PRESS RELEASE
Posted on April 5, 2023
Market of chemical products for the treatment of surfaces to reach more than $12.98 billion by 2031
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, Coating Chemicals, Corrosion Protection Chemicals (Conversion Coatings, Coil Coatings)) , base material (metals, plastics and others), by end-user industry (Automotive, construction, aerospace, electrical and electronic, coil industry, packaging industry and others), by treatment method (galvanization, chemical treatment , Thermal Spraying, Hot Dipping) Market Outlook and Industry Analysis 2031″
The global surface treatment chemicals market is estimated to reach USD 12.98 billion by 2031, showing a CAGR of 8.97% during the forecast period.
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Surface treatment Chemistry is the technique of altering the surface of aluminum with chemicals. Most often, this form of surface treatment is used to prepare for subsequent finishing operations such as powder coating or anodizing. Chemical surface treatments include polishing, chromatin/phosphating and pickling. The chemical treatment favors the corrosion of the aluminum. The surface treatment chemicals market reduces the impact of infections and increases the adoption of the coating process for the metal industries.
The rapid expansion of various end-use industries in the major regions, surface treatment chemicals is expected to increase the demand due to increasing demand from end-user sectors such as automotive, construction, electricity and electronics, aerospace and others. The surface treatment chemicals market refers to the practice of modifying the surface qualities of an already manufactured product in order to acquire the desired distinctive features. It is a mechanical or chemical procedure used to improve aesthetics, adhesion or wettability, weldability, and resistance to corrosion, aging, hazardous chemicals, and wear.
In addition, it confers hardness, modulates thermal and electrical conductivity, eliminates surface defects and regulates surface friction and wear. These are used to carry out chemical-based surface finishing procedures such as reducing or improving photosensitivity, wearing off paints and other difficult stains, corrosion curing and, most critically, electroplating of the metal surface. Its use can be found in various industrial machines and metals to increase its durability and performance.
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
- Albert’s Surface Technologies
- CORPORATION NOF
- Atotech
- JCU CORPORATION
- Element Solutions Inc
- Trion Coatings, LLC
- ChemTech Surface Finishing Pvt. Ltd.
- YUKEN Surface Technology, SA de CV
- IONICS
Market dynamics:
drivers-
The demand for long-lasting and wear-resistant products is growing, which increases the demand for surface treatment chemicals to prevent corrosion. The base surfaces of materials that have been treated with these chemicals have greater strength and adhesion when subjected to further processes such as printing and others. In addition, increasing need for bio-based cleaning chemicals in industries such as aerospace, industrial, and construction is one of the major drivers of the surface treatment chemicals market. In addition, demand for surface treatment chemicals is expected to expand in industries such as marine during the forecast period.
Challenges:
The surface treatment chemicals market will encounter challenges as a result of stringent government regulations that address increasing VOC emission rates during the chemical surface treatment process. According to estimates, a barrier to the chemical surface treatment market is the high consumption of chemicals caused by the increase in poor quality of operational costs. Therefore, the growth rate of the chemical surface treatment market will be challenged by this.
Regional trends:
The global surface treatment chemicals market is segmented 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 ever-expanding automotive and marine industries. Due to increased government investment in the infrastructure sector, India, Japan, South Korea and China are the largest markets in the region. After Asia Pacific, North America is the second largest shareholder in the global surface treatment chemicals market. Due to increased demand for the product from various industries such as aerospace, marine, and defense, as well as significant reconstruction efforts in this country, the United States is the largest market in the region.
Europe is another important region in the global surface treatment chemicals market, with the UK, France, Germany and Italy leading the way. The European automotive industry drives the regional market forward. Latin America is experiencing 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 drive 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 arm. Arsonsisi is a well-known exporter of specialty powder coatings for residential and commercial use. PPG will be able to expand its powder coatings portfolio in Europe, the Middle East and Africa as a result of the acquisition (EMEA). It also contains metal bonds, which is one of the fastest growing sectors for powder coatings, which are widely used in specific treatments for automobiles, homes and general industrial use.
- In October 2021, Alberts Surface Technologies GmbH established a comprehensive partnership with HoellerElectrolyzer GmbH in the field of highly effective electrolysis surface treatment. The goal of the collaboration was to significantly reduce the cost of hydrogen generation while improving its accessibility. The incredibly effective extended coatings will be sprayed on in-line machines in Lübeck for high yields, exposing Hoeller to Europe’s limited production capacity.
- In September 2021, at SURCAR 2021, Henkel showcased state-of-the-art coating technology for electric vehicle (EV) battery manufacturing and aluminum pretreatment for automotive exteriors. Aluminum’s excellent corrosion resistance and thermoelectric conductivity make recycling substantially easier. Henkel, a leader in adhesives, lubricants and functional coatings for automobiles, encourages greater use of aluminum to improve quality, environmental sustainability and operational efficiency.
Segmentation of the surface Treatment Chemicals Market-
surface Treatment chemicals market Per end user
- automotive
- construction
- aerospace
- Electrical and Electronics
- Coil industry
- Packaging industry
- others
surface Treatment chemicals market By type of base material
surface Treatment chemicals market By chemical type
- Chemical products for protection against corrosion
- Conversion coatings
- Phosphate Conversion Coatings (PCC)
- Zinc Phosphate Conversion Coatings (ZPCC)
- Iron Phosphate Conversion Coatings (IPCC)
- Manganese Phosphate Conversion Coatings (MPCC)
- Oxide Conversion Coatings (OCC)
- Chromate conversion coatings
- Conversion coatings without phosphates
- Electroceramic Conversion Coatings (ECCC)
- Nanoceramic Conversion Coatings (NCCC)
- Conversion coatings
- cleaners
- Anodizing agents
- Passivating agents
- others
- Paint release fluids
- Precision microchemicals
surface Treatment chemicals market By treatment method
- Galvanization
- Chemical treatment
- Thermal spraying
- Hot dip
- others
surface Treatment chemicals market By regional scope
North America-
europe-
- Germany
- The United Kingdom
- 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 and Africa-
- GCC countries
- South Africa
- Rest of the Middle East and Africa
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