Coronavirus (COVID-19) Impact: Chemical Surface Treatment Market Analysis, News, Current Growth and Forecast Demand- Exclusive Report by MarketsandMarkets™

The chemical surface treatments market is projected to reach USD 14.74 billion by 2022, at a CAGR of 5.7% from 2017 to 2022. The Asia Pacific region is projected to be the largest market for chemical surface treatments during the forecast period. The Asia Pacific chemical surface treatments market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific chemical surface treatments market can be attributed to the growing demand for automobiles and flourishing construction industry in the region.

The chemical surface treatments market is expected to witness significant growth in emerging economies such as India, Thailand, and China during the forecast period. The growth of the chemical surface treatments market in these countries can be attributed to the increased demand for automobiles due to rising disposable income and changing lifestyle of the middle-class population. In addition, continuous infrastructure development in these countries due to rapid urbanization is also responsible for increased demand for chemical surface treatments from the Asia Pacific region.

Some of the key players operating in the  chemical surface treatments market are Platform Specialty Products Corporation (US), NOF Corporation (Japan), Atotech Deutschland GmbH (Germany), Henkel AG & Co. KGaA (Germany), Chemetall, Inc. (Germany), Nihon Parkerizing Co., Ltd. (Japan), and PPG Industries, Inc. (US).