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2019 Industry Insights on Pretreatment Coatings Market| Key Players: Henkel, PPG Industries, Chemetall, AkzoNobel, 3M, Sherwin-Williams, Jotun, Hempel A/S, BASF, Kansai Paint Co.,Ltd
Pretreatment Coatings Market
China pretreatment coatings market size may generate over USD 2.1 billion business by 2024. Aerospace industry growth owing to rising air travel demand due to reduced air fares should fuel regional growth. Favorable government regulations to upscale manufacturing business will drive product demand.
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Cleaners market size should generate over 4% growth. Acid, alkaline and solvent cleaners are used in metal finishing industry. Cleaners contain surfactants which lowers surface tension and is crucial in processes such as machining, bending, spinning and stamping.
Pretreatment coatings market size from general industry should generate over USD 4.1 billion business by 2024. Agricultural vehicles, appliances, HVAC, office furniture, manufacturing, and architectural aluminum are part of general industry which uses iron & zinc phosphate coatings.
Considering the end-user trends, pretreatment coatings market is segmented into metal packaging, aerospace, automotive, cold forming, general industry, and coil. Pretreatment coatings market in the automotive sector, which collected a revenue of USD 2.8 billion in 2015, will record a CAGR of 4.5% over the period of 2016-2024. High consumer demand for visually appealing vehicles embedded with UV and temperature protection mechanisms will boost the business landscape. General industry end-use segment is expected to produce a revenue of more than USD 4.1 billion by 2024, growing at a rate of 5% over the coming seven years. The growth can be attributed to the extensive use of pretreatment coatings in architectural aluminum, HVAC, automobiles, office furniture, ventilation, and the manufacturing sector.
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Taking into consideration the topographical trends, UK pretreatment coatings market size is expected to grow at a CAGR of 3.5% over 2016-2024, with aluminum applications contributing significantly towards the regional revenue. Brazil pretreatment coatings industry revenue from aerospace sector is expected to reach USD 85 million by 2024. U.S. pre-paint conversion coatings industry sector is expected to grow at 6% over the next seven years and will accelerate pretreatment coatings industry size.
France metalworking fluids sector, which will grow at a CAGR of 2% over 2016-2024, is expected to propel pretreatment coatings industry expansion over the next few years. Enhanced usage of metalworking fluids as a corrosion inhibitor along with its ability to annihilate thermal deformation and dispose removed material will boost the revenue further.
China pretreatment coatings market is predicted to register a CAGR of 5.5% over the coming seven years, owing to increase in vehicle sales across the region along with beneficial norms subject to the manufacturing sector. Japan pretreatment coatings market is expected to witness a significant growth in future, with the cold forming end-use sector making considerable contributions toward the regional share.
Global pretreatment coatings market share is consolidated. PPG Industries, Chemetall, Nippon Paints and Henkel are among key notable players. Other industrial participants include 3M Company, AkzoNobel N.V., Kansai Paint, Axalta Coating Systems, Abrasives Inc., Troy Chemicals, Cym Materials and Barton International.
Global Pretreatment Coatings Market By Application
o Metal
o Aluminum
o Zn-Al Alloys & Die Castings
o Others
Browse key industry insights spread across 365 pages with 405 market data tables & 19 figures & charts from the report, “Pretreatment Coatings Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pretreatment-coatings-market
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