Global Chemical Surface Treatment Market Size By Product (Plating Chemicals, Conversion Coating), By Application (Metals Coloring, Corrosion Inhibitors), By End-User (Building and Construction, Transportation), By Geographic Scope And Forecast
Report ID: 28078|No. of Pages: 202
Global Chemical Surface Treatment Market Size By Product (Plating Chemicals, Conversion Coating), By Application (Metals Coloring, Corrosion Inhibitors), By End-User (Building and Construction, Transportation), By Geographic Scope And Forecast
Chemical Surface Treatment Market Size And Forecast
Chemical Surface Treatment Market size was valued at USD 16.1 Billion in 2023 and is projected to reach USD 27.6 Billion by 2031 growing at a CAGR of 5.4% from 2024 to 2031.
- Chemical surface treatment is the process of modifying the surface qualities of materials, usually metals, with chemical solutions to increase adhesion, corrosion resistance and surface hardness. This procedure, which comprises cleaning, etching and coating, is widely utilized in industries such as automotive, aerospace and electronics to improve product durability and performance.
- Chemical surface preparation prepares surfaces for coating, painting, or bonding by eliminating impurities, enhancing smoothness and guaranteeing uniform application. It is essential in industries such as construction, manufacturing and automotive to achieve better finishes, defend against environmental damage and provide long-term performance under difficult conditions.
- Future chemical surface treatment applications will focus on environmentally friendly solutions and innovative technology such as nanocoating and plasma treatments. These developments attempt to reduce the environmental impact, improve efficiency and support the growing need for lightweight high-strength materials in industries such as electric vehicles, aerospace and renewable energy.
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Global Chemical Surface Treatment Market Dynamics
The key market dynamics that are shaping the global Chemical Surface Treatment Market include:
Key Market Drivers:
- Increasing Emphasis on Aesthetics and Appearance: Consumers and corporations are increasingly concerned with the visual appeal of their products. Chemical surface treatments, such as coatings and finishes, play an important role in improving the aesthetics and value of numerous products.
- Need for Corrosion Protection: Corrosion is a major hazard in numerous industries, causing material degradation and equipment failure. Chemical surface treatments, such as corrosion-resistant coatings, are necessary to maintain surfaces and extend the life of assets.
- Advancements in Technology and Materials: The development of new chemical compositions and application processes is propelling innovation in the surface treatment industry. This includes improvements in nanotechnology, water-based coatings and environmentally friendly choices.
Key Challenges:
- Environmental Rules: Strict environmental rules governing the use of hazardous chemicals in surface treatment procedures can raise compliance costs, restrict chemical possibilities and compel investments in eco-friendly alternatives, thus slowing market growth.
- High Operational Costs: The raw ingredients, energy and specialized equipment required for chemical surface treatment operations can be expensive, making them less accessible to small and medium-sized businesses, limiting market expansion.
- Complex Process Management: Chemical surface treatment operations frequently necessitate precise control and expertise to assure quality and consistency. The complexity of handling these processes might create additional operational issues and discourage businesses from using advanced therapies.
Key Trends:
- Eco-friendly Solutions: The shift toward environmentally sustainable practices is encouraging the use of low-VOC, chromium-free chemical surface treatments. These eco-friendly alternatives minimize environmental impact while adhering to tight requirements, making them increasingly popular in areas such as automotive and aerospace.
- Rising Demand in the Automotive Sector: The automotive industry’s expansion, notably in lightweight vehicle manufacture, is driving up demand for chemical surface treatments. These treatments improve corrosion resistance, adhesion and component durability, making them critical for maintaining vehicle performance and longevity in a variety of environments.
- Technological Advancements: Chemical formulation and treatment process innovations, such as nanocoating’s and plasma-based treatments, are transforming surface treatment procedures. These innovative solutions provide improved efficiency, precision and durability, catering to industries with high-performance requirements, such as electronics, aerospace and medical devices.
Global Chemical Surface Treatment Market Regional Analysis
Here is a more detailed regional analysis of the global Chemical Surface Treatment Market:
Europe:
- According to Verified Market Research, Europe is expected to dominate the global Chemical Surface Treatment Market.
