A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Pretreatment
Coatings Market.
The study, titled “Pretreatment
Coatings Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Pretreatment Coatings Market: Overview
Pretreatment
coatings form a crucial precursor stage for powder coatings and offer
excellent appearance along with improved shelf life to the metal
surface. The global market for pretreatment coatings is witnessing
tremendous growth owing to their extensive applications across
several end-user industries, including agricultural equipment,
automobiles, industrial and household appliances, electronics, and
furniture owing to its ability to provide long life to products by
providing their components a protection against corrosion. The
process of coating pretreatment includes chromating and phosphating
process. Some of the metals for which powder coatings are used are
aluminum, steel, zinc alloys, copper, and galvanized steel.
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Global
Pretreatment Coatings Market: Key Trends
The
rising spending on construction activities is providing a fillip to
the global pretreatment coatings market. The increasing sales of
automobiles are also working in favor of the market. Moreover, the
robust growth of end-user industries, including aerospace and
electronics, particularly in emerging countries is propelling the
market. On the flip side, the growing environmental concerns
regarding metal finishing are hampering the growth of the market.
Chrome toxicity is a major concern as it can have adverse
implications on the environment. Nevertheless, constant efforts by
market players to develop eco-friendly coatings are likely to shape
the future of the market.
Global
Pretreatment Coatings Market: Market Potential
There
is a growing consumer preference for multi-functional pretreatment
coatings, which provide functionalities beyond just aesthetic and
protective properties. Over the past few years, the market has
experienced an upswing in the demand for coatings that are
environment-friendly and cost-effective. For instance, in December
2016, LOT Polish Airlines decided to opt for chrome-free aerospace
primer coating system manufactured by PPG Industries for corrosion
resistance to repaint a 737-400 airplane and three Embraer E175 jets,
because it is eco-friendly and offers superior shine and gloss.
Analysts predict that there will be an increase in the demand for
such coatings in the near future and thus, more players will get
involved in research and development activities to address this
market need.
Global
Pretreatment Coatings Market: Region-wise Outlook
The
key regions covered in the report are Asia Pacific, North America,
Europe, Latin America, and the Middle East and Africa. Asia Pacific
will represent a large share in the market, on account of growing
domestic demand. The easy availability of resources and increasing
disposable income are also contributing to the growth of the region.
Moreover, the expansion of the aerospace sector, especially in the
Indonesia, China, Japan, Taiwan, and Malaysia is driving the demand
for pretreatment coatings in the region.
The
sharp rise in the demand for chrome-free pretreatment coatings
coupled with stringent government regulations for reducing air
pollution is the primary factor fueling the growth of Europe and
North America. Germany and France will be among major revenue
contributors in Europe. Rising vehicle production along with the
increasing demand for replacing aging vehicles is translating into
the greater uptake of pretreatment coatings in the region. In Latin
America, Brazil is expected to be a sight of high growth throughout
the forecast period. Its proximity to the U.S. is an important factor
promoting set up of production facilities in the country.
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Global
Pretreatment Coatings Market: Competitive Landscape
Players
in the global pretreatment coating market are involved in
partnerships and collaboration activities to expand their shares in
the market. Companies are investing sizeable funds in the research
and development activities to enhance their visibility in this highly
competitive arena. Some of the prominent companies operating in the
market are Chemetall, 3M Company, AkzoNobel N.V., Kansai Paint Co.
Ltd, Axalta Coating Systems, Abrasives Inc., Barton International,
Troy Chemicals, Cym Materiales, Henkel, PPG Industries, and Nippon
Paints.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
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