Lucintel’s latest market report analyzed that metal surface treatment chemical provides attractive opportunities in the automotive, electrical and electronics, construction, packaging, and aerospace markets. The metal surface treatment chemical market is expected to reach $4.5 billion by 2025 with a CAGR of 3.3%. In this market, a conversion coating is the largest segment by chemical type, whereas automotive is largest by application. The replacement of phosphate conversion coatings with zirconium-based conversion coatings, and multiplex surface treatment provides strategic growth path in this market.
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Based on chemical type, the metal surface treatment chemical market is segmented into cleaners, conversion coatings, plating chemicals, and other chemicals. The conversion coatings segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to its improved corrosion resistance, wear resistance, adhesion, aesthetic appearance, and lubricative properties.
Browse in-depth TOC on “Metal Surface Treatment Chemical Market”
53 – Tables
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210 – Pages
The metal surface treatment chemical market is marked by the presence of several big and small players. Some of the prominent players offering metal surface treatment chemical include PPG Industries, Inc., Henkel AG & Company, KGaA, Platform Specialty Products Corporation, Quaker Chemical Corporation, Nippon Paint Holdings Co., Ltd. and others.
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