- Europe is likely to lead the worldwide Chemical Surface Treatment Market due to its advanced industrial sectors, which include automotive, aerospace and electronics. The region’s rigorous environmental regulations encourage the use of eco-friendly and chromium-free treatments, hence increasing market demand.
- Key countries such as Germany, France and the United Kingdom take the lead in deploying innovative surface treatment technologies that ensure high-quality finishes and corrosion resistance.
- Furthermore, the presence of major automobile manufacturers, as well as a strong focus on research and innovation, contribute to Europe’s market leadership, positioning it as a crucial hub for surface treatment applications and improvements.
Asia Pacific:
- According to Verified Market Research, Asia Pacific is fastest growing region in global Chemical Surface Treatment Market.
- Asia-Pacific is the fastest-growing region in the global Chemical Surface Treatment Market, owing to rapid industrialization, infrastructure development and rising manufacturing industries.
- Countries such as China, India and Japan are driving growth through growing demand in the automotive, electronics and construction sectors. The region’s booming automotive sector, combined with increasing expenditures in advanced manufacturing, drives demand for surface treatment solutions that improve durability and corrosion resistance.
- Furthermore, the increasing emphasis on sustainable production and the implementation of innovative technologies such as nanocoating’s help to drive market expansion, establishing Asia-Pacific as a significant growth region for chemical surface treatments.
Global Chemical Surface Treatment Market: Segmentation Analysis
The Global Chemical Surface Treatment Market is segmented on the basis of Product, Application, and End-User.
Chemical Surface Treatment Market, By Product
- Plating Chemicals
- Conversion Coating
- Activating Agents
- Paint Strippers
- Cleaners
- Metal Working Fluids
Based on Product, The market is segmented into Plating Chemicals, Conversion Coating, Activating Agents, Paint Strippers, Cleaners, and Metal Working Fluids. Plating Chemicals dominate the global Chemical Surface Treatment Market because they are widely used to improve the durability, corrosion resistance and look of metal surfaces in a variety of industries, including automotive, electronics and aerospace.
Chemical Surface Treatment Market, By Application
- Metals Coloring
- Corrosion Inhibitors
- Post Treatment
- Pretreatments Cleaners
- Pretreatment Conditioners
- Decorative
- Planting
Based on Application, The market is segmented into Metals Coloring, Corrosion Inhibitors, Post Treatment, Pretreatments Cleaners, Pretreatment Conditioners, Decorative, and Plating. Corrosion inhibitors dominate the worldwide Chemical Surface Treatment Market because of their vital function in increasing the durability and longevity of various metal components across multiple sectors. They play an important role in reducing rust and corrosion in automotive, aeronautical and general industrial applications.
Chemical Surface Treatment Market, By End-User
- Building and Construction
- Transportation
- Aerospace and Defense
- Non-Ferrous Metal
- Household Appliances
- General Industry
- Industrial Machinery
- Electronics
- Paints and Coatings
Based on End-User, The market is segmented into Building and Construction, Transportation, Aerospace and Defense, Non-Ferrous Metal, Household Appliances, General Industry, Industrial Machinery, Electronics, and Paints and Coatings. Transportation is the largest end-user category in the global Chemical Surface Treatment Market, owing to its widespread use in improving the durability, corrosion resistance and overall performance of automotive components. The sector’s growth creates a huge need for innovative surface treatment solutions that meet strict quality and regulatory requirements.
Key Players
The “Global Chemical Surface Treatment Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Element Solutions, Inc., NOF Corporation, Atotech, Henkel AG & Co. KGaA, Chemetall, Inc., Nihon Parkerizing Co., Ltd., PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., Solvay.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Global Chemical Surface Treatment Market Recent Developments
- In February 2022, PPG announced the acquisition of Arsonsisi’s powder coatings division. Arsonsisi is a well-known exporter of specialty powder coatings for both residential and commercial applications. The acquisition will allow PPG to expand its powder coatings portfolio throughout Europe, the Middle East and Africa. It also includes metallic bonding, which is one of the fastest expanding markets for powder coatings and is frequently employed in specific treatments for autos, residences and general industrial applications.
