General Industry Surface Treatment Market Growth Analysis | 2021-2026

Market Insights

The general industry surface treatment market was estimated at US$ 1.0 billion in 2020 and is likely to grow at a healthy rate over the next five years to reach US$ 1.3 billion in 2026.

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The general industry covers a multitude of applications such as electrical & electronics, HVAC, railway, industrial machinery, agriculture equipment, construction equipment, furniture, and garden fences.

COVID-19 Impact

The COVID-19 pandemic significantly affected the demand for surface treatment chemicals in the general industry segment; however, the impact of the pandemic was not uniform with demand for these treatment chemicals in some applications enormously declined amid the pandemic, whereas, some applications, such as electrical & electronics, looked resilient.

Segments Analysis

By Application Type

Stratview Research has firstly segmented the market based on the application type as electrical & electronics, HVAC, agriculture and construction, general manufacturing, and others. Electrical & electronics account for a reasonable share and are likely to offer impressive growth opportunities for the market participants in the coming years. Key application areas of surface treatments in electrical & electronics are circuit assemblies, consumer electronics (smartphones, etc.), white goods (washing machine housing, etc.), and telecommunication antennas. The HVAC and General manufacturing segments also hold a sizable share; however, the growth of these applications is extensively affected by economic performance.

By Chemical Type

Based on the chemical type, the market is segmented as cleaners, conversion coatings, paint strippers, activation & passivation agents, and others. The cleaner is estimated to maintain its huge dominance in the market during the forecast period. Conversion coatings also hold a significant share of the market and are likely to retain their position in the coming years.

Regional Insights

In terms of regions, North America holds the leading position in almost all the major application areas. The USA acts as the growth engine of the region with strong industrialization and urbanization in the country. Asia-Pacific also offers sizable market opportunities in the coming years. China holds a gigantic share of the region, being a manufacturing hub for various industries.

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Critical Questions Answered in the Report

• What are the key trends in the global market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the global market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The general industry surface treatment market is segmented into the following categories.

By Application Type

• Electrical & Electronics
• HVAC
• Agriculture
• Construction
• General Manufacturing
• Others

By Chemical Type

• Cleaners
• Conversion Coatings
• Paint Strippers
• Activation & Passivation agents
• Others

By Substrate Type

• Metal Substrates
• Plastic Substrates
• Other Substrates

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and RoE)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and RoAP)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

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Key Players

The supply chain of this market comprises raw material suppliers, surface treatment chemical manufacturers, distributors, tier players, and OEMs. The key general industry surface treatment manufacturers are-

• BASF SE,
• Curtis-Wright Corporation,
• Element solution Inc.,
• Henkel Ag & Co.,
• Nippon Paint Co., Ltd,
• NOF Corporation,
• DUBOIS Chemicals,
• Surtec,
• PPG Industries,
• Quaker Chemical Corporation,
• Vantage Specialty Chemicals.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

This strategic assessment report, from Stratview Research, is one of the exclusive reports from the shelf of the surface treatment family. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the General Industry Surface Treatment Market at the global, regional, as well as country levels. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of low-hanging fruits available in the market as well as formulating growth strategies.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

About 15 detailed primary interviews with the market players across the value chain in all major regions and industry experts have been executed to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, and regional presence.

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.