Global metal cleaning chemicals market size is anticipated to expand considerably over 2021-2027. This can be credited to the rising awareness about the benefits of metal cleaning solutions, such as high-efficiency neutralization and pH control, multi-metal compatibility, and enhanced corrosion control. In addition, the availability of various degreasing chemicals for ferrous as well as non-ferrous metals with a low environmental footprint will further amplify industry expansion over the projected timeframe. Cleaning chemicals and degreasers refer to agents that help sanitize, clean, degrease, and disinfect surfaces, as well as remove insoluble substances from machinery, floors, and tools. Metal cleaners and polish are extensively used to remove watermarks, fingerprints, oils, and other surface impurities to restore shine to the metal surfaces.
Gradual increase in manufacturing activity and the escalating sales of vehicles are some of the prominent trends characterizing the metal cleaning chemicals market forecast over 2021-2027. According to ACEA’s data, over 12.9 million motor vehicles are manufactured across the European Union per year, which could bolster the adoption of metal cleaning formulations for automotive degreasing and particle decontamination machines. Likewise, the increasing requirement for aircraft cleaning and corrosion control, alongside the high awareness about the benefits of metal roofing, will augment the product demand, including the metal roof cleaning chemicals. However, potential health risks associated with the use of cleaning chemicals, such as irritation to the eyes or trouble breathing, may hamper industry share in the coming years.
With regards to form, the solvent segment will account for an appreciable share in the metal cleaning chemicals industry by 2027. Growth from the segment is owing to the increased use of solvent cleaners over certain aqueous cleaners due to their toxicological profile. Myriad other benefits, including the recyclability via the distillation unit, will further push the consumption of metal cleaning solvents across industries.
Based on application, the steel segment is expected to depict a high growth rate through 2027, driven by the mounting adoption of this metal in building and infrastructure due to its cost-effectiveness and high strength. However, its declining production and surging prices during the pandemic may create a hindrance to the industry dynamics from this segment over the foreseeable future.
North America metal cleaning chemicals market will amass considerable gains by 2027, on account of the increasing residential development projects in Texas, Georgia, Florida, and other U.S. states. Moreover, the rising production of stainless-steel materials, coupled with the robust expansion of the manufacturing industry, will boost the demand for industrial machines and equipment and in turn, facilitate regional industry outlook.
Some of the prominent companies operating in the global metal cleaning chemicals industry include Quaker Chemical Corporation, Zavenir Daubert India, Rochester Midland Corporation, Hubbard-Hall Inc., Delstar Metal Finishing, Inc., Crest Chemicals, Luster-On Products, and Kyzen Corp., among others. These companies are implementing varied strategies such as new product launches, mergers, acquisitions, and business expansions to increase their geographical footprint across the global market.
In light of the COVID-19 pandemic, the manufacturing sectors, including industrial machinery and equipment as well as fabricated metal products, have been severely impacted. Mandatory closures, supply chain disruptions, and changes in buyer behavior have contributed to the overall risk of the industry in countries including the United States. Situations such as these have created an adverse impact on the metal cleaning chemicals industry over the past months.
However, the commendable increase in construction activities, despite the second wave of the pandemic, across various economies may aid the industry recovery. According to the 2020 Global Construction Survey for the fourth quarter of 2020, the U.S. construction sector is likely to grow by 15.6% in 2021, which could bolster the need for metal cleaning products for buildings in the upcoming years.