Pretreatment Coatings Market Professional Survey Report Supreme Players Product Revenue Forecast To 2024
Date: 2018-09-03   Author: Ronak Bora  Category: #industry

Pretreatment Coatings Market Professional Survey Report Supreme Players Product Revenue Forecast To 2024

Global Pretreatment Coatings Market is anticipated to grow over 5.5% by 2024. Increasing investments in real estate development coupled with rising automobile sales in developing countries will boost the drive pretreatment coatings market. Coatings for metallic substrates enhances the adhesion and corrosion resistance in the organic films.

Growing end user applications of powder coatings owing to its ability to offer high durability will propel the global pretreatment coatings market. Diversified usage in electronics, industrial & household appliances, agricultural equipment, automobiles and automotive parts along with stringent VOC emission norms will further complement the business outlook.

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China pretreatment coatings market is projected to observe a growth rate above 6.5% by 2024. Flourishing aviation industry owing to increase in frequency of airline travelers will fuel the regional industry growth. In 2016, the Civil Aviation Administration of China reported that the air passengers traffic in the country witnessed a year on year increase of up to 12 billion.

Pre-paint conversion coatings market is estimated to hold the dominant share by 2024. Iron phosphate types are preferable for outdoor and indoor equipment owing to its low unit chemical prices and investment cost. Zinc phosphate pre-paint coatings market is expected to grow over 7% by 2024 due to its high degree of performance and endurance in corrosive environments.

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General industry pretreatment coatings Market is projected to exceed USD 4 billion by 2024. Increasing usage of iron & zinc phosphate coatings in office furniture, manufacturing, agricultural vehicles, and architectural aluminum will positively impact the industry landscape.
Metal pretreatment coatings Market is anticipated to account for over two third of the market share by 2024. Rising measures to avail high quality end-use products along with protection of metal surface from rusting and other degradation processes will further propel the segment growth.

Cleaners market was valued above USD 2 billion in 2016 and is expected to grow substantially. In January 2017, the Society for Protective Coatings (SSPC) revised a standard under its SP-WJ series which includes waterjet cleaning of metals to bare substrate to achieve desired end conditioned products.

Growing environmental measures to check on toxic materials usage in metal finishing may hinder the business outlook. Stringent regulations by EPA, OSHA and REACH on chromate coatings may hamper the product demand. Chromate free coatings including zirconium oxide based are not structured as hazardous metal in different regions.
Key notable players in pretreatment coatings market includes Henkel, BASF, PPG, Chemetall, Nihon Parkerizing, AkzoNobel, 3M Company, Nippon Paint, Axalta Coating Systems and Barton.


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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.


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