Metal Cleaning Chemical Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Cleaner Type (Aqueous, Solvent), By Metal Type (Steel, Aluminum, Copper, Others), And By Geography - Forecasts From 2023 To 2028

The metal cleaning chemical market is predicted to grow at a CAGR of 4.72% from US$9.814 billion in 2021 to US$13.554 billion by 2028.

The rapidly expanding construction and automotive industries and increasing demand for aqueous-based metal cleaners are the primary factors driving market expansion. Chemicals used to clean metal are crucial when creating body parts. Metal cleaning chemicals are used to clean the metal components of cars. Additionally, metal cleaning chemicals are used to remove metallic scale and corrosion products and are frequently used in the construction industry. Architectural forming, such as the production of showpieces where exceptional finishing is required, requires the use of metal cleaning solutions.

The increasing need for aqueous-based metal cleaning solutions and the expanding automotive and construction industries drive the metal cleaning chemical market.

Trichloroethylene and other solvent compounds should not be used since they present significant environmental and health concerns. As a result, businesses are moving towards operating safely and sustainably and developing environmentally friendly products. An economical and environmentally friendly method of cleaning components and parts has been made possible by developing aqueous-based innovation and the increased need for green chemical-based cleaning substitutes. This enhances workplace safety and contributes to the reduction of industrial waste. The primary components of aqueous cleaning solutions are either animal or plant sources. They don't include poisons, synthetic materials, or other environmentally harmful materials because they are manufactured from renewable resources.

Further, the demand for clean metal cleaners is expected to grow due to the world's manufacturing industries' expansion. Heavy machinery and equipment used for transportation must be maintained to prevent interference with the machinery's functionality. As a result, the widespread use of metal cleaning solutions is necessary for optimal operating effectiveness.

Market Developments:

• Stepan Company (US) is concentrating on acquisitions to meet the rising demand for metal cleaning chemicals. In March 2020, Stepan Company completed its acquisition of Logos Technologies' NatSurFact Company, a line of bio-surfactants based on rhamnolipids and produced from renewable sources.
• Clariant announced the introduction of Vita 100% bio-based polyethylene glycols and surfactants in February 2022, which will indirectly address climate change. For its innovative surfactants and PEGs, Clariant produces ethylene oxide entirely from bioethanol produced from sugar cane or maize.

The steel segment is expected to witness robust growth over the projected period. 

The segment is growing due to urbanization, rapid technological advancements, government initiatives, high demand for steel for industrial purposes, increasing demand from manufacturing industries, and growing concern towards industrial cleaning and maintenance. The steel industry is the main market for the metal cleaning chemical market. Cleaning metallic surfaces is a major problem in the steel industry. Therefore, industrial metal cleaners are utilized to address this problem. One of the biggest benefits of employing metal cleaning chemicals is that the metal equipment doesn't need to be disassembled and put back together after cleaning. The cleaning doesn't harm the equipment by leaving regions more susceptible to corrosion than before.

According to the World Steel Association, after falling by 2.3% in 2022, finished steel utilization will increase by 1.0% in 2023. The economic environment in China had a significant influence on steel output, which decreased by 4% in 2022 and is expected to remain constant in 2023 because of lengthy COVID-19 mitigation techniques, which led to a reduction in demand for real estate and building projects. Due to expenditure on infrastructure, high consumer demand, and growing demand in the automotive industry, finished steel product production in India rose in 2022. Owing to steel production, cleaning chemicals for the metal are anticipated to show steady growth during the forecast period.

North America accounted for a major share of the global metal cleaning chemical market.

The metal cleaning chemical market has been segmented by geography into North America, South America, Europe, Middle East and Africa, and Asia Pacific.

The USA metal cleaning chemical market is projected to grow substantially. This growth is driven by the presence of major players such as The Dow Chemical Company, Eastman Chemical Company, and Huntsman Corporation. These companies have significant market shares in the metal cleaning chemical industry, and their continued investments in research and development have enabled them to develop new and innovative metal cleaning chemical products that meet the evolving needs of their customers. For instance, Huntsman Corporation's invested in a new R&D facility in Texas in 2020. The new facility, located in The Woodlands, Texas, is dedicated to developing new and innovative metal cleaning chemical products and other specialty chemicals.

The manufacturing sector is a significant consumer of metal cleaning chemicals in the USA, and this demand is expected to grow in the coming years. Metal cleaning chemicals are essential for producing advanced and sophisticated products, particularly in the aerospace, defense, and electronics industries. The manufacturing sector requires clean metal surfaces for various applications, including metal stamping, machining, and welding. Moreover, the increasing demand for high-quality and reliable products from consumers is driving the growth of the manufacturing sector, further increasing the demand for metal cleaning chemicals. The use of metal cleaning chemicals is expected to play a crucial role in ensuring the quality and reliability of manufactured products, and this is expected to fuel the growth of the metal cleaning chemical market in the USA.

Metal Cleaning Chemical Market Scope:

Market Segmentation:

• BY CLEANER TYPE
  • Aqueous
  • Solvent
• BY METAL
  • Aluminum
  • Copper
  • Others
• BY GEOGRAPHY
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • The United Arab Emirates
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Taiwan
    • Vietnam
    • Others