Metal Deactivator Market Revenue, Spurred by Oilfield & Refinery Demand, Set to Exceed the $210 Million Mark After 2020
The report “Metal Deactivator Market: By Metals (Copper, Aluminum, Alloys & Others), By Formulation (Water based & Oil based), By End-User Industry (Industrial, Automotive, Aviation Jet Fuel, Polymers, Food & Agriculture) & By Geography - Forecast (2016-2022)”, published by IndustryARC, estimates that the market will exhibit a CAGR of 5.3% till at least 2020.
A metal deactivator can be described as a part of fuel additives or gasoline additives that are utilized to make fluids stable through the deactivation of metal ions. Some other properties of a metal deactivator include acting as a dry lubricant, adhesion promoter and corrosion inhibitor.
Metal deactivator are a type of chemical products that also go about serving their function by neutralizing any transition metals present. Such transition metals usually act as impurities in organic pigments.
The function of a lubricant popped up when it was found to be very good at handling the contact between plastics and metal surfaces.Thus, the Metal Deactivator Market is well placed to register decent growth during the forecast period of 2016-2022.
Scope & Regional Forecast of the Metal Deactivator Market
The Metal Deactivator Market revenue is expected to exceed the $210 Million mark, accompanied by a CAGR of 5.3%, after 2020. This is expected to be primarily fuelled by industry demand for enhanced efficiency from fuel systems as well as machinery. Lubricant additives are also used by a wide variety of industry verticals like aviation, automotive, food & agriculture,.
These segments have a critical need for application in jet fuel, refineries like oil, food packaging,. Oil refineries and metal works are segments that stand out in terms of market demand.
The Metal Deactivator Market expects Asia-Pacific to make room for itself as the fastest growing region during the forecast period owing to an expansion in installation of automotive and industrial facilities. Some other prime growth drivers are rising demand for automobiles in Asia-Pacific, a growth in disposable income and tightening emission regulations across the world.
Segmentations & Key Players Involved in the Metal Deactivator Market
The Metal Deactivator Market can be broken down into various segmentations on the basis of -
Metal: Copper, Aluminum, Alloys and Others.
Formulation: Water Soluble MDA and Oil Soluble MDA.
End-User Industry: Industrial, Automotive, Aviation, Polymers (Wire & Cable, Plastics) and Food & Agriculture.
Geographical Location: Americas, Europe, Asia-Pacific and Middle-East & Africa.
Some of the key players involved in the Metal Deactivator Market are as follows:
Songwon Industrial Co.
Afton Chemical Corporation
Dorf Ketal India Pvt. Ltd.
Vanderbilt Chemicals, LLC
LANXESS AG – Rhein Chemie
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* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2022, to assess how the market will develop.
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