Global Surface Treatment Chemicals

Global Surface Treatment Chemicals Market Research Report: Forecast (2021-2026)

By Type (Corrosion Protection Chemicals, Conversion Coatings, Phosphate Conversion Coating, Oxide Conversion Coating, Chromate Conversion Coating, Phosphate Free Conversion Coating, Electro Ceramic Co Read more

  • Chemicals
  • Jun 2021
  • 256
  • CM10254

Market Definition

Surface treatment chemicals are applied on the top layer of materials to enhance their resistance to corrosion, rust, wear, & other environmental conditions. Chemicals-based surface treatment is mainly used as pre-treatments to smooth the finishing steps. Among all, there are different types of surface treatment methods, where the most prominent ones are:

  • Pickling
  • Chromatin/phosphating
  • Chemical polishing

Market Insights

The Global Surface Treatment Chemicals Market is projected to grow at a CAGR of around 5.7% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by the swift expansion of different industries like automotive, aerospace, metal, glass, & wood industry, among others. Surface treatment chemicals are extensively in demand for the pretreatment of surfaces for final coatings, protection, and other applications. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 5.7%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Russia
Asia-Pacific: China, India, Japan
South America: Brazil, Agrentina
Middle East & Africa: GCC, Israel, South Africa
Key Companies Profiled 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.
Unit Denominations USD Million/Billion

 

In addition, benefits like protection against corrosion & damages caused by the changing environmental effects are propelling the demand for surface treatment chemicals & positively influencing the market growth. Besides, the capabilities of surface treatment chemicals to form a distinct layer on materials and bring resistance from wear & corrosion, enhance product durability & decoration, etc., is also playing a crucial role in expanding their application across different industrial verticals.

Moreover, the growing need to address concerns over environmental deterioration is also generating growth opportunities for the leading players in the global market to produce eco-friendly treatment chemicals and reduce the generation of industrial wastes & hazardous substances. Furthermore, an escalating number of building & construction projects is also projected to soar the demand for these chemicals, majorly for durability, and boost the market in the years to come.

Impact of Covid-19 on the Global Surface Treatment Chemicals Market

The Covid-19 pandemic in 2020 had a decelerating effect on most industries worldwide, where the Global Surface Treatment Chemicals Market was no exception. The market witnessed several unprecedented challenges & substantial financial losses due to stringent movement restrictions & lockdown imposed by governments of different countries worldwide.

While the world underwent significant economic fluctuations & instability, most people stockpiled essential goods & services instead of buying luxury items, which, in turn, reduced the sales of automobiles. Moreover, the growing need to abide by social distancing norms resulted in most industries shutting down & several ongoing building & construction projects getting suspended.

Additionally, travel bans due to lockdowns also resulted in severe disruption in the transportation & logistics sector, which hampered the supply of raw materials & pre-produced chemicals across different regions. As a result, all these challenges introduced a downfall for the leading players in the market.

However, with the gradual improvement in the pandemic situation and a declining number of Covid-19 cases, restrictions were uplifted, and industrial operations recommenced. As a result, the production facilities resumed their manufacturing & increased the production capabilities to suffice the burgeoning requirements for surface treatment chemicals of different industrial verticals. Moreover, since all activities were back to functioning, with a flowing supply chain, the market is steadily recovering from financial losses and generating growth opportunities for the leading market players.

Global Surface Treatment Chemicals Market Research Report: Forecast (2021-2026)

Market Segmentation

Based on the Application:

  • Automotive Industry
  •  Industrial Machinery
  • Coil Industry
  • Aerospace Industry
  • Others (Metal Working Industry, Glass Industry, Wood Industry)

Of them all, the Automotive sector is anticipated to dominate the Global Surface Treatment Chemical Market with the largest share during the forecast period. It owes principally to the rapidly increasing number of vehicles sales due to the growing purchase power of people, i.e., instigating automakers to increase their production capabilities.

