Global Surface Treatment Market By Chemical Type (Cleaners, Plating Chemicals And Conversion Coatings); By Base Material (Metals, Plastic And Others); By End-Use Industry (Transportation, Construction, Oil & Gas Pipeline, Industrial Machinery, Others); By
Description
Global Surface Treatment Market By Chemical Type (Cleaners, Plating Chemicals And Conversion Coatings); By Base Material (Metals, Plastic And Others); By End-Use Industry (Transportation, Construction, Oil & Gas Pipeline, Industrial Machinery, Others); By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2022-2028.
Global Surface Treatment Market to Boost in Coming Years – Projected to Reach worth USD 9.4 Billion in 2028
The global surface treatment market’s growth is attributable to the rising demand for eco-friendly chemicals, durable and wear-resistant products, and growing investments in the chemical industry…
A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the Global Surface Treatment Market was worth USD 6.2 Billion in 2021 and is anticipated to reach USD 9.4 Billion by USD 2028 at a CAGR of 6.1%. This can be attributed to the heightening infrastructural and industrial sectors creating a demand for wear and tear-resistant products, thus propelling the growth of the global surface treatment market during the forecast period.
Escalating Usage and Numerous Benefits Offered by Chemical Surface Treatment Driving the Growth of Global Surface Treatment Market
Higher usage of chemical surface treatment in several end-use industries, such as industrial machinery, packaging, transportation, and construction, remarkably increases the global surface treatment market share. Furthermore, the benefits of chemical surface treatment, such as electrical conductivity, wear resistance, corrosion resistance, and chemical resistance, are driving up demand. The surface treatments are highly durable, and thus, they are gaining traction across various segments, including transportation, construction, oil & gas pipeline, industrial machinery, and others. Moreover, the surging demand for automobiles and rising numbers of infrastructure projects in several developing economies such as China, India, and Thailand are anticipated to further propel the growth of the global surface treatments market during the forecast period 2022-2028.
Plastics To Witness The Highest Growth Rate During Forecast Period 2022-2028 In Teems Of Base Materials.
Based on base material type, the global surface treatment market is segmented into metal, plastics, and others. Amidst the segmentation, the plastics segment is likely to lead the market during the forecast period 2022-2028. People prefer it over metals in industries such as transportation & construction. Moreover, plastics can be formed and machined easily, which outcomes inefficient fabrication and diminished finishing. They provide better chemical resistance over metals. The lightweight property of plastics has augmented its application across the automotive as well as general industry. Therefore, the factors mentioned above are likely to upsurge the demand & growth of the market during the forecast period 2022-2028.
Impact of COVID-19 on the Surface Treatment Market
The deadly COVID-19 pandemic had a disastrous effect on the global surface treatment market. However, its repercussions are different for different end-use industries. Among different markets, automotive and aerospace are the two main markets that witness a high downfall in demand for surface treatments during the pandemic. On the other hand, metal processing and aluminum finishing, the other two major markets, saw a minor impact on the pandemic. Overall, the global COVID-19 pandemic and consequent lockdowns halted the operations of almost all the major end-user industries of the surface treatment products, thus crucially impacting the market growth rate of the global surface treatment market.
Asia-Pacific To Witness The Highest Growth During The Forecast Period.
Based on regions, the global surface treatment market has been segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Amidst the segmentation, North America accounted for the largest market for surface treatments in 2021the USA is the forerunner of the region’s surface treatment market. In contrast, the Asia-Pacific region is likely to register the highest growth rate during the forecast period in the global surface treatment market due to the presence of several emerging economies like China, India, South Korea, etc. Moreover, The APAC region reported the largest market share globally in the last few years, thus contributing to significant market growth. It owes to the mammoth inauguration of an industrial base and augmented supply requirements in the automobile industry. Further, the governments of several countries in the APAC region invested profoundly, causing the robust growth of the global surface treatments market in Asia-Pacific.
