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Surface Treatment Chemicals Market | Size, Share and Scope Analysis to 2031

07-06-2023 03:22 PM CET | Health & Medicine

Press release from: InsightAce Analytic Pvt. Ltd

Surface Treatment Chemicals Market | Size, Share and Scope

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Surface Treatment Chemicals Market Size, Share & Trends Analysis Report By Chemical Type (Cleaners, Plating Chemicals, Corrosion Protection Chemicals (Conversion Coatings, Coil Coatings)), Base Material (Metals, Plastics, And Others), By End Users Industry (Automotive, Construction, Aerospace, Electrical And Electronics, Coil Industry, Packaging Industry, And Others), By Treatment Method (Electroplating, Chemical Treatment, Thermal Spraying, Hot Dipping)Market Outlook And Industry Analysis 2031"

Global Surface Treatment Chemicals Market is estimated to reach over USD 12.98 billion by 2031, exhibiting a CAGR of 8.97% during the forecast period.

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Surface treatment Chemical is the technique of altering the surface of aluminum with chemicals. Most of the time, this form of surface treatment is utilized to prepare for further finishing operations such as powder coating or anodizing. Chemical surface treatments include polishing, chromatin/phosphating, and pickling. The chemical treatment promotes aluminum corrosion. The surface treatment chemicals market reduces the impact of infections and increases the adoption of the plating process for metal industries.
Rapid expansion of several end-use industries across major regions, surface treatment chemicals are expected to expand in demand due to increased demand from end-user sectors such as automotive, construction, electrical and electronics, aerospace, and others. The surface treatment chemicals market refers to the practice of modifying the surface qualities of an already manufactured product in order to acquire desired distinctive traits. It is a mechanical or chemical procedure used to improve aesthetics, adhesion or wettability, solder-ability, and resistance to corrosion, tarnish, hazardous chemicals, and wear and tear.

Furthermore, it imparts hardness, modulates thermal and electrical conductivity, eliminates surface defects, and regulates surface friction and attrition. These are used to perform chemical-based surface finishing procedures such as photosensitivity reduction or enhancement, striping of paints and other difficult stains, corrosion curing, and, most critically, electroplating of the metal surface. Their use can be found in various industrial machines and metals to increase durability and their performance.

List of Prominent Players in the Surface Treatment Chemicals Market
• Henkel AG & Co. KGaA
• Nippon Paint Holdings Co., Ltd.
• OC Oerlikon Management AG
• PPG Industries, Inc.
• Quaker Chemical Corporation
• The Sherwin-Williams Company
• Nihon Parkerizing Co., Ltd.
• ALANOD GmbH & Co. KG
• Bulk Chemicals Inc.
• Chemetall GmbH
• Aalberts Surface Technologies
• NOF CORPORATION
• Atotech
• JCU CORPORATION
• Element Solutions Inc
• Trion Coatings, LLC
• ChemTech Surface Finishing Pvt. Ltd.
• YUKEN Surface Technology, S.A. de C.V.
• IONICS

Market Dynamics:
Drivers-
The demand for long-lasting and wear-resistant products is growing, which drives up the demand for surface treatment chemicals to prevent corrosion. Material base surfaces that have been treated with these chemicals have increased resistance and adhesion when subjected to subsequent processes such as printing and others. Furthermore, the increased need for bio-based cleaning chemicals in industries such as aerospace, industrial, and construction is a major driving driver in the surface chemicals treatment market. Furthermore, it is anticipated that demand for surface treatment chemicals will expand in industries such as marine throughout the forecast period.

Challenges:
The market for surface treatment chemicals will encounter challenges as a result of the strict government regulations addressing increasing VOC emission rates during the process of chemical surface treatment. According to estimates, a barrier for the market for chemical surface treatment is the high chemical consumption caused by lousy quality rises in operating costs. The market growth rate for chemical surface treatment will therefore be challenged by this.

Regional Trends:
The Global Surface Treatment Chemicals Market is divided into five distinct regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is the largest and fastest growing market among them, owing to the region's rapidly expanding construction industry, as well as its steadily expanding automotive and marine industries. Due to increased government investment in the infrastructure sector, India, Japan, South Korea, and China are the region's largest markets. After Asia Pacific, North America is the second largest shareholder in the global surface treatment chemicals market. Because of increased demand for the product from diverse industries such as aerospace, marine, and defense, as well as significant reconstruction efforts in this country, the United States is the region's largest market.

Europe is another significant region in the Global Surface Treatment Chemicals Market, with the United Kingdom, France, Germany, and Italy leading the way. The European automobile industry propels the regional market forward. Latin America is seeing modest but steady growth in the industry in Brazil, Venezuela, and other countries as a means of calming political unrest and revitalizing economies. Growing opportunities in the construction industry in the Middle East and Africa are expected to boost the regional market growth in the coming years.

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Recent Developments:
• In February 2022, PPG announced the purchase of Arsonsisi's powder coatings branch. Arsonsisi is a well-known exporter of specialist powder coatings for residential and commercial use. PPG will be able to expand its powder coatings portfolio throughout Europe, the Middle East, and Africa as a result of the acquisition (EMEA). It also contains metallic bonding, which is one of the fastest growing sectors for powder coatings, which are widely used in specific treatments for automobiles, homes, and general industrial usage.
• In October 2021, Alberts Surface Technologies GmbH established a comprehensive partnership with HoellerElectrolyzer GmbH in the field of highly effective electrolyze surface treatment. The collaboration's goal was to significantly reduce the cost of hydrogen generation while also improving its accessibility. The incredibly effective prolonged coatings will be sprayed on in-line machines in Lübeck for large yields, exposing Hoeller to Europe's limited production capacity.
• In September 2021, at SURCAR 2021, Henkel displayed cutting-edge coating technology for the manufacture of electric vehicle (EV) batteries and aluminum pre-treatment for automobile exteriors. The excellent corrosion resistance and thermoelectric conductivity of aluminum substantially facilitate recycling. Henkel, a leader in automotive adhesives, lubricants, and functional coatings, encourages greater use of aluminum for improved quality, environmental sustainability, and operational efficiency.

Segmentation of Surface Treatment Chemicals Market-
Surface Treatment Chemicals Market By End User
• Automotive
• Construction
• Aerospace
• Electrical and Electronics
• Coil Industry
• Packaging Industry
• Others
Surface Treatment Chemicals Market By Base Material Type
• Metals
o Iron and Steel
o Aluminum
o Others
• Plastics
• Others
Surface Treatment Chemicals Market By Chemical Type
• Corrosion protection chemicals
o Conversion Coatings
 Phosphate Conversion Coatings (PCCs)
 Zinc Phosphate Conversion Coatings (ZPCCs)
 Iron Phosphate Conversion Coatings (IPCCs)
 Manganese Phosphate Conversion Coatings (MPCCs)
 Oxide Conversion Coatings (OCCs)
 Chromate Conversion Coatings
 Phosphate-Free Conversion Coatings
 Electro-Ceramic Conversion Coatings (ECCCs)
 Nano-Ceramic Conversion Coatings (NCCCs)
o Coil Coatings
o Others
• Cleaners
• Anodizing agents
• Passivating agents
• Others
o Lubricants
o Metalworking Fluids
o Glass Cutting Fluids
o Interleaving Powders
o Paint Strippers
o Paint Detackification Fluids
o Precision Micro-Chemicals
o Sealants
o Pretreatment Primer
Surface Treatment Chemicals Market By Treatment Method
• Electroplating
• Chemical treatment
• Thermal spraying
• Hot dipping
• Others
Surface Treatment Chemicals Market By Region scope
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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