The latest research study “Chromate Conversion Coating Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global chromate conversion coating market is expected to exhibit a CAGR of around 7.5% during 2022-2027.
Chromate conversion coating, also called chem film, represents a type of coating used to passivate zinc, cadmium, copper, steel, aluminum, silver, titanium, magnesium, tin alloys, etc., by using an immersion bath process. It generally imparts a distinctively iridescent and greenish-yellow color to white or gray metals. In addition to this, chromate conversion coating is utilized as a decorative finish, corrosion inhibitor, and primer to enhance the adherence of adhesives and paints. It offers resistance against abrasion and light chemical attacks on soft metals. Consequently, chromate conversion coating finds extensive applications in various industries, including buildings and architecture, electronics, automotive, aviation and aerospace, marine, medical equipment, etc., across the globe.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into thereport.
Chromate Conversion Coating Market Trends and Drivers:
The growing demand for high-performance coatings to prevent corrosion and degradation in industrial machinery and equipment is primarily driving the chromate conversion coating market. Additionally, they are also used, owing to their numerous associated benefits, including self-healing nature, ease of application, enhanced efficiency, etc., which is bolstering the market growth. Besides this, the inflating popularity of chromate conversion coatings, as they enhance the look of components by making the surface glossy and aesthetically appealing, is acting as another significant growth-inducing factor. Moreover, the increasing focus on predictive maintenance in the hydraulics industry, where chrome offers superior abrasive resistance, and the widespread adoption of chromate conversion coatings in aircraft and aerospace structural components, such as side and torsion struts, shock absorbers, landing gear, wing parts, etc., are positively influencing the global market. Apart from this, the introduction of trivalent chem film that helps in reducing carbon footprints is anticipated to fuel the chromate conversion coating market over the forecasted period.
Chromate Conversion Coating Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis of
Breakup by Type:
- Type 1
- Type 2
Breakup by Class:
- Class 1A
- Class 3
Breakup by Base Type:
- Aluminum Base
- Zinc Base
- Steel Base
- Copper Base
- Magnesium Base
- Cadmium Base
- Others
Breakup by End Use Industry:
- Aerospace
- Maritime/Naval
- Military and Defense
- Electrical
- Automotive
- Oil and Gas
- Construction
- Industrial
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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