The Surface Treatment Chemicals Market is being driven by Increasing focus on corrosion protection
The Surface Treatment Chemicals Market is expected to grow at a CAGR of 7.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5132.8 million. The global surface treatment chemicals market is witnessing a notable trend towards the adoption of eco-friendly and sustainable solutions. Stricter environmental regulations and the growing priority on sustainability in various industries are driving this shift. There is a strong push to replace hazardous chemicals, such as those containing volatile organic compounds (VOCs), heavy metals, and chromates, with non-toxic, water-based, and biodegradable alternatives. This trend is fueled by heightened environmental and worker safety concerns, as well as the need to minimize carbon footprints and promote circular economy principles. Manufacturers are addressing this demand by developing advanced surface treatment formulations that maintain or even enhance performance standards. These include chromate-free corrosion inhibitors, phosphate-free metal pretreatments, and VOC-free coatings.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
223 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.7% |
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Market growth 2025-2029 |
USD 5132.8 million |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
7.4 |
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Key countries |
US, China, India, Japan, Germany, South Korea, UK, Canada, Brazil, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Surface Treatment Chemicals Market encompasses a range of products used in various pretreatment processes and surface preparation techniques for different industries. Coating application equipment is essential for applying these chemicals effectively. Quality assurance standards, industry regulations, health and safety, waste management, and material science are key considerations. Applications include automotive, aerospace, electronics, medical, construction, packaging, consumer goods, metal finishing, plastic finishing, wood finishing, ceramic finishing, composite materials, and polymer science. Surface engineering, corrosion science, materials characterization, and surface analysis techniques are also important areas of application.
The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue of these businesses. Factors propelling the expansion of the specialty chemicals market include the increasing preference for specialty adhesives and sealants. The burgeoning demand for these products will significantly contribute to market growth throughout the forecast period. Specifically, corrosion inhibitors, protective coatings, adhesion promoters, cleaning agents, epoxy resins, and polyurethane coatings will witness notable demand due to their crucial roles in enhancing product performance and longevity.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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