The global surface treatment chemicals market recorded a value of $6,187.4 million in 2019 and is projected to reach $7,833.5 million by 2025, registering a CAGR of 6.19% (value) during the forecast period 2020-2025. The growth in the global surface treatment chemicals market is attributable to the high adoption of these chemicals in the growing end-use industries, such as automotive, general industry, aerospace, metal working, and heavy industries. The global surface treatment chemicals market has been segmented on the basis of type surface treatment chemicals used, type of base materials/surfaces on which these solutions are applied, and application. This research also analyzes the adoption of surface treatment chemicals in different regions and countries and provides comparative analysis of alternatives available.

Read Report Overview at: https://bisresearch.com/industry-report/global-surface-treatment-chemicals-market.html

Due to various benefits offered by the surface treatment chemicals, they have been gaining popularity in the global end-use industries. As a result, existing and new market players are entering this business and engaging in research and development (R&D) for new surface treatment chemicals and their methods of applications. However, the high initial costs and proper understanding of the associated R&D have been a key challenge for the new entrants.

Metals as base materials are expected to dominate the global surface treatment chemicals market during the forecast period (2020-2025). The growing demand for these materials can be attributed to the growing consumption of iron, steel, and aluminum in various industries such as automotive, aerospace, and construction.
However, surface treatments for others (wood and glass) are expected to witness the fastest market growth during the forecast period (2020-2025). This can be primarily attributed to the growing adoption of surface treatments in wood and glass surfaces. Plastics have also been witnessing growing adoption of surface treatment solutions, due to the various end-use industries using plastics as a replacement in automobiles, aerospace, and construction industries, primarily due to the lightweight, economical, and non-corrosive behavior of this material.

The automobile sector has been witnessing growing adoption for surface treatments chemicals in the interior parts, such as engines, gearboxes, and other movable items, for improving the durability and increasing the longevity of these components. In addition, exterior components, including vehicles’ body parts require surface treatment for the enhancement of aesthetics. The recent technological upgradations have led to the development of newer techniques for the application of these solutions on vehicles. Some of these include physical vapor deposition (PVD), thermal spraying, and thermomechanical heat treatments, which are primarily used for engines and transmission units of automobiles.

For the Sample Report, Click here: https://bisresearch.com/requestsample?id=980&type=download

The demand for surface treatment chemicals varies across various geographical regions holding a prominent market share in North America, Europe, Asia-Pacific & Japan (APJ), China, and the U.K. Europe, North America, Asia-Pacific & Japan (APJ), and China hold significant shares in the global surface treatment chemicals market. In terms of revenue generation for this market, Europe has been dominating, as the region has been witnessing greater adoption for the surface treatment chemicals in its well-developed automotive, industrial, and aerospace sectors. North America has been the second-highest adoption region for surface treatment chemicals. The U.S. has been witnessing greater adoption for surface treatment chemicals in its well-established aerospace sector, followed by automotive and other industries.

About BIS Research:

BIS Research (Business Intelligence and Strategy Research) is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

What distinguishes BIS Research from the rest of the players is that we not only provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

Contact:

Bhavya Banga
Email: [email protected]
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://blog.bisresearch.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch