Emerging Markets for Aqueous-Based Metal Cleaners: Growth and Investment Opportunities from Stephen's blog

Aqueous-based metal cleaners are water-based solutions used to clean, degrease, and prepare metal surfaces. These cleaners are effective in removing dirt, oil, grease, and other contaminants from metals in various industrial applications. They are widely used in industries such as automotive, aerospace, manufacturing, and heavy machinery. The global demand for aqueous-based metal cleaners is expected to reach USD 14.6   billion by 2027 with a CAGR of 5.4%. The report throws light on the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the market. Industry trends, growth analysis, aqueous-based metal cleaners market size, and forecast offer details of the factors influencing the global business scope. The growing demand for environmentally friendly and non-toxic cleaning solutions has spurred the adoption of aqueous-based metal cleaners across several sectors.

The Manufacturing Cleaning Association states, " Aqueous metal cleaning chemicals are water-based with low or no VOCs (volatile organic compounds). Instead of dissolving grease like solvent metal cleaning chemicals, aqueous metal cleaning chemicals rely on heat, agitation, and additives to break down the contaminants and wash them from the surface of components. Due to the water content, aqueous systems produce minimal hazardous waste, contain no ozone-depleting properties, and offer better operator acceptability.

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Rinse technology is the second-largest aqueous-based metal cleaner  technology  during the forecast period

Rinse technology is majorly used in big spray machines to remove loose soil and chemical residue from the surface of the metal part. It is used to ensure that all the dirt, soil, and chemicals are removed from the object. Rinsing is an important part of the cleaning process. To remove heavy chemical residue sometimes, multiple rinses are required. The volume of the water required for rinsing depends on the type and concentration of the washing chemical used.

Alkaline is projected to be the fastest-growing chemistry type of the aqueous-based metal cleaners market during the forecast period

Alkaline is the most commonly used chemistry type of aqueous-based metal cleaner. This solution is used to remove grease from various types of metals. Alkaline solutions rinse well after cleaning, and as a result, no residue is left behind. The use of alkaline cleaners is increasing due to the growing awareness of environmental and personal safety associated with chlorinated and petroleum-based solvents. Properties such as nontoxicity, non-volatile, non-combustible, and biodegradability make them environmentally, which drives the market demand.

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Builders is the second-largest aqueous-based metal cleaner by cleaning chemicals during the forecast period

Builders are inorganic components that maintain the pH value and reduce water hardness. They act as co-emulsifier and enhance the cleaning efficiency in synergy with surfactants. Builders also keep the removed soil, especially particles, dispersed and prevent them from re-depositing on the metal. With rising pH, they increasingly saponify greases or fatty oils that further contribute to soil removal. Alkaline builders are applied in cases where highly alkaline systems are too aggressive to the metal surface. They are mostly made from phosphates, mainly tri-sodium phosphate, but also silicates or carbonates.

Healthcare is projected to be the fastest-growing end-use industry during the forecast period

In the healthcare industry, cleaning demands the preparation of the surface for sterilization. Healthcare cleaning procedures aim to keep instruments and equipment clean and sterile, prolong their working life, minimize cross-contamination, and reduce medical waste. The ideal detergent for cleaning reusable instruments should have a neutral pH to prevent corrosion or other surface degradation.

South America is projected to be the second fastest-growing market -during the forecast period

The South American aqueous-based metal cleaners market is segmented into Brazil, Argentina, and the Rest of South America. The demand for aqueous-based metal cleaners in this region is projected to grow at a lower rate than in Asia Pacific. However, the region is a promising market for aqueous-based metal cleaners owing to stable economic growth and development. The development of the infrastructure sector and improved standard of living are expected to boost vehicle sales.

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Aqueous-based Metal Cleaners Market Trending Key Players

The key market players profiled in the report include BASF SE (Germany), Dow Inc. (US), Stepan Company (US), Evonik Industries AG (Germany), Eastman Chemical Company (US), Nouryon (Netherlands), Clariant AG (Switzerland), The Chemours Company (US), Indorama Ventures Public Company Limited (Thailand), Ashland Global Holdings Inc. (US) and among others.

BASF SE focuses on expanding its presence in emerging markets and maintaining a strong position in the existing ones. The company has a significant geographical presence and a strong brand image in the market. It is focusing on maintaining its position in the market by strengthening its customer relationships in key industries through innovations in applications and technological areas. The company also focuses on the environmental impact of its products and, hence, started production of methanol using renewable raw materials. As a result, the company has reduced the total emission of greenhouse gases by 50%.

Dow Inc. is one of the largest chemical manufacturers in the world. The company offers products and services across 160 countries through its subsidiaries. It operates in 34 countries with 189 production plants. It serves a number of end-use industries, including construction, healthcare & medical, packaging, oil & gas, transportation, pharmaceutical, processed foods, pulp & paper, textile & carpet, utilities, and renewable energy.