Report Overview

Global Surface Treatment Market - Industry Trends & Forecast Report 2028 

The global surface treatment market is expected to grow from USD 6.2 Billion in 2021 to USD 9.4 billion in 2028 at a CAGR of 6.1% during the forecast period of 2022-2028. This can be attributed to the extensive employment of surface treatment across a range of end-use industries like transportation, packaging, construction, industrial machinery, and many others. Moreover, the advantages offered by the surface treatment include corrosion resistance, electrical conductivity, wear resistance, reflexivity, electrical resistance, hardness, torque tolerance, and chemical resistance to the base substrates, which act as a major force in driving its demand in the global market.

Surface Treatment Overview 

Surface Treatment can be defined as a process of improving the properties such as hardness, wear- and corrosion resistance, etc., of various surfaces. High quality and outstanding durability can be achieved through effective surface treatment processes. It is also a proven method for eradicating sludge generation in metals and maintaining excellent corrosion protection. The process generally involves cleaning, activation, phosphating, and passivation. It is used to perform chemical-based surface finishing operations such as lowering or improving photosensitivity, stripping paints and other difficult stains, corrosion curing, and, most critically, electroplating metal surface defects and controlling surface friction and attrition.

Global Surface Treatment Market

Growth Drivers 

Rising Demand For Metal And Low Density Yet Tough Material In Emerging Industries Driving The Market Growth

The most imperative advantage of surface treatment chemicals is that they add up to the metal equipment's lifespan, making it a more economical and sustainable choice. As the end-use industry is the largest buyer of surface treatment chemicals, the increasing demand for metal and low density yet tough material in several industries such as construction, automotive, and transportation is projected to show in the global surface treatment market. The trend is expected to affect the global surface treatment market positively. Also, swift industrialization in emerging economies like South Korea, China, India, and other African countries, alongside growing international trade powering the transportation sector and intensifying residential and commercial infrastructure among the construction sector, is escalating demand for surface treatment chemicals during the forecast period 2022-2028.

Restraint

Strict Government Regulations And Policies Is Impeding The Market Growth

Although the surface cleaning market is showing an unprecedented growth rate, certain factors are likely to hamper the market's growth. These factors include the rigorous regulatory measures of the developed as well as some emerging economies. Moreover, the stringent environmental norms related to the release of harmful chromium contents, like hexavalent chromium, volatile organic compounds (VOCs), etc. also play a crucial role in negatively impacting the automotive and aerospace, thus in turn affecting the global surface treatment market during the forecast period 2022-2028.

Impact Of COVID-19 On Global Surface Treatment Market

The impact of the COVID-19 pandemic on demand for surface treatments is different in different end-use industries. Among different markets, automotive and aerospace are the two major markets that registered an immense downfall in demand for surface treatments during the pandemic. On the other hand, metal processing and aluminum finishing, the other two major markets, saw a minor impact on the pandemic. Overall, the global surface treatment market experienced a colossal decline in the market size. A major come-back is expected from the first quarter of 2022 onwards, with sequential growth in the succeeding years.

Global Surface Treatment Market– By Chemical Type

Based on type, the global surface treatment type market is segmented into the following categories: cleaners, plating chemicals, and conversion coatings. Amidst the segmentation, the plating chemicals segment held the largest share of the surface treatments market in 2021. The growth can be attributed to the burgeoning use of plating chemicals in several end-use industries, such as transportation, construction, and industrial machinery. In terms of cleaning chemicals, they remove oils & coolants, metal oxides, carbon smut, lapping compounds, and other soils during surface treatment processes. Thus, the cleaners segment of the surface treatment market shall grow during the forecast period 2022-2028. The escalating use of surface cleaning chemicals has amplified production.

Global Surface Treatment Market– By Material Type

Based on the material type, the global surface treatment market is segmented into the following categories: metals, plastics, and others. The metal segment maintained its dominance in 2021 in terms of market size, whereby the plastic segment is anticipated to grow at the highest rate over the forecast period 2022-2028. Metals are more disposed to corrosion and degradation, making the use of surface treatment chemicals critical in metal surfaces. Steel and aluminum are the chief substrates where surface treatment chemicals are extensively used.