It, in turn, is propelling the demand for surface treatment chemicals across the automotive industry to add a layer of protection on vehicles to provide them resistance from rust & wear, enhance their durability, & pretreat surface for finished layers.

Besides, the capabilities of surface treatment chemicals to provide corrosion protection and paint adhesion with smooth finishing processes on the vehicle surface is another crucial aspect propelling the market growth across the automotive sector.

Furthermore, these chemicals also possess properties to reduce energy & water consumption, enhance sustainability, and deliver customized solutions for light & mixed substrates of metals. Hence, their demand is mounting swiftly across the automotive sector, which, in turn, would fuel the overall market growth in the coming years.

Based on the Type:

  • Corrosion Protection Chemicals (Conversion Coatings, Coil Coatings)
  • Cleaners
  • Anodizing Chemicals
  • Passivation Agents
  • Others (Paint Strippers, Metal Working Fluids, Glass Cutting Fluids)

Here, Cleaners acquired the largest share of the Global Surface Treatment Chemicals Market in recent years and is anticipated to prevail the same trend in the coming years. It owes principally to the rising demand for cleaners due to their capabilities to prevent corrosion & enhance the appearance of the surface, cleaning off tough stains like oil & grease from industrial equipment or machinery, and disinfecting or sterilizing laboratory equipment, among others. Besides, the use of cleaners by engineers to coat metal parts after fabrication is another prominent aspect fueling the demand for these treatment chemicals across different industries.

Regional Landscape

Geographically, the Global Surface Treatment Chemicals Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Amongst all regions globally, Asia-Pacific is likely to dominate the global market with the largest share during the forecast period. It attributes principally to the mounting focus of governments of different countries across the region on industrialization & infrastructure developments. It, in turn, is projecting an increasing number of building & construction activities and swift expansion of sectors like automotive, aerospace, metal glass & wood, among others, and augmenting the demand for surface treatment chemicals across Asia-Pacific.

Additionally, the burgeoning vehicle sales are encouraging automakers to increase their production capabilities to meet consumer requirements, which in turn, is positively influencing the regional market growth of surface treatment chemicals.

Besides, countries like China & India are witnessing exponentially rising population and rapid building & construction projects, which, in turn, are infusing the demand for surface treatment chemicals & driving the regional market through 2026. Moreover, the surging use of metal products across manufacturing & production facilities are other crucial areas observing an increasing demand for surface treatment chemicals across Asia-Pacific.

Recent Developments by Leading Companies

  • In September, Chemetall GmbH (A Subsidiary of BASF SE) began constructing its new surface treatment site in Pinghu, China, to expand its scalability.
  • The same year in April, the leader stepped into the acquisition of Polymer Ventures, Inc., i.e., an automotive paint detackification business.

Market Dynamics:

Key Driver: Growing Urbanization Projects & Expanding Automotive Industry

With an exponentially rising population, the number of building & construction projects is increasing swiftly and, in turn, augmenting the growth of the Global Surface Treatment Chemicals Market through 2026. In addition, the automobile sector is witnessing an upswing in vehicle sales globally, which, in turn, is boosting automakers to increase their production capabilities to meet the burgeoning consumer demand & drive the global market through 2026.

Possible Restraint: Stringent Regulations for Environmental Safety

Since some methods used while producing surface treatment chemicals generate carbon emissions, governments of different countries are laying out stringent restrictions on their production to ensure environmental safety.

In addition, the properties of these chemicals can vary when mixed with different substances, and even the slightest inaccuracy could result in disasters. As a result, such risks might restrain the growth of the Global Surface Treatment Chemical Market during 2021-26.

Growth Opportunity: Development of Eco-Friendly Chemicals

Stringent norms by governments of different countries worldwide toward reducing the rapidly increasing carbon emissions are encouraging the leading players in the Global Surface Treatment Chemicals Market toward the development, production, & utilization of environment-friendly chemicals. It, in turn, would present significant growth opportunities for the global market over the forecast years.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Surface Treatment Chemicals Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Surface Treatment Chemicals Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Surface Treatment Chemicals Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Surface Treatment Chemicals Market study?

