The global chemical
surface treatment Market is forecast to reach USD 17.84 Billion by
2026, according to a new report by Reports and Data. The development of utility
of chemical treatment on materials affects their quality standards. This
enables a wide array of consumers to resort to this market to get their target
structure reinforced. The common feature of these chemical treatments is the
cleaning of the surface. Apart from cleansing, these chemicals can subject a
surface to certain aberrations, like roughening or smoothening, or have no
effect with respect to the procedure chosen. These procedures are generally
followed in order to achieve superior adhesive properties and can be utilized
in wide orientation, not only on metals but also on printed circuit boards.
The market for chemical surface
treatment is influenced by the rising demand for durable and wear-resistant
products. For utility on metals, the utility on global and domestic
manufacturers are increasing. Anodized aluminum is under high demand which
created a vacuum in the field of chemicals like degreasers and etchants. These
chemicals are being utilized in different fields as well, like, glass, wood,
medical, and jewelry, among others.
The growth in the region of Asia
Pacific has been estimated to be the highest. Most of the developing countries
are looking at India and China as the global market leaders. These countries
consist of various end-use industries such as transportation, electrical &
electronics, construction, and industrial machinery, and application of the
chemical surface coating in this region will grow with a very high rate.
To identify the key trends in
the industry, click on the link below:
Further key findings from
the report suggest
- Transportation market held the largest market share
of 30.0% in the year 2017. Hence, the automotive industry is experiencing
a significant growth in the forecast period. The use of chemical coating
in the automobile industry is a trend in the present scenario for
maintaining aesthetics and the quality of exteriors.
- Plating chemicals are the chief revenue generators of
the chemical surface coating market, holding a revenue of USD 4.18 Billion
in the year 2018. These are done through the procedure of galvanization or
catalytic plating to ensure superior tensile strength.
- Cleaning chemicals are projected to grow with the
highest CAGR of 5.5% through the forecast period. They are in growing
demand because of their efficiency over traditional cleaners.
- The sub-segment of plastics under base material is
observed to grow at the highest CAGR of 5.4% throughout the forecast
period owing to its demand in the industry verticals. Its booming utility
in automotive as well as general industry is because of its lightweight
and better chemical resistance over metals.
- Asia Pacific is forecasted to grow with a significant
CAGR of 5.4% during the forecast period. Countries like India, China, and
Japan are rapidly catching up with the growth in the chemical surface
coating market.
- Key participants Platform Specialty Products
Corporation, NOF Corporation, Atotech Deutschland GmbH, Chemetall Inc.,
Henkel AG & Co. KGaA, Nihon Parkerizing Co. Ltd., A Brite Company,
Advanced Chemical Company, PPG Industries Inc., and DOW, among others.
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For the purpose of this report,
Reports and Data have segmented the global Chemical Surface Treatment market on
the basis of chemical type, base material type, end-users, and region:
Chemicals Type Outlook
(Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Cleaners
- Plating Chemicals
- Conversion Coating
Base Material Type Outlook
(Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Metals
- Plastics
- Others
End-Users Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2016-2026)
- Transportation
- Construction
- General Industry
- Others
Regional Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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