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Additionally, one of the most critical application of metal deactivators is that, it is used where plastics are in direct interaction with the metal surfaces like cable and wire insulations and molded parts having metal inserts.
Global Metal Deactivators Market: Dynamics
Metals mainly copper, non-ferric alloys and aluminum are applicable in various industrial applications. Therefore high usage of these metals in industrial application is highlighting on the need of additives to neutralize the harmful effects of corrosion and staining. Moreover, growing industrialization has accelerated the use of lubricants to withstand efficiency of the machineries, which has uplifted the market growth by generating many end users from automation, food & agriculture, aviation and polymer industries. Additionally, the dominant applications of metal deactivators, especially in the oilfields and refineries will boost the overall market of metal deactivators.
Availability of raw materials coupled with quantity of usage in applications restrains the metal deactivators market. Additionally, rapid growth in polymer industries and automation is expected to provide beneficial opportunities for investors and manufacturers.
Global Metal Deactivators Market: Regional Outlook
North America and Western Europe predominantly contributes in the metal deactivators market, with wide applications in automotive sectors, polymer industries and oil refineries. Moreover, developing regions such as Asia-Pacific, Middle East and Africa are anticipated to witness significant growth, owing to the continuous growth of end-user industries such as automotive, aviation and others. The key factors responsible for the rising demand of metal deactivators are, the growing number of automobiles in Asia-Pacific region.
Global Metal Deactivators Market: Market Participants
Some of the main manufacturers of metal deactivators are mainly
- The Lubrizol Corporation
- Adeka Corporation
- BASF SE
- Vanderbilt Chemicals LLC
- Innospec Inc.
- Rhein Chemie
- Clariant AG
- Dorf ketal chemicals pvt ltd
- Afton Chemical Corporation
- Mayzo
- Du Pont
- BLS Metadeact
- Metall-Chemie
- Schäfer Additivsysteme GmbH
- Monson Companies
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Global Metal Deactivators Market: Segmentation
Global metal deactivators market can be segmented on the basis of metal type, by formulation, by end user industry and by region.
On the basis of Metal type, segmentation of global metal deactivators market can be done as
- Copper
- Aluminum
- Alloys
- Others
On the basis of Formulation, segmentation of global metal deactivators market can be done as
- Oil based
- Water based
On the basis of end user industry, segmentation of global metal deactivators market can be done as
- Automotive
- Polymers
- Industrial
- Aviation Jet Fuel
- Food & Agriculture
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