Toll Free : + 1-888-961-4454 | Int'l : + 91 (788) 802-9103 | support@researchdive.com
MA2003124 |
Pages: NA |
Jan 2023 |
Metal finishing is the process of changing the surface of an object by applying emulsifier for improving its durability or appearance. Basically it is related to electroplating where a thin surface coating is applied to the surface of the metal by electrodeposition. It also involves the implementation of a process for polishing, cleaning or improving the surface. Industrial metal finishing can serve many purposes such as limiting the impact of corrosion, enhancing the chemical resistance, serving as a primer coat to endorse paint bond and many more. There are various types of techniques which are used to accomplish steel and metal finishing and polishing depending on the application and the type of the metal. The most important uses of metal finishing are to improve the metal’s overall appearance. An unfinished metal will be rough by default; by polishing the metal the contamination and adhesion will be reduced and robustness will increase.
The metal finishing chemicals are mostly used in the automotive and electrical & electronics industries in a huge amount. The rise in the usage of the metal finishing chemicals in automotives and electrical & electronics are predicted to drive the market. These chemicals are mostly used in cleaning and etching of the surfaces. Metal chemicals are mostly used for finishing of printed circuit boards with electronic devices. Moreover, in the automotive sector, these chemicals are used to increase the resistance of the chemical, hardness of the metal, electrical resistance, wear resistance, corrosion resistance and torque tolerance. These mentioned reasons are predicted to boost the growth of the metal finishing chemical market in the forecast period.
The implementation of strict government regulation with respect to the use of the metal finishing chemicals is predicted to hamper the growth of the market. The electroplating solution after use needs to be disposed of with safety without causing effect to the environment as the solutions are highly toxic in nature which creates a negative impact on the environment. The solutions cannot be disposed in water bodies as it affects the marine ecosystem. Strict rules and regulations initiated by the government with respect to waste water and hazardous waste disposals in water and environment is considered to hamper to the growth of the market.
Inorganic metal finishing is predicted to grow at a faster rate during the forecast period. The inorganic metal finishing is predicted to grow due to the sustainability, functionality, quality, being safe to the environment and easy to apply. Inorganic metal finishing changes the surface of the metal into a thin layer of metal oxide, which has better corrosion resistance as compared to the natural oxide films and provides an excellent base for the protection of paints. Inorganic metal finishing is further bifurcated into Pretreatment/Surface preparation, Electroplating, Electro less plating and Others. Electroplating is predicted to have the highest growth rate in the forecast period. Electroplating helps to coat the metal by the electrolytic deposition with silver, chromium or any other metal. Electroplating saves the corrosion of metals and imparts shine to the electroplated object. Electroplating reduces the reactivity of metals like iron or aluminum and these metals can then even be used for storing food items. Due to the abovementioned reasons and bifurcation in the segment type, inorganic metal finishing is predicted to give boost to the metal finishing chemicals.
Metal finishing chemicals are mostly used in automotive exteriors and interior parts to protect the metal parts from corrosion. Metal finishing chemicals are used in the parts of the automotive vehicles such as piston, fuel injecting housing, front grills, engine valves, anti-vibration components, fasteners, cylinders, heat sinks, shock absorbers, car door handles, plated aluminum wheels, emblems, piston rings, fluid delivery tube, brake calipers, gears and many more. The metal finish chemicals are used widely in the various components and parts in a large extent due to which it is predicted to give boost to the metal finishing chemical market in the forecast period.
The automobile industry dominates the demand for metal finishing chemicals. Applying metal finishing chemicals in the vehicle parts is considered as the most prominent method as it provides a protective layer on the metals used in the parts where it is applied. The chemical is also used to enhance the appearance of the vehicles by giving them a smooth finish. Moisture in air can cause damage to the metal in the automobile vehicles. Therefore, to protect the metal parts form corrosion and other damage, metal finishing chemicals are used on parts of automobiles.
The market for metal finishing in Europe region is predicted to grow immensely in the forecast period. Europe witnessed to have a large number of automobile manufacturing companies and the metal finishing chemicals are mostly used in the automobile sector for painting and cleaning purposes. The presence of large number of automobile manufacturing companies is predicted to boost the market for the metal finishing chemical in the forecast period. Asia-Pacific market for metal finishing is accounted to be the fastest growing region in the metal finishing chemicals in the forecast period. The metal finishing market in the Asia-Pacific region is predicted to grow with the rise in the demand for the product in automobile, aerospace and electronics industry.
The major key players in the metal finishing chemicals market are Servi Sure Corp., L.S Industries, Plating Equipment ltd., Metal finishing technologies LLC, Chemetall GmbH, Houghton International Inc., Advanced Chemical Company, Grauer & Weil India Ltd., Coventya International and McGean-Rohco, Inc., among others.
|
Aspect |
Particulars |
|
Historical Market Estimations |
2018-2019 |
|
Base Year for Market Estimation |
2018 |
|
Forecast timeline for Market Projection |
2019-2026 |
|
Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
|
Segmentation by Type |
|
|
Segmentation by Application |
|
|
Segmentation by End Use |
|
|
Key Countries Covered |
U.S., Canada, Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Middle East, Africa |
|
Key Companies Profiled |
|
* Taxes/Fees, If applicable will be added during checkout. All prices in USD.
Have a question ?
Enquire To BuyNeed to add more ?
Request Customization