Brass Cleaning Powder cleans, protects, preserves and restores the shine and luster to a variety of different surfaces and a gentle cleaner for tarnish removal without scratching.
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Brass Metal Industry is considered to be very important industry in India. Various articles made of brass are extensively used for religious and domestic purposes alike. Moreover, images of Gods and Goddesses made of brass are worshipped throughout the country. Thus, Brass Metal Products are both of utilitarian and aesthetic value.
The Brass metal industry is one of the Oldest Surviving Industries in India. Thus, Brass Cleaning Powder Businesses here will always going to be a profitable one.
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Brass Cleaning Powder Business: Regional Growth:
India Cleaning Chemicals Market stood at $ 2,388 million in 2016, and is projected to grow at a CAGR of 15% in value terms to reach $ 9,655 million by the end of 2026.
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Moreover, the Global Market for Metal Powder witnessed rapid growth in 2013, and is projected to grow at a CAGR of 3.80% during the forecast period, that is, from 2015 to 2020, to reach USD 4,062.2 Million by 2020. The Asia-Pacific Region is the fastest-growing market with the highest CAGR of 5.01% during the forecast period.
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This market is driven by:-
- increasing competition,
-consumer awareness,
-rising consumer spending,
-demand for powder metallurgy manufactured components, and
-technological advancements
North America accounted for around 40.4% of the total market share in terms of value, followed by the Europe and Asia-Pacific. The Market for Metal Powder in Developing Countries such as China and India are estimated to grow at a relatively higher rate from 2015 to 2020. China is estimated to grow faster than any other country because of its strong economic growth along with growing demand from End-User Industries and Rapid Urbanization.
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High Demand for Metal Cleaners in Industries such as Manufacturing and Automotive & Aerospace is a major factor driving the Growth of the Industrial Cleaning Market.
Major Brass Cleaning Powders in Global Market:
· Brasso
· Touch shine Shining Powder
· Pitambari Powder
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Reasons of Growth:
- Major Factors Driving the Market are increasing Demand from Manufacturing Industries and growing concern toward Industrial Cleaning and Maintenance.
- Stringent Environmental Regulations and the impact of COVID-19 Pandemic are expected to hinder the growth of the market.
- Brass used up on everything from lamps and vases to coffee tables and flatware.
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- From door knockers and switch plates to bathroom fixates, furniture, utensils to lamps, brass is used extensively. Brass is a corrosion resistant because of its Bright Gold Color; it is one of the Most Popular Decorative and Home Furnishing Materials in the world.
- Just like any other Metal, brass also tends to become tarnished and dull over time. So, Brass Cleaning Powder can easily clean Brass Items and polish brass to let them shine as bright as they can and make them look as good as new.
Conclusion:
Niir Project Consultancy Services (NPCS) provides detailed project reports, Books, Business Plan for Manufacturing Plant, Start-up Ideas, and Business Ideas for Entrepreneurs, etc. You can also get the detailed project report on “Brass Cleaning Powder”. All the project reports given are based on reliable data & analysis of market. There is also availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements as per you need.