Global Chemical Surface Treatments Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Metals and plastics are treated to change their surface properties for decoration and reflectivity, improved hardness and wear resistance, corrosion prevention and as a base to improve adhesion of other treatments such as painting or photosensitive coatings for printing.

Global Chemical Surface Treatments Market Segments Size & Growth:

Global Chemical Surface Treatments Market is accounted as USD 11.76 billion in 2017 and expected to grow at a CAGR of 5.81% to reach 17.54 billion by 2024 during the forecast period 2018-2024.

Global Chemical Surface Treatments Market Segments Share:

Among all the regions, Asia Pacific had the largest market share for this market and expected to grow during the forecast period. Growing population, an increase in the number of end-user industries has led the path for the demand of the silicone surfactants in the Asia Pacific region, which in turn help to grow the market in this region. The growth can be seen due to increasing demand for automobiles in the Asia Pacific region. Many initiatives have been taken by governments of different countries of the Asia Pacific region to attract investors from international companies, which will lead to the growth of Asia Pacific surface treatment market during the forecast period.

By chemical type, the market is segmented as cleaners, plating chemicals, conversion coating. Conversion Coating further segmented into oxide conversion coating, phosphate conversion coating, chromate conversion coating. Regarding base, the metal market is segmented as metals, plastics. It is again divided into iron & steel and aluminium. Regarding end-user industry, it is segmented as transportation, construction, general industry, packaging, industrial machinery. Transportation is sub-segmented as automotive and aerospace.

Global Chemical Surface Treatments Market Trends:

• BASF’s Coatings division acquired Chemetall, a leading global surface treatment supplier. Being well-known within the industry for its high-quality products and solutions, Chemetall will operate as a brand of the Surface Treatment global business unit of BASF’s Coatings division.
• Dec 5, 2017, The Surface Treatment global business unit of BASF’s Coatings division operating under the Chemetall brand will expand its production site in Langelsheim, Lower Saxony, Germany.

Global Chemical Surface Treatments Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market

Major Key players are as follows.

• Platform Specialty Products Corporation
• Atotech Deutschland
• NOF Corporation
• Henkel
• Chemetall
• Nihon Parkerizing
• PPG Industries
• Nippon Paint Co. Ltd.
• DOW