Competitive Landscape
The surface treatment market is fragmented, with numerous players serving the market. The key players dominating the global surface treatment market are Atotech Deutschland GmbH, BASF SE, Curtis-Wright Corporation, Element solution Inc., Henkel Ag & Co., Nippon Paint Co.Ltd, Nihon Parkerizing Co. Ltd, NOF Corporation, DUBOIS Chemicals, SurtecPPG Industries, Quaker Chemical Corporation, NOF Corporation, Henkel AG & Co. KGaA, Chemetall Inc., PPG Industries Inc., DOW Chemicals, Elementis, Metal Finishing Technologies LLC, Raschig GmbH, Wuhan Jadechem International Trade Co. Ltd and Aalberts Surface Treatment GmbH and other prominent players. The key marketing strategies adopted by the players are extensive investments in research and development, portfolio expansions, new and advanced product launches, geographical expansions collaborations, partnerships, and acquisition to expand their customer reach.
Global Surface Treatment Market to Boost in Coming Years – Projected to Reach worth USD 9.4 Billion in 2028
The global surface treatment market’s growth is attributable to the rising demand for eco-friendly chemicals, durable and wear-resistant products, and growing investments in the chemical industry…
A recent study by the strategic consulting and market research firm; BlueWeave Consulting revealed that the Global Surface Treatment Market was worth USD 6.2 Billion in 2021 and is anticipated to reach USD 9.4 Billion by USD 2028 at a CAGR of 6.1%. This can be attributed to the heightening infrastructural and industrial sectors creating a demand for wear and tear-resistant products, thus propelling the growth of the global surface treatment market during the forecast period.
Escalating Usage and Numerous Benefits Offered by Chemical Surface Treatment Driving the Growth of Global Surface Treatment Market
Higher usage of chemical surface treatment in several end-use industries, such as industrial machinery, packaging, transportation, and construction, remarkably increases the global surface treatment market share. Furthermore, the benefits of chemical surface treatment, such as electrical conductivity, wear resistance, corrosion resistance, and chemical resistance, are driving up demand. The surface treatments are highly durable, and thus, they are gaining traction across various segments, including transportation, construction, oil & gas pipeline, industrial machinery, and others. Moreover, the surging demand for automobiles and rising numbers of infrastructure projects in several developing economies such as China, India, and Thailand are anticipated to further propel the growth of the global surface treatments market during the forecast period 2022-2028.
Plastics To Witness The Highest Growth Rate During Forecast Period 2022-2028 In Teems Of Base Materials.
Based on base material type, the global surface treatment market is segmented into metal, plastics, and others. Amidst the segmentation, the plastics segment is likely to lead the market during the forecast period 2022-2028. People prefer it over metals in industries such as transportation & construction. Moreover, plastics can be formed and machined easily, which outcomes inefficient fabrication and diminished finishing. They provide better chemical resistance over metals. The lightweight property of plastics has augmented its application across the automotive as well as general industry. Therefore, the factors mentioned above are likely to upsurge the demand & growth of the market during the forecast period 2022-2028.
Impact of COVID-19 on the Surface Treatment Market
The deadly COVID-19 pandemic had a disastrous effect on the global surface treatment market. However, its repercussions are different for different end-use industries. Among different markets, automotive and aerospace are the two main markets that witness a high downfall in demand for surface treatments during the pandemic. On the other hand, metal processing and aluminum finishing, the other two major markets, saw a minor impact on the pandemic. Overall, the global COVID-19 pandemic and consequent lockdowns halted the operations of almost all the major end-user industries of the surface treatment products, thus crucially impacting the market growth rate of the global surface treatment market.
Asia-Pacific To Witness The Highest Growth During The Forecast Period.
Based on regions, the global surface treatment market has been segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Amidst the segmentation, North America accounted for the largest market for surface treatments in 2021the USA is the forerunner of the region’s surface treatment market. In contrast, the Asia-Pacific region is likely to register the highest growth rate during the forecast period in the global surface treatment market due to the presence of several emerging economies like China, India, South Korea, etc. Moreover, The APAC region reported the largest market share globally in the last few years, thus contributing to significant market growth. It owes to the mammoth inauguration of an industrial base and augmented supply requirements in the automobile industry. Further, the governments of several countries in the APAC region invested profoundly, causing the robust growth of the global surface treatments market in Asia-Pacific.
