Unlocking New Opportunities: Global Chemical Surface Treatments Market Forecast| Marketsandmarkets™

By Author: Jack Martin
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Chemical surface treatment is the process of altering the surface qualities of a material by using a chemical solution or substance. This treatment is often used to clean, etch, passivate, or coat metals, polymers, and ceramic surfaces. Many industries, including automotive, aerospace, electronics, and medical equipment, require chemical surface treatment. It can be used to improve paint or coating adhesion to a surface, boost corrosion resistance, and improve a material's mechanical qualities. The chemical surface treatments market size was projected to grow to USD 14.74 Billion by 2022, at a CAGR of 5.7% from 2017 to 2022.

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The drivers for the Chemical Surface Treatments Market include:

Increasing demand for enhanced surface characteristics and performance from end-use industries such as automotive, aerospace, and electronics.
Surface preparation and treatment are becoming increasingly important for improved adhesion of coatings, paints, and adhesives.
Rising demand for environmentally safe and long-lasting ...
... surface treatments such as water-based coatings and plasma treatments.
Surface treatment method technological improvements and innovations lead to increased efficiency and cost-effectiveness.
Anti-corrosion surface treatments are becoming increasingly used in a variety of industries to extend the life of equipment and machinery.
Surface treatment procedures are increasingly being used in the medical and healthcare industries to prepare medical devices and implants.
The growing tendency in numerous industries towards lightweight and high-performance materials is leading to increased use of surface treatments for improved attributes.
New applications and end-use sectors, such as renewable energy and 3D printing, have opened up new potential for chemical surface treatments.
The growth of the chemical surface treatments market across the globe is fueled by the increasing use of chemical surface treatments in various end-use industries to reduce corrosion of materials as well as enhance properties of base materials that include their appearance, wettability, tarnish resistance, wear resistance, electrical conductivity, electrical resistance, reflexivity, torque tolerance, hardness, and chemical resistance. Moreover, the rising Gross Domestic Product (GDP), growing global population, and improving economic conditions of various countries of the world are factors expected to fuel the demand for consumer appliances across the globe, which, in turn, is expected to contribute to increased demand for chemical surface treatments.

Due to its widespread application in the automotive and electronics industries, the plating chemicals category held the greatest market share for chemical surface treatments worldwide. In addition to improving electrical and thermal conductivity and the visual appeal of objects, plating chemicals also protect against corrosion and wear. Over the projected period, the growing demand for plating chemicals from various industries is anticipated to propel the segment's expansion.

The plastics base material category is expected to lead the chemical surface treatments market due to increasing demand for plastics in various industries such as automotive, packaging, and electronics. Plastics are lightweight, sturdy, and inexpensive, making them a popular manufacturing material. Surface treatments using chemicals are used to improve aesthetics, wear and corrosion resistance, and friction. These treatments are done to plastics to increase the material's performance in a variety of applications.

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The Asia Pacific region is projected to lead the global chemical surface treatments market during the forecast period. This is attributed to the growing demand for chemical surface treatments from the automotive, aerospace, and marine industries. One of the key factors is the growing industrialization and increasing demand for high-quality products in countries like China, India, and Japan. These countries have a large manufacturing base and are major consumers of chemicals for surface treatment.

Some of the key players operating are Specialty Products Inc. Corporation (US), NOF METAL COATINGS GROUP (Japan), Atotech B.V. (Germany), Henkel AG & Co. KGaA (Germany), Chemetall, Inc. (Germany), Nihon Parkerizing Co Ltd (Japan), PPG Industries, Inc. (US), Chemetall, Dow, Advanced Chemical Industries Company, Houghton International, Inc., Platform Specialty Products Corporation (US)and others.

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