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.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/metal-finishing-chemicals-market
https://www.grandviewresearch.com/industry-analysis/metal-finishing-chemicals-market
Further
key findings from the report suggest:
- In terms of revenue,
plating chemicals product segment is estimated to expand at a CAGR of 4.7%
over the forecast period
- The U.S. metal finishing
chemicals market is anticipated to exceed USD 2.7 billion by 2025
- Asia Pacific is expected
to witness a significant CAGR of 6.3% over the next eight years, owing to
growing automotive and construction spending coupled with rising disposable
income
- The market is led by
Atotech Deutschland GmbH, Chemetall, Advanced Chemical Company among
others
About Us:
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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