Chemical Surface Treatment Market Set for Rapid Growth Driven by Technological Advancements and Construction Industry Demand

The global chemical surface treatment market size was USD 13.85 Billion in 2022 and is expected to register a rapid revenue CAGR of 7.3% during the forecast period. The global chemical surface treatment market is poised for significant growth, fueled by rapid technological advancements and a booming construction sector. This market is essential for improving the durability, performance, and visual appeal of materials across various industries, including automotive, aerospace, manufacturing, and construction.

The need for chemical surface treatment arises from the desire to enhance the properties of materials. Techniques such as cleaning, passivation, anti-corrosion treatments, and anodizing solutions are increasingly in demand. Notably, the development of nanocomposite coatings, which feature nanoparticles embedded in a polymer matrix, is setting a new standard by providing superior properties compared to traditional coatings.

Emerging technologies are transforming the chemical surface treatment landscape. Innovations like atmospheric plasma spray, cold spray, high-velocity oxy-fuel, and supercritical fluid deposition offer enhanced performance and broader applications for coatings, ensuring that they meet the growing demands of various sectors.

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Construction Industry Drives Demand

The rapid expansion of the construction industry significantly contributes to market growth. There is a rising need for energy-efficient, durable, and sustainable buildings. Chemical surface treatments are essential for improving the performance of construction materials, extending the lifespan of aging infrastructure, and supporting the increasing urbanization that demands new residential and commercial projects.

In commercial spaces, including retail stores and office buildings, durable surfaces are crucial to withstand high traffic while maintaining an attractive appearance. Chemical surface treatments not only enhance durability but also enable unique designs and finishes that aid branding and marketing efforts.

Market Trends and Acquisitions

The market is experiencing rapid technological advancements, with a notable trend toward nanotechnology-based surface treatments and advanced plasma technologies. For instance, in January 2022, MacDermid Enthone Industrial Solutions acquired HSO Herbert Schmidt GmbH & Co. KG, showcasing its commitment to investing in innovative technologies for the plating and surface finishing industries.

Challenges Facing the Market

Despite the promising growth, challenges remain. High costs associated with surface treatments pose a potential barrier to market expansion. Fluctuations in raw material prices, including metals and chemicals, affect treatment costs and squeeze profit margins. Additionally, stringent environmental regulations and the management of hazardous waste from chemical treatments further increase operational expenses.

Market Segmentation Insights

The market is segmented by treatment type, application, and end-use:

Treatment Type: The cleaner segment leads the market due to rising demand for eco-friendly cleaning solutions. Stringent environmental regulations drive the adoption of water-based, solvent-free, and bio-based cleaning agents. The anodizing solution segment is also expected to grow steadily, primarily due to increasing urbanization and advancements in anodizing technologies.

Application: The plastic segment is anticipated to dominate the market, bolstered by the rapid growth of the construction and transportation sectors. Chemical surface treatments enhance the performance of plastics, making them resistant to harsh environmental conditions. The metal segment is also expected to grow, driven by technological advancements and stricter environmental regulations.

End-Use: The automotive and transportation sector is set to hold the largest market share. Increasing vehicle production, disposable income, and urbanization, combined with government regulations on emissions, prompt the automotive industry to adopt lightweight materials and surface treatments to improve fuel efficiency.

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Chemical Surface Treatment Top Companies and Competitive Landscape

The global chemical surface treatment market is fairly fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing a more effective chemical surface treatment market.

Some major players included in the global chemical surface treatment market report are:

PPG

DSS Takara Bio India Pvt Ltd.

Henkel

Solvay

Oerlikon

Mc Gean-Rohoco

Element Solutions Inc

Quaker Houghton

Nihon Parkerizing Co.

Chemetall

Chemical Surface Treatment Latest Industry Updates

On 14 June 2023, PPG announced its partnership with Satys to provide a more sustainable and efficient electrocoating (e-coat) process for Original Equipment Manufacturer (OEM) aircraft parts. This innovative e-coat system utilizes a waterborne formula that generates minimal waste and possesses low Volatile Organic Compounds (VOCs), contributing to a reduction in aircraft fuel consumption due to the weight savings it offers. This e-coat process, utilizing the PPG Aerocron system, delivers a more uniform finish on aircraft parts while reducing paint consumption compared to traditional spray-applied methods.

On 3 April 2021, SurTec acquired Italtecno, a specialist in aluminum surface treatment solutions. Italtecno's comprehensive product range encompasses chemical solutions catering to diverse industries, including architectural, automotive, and aerospace, as well as decorative, mechanical, and other industrial applications. This acquisition utilizes Italtecno's well-established product portfolio for the aluminum industry to expand its global reach and further strengthen its position in the market.

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Chemical Surface Treatment Market Segmentation Analysis

For the purpose of this report, Emergen Research has segmented the global chemical surface treatment market on the basis of type, application, end-use, and region:

Type Outlook (Revenue, USD Billion; 2019-2032)

Cleaner

Passivation

Anti-Corrosion

Anodizing Solution

Application Outlook (Revenue, USD Billion; 2019-2032)

Plastic

Metal

Wood

Others

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Industrial Machinery

Construction

Automotive and Transportation

Others

Regional Outlook (Revenue, USD Billion; 2019-2032)

North America

U.S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of Middle East & Africa

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Market Dynamics and Strategies: A Data-Driven Exploration

Chemical Surface Treatment Market Size @ https://www.emergenresearch.com/industry-report/chemical-surface-treatment-market/market-size

Chemical Surface Treatment Market Share @ https://www.emergenresearch.com/industry-report/chemical-surface-treatment-market/market-share

Chemical Surface Treatment Market Trends @ https://www.emergenresearch.com/industry-report/chemical-surface-treatment-market/market-trends

Chemical Surface Treatment Regional Market Demand @ https://www.emergenresearch.com/industry-report/chemical-surface-treatment-market/regional-market-demand

Chemical Surface Treatment Market Analysis @ https://www.emergenresearch.com/industry-report/chemical-surface-treatment-market/market-analysis

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