Market Size of Europe Surface Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Surface Treatment Chemicals Market Analysis
The European surface treatment chemicals market is expected to register a CAGR of over 5% during the forecast period.
Surface treatment chemicals were used during the COVID-19 pandemic (and post-pandemic) in medical, pharmaceutical, and other consumer products to control the spread of the virus.
- Over the short term, the demand from the automotive, aircraft, construction, and electronics industries is propelling the market growth during the forecast period.
- However, government regulations on chemicals and the push for sustainable bio bioproducts are likely to hinder the market growth.
- Nevertheless, opportunities for the market over the forecast period are expected to come from future market expansion in the aerospace sector and interplanetary and space exploration missions.
- In terms of revenue, Germany is expected to dominate the European market during the forecast period.
Europe Surface Treatment Chemicals Industry Segmentation
The technique of changing a metallic surface with chemicals is known as chemical surface treatment. This sort of surface treatment is typically used to prepare for subsequent finishing operations such as powder coating or anodizing.
The surface treatment chemicals market is segmented by chemical type, base material, end-user industry, and geography. By chemical type, the market is segmented into plating chemicals, cleaners, conversion coatings, and other chemical types. By base material, the market is segmented into metals, plastics, and other base materials. By end-user industry, the market is segmented into automotive & transportation, construction, electronics, industrial machinery, and other end-user industries. By geography, the market is segmented into the United Kingdom, Germany, Italy, France, and Rest of Europe.
The report covers the market size and forecast in five countries in the European region. For each segment, the market sizing and forecasts have been provided on the basis of value (USD Million).
| By Chemical Type | |
| Plating Chemicals | |
| Cleaners | |
| Conversion Coatings | |
| Other Chemical Types |
| By Base Material | |
| Metals | |
| Plastics | |
| Other Base Materials |
| By End-user Industry | |
| Automotive & Transportation | |
| Construction | |
| Electronics | |
| Industrial Machinery | |
| Other End-user Industries |
| By Geography | |
| Germany | |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Europe Surface Treatment Chemicals Market Size Summary
The European surface treatment chemicals market is poised for significant growth, driven by robust demand from the automotive, aerospace, construction, and electronics sectors. These chemicals play a crucial role in enhancing the durability, texture, and anti-corrosive properties of metal parts, particularly in the automotive and aircraft manufacturing industries. The market's expansion is supported by the aerospace sector's diverse manufacturing activities, including aircraft, helicopters, and engines, with countries like Germany and the United Kingdom leading in production and technological advancements. Despite challenges posed by stringent government regulations and a shift towards sustainable bioproducts, the market is expected to benefit from opportunities in aerospace expansion and space exploration missions.
Germany is anticipated to dominate the European market in terms of revenue, bolstered by its status as a leading producer of automobiles and aircraft. The country's automotive industry, known for its high-tech products and significant production capacity, contributes substantially to the demand for surface treatment chemicals. The market landscape is characterized by a partial fragmentation, with key players such as Henkel AG & Company, Chemetall, and Solvay SA actively participating. Recent strategic moves, like the expansion of surface finishers by Okuno Chemical Industries Co. Ltd. and SurTec, highlight ongoing efforts to enhance market presence and product offerings in Europe.
Europe Surface Treatment Chemicals Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Personal Care Industry in the Asia-Pacific Region
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Lack of Regulatory Support for Coating Submissions
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 By Chemical Type
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2.1.1 Plating Chemicals
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2.1.2 Cleaners
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2.1.3 Conversion Coatings
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2.1.4 Other Chemical Types
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2.2 By Base Material
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2.2.1 Metals
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2.2.2 Plastics
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2.2.3 Other Base Materials
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2.3 By End-user Industry
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2.3.1 Automotive & Transportation
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2.3.2 Construction
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2.3.3 Electronics
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2.3.4 Industrial Machinery
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2.3.5 Other End-user Industries
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2.4 By Geography
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2.4.1 Germany
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2.4.2 United Kingdom
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2.4.3 France
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2.4.4 Italy
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2.4.5 Spain
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2.4.6 Rest of Europe
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Europe Surface Treatment Chemicals Market Size FAQs
What is the current Europe Surface Treatment Chemicals Market size?
The Europe Surface Treatment Chemicals Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Europe Surface Treatment Chemicals Market?
Henkel AG & Company , Chemetall , Solvay S.A., Socomore and Oerlikon Group are the major companies operating in the Europe Surface Treatment Chemicals Market.
