Chemical Surface Treatment Global Market Estimated to Surge at a CAGR of 8.1% to Reach $21.68 Billion By 2028 | BASF SE, Hitachi Ltd., LG Corporation, 3M Company, ABB Ltd.

"The new report published by The Business Research Company, titled ""Chemical Surface Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the chemical surface treatment market size has grown strongly in recent years. It will grow from $14.67 billion in 2023 to $15.85 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The chemical surface treatment market size is expected to see strong growth in the next few years. It will grow to $21.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7754&type=smp

Surging Automotive Industry Fuels Growth In The Chemical Surface Treatment Market
The rising automotive industry is expected to propel the chemical surface treatment market. The growing economy and rising standard of living have changed the purchasing power. While the economic effect of COVID-19 has disrupted the way we live and move around the world, a new way of living is expected to emerge. With social distancing being the best line of defense against COVID-19, there is a sudden increased demand for personal mobility worldwide. Furthermore, climate warming and aspirations to achieve net-zero emissions are driving the global shift to emissions-free motoring. These adoptions also lead to increased production of EV and hybrid vehicles, a change from petroleum products to more locally produced power vehicles. Such a surge in automotive demand has led to increased production and the need for chemical surface treatment to protect the material from corrosion and/or improve its in-use properties. For instance, In April 2022, In a report published by European Automobile Manufacturers Association, In 2021, 79.1 million motor vehicles were produced worldwide, a 1.3% increase from previous year. Therefore, the rising automotive industry will drive the chemical surface treatment market.

ABB Pioneering Technological Advancements In Chemical Surface Treatment For Enhanced Wear Resistance And Environmental Durability
Technological advancements have emerged as the key trend gaining popularity in the chemical surface treatment market. The advanced surface coating treatment helps to protect against wear-prone applications. They are intended to be wear-resistant, reduce friction, and protect against caustic/acidic materials and cleaning agents to improve line efficiencies. Major companies operating in the chemical surface treatment sector are focused on developing new technological solutions to meet customer demand. For instance, In January 2022, ABB, a Switzerland-based automation company, launched low voltage flameproof motors for explosive environments. The advanced surface treatment on ABB's low voltage flameproof motors makes them resistant to even the harshest environmental conditions. The motors are built with a strong frame and integrated feet for rigidity and vibration-free operation in foot-mounted applications.

The chemical surface treatment market covered in this report is segmented -
1) By Type: Cleaners, Plating Chemicals, Conversion Coatings, Other Types
2) By Base Material: Metals, Plastics, Other Base Materials
3) By Application: Metals Coloring, Corrosion Inhibitors, Post Treatment, Pretreatments Cleaners, Pretreatment Conditioners, Decorative, Planting, Other Applications
4) By End-User: Building And Construction, Transportation, Aerospace and Defense, Non-Ferrous Metal, Household Appliances

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7754&type=discount

Major companies operating in the chemical surface treatment market report are Samsung Electronics Co. Ltd., BASF SE, Hitachi Ltd., Robert Bosch GmbH, Siemens Aktiengesellschaft, United Technologies Corporation, Panasonic Corporation, LG Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., 3M Company, ABB Ltd, Toshiba Corporation, Fujitsu Ltd., NEC Corporation, Henkel AG & Co. KGaA, Eaton Corporation PLC, Covestro AG, PPG Industries Inc., Solvay S.A., Emerson Electric Company, AkzoNobel N.V., Nippon Paint Co. Ltd., Rockwell Automation Inc., Platform Specialty Products Corporation, NOF Corporation, Atotech Deutschland GmbH, Nihon Parkerizing Co. Ltd., Chemetall GmbH, Hyundai Motor Group, SK Group

Contents of the report:
1. Executive Summary
2. Chemical Surface Treatment Market Report Structure
3. Chemical Surface Treatment Market Trends And Strategies
4. Chemical Surface Treatment Market - Macro Economic Scenario
5. Chemical Surface Treatment Market Size And Growth
…..
27. Chemical Surface Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/chemical-surface-treatment-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.