The Latin America, Middle East and Africa Metal Finishing Chemicals Market would witness market growth of 5.95% CAGR during the forecast period (2019-2025).
Conversion coatings are used for providing metal coatings in chemical and electrochemical conversions. Phosphates, chromates, and black oxide are the chemicals used in conversion coatings. Such coatings provide a mild resistance to corrosion and improve field performance and adhesion to paint. The conversion of chromate is primarily used on aluminium surfaces while the conversion of zinc and iron phosphate on steel substrates is used. Increasing the use of conversion coatings for metal pre-treatment is anticipated to boost demand in the coming years as it induces anti-corrosive properties on substrates.
Electroplating emerged as the largest process segment in 2018 and accounted for a substantial market share. This process is primarily used in plating and electrical and electronic plating for automotive applications. It is a cheaper alternative to electro less plating and galvanizing, which is expected to be the segment's major driving force. However, strict chromium and cadmium electroplating environmental regulations are predicted to hamper market expansion throughout the forecast period.
Based on Product, the market is segmented into Food & Pharma Grade and Feed Grade. Based on Process, the market is segmented into Chemical Synthesis and Bioprocess. Based on Application, the market is segmented into Healthcare Product, Functional Drink, Medicine and Animal Food. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Metal Finishing Chemicals Market in LAMEA is expected to register a CAGR of 5.95% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE (Chemetall Group),Advanced Chemical Company, Elementis PLC, The Dow Chemical Company, Coral Chemical Company, McGean-Rohco, Inc., Element Solutions, Inc, Quaker Houghton Corporation, Asterion LLC, and A Brite Company.
Market Segmentation:
By Product
By Application
By Process
By Country
Companies Profiled
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