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Deep Analysis of Impact of COVID-19 on “Metal Finishing Chemicals Market 2019-2025” Growth Worldwide….

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Mrudula Karmarkar
Deep Analysis of Impact of COVID-19 on “Metal Finishing Chemicals Market 2019-2025” Growth Worldwide….

San Francisco, 01 April 2025: The Report Metal Finishing Chemicals Market Size, Share & Trends Analysis Report By Product (Plating Chemicals, Conversion Coatings, Cleaning Chemicals), By Process, By Application, And Segment Forecasts, 2019 - 2025

The global metal finishing chemicals market size is expected to reach USD 13.52 billion by 2025, according to a new report by Grand View Research, Inc. it is anticipated to expand at a CAGR of 4.5% during the forecast period. Increasing consumption from end use industries, such as automotive, aerospace, construction, and electrical and electronics coupled with the ability of these chemicals to impart superior properties on a metal surface is expected to drive the product demand.

Increasing expenditure in aerospace R&D by various governments including U.S., Germany, France, U.K., Poland, and Sweden is expected to fuel the demand for metal finishing chemicals. Moreover, the product innovation and development of large aircraft by major aerospace OEM’s including Boeing, Lockheed Martin, Airbus, Sikorsky, Northrop Grumman, and Raytheon and the rising aerospace maintenance, repair and overhaul industry is expected to contribute to the product demand from aerospace industry.

The plating industry is experiencing a dynamic transition from wet surface finishing to dry finishing processes, which will help in reducing waste generation, hazardous emissions, dangerous chemicals, and operator exposure. Manufacturers are developing non-metal substrates reinforced with carbon, glass, or Kevlar and these products are expected to offer more strength, durability and better corrosion resistance. This factor is anticipated to drive the metal finishing chemicals market in near future.

The growing automotive industry in developing countries, such as Mexico, India, China, Thailand, and Indonesia is projected to drive the market. Moreover, government initiatives, such as the Make in India policy by the government of India are some of the major drivers for automotive manufacturing and development in these regions, which is likely to further fuel the growth. Rising demand for the product can be attributed to the properties of metal finishing chemicals, such as resistance to corrosion, electrical, wear, torque, hardness, and chemicals coupled with electrical conductivity, appearance, and reflectivity to the metal surface.

Request sample report of Metal Finishing Chemicals Market@ https://www.grandviewresearch.com/industry-analysis/metal-finishing-chemicals-market/request/rs1

Growing automotive production mainly in China, Indonesia, India, and Thailand is expected to propel the demand for these chemicals from the automotive sector. Increasing demand for passenger cars in India and China coupled with the rising disposable income is expected to further fuel the automotive market, which in turn will boost the demand over the forecast period.

Other industries that find significant application of metal finishing chemicals industrial machinery and transportation equipment. Growing demand from India, China, Japan, Korea, and Taiwan for manufacturing electrical components, such as connectors, semiconductor devices, and circuit boards are also anticipated to bolster the market over the forecast period.

Agencies, such as EPA, REACH, and OSHA has enforced strict regulations on wastewater management and hazardous waste disposal for metal finishing industries. The clean water act by the EPA developed strict guidelines for wastewater from the industries as it contains contaminants including cyanides, organic substances, suspended solids, and heavy salts. These contaminants are environmentally hazardous and pose potential health risks, which is likely to hamper the market growth over the forecast period.

The market is fragmented in nature with the presence of many large and small companies that collectively captured the significant share in 2017. Key manufacturers include Atotech Deutschland GmbH; Advanced Chemical Company; Chemetall, Elementis; DOW Chemicals; Mc-Gean Rocho the US; Coral Chemical Company; Platform Specialty Products Corporation; Quaker Chemicals; Houghton International Inc.; NOF Corporation; HENKEL Ag; Rashid GmbH; A Brite Company; and Technic.

The majority of manufacturers focus on Europe and North America while keeping the distribution networks across the other regions. Europe and North America are estimated to be the largest markets for these chemicals on account of growing demand from aerospace, automotive, manufacturing, and electrical and electronics industries among others. There is a significant presence of numerous regional industry players specifically those based in the U.S., Canada, Germany, U.K., Japan, and China. This scenario is projected to fuel the overall competitive environment in near future.

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