Market Size of Metal Cleaning Chemicals Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 14.98 Billion |
| Market Size (2029) | USD 19.70 Billion |
| CAGR (2024 - 2029) | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Metal Cleaning Chemicals Market Analysis
The Metal Cleaning Chemicals Market size is estimated at USD 14.98 billion in 2024, and is expected to reach USD 19.70 billion by 2029, growing at a CAGR of greater than 5% during the forecast period (2024-2029).
The COVID-19 pandemic had a positive impact on the metal cleaning chemicals market, as demand for disinfectants, all-purpose cleaners, surface cleaners, detergents, soaps, and other hygiene products increased. This positively affected the pharmaceutical and chemical companies to boost their sales in the hygiene and cleaning sector.
The increasing demand for industrial cleaning and maintenance in the manufacturing sector is driving the market growth.
Most cleaning chemicals are corrosive and dangerous to mix with oxygen. Waste management and the harmful effects of cleaning chemicals are major challenges hindering market growth.
Further, green and bio-based metal cleaning chemicals are growing in demand due to their effectiveness, safety, and sustainability. They are likely to create opportunities for rapid and profitable expansion in the global market.
Asia-Pacific region dominated the market for metal cleaning chemicals, with India, China, and Japan representing major countries in terms of consumption.
