Pickling Chemicals Market size was over USD 1.06 billion in 2024 and is anticipated to cross USD 2.05 billion by 2037, growing at more than 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of pickling chemicals is estimated at USD 1.1 billion. The escalating demand from industries like steel, automotive, and electronics is driving the growth of the market. As manufacturing activities expand globally, the need for effective metal surface treatment to enhance corrosion resistance and product quality becomes paramount. As observed by Research Nester analysts, the manufacturing sector contributed USD 6 trillion, or 17 %, to the global GDP of USD 39 trillion in 2019. Pickling chemicals play a vital role in preparing metal surfaces, driving their increased adoption. Additionally, the emphasis on environmentally sustainable formulations, technological advancements, and stringent quality standards further propels pickling chemicals market growth, positioning pickling chemicals as essential solutions for diverse industrial applications and contributing to the overall economic development of key sectors.
Furthermore, Industrial and manufacturing processes often involve the use of metals that require surface treatment for enhanced quality and performance. With the ongoing trend of industrialization and the establishment of new manufacturing facilities worldwide, the demand for pickling chemicals is expected to increase.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.2% |
|
Base Year Market Size (2024) |
USD 1.06 billion |
|
Forecast Year Market Size (2037) |
USD 2.05 billion |
|
Regional Scope |
|
Form (Aqueous solution, Paste or gel, Concentrated solution)
Aqueous solution segment is estimated to hold 56% share of the global pickling chemicals market by 2037. Aqueous solutions offer advantages such as ease of application, uniform coverage, and reduced environmental impact compared to other forms. Industries, especially in metal processing, automotive, and construction, prefer aqueous pickling solutions due to their efficiency in removing impurities and scales from metal surfaces while aligning with environmental regulations. The aqueous solutions' versatility, cost-effectiveness, and compatibility with various metals contribute to its dominance in the market.
Application (Steel and Metallurgy, Steel and Metal recycling Industries, Industrial Chemical, Food & Beverages, Waste water Treatment Equipment, Electroplating)
The steel and metallurgy segment are estimated to hold a major revenue share in the global pickling chemicals market. This dominance is attributed to the extensive use of pickling chemicals in the surface treatment of metals, particularly steel, to remove impurities and enhance corrosion resistance. As the steel industry continues to grow globally, driven by infrastructure development and manufacturing demands, the demand for pickling chemicals remains high. As analyzed by Research Nester analyts the chemical surface treatment industry garnered a revenue of around USD 10 billion. The critical role of pickling in preparing metals for various applications within the steel and metallurgy sector positions it as the leading end-user segment in the market.
Our in-depth analysis of the global pickling chemicals market includes the following segments:
|
Form |
|
|
Application |
|
APAC Market Forecast
Asia Pacific industry is expected to account for largest revenue share of 38% by 2037. The region witnessed remarkable growth, propelled by rapid industrialization and robust expansion of manufacturing activities across the region. With key contributors such as China, India, and Japan, the demand for pickling chemicals has surged in tandem with the flourishing automotive, construction, and electronics sectors. Nearly half of APAC manufacturers (44%) want to implement smart manufacturing in the upcoming year, with China (80%), Australia (60%) and India (59%) already utilizing some of its components. As these industries continue to scale up production, the need for efficient metal surface treatment becomes pivotal, driving the uptake of pickling chemicals. Moreover, the Asia Pacific region’s increasing focus on infrastructure development and urbanization further bolsters the demand for pickling chemicals in construction applications. While the market benefits from these growth factors, challenges include navigating environmental regulations and fostering sustainable practices. As the Asia Pacific region remains a global manufacturing hub, the market is poised for sustained expansion, supported by ongoing technological advancements and the continual pursuit of high-quality metal products.
North American Market Statistics
North American pickling chemicals market is set to exhibit significant revenue share, propelled by the thriving industrial and manufacturing sectors in the region. The automotive and construction industries, in particular, have been significant contributors to the escalating demand for pickling chemicals, which are essential for the surface treatment of metal components. The market has seen a surge in innovation, with a focus on eco-friendly formulations and advanced pickling technologies to align with stringent environmental regulations. Additionally, the increased emphasis on corrosion prevention and maintenance of metal quality has further driven the adoption of pickling chemicals. Despite these conditions, challenges such as fluctuating raw material costs and the need for continual advancements in safety standards persist. Overall, the North American Market remains dynamic, and poised for sustained growth as industries prioritize quality surface treatments to meet evolving consumer demands and regulatory standards.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?