Press release
Surface Treatment Chemicals Market 2018-2024: Leading Key Players Henkel, BASF SE, Nippon Paint Co. Ltd., PPG Industries, Platform Specialty Products Corporation, Atotech Deutschland, NOF Corporation
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.
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Top ket players:
Global surface treatment chemicals market key industry participants include: Solvay SA, Henkel, BASF SE, Nippon Paint Co. Ltd., PPG Industries, Platform Specialty Products Corporation, Atotech Deutschland, NOF Corporation, etc.
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.
Adherence to the stringent regulations concerning the VOC emissions can be challenging for the industry participants. However, the growing demand for bio-based cleaning chemicals can serve as a significant opportunity for the manufacturers in the overall surface treatment chemicals.
Regional Segmentations:
Considering the regional segmentation, the industry is divided as: North America, Asia Pacific, Europe, Latin America and The Middle East & Africa. Asia Pacific is estimated to grow at the highest CAGR by 2024 with the steady growth in regional transportation and electrical & electronics sectors.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Solvay SA
2. Henkel
3. BASF SE
4. Nippon Paint Co. Ltd.
5. PPG Industries
6. Platform Specialty Products Corporation
7. Atotech Deutschland
8. NOF Corporation
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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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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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