Europe Metal Cleaning Chemicals Market Size (2024 - 2029)

The European metal cleaning chemicals market is experiencing growth, driven by increased demand from the industrial sector and a heightened focus on industrial cleaning and maintenance. The market size was initially affected by the COVID-19 pandemic, which disrupted supply chains and reduced consumption in the industrial segment. However, the cleaning sector saw a rise in demand due to the need for disinfecting metal surfaces. While stringent environmental regulations pose challenges, the development of bio-based cleaning chemicals presents potential opportunities for market expansion.

Market Size of Europe Metal Cleaning Chemicals Industry

Europe Metal Cleaning Chemicals Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration Low

Major Players

Europe Metal Cleaning Chemicals Market - Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Metal Cleaning Chemicals Market Analysis

The European metal cleaning chemicals market is projected to register a CAGR of over 4% during the forecast period.

The market was negatively impacted by COVID-19. The consumption of metal cleaning chemicals was reduced from the industrial segment due to the shutting down of production units and disruptions in the supply chain. However, the market's demand increased from the cleaning sector owing to the high importance given to disinfecting metal surfaces for controlling the spread of COVID-19 in houses, industrial complexes, institutions, and other areas. Post-pandemic, the market has been doing well due to increased demand from the industrial sector.

  • Over the short term, growing concern toward industrial cleaning and maintenance, and increasing demand for metal cleaners from manufacturing industries, are some of the factors driving the market demand.
  • Stringent environmental regulations may hinder the market's growth.
  • The development of bio-based cleaning chemicals is likely to create opportunities for the market in the coming years.

Europe Metal Cleaning Chemicals Industry Segmentation

Metal cleaning chemicals serve the purpose of wet-ability, clean-ability, and protection against corrosion of the components that require certain cleanliness specifications. These can be surfactant-based cleaners and degreasers, etchants, or solvents. Metal cleaning chemicals are important as they are needed for cleaning various metal parts after they undergo operations such as machining. They are used in almost all industrial activities that require the use of metals, metal parts, or equipment. 

The European metal cleaning chemicals market is segmented by form, type, functional additives, end-user industry, and geography. By form, the market is segmented into aqueous and solvent. By type, the market is segmented into acidic, basic, and neutral. By functional additives, the market is segmented into surfactants, corrosion inhibitors, chelating agents, and PH regulators. By end-user industry, the market is segmented into transportation, electrical and electronics, chemical and pharmaceutical, oil and gas, and other end-user industries. The report also covers the market size and forecasts for the market studied in four major countries across the European region. The report offers the market sizes and forecasts for each segment on the basis of revenue (USD million).

Form
Aqueous
Solvent
Type
Acidic
Basic
Neutral
Functional Additives
Surfactants
Corrosion Inhibitors
Chelating Agents
PH Regulators
End-user Industries
Transportation
Electrical and Electronics
Chemical and Pharmaceutical
Oil and Gas
Other End-user Industries
Geography
Germany
United Kingdom
France
Italy
Rest of Europe
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Europe Metal Cleaning Chemicals Market Size Summary

The European metal cleaning chemicals market is experiencing a positive trajectory, driven by increased demand from the industrial sector post-pandemic. Initially, the market faced challenges due to COVID-19, which led to reduced consumption in industrial segments due to production shutdowns and supply chain disruptions. However, the cleaning sector saw a surge in demand as disinfecting metal surfaces became crucial to controlling the virus's spread. The market is now benefiting from heightened industrial cleaning and maintenance concerns, alongside a growing demand from manufacturing industries. Despite the potential hindrance posed by stringent environmental regulations, the development of bio-based cleaning chemicals presents new opportunities for market expansion.

The transportation sector, encompassing aerospace, automotive, railways, and marine industries, represents a significant market for metal cleaning chemicals in Europe. The selection of efficient metal cleaners is critical, as different materials react variably, impacting the performance and longevity of transportation systems. Germany, as a leading automotive manufacturer, plays a pivotal role in this market, with substantial production and export activities. The maritime industry, particularly in Germany and the UK, also contributes significantly to the market, with government initiatives supporting green shipping and zero-emission ship construction. The market is characterized by fragmentation, with major players like Nouryon, Evonik Industries, BASF SE, 3M, and DOW actively participating. Recent acquisitions, such as MKS Instruments' purchase of Atotech and Element Solutions Inc.'s acquisition of Coventya Holding SAS, are expected to strengthen market positions and expand reach across various end markets.

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Europe Metal Cleaning Chemicals Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Concern Towards Industrial Cleaning and Maintenance

      2. 1.1.2 Increasing Demand for Metal Cleaners from Manufacturing Industries

    2. 1.2 Restraints

      1. 1.2.1 Stringent Environments Regulations

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Revenue)

    1. 2.1 Form

      1. 2.1.1 Aqueous

      2. 2.1.2 Solvent

    2. 2.2 Type

      1. 2.2.1 Acidic

      2. 2.2.2 Basic

      3. 2.2.3 Neutral

    3. 2.3 Functional Additives

      1. 2.3.1 Surfactants

      2. 2.3.2 Corrosion Inhibitors

      3. 2.3.3 Chelating Agents

      4. 2.3.4 PH Regulators

    4. 2.4 End-user Industries

      1. 2.4.1 Transportation

      2. 2.4.2 Electrical and Electronics

      3. 2.4.3 Chemical and Pharmaceutical

      4. 2.4.4 Oil and Gas

      5. 2.4.5 Other End-user Industries

    5. 2.5 Geography

      1. 2.5.1 Germany

      2. 2.5.2 United Kingdom

      3. 2.5.3 France

      4. 2.5.4 Italy

      5. 2.5.5 Rest of Europe

Europe Metal Cleaning Chemicals Market Size FAQs

The Europe Metal Cleaning Chemicals Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Nouryon, Evonik industries, BASF SE, 3M and Dow are the major companies operating in the Europe Metal Cleaning Chemicals Market.

Europe Metal Cleaning Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)