Chemical Surface Treatment Market

Chemical Surface Treatment Market Growth Outlook (2023 to 2033)

The global chemical surface treatment market is US$ 16.2 billion in 2023. Global demand for chemical surface treatment is forecasted to surpass US$ 27.7 billion by the end of 2033, rising at a CAGR of 5.5% from 2023 to 2033.

Demand for chemical surface treatment is estimated to increase steadily in the transportation sector at a CAGR of 5.6%.

Surface treatment is a procedure widely used to alter the surface properties of already produced items to achieve the desired characteristics. It is either a chemical or mechanical process and is mainly employed to enhance wettability or adhesion and improve the appearance of products.

Some additional features of the chemical surface treatment process also include resistance to harmful chemicals, wear & tear, tarnishes, and corrosion.

The chemical surface treatment process is also utilized to remove surface flows, modify thermal & electrical conductivity, control surface attrition & friction, etc. Surface treatment chemicals are deployed for the effective completion of surface finish operations, which are based on chemicals. Electroplating of metal surfaces, corrosion curing, striping of paints and tough stains, and enhancing or reducing photosensitivity are some of the popular surface finish operations.

Surface treatment chemicals are used in various industrial metals and machinery to extend the performance and durability of products. Electricals, construction, and automotive are some key industries contributing to the increased demand for chemical treatment. It can add to the lifespan of metal equipment, which makes it a more sustainable and economical choice.

Increasing demand for low-density tough material and metal is observed in numerous emerging industries, including automotive & transport, construction, etc. Growing sales of passenger cars due to increasing per capita expenditure on luxury vehicles are also anticipated to generate lucrative opportunities in the target market.

Rapid industrialization across emerging economies, including South Korea, India, and other African countries, and increasing international trade are fueling opportunities in the transportation sector. Furthermore, the expansion of commercial and residential infrastructure in the construction industry is estimated to stimulate demand for numerous metal cleaning chemicals over the coming decade.

Prominent end-use industries, including marine, defense, and aerospace are also expected to propel the demand for metals, which is anticipated to boost sales of surface treatment chemicals.

Fact.MR, a provider of market research and competitive intelligence, mentioned in its newly published research report that the global chemical surface treatment market is fragmented in nature due to the presence of numerous companies across the globe. This research report will also help clients to get detailed insights into the market.

Report Attributes	Details
Market Size in 2023	US$ 16.2 Billion
Forecasted Market Value (2033)	US$ 27.7 Billion
Global Market Growth Rate (2023 to 2033)	5.5% CAGR
Canada Market Growth Rate (2023 to 2033)	4.6% CAGR
Germany Market Growth Rate (2023 to 2033)	4.1% CAGR
Growth Rate of Plating Chemicals (2023 to 2033)	5.9% CAGR
Key Companies Profiled	Advanced Chemical Company C. Uyemura & Co., Ltd. DuPont de Nemours, Inc. Grauer & Weil (India) Ltd. Industrial Metal Finishing, Inc. Nippon Paint Co., Ltd. Platform Specialty Products Corporation Quaker Chemical Corporation

Which Determinants are Generating Revenue for Chemical Surface Treatment Providers?

“Rapidly Rising Demand from Automotive Industry”

Chemical surface treatments are widely used in different end-use industries, including packaging, transportation, construction, and industrial machinery. These treatments offer wear resistance, corrosion resistance, electrical resistance, electrical conductivity, chemical resistance, hardness, and torque tolerance to base substrates. The growing demand for automobiles in emerging economies is predicted to fuel the demand for surface treatment chemicals.

“Rising Adoption of Chemical Surface Treatment by Construction Companies”

In recent years, there has been a noticeable increase in the number of infrastructure projects in developing as well as developed economies around the world. Surface treatment chemicals are frequently used in residential and commercial infrastructure projects.

Increasing demand for chemical treatment is attributed to its corrosion resistance and wear resistance properties. The development of heavy machinery for construction projects is also driving sales of treatment chemicals.

What are the Key Hurdles Encountered by Manufacturers of Chemical Surface Treatment Products?

“Stringent Regulations on Use of Plating Chemicals”

The implementation of stringent government regulations on the utilization of plating chemicals, which can be hazardous to human health is expected to create challenges against market growth.

• The Pollution Prevention and Control Directives were put into effect by the European Union to restrict the use of harmful chemicals, which can adversely impact growth opportunities.

Rising concerns related to the ill effects of surface chemicals have stimulated manufacturers to shift their concentration from normal chemicals to bio-based (green) chemicals, which can increase the cost of the final product.

Which Region is Expected to Contribute to Higher Revenue Share of Surface Treatment Chemicals?

“Large Industrial Base in Asia Pacific Generating Huge Demand for Chemical Surface Treatment”

Asia Pacific held 35.1% share of total global market revenue in 2022. Growth of the regional market is due to the larger industrial base and rising demand for automobiles. Governments from different regional countries are taking initiatives to attract investments from multiple international companies.

