General Industry Surface Treatment Market Is Likely to Experience a Strong Growth During 2021-2026
The surface treatment market for the general industry was estimated at US$ 1.0 billion in 2020 and is estimated to grow at a healthy rate over the next five years to reach US$ 1.3 billion in 2026. The general industry covers a multitude of applications such as electrical & electronics, HVAC, railway, industrial machinery, agriculture equipment, construction equipment, furniture, and garden fences.
The General Industry Surface Treatment research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.
This research analyses niche markets, potential threats, and competitive strategy in various segments based on the General Industry Surface Treatment Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.
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Key Players involve in this research are:
· BASF SE,
· Curtis-Wright Corporation,
· Element solution Inc.,
· Henkel Ag & Co.,
· Nippon Paint Co., Ltd,
· NOF Corporation,
· DUBOIS Chemicals,
· Surtec,
· PPG Industries,
· Quaker Chemical Corporation,
· Vantage Specialty Chemicals.
Growth drivers and Market Value:
This report, from Stratview Research, studies the General Industry Surface Treatment Market value and growth drivers over the trend period of 2021-26. According to the report -
General Industry Surface Treatment Market was estimated at US$ 1.0 billion in 2020 and is estimated to grow at a healthy rate over the next five years to reach US$ 1.3 billion in 2026. The general industry covers a multitude of applications such as electrical & electronics, HVAC, railway, industrial machinery, agriculture equipment, construction equipment, furniture, and garden fences.
Segment Analysis:
By Chemical Type
Based on the chemical type, the market is segmented as cleaners, conversion coatings, paint strippers, activation & passivation agent, and others. The cleaner is estimated to maintain its huge dominance in the general industry surface treatment market during the forecast period. Conversion coatings also hold a significant share of the market and are likely to retain their position in the coming years.
By Region
In terms of regions, North America holds the leading position in almost all the major application areas. The USA acts as the growth engine of the region with strong industrialization and urbanization in the country. Asia-Pacific also offers sizable market opportunities in the coming years. China holds a gigantic share in the region, being a manufacturing hub for various industries.
Key Considerations for Market Forecast:
- Impact of lockdown, supply chain disruptions.
- Pre and post-COVID-19 market estimates
- Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Sneak peek into the Report:
The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors
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