Transparency Market Research in its new report titled, “Metal Deactivators Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the metal deactivators market. The TMR report states that the Increasing usage of non-ferrous metals such as aluminum alloys and copper in various industries will drive the metal deactivators market during the forecast period i.e, 2018-2026. This growing usage, as per the report, is placing more prominence on the need for metal deactivators in order to minimize negative effects such as corrosion and staining. Several additive types exists in lubricants and fuels, which are utilized as metal deactivators. Traditional additive types include nitrogen-based additives such as azoles, aromatic triazoles, and substituted thiadiazoles, says the report.
The report has split the global metal deactivators market based on formulation, end-use, and region. In accordance with formulation, the metal deactivators market is classified into oil-based and water-based. Typical applications of a water-based metal deactivator include antifreeze or engine coolant, surface cleaners, emulsions, polish formulations, high water-based hydraulic fluids (HFA), water glycol hydraulic fluids (HFC), etc. Oil-based metal deactivators are effective in protecting copper, copper alloys, cobalt, cadmium, zinc, and silver. They can be utilized in lubricants, metal working fluids, and greases. The water-based segment is expected to hold a major share of the market due to its low price and high efficiency.
Based on end-use, the Metal Deactivators Market is divided into automotive, industrial, polymers, aviation, food & agriculture, and others. Metal deactivators are a highly effective solution for eliminating the catalytic effect of metals. They stabilize fuels in several applications. In gasoline, they eliminate gum formation, extend antioxidant effectiveness, and insure against copper contamination. In middle distillates, metal deactivators improve fuel oil compatibility and color stability. In aviation fuels, metal deactivators improve stability and acts as a stabilizer. The industrial application segment is expected to hold a major share of the metal deactivators market, as per the TMR analyst.
From a geographical perspective, the global metal deactivators market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The developed nations predominantly contribute to the metal deactivators market owing to the high industrialization rate and expansion of polymer, automotive, and aviation sectors in these nations. Asia Pacific is expected to be a lucrative market due to the expansion of end-use industries in the region. The market in Latin America and Middle East & Africa is expected to expand at a sluggish pace due to the recent economic crisis witnessed in these regions. Rapid industrialization in developing nations and expanding end-use industries such as automotive, aviation, and polymers are likely to boost the global metal deactivators market.
Prominent players operating in the global metal deactivators market are profiled in this report to give a better competitive analysis and these include, Innospec Inc., BASF SE, Adeka Corporation, Dorf Ketal, PMC Specialties Group, Inc., Afton Chemical Corp, The Lubrizol Corp, R.T.Vanderbilt Co., Inc., and Clariant AG.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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