Press release
A Deep Analysis of Current and Future Investments in Surface Treatment Chemicals Market
The surface treatment chemicals are primarily used for the metals and alloys treatment. These surface treatment chemicals can also be used for the printed circuit board’s treatment and these circuit boards are made up of plastic and metal. The metal profiles favor surface treatments such as electroplating that involves in the metallic coating formation on surfaces and anodic oxidation for light metals like titanium and aluminium. In order to enable effective application of other chemicals, various additives and sealants are also used.
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The global surface treatment chemicals market can be classified based on type, application, and region. On the basis of type, the global surface treatment chemicals market is classified into additives and sealants, paint strippers, corrosion protection, cleaners, anodising chemicals, passivation and others. Depending upon application, the global market is segmented into automotive & aerospace, electronics & electrical, construction, industrial, and others.
The global surface treatment chemicals market is expected to garner maximum revenue in the forecast period. Factors such extensive application of surface treatment chemicals in automotive coating, expanding industrialization and high demand of heavy machinery in the emerging markets are expected to fuel the growth of surface treatment chemicals market. Also, the mounting residential and commercial infrastructure is fuelling the demand for anodised aluminium leading to the generation of demand for anodising chemicals. However, rigid environmental regulations pertaining to emissions restrain the sales of certain surface treatment chemicals in some regional markets.
Based on regions, the global surface treatment chemicals market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American and Asia-Pacific region is anticipated to command the maximum market share and would lead the surface treatment chemicals market during the forecast period. Factors such as rise in demands for surface treatment chemicals in automotive, industrial manufacturing and electronics application are expected to fuel this market in the Asia-Pacific region during the forecast period. The developing industrial machinery and construction sector growth is also anticipated to create high demand for these chemicals in this region.
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The surface treatment chemicals market is of highly fragmented nature with large number of domestic and regional manufacturer’s presence in each region. The major companies that provide surface treatment chemicals include Platform Specialty Products Corp., Henkel AG & Co. KGaA, JCU Corporation, , Politeknik Metal A.?, Chemetall (BASF SE), and Yuken Industry Co., Ltd. among others.
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