From End-Use Industries and Growing Concern about Industrial Cleaning and Maintenance
Challenges:
Waste management and the harmful effects of cleaning chemicals.
Restraints:
Strict rules and regulations From the Environmental and Government Authorities
Opportunities:
Introduction of Bio-Based and Green Metal Cleaning Chemical Products
Market Leaders and their expansionary development strategies
In February 2020, Jason Industries announced that it has acquired the Matchless Metal Polish Company in an all-cash transaction valued at USD 5 million.
In September 2023, DbyD, has launched its first conscientious collection, Re.Metal, made with 60% recycled metal sourced from electronic products and industrial scraps.
Strict regulations for an environment in developed countries such as The United States by United States Environmental Protection Agency about the use of toxic chemicals is expected to affect the market growth. Many Metal cleaning market players are trying to develop environment-friendly as well as bio-based chemicals to sustain the competition.
Key Target Audience
Product Manufacturers, Raw Material Suppliers, Automotive Companies, Industry Associations, Electronics Companies and Government, and Research Organizations & Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.