United States Surface Treatment Market Analysis Report

Dublin, May 29, 2024 (GLOBE NEWSWIRE) — The “United States Surface Treatments Market by Region, Competition, Forecast and Opportunity, 2019-2029F” report has been added to ResearchAndMarkets.com offering.

The US surface treatment market was valued at USD 442.35 million in 2023 and is expected to witness steady growth at a CAGR of 4.28% until 2029 over the forecast period.

Innovation and research have contributed significantly to shaping the future of the surface treatment market. The continuous development of eco-friendly and sustainable solutions has paved the way for further growth and advancement in the industry. A noteworthy area of ​​progress is the integration of nanotechnology into surface treatment processes, which offers enormous opportunities to improve performance and functionality.

Moreover, it is noted that the market development may face challenges arising from the implementation of stringent environmental regulations on the use of certain chemicals in surface treatments. However, these challenges also serve as catalysts for innovation, encouraging the development of green and sustainable chemicals that meet regulatory requirements while maintaining the desired effectiveness.

Growing demand for surface treatment in construction

Surface treatment is an important process that involves the use of various chemical techniques to modify the surface properties of a material. This change increases its durability, corrosion resistance and aesthetics, making it irreplaceable in construction. From concrete and steel structures to architectural and decorative elements, surface treatment finds a wide range of applications.

In the United States, the construction industry is experiencing a significant increase in activity in both the public and private sectors. This economic growth has consequently led to a significant demand for surface treatment solutions. Due to the strong emphasis on infrastructure development and the strong housing market, the demand for effective surface treatment methods has increased.

Growing demand for surface treatment in the automotive industry

The automotive industry, known for its high consumption of surface treatment solutions, relies heavily on these applications to protect vehicle components from the risks of wear, corrosion and environmental damage.

As the US automotive sector continues to grow, the demand for surface treatment solutions is expected to grow proportionately. This escalation can be attributed to increasing vehicle production as well as the growing popularity of electric vehicles (EVs), which further increases the demand for surface treatment solutions.
Raw material costs and supply chain disruptions

The cost of raw materials is a critical factor that has a huge impact on the profitability of companies operating in the surface treatment market. Recently, there has been a noticeable increase in the prices of these materials, which is due to many factors. These factors include supply-demand imbalances, geopolitical tensions and the implementation of stringent environmental regulations.

Rising raw material costs directly impact production costs, thereby reducing manufacturers’ profit margins. Moreover, this increase in costs also leads to higher prices for final products, potentially weakening overall demand.

Growing demand for anti-corrosion protection

Corrosion, a natural process that can cause serious damage to various materials, especially metals, poses a serious threat to their service life and overall performance. To combat this problem, anti-corrosion treatments, also known as anti-corrosion treatments, have proven to be effective solutions. These treatments involve applying specialized coatings or protective layers to surfaces that prevent or minimize corrosion.

The benefits offered by anti-corrosion treatments are numerous and far-reaching. In addition to extending the durability of materials, they also contribute to reducing maintenance costs and improving aesthetics. As a result, these treatments have gained enormous popularity in various industries where the need for increased efficiency and durability is paramount.

In the aerospace industry, where safety is of the utmost importance, anti-corrosion treatment plays a key role. By protecting key aircraft components from corrosion, these treatments help maintain the aircraft’s structural integrity, reducing the risk of catastrophic failures.

Observations on chemical types

Based on chemical type, the electroplating chemicals segment emerged as the fastest-growing segment in the US surface treatment market in 2023. Electroplating chemicals are widely used in various industries, including electronics, automotive, and aerospace. For example, in the electronics industry, coating chemicals play a key role in increasing the conductivity of components, ensuring the efficient functioning of electronic devices. This enables smooth data transfer and optimal performance.

In the automotive and aerospace sectors, these chemicals are used to improve the durability and corrosion resistance of various parts. By providing a protective coating, coating chemicals increase the life and overall performance of key components, ensuring their reliability even in demanding conditions.

Coating chemicals offer a number of unique benefits that contribute to their dominance in the surface treatment market. In addition to providing exceptional protection against corrosion and wear, they also have the ability to improve surface aesthetics, making them highly sought after in industries where visual appeal is important, such as the automotive and consumer goods sectors. The ability to create visually appealing finishes on a variety of substrates makes electroplating chemicals invaluable for achieving desired product aesthetics and market competitiveness.

End-user insights

The transportation segment is expected to witness rapid growth during the forecast period. The United States, one of the largest automotive markets in the world, has witnessed extraordinary growth in vehicle production over the years. As a result, the demand for surface treatment has increased significantly. These treatments play a key role in not only improving overall performance, but also ensuring the durability and aesthetics of various automotive components, meeting the changing needs of consumers.

Transport, spanning the automotive, aerospace and maritime sectors, relies heavily on materials that can withstand the harshest conditions, resist wear and have a longer service life. Surface treatments such as electroplating and coating are important to provide these materials with increased corrosion resistance, improved hardness and increased durability.

Regional insights

Mid-West emerged in 2023 as the dominant player in the surface treatment market in the United States, with the largest market share by value. Known for its diverse and thriving industry, the Midwest region is home to several key industries that rely heavily on surface finishing. These sectors include automotive, aerospace, construction and agriculture, which play a significant role in driving economic growth and innovation in the region. The high concentration of these industries in the Midwest not only increases demand for surface treatment solutions, but also fosters a collaborative environment to share knowledge and advance the industry.

One of the Midwest’s key strengths is the abundant supply of raw materials needed for surface treatment processes. The region boasts rich resources of metals and minerals necessary for various surface treatments, including electroplating chemicals. This availability of raw materials not only ensures a steady supply chain, but also helps lower production costs, making the Midwest an attractive location for companies needing surface treatment solutions.

The Midwest is proud of its robust infrastructure, which includes an unrivaled network of top-notch universities and research institutions. These academic and research institutions actively contribute to the development and improvement of cutting-edge surface treatment technologies. By fostering collaboration between academia and industry, the Midwest creates an environment that promotes innovation, research and the exchange of ideas, further strengthening the region’s dominance in the surface treatment market.

The Midwest’s well-developed transportation and logistics infrastructure also plays a key role in the efficient distribution of surface treatment products. The region’s extensive network of highways, railways and waterways provides seamless connectivity, enabling companies to easily transport and deliver surface treatment solutions to customers across the country and beyond. This logistical advantage increases the Midwest’s competitiveness and ability to meet growing market demands.

Key Features:

Report attribute	Details
number of pages	82
Forecast period	2023 – 2029
Estimated market value (USD) in 2023	$442.35 million
Projected market value (USD) until 2029	$562.33 million
Compound annual growth rate	4.2%
Regions covered	United States

Competitive environment

Company Profiles: Detailed analysis of the major companies present in the United States surface treatment market.

• Henkel AG & Co. KGaA
• Chemetall Us, Inc.
• Third party liability insurance Oerlikon Corp AG
• Solvay S.A
• Yuken Industry Co Ltd

Report scope:

United States Surface Treatment Market by Chemical Type:

• Cleaning ladies
• Coating chemicals
• Conversion coating
• Others

United States surface treatment market, by end user:

• Transport
• Construction
• Packaging
• Others

United States Surface Treatment Market by Region:

• Northeast
• Midwest
• South
• West

More information about this report can be found at https://www.researchandmarkets.com/r/49y0wz

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• Surface treatment market in the USA