The demand for wear and tear-resistant products has mainly increased within the infrastructure and industrial sectors. With the growing demand for the finished good in the market, the demand for large and small size machinery in the factories has also increased. The chemical surface treatment market is most likely to be driven by growing vehicle demand and many infrastructure projects in several emerging economies.
Data Bridge Market Research analyses that the Global Chemical Surface Treatment Market was valued at USD 13.83 billion in 2021 and is expected to reach USD 21.54 billion by 2029, registering a CAGR of 5.70% during the forecast period of 2022-2029. The increasing demand for chemical surface treatment will provide potential opportunities for the market growth in the forecast period.
Increasing demand for durable and water-resistant metal products is anticipated to drive the market's growth rate
The growing use of the metal products in the manufacturing and processing industries will result in wear and tear of the surface of the metal. Numerous chemicals are widely used to treat outer surface to reduce the corrosion and creaks on the surface of metals. Chemical surface treatment products are also used in lubricating properties that do not allow the breakage in the metal or alloys. To increase the durability and wear resistance of the metal products, pretreatment of the metals is done. Durable and wear-resistance metal are also used majorly in the building and construction industries for residential and commercial buildings for the interior surface.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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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, South Africa, Egypt, Israel, 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
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Market Players Covered
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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.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis:
Global chemical surface treatment market is segmented into four notable segments which are by product, base, application, and end-user.
- On the basis of product, the market is segmented into with plating chemicals, conversion coating, activating agents, paint strippers, cleaners, metal working fluids, others.
The conversion coating segment of product type is anticipated to dominate the chemical surface treatment market
The conversion coating segment is expected to dominate the global chemical surface treatment market with 31.34% market share since they are considered to be the most usable chemicals before the painting as they protect from environmental activity.
- On the basis of base, the market is segmented into metals, plastics, wood, others.
The metals segment of base type is anticipated to dominate the chemical surface treatment market
The metals segment is expected to dominate the global chemical surface treatment market with 77.12% market share as most of the metals are used to manufacturer vehicles. In North America, the growing use of metals in the U.S. and Canada for aerospace manufacturing increased the demand of aluminum and steel metals.
- On the basis of application, the market is segmented into metals coloring, corrosion inhibitors, post treatment, pretreatment cleaners, pretreatment conditioners, decorative, planting, others. The corrosion inhibitors segment is expected to dominate the global chemical surface treatment market with 26.22% market share since they protect surface from corrosion. The corrosion inhibitors dominates due to high profile cars and to protect than from harsh weather in North America.
- On the basis of end-user, the market is segmented into building and construction, transportation, aerospace and defence, non-ferrous metal, household appliances, general industry, industrial machinery, electronics, paints and coatings, others. The transportation segment is expected to dominate the global chemical surface treatment market with 32.41% market share since they help better in light weight vehicle and comfort in the automotive industry. In North America, the increasing consumption of luxurious car and manufacturing of aeroplanes has been increased majorly which increase the transportation in the region.
Major Players
Data Bridge Market Research recognizes the following companies as the major chemical surface treatment market players in chemical surface treatment 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), 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 Development
- In 2020, BASF announced the establishment of a global competence center of metal surface treatment in Asia-Pacific. This Asia's first-of-its-kind lab and competence center for BASF's Care Chemicals division will allow for faster, collaborative innovation with clients. The lab has created innovative techniques, focusing on more environmentally friendly products and developing technology.
- In 2020, Oxford Advanced Surfaces (OAS) collaborated with 2-DTech Limited, a subsidiary of Versarien plc. The aim is to create a new line of goods that includes nanomaterials, such as graphene, into OAS' patented chemistry platform, leading to superior mechanical performance and electrical and thermal conductivity.
Regional Analysis
Geographically, 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, South Africa, Egypt, Israel, 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.
As per Data Bridge Market Research analysis:
North America is the dominant region in chemical surface treatment market during the forecast period 2022 to 2029
North America dominates the chemical surface treatment market because of the presence of major market players and increasing levels of disposable income. Technical etchants and treatment chemicals are in huge demand because of their use in a wide range of applications, including manufacturing and medical, and the introduction of lighter and less expensive ways for achieving superior mechanical stress resistance.
Asia-Pacific is estimated to be the fastest growing region in chemical surface treatment market the forecast period 2022 to 2029
Asia-Pacific is expected to grow during the forecast period of 2022 to 2029 due to the increasing demand for metal production and growing demand for conversion coating chemical surface treatment. China is dominating the Asia-Pacific market in terms of growth because of the abundance of low-cost raw materials.
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