Coating Pretreatment Market 2018 – Growing Demand for Zirconium Based Materials to drive a rocking CAGR growth!

“Coating Pretreatment Market”
Coating Pretreatment Market Research Report, By Product Type (Phosphate, Chromate, Blast Clean and Others), By Application (Consumer Appliances, Automotive & Transportation, Construction and others) – Forecast To 2022

Scenario of Coating Pretreatment Market:

Coating Pretreatment is a technique to avoid or minimize corrosion and to obtain a smooth and even finish of the final product. The Global Coating Pretreatment Market is anticipated to generate approximately USD 4,230 million with a CAGR of around 6.3% by the end of forecast period of 2022.

Segments:

Product Type – Etching, Blast Clean, Phosphate, Chromate, Zinc and Nickel, Aluminum substrates, Others. Phosphates are dominating the market by product types.

Substrate – Metals (Steel, Aluminum, Zinc and Copper, Others), Non-metals

Application – Consumer Appliances, Automotive & Transportation, Construction, Metal Industries and others. The Automotive & Transportation industry dominate the market by applications.

Industry Trends and News:

Trends

Green Coating Pretreatment to replace phosphate coatings with greener, nonpolluting materials is the latest trend so as to reduce the high pollution effects.

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Zirconium is expected to be the fastest growing material due to inherent advantages such as thinner coating than iron phosphates of 20-80 nm thickness, environmentally friendly nature, savings due to room temperature operations and fewer process stages, elimination of sludge formation, and others.

Silicon based coating pretreatment are expected to generate faster growth on account of their stronger binding between metal substrate and organic materials.

Mergers

December, 2016 – BASF acquired Chemetall with an aim to expand its product portfolio and to gain market expertise of Chemetall thus benefiting from additive infrastructure, scale and market access.

October, 2015 – PPG Industries acquired the remaining interest in Chemfil Canada Limited, at an undisclosed amount so as to enhance presence in Canada market.

Regional analysis:

North America is expected to possess largest market led by the U.S. The large automotive industry of the U.S. is a prime driver of its market. North America is followed by Europe led by another automotive giant Germany followed by France and the U.K.

The Asia Pacific market is expected to be led by Japan, China and India owing to their developed automotive and metal industries. The growing industrialization and rising per capita income of Asia Pacific is the prime driver of the market.

The Middle East and Africa market is expected to be led by the Gulf economies of Saudi Arabia, UAE, Kuwait and Turkey. The African market is expected to be led by Nigeria, South Africa and others.

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