Report Code: A15581 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Passivating Agents Market
Request Now !Passivation is a corrosion-prevention metal finishing technique. The passivation process in stainless steel removes free iron from the surface by using nitric acid or citric acid. The chemical treatment creates a protective oxide layer that makes it less probable for air to react chemically and cause corrosion. During CMP, passivation agents are utilised to selectively remove a certain substance from a mixture of materials.
After the step height structure of SiO2 is planarized, polishing on the Si3N4 layer is halted using STI CMP. By decreasing the reactivity of the metals, passivating chemicals provide temporary protection to stainless steel components and parts. When passivating chemicals are used, they slow down the rate of corrosion on the tools and equipment's surfaces.
COVID-19 Impact analysis
The COVID-19 epidemic has thrown a halt to a variety of enterprises and industries around the world. This has had a negative influence on the passivating agents business. During the COVID-19 pandemic, however, there is a ray of hope for the passivating agents market. The SARS-CoV-2 pandemic caused governments around the world to issue stay-at-home directives. Because of this instruction, many people around the world have decided to stay at home. COVID-19 has had a three-fold influence on passivating agents: directly influencing production and demand, disrupting supply chains and marketplaces, and having a financial impact on enterprises and financial markets.
Top Impacting Factors
Although stainless steel has intrinsic corrosion resistance properties, the use of passivating chemicals helps to increase its efficiency in a cost-effective manner. The demand for passivating agents is growing in areas where metal parts are manufactured by machining or cold forming, which might result in surface degradation if basic safeguards are not taken. The market for passivating agents is also fuelled by industries where components or equipment meets flammable substances. Because of the increased building of large refineries, the passivating agents market is likely to stay dominant over the forecast period. However, because the use of passivating agents containing chrome VI compounds is prohibited for electrical and electronic consumer goods, passenger cars, and commercial vehicles weighing less than 10,000 pounds, it is projected to have only a minor impact on the passivating agent’s business.
Market Trends
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Passivating Agents Market Report Highlights
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Key Market Players | Delstar Metal Finishing, Bunge Amorphic Solutions, CONDOROIL CHEMICAL, Greensolv, Xi’an Wonder Energy Chemical, RME MIDDLE EAST FZCO, Pragochema Spol, Sartorelli Depurazione, Avesta Finishing Chemicals, Chemetall |
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