Surface Treatment Chemicals Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to surface treatment chemicals market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Surface Treatment Chemicals Market News

  • In January 2023, BASF SE acquired Master Builders Solutions, a leading supplier of concrete mixes and surfactants.
  • In February 2023, The Euclid Chemical Company acquired Conpro Chemicals, a manufacturer of concrete surface treatments and admixtures.
  • In July 2021, Axalta Coating Systems acquired Plascott Systems Ltd, UK-based specialist manufacturer of coatings for high performance industrial and automotive applications The acquisition aims to expand Axalta’s product offering and increase its presence in Europe.
  • In March 2021, Henkel AG & Co. KGaA announced the acquisition of The Bergquist Company’s surface treatment business in the United States. The acquisition was designed to help Henkel strengthen its position in the premium electronics segment.

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Surface Treatment Chemicals Market size was valued at USD 9.33 billion in 2023 and is poised to grow from USD 10.06 billion in 2024 to USD 18.34 billion by 2032, growing at a CAGR of 7.8% during the forecast period (2025-2032).

The competitive environment of the global surface treatment chemicals market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'Atotech Deutschland GmbH (Germany) ', 'Nippon Paint Holdings Co., Ltd. (Japan) ', 'Henkel AG & Co. KGaA (Germany) ', 'PPG Industries, Inc. (USA) ', 'Chemetall GmbH (Germany) ', 'The Sherwin-Williams Company (USA) ', 'AkzoNobel N.V. (Netherlands) ', 'BASF SE (Germany) ', 'Eastman Chemical Company (USA) ', 'DuPont de Nemours, Inc. (USA) ', 'Coventya (France) ', 'Chemische Werke Kluthe GmbH (Germany) ', 'Elementis plc (UK) ', 'Kraton Polymers LLC (USA) ', 'Houghton International, Inc. (USA) ', 'Quaker Chemical Corporation (USA) ', 'SABIC (Saudi Arabia) ', 'Solvay S.A. (Belgium) ', 'Lanxess AG (Germany) ', 'Arkema S.A. (France)'

Rapid industrialization and urbanization in emerging economies is a major factor driving the global surface treatment chemicals market. Through expansion of products in automotive, aerospace, electronics, manufacturing and more ho f is trying to increase and so the demand for surface cleaners continues to increase.

Growing Environmentally Friendly Solutions: With increasing awareness of environmental sustainability, there is a marked trend in the global surface treatment chemicals market to adopt solutions other than environmentally friendly with consumers looking for chemical treatments that have minimal impact on the environment but offer high performance and sustainability. Manufacturers are responding to this demand by developing environmentally friendly solutions such as water-soluble and organic solutions for environmental consumption with strict rules of thumb.

The North America region in the global surface treatment chemicals market is estimated to reach high revenue by 2030. This is driven by rising sales of electronic devices in countries such as the US. including in, because it is one of the largest end-use industries for electrical and electronic surface chemical therapeutics. Moreover, the construction sector’s steady recovery from the coronavirus crisis will also be a key driver for the regional market expansion soon. North America is home to a variety of advanced manufacturing facilities, including automotive, automotive, aircraft, electrical, electronic, and steel manufacturing. These industries rely heavily on surface cleaners to improve the durability, corrosion resistance and aesthetics of the metal components used in their products

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Global Surface Treatment Chemicals Market
Surface Treatment Chemicals Market

Report ID: SQMIG15A2417

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