Chemical Surface Treatment Industry Set to Achieve $23.17 Billion Milestone by 2029 | Steady 8.5% CAGR

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What Is the Long-Term Growth Forecast for the Chemical Surface Treatment Market Size 2025?
The market for chemical surface treatment has witnessed robust growth in the past years. The market which was valued at $15.75 billion in 2024, is anticipated to escalate to $16.69 billion in 2025, experiencing a compound annual growth rate (CAGR) of 6.0%. The expansion during the historical period is credited to factors such as the growth in manufacturing, the necessity for corrosion prevention, requirements for metal finishing, as well as the increase in electronics and semiconductors, aerospace, and defense industries.

What CAGR is Forecasted for the Chemical Surface Treatment Market Through 2029?
The market for chemical surface treatments is projected to experience substantial growth in the upcoming years, expanding to a worth of $23.17 billion in 2029, with a compound annual growth rate (CAGR) of 8.5%. This growth during the projected period can be associated with factors such as smart coatings, development in healthcare infrastructure, the use of high-performance plastics, an increase in demand for functional coatings, and innovations in pre-treatment procedures. Significant market trends during this period are expected to include environmentally friendly treatment techniques, the use of nanotechnology in surface treatment, water-based surface treatment options, thermal spray coatings, and customized solutions for specific end-use industries.

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What Are the Critical Factors Driving Chemical Surface Treatment Market Development?
The escalation of the automotive industry is projected to boost the chemical surface treatment sector. Economic growth and improved living standards have shifted the buyers' purchasing power. Even though COVID-19's economic impact has altered our lifestyle and the way we travel, there is an anticipated change in lifestyle. The most effective defense against COVID-19 is social distancing, leading to an unexpected rise in the global personal mobility demand. Additionally, global efforts towards reaching zero-carbon emissions, fueled by factors such as climate change, are steering the transition towards emission-free vehicles. This transition has increased the production of electric and hybrid vehicles, moving away from petroleum-dependent vehicles toward locally-powered ones. This increased automotive demand has necessitated an increase in production and the use of chemical surface treatments to guard against corrosion and enhance the application properties of automotive materials. For example, the European Automobile Manufacturers Association reported that the worldwide production of motor vehicles reached 79.1 million in April 2022, a 1.3% increase from the previous year. Consequently, the thriving automotive industry will catalyze the growth of the chemical surface treatment market.

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How Does the Chemical Surface Treatment Market Break Down Across Major Segments?
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

Subsegments:
1) By Cleaners: Aqueous Cleaners, Solvent-Based Cleaners, Specialty Cleaners
2) By Plating Chemicals: Electroplating Chemicals, Electroless Plating Chemicals, Plating Additives
3) By Conversion Coatings: Chromate Conversion Coatings, Phosphate Conversion Coatings, Other Conversion Coatings
4) By Other Types: Surface Modifiers, Passivation Chemicals, Coating Removal Chemicals

What Are the Major Trends Transforming the Chemical Surface Treatment Industry?
The primary trend that is gaining traction in the chemical surface treatment market is technological advancements. These advanced surface coating treatments are designed to be wear-resistant, reduce friction, and provide protection against acidic/caustic substances and cleaning agents, thereby enhancing line efficiencies. Major firms in the chemical surface treatment industry are focusing on the creation of new technological solutions to meet consumer demands. For example, ABB, a Switzerland-based automation firm, introduced low voltage flameproof motors for potentially explosive environments in January 2022. The advanced surface treatment on these motors makes them resilient to even the toughest environmental conditions. The motors are constructed with a robust frame and built-in feet for stability and operation free of vibrations in foot-mounted applications.

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Which Players Are Driving Innovation in the Chemical Surface Treatment Market?
Major companies operating in the chemical surface treatment market include Henkel AG & Co. KGaA, Nihon Parkerizing Co., Ltd., Chemetall GmbH, NOF Corporation, Atotech Deutschland GmbH, Nippon Paint Co., Ltd., PPG Industries, Inc., Platform Specialty Products Corporation, A Brite Company, Advanced Chemical Company, AHC Oberflächentechnik GmbH, Aalberts Surface Treatment, Linde AG, Elementis plc, Solvay SA, Quaker Houghton, McGean-Rohco, Inc., Coventya International, BASF SE, DOW Chemical Company, SurTec International GmbH, Nihon Hyomen Kagaku, Chemtech Surface Finishing Co., Ltd., Koch-Chemie GmbH, Borer Chemie AG, Grauer & Weil (India) Limited, Coral Chemical Company, Ecolab Inc., Mitsubishi Chemical Corporation, Toyal America Inc.

Which Regions Are Driving Global Chemical Surface Treatment Market Expansion?
Asia-Pacific was the largest region in the chemical surface treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical surface treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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