Coating Pretreatment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Coating Pretreatment Market Analysis
The coating pretreatment market is expected to register a CAGR of over 4% during the forecast period. The major factor driving the growth of the market is the use of coating pretreatment in the building and construction industry. Moreover, the demand for coating pretreatment from the aerospace sector is increasing, which is fueling the market growth.
- The abrupt flare-up of COVID-19 has affected the coating pretreatment business and is expected to hamper the market growth in the coming years.
- With the increasing building and construction sector spending, the usage of coating pretreatment in the construction segment is expected to rise during the forecast period.
- Asia-Pacific is forecasted to hold the largest market share, owing to the dominance of various end-user industries in the coating pretreatment market in the region.
Coating Pretreatment Market Trends
This section covers the major market trends shaping the Coating Pretreatment Market according to our research experts:
The Building and Construction Sector is Expected to Boost the Market
- Increasing usage of coating pretreatment in the building and construction sector is expected to boost the market demand during the forecast period.
- In 2020, the global expenditure of the building and construction industry is estimated to be around USD 11 trillion, which is about 13% of the global GDP. It is predicted to reach USD 14 trillion by 2025.
- Many countries, such as Saudi Arabia, China, and India, have upcoming plans for upgradation and refurbishment by investing in developing their infrastructure facilities, which may propel the market studied.
- Insights show that the United States contributed about USD 91.5 billion for new non-residential business development in 2019. This spending is anticipated to reach more than USD 89.4 billion by 2023.
- All the aforementioned factors are expected to drive the demand for coating pretreatment from the building and construction industry during the forecast period.
Asia-Pacific is Likely to be Largest Market for Coating Pretreatment
- Asia-Pacific is expected to have the largest market share in the coating pretreatment market globally, during the forecast period.
- In 2021, Asia-Pacific is anticipated to have the highest construction industry output across the world, accounting for roughly half of the global construction industry's total output.
- The total number of vehicles manufactured by the region's top producers, China, India, and Japan, stood at 25.72 million units, 4.516 million units, and 9.684 million units, respectively.
- The market size of aerospace coatings in the Asia-Pacific region is projected to be USD 445.2 million in 2021, and it is expected to reach a market size of USD 617.2 million by 2025.
- Income from the consumer electronics segment is estimated to add up to USD 227.2 billion in 2020 and is predicted to reach a value of USD 262.7 billion by 2024, registering a CAGR of 3.7%.
- Thus, owing to the aforementioned factors, the demand for coating pretreatment is rising from various industries in the region and is expected to rise during the forecast period as well.
Coating Pretreatment Industry Overview
The market for coating pretreatment is consolidated. Some of the players operating in the coating pretreatment business include 3M, PPG Industries, Axalta, Henkel AG & Co. KGaA, and Chemetall GmbH.
Coating Pretreatment Market Leaders
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3M
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PPG Industries
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Henkel AG & Co. KGaA
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Chemetall GmbH
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Axalta
*Disclaimer: Major Players sorted in no particular order
Coating Pretreatment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 The Building and Construction Sector to Boost the Coating Pretreatment Market
- 4.1.2 Demand from the Aerospace Industry
-
4.2 Restraints
- 4.2.1 Sudden Outbreak of COVID-19 is Expected to Hamper the Market Growth
- 4.2.2 Other Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Phosphate
- 5.1.2 Chromate
- 5.1.3 Chromate-free
- 5.1.4 Blast Clean
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5.2 Metal Substrate
- 5.2.1 Steel
- 5.2.2 Aluminum
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5.3 End User
- 5.3.1 Automotive
- 5.3.2 Aerospace
- 5.3.3 Consumer Electronics
- 5.3.4 Building and Construction
- 5.3.5 Other End Users
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 Italy
- 5.4.3.4 France
- 5.4.3.5 Spain
- 5.4.3.6 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Aregentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 United Arab Emirates
- 5.4.5.2 Saudi Arabia
- 5.4.5.3 South Africa
- 5.4.5.4 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Akzo Nobel NV
- 6.4.3 Axalta
- 6.4.4 Chemetall GmbH
- 6.4.5 Henkel AG & Co. KGaA
- 6.4.6 Nihon Parkerizing India Pvt. Ltd
- 6.4.7 Nippon Paint
- 6.4.8 PPG Industries
- 6.4.9 The Sherwin-Williams Company
- 6.4.10 Troy Chemical Industries
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityCoating Pretreatment Industry Segmentation
The coating pretreatment market report includes:
| Type | Phosphate | |
| Chromate | ||
| Chromate-free | ||
| Blast Clean | ||
| Metal Substrate | Steel | |
| Aluminum | ||
| End User | Automotive | |
| Aerospace | ||
| Consumer Electronics | ||
| Building and Construction | ||
| Other End Users | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Aregentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | United Arab Emirates |
| Saudi Arabia | ||
| South Africa | ||
| Rest of Middle-East and Africa |
Coating Pretreatment Market Research FAQs
What is the current Coating Pretreatment Market size?
The Coating Pretreatment Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Coating Pretreatment Market?
3M, PPG Industries, Henkel AG & Co. KGaA, Chemetall GmbH and Axalta are the major companies operating in the Coating Pretreatment Market.
Which is the fastest growing region in Coating Pretreatment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Coating Pretreatment Market?
In 2024, the Asia Pacific accounts for the largest market share in Coating Pretreatment Market.
What years does this Coating Pretreatment Market cover?
The report covers the Coating Pretreatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Coating Pretreatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Coating Pretreatment Industry Report
Statistics for the 2024 Coating Pretreatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Coating Pretreatment analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
