Global Pickling Chemicals Market Poised for Strong Growth with a 5.3% CAGR by the end of 2033

The global pickling chemicals market is projected to exhibit a steady growth trajectory, with a forecasted Compound Annual Growth Rate (CAGR) of 5.3% to achieve a market value of US$ 1,647.54 million by the conclusion of 2033. By the end of 2023, the market is anticipated to reach a valuation of US$ 983 million, reflecting its ongoing expansion and significance within the chemical industry.

Pickling chemicals play a crucial role in various industries by facilitating the removal of scale, rust, and other impurities from metal surfaces. These chemicals are instrumental in ensuring the longevity and performance of metal products while also enhancing their aesthetic appeal. The global pickling chemicals market has witnessed steady growth over the years, owing to the increasing demand from industries such as automotive, construction, and manufacturing.

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Key Drivers of the Pickling Chemicals Market

  1. Growth in End-user Industries: Industries like automotive, construction, and manufacturing heavily rely on metal components. The expansion of these sectors, driven by factors such as urbanization and industrialization, boosts the demand for pickling chemicals.
  2. Increasing Infrastructure Development: Ongoing infrastructure development projects worldwide, including bridges, highways, and railways, require corrosion-resistant and aesthetically appealing metal structures. Pickling chemicals help achieve these qualities.
  3. Rising Demand for Stainless Steel: Stainless steel, widely used in various applications due to its corrosion resistance, relies on pickling processes for surface preparation, further driving the pickling chemicals market.
  4. Regulatory Compliance: Stringent environmental regulations have led to the development of eco-friendly pickling chemicals, which are in demand due to their reduced environmental impact.

Key Players for the Global Pickling Chemicals Market

  • Callington Haven Pty Ltd.
  • Wilhelmsen
  • Avesta Finishing Chemicals
  • Quaker Chemical Corporation
  • Chemtex Specialty Limited
  • Böhler Welding
  • BASF SE
  • Surface Innovation LLP
  • Septimo Chemicals pvt. Ltd.
  • Hereford & Shropshire Galvanizers
  • Lakum-KTL
  • Yau Sang Galvanizers (Hot-Dip) Company Limited

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Market Segments for the Global Pickling Chemicals Market

Globally the diverse market of pickling chemicals can be segmented on the basis of form, process and end-use sector

Form:

  • Aqueous solution
  • Paste or gel
  • Concentrated solution

End Use Sector:

  • Steel and Metallurgy
  • Steel and Metal Recycling Industries
  • Industrial Chemical
  • Food & Beverages
  • Water or waste water treatment Equipment
  • Electroplating
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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