Global Phosphate Conversion Coatings Market: Overview

Phosphating find abundant use in the process of metal pre-treatment for the purpose of surface treatment and non-ferrous and ferrous metal finishing. The global phosphate conversion coatings is expected to gather momentum from the important role that phosphating plays in the automobile and appliance industries. The process of phosphate conversion coating comes with cost effectiveness, corrosion resistance, adhesion, speed of operation, and wear resistance.

The procedure of phosphate conversion coatings was initially developed to prevent corrosion but with changing times and requirements, the process has been modified to cater to the demand of end users. Innovative methods have come up, which replace traditional uses.

The global phosphate conversion coatings market has been segmented on the basis of four parameters, which are product, substrate, end-use and region.

Global Phosphate Conversion Coatings Market: Notable Developments

The global phosphate conversion coatings market has witnessed some developments in the market. One such development is mentioned below:

• In 2017, Ohio-based Sherwin-Williams Company made an acquisition of Valspar Corporation. The latter is a leading manufacturer of paints and coatings with in the U.S. The acquisition is expected to expand the product portfolio of Sherwin-Williams Company, which has a large consumer base.  Phosphate conversion coating is one of the leading products of Valspar Corporation and is likely to have access to larger base of consumers both in the domestic and international market.

A few of the leading market vendors of the global phosphate conversion coatings market are as mentioned below:

• Henkel AG & Co.
• Crest Industrial Chemicals
• Keystone Corporation
• The Sherwin-Williams Company
• Westchem Technologies
• Kansai Paint Company

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Global Phosphate Conversion Coatings Market: Key Trends

The global phosphate conversion coatings market is likely to be influenced by the following drivers, restrains, opportunities during the study period.

Demand from Automotive Industry to Set the Market on High Growth Trajectory

Phosphating treats surface of metals to make them hard and non-conductor of electricity. The surface becomes contagious and is capable of more absorption than the metal itself. The global phosphate conversion coatings market is driven by the extensive use of the process in metal treatment.

Coating technologies come with several advantages. However, the latest market development indicates a shift toward environment friendly products. The market requires new coating processes to be easier with lesser period of time and it requires lower temperature to operate as opposed to processes of zinc or iron phosphate. In addition, new processes do well with all substrates like aluminum, steel, and zinc. In a bid to reduce the adverse impact on the environment, manufacturers are engaging in the process of pre-treatment that are free of phosphorous. This process can be can be used on a number of substrates and goes well with equipment of mild steel. Products that are free from phosphorous are environment friendly.

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