Contact
QR code for the current URL

Story Box-ID: 1093246

future Market Insights global consulting Pvt Ltd 616 Corporate Way, Suite 2-9018 NY 10989 Valley Cottage, United States http://www.futuremarketinsights.com
Contact Mr Ankush Nikam +1 347-918-3531
Company logo of future Market Insights global consulting Pvt Ltd
future Market Insights global consulting Pvt Ltd

Phosphate Conversion Coatings Market to reach a valuation of US$ 2,359.6 Mn in 2028

Phosphate Conversion Coatings Market - Analysis, Outlook, Growth, Trends, Forecasts

(PresseBox) (United Arab Emirates, )
Phosphate conversion coatings (Phosphating) has served as the most important surface treatment option till date. The market is now expected to grow at a moderate rate with major application in the automotive segment. PCCs are increasingly gaining popularity in the manufacture of casing connections to enhance their consequent sealing performance. Further, when used in combination with the lubricants, these coatings provide excellent galling protection, a property highly desirable in across various end-use industries, including chemical, oil & gas, etc.

According to the revelations by Future Market Insights in its new research report, the global Phosphate Conversion Coatings market is expected to reach a market value of over US$ 2,300 Mn by the end of 2028, growing at a CAGR of 4.0% during the forecast period.

There are various special properties of PPC that have helped mark its growth globally, such as better corrosion resistance, improved adhesion, superior wear resistance, and enhanced aesthetic appearance. The growth is highly evident in the automotive as well as the food and beverage industry. The food and beverage segment is expected to grow at a steady growth rate, with key application in beverage cans.

Download FREE Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6690

China’s Industrial Activities to upkeep its compelling growth in the Global PCC Market

China is projected to be a major contributor to the growth of global phosphate conversion coatings market as it holds the highest market share. Zinc phosphate segment is gaining traction in the China phosphate conversion coating market. It is a result of rising manufacturing and industrial activities in the emerging economies. The region is expected to witness the fastest growth in the global market at an impressive rate of 5.2% during the forecast period. Other emerging economies are also witnessing similar trends in the PPC market.

These trends are a part of the shift in automotive and construction industry. Automotive industry remains a key sector for supplying phosphate conversion coatings. The construction industry growth is expected to lead to a rise in demand for coated steel and aluminum coils, which in turn will upsurge the demand for the phosphate conversion coatings over the forecast period.

PPC Market’s greater portion to be covered by Tier 1 & 2 players

The global phosphate conversion coatings market is significantly consolidated. More than two-third of the global market has been estimated to be concentrated among tier 1 and tier 2 players. Tier 3 players, which largely cater to their regional markets, are expected to hold nearly one-fourth of the overall market. The leading players are witnessed indulging in partnerships with Automotive OEMs as a move to stay ahead in the intensified competition. The companies are also focusing on introducing new products in the market.

Their strategies include development of innovative coatings and solutions with superior characteristics, which can be utilized over advanced substrates as well as in novel applications, will be among the key success factors for the long term growth

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-6690

Competitive Landscape

Leading players operating in the phosphate conversion coatings market are investing in strategic collaborations, and are focusing on development and launch of new phosphate conversion coatings. Apart from this, players are focusing on expanding their production capacities to serve more end users, in order to gain a competitive edge. For instance:
  • In July 2017, Henkel Ag & Co KgaA developed Bonderite, a two-step metal pre-treatment process for bodies with high aluminium content which provides superior corrosion performance while reducing processing and investment costs. This process utilizes zinc phosphate to treat steel in first process, followed by aluminium treatment.
  • In November 2017, Chemetall GmbH announced that they will introduce a new iron phosphate coating: Gardobond A4002, which has been formulated using the latest detergent technology.
Key Companies Profiled
  • Henkel AG & Co. KGaA
  • PPG Industries, Inc
  • The Sherwin-Williams Company
  • Axalta Coating Systems, LLC
  • Kansai Paint Co., Ltd.
  • Chemetall GmbH
  • Nihon Parkerizing Co., Ltd.
  • Keystone Corporation
  • Freiborne Industries, Inc.
  • Hubbard-Hall Inc.
  • Crest Industrial Chemicals, Inc.
  • Westchem Technologies Inc.
Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-6690

Phosphate Conversion Coatings Markey by Category

By Product Type:
  • Manganese Phosphate Conversion Coating
  • Iron Phosphate Conversion Coating
  • Zinc Phosphate Conversion Coating
By Substrate:
  • Cast Iron
  • Steel
  • Others (Aluminium, Magnesium, Titanium)
By End-use Industry:
  • Automotive
  • Food & Beverages
  • Consumer Appliances
  • Others (Healthcare, Chemical/ Petrochemical, Aerospace, etc.)
By Region:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • China
  • India
  • Japan
  • Middle East & Africa
The coming years will reveal more innovative competitive strategies prevailing in the global phosphate conversion coatings market. To get further insights on the global PPC market, reach out to the team of expert analysts at press@futuremarketinsights.com

future Market Insights global consulting Pvt Ltd

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.