Global Stainless Steel Passivation Agent Market Insight
The Stainless Steel Passivation Agent is forecast to crazy increase over the next four years. According to the WK-chem Research “Global Stainless Steel Passivation Agent Professional Survey Report 2022, Forecast to 2027”, With the rapid improvement of Stainless steel equipment industry and the impact of the COVID-19, the Chemistry & Materials industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 5.10% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“The quality of stainless steel products is so good without the company of Stainless Steel Passivation Agent.” said Aggie, Senior analyst, Chemistry & Materials Market Research Center in WK-chem Research. “Reduce pollution during production to adapt to the rapid development of the market.”
Market insight:
The Stainless Steel Passivation Agent market is growing with the increase in stainless steel equipment manufacturing worldwide. Stainless Steel Passivation Agent is a must for the protection of stainless steel equipment. It chemically treats stainless steel to prevent corrosion of stainless steel. Using its properties, steel with more than 11% chromium content can form an invisible, inert or passive, self-healing layer on its surface. oxide film. It is this passivation layer that makes stainless steel corrosion-resistant, thereby reducing the reaction of the metal, providing temporary protection for parts and components machined from stainless steel, slowing the rate of corrosion on the surface of the corresponding tools and equipment, and extending the service life.
In an ideal application, stainless steel may not require passivation, and if the stainless steel surface is scratched, more chromium will be exposed, which will react with oxygen, causing the passivation layer to reform. However, if the carbon steel particles are embedded in the scratches, the passivation layer cannot reform, and corrosion can occur when the metal is wetted or exposed to a corrosive environment. Stainless Steel Passivation Agen can protect this, reduce costs and improve quality.
Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Stainless Steel Passivation Agent companies that include 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.
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Segmentation of Stainless Steel Passivation Agent Market:
According to the product classification, it can be divided into Nitric Acid, Citric Acid, Chromate, Red Lead, Calcium Plumbate, the most typical of which is treatment with citric acid passivation solution, which will remove surface contaminants but will not significantly affect the stainless steel itself. Citric Acid dominates the market of all types.
Depending on the application, the product can be used in Petrochemical Industry, Refinery Industry, Automobile Industries, Hydrogen Plants, Sea Water Applications, Nuclear Plants, and is widely used in areas where metal parts are manufactured by machining or cold forming. Construction continues to increase, and the application of this product in Refinery Industry occupies a major market.
Stainless Steel Passivation Agent Market: Regional Analysis
In terms of geography, the global Stainless Steel Passivation Agent market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.The passivating agents market is expected to remain dominant in Asia Pacific as most of the refineries are located in this region. India is one of the largest oil refineries in the world and is expected to create a strong opportunity for the passivator market over the forecast period. China is one of the important chemical producers and the passivator market is expected to witness significant growth over the forecast period. European countries are expected to witness strong growth in the passivator market owing to its substantial growth in the automotive segment. Furthermore, the United States and Middle Eastern countries are expected to provide significant opportunities for the development of the petrochemical refining segment throughout the forecast period.
Cagr: 5.10%
Largest share area：Asia Pacific
Largest share country：China
Product Type(by type)：Nitric Acid,Citric Acid,Chromate,Red Lead,Calcium PlumbateApplication：Petrochemical Industry,Refinery Industry,Automobile Industries,Hydrogen Plants,Sea Water Applications,Nuclear Plants
Leading Company：EnPro Industries,Astro Pak,Solvay,Chemetall Group,Condoroil Chemical