The global Surface Treatment Chemicals Market is forecasted to be worth USD 19.90 Billion by 2027, according to a current analysis by Emergen Research. The market is witnessing an increased demand owing to the rising demand for durable and wear-resistant products. These chemicals are used in different fields, such as wood, glass, jewelry, medical, and others. The product is in high demand in automotive coatings. As the market for automotive is growing, the surface treatment chemicals are also witnessing an increased growth. Growth in industrialization has also impacted the market demand. The heavy machinery requires constant protection, and manufacturers plate them with surface treating chemicals to protect them from rust and other issues.
As per the predictors of Emergen Research, the Surface Treatment Chemicals is a major functional ingredient in many food stuffs and thus there is an increasing demand for Surface Treatment Chemicals from food & beverage sector. Besides, awareness is growing among people about health and nutritional products. All these factors are projected to bolster the growth of the global Surface Treatment Chemicals market in the analysis period. Moreover, the increase in number of R&D activities for the development of novel products coupled with favorable government initiatives to promote healthy diet are expected to make huge growth opportunities for the global market.
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Top competitors of the Surface Treatment Chemicals Market profiled in the report include:
NOF Corporation, Platform Specialty Products Corporation, Chemetall Inc., Atotech Deutschland GmbH, Henkel AG & Co. KGaA, A Brite Company, Nihon Parkerizing Co. Ltd., PPG Industries Inc., Advanced Chemical Company, and DOW, among others.
The research provides answers to the following key questions:
- What will be the growth rate of the Surface Treatment Chemicals market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Surface Treatment Chemicals market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Surface Treatment Chemicals market for the forecast period, 2018 to 2028?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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SCOPE OF THE REPORT
The study draws a forecast of the growth of the Surface Treatment Chemicals market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
For the purpose of this report, Emergen Research has segmented into the global Surface Treatment Chemicals Market on the basis of chemical type, base material type, industry vertical, and region:
Chemical Type Outlook (Revenue, USD Billion; 2017-2027)
- Plating Chemicals
- Conversion Coating
Base Material Type Outlook (Revenue, USD Billion; 2017-2027)
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
- General Industry
In market segmentation by geographical regions, the report has analysed the following regions-
Middle East and Africa
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