The soaring demand of surface finishes to improve its hardness, wear resistance, adhesion ability and surface flaws are driving the market demand. Booming automotive, electrical and construction sector is further fueling the market growth. Growing demand for surface finishes especially in the automotive industry is further boosting the market growth. Robust industrialization resulting in surging demand for heavy, efficient machinery is again spurring the market growth.
The latest report by Value Market Research expects the Global Chemical Surface Treatment Market to reach USD 16.9 billion by 2025. It was valued USD 11.6 billion in 2018. The report foresees a 5.5% CAGR from 2019 to 2025.
PLATING CHEMICAL DOMINATED THE PRODUCT SEGMENT
The plating chemical emerged as the leading segment in 2018. Soaring demand from electronics, automobile, and aerospace application is driving the segment growth. Growing adoption to plating to reduce scrap rate, bath solution losses, and improved quality of the surface is further fueling the segment growth.
TRANSPORTATION LED THE APPLICATION SEGMENT
On the basis of application, transportation dominated the segment by accounting major market share in 2018. Rapid urbanization, increasing sales of vehicles and rising spending on pavement and road reconstruction is fostering the market growth. Also, increasing usage of shock absorbers, heat sinks, gears and other components is spurring the segment growth.
ASIA PACIFIC DOMINATED THE REGIONAL MARKET
Geographically, Asia Pacific emerged as the leading regional market in 2018. Booming automotive, electronics and construction industry is driving the regional market growth. Increasing count of manufacturing facilities in emerging economies such as China and India is further contributing the market growth.
PROMINENT PLAYERS OF THE MARKET
Some of the major players of the market are A Brite Company, Advanced Chemical Company, Atotech Deutschland GmbH, Chemetall, Inc., DOW, Henkel AG & Co. KGaA, Nihon Parkerizing Co., Ltd., NOF Corporation, Platform Specialty Products Corporation, and PPG Industries, Inc.
As per this study, the Global Chemical Surface Treatment Market was valued USD 11.6 BN (by revenue) in 2018 and is anticipated to reach USD 16.9 BN by 2025 with a CAGR of 5.5%.
The chemical surface treatment is a process of modification of the aluminum surface through chemical processes. This type of surface treatment is mostly used as a pretreatment method for finishing operations, such as anodizing or powder coating. Pickling, Chemical polishing, Chromating/phosphating are some of the Chemical surface treatment. Among which, Chromating/phosphating is commonly used as Chemical surface treatment.
Robust demand for durable and wear-resistant products along with the myriad application of chemicals across the automotive industry for surface treatment will boost the expansion of chemical surface treatment market size over the forecast period. Rising application of anodizing aluminum in residential and commercial sectors will further boost the market growth. However, strict rules and regulation pertaining to the usage of chemicals for surface treatment are likely to curb the market growth. Whereas, rapid industrialization coupled with the huge demand for heavy equipment in developing nations will expand the chemical surface treatment in the years to come.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of chemical surface treatment.
The broad chemical surface treatment market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Plating Chemicals
- Conversion Coating
- General Technology
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for chemical surface treatment in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Chemical Surface Treatment Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the chemical surface treatment market include A Brite Company, Advanced Chemical Company, Atotech Deutschland GmbH, Chemetall, Inc., DOW, Henkel AG & Co. KGaA, Nihon Parkerizing Co., Ltd., NOF Corporation, Platform Specialty Products Corporation, and PPG Industries, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
2. EXECUTIVE SUMMARY
- Introduction To Chemical Surface Treatment
- Report Description
- Objectives Of The Study
- Research Scope
- Research Methodology
3. MARKET ANALYSIS
- Market Highlight
- Global Chemical Surface Treatment Market: Snapshot
4. CHEMICAL SURFACE TREATMENT MARKET ANALYSIS BY PRODUCT
- Porter’s Five Forces Analysis
- Value Chain Analysis
5. CHEMICAL SURFACE TREATMENT MARKET ANALYSIS BY APPLICATION
- Market In Plating Chemicals
- Market In Conversion Coating
- Market In Cleaners
6. CHEMICAL SURFACE TREATMENT MARKET ANALYSIS BY GEOGRAPHY
- Market In Construction
- Market In Transportation
- Market In General Technology
7. COMPETITIVE LANDSCAPE OF THE CHEMICAL SURFACE TREATMENT COMPANIES
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
8. COMPANY PROFILES OF THE CHEMICAL SURFACE TREATMENT INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- Market Competition
- Mergers And Acquisitions
- New Product Launches
- Other Developments
* Tentative TOC
LIST OF TABLES
- A Brite Company
- Advanced Chemical Company
- Atotech Deutschland GmbH
- Chemetall, Inc.
- Henkel AG & Co. KGaA
- Nihon Parkerizing Co., Ltd.
- NOF Corporation
- Platform Specialty Products Corporation
- PPG Industries, Inc.
Table 1. Market Highlights Of Chemical Surface Treatment
Table 2. Global Chemical Surface Treatment Market By Product
Table 3. Global Chemical Surface Treatment Market By Application
Table 4. Global Chemical Surface Treatment Market By Geography
Table 5. North America Chemical Surface Treatment Market
Table 6. Europe Chemical Surface Treatment Market
Table 7. Asia Pacific Chemical Surface Treatment Market
Table 8. Latin America Chemical Surface Treatment Market
Table 9. Middle East And Africa Chemical Surface Treatment Market
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Chemical Surface Treatment Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Chemical Surface Treatment
Fig. 5. Porter’s Five Forces Analysis
Fig. 6. Value Chain Analysis
Fig. 7. Global Chemical Surface Treatment Market By Product
Fig. 8. Global Chemical Surface Treatment Market By Application
Fig. 9. Global Chemical Surface Treatment Market By Geography
Fig. 10. North America Chemical Surface Treatment Market
Fig. 11. Europe Chemical Surface Treatment Market
Fig. 12. Asia Pacific Chemical Surface Treatment Market
Fig. 13. Latin America Chemical Surface Treatment Market
Fig. 14. Middle East And Africa Chemical Surface Treatment Market
Fig. 15. Market Share Of Chemical Surface Treatment Companies
Fig. 16. Recent Developments In Chemical Surface Treatment Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.