Formulated into two types, Oil Soluble and Water Soluble, Metal Deactivators are variants of fuel
additives and oil additives that are used to stabilize fluids by disabling
metal ions to make them inactive as oxidation catalysts. They as well help to
deactivate the transition metals which act as impurities in some mineral
fillers and inorganic pigments.
Though there are numerous applications of this market, the quantity
of usage in each is noted to be less which is expected to cause the overall
market for Metal Deactivators to be
stagnant globally.
IndustryARC suggests that the total market shall grow at a 5.3% CAGR during the forecast period, 2015-2020 to reach $207 Million with APAC region
exhibiting the fastest growth.
To Know More about “Metal
Deactivator Market”, Follow the Below Report Link:
MARKET TRENDS:
Prominent Industries
and Applications:
One of the most critical applications is noted to be that,
it is used where plastics are in direct contact with the metal surfaces like
wire and cable insulation and molded parts having metal inserts. Refineries and
Metal Working are observed to be the top applications of this market.
The major industries where this market views itself
applicable are:
·
Industrial
·
Automotive
·
Aviation
·
Food & Agriculture
Region Analysis of
the Global Market:
2014 witnessed America and Europe as the largest volume wise
contributors and revenue generators for the overall Metal Deactivators Market.
But according to latest market study, Asia-Pacific and the Middle East &
African regions are expected to be to be the major consumers during the
observation period. Asia-Pacific is estimated to grow at a CAGR of 6.6% while
the Middle East & African regions are estimated to grow at a CAGR of 6.9%.
Market Driving
Factors:
The key factors for the global demand are noted to be, the
growing number of passenger cars in Asia-Pacific, increased disposable income
and strict emission regulations in regions such as America and Europe.
Additionally, the dominant applications of metal deactivators, especially in
the oilfields and refineries will boost this segment further in the overall
market.
REPORT SCOPE:
Market Segmentation:
The Metal Deactivator Market is segmented into 4 types
broadly with further segmentations under the same. The factors based on which
the main classification is made are as follows:
1.
By Metals: Copper, Aluminum, Alloys and Others.
2.
By Formulation: Water Soluble and Oil Soluble.
3.
By End Use Industry: Industrial, Automotive,
Aviation Jet Fuels, Polymer and Food & Agriculture.
4.
By Geography: Americas, Europe, APAC and Middle
East & Africa.
Key Market Players:
Few notable competitors of this market which are studied and
analyzed in this research report by market research experts of IndustryARC are:
·
BASF SE
·
Innospec Inc.
·
Afton Chemical Corporation
·
Dorf Ketal India Pvt. Ltd.
·
Vanderbilt Chemicals, LLC
·
Clariant AG
For More Knowledge on
“Metal Deactivator Market”, Contact Our Analyst @ http://www.industryarc.com/inquiry-before-buying.php?id=7510
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