Global Metal Deactivators Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 2,205.00 Million |
Market Size (Forecast Year) |
USD 3,257.78 Million |
CAGR |
|
Major Markets Players |
Global Metal Deactivators Market, By Metal (Copper, Aluminum, Alloys, and Others) by Formulation (Oil and Water Based), End User Industry (Industrial, Automotive, Aviation, Food and Agriculture, Polymers, and Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Metal deactivators facilitate reducing the costs expenditure for industrial processes and applications by using in in small quantities with varied applications. Metal deactivators are used in retarding the formation of gummy residues in substances that have the traces of metals. Further, metal deactivators come in handy in the substances that have such metal traces resulting in accelerating the rate of oxidation in lubricants and fuels.
- Data Bridge Market Research analyses that the metal deactivator’s market value, which was USD 2205 million in 2021, is expected to reach the value of USD 3,257.78 million by 2029, at a CAGR of 5.00% during the forecast period of 2022 to 2029. "Industrial" accounts for the most prominent end user industry segment in the respective market owing to the growing urbanization and growing number of industries in the developing economies. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Metal deactivators are the specialty chemicals or additives that are used as efficient & highly effective solutions with an aim to neutralize the catalyst effect. Metal deactivators are special phenolic antioxidants that are used to deactivate the metal ions and accelerate the oxidation of plastics. The metal deactivators are oil and fuel based additives that are used for a wide range of industrial applications.
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Metal (Copper, Aluminum, Alloys, and Others) by Formulation (Oil and Water Based), End User Industry (Industrial, Automotive, Aviation, Food and Agriculture, Polymers, and Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Akrochem Corporation, Akzo Nobel N.V., Arkema, BEHN MEYER, Eastman Chemical Company, LANXESS, Struktol Company of America, LLC, Thomas Swan & Co. Ltd., LUMITOS AG, Wacker Chemie AG, Velox Solutions Pvt. Ltd., IMCD N.V., BASF SE, Solvay, China Petrochemical Corporation, Emery Oleochemicals, R.T. Vanderbilt Holding Company, Inc., NOCIL LIMITED., Solvay, The Lubrizol Corporation, Von Bundit Co., Ltd. and LG Chem. |
COVID-19 had a Negative Impact on Metal Deactivators Market
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. Several countries such as China, India, Brazil and many more imposed lockdown in this face which led to the shutdown of production and manufacturing facilities. The same applies to the metal deactivators market. Supply chain of numerous manufacturing units was adversely affected in this period leading to a major drop in the revenues and profits. However, with the increasing relaxations, a rise in import and export is significantly expected. Respective governing authorities are beginning to lift these enforced lockdowns which is a positive sign for the market.
The Market Dynamics of the Metal Deactivators Market Include
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Industrial activities influenced the market growth
Growth in the rate of industrial processes and activities is widening the scope of growth for the market. Increase demand in various industrial applications for metals like aluminum, non-ferric alloys, and copper is directly influencing the market growth as metal deactivators help in preventing the degrading of lubricants and fuels.
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Growing awareness to direct the market demand and supply
Increased awareness about the benefits of metal deactivators is inducing increased demand and application by the small and medium scale enterprises. For example- metal deactivators minimize the galvanic corrosion that takes place between different metal alloys. This is a beneficial property.
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Rising research and development operations
Increased funding from federal government pertaining to the research and development proficiencies is also bolstering the growth of the market. Research and developmental operations directed towards sustainable development will ensure optimum and judicious use of resources, thereby improving the market value.
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Rise in the technological advancements
Rising technological advancements pertaining to the manufacturing technology is further inducing growth in the market value. Increasing number of technological advancements driven with a view to minimize the production costs and wastage coupled with growth in industrialization has increased the use of lubricants for sustaining the efficiency of machinery is further ensuring a bright future for the market.
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Surge in demand from the auto industry
Growing demand for metal deactivators by the automotive industry in the manufacturing of alloys has further proved to be a boon for the market. Furthermore, increasing use of nonferrous alloys in lubrication systems is propelling the market demand and supply. Growth in the production of automobiles will directly influence the growth of the rubber additives.
Restraints/Challenges faced by the Metal Deactivators Market
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Fluctuating prices
Fluctuations or volatility in the prices of raw materials and machinery equipment is posing a major threat to the growth of the market. Further, uneven availability of raw materials at one particular location is demeaning the growth of the market.
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High capital investment
Requirement of high capitals costs to invest in the relevant machinery and undertake operations is one of the biggest challenges for the market. Also, high machinery operating and maintenance costs will restrict the scope of growth. Going by the current global recession trends, there is bound to be a dent in the market growth rate. Also, high costs associated with research and development proficiencies will further derail the market growth rate.
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Norms, standards and regulations
Imposition of stringent regulations by the government on a wide range of industrial applications will further slowdown the market growth rate. Lack of standardization norms will further worsen the market situation.
This metal deactivators market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metal deactivators market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Global Metal Deactivators Market Scope
The metal deactivators market is segmented on the basis of metal, formulation and end user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Metal
- Copper
- Aluminum
- Alloys
- Others
On the basis of metal, the metal deactivators market is segmented into copper, aluminum, alloys, and others.
Formulation
- Oil
- Water Based
On the basis of formulation, the metal deactivators market is segmented into oil and water based.
End User Industry
- Industrial
- Automotive
- Aviation
- Food and Agriculture
- Polymers
- Others
On the basis of end user industry, the metal deactivators market is derived into industrial, automotive, aviation, food and agriculture, polymers, and others.
Metal Deactivators Market Regional Analysis/Insights
The metal deactivators market is analyzed and market size insights and trends are provided by country, metal, formulation and end user industry as referenced above.
The countries covered in the metal deactivators market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominate the metal deactivators market because of the growth in automobile and polymer industries and establishment of assembling facilities in this region. Asia-Pacific region will score a good growth rate during the forecast period owing to the growing number of passenger cars in Asia-Pacific and increased disposable income.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metal Deactivators Market Share Analysis
The metal deactivator’s market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal deactivators market.
Some of the major players operating in the metal deactivators market are Innospec (U.S.), BASF SE (Germany), ADEKA CORPORATION (Japan), Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.), PMC Specialties Group (U.S.), Afton Chemical (U.S.), The Lubrizol Corporation (U.S.), R.T. Vanderbilt Holding Company, Inc. (U.S.), Clariant (Switzerland), LANXESS (Germany), Mayzo, Inc. (U.S.), DuPont (U.S.), Dow (U.S.), Solvay (Belgium), Metall-Chemie Holding GmbH (Germany), Schäfer-Additivsysteme GmbH (Germany), Azelis Americas, LLC (U.S.), Akzo Nobel N.V., (Netherlands), Arkema (France) and Eastman Chemical Company (U.S.) among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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