Sales of treatment chemicals and technical etchants are growing rapidly because of their use in numerous industries, including medical, manufacturing, and others. The advent of cheaper and lighter methods to attain superlative mechanical stress-withstanding abilities is predicted to augment growth opportunities in the Asia Pacific region.

Country-wise Insights

Which Factor is Driving the Growth of the Japanese Chemical Surface Treatment Market?

“Significant Growth of Construction Industry in Japan”

Demand for surface protection treatments is anticipated to advance at a CAGR of 3.3% from 2023 to 2033 in Japan.

Rapid growth of the construction industry is predicted to propel the demand for surface chemicals in the coming decade. Steady growth in the marine and automotive industries owing to growing public investment in the infrastructure industry will fuel growth opportunities in the target industry.

What is the Demand Outlook for Chemical Surface Treatment in the United States?

“Growing Demand for Surface Protection Treatment in Reconstruction Activities”

The valuation of the United States market was US$ 4.1 billion in 2022.

The United States holds a leading share of the regional market due to rising demand for surface chemicals from different industries, including defense, aerospace, and marine. Increasing reconstruction activities are also positively impacting demand for surface treatment methods.

Which Aspect is Responsible for Higher Utilization of Chemical Surface Treatment Processes in Germany?

“Continuous Expansion of Automotive Industry”

Demand for chemical surface treatment products is projected to progress at a CAGR of 4.1% from 2023 to 2033 in Germany. Significant expansion of the automotive industry is predicted to generate demand for chemical surface treatment in Germany over the coming 10 years.

Category-wise Insights

Demand for Which Chemical Surface Treatment Product is Forecasted to Increase Significantly?

“Plating Chemicals Creating Lucrative Opportunities for Market Players”

Based on chemical type, the global industry is classified into cleaners, conversion coatings, plating chemicals, and others. Among these, plating chemicals are estimated to hold a noticeable share of revenue due to their suitability in different end-use industries, including construction and industrial chemicals. The rising adoption of multiple plating for improved quality, bath solution losses, and reduced scrap rate is also generating lucrative opportunities in the target industry.

Demand for surface cleaning products or chemicals is predicted to grow at a noteworthy rate owing to their rising use in industries for degreasing and cleaning substrates before they are plated. They can also remove coolants and oils, carbon smut, metal oxides, lapping compounds, and other soils from surfaces at the time of treatment procedures.

Which Base Material is Gaining Popularity for Chemical Treatment?

“Increased Demand for Plastic Due to its Lightweight Feature”

Based on base material, the industry is segmented into metal, plastic, glass, wood, and others. Demand for plastics is expected to increase significantly due to their rising preference in different industries, including construction and transportation. They are lightweight and offer ease of fabrication.

The growing use of chemical surface treatment is attributed to its rising utility in automotive and general industries. Chemical polishing is applied for aesthetic surface treatment and is an effective treatment method to increase products’ efficiency.

Which End-use Sector Utilizes Chemical Treatment Products Significantly?

“Increased Demand for Chemical Surface Treatment in Transportation Sector”

Industrial machinery, transportation, packaging, wood industry, construction, aerospace, metalworking industry, general industry, and others are some key end-use sectors, which are generating demand for chemical surface treatment products. Demand for chemical treatment is predicted to expand at a CAGR of 5.6% through 2033 in the transportation sector and is expected to hold a remarkable share of the global market revenue.

Improving road infrastructure and ongoing urbanization are estimated to lead to an increasing number of personal vehicles around the world. The automotive industry plays a pivotal role in the economy of any country. In the past few years, a rapid increase in the production of electric vehicles (EVs) is also estimated to contribute to the overall growth of the automotive sector. Therefore, increasing production of vehicles around the world is predicted to stimulate demand for chemical surface treatment products.

Competitive Landscape

Manufacturers from the industry are investing in various advanced tools, which are used in the manufacture of chemical treatment products. They are investing significantly to strengthen their system of supply chain management for the delivery of quality products to end users.

Mergers & acquisitions help prominent companies to generate new growth opportunities.

For instance,

• PPG announced its purchase of the power coatings branch of Arsonsisi in February 2022. Arsonsisi is a popular exporter of various specialist coatings for commercial and residential use. This purchase will help PPG to expand its portfolio of powder coatings throughout Africa, Europe, and the Middle East.

Advanced Chemical Company, C. Uyemura & Co., Ltd., DuPont de Nemours, Inc., Grauer & Weil (India) Ltd., Industrial Metal Finishing, Inc., Nippon Paint Co., Ltd., Platform Specialty Products Corporation, and Quaker Chemical Corporation are leading companies in the chemical surface treatment market.

Segmentation of Chemical Surface Treatment Industry Research

• By Chemical Type :

  • Cleaners
  • Plating Chemicals
  • Conversion Coatings
  • Others

• By End Use :

  • Transportation
  • Construction
  • Packaging
  • General Industry
  • Aerospace
  • Industrial Machinery
  • Metal Working Industry
  • Wood Industry
  • Others

• By Base Material :

  • Metals
  • Glasses
  • Plastics
  • Wood
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa