Metal Treatment Chemical Market Size, Share & Industry Analysis, By Product type (Anodizing and Platting, Corrosion Protective, Cleaning, Paint Stripers, Others), By Application (Automotive, Metalworking, Industrial machinery, Electronics and electrical, Construction, Others) and Regional Forecast, 2024-2032

Metal treatment is a procedure in which the metal parts to be coated are made. Coatings treatments is the term widely used for planning. Preparation requires the formation of a barrier to the defense of metal against corrosive conditions. Method of treatment of any part made of metal (or polymer) prior to application of the surface coating. The treatment of the metal ensures that the metal surface can conform to the coating  that is to be added to it as the treatment raises the surface energy level of the metal. The method of metal surface preparation is also known as pre-treatment coatings. The method creates a membrane between the metal and its surroundings, which serves as a defensive shield, in particular against corrosion

The demand for metal finishing chemicals is driven by increased use in polishing processes, as they offer high corrosion resistance, toughness,  improve appearance and wear resistance. Metal finishing chemicals are used in both internal and external applications in  vehicle to defend against excessive corrosion. The moisture in the atmosphere is capable of  damaging parts of a vehicle. Therefore, to defend this situation to occur companies make innovative metal plating. However, the existence of substitutes such as plastics continues to restrict market growth.

Key Market Driver -

Increasing demand for durable and wear resistant products along with increased application in automobile industry drives the market

Key Market Restraint -

Replacement of metals by plastics restrict the market growth

Market Segmentation:

Based on product type, the market for metal treatment chemical is further segmented into anodizing and platting, corrosion protective, cleaning,  paint stripers and others. Based on application, the market for metal treatment chemical is further segmented into automotive, metalworking, industrial machinery, electronics and electrical, construction and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global metal treatment chemical market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the metal treatment chemical market are BASF, Metalguard, Henkel Adhesives Technologies, GTZ India Private Limited, Chemtex Speciality, Dimetrics Chemicals, CMP PVT., Olivine Mercantiles Pvt. Ltd, KCH India Pvt. Ltd, and Prime Laboratories.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the metal Treatment Chemical Market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

In terms of Geography, the metal treatment chemical market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the metal treatment chemical market due to the growing demand for metal finishing chemicals in the area, primarily due to higher application in the automotive sectors. Metal treatment chemicals help to increase the durability of metals used in the automotive industry or as building materials. North America is experiencing significant growth due to the above-mentioned factors and thus fuelling the market growth. The rising automotive industry is forecasted to drive the demand for metal finishing chemicals in the European regions. Electroplating  are commonly used methods for the casing of automotive parts and the coating of metal surfaces, making Europe the second-largest consumer and producer of metal finishing chemicals in the world, due to the high presence of automotive bases in these regions. The Asia-Pacific region is a fast-growing market for metal treatment chemicals leading to sudden industrial development and greater production in technological advances due to rising spending power, thus boosting the growth of the metal processing chemical market. Middle East and Africa are expected to see rapid growth due to0 the growing electronics industry. Latin America is experiencing relatively slow growth due to the limited number of producers slowing down market growth.

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Segmentation

Metal Treatment Chemical Industry Developments

• 17, June 2020 BASF SE, a German chemical company, announced that it has plans to launch its application centre for metal surface treatment (MST), located in the Innovation Campus Shanghai, China. This new application aims to offer new product varieties and provide technical services to its customers.