Competitive Landscape
The surface treatment market is fragmented, with numerous players serving the market. The key players dominating the global surface treatment market are Atotech Deutschland GmbH, BASF SE, Curtis-Wright Corporation, Element solution Inc., Henkel Ag & Co., Nippon Paint Co.Ltd, Nihon Parkerizing Co. Ltd, NOF Corporation, DUBOIS Chemicals, SurtecPPG Industries, Quaker Chemical Corporation, NOF Corporation, Henkel AG & Co. KGaA, Chemetall Inc., PPG Industries Inc., DOW Chemicals, Elementis, Metal Finishing Technologies LLC, Raschig GmbH, Wuhan Jadechem International Trade Co. Ltd and Aalberts Surface Treatment GmbH and other prominent players. The key marketing strategies adopted by the players are extensive investments in research and development, portfolio expansions, new and advanced product launches, geographical expansions collaborations, partnerships, and acquisition to expand their customer reach.
Table of Contents
206 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
- 2.2. Quantitative Research
- 2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
- 2.4. Breakdown of Primary Research Respondents, By Region
- 2.5. Assumption & Limitation
- 3. Executive Summary
- 4. Global Surface Treatment Market Insights
- 4.1. Industry Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
- 4.3. Technological Landscape/Recent Development
- 4.4. Regulatory Framework
- 4.5. Porter’s Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Intensity of Rivalry
- 5. Global Surface Treatment Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Chemical Type
- 5.2.1.1. Cleaners
- 5.2.1.2. Plating Chemicals
- 5.2.1.3. Conversion Coatings
- 5.2.2. By Base Material
- 5.2.2.1. Metals
- 5.2.2.2. Plastic
- 5.2.2.3. Others
- 5.2.3. By End-Use Industry
- 5.2.3.1. Transportation
- 5.2.3.2. Construction
- 5.2.3.3. Oil & Gas Pipeline
- 5.2.3.4. Industrial Machinery
- 5.2.3.5. Others
- 5.2.4. By Region
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. The Asia-Pacific
- 5.2.4.4. Latin America
- 5.2.4.5. The Middle-East and Africa
- 6. North America Surface Treatment Market
- 6.1. Market Size & Forecast by Value, 2018-2028
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Chemical Type
- 6.2.2. By Base Material
- 6.2.3. By End Use Industry
- 6.2.4. By Country
- 6.2.4.1. United States
- 6.2.4.2. Canada
- 7. Europe Surface Treatment Market
- 7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Chemical Type
- 7.2.2. By Base Material
- 7.2.3. By End Use Industry
- 7.2.4. By Country
- 7.2.4.1. Germany
- 7.2.4.2. United Kingdom
- 7.2.4.3. Italy
- 7.2.4.4. France
- 7.2.4.5. Spain
- 7.2.4.6. Rest of Europe
- 8. Asia Pacific Surface Treatment Market
- 8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Chemical Type
- 8.2.2. By Base Material
- 8.2.3. By End Use Industry
- 8.2.4. By Country
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. South Korea
- 8.2.4.5. Rest of Asia Pacific
- 9. Latin America Surface Treatment Market
- 9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Chemical Type
- 9.2.2. By Base Material
- 9.2.3. By End Use Industry
- 9.2.4. By Country
- 9.2.4.1. Brazil
- 9.2.4.2. Mexico
- 9.2.4.3. Rest of Latin America
- 10. Middle East & Africa Surface Treatment Market
- 10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Chemical Type
- 10.2.2. By Base Material
- 10.2.3. By End Use Industry
- 10.2.4. By Country
- 10.2.4.1. Saudi Arabia
- 10.2.4.2. UAE
- 10.2.4.3. South Africa
- 10.2.4.4. Rest of Middle East & Africa
- 11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Development (Merger, Acquisition, Partnership.)
- 12. Impact of COVID-19 on Surface Treatment Market Industry
- 13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- 13.1. Atotech Deutschland GmbH
- 13.2. BASF SE
- 13.3. Curtis-Wright Corporation
- 13.4. Element solution Inc.
- 13.5. Henkel Ag & Co.
- 13.6. Nippon Paint Co. Ltd
- 13.7. Nihon Parkerizing Co. Ltd
- 13.8. DUBOIS Chemicals
- 13.9. PPG Industries
- 13.10. Quaker Chemical Corporation
- 13.11. NOF Corporation
- 13.12. Henkel AG & Co.
- 13.13. Chemetall Inc.
