Global Chemical Surface Treatments Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 15.45 Billion |
Market Size (Forecast Year) |
USD 24.08 Billion |
CAGR |
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Major Markets Players |
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Global Chemical Surface Treatment Market Segmentation, By Product (Plating Chemicals, Conversion Coating, Activating Agents, Paint Strippers, Cleaners, Metal Working Fluids, Others), Base (Metals, Plastics, Wood, Others), Application (Metals Coloring, Corrosion Inhibitors, Post Treatment, Pretreatments Cleaners, Pretreatment Conditioners, Decorative, Planting, Others), End-User (Building and Construction, Transportation, Aerospace and Defense, Non-Ferrous Metal, Household Appliances, General Industry, Industrial Machinery, Electronics, Paints and Coatings, Others) – Industry Trends and Forecast to 2031
Chemical Surface Treatment Market Analysis
The demand for wear and tear-resistant products has primarily increased within the infrastructure and industrial sectors. Moreover, the market has also witnessed development of the heavy machinery industry. Consequently these factors have accelerated the global surface treatment market expansion during the forecast period.
Chemical Surface Treatment Market Size
Global chemical surface treatment market size was valued at USD 15.45 billion in 2023 and is projected to reach USD 24.08 billion by 2031, with a CAGR of 5.70% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Chemical Surface Treatment Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Key Market Players |
Element Solutions Inc., (U.S.), NOF Corporation (Japan), Atotech (Germany), Henkel AG & Co. KGaA (Germany), Chemetall, Inc. (Germany), Nihon Parkerizing Co., Ltd. (Japan), and PPG Industries, Inc. (U.S.), Nippon Paint Holdings Co., Ltd. (Japan), Solvay (Belgium), OC Oerlikon Management AG (Switzerland), McGean-Rohco Inc. (U.S.), JCU CORPORATION (Japan), Platform Specialty Products Corporation (U.S.) and Quaker Chemical Corporation (U.S.) |
Market Opportunities |
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Chemical Surface Treatment Market Definition
Chemical surface treatment is the process of utilizing chemicals to change the surface of metal. This sort of surface treatment is typically utilized as a pre-treatment for further finishing procedures such as powder coating or anodizing. Chemical surface treatments include chemical polishing, chromatin/phosphating, and pickling. Chemical treatment improves aluminum corrosion. Chemical treatments are all characterized by exceedingly thin chemical conversion layers. The thickness of the layers typically ranges from 0.01 to 1.25 m. As a result, these layers are not acceptable for outdoor corrosion protection unless post-treatments are performed. However, they make an excellent undercoat for paints, aluminum and zinc coatings.
Chemical Surface Treatment Market Dynamics
Drivers
- Increased Demand Across End Users
Chemical surface treatment is being used more frequently in many end-use sectors, such as packaging, transportation, industrial machinery and construction, which is driving up the global chemical surface treatment market share. Chemical surface treatment products will benefit from increased demand for industrial machinery, which would improve the market for chemical surface treatment products. Rising car demand and a growing number of infrastructure projects in various emerging economies are likely to drive the chemical surface treatment market.
Furthermore, the fast expansion of industrialization will further propelled the growth rate of chemical surface treatment market. Additionally, the chemical surface treatment's numerous benefits such as electrical conductivity, corrosion resistance, wear-resistance and chemical resistance, are also largely creating demand, resulting in high growth of the market.
Opportunities
- Advancements and Initiatives
Furthermore, the advancements in heavy machinery extend profitable opportunities to the market players in the forecast period of 2024 to 2031. Additionally, the several initiatives undertaken by governments of various regions to attract investments from various companies will further expand the future growth of the chemical surface treatment market.
Restraints/Challenges
- Stringent Regulations
The stringent government guidelines regarding higher emission rates of volatile organic compounds (VOCs) during the procedure of chemical surface treatment will create hindrances for the growth of the chemical surface treatment market.
- Increased Operational Costs
Also, the high consumption of chemicals due to low quality increases operational cost are estimated to be a hurdle for the chemical surface treatment market. Therefore, this will challenge the chemical surface treatment market growth rate.
Moreover, the corroded and rusted parts require more chemicals, and a higher number of process increases overall cost, which is also expected to hamper the growth of the global chemical surface treatment market.
This chemical surface treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chemical surface treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Chemical Surface Treatment Market Scope
The chemical surface treatment market is segmented on the basis of product, base, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Plating Chemicals
- Conversion Coating
- Activating Agents
- Paint Strippers
- Cleaners
- Metal Working Fluids
- Others
Base
- Metals
- Plastics
- Wood
- Others
Application
- Metals Coloring
- Corrosion Inhibitors
- Post Treatment
- Pretreatments Cleaners
- Pretreatment Conditioners
- Decorative
- Planting
- Others
End-User
- Building and Construction
- Transportation
- Aerospace and Defense
- Non-Ferrous Metal
- Household Appliances
- General Industry
- Industrial Machinery
- Electronics
- Paints and Coatings
- Others
Chemical Surface Treatment Market Regional Analysis
The chemical surface treatment market is analyzed and market size insights and trends are provided by country, product, base, application and end-user as referenced above.
The countries covered in the chemical surface treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the chemical surface treatment market because of the increasing business expansion and awareness among the customers. China is leading the growth of the Asia-Pacific market due to availability of low price raw material within the region. On the other hand, North America is estimated to show lucrative growth due to the increasing buildings and constructions within the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Chemical Surface Treatment Market Share
The chemical surface treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chemical surface treatment market.
Chemical Surface Treatment Market Leaders Operating in the Market Are:
- Element Solutions Inc., (U.S.)
- NOF Corporation (Japan)
- Atotech (Germany)
- Henkel AG & Co. KGaA (Germany)
- Chemetall, Inc. (Germany)
- Nihon Parkerizing Co., Ltd. (Japan)
- PPG Industries, Inc. (U.S.)
- Nippon Paint Holdings Co., Ltd. (Japan)
- Solvay (Belgium)
- OC Oerlikon Management AG (Switzerland)
- McGean-Rohco Inc. (U.S.)
- JCU CORPORATION (Japan)
- Platform Specialty Products Corporation (U.S.)
- Quaker Chemical Corporation (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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