Northbrook, IL -- (SBWIRE) -- 06/10/2019 -- The report "Metal Finishing Chemicals Market by Type (Cleaning, Conversion Coating), Process (Electroplating, Polishing, Anodizing), Material (ZN, NI, CR, CU, AU), End-Use Industry (Automotive, Electrical & Electronics), and Region - Global Forecast to 2027", The Metal Finishing Chemicals Market is projected to grow from USD 9.8 billion in 2018 to USD 16.9 billion by 2027.

Browse 73 market data Tables and 47 Figures spread through 161 Pages and in-depth TOC on "Metal Finishing Chemicals Market - Global Forecast to 2027"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8788543

The market is driven by the growing demand for metal finishing chemicals in the automotive industry as it imparts corrosion resistance, wear resistance, electrical conductivity, electrical resistance, reflexivity and appearance, torque tolerance, hardness, and chemical resistance properties for the metal substrate.

On the basis of material, the Zinc (Zn) material segment is estimated to lead the metal finishing chemicals market during the forecast period.
Various materials are being used in metal finishing, including zinc, nickel, chrome, copper, gold, silver, and platinum, among others. Among these, zinc is estimated to have accounted for the largest market share due to its easy availability and cost-efficiency. It is also suitable for various applications such as anchors, cleats bolts, coaxial cables, batteries, and plating on plumbing fixtures in the automotive, aerospace & defense, construction, and electrical & electronic industries. Zinc material coating provides benefits such as sacrificial corrosion protection, paint adhesion, decorative coating, and anti-galling to the base metal.

Increasing use of metal finishing chemicals in the automotive industry owing to its excellent properties, including corrosion resistance and wear resistance is projected to lead the metal finishing chemicals market during the forecast period.
Metal finishing chemicals are used in various end-use industries such as electrical & electronics, automotive, industrial machinery, construction, aerospace & defense, and others. The automotive end-use industry is estimated to have accounted for the largest market share due to the increasing usage of these chemicals in metal finishing for shock absorbers, heat sinks, gears, cylinders, and capacitors. The construction industry is projected to grow at the highest CAGR during forecast period, in terms of value among all the industries considered.

High economic growth rate and growing automotive and electrical & electronics industries in China, Japan, and India are projected to lead the metal finishing chemicals market in APAC during the forecast period.
The Asia-Pacific region is the fastest growing market for metal finishing chemicals.

Factors driving the metal finishing chemicals market in the Asia-Pacific region are:
- Growing demand from the end-use industries, such as automotive, electrical & electronics, construction, and industrial machinery in major countries such as China and India
- Increasing investments in the metal finishing and plating market in the region

Speak with our Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=8788543

Key players in the metal finishing chemicals market are Atotech Deutschland GmbH (Germany), Chemetall (Germany), The Dow Chemical Company (U.S.), Elementis plc (U.K.), Platform Specialty Products Corporation (U.S.), Advanced Chemical Company (U.S.), Coral Chemical Company (U.S.), Houghton International, Inc. (U.S.), McGean-Rohco, Inc. (U.S.), and NOF Corporation (Japan).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com