Metal Surface Treatment Chemicals protect metal against a corrosive environment by creating a physical barrier. It provides advantages such as rust and wears resistance and improves the decorative properties of the metal to enhance its appearance. These chemicals are utilized in numerous industries such as automotive, packaging, construction, and others. Due to the rising need and utilization of metal equipment and its protection against physical factors, the metal surface treatment chemicals market is witnessing significant growth. In addition, the growing demand for efficient metal treatment chemicals in different industries is propelling the market growth.
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|Key Companies Profiled||PPG Industries Ohio Inc. (United States), Henkel AG & Co. KGaA (Germany), Element Solutions Inc. (United States), BASF SE (Germany), Nippon Paint Holdings Co., Ltd. (Japan), Quaker Chemical Corporation (United States), JCU Corporation (Japan), Nihon Parkerizing Co. Ltd. (Japan), Oerlikon Group (Switzerland) and Algol Chemical (Finland)|
This growth is primarily driven by Increasing Use of Hydrophobic and Hydrophilic Coatings to Provide Durability and Rise in Demand for Durable and Wear Resistance Products.
Globally, a noticeable market trend is evident Introduction of Nanotech Coating to Improve Electrical Conductivity Major Vendors, such as PPG Industries Ohio Inc. (United States), Henkel AG & Co. KGaA (Germany), Element Solutions Inc. (United States), BASF SE (Germany), Nippon Paint Holdings Co., Ltd. (Japan), Quaker Chemical Corporation (United States), JCU Corporation (Japan), Nihon Parkerizing Co. Ltd. (Japan), Oerlikon Group (Switzerland) and Algol Chemical (Finland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. By upgrading its metal treatment capabilities and environmentally sustainable approaches, major companies are cultivating their position in the market. With increase in adoption of automation and environment friendly initiatives, many companies form strategic partnerships to gain competitive advantage and market share and to establish a robust market presence.
Key Developments in the Market:
On June 2021, Element Solutions Inc. made bidding offer to acquire Coventya Holding SAS, a global provider of specialty chemicals for the surface finishing industry. Through this acquisition, the company gained access to Coventya Holding SASs resources and capabilities to accelerate the growth.
On December 2021, Algol Chemicals initiated a distribution partnership with the surface treatment specialist Chemische Werke Kluthe GmbH. Through this collaboration, the company expanded its product reach to Sweden, Norway and Denmark and strengthened its global presence.
Introduction of Nanotech Coating to Improve Electrical Conductivity
Market Growth Drivers:
Increasing Use of Hydrophobic and Hydrophilic Coatings to Provide Durability and Rise in Demand for Durable and Wear Resistance Products
Inadequate Access To and Evaluation of Information on Hazardous Substances
Stringent Government Regulations Associated with Metal Treatment
Innovations in Metal Treatment Additives and Ingredients and Increasing Use of Bio-based Metal Treatment Chemicals
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Metal Surface Treatment Chemical Market
- Analysis about New Entrants in Metal Surface Treatment Chemical Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Metal Surface Treatment Chemical Study Sheds Light on
The Metal Surface Treatment Chemical Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Metal Surface Treatment Chemical industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Metal Surface Treatment Chemical industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.