Surface Treatment Chemicals Companies

Surface Treatment Chemicals Market

The surface treatment chemicals market is a vibrant and ever-evolving ecosystem driven by technological advancements, diverse end-user industries, and a dynamic competitive landscape. Understanding the key players, their strategies, and the factors influencing market share is crucial for navigating this dynamic space.

Market Leaders and Strategies:

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  Global Giants: BASF, Henkel, Dow, DuPont, and PPG Industries dominate the market with a strong presence across diverse segments. They leverage their research & development capabilities, global reach, and brand recognition to maintain their positions. BASF, for instance, recently acquired Chemetall, a leading provider of surface treatment solutions, strengthening its foothold in the automotive and aerospace sectors.


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  Regional Players: AkzoNobel, Albemarle, and LANXESS are key regional players with significant market shares in specific regions. AkzoNobel's focus on sustainability through eco-friendly surface treatments has earned them recognition in Europe.


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  Specialty Players: Smaller companies like Chemetall, Atotech, and Coventya specialize in niche segments, offering customized solutions for specific industries like electronics and medical devices. Chemetall's expertise in electroless nickel plating makes them a preferred choice for high-performance applications.

Factors Influencing Market Share:

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  Product Innovation: Continuous development of eco-friendly, high-performance, and cost-effective surface treatment chemicals is crucial for market share. Henkel's Bonderite S-Bond 750, a low-VOC adhesive, exemplifies this focus on innovation.


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  End-User Industry Trends: The growth of specific end-user industries like automotive, electronics, and construction directly impacts market share. The increasing demand for lightweight and durable materials in the automotive industry benefits players like PPG Industries with their expertise in automotive coatings.


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  Geographical Expansion: Emerging economies like China and India offer significant growth potential, attracting players to expand their geographical presence. Dow's recent investment in a new production facility in India demonstrates this trend.


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  Sustainability and Environmental Regulations: Stringent environmental regulations and growing consumer demand for eco-friendly products are shaping the market. Companies like BASF are investing in developing biodegradable and low-VOC surface treatment chemicals to meet these demands.

Key Companies in the Surface Treatment Chemicals market include

• PPG Industries (The U.S.)


• Henkel AG & Co. KGa (Germany)


• Nippon Paint Holdings Co., Ltd. (Japan)


• Solvay SA (Belgium)


• OC Oerlikon (Switzerland)


• McGean-Rohco Inc. (The U.S.)


• JCU CORPORATION (Japan)


• Platform Specialty Products Corporation (The U.S.)


• Quaker Chemical Corporation (The U.S.)


• Nihon Parkerizing Co.,Ltd. (Japan)

Recent Developments:

July 2021, Plascoat Systems Limited, a UK-based specialty manufacturer of coatings for high-performance industrial and automotive applications, has been acquired by Axalta Coating Systems. The acquisition aims to broaden Axalta's product offering and boost its presence in Europe.

March 2021, Henkel AG & Co. KGaA announced the acquisition of The Bergquist Company's Surface Treatment business in the United States. The acquisition was made to help Henkel strengthen its position in the surface treatment industry for electronic components.

December 2020, PPG Industries, Inc. has announced the purchase of Industria Chimica Reggiana (ICR) S.p.A., an Italian maker of Automotive Refinish Coatings. PPG's product range in the European market will be expanded as a result of the acquisition.