Global Stainless Steel Passivation Agent Market Research Report 2022

SKU ID : QYR-21442264 | Publishing Date : 10-Aug-2022 | No. of pages : 98

The common types of passivating agents, for the chemical treatment of stainless steel in order to offer corrosion resistance, are available as organic oils, inorganic chemical passivates and passivating agent films. It is widely used for the coil coating process in steel industries. The passivating agents offer temporary protection to components and parts machined of stainless steel by reducing the reaction of the metals. The passivating agents when applied, slowdown the corrosion rate on the surface of the respective tools and equipment.
Market Analysis and Insights: Global Stainless Steel Passivation Agent Market
Due to the COVID-19 pandemic, the global Stainless Steel Passivation Agent market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Nitric Acid accounting for % of the Stainless Steel Passivation Agent global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Petrochemical Industry segment is altered to an % CAGR throughout this forecast period.
North America Stainless Steel Passivation Agent market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Stainless Steel Passivation Agent include EnPro Industries, Astro Pak, Solvay, Chemetall Group, Condoroil Chemical, Henkel, Delstar Metal Finishing, Pragochema Spol and Greensolv, etc. In terms of revenue, the global 3 largest players have a % market share of Stainless Steel Passivation Agent in 2021.
Global Stainless Steel Passivation Agent Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Stainless Steel Passivation Agent Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Nitric Acid
Citric Acid
Chromate
Red Lead
Calcium Plumbate
Others
Segment by Application
Petrochemical Industry
Refinery Industry
Automobile Industries
Hydrogen Plants
Sea Water Applications
Nuclear Plants
Others
By Company
EnPro Industries
Astro Pak
Solvay
Chemetall Group
Condoroil Chemical
Henkel
Delstar Metal Finishing
Pragochema Spol
Greensolv
Sartorelli Depurazione
Avesta Finishing Chemicals
Bunge Amorphic Solutions
Xinchang Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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