Global Surface Treatment Market– By End-Use Industry

Based on the end-use industry, the global surface treatment market has been segmented into the following categories: transportation, construction, oil & gas pipeline, industrial machinery, others. Amidst the segmentation, The automotive industry is expected to remain the sector with the highest growth rate during the forecast period 2022-2028. This is attributable to the high demand created by this sector. Extensive use of surface treatment chemicals on the body parts of vehicles, huge automotive fleet size, and probable recovery in vehicle production in the post-pandemic market developments are some of the major driving factors fueling the segment’s market growth. Furthermore, there is an increase in demand for wear- and corrosion-resistant products across industry verticals such as automotive, steel, aluminum, metal processing, etc.

Global Surface Treatment Market– Regional Insights

Based on regions, the global surface treatment market has been segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Amidst the segmentation, North America accounted for the largest market for surface treatments in 2021. The USA is the forerunner of the region’s surface treatment market. Contrastly, Asia-Pacific is abundant with profitable growth opportunities over the forecast period 2022-2028. This can be attributed to the surging industrialization and the emergence of the new startup culture in this region. Countries like China and India are the key emerging countries and are inevitably gaining momentum.

Competitive Landscape 

The key players dominating the global surface treatment market are Atotech Deutschland GmbH, BASF SE, Curtis-Wright Corporation, Element solution Inc., Henkel Ag & Co., Nippon Paint Co.Ltd, Nihon Parkerizing Co. Ltd, NOF Corporation, DUBOIS Chemicals, SurtecPPG Industries, Quaker Chemical Corporation, NOF Corporation, Henkel AG & Co. KGaA, Chemetall Inc., PPG Industries Inc., DOW Chemicals, Elementis, Metal Finishing Technologies LLC, Raschig GmbH, Wuhan Jadechem International Trade Co. Ltd and Aalberts Surface Treatment GmbH and other prominent players. The significant market pioneers maintain their dominance in the market by investing in innovative activities launching improved surface treatment products for the customers. Different strategies are adopted, like engaging in strategic alliances, agreements, mergers, and collaborations.

Recent Development

• May 2020: BASF’s coating division operating under the Chemetall brand in China launched, FiSan, a full range of sanitization solutions including cleaners, adhesives, conveyer lubricants for the food and beverage industry. 

• July 2021: Arjowiggins, a France-based company, launched antimicrobial surface treatment for paper products to proactively curb the growth of harmful microbes for the intended lifetime of the product or up to 10 years.

Scope of Report:

By Chemical Type  

• Cleaners
• Plating Chemicals
• Conversion Coatings

By Base Material

• Metals
• Plastic
• Others

By End-Use Industry

• Transportation
• Construction
• Oil & Gas Pipeline
• Industrial Machinery
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Surface Treatment Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Surface Treatment Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Chemical Type
         1. Cleaners
         2. Plating Chemicals
         3. Conversion Coatings
      2. By Base Material
         1. Metals
         2. Plastic
         3. Others
      3. By End-Use Industry
         1. Transportation
         2. Construction
         3. Oil & Gas Pipeline
         4. Industrial Machinery
         5. Others
      4. By Region
         1. North America
         2. Europe
         3. The Asia-Pacific
         4. Latin America
         5. The Middle-East and Africa
6. North America Surface Treatment Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Chemical Type
      2. By Base Material
      3.  By End Use Industry
      4.  By Country
         1. United States
         2. Canada
7. Europe Surface Treatment Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Chemical Type
      2. By Base Material
      3. By End Use Industry
      4. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. Asia Pacific Surface Treatment Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Chemical Type
      2. By Base Material
      3. By End Use Industry
      4. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Surface Treatment Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Chemical Type
      2. By Base Material
      3. By End Use Industry
      4. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. Middle East & Africa Surface Treatment Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Chemical Type
       2. By Base Material
       3.  By End Use Industry
       4. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on Surface Treatment Market Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Atotech Deutschland GmbH
    2. BASF SE
    3. Curtis-Wright Corporation
    4. Element solution Inc.
    5. Henkel Ag & Co.
    6. Nippon Paint Co. Ltd
    7. Nihon Parkerizing Co. Ltd
    8. DUBOIS Chemicals
    9. PPG Industries
    10. Quaker Chemical Corporation
    11. NOF Corporation
    12. Henkel AG & Co.
    13. Chemetall Inc.
    14. DOW Chemicals
    15. Elementis
    16. Metal Finishing Technologies LLC
    17. Raschig GmbH
    18. Wuhan Jadechem International Trade Co. Ltd
    19. Aalberts Surface Treatment GmbH
14. Key Strategic Recommendations

