Metal Cleaner Market Scope
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 the removal of an inorganic material including hydroxides, carbonates, oxides, silicates, sulfides, sulfates, and phosphates.
According to AMA, the Global Metal Cleaner market is expected to see growth rate of 4.78%The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Metal Cleaner market throughout the predicted period.
Air Products and Chemicals, Inc. (United States), Eastman Chemical Company (United States), Oxiteno (Brazil), Quaker Chemical Corporation (United States), Rochestor Midland Corporation (United States), Chemours Company (United States), Dow Chemical Co. (United States), KYZEN (United States), Houghton International (United States) and Stepan Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Spartan Chemical Company, Inc. (United States), ICL Performance Materials (United States) and Lubrizol (United States).
Segmentation Overview
The study have segmented the market of Global Metal Cleaner market by Type (Aqueous Metal Cleaner and Solvents Metal Cleaner), by Application (Metal Processing, Equipment Maintenance, Electronic and Others) and Region with country level break-up.
On the basis of geography, the market of 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).
Influencing Trend:
Growing Concern about Industrial Cleaning and Maintenance
Market Growth Drivers:
Growing Metal Consumption & increasing Demand from End-Use Industries and Surging Demand for Metal Cleaners from Commercial Sector
Challenges:
High Cost competition
Restraints:
Stringent Government Regulations
Opportunities:
Introduction of Bio-Based and Green Metal Cleaning Chemical Products
Market Leaders and their Expansionary Development Strategies
In Janaury 2023, Metal One Corporation (Metal One) and Clean Energy Systems (CES) announced an agreement to deploy CES' proprietary carbon capture technology to accelerate decarbonization of the global steel industry. Metal One has made an initial funding to CES, and the parties will immediately work to promote the use of green steel across all industries, helping major corporations that have pledged to achieve net zero carbon emissions.
In November 2021, KYZEN, the global leader in innovative environmentally friendly cleaning chemistries, will have an exciting new product introduction at SEMICON West. The show is back as a hybrid event from Dec. 7-9, 2021. The live, in-person event will take place at the Moscone Center in San Francisco, California. A virtual environment
Key Target Audience
Metal Cleaners Manufacturers, Metal Cleaners Raw Material Suppliers, Metal Cleaners Traders/Distributors, Metal Cleaners Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.