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Surface Treatment Chemicals Market 2019 – 2025 Forecasts On Regional Growth, Industry Players And Applications

Author : Ronak Bora | Published Date : 2019-06-03 

Global Surface Treatment Chemicals Market report 2025 focuses on the major Types and Applications for the key players. The market forecast report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The research report is a professional and in-depth study on the current state of global Industry.

Surface Treatment Chemicals Market size will witness substantial over the forecast timespan. Surface treatment chemicals provide better adhesion, improved appearance, solderability, wettability, tarnish resistance, corrosion resistance, hardness, chemical resistance and surface friction. These benefits featured by these chemicals will drive the market demand in the automobile and marine sector by 2024. For instance, Asia Pacific automobile industry had the highest share in global automobile sales in 2017, with China, India, Australia, Japan, South Korea, Indonesia and Malaysia accounting for over 43 million units. In 2005, China reported a total of 5.7 million vehicles sales, which surpassed 29 million vehicles in 2017. Indian automobile sector also exhibited strong growth after 2010, with 4 million automobile sales in 2017. Asia Pacific automotive sector depicts a positive outlook for the near future, which in turn will propel surface treatment chemicals demand over the forecast timespan.

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Increasing demand for durable and wear-resistant products will also drive the demand for surface treatment chemicals by 2024. Surface treatment involves cleaning or chemical treatment of the base material for prevention of corrosion. Substrates treated with these chemicals can exhibit significant wear resistance and improved adherence while undergoing the further operations of printing or coating. Surface treatment process enhances the surface properties of different materials, features physical advantages to the substrate and increases the durability of the end product so manufactured. 

Based on the end-users, global surface treatment chemicals market can be segregated into: transportation, electrical and electronics, industrial machinery, construction, packaging and others. Transportation held the highest share in global surface treatment chemicals market in 2017 and is likely to witness similar trends in the next seven years.

Based on the type of chemicals, global surface treatment market segmentation can be viewed as: corrosion protection chemicals including: conversion coatings, coil coatings, etc. cleaners such as: alkaline degreasers, anodizing chemicals, passivation agents, etc., plating chemicals and others. Among these types, the plating chemicals, is expected to witness strong growth in the coming years. These chemicals aid in enhancing or reducing photosensitivity, striping of paints and other tough stains, corrosion curing and electroplating of the metal surface. Conversion coatings will also witness significant rise for their vast usage in the end-user industries.

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Global surface treatment chemicals market was highly competitive in 2017. The key industry participants include: Solvay SA, Henkel, BASF SE, Nippon Paint Co. Ltd., PPG Industries, Platform Specialty Products Corporation, Atotech Deutschland, NOF Corporation, etc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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