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Global Industrial Metal Cleaner Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Industrial Metal Cleaner Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Industrial Metal Cleaner Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 16 Feb 2020
  • Report ID: CMFE 0021
  • Pages:169
  • Base Year2019
  • Format: PDF
  • Historical Data: 2016-2019

Industrial Metal Cleaner is anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Industrial Metal Cleaner market, the market is expected to show a steady growth in the forecast period. Industrial metal cleaners are widely used to remove stains from the metal, motor oil and paint from the metal surfaces. They are widely used in industries for cleaning, wetting and protecting metal from corrosion further improving their life. The growing industrialization across the globe is expected to be a primary market driver. The rising demand for metallic machineries, the growing need to preserve the metallic machineries for longer duration and to produce pure products are on these machineries are various factors that are propelling the market growth immensely.

Top Driver: Growth In Demand For the Transportation and Other Industries

The key industries such as the Manufacturing and Transportation industries utilize heavy machinery and equipment and also require regular maintenance so that they could withstand their performance efficiency. The boost in the aerospace, manufacturing and automotive industries is anticipated to propel the market growth. The key leaders are trying to develop environment-friendly and bio-based chemicals to create brand-new opportunities in the industry. This attributes to the lucrative growth of the industry during the forecast period.

The Industrial Segment Occupied the Largest Market Share

On the basis of end use the market is segmented into Industrial, Residential, Medical, Automotive, Aerospace. The industrial segment occupied the largest market share owing to the rising need for various industries for proper cleaning of the metallic machineries. The automotive and aerospace segments accounted for second and third largest segments owing to the high use of metal in these industries. On the basis of type the market is segmented into alkali and acid cleaners. The alkali cleaners are expected to witness huge growth in the forecast period.

Surge In Demand For Automotive And Industrial To Benefit Asia Pacific Market

The Asia Pacific is anticipated to gain maximum revenue shares in the coming years. The demand is high due to massive demand from the automotive and industrial sectors. The flourishing manufacturer activities in China, India, Japan, and South Korea are likely to be a major boost for the metal cleaner market. The North American region is expected to propel at a higher rate in the near future. The market for metal cleaners is boosting in residential and aerospace sector in North America. Furthermore, Europe had the third-largest market share for metal cleaners and is further expected to show steady demand in the near future.

Players to Focus on Growing Demand of Industrial Metal Cleaner

The global Industrial Metal Cleaner market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Houghton International Inc., Hubbard-Hall Inc., ICL Performance Products, PCC Chemax Inc., Quaker Chemical Corporation, Spartan Chemical Company, Inc., Modern Chemical, Inc., and Stepan Company.

Quaker Chemical Corp: In July 2020, Chemical companies Quaker Chemical Corp and Houghton International Inc. had agreed to divest certain products and related assets to a subsidiary of French multinational corporation Total S.A., to settle Federal Trade Commission charges that Quaker’s proposed $1.4 billion acquisition of Houghton would violate federal antitrust law.

Products Chemical Company LLC: In April 2019, Products Chemical Company LLC (PCC), an international provider of value-added industrial and institutional cleaning solutions and technical advisory services, announced it had acquired the assets of STRIB Industries (dba Products Chemical), a leading blending and distribution company in Cleveland and operating in the Upper Midwest and Northeast U.S.

Scope of the Report

By Type

  • Alkaline Cleaners
  • Acid Cleaners

By End user

  • Industrial
  • Residential
  • Medical
  • Automotive
  • Aerospace

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Industrial Metal Cleaner Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Industrial Metal Cleaner Market -Industry Snapshots

6.1             Overview

6.1.1          Global Industrial Metal Cleaner Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Industrial Metal Cleaner Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Industrial Metal Cleaner Market- By Type

7.2.1          Industrial Metal Cleaner Market- Alkaline Cleaners

7.2.2          Industrial Metal Cleaner Market- Acid Cleaners

Chapter 8           Global Industrial Metal Cleaner Market Analysis, by End User

8.1             Overview

8.2             Key Findings for Industrial Metal Cleaner Market- By End User

8.2.1          Industrial Metal Cleaner Market- Industrial

8.2.2          Industrial Metal Cleaner Market- Residential

8.2.3          Industrial Metal Cleaner Market- Medical

8.2.4          Industrial Metal Cleaner Market- Automotive

8.2.5          Industrial Metal Cleaner Market- Aerospace

Chapter 9           Industrial Metal Cleaner Market Analysis by Region

9.1             Key Findings for Industrial Metal Cleaner Market- By region

9.2             Overview

9.2.1          Global Industrial Metal Cleaner Market Analysis, By Type, 2019 – 2028

9.2.2          Global Industrial Metal Cleaner Market Analysis, By End User, 2019 – 2028

9.3             Industrial Metal Cleaner Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By End User

9.4             Industrial Metal Cleaner Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By End User

9.5             Industrial Metal Cleaner Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By End User

9.6             Industrial Metal Cleaner Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By End User

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Houghton International Inc.

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Hubbard-Hall Inc.

11.3           ICL Performance Products

11.4           PCC Chemax Inc.

11.5           Quaker Chemical Corporation

11.6           Spartan Chemical Company, Inc.

11.7           Modern Chemical, Inc.

11.8           Stepan Company

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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