70 likes | 114 Views
The Global Metal Deactivator market by various regions contributed a revenue of $177.5 million in 2017 and is expected to grow with a CAGR of 5.3% during the forecast period 2018 – 2023.
E N D
The global Metal Deactivator Market value contributed a revenue of $177.5 million in 2017, is expected to grow at a CAGR of 5.3% during forecast 2018–2023.
America region recorded highest revenue of $55.4 million in 2017, and projected to reach $68.57 million by 2023, followed by Europe, owing to the presence of numerous metal deactivator additives providers and end-users, especially industrial and automotive sectors. Moreover, America accounts for the highest number of oil refineries, which is also a major application area for MDA. Europe holds the second major share, followed by Middle East and Africa and Asia-Pacific. In terms of growth rate, Middle East and Africa is projected to register highest growth rate of 6.9% CAGR, followed by Asia-Pacific and Europe. Contact : sales@industryarc.com
Selected / Sample Analysis Done in the Full Report: Over the past decade, Metal deactivator additive have been deriving its application from various end user industries such as automotive, industrial, polymers, construction and many more. MDA are developed to encapsulate the dissolved metal ions. The emerging economies such as China, Japan, Brazil, and Russia hold a significant growth potential for MDA market. Construction is one of the fastest growing industries worldwide. This employs a substantial growth in the MDA market as well. Contact : sales@industryarc.com
Excerpts on Market Growth Factors Mentioned in the Full Report: • The Metal Deactivators market is driven by the need for more enhanced lubricants which has risen out of demands from consumers as well as end-user industries, such as improved fuel efficiency and improved vehicular and equipment operations. • At present, higher spending from consumers is driving up the sale of light and heavy-duty vehicles. Moreover, higher sale of automobiles will lead to high consumption of fuels as well as lubricants, and consecutively higher usage of metal deactivator additives. Contact : sales@industryarc.com
Key Players of the Metal DeactivatorMarket Vanderbilt Chemicals Rhein Chemie And more Download Sample Report Contact : sales@industryarc.com
You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com
About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com