- In October 2021, Aalberts Surface Technologies GmbH and Hoeller Electrolyzer GmbH formed a complete collaboration for extremely effective electrolyzer surface treatment. The cooperation aimed to drastically cut the cost of hydrogen generation while simultaneously expanding its accessibility. The extremely effective long-lasting coatings will be sprayed on in-line equipment in Lübeck.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2031 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Element Solutions, Inc., NOF Corporation, Atotech, Henkel AG & Co. KGaA, Chemetall, Inc., Nihon Parkerizing Co., Ltd., PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., Solvay. |
| SEGMENTS COVERED | By Product, By Application, By End-User, and By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP-DOWN APPROACH
2.10 RESEARCH FLOW
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 GLOBAL CHEMICAL SURFACE TREATMENT MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 GLOBAL CHEMICAL SURFACE TREATMENT MARKET,
BY APPLICATION (USD MILLION)
3.4 GLOBAL CHEMICAL SURFACE TREATMENT MARKET,
BY APPLICATION (K TONS)
3.5 FUTURE MARKET OPPORTUNITIES
3.6 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL CHEMICAL SURFACE TREATMENT MARKET
OUTLOOK
4.2 MARKET DRIVERS
4.2.1 RISING DEMAND FROM AUTOMOTIVE AND BUILDING &
CONSTRUCTION INDUSTRY
4.2.2 USE OF EPDM AS A MAJOR RAW MATERIAL FOR PLASTIC MODIFICATION
4.3 RESTRAINTS
4.3.1 FLUCTUATIONS IN THE CURRENCY EXCHANGE RATES
4.3.2 IMPOSITION OF ANTI-DUMPING DUTY ON IMPORTS OF EPDM
RUBBER
4.3.3 AVAILABILITY OF SUBSTITUTES FOR ETHYLENE PROPYLENE
DIENE MONOMER, SUCH AS OTHER SYNTHETIC RUBBERS
4.4 OPPORTUNITIES
4.4.1 INCREASING DEMAND FOR BIO-BASED PRODUCTS
4.4.2 GROWING APPLICATION OF THERMOPLASTIC VULCANIZATES
(TPV)
4.4.3 AN INCREASE IN ELECTRIC VEHICLES WILL FURTHER CREATE
NEW OPPORTUNITIES FOR EPDM MANUFACTURERS
4.5 IMPACT OF COVID-19 ON ETHYLENE PROPYLENE DIENE MONOMER
(EPDM) MARKET
4.6 PORTER’S FIVE FORCES ANALYSIS
5 GLOBAL CHEMICAL SURFACE TREATMENT MARKET, BY PRODUCT
5.1 Overview
5.2 Plating Chemicals
5.3 Conversion Coating
5.4 Activating Agents
5.5 Paint Strippers
5.6 Cleaners
5.7 Metal Working Fluids
6 GLOBAL CHEMICAL SURFACE TREATMENT MARKET, BY APPLICATION
6.1 Overview
6.2 Metals Coloring
6.3 Corrosion Inhibitors
6.4 Post Treatment
6.5 Pretreatments Cleaners
6.6 Pretreatment Conditioners
6.7 Decorative
6.8 Planting
7 GLOBAL CHEMICAL SURFACE TREATMENT MARKET, BY END-USER
7.1 Overview
7.2 Building and Construction
7.3 Transportation
7.4 Aerospace and Defense
7.5 Non-Ferrous Metal
7.6 Household Appliances
7.7 General Industry
7.8 Industrial Machinery
7.9 Electronics
7.10 Paints and Coatings
8 GLOBAL CHEMICAL SURFACE TREATMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL CHEMICAL SURFACE TREATMENT MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 Element Solutions, Inc.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 NOF Corporation
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Atotech
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Henkel AG & Co. KGaA
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Chemetall, Inc.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Nihon Parkerizing Co., Ltd.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 PPG Industries, Inc.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Nippon Paint Holdings Co., Ltd.
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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