A new report says that global metal finishing chemical market sales will top $8 billion by 2015.
Europe and the United States represent the largest markets for metal finishing chemicals worldwide, as stated by the new market research report “Metal Finishing Chemicals: A Global Strategic Business Report,” being sold by Global Industry Analysts Inc.
However, growth is expected to emanate from the Asia-Pacific market, which is forecasted to register a CAGR of more than 3 percent during the analysis period. Plating chemicals constitute the leading market segment. Galvanization and electroless plating technologies are expected to displace other processes such as chromium and cadmium electroplating. Cleaning Chemicals, including aqueous cleaners and oxygenated solvents, are all set to substitute chlorinated solvents, according to the report, which can be viewed HERE