Metal surface finishing is an industrial process that alters the surface of a manufactured item to achieve a certain property. Metal finishing chemicals modify the surface of metal products to improve wear resistance, corrosion resistance, electrical resistance, electrical conductivity, chemical resistance, hardness, tarnish resistance, reflectivity and appearance, torque tolerance, and solder ability. Metal finishing chemicals are used on clean, plate, and etch metallic surfaces in order to improve their physical appearance and characteristics.

The metal finishing chemicals market is driven by the high demand in electrical & electronics and automotive industries. Metal finishing chemicals are used in printed circuit boards, etching, and degreasing metal substrates such as steel, aluminum, and nickel. Demand for metal finishing chemicals is high in automotive and aerospace equipment. Aerospace is expected to be a rapidly growing industry of the metal finishing chemicals. Metal finishing chemicals are also employed in industrial machinery and transportation equipment. Favorable government initiatives, rise in disposable income, changing lifestyle, and rapid urbanization are anticipated to propel the metal finishing chemicals market during the forecast period. However, implementation of environmental regulations on metal finishing chemicals, which are considered highly toxic, is estimated to hamper the metal finishing chemicals market in the near future.

Metal finishing chemicals are employed in various end-use industries such as electrical & electronics, automotive, industrial machinery, construction, and aerospace & defense. Automotive is the prominent segment of metal finishing chemicals market. Metal finishing chemicals help protect automotive parts such as engine, shock absorbers, gears, body, rim, cylinder, and radiator against corrosion and chemical reactions.

In terms of process, the metal finishing chemicals market can be segmented into electrolytic plating chemical process, galvanization process, metallic coatings process, chemical conversion, electroless plating, and electrochemical conversion. Degreasing, preserving, engraving, polishing, and cleaning are the secondary processes used along with the above processes. Materials preferred for metal finishing are chlorinated oxygenated solvents, surfactants, and solutions of metals, salts, and acids. Electroplating chemical process dominated the metal finishing chemicals market in 2016. It was followed by electroless plating and galvanization process. Metallic coatings processes such as vapor deposition and thermal spray coatings are also gaining prominence.

In terms of geography, the metal finishing chemicals market can be segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Demand for metal finishing chemicals is high in North America. The U.S. leads in terms of consumption of metal finishing chemicals due to the high demand for these in aerospace and electrical & electronics industries. North America is followed by Europe in terms of demand. Demand for metal finishing chemicals is high in Europe due to the increase in demand for these chemicals in manufacturing and automotive sectors. Asia Pacific is the fastest growing region of the metal finishing chemicals market. Demand for metal finishing chemicals is high in countries such as Japan, China, and India. India is anticipated to be the fastest growing country of the metal finishing chemicals market in Asia Pacific. Latin America is likely to offer immense opportunities to the metal finishing chemicals market in Rest of the World owing to the high demand for these chemicals in the manufacturing sector in the region.

Key players operating in the metal finishing chemicals market are Advanced Chemical Company, Atotech Deutschland GmbH, Coral Chemical Co., C. Uyemura & Co. Ltd., Lonza Group AG, McGean Specialty Chemicals Group, and Quaker Chemicals Corp. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Metal Finishing Chemicals Market

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