Market Overview:
The global polishing chemicals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polished products in various applications, such as jewelry, automotive, architecture & construction, metal manufacturing and others. In terms of type, the metal polishing chemicals segment is expected to lead the global polishing chemicals market during the forecast period. This can be attributed to factors such as rising demand for polished metals in various end-use industries and increasing awareness about benefits of using metal polish over other alternatives.
Product Definition:
A polishing chemical is a liquid or paste that is used to clean and polish metal surfaces. They are usually applied with a cloth or brush, and then buffed to a shine. Polishing chemicals can remove oxidation, tarnish, and other surface defects from metal surfaces. They may also leave a protective coating on the surface that helps prevent future corrosion.
Metal Polishing Chemicals:
Metal polishing chemicals are used in the metal finishing industry for removing oxides and scratches from metals. Metal polishing chemicals include acid, alkali, abrasive and non-abrasive cleaners among others. Polishing chemical market is segmented on the basis of application into automotive & transportation, aerospace & defense, electronics & electrical and industrial applications among others.
Glass Polishing Chemicals:
Glass polishing chemicals are used in the glass polishing industry to remove defects from glass products. Polishing chemicals include compounds and organic solvents that are applied on the surface of a piece of glass with the objective of bringing back its original appearance. Glass polishing chemicals can be classified as per their applications into hard, soft, and specialty glasses.
Application Insights:
The global polishing chemicals market by application is segmented into jewelry, automotive, architecture and construction, metal manufacturing, medical devices and other applications. The jewelry industry was the largest consumer of polishing chemicals in 2015. This can be attributed to the rising demand for luxury products across the globe coupled with growing middle-class population that can afford such products.
The architectural and construction industry is expected to witness significant growth over the forecast period owing to increasing infrastructure development projects across various regions of the world including Asia Pacific and Middle East & Africa. These projects require a large number of glass panels for constructing buildings or bridges which are subsequently polished using glass polishing chemical compounds in order to enhance their aesthetic value as well as provide a smooth surface finish on them.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand from countries such as China, India, Japan and South Korea. In 2017, Asia Pacific accounted for a share of more than 50% in terms of consumption and is anticipated to grow at a CAGR close to 7% during the forecast period.
The growing manufacturing sector in these countries coupled with rising investments in infrastructure development by various governments are likely to drive polishing chemicals demand further. For instance, according to OICA 2018 statistics; global investment volume for construction spending was estimated at USD X trillion which includes public & private investments worth USD X billion (OECD 2016).
Growth Factors:
- Increasing demand from automotive and aerospace industries for high-quality surface finishes
- Growing popularity of nanotechnology and its applications in polishing chemicals
- Rising investments in research and development for new polishing technologies and products
- Proliferation of online shopping platforms that offer a wide range of polishing chemicals at competitive prices
- Emergence of "green" or environmentally friendly polishing chemicals that are non-toxic, biodegradable, and safe to use
Scope Of The Report
Report Attributes
Report Details
Report Title
Polishing Chemicals Market Research Report
By Type
Metal Polishing Chemicals, Glass Polishing Chemicals, Diamond Polishing Chemicals
By Application
Jewelry, Automotive, Architecture & Construction, Metal Manufacturing, Others
By Companies
Suzhou MGC Suhua Peroxide, Kenal Chemicals, Chrome Star Chemicals Works, Hitachi Chemicals Electronic Materials, 3M, Huzhou Shuanglin Hengxing Polishing Equipment Factory, Helwan Chem, Hubbard Hall, MITSUBISHI GAS CHEMICAL COMPANY, INC.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Polishing Chemicals Market Report Segments:
The global Polishing Chemicals market is segmented on the basis of:
Types
Metal Polishing Chemicals, Glass Polishing Chemicals, Diamond Polishing Chemicals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Jewelry, Automotive, Architecture & Construction, Metal Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Suzhou MGC Suhua Peroxide
- Kenal Chemicals
- Chrome Star Chemicals Works
- Hitachi Chemicals Electronic Materials
- 3M
- Huzhou Shuanglin Hengxing Polishing Equipment Factory
- Helwan Chem
- Hubbard Hall
- MITSUBISHI GAS CHEMICAL COMPANY, INC.
Highlights of The Polishing Chemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Polishing Chemicals
- Glass Polishing Chemicals
- Diamond Polishing Chemicals
- By Application:
- Jewelry
- Automotive
- Architecture & Construction
- Metal Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polishing Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polishing chemicals are a type of chemical that is used to remove scratches or other imperfections from a surface.
