Global Coating Pretreatment Market Set For Rapid Growth, To Reach USD 4.61 Billion By 2024

03-Sep-2018 | Zion Market Research

Zion Market Research has published a new report titled “Coating Pretreatment Market by Type (Free from Chromate, Phosphate, Chromate, and Blast Clean), by Metal Substrate (Aluminum and Steel), and by Application (Transport and Automotive, Construction and Building, and Appliances): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024”. According to the report, global coating pretreatment market was valued at USD 3.06 billion in 2017 and is expected to reach USD 4.61 billion in 2024, growing at a CAGR of 6% between 2018 and 2024.

Conversion coatings modify the element nature of the surface, which amplifies corrosion confrontation. It helps in growing surface area and altering the surface chemistry thus providing a base for creating the substrate substance for paint finishes.

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Global Coating Pretreatment Market

The market is driven by various factors such as increasing demand from developing countries supported by the growth in end-use industries and high growth in the powder coatings market is expected to drive the coating pretreatment market over the forecast period. However, stagnant growth in developed countries and stringent regulations on chromate-based coating pretreatments are expected to impede the demand of the coating pretreatment market. Nevertheless, the high growth rate in emerging economies is creating major opportunities for the global coating pretreatment market during the projected years. 

The coating pretreatment market is fragmented into type, a metal substrate, application, and region. In terms of type, the market is categorized into the phosphate, blast clean, chromate, and free from chromate. Free from chromate segment held the largest market share in 2017. Free from chromate has characteristics such as it is environment-friendly, reduces pollution, and is anticipated to enhance market growth during the projected years. Free from chromate is the fastest-growing market segment than all other types of coating pretreatment in North America and Europe. It is also used for the pretreatment of light alloys and aluminum. Stringent government regulations in Europe and North America, specifically for reducing air pollution are anticipated to trigger the adoption of the new and low-pollution technologies. In terms of application, the coating pretreatment market is segmented into transport and automotive, construction and building, and appliances. Appliances accounted for the largest market share in 2017. It is anticipated to be the dominating segment in the near future.

Asia Pacific region accounted for the largest market share of coating pretreatment market in 2017 and it is expected to retain its dominance in the years to come. The rising infrastructure industry in the residential and commercial sectors in the economies such as China, India, and Japan is anticipated to fuel the demand for the coating pretreatment market within the forecast period. North America and Europe are estimated to exhibit a significant growth rate in the near future. Latin America and the Middle East and Africa are estimated to show a moderate growth rate over the forecast period, owing to comparatively low developments and relatively fewer investments in various types of industry.

The key manufacturers in the global coating pretreatment market are 3M Company, Sherwin-Williams Company, Chemetall GmbH, Kansai Paint, AkzoNobel, Henkel, Nippon Paint, Nihon Parkerizing, PPG Industries, and Axalta Coating Systems. 

This report segments the coating pretreatment market as follows: 

Coating Pretreatment Market: Type

  • Free from Chromate
  • Phosphate
  • Chromate
  • Blast Clean

Coating Pretreatment Market: Metal Substrate

  • Aluminum 
  • Steel

Coating Pretreatment Market: Application Analysis

  • Transport and Automotive
  • Construction and Building
  • Appliances

Coating Pretreatment Market: Region Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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