Asia-Pacific Chemical Surface Treatment Market By Product (Plating Chemicals, Conversion Coating, Activating Agents, Paint Strippers, Cleaners, Metal Working Fluids and Others), Base (Metals, Plastics, Wood and other), Application (Metals Coloring, Corrosion Inhibitors, Post Treatment, Pre-treatment Cleaners, Pre-treatment Conditioners, Decorative, Planting and Others), End-User (Building and Construction, Transportation, Aerospace and Defence, Non-Ferrous Metal, Household Appliances, General Industry, Industrial Machinery, Electronics, Paints and Coatings and Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Wear and tear-resistant products are in high demand, particularly in the infrastructure and industrial sectors. Furthermore, the market has seen the growth of the heavy machinery industry. As a result, these factors have accelerated the growth of the Asia-Pacific surface treatment market during the forecast period.
Data Bridge Market Research analyses that the chemical surface treatment market was valued at USD 316.9 million in 2021 and is expected to reach the value of USD 560.99 million by 2029, at a CAGR of 7.40% during the forecast period of 2022 to 2029.
Market Definition
Chemical surface treatment is the process of altering the surface of metal with chemicals. This type of surface treatment is commonly used as a pre-treatment for subsequent finishing procedures such as powder coating or anodizing. Chemical surface treatments such as chemical polishing, chromatin/phosphating, and pickling are examples of chemical surface treatments. Aluminium corrosion is improved by chemical treatment. Chemical treatments are distinguished by extremely thin chemical conversion layers. Layer thicknesses typically range from 0.01 to 1.25 m. As a result, unless post-treatments are performed, these layers are not suitable for outdoor corrosion protection.
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 2019 - 2014)
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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 and Others), Base (Metals, Plastics, Wood and other), Application (Metals Coloring, Corrosion Inhibitors, Post Treatment, Pre-treatment Cleaners, Pre-treatment Conditioners, Decorative, Planting and Others), End-User (Building and Construction, Transportation, Aerospace and Defence, Non-Ferrous Metal, Household Appliances, General Industry, Industrial Machinery, Electronics, Paints and Coatings and Others)
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Countries Covered
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Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific
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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), 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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Opportunities
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Asia-Pacific Chemical Surface Treatment Market Dynamics
Drivers
- Growing demand from the end-user industries
Chemical surface treatment is becoming more popular in a variety of end-use industries, including packaging, transportation, industrial machinery, and construction, which is increasing the Asia-Pacific chemical surface treatment market share. The chemical surface treatment product market will benefit from rising demand for industrial machines. Rising automotive demand and an increasing number of infrastructure projects in various emerging economies are likely to drive the chemical surface treatment industry. Furthermore, the rapid expansion of industrialization will accelerate the rate of growth of the chemical surface treatment market. Furthermore, the numerous benefits of chemical surface treatment, such as electrical conductivity, corrosion resistance, wear resistance, and chemical resistance, are driving demand, resulting in rapid market growth.
- Rising automobile demand and an increasing number of infrastructure projects
Rising automobile demand and an increasing number of infrastructure projects in various emerging economies are expected to drive the chemical surface treatment market. Utility is increasingly being used in both consumer and industrial construction. Surface treating chemicals are used in both residential and commercial infrastructure construction. This is due to the wear and corrosion resistance properties induced by chemical treatment. Because of the need to protect heavy machinery from wear and control friction, the development of heavy machinery is also promoting the chemical surface treatment market.
Opportunity
Furthermore, advancements in heavy machinery provide profitable opportunities to market participants from 2022 to 2029. Furthermore, the various initiatives launched by governments in various regions to attract investments from various companies will help to expand the future growth of the chemical surface treatment market.
Restraints
The stringent government guidelines regarding higher levels of volatile organic compounds (VOCs) during the chemical surface treatment procedure will stymie the growth of the chemical surface treatment market. Furthermore, the high consumption of chemicals due to poor quality is expected to be a barrier for the chemical surface treatment market. As a result, the rate of growth of the chemical surface treatment market will be challenged. Furthermore, corroded and rusted parts necessitate more chemicals, and the increased number of processes raises overall costs, which is expected to stymie the growth of the Asia-Pacific 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.
COVID-19 Impact on Chemical Surface Treatment Market
The coronavirus outbreak raised the demand for chemical surface treatments. During the Covid-19 pandemic, the Asia-Pacific chemical surface treatment sector expanded rapidly due to increasing demand for surface cleaning products to prevent corona virus infection all over the world. Several major corporations have introduced a new surface treatment chemical to prevent and eliminate corona virus infection. On July 21, 2020, Affix Labs, for example, announced the world's first long-lasting surface treatment to eradicate the coronavirus. The chemical surface treatment market will grow significantly as a result of increased demand from other end-user industries.
Asia-Pacific 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
- Pre-treatments Cleaners
- Pre-treatment Conditioners
- Decorative
- Planting
- Others
End users
- Building and Construction
- Transportation
- Aerospace and Defence
- Non-Ferrous Metal
- Household Appliances
- General Industry
- Industrial Machinery
- Electronics
- Paints and Coatings
- Others
Chemical Surface Treatment Market Regional Analysis/Insights
The chemical surface treatment market is analysed 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 Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific.
Asia-Pacific dominates the chemical surface treatment industry. Because of the availability of low-cost raw materials in the region. China is spearheading the expansion of the Asia-Pacific market, because of increased corporate expansion and client awareness.
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 Asia-Pacific 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.
Competitive Landscape and Chemical Surface Treatment Market Share Analysis
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, Asia-Pacific 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.
Some of the major players operating in the 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)
- 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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