According to the MarkNtel Advisors' research report, "Global Surface Treatment Chemicals Market Analysis, 2021," the market is likely to grow at a CAGR of 5.7% between 2021-26. Surface Treatment Chemicals increase the overall optimization of the metal, making it a cost-effective and durable choice. The mounting demand for metal & low density-tougher material, which is emerging significantly in industries like automotive, transport, and construction, shall boost the Global Market and create opportunities for both domestic and global manufacturers in the forecast period.
Key questions answered in the study
Conversion Coatings to Witness Fastest Growth
Based on Corrosion Protection Chemicals, the global market segments into Conversion Coatings, Phosphate Conversion Coating, Oxide Conversion Coating, Chromate Conversion Coating, Phosphate Free Conversion Coating, Electro Ceramic Conversion Coating, and Nano Ceramic Conversion Coating. Among all segments, Conversion Coatings are likely to witness substantial growth in the forecast years. It owes to the burgeoning demand to subdue photosensitivity, corrosion, and striping of paints & other tough stains. Electroplating metal surfaces is another crucial factor likely to fuel the segment growth in the years to come.
"Global Surface Treatment Chemicals Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Surface Treatment Chemicals providers across the globe. Furthermore, the report also incorporates the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
North America to Witness Fastest Market Growth
North America is likely to attain the fastest growth in the forecast years. It owes to the rapidly expanding demand for multiple products across several end-users like marine, aerospace, & defense industries entwined with advancing modernization activities in the US. Therefore, the region is likely to contribute to the overall market growth in the forecast period, states MarkNtel Advisors in their research report, "Global Surface Treatment Chemicals Market Analysis, 2021."
According to MarkNtel Advisors, the major leading players in the Global Surface Treatment Chemicals Market are AHC Oberflächentechnik GmbH, Bulk Chemicals Inc., Chemetall GmbH, Henkel AG & Co. KGaA, JCU CORPORATION, Nippon Paint Holdings Co., Ltd., Element Solutions Inc (formerly Platform Specialty Products Corporation), Solvay S.A, Derivados del Flúor (DDF), SurTec International GmbH, etc.