Advances in Surface Treatments For Metal: Understanding the Market and Its Potential

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The global surface treatments for metal market size reached USD 2.35 Billion in 2022 and is expected to register a revenue CAGR of 5.4% during the forecast period, according to la**** analysis by Emergen Research. Rising demand from maritime and shipbuilding industries is driving revenue growth of the market. Surface treatment chemicals are widely used in the maritime and shipbuilding sectors to eliminate casting burrs, which decreases sharp edges, and to keep oxygen, moisture, and Ultraviolet (UV) rays out of the metal. The United Nations Conference on Trade and Development (UNCTAD) estimates that global maritime trade would increase by 3.2% to 11 billion tonnes in 2021.