List of Figures

Figure 1      Global Surface Treatment Segmentation

Figure 2      Global Surface Treatment Market Value Chain Analysis

Figure 3      Company Market Share Analysis, 2021

Figure 4      Global Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 5      Global Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 6      Global Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 7      Global Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 8      Global Surface Treatment Market Share, By Region, By Value, 2018-2028

Figure 9      North America Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 10    North America Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 11    North America Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 12    North America Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 13    North America Surface Treatment Market Share, By Country, By Value, 2018-2028

Figure 14    Europe Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 15    Europe Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 16    Europe Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 17    Europe Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 18    Europe Surface Treatment Market Share, By Country, By Value, 2018-2028

Figure 19    The Asia-Pacific Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 20    The Asia-Pacific Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 21    The Asia-Pacific Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 22    The Asia-Pacific Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 23    The Asia-Pacific Surface Treatment Market Share, By Country, By Value, 2018-2028

Figure 24    Latin America Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 25    Latin America Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 26    Latin America Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 27    Latin America Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 28    Latin America Surface Treatment Market Share, By Country, By Value, 2018-2028

Figure 29    The Middle East & Africa Surface Treatment Market Size, By Value (USD Billion), 2018-2028

Figure 30    The Middle East & Africa Surface Treatment Market Share, By Chemical Type, By Value, 2018-2028

Figure 31    The Middle East & Africa Surface Treatment Market Share, By Base Material, By Value, 2018-2028

Figure 32    The Middle East & Africa Surface Treatment Market Share, By End Use Industry, By Value, 2018-2028

Figure 33    The Middle East & Africa Surface Treatment Market Share, By Country, By Value, 2018-2028

List of Tables

Table 1   Global Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 2   Global Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 3   Global Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 4   Global Surface Treatment Market Size, By Region, By Value, 2018-2028

Table 5   North America Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 6   North America Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 7   North America Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 8   North America Surface Treatment Market Size, By Country, By Value, 2018-2028

Table 9   Europe Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 10  Europe Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 11  Europe Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 12  Europe Surface Treatment Market Size, By Country, By Value, 2018-2028

Table 13  The Asia-Pacific Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 14  The Asia-Pacific Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 15  The Asia-Pacific Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 16  The Asia-Pacific Surface Treatment Market Size, By Country, By Value, 2018-2028

Table 17  Latin America Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 18  Latin America Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 19  Latin America Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 20  Latin America Surface Treatment Market Size, By Country, By Value, 2018-2028

Table 21  The Middle East & Africa Surface Treatment Market Size, By Chemical Type, By Value, 2018-2028

Table 22  The Middle East & Africa Surface Treatment Market Size, By Base Material, By Value, 2018-2028

Table 23  The Middle East & Africa Surface Treatment Market Size, By End Use Industry, By Value, 2018-2028

Table 24  The Middle East & Africa Surface Treatment Market Size, By Country, By Value, 2018-2028

Table 25  Atotech Deutschland GmbH Company Overview

Table 26  Atotech Deutschland GmbH Financial Overview

Table 27  BASF SE Company Overview

Table 28  BASF SE Financial Overview

Table 29  Element solution Inc. Company Overview

Table 30  Element solution Inc. Financial Overview

Table 31  Henkel Ag & Co. Company Overview

Table 32  Henkel Ag & Co. Financial Overview

Table 33  Nihon Parkerizing Co. Ltd Company Overview

Table 34  Nihon Parkerizing Co. Ltd Financial Overview

Table 35  PPG Industries Company Overview

Table 36  PPG Industries Financial Overview

Table 37  Quaker Chemical Corporation Company Overview

Table 38  Quaker Chemical Corporation Financial Overview

Table 39  NOF Corporation Company Overview

Table 40  NOF Corporation Financial Overview

Table 41  Henkel AG & Co. Company Overview

Table 42  Henkel AG & Co. Financial Overview

Table 43  Chemetall Inc. Company Overview

Table 44  Chemetall Inc. Financial Overview

Table 45  DOW Chemicals Company Overview

Table 46  DOW Chemicals Financial Overview

Table 47  Elementis Company Overview

Table 48  Elementis Financial Overview

Table 49  Metal Finishing Technologies LLC Company Overview

Table 50  Metal Finishing Technologies LLC Financial Overview

Table 51  Raschig GmbH Company Overview

Table 52  Raschig GmbH Financial Overview

Table 53  Wuhan Jadechem International Trade Co. Ltd Company Overview

Table 54  Wuhan Jadechem International Trade Co. Ltd Financial Overview