Surface Treatment Chemicals Market 2024-2031 | Exclusive Study Report

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 2024-2031, exhibiting a CAGR of 8.97% during the forecast period.

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Surface modification Chemical surface modification is the process of applying chemicals to metal. This type of surface treatment is typically used to prepare for additional finishing processes like anodizing or powder coating. Pickling, chromatin/phosphating, and polishing are examples of chemical surface treatments. Chemical treatment encourages aluminium corrosion. The market for surface treatment chemicals lowers the effects of diseases and boosts plating use for metal industries.

Surface treatment chemicals will likely grow in demand due to the rapid expansion of various end-use industries across significant regions, including aerospace, automotive, construction, electrical and electronics. The process of altering a product's surface characteristics to provide its desired unique features is referred to as the surface treatment chemicals market. Improved adhesion or wettability, solderability, resistance to corrosion, tarnish, dangerous chemicals, and wear and tear are all achieved by this mechanical or chemical process.

In addition, it reduces surface imperfections, adds hardness, modifies thermal and electrical conductivity, and controls surface friction and attrition. Chemical-based surface finishing techniques like paint and other tricky stain removal, photosensitivity augmentation, corrosion curing, and-most importantly-electrolysing of the metal surface are carried out using these. They are used to improve the performance and longevity of metals and various industrial machinery.

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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This release was published on openPR.