Study papers on Chemical Surface Treatment market and regional forecast. Chemical Surface Treatment market players are Platform Specialty Products Corporation (US), NOF Corporation (Japan), Atotech Deutschland GmbH (Germany), HenkelAG & Co. KGaA (Germany), Chemetall, Inc. (Germany), Nihon Parkerizing Co., Ltd. (Japan), and PPG Industries, Inc. (US).The report also includes detailed information about various growth strategies adopted by these key players to strengthen their position in the chemical surface treatments market.
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chemical surface treatments market is projected to grow from USD 11.18 billion in 2017 to USD 14.74 billion by 2022, at a CAGR of 5.7% from 2017 to 2022.Increasing demand for chemically treated surfaces from various industries such as transportation, industrial machinery, and construction to enhance properties of various types of base materials is expected to drive the growth of the chemical surface treatments market across the globe during the forecast period. In addition, the growing demand for automobiles from across the globe is also expected to propel the demand for chemical surface treatments between 2017 and 2022.
The formulation and stringent implementation of various government regulations on the use of some chemical surface treatments, which are considered hazardous to human health is a major challenge for the growth of the chemical surface treatments market.
- Manufacturers of Chemical surface treatments
- Traders, Distributors, and Suppliers of Chemical surface treatments
- Raw Material Suppliers
- Governments and Research Organizations
- Associations and Industrial Bodies
- R&D Institutions
- Environment Support Agencies
The Asia Pacific chemical surface treatments market is projected to grow at the highest CAGR between 2017 and 2022.
The growing number of automobiles, increasing population, and ongoing urbanization, which increase the demand for construction activities in the region, are factors fueling the growth of the Asia Pacific chemical surface treatments market. In addition, high economic growth rate of emerging countries such as India, China, and Thailand, increased number of manufacturing industries in the Asia Pacific region, availability of cheap labor, increased foreign investments, and rise in applications of chemical surface treatments in various industries such as automotive, industrial machinery, and electrical & electronics are also fueling the growth of the Asia Pacific chemical surface treatments market.
The emergence of countries such as China, South Korea, and Japan as major production hubs for industrial machinery and electronic components across the globe is also expected to drive the growth of the Asia Pacific chemical surface treatments market during the forecast.
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The plating chemicals type segmented the chemical surface treatments market in 2016. The growth of this segment of the market can be attributed to the growing use of plating chemicals in a number of industries such as transportation, construction, general industry, industrial machinery, and packaging, among others to enhance paint adhesion of base materials and improve their surface quality.
With rapid industrialization, especially in emerging economies, the demand for these plating chemicals is continuously increasing.
2 Market Ranking of Key Players
3 Competitive Scenario
3.1 Joint Ventures & Acquisitions
3.2 Investments & Expansions
3.3 New Product Launches and Technological Developments
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The objective of this study is to define, describe, and forecast the chemical surface treatments market based on various segmentations and strategically analyze these market segments with respect to individual growth trends, future growth prospects, and contribution to the overall chemical surface treatments market. In this report, the chemical surface treatments market has been segmented based on type, base material, end-use industry, and region.
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