Report analyses the Global Metal Deactivators Market size, shares, recent trends, competitive intelligence, and future market outlook. Demand from Industrial, Aviation, Food & Agriculture in Asia Pacific is spiking. Competitive rivalry intensifies with BLS Metadeact, Dorf Ketal, PMC Specialities Group and others operating in the market.
Metrics |
Details |
Market CAGR |
5.1% |
Segments Covered |
By Metal, By Formulation, By End-User, and By Region |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights. |
Fastest Growing Region |
Asia Pacific |
Largest Market Share |
North America |
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The increasing usage of non-ferrous metals like aluminum, copper, and non-ferric alloy in several industries is emphasizing the need for metal deactivators to minimize adverse effects like corrosion and staining.
Also, the growth in industrialization has increased the use of lubricants for sustaining the efficiency of machinery, which has boosted the market by generating various end users from food & agriculture, aviation, polymer industries, and many more.
The availability of raw materials coupled with the quantity of usage in the end-user industries is a significant restraint to the growth of the market.
The Global Metal Deactivators market report segments the market by metal, formulation, and end-user industry. By metal, the market can be segmented as Copper, Aluminium, Alloys, and Others.
The formulation segment includes Oil-based and Water-based. Oil-based metal deactivators are useful in protecting copper, copper alloys, cadmium, zinc, cobalt, and silver.
They are used in lubricants, metalworking fluids, and greases. However, the water-based formulation is expected to hold a significant share because of its low price and high efficiency. Also, these formulations are easy to handle and protect metals from corrosion.
Further, by end-user industry, the market has been segmented as Industrial, Polymers, Aviation, Automotive, Food & Agriculture, and Others.
The Industrial segment is predicted to dominate the market during the forecast period. This can be attributed to the high development in the industrial sector. Metal deactivators are used in hydraulic oils, industrial gear oils, metal working fluids, transmission oils, and turbine oils in the industry.
The Automotive segment is also expected to hold a significant share in the market in the coming years. In the automotive sector, metal deactivators are utilized in gear oils, fuel additives, engine oil additives, and in other automotive lubricants.
The report segments the market based on geography as North America, South America, Europe, Asia-Pacific, and the Rest of the World. North America is the most significant region for the metal deactivators market and is expected to dominate in the forecast period. It is due to the broad applications of metal deactivators in automotive, oil refineries, and polymer industries in North America.
Asia-Pacific is the fastest growing region for metal deactivators owing to the high growth rate in the end-user industries. The Automotive sector is currently booming in the area, especially in developing countries like China and India.
The development in the automotive industry is a primary factor in boosting the demand for metal deactivators in the region. Also, these countries have a high industrialization rate because of the rise in economy and increasing investments from the private as well as the public sector. Thus, the industrial growth in the region will also contribute to the growth of the market in the coming years.
The Global Metal Deactivators market report profiles the following companies- BASF SE, Adeka Corporation, Innospec Inc., Lubrizol Corporation, Clariant AG, Vanderbilt Chemicals, Afton Chemical Corporation, Du Pont, Mayzo, Dorf Ketal, BLS Metadeact, Metal Deactivator, and PMC Specialities Group.
What is the Growth Rate of the Metal Deactivators market?
Grow with a CAGR of 5.1% during the forecast period from 2022-2029.
What Companies Are Included in the Self-Adhesive Labels Market?
The following online businesses are profiled in a great global Metal Deactivators Market Report - Metal Deactivator, BLS Metadeact, Vanderbilt Chemicals, Du Pont, Mayzo, Dorf Ketal, Adeka Corporation, Innospec Inc., Lubrizol Corporation and PMC Specialities Group are represented by BSF SE.