Market Size of North America Metal Cleaning Chemicals Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Metal Cleaning Chemicals Market Analysis
The North American metal cleaning chemicals market is projected to register a CAGR of over 4% during the forecast period.
During 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 in 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. The market has been doing well post-pandemic due to the revival of 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 related to VOC emissions 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.
- The United States is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.
