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Pretreatment coatings are applied on the base materials to impart properties such as anti-corrosion, anti-rust, and improved film adhesion. Additionally, pretreatment coatings provide attractive finishes, durability, and increases the lifespan of the substrate. Pretreatment coatings are experiencing high demand due to its broad range of applications in several applications such as consumer electronics, construction and agriculture equipment, automotive parts and accessories, and other finished products.
Key Market Driver -
Increasing application prospects with powder coatings
Key Market Restraint -
Growing concerns related to the toxic effects of pretreatment coating
The key market driver for the global pretreatment coatings market is the increasing application prospects with powder coatings. Powder coatings are known to cover the substrate uniformly, providing better protection against corrosion and chemicals, and increased shelf life, thereby driving the pretreatment coatings market.
Key market restraint for the global pretreatment coatings market is the growing concerns related to the toxic effects of pretreatment coatings with chromate based coatings being the main concern.
Based on type, the market is segmented into phosphate, chromate, chromate-free, and blast clean. Based on application, the market is categorised into automotive & transportation, appliances, building & construction, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Some of the notable companies in global pretreatment coatings market are Chemtall GmbH, Henkel AG & Co. KGAA, PPG Industries, Nihon Parkerizing Co., Ltd., Nippon Paint Co., Ltd., 3M, AkzoNobel N.V., The Sherwin Williams Company, Axalta Coating Systems LLC, Kansai Paint Co., Ltd., Blastech, Crystal Mark Inc., Avudai Surface Treatments Pvt. Ltd., Troy Chemical Industries Inc., and other key players.
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The global pretreatment coatings market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific has witnessed high demand for pretreatment coatings mainly due to growth in aerospace production in China and development in other countries such as Japan, Indonesia, and Malaysia. The growth of pretreatment coatings market is primarily due to the presence of major automobile manufacturers in this region. In North America, increasing the consumption of several appliances is expected to grow the market. Latin America and Middle East & Africa are anticipated to observe an increase in demand for pretreatment coating from developing countries in this region for building & construction applications.
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