North America chemical surface treatment market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.2% in the forecast period of 2020 to 2027 and expected to reach USD 21,407.28 thousand by 2027. Increasing demand of durable metal products is the factors for the market growth.
North America region is dominating due to increase demand for the automobile industries is increased the demand for the chemical surface treatment in the region. Several chemicals are applied on the surface of metals in the different industries to control the corrosion and increase the efficiency of work in the factories. Chemical surface treatment has the composition of the different component which controls the corrosion on the surface and provides the strength ability to metal in every temperature. The growing requirement of wear resistant metal products acts as the driver in the North America chemical surface treatment. The increasing environmental regulations that owe huge waste chemicals can be the challenge for the manufacturers of the chemical surface treatment market. The use of multi-phase metalworking fluids can be the opportunity of chemical surface treatment market.
This North America chemical surface treatment market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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North America Chemical Surface Treatment Market Scope and Market Size
North America chemical surface treatment market is segmented into product, base, application end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the North America chemical surface treatment market is segmented into plating chemicals, conversion coating, activating agents, paint strippers, cleaners, metal working fluids, others. Conversion coating is dominating in North America among the entire segment because of increasing demand by the automobile industries for the conversion coating.
On the basis of base, the North America chemical surface treatment market is segmented into metals, plastics, wood and others. Metal is dominating in the North America region due to more usage of metal in aerospace industries in the U.S. and Canada.
On the basis of application, North America chemical surface treatment market is segmented into metals coloring, corrosion inhibitors, post treatments, pretreatment cleaners, pretreatment conditioners, decorative, planting and others. Corrosion inhibitors, is dominating the North America market as due to corrosion inhibitors reduced heat resistant for the automotive industry which boost the demand.
On the basis of end-user, North America chemical surface treatment market is segmented into building and construction, transportation, aerospace and defence, non-ferrous metal, household appliances, general industry, industrial machinery, electronics, paints and coatings, others. Transportation is dominating the North America market due to increasing demand of the luxurious cars in the region.
Competitive Landscape and Chemical surface treatment Market Share Analysis
North America Chemical surface treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America chemical surface treatment market.
The major companies engaged in the manufacturing of chemical surface treatment are Henkel Corporation (A Subsidiary of Henkel AG & Co. KGaA), PPG Industries, Inc., Industrial Metal Finishing, Chemetall GmbH (A Subsidiary of BASF SE), COVENTYA International, Nippon Paint Surf Chemicals Co., Ltd. (A Subsidiary of Nippon Paint Holdings Co., Ltd.), Houghton International Inc., ELEMENTIS PLC., Quaker Chemical Corporation d/b/a Quaker Houghton, Element Solutions Inc, Nihon Parkerizing Co.,Ltd., A Brite Company., McGean-Rohco Inc., Coral, DuPONT, TIB Chemicals AG, NOF Corporation, Uyemura and Atotech among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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For instance,
In December 2019, PPG Industries, Inc. had done an expansion with the Jim Cramer in order to expand business in China. The expansion has helped in increasing the customer base and generated revenue of the business.
In July 2019, COVENTYA International increases the Alumal product range by offering new colors which are used in the surface treatment. The expansion has helped in increasing the revenue of the business.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for chemical surface treatment through expanded range of business in the market.
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