What is the current Coating Pretreatment Market size?

The Coating Pretreatment Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Coating Pretreatment Market?

3M, PPG Industries, Henkel AG & Co. KGaA, Chemetall GmbH and Axalta are the major companies operating in the Coating Pretreatment Market. Read More

Which is the fastest growing region in Coating Pretreatment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Coating Pretreatment Market?

In 2024, the Asia Pacific accounts for the largest market share in Coating Pretreatment Market. Read More

What years does this Coating Pretreatment Market cover?

The report covers the Coating Pretreatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Coating Pretreatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Coating Pretreatment Market Trends

Statistics for the 2023 & 2024 Coating Pretreatment market trends, created by Mordor Intelligence™ Industry Reports. Coating Pretreatment trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Coating Pretreatment Industry

This section covers the major market trends shaping the Coating Pretreatment Market according to our research experts:

The Building and Construction Sector is Expected to Boost the Market

Increasing usage of coating pretreatment in the building and construction sector is expected to boost the market demand during the forecast period.
In 2020, the global expenditure of the building and construction industry is estimated to be around USD 11 trillion, which is about 13% of the global GDP. It is predicted to reach USD 14 trillion by 2025.
Many countries, such as Saudi Arabia, China, and India, have upcoming plans for upgradation and refurbishment by investing in developing their infrastructure facilities, which may propel the market studied.
Insights show that the United States contributed about USD 91.5 billion for new non-residential business development in 2019. This spending is anticipated to reach more than USD 89.4 billion by 2023.
All the aforementioned factors are expected to drive the demand for coating pretreatment from the building and construction industry during the forecast period.

Understand The Key Trends Shaping This Market

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Asia-Pacific is Likely to be Largest Market for Coating Pretreatment

Asia-Pacific is expected to have the largest market share in the coating pretreatment market globally, during the forecast period.
In 2021, Asia-Pacific is anticipated to have the highest construction industry output across the world, accounting for roughly half of the global construction industry's total output.
The total number of vehicles manufactured by the region's top producers, China, India, and Japan, stood at 25.72 million units, 4.516 million units, and 9.684 million units, respectively.
The market size of aerospace coatings in the Asia-Pacific region is projected to be USD 445.2 million in 2021, and it is expected to reach a market size of USD 617.2 million by 2025.
Income from the consumer electronics segment is estimated to add up to USD 227.2 billion in 2020 and is predicted to reach a value of USD 262.7 billion by 2024, registering a CAGR of 3.7%.
Thus, owing to the aforementioned factors, the demand for coating pretreatment is rising from various industries in the region and is expected to rise during the forecast period as well.