Metal Finishing Chemicals Market Is Expected To Accomplish A Valuation Of Around USD 13.52 Billion By 2025 : Grand View Research Inc.

Metal Finishing Chemicals Market

As per the report by Grand View Research, Inc., the metal finishing chemicals market is poised to rise to a valuation of USD 13.52 billion and is anticipated to grow at a CAGR of 4.5% by the end of 2025. The growing automotive sector in emerging countries, such as India, China, Mexico, Indonesia, and Thailand are estimated to drive the metal finishing chemicals demand in the forecast period.

Metal finishing chemicals industry is mainly driven by increasing demand from automotive industry and electronics and electrical industry. In addition, these chemicals are mainly used in the finishing of printed circuit boards with other electronic devices.

On the other hand, workplace and environmental regulations associated with these metal finishing chemicals, also considered as one of the most toxic industry, is likely to hamper the growth of the metal finishing chemicals in the forecast period.

Metal finishing chemicals improve surface properties and help expand the life of metal products. Electonics manufacturers focus on these properties in order to offer varied range of products. For example, SilcoTek offers Dursan, a corrosion resistant and durable metal coating that offers wear resistance, durability, and high efficiency. This protective coating removes the heat oxidizing effect on stainless steel and recover its wear resistance and surface hardness.

Access Press Release of Metal Finishing Chemicals Market https://www.grandviewresearch.com/press-release/global-metal-finishing-chemicals-market

In 2016, U.S. light vehicle sales reached almost 17.5 million units and its production reached nearly 12 million passenger vehicles, according to International Trade Association. Metal finishing chemicals play a significant role in automotive segment and such rise in production thereby leads to rise in demand for the market.

North America will continue to account for a large share in the global arena throughout the forecast period. The factors that are attributed to the growth include the presence of a large number of automotive sectors in the region.
Leading players operating in the metal finishing chemicals market include Advanced Chemical Company; Atotech Deutschland GmbH; Chemetall, Mc-Gean Rocho US; Elementis; Dow Chemicals; Quaker Chemicals; NOF Corporation; Houghton International Inc.; Rashig GmbH; HENKEL Ag; Technic.; and A Brite Company.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

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