Frequently Asked Questions

A. The Global Surface Treatment Chemicals Market is projected to grow at a CAGR of around 5.7% during 2021-26.

A. The rapidly expanding Automotive sector is anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Surface Treatment Chemicals Market during 2021-26.

A. With concerns over the alarming environmental issues, governments of different countries worldwide are encouraging the leading players in the Global Surface Treatment Chemicals Market to develop eco-friendly chemicals. This aspect is in line with reducing carbon emissions & contributing to a cleaner environment, which would drive the global market in the years to come.

A. In the coming years, the leading players in the Global Surface Treatment Chemicals Market are likely to incline rigorously in developing environment-friendly chemicals and expand the application of surface treatment chemicals across different industrial verticals.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Surface Treatment Chemical Market
  5. Global Surface Treatment Chemical Market Trends & Insights
  6. Global Surface Treatment Chemical Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Surface Treatment Chemical Market Hotspots & Opportunities
  8. Global Surface Treatment Chemical Market Regulations & Policy
  9.  Global Surface Treatment Chemical Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
        1. Corrosion Protection Chemicals
          1. Conversion Coatings
            1. Phosphate Conversion Coating
            2. Oxide Conversion Coating
            3. Chromate Conversion Coating
            4. Phosphate Free Conversion Coating
            5. Electro Ceramic Conversion Coating
            6. Nano Ceramic Conversion Coating
          2. Coil Coatings
        2. Cleaners
        3. Anodizing Chemicals
        4. Passivation Agents
        5. Others
          1. Paint Strippers
          2. Metal Working Fluids
          3. Glass Cutting Fluids
          4. Others
      2. By Base Metal
        1. Metal
          1. Iron & Steel
          2. Aluminum
          3. Others
        2. Plastic
        3. Others
          1. Glass
          2. Wood
      3. By Application
        1. Automotive Industry
        2.  Industrial Machinery
        3. Coil Industry
        4. Aerospace Industry
        5. Others
          1. Metal Working Industry
          2. Glass Industry
          3. Wood Industry
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  10. North America Surface Treatment Chemical Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
      2. By Base Material
      3. By Application
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    4. Canada Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2.  By Base Material
        3. By Application
    5. Mexico Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
  11. South America Surface Treatment Chemical Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
      2. By Base Material
      3. By Application
      4. By Country
        1. Brazil
        2. Argentina
        3. Others
    3. Brazil Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    4. Argentina Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
  12. Europe Surface Treatment Chemical Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
      2. By Base Material
      3. By Application
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Others
    3. Germany Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    4. The UK Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Application
    5. France Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    6. Italy Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    7. Spain Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    8. Russia Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
  13. Middle East & Africa Surface Treatment Chemical Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
      2. By Base Material
      3. By Application
      4. By Country
        1. GCC
        2. Israel
        3. South Africa
        4. Others
    3. GCC Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    4. Israel Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    5. South Africa Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
  14. Asia Pacific Surface Treatment Chemical Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Type
      2. By Base Material
      3. By Application
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. China Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    4. India Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    5. Japan Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    6. South Korea Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
    7. Australia Surface Treatment Chemical Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Type
        2. By Base Material
        3. By Application
  15. Key Strategic Imperatives for Success and Growth
  16. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. AHC Oberflächentechnik GmbH
      2. Bulk Chemicals Inc.
      3. Chemetall GmbH
      4. Henkel AG & Co. KGaA
      5. JCU CORPORATION
      6. Nippon Paint Holdings Co., Ltd.
      7. Element Solutions Inc (formerly Platform Specialty Products Corporation)
      8. Solvay S.A
      9. Derivados del Flúor (DDF)
      10. SurTec International GmbH
  17. Disclaimer
Global Surface Treatment Chemicals Market Segmentation