- 13.14. DOW Chemicals
- 13.15. Elementis
- 13.16. Metal Finishing Technologies LLC
- 13.17. Raschig GmbH
- 13.18. Wuhan Jadechem International Trade Co. Ltd
- 13.19. Aalberts Surface Treatment GmbH
- 14. Key Strategic Recommendations
- List of Figures
- Figure 1 Global Surface Treatment Segmentation
- Figure 2 Global Surface Treatment Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 Global Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 5 Global Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 6 Global Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 7 Global Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 8 Global Surface Treatment Market Share, By Region, By Value, 2018-2028
- Figure 9 North America Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 10 North America Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 11 North America Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 12 North America Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 13 North America Surface Treatment Market Share, By Country, By Value, 2018-2028
- Figure 14 Europe Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 15 Europe Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 16 Europe Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 17 Europe Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 18 Europe Surface Treatment Market Share, By Country, By Value, 2018-2028
- Figure 19 The Asia-Pacific Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 20 The Asia-Pacific Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 21 The Asia-Pacific Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 22 The Asia-Pacific Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 23 The Asia-Pacific Surface Treatment Market Share, By Country, By Value, 2018-2028
- Figure 24 Latin America Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 25 Latin America Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 26 Latin America Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 27 Latin America Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 28 Latin America Surface Treatment Market Share, By Country, By Value, 2018-2028
- Figure 29 The Middle East & Africa Surface Treatment Market Size, By Value (USD Billion), 2018-2028
- Figure 30 The Middle East & Africa Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028
- Figure 31 The Middle East & Africa Surface Treatment Market Share, By Base Material, By Value, 2018-2028
- Figure 32 The Middle East & Africa Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028
- Figure 33 The Middle East & Africa Surface Treatment Market Share, By Country, By Value, 2018-2028
- List of Tables
- Table 1 Global Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 2 Global Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 3 Global Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 4 Global Surface Treatment Market Size, By Region, By Value, 2018-2028
- Table 5 North America Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 6 North America Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 7 North America Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 8 North America Surface Treatment Market Size, By Country, By Value, 2018-2028
- Table 9 Europe Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 10 Europe Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 11 Europe Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 12 Europe Surface Treatment Market Size, By Country, By Value, 2018-2028
- Table 13 The Asia-Pacific Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 14 The Asia-Pacific Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 15 The Asia-Pacific Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 16 The Asia-Pacific Surface Treatment Market Size, By Country, By Value, 2018-2028
- Table 17 Latin America Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 18 Latin America Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 19 Latin America Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 20 Latin America Surface Treatment Market Size, By Country, By Value, 2018-2028
- Table 21 The Middle East & Africa Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028
- Table 22 The Middle East & Africa Surface Treatment Market Size, By Base Material, By Value, 2018-2028
- Table 23 The Middle East & Africa Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028
- Table 24 The Middle East & Africa Surface Treatment Market Size, By Country, By Value, 2018-2028
- Table 25 Atotech Deutschland GmbH Company Overview
- Table 26 Atotech Deutschland GmbH Financial Overview
- Table 27 BASF SE Company Overview
- Table 28 BASF SE Financial Overview
- Table 29 Element solution Inc. Company Overview
- Table 30 Element solution Inc. Financial Overview
- Table 31 Henkel Ag & Co. Company Overview
- Table 32 Henkel Ag & Co. Financial Overview
- Table 33 Nihon Parkerizing Co. Ltd Company Overview
- Table 34 Nihon Parkerizing Co. Ltd Financial Overview
- Table 35 PPG Industries Company Overview
- Table 36 PPG Industries Financial Overview
- Table 37 Quaker Chemical Corporation Company Overview
- Table 38 Quaker Chemical Corporation Financial Overview
- Table 39 NOF Corporation Company Overview
- Table 40 NOF Corporation Financial Overview
- Table 41 Henkel AG & Co. Company Overview
- Table 42 Henkel AG & Co. Financial Overview
- Table 43 Chemetall Inc. Company Overview
- Table 44 Chemetall Inc. Financial Overview
- Table 45 DOW Chemicals Company Overview
- Table 46 DOW Chemicals Financial Overview
- Table 47 Elementis Company Overview
- Table 48 Elementis Financial Overview
- Table 49 Metal Finishing Technologies LLC Company Overview
- Table 50 Metal Finishing Technologies LLC Financial Overview
- Table 51 Raschig GmbH Company Overview
- Table 52 Raschig GmbH Financial Overview
- Table 53 Wuhan Jadechem International Trade Co. Ltd Company Overview
- Table 54 Wuhan Jadechem International Trade Co. Ltd Financial Overview
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