Some of the key players operating in the polishing chemicals market are Suzhou MGC Suhua Peroxide, Kenal Chemicals, Chrome Star Chemicals Works, Hitachi Chemicals Electronic Materials, 3M, Huzhou Shuanglin Hengxing Polishing Equipment Factory, Helwan Chem, Hubbard Hall, MITSUBISHI GAS CHEMICAL COMPANY, INC..
The polishing chemicals market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polishing Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polishing Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polishing Chemicals Market - Supply Chain
4.5. Global Polishing Chemicals Market Forecast
4.5.1. Polishing Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polishing Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polishing Chemicals Market Absolute $ Opportunity
5. Global Polishing Chemicals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polishing Chemicals Market Size and Volume Forecast by Type
5.3.1. Metal Polishing Chemicals
5.3.2. Glass Polishing Chemicals
5.3.3. Diamond Polishing Chemicals
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polishing Chemicals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polishing Chemicals Market Size and Volume Forecast by Application
6.3.1. Jewelry
6.3.2. Automotive
6.3.3. Architecture & Construction
6.3.4. Metal Manufacturing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polishing Chemicals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polishing Chemicals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polishing Chemicals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polishing Chemicals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polishing Chemicals Demand Share Forecast, 2019-2026
9. North America Polishing Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polishing Chemicals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polishing Chemicals Market Size and Volume Forecast by Application
9.4.1. Jewelry
9.4.2. Automotive
9.4.3. Architecture & Construction
9.4.4. Metal Manufacturing
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polishing Chemicals Market Size and Volume Forecast by Type
9.7.1. Metal Polishing Chemicals
9.7.2. Glass Polishing Chemicals
9.7.3. Diamond Polishing Chemicals
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polishing Chemicals Demand Share Forecast, 2019-2026
10. Latin America Polishing Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polishing Chemicals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polishing Chemicals Market Size and Volume Forecast by Application
10.4.1. Jewelry
10.4.2. Automotive
10.4.3. Architecture & Construction
10.4.4. Metal Manufacturing
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polishing Chemicals Market Size and Volume Forecast by Type
10.7.1. Metal Polishing Chemicals
10.7.2. Glass Polishing Chemicals
10.7.3. Diamond Polishing Chemicals
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polishing Chemicals Demand Share Forecast, 2019-2026
11. Europe Polishing Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polishing Chemicals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polishing Chemicals Market Size and Volume Forecast by Application
11.4.1. Jewelry
11.4.2. Automotive
11.4.3. Architecture & Construction
11.4.4. Metal Manufacturing
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polishing Chemicals Market Size and Volume Forecast by Type
11.7.1. Metal Polishing Chemicals
11.7.2. Glass Polishing Chemicals
11.7.3. Diamond Polishing Chemicals
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polishing Chemicals Demand Share, 2019-2026
12. Asia Pacific Polishing Chemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polishing Chemicals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polishing Chemicals Market Size and Volume Forecast by Application
12.4.1. Jewelry
12.4.2. Automotive
12.4.3. Architecture & Construction
12.4.4. Metal Manufacturing
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polishing Chemicals Market Size and Volume Forecast by Type
12.7.1. Metal Polishing Chemicals
12.7.2. Glass Polishing Chemicals
12.7.3. Diamond Polishing Chemicals
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polishing Chemicals Demand Share, 2019-2026
13. Middle East & Africa Polishing Chemicals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polishing Chemicals Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polishing Chemicals Market Size and Volume Forecast by Application
13.4.1. Jewelry
13.4.2. Automotive
13.4.3. Architecture & Construction
13.4.4. Metal Manufacturing
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polishing Chemicals Market Size and Volume Forecast by Type
13.7.1. Metal Polishing Chemicals
13.7.2. Glass Polishing Chemicals
13.7.3. Diamond Polishing Chemicals
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polishing Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polishing Chemicals Market: Market Share Analysis
14.2. Polishing Chemicals Distributors and Customers
14.3. Polishing Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Suzhou MGC Suhua Peroxide
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kenal Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chrome Star Chemicals Works
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi Chemicals Electronic Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3M
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huzhou Shuanglin Hengxing Polishing Equipment Factory
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Helwan Chem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hubbard Hall
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MITSUBISHI GAS CHEMICAL COMPANY, INC.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook