The North America Metal Finishing Chemicals Market would witness market growth of 4.44% CAGR during the forecast period (2019-2025).
In the aerospace industry, electroplating is used in valve components, rams pistons, and satellite and rocket components. It is also used in shock absorbers, sinks, gears, brake pistons, etc., in the automotive industry. Black oxide is a conversion coating formed by a chemical reaction that occurs when parts are immersed in the alkaline aqueous salt solution that operates at about 285 degrees F. The advantages of black oxide are no dimensional changes, light glare reduction, dark black colour, improved lubrication characteristics, temperature-resistant colour change, no white corrosion, and no hydrogen embrittlement. An increase in the demand for this product can be associated with the properties of metal finishing chemicals, such as corrosion resistance, wear, electrical, hardness, torque, and chemicals combined with electrical conductivity, metal surface appearance, and reflectivity.
Strict regulations on wastewater management and hazardous waste disposal for metal finishing industries have been enforced by agencies like EPA, REACH, and OSHA. The EPA's Clean Water Act developed stringent industrial wastewater regulations as it requires contaminants including cyanides, suspended solids, organic substances, and heavy salts. Such contaminants are environmentally harmful and present potential health risks which, over the forecast period, are likely to hinder the market growth.
Based on Product, the market is segmented into Plating Chemicals, Cleaning Chemicals, Conversion Coatings, and Other Products. Based on Application, the market is segmented into Automotive, Electrical & Electronics, Aerospace, Construction and Other Applications. Based on Process, the market is segmented into Electroplating, Chemical & Electro-chemical Conversion, Electroless Plating and Other Process. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Metal Finishing Chemicals Market in North America is expected to register a CAGR of 4.44% 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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