India Metal Treatment Chemical Market Share

Expanding automotive sector is driving the market growth

The metal treatment chemical market CAGR is anticipated to be driven by the expanding automotive sector. The improving level of living and expanding economy have altered purchasing power. A new style of living is anticipated to emerge, despite the economic impact of COVID-19 disrupting how we live and travel throughout the world. The need for independent mobility has suddenly increased throughout the world since social isolation is the best defence against COVID-19. Additionally, the global transition to emissions-free mobility is being driven by concerns regarding global warming and goals of achieving net-zero emissions.

These adoptions also result in greater EV and hybrid car production, a shift away from petroleum-based fuels towards more locally produced power vehicles. Due to the increase in demand for automobiles, metal treatment chemicals are now needed in greater quantities to preserve the material against corrosion and/or enhance its usable properties. For instance, a report released in April 2022 by the European Automobile Manufacturers Association stated that 79.1 million motor vehicles were produced globally in 2021, an increase of 1.3% over 2020.

Additionally, the Global EV Outlook 2021 reports that customers spent USD 120 billion, or 50% more than in 2019, on electric car purchases in 2020. The demand for metal treatment chemicals will therefore be driven by the expanding automobile industry.

The market for metal treatment chemicals has seen technological developments emerge as the dominant trend. Advanced surface coating technology provides protection from applications that are prone to wear. They are made to be wear-resistant, reduce friction, and guard against caustic/acidic ingredients and cleaning chemicals to increase line efficiency. Major players in the metal treatment chemicals industry are concentrating on creating innovative technology solutions to satisfy consumer demand. For instance, low voltage flameproof motors for explosive settings were introduced by ABB, a Swiss automation firm, in January 2022.

Low voltage flameproof motors from ABB have a cutting-edge surface treatment that makes them resistant to even the most extreme climatic conditions. Thus, driving the metal treatment chemical market revenue.

The Global Metal Treatment Chemical Market Industry is poised for substantial growth, with projections indicating a market value of 235.94 USD Billion in 2024 and an anticipated increase to 541.32 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 7.84% from 2025 to 2035. Various factors, including rising demand from automotive and aerospace sectors, advancements in technology, and a focus on sustainability, are expected to drive this expansion. The market's evolution reflects broader trends in industrial applications and the increasing importance of metal treatment chemicals in enhancing material performance and longevity.

The Global Metal Treatment Chemical Market Industry is witnessing substantial growth due to the expanding applications in the aerospace sector. With increasing air travel and the need for lightweight, durable materials, aerospace manufacturers are increasingly utilizing metal treatment chemicals to enhance the performance and lifespan of aircraft components. This sector's demand is projected to contribute significantly to the market's growth, as it aligns with the industry's focus on safety and efficiency. The anticipated market value of 541.32 USD Billion by 2035 underscores the importance of these chemicals in meeting stringent regulatory requirements and improving operational performance in aerospace applications.

The Global Metal Treatment Chemical Market Industry experiences a notable increase in demand driven by the automotive sector. As manufacturers strive for enhanced durability and performance of automotive components, metal treatment chemicals play a crucial role in surface preparation and protection. The industry anticipates a market value of 235.94 USD Billion in 2024, reflecting the growing need for advanced coatings and treatments. This trend is further supported by the shift towards electric vehicles, which require specialized metal treatments to ensure longevity and efficiency. Consequently, the automotive industry's evolution significantly influences the growth trajectory of the Global Metal Treatment Chemical Market.

The Global Metal Treatment Chemical Market Industry is significantly influenced by the growth in construction and infrastructure development. As urbanization accelerates globally, there is an increasing need for durable and corrosion-resistant materials in construction projects. Metal treatment chemicals are essential for protecting structural components from environmental degradation, thereby extending their lifespan. This demand is expected to drive market growth, with projections indicating a compound annual growth rate of 7.84% from 2025 to 2035. The construction sector's reliance on these chemicals for enhancing material performance highlights their critical role in the Global Metal Treatment Chemical Market.

Technological innovations are reshaping the Global Metal Treatment Chemical Market Industry, leading to more efficient and effective treatment processes. Advancements such as nanotechnology and eco-friendly formulations are gaining traction, allowing for improved performance and reduced environmental impact. These innovations not only enhance the quality of metal treatments but also align with global sustainability goals. As industries increasingly prioritize green chemistry, the demand for advanced metal treatment chemicals is likely to rise. This trend indicates a potential shift in market dynamics, with companies investing in research and development to stay competitive in the evolving landscape of the Global Metal Treatment Chemical Market.

The Global Metal Treatment Chemical Market Industry is experiencing a shift towards sustainability, with an increasing emphasis on eco-friendly solutions. Regulatory pressures and consumer preferences are driving manufacturers to adopt greener practices in metal treatment processes. This trend is evident as companies seek to minimize their environmental footprint while maintaining product efficacy. The growing market for sustainable metal treatment chemicals is likely to expand as industries recognize the importance of compliance with environmental regulations. This focus on sustainability not only enhances brand reputation but also positions companies favorably within the Global Metal Treatment Chemical Market.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the metal treatment chemical market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, metal treatment chemical industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the India metal treatment chemical industry to benefit clients and increase the market sector. In recent years, the metal treatment chemical industry has offered some of the most significant advantages to market. Major players in the metal treatment chemical market attempting to increase market demand by investing in research and development operations include BASF India, Henkel Adhesives Technologies, Metalguard Pvt, Chemtex Speciality, CMP, Dimetrics Chemicals, KCH INDIA, Olivine Mercantiles, Prime Laboratories and GTZ.

It was established in 1990 to become Henkel Adhesives Technologies India Private Limited. Manufacturing adhesives and sealants is one of the company's main divisions. In its two business sectors, adhesive technology and consumer brands, Henkel works globally with cutting-edge innovations, brands, and technologies. Due to powerful brands, inventions, and technologies like Persil, Schwarzkopf, and Loctite, the company maintains top positions with its two business groups in both the industrial and consumer sectors. We are all Henkel pioneers at heart, working for the benefit of future generations, and this is expressed in the company's mission statement.

Its goals are derived from our origins and carry forth a long history of innovation, accountability, and sustainability.

Chemtex was established in the first decade of the 1970s. And in the years that followed, it grew along with the sectors it serviced to and the diversity of indigenous chemicals it produced. Chemtex has made great progress in the past 50 years in meeting the needs of the Asian subcontinent for speciality chemicals. Its recent growth into more recent geographies supports its goal to dominate the market for specialty chemicals on a truly global scale. Because of its recent, tremendous expansion, the company has a bright future.

With branches serving Agriculture, Water Treatment, Cleaning & Hygiene, Refrigeration & Air Conditioning, Housekeeping & Laundry, Engine Care, Oil & Gas, and other Industry specialised sectors, Chemtex enjoys a sizable market position in the speciality chemicals sector.