According to MRFR analysis, the Indian metal treatment chemical market is segmented into type and application. Based on the type, the market is segmented into anodizing and platting, corrosion protective, cleaning, paint stripers, and others including pickling inhibitor, metal phosphating, and passivation gel. Anodizing and platting hold the largest share of 32.6% on account of increasing demand for anodizing hard coating for application in electroless plating and anodized layer formation. Cleaning chemicals segment is growing significantly and is expected to reach USD 75.4 million by 2023.

Global Key Players and Competition Analysis

The key players in the India metal treatment chemical market are BASF India Ltd., Henkel Adhesives Technologies, Metalguard Pvt. Ltd., Chemtex Speciality Limited, CMP PVT. LTD, Dimetrics Chemicals, KCH INDIA PVT. LTD, Olivine Mercantiles Pvt. Ltd., Prime Laboratories and GTZ India Private Limited among others

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Segmentation Analysis

The Indian metal treatment chemical market is segmented based on type and end-user. Based on the type, the market is segmented into anodizing & platting, corrosion protective, cleaning, paint stripers. By the end user, the India metal treatment chemical market is automotive, metalworking, industrial machinery, electronics & electrical, construction, and aerospace & transportation.

Regional Analysis

The Indian Metal Treatment Chemical Market is growing at a significant CAGR due to the ongoing development of key industries like automotive, construction, and transportation. Government initiative of 100% FDI policy in the automotive sector has increased the production and sales of vehicles thereby, rising demand for metal treatment chemicals in the automotive industries. Moreover, urban and rural development projects have also opened new opportunities for metal treatment in construction, metalworking, and industrial machinery application. Rising automotive production in the North sector is expected to drive the overall market and is valued at USD 88.0 million in 2016 at the highest CAGR of 5.72%.

Market Scope

The automotive OEM & component market is growing tremendously at CAGR of 6.14% to reach USD 124.8 million by the end of 2023. The segment is anticipated to retain its dominance over the forecast period. Similarly, in metalworking, the various chemical treatment process is used to keep natural properties of metal intact. This segment holds a substantial share and shows growth on account of emerging industrialization in this region. Moreover, construction and infrastructure are one of the major consumers of the metal market are expected to grow at a considerable CAGR of 5.81%.

Browse the market data and information spread across 83 pages with 49 data tables and 20 figures of the report “India Metal Treatment Chemical Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/india-metal-treatment-chemical-market-5199

Industry News:

January, 2018 Market research future will be publishing a cooked research report on “Indian Metal Treatment Chemical Market” that contains the information from 2016 to 2023. Indian metal treatment chemical market is expected to grow at a CAGR 5.68% during the forecast period of 2017 to 2023.