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Phosphate Conversion Coatings Market Overview by Rising Demands and Scope 2021 to 2031 | PPG Industries, Inc., The Sherwin-Williams Company, Axalta Coating Systems, LLC
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A phosphate conversion coating is a type of protective coating that is applied to metal surfaces. The coating is created by a chemical reaction between the metal surface and a phosphoric acid solution. The reaction produces a thin, insoluble film of phosphate that adheres to the metal surface.
Key Trends
There are a few key trends in phosphate conversion coatings technology. One is the development of more environmentally friendly coatings. This is being driven by regulations in many countries that are becoming more stringent. Another trend is the development of coatings that are more resistant to corrosion. This is being driven by the need for longer-lasting products in many industries.
Key Drivers
The key drivers of the phosphate conversion coatings market are the increasing demand for phosphate conversion coatings from the automotive industry, the growing construction industry, and the increasing demand for phosphate conversion coatings from the electrical and electronics industry.
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The automotive industry is a major consumer of phosphate conversion coatings. Phosphate conversion coatings are used in the automotive industry for a variety of applications such as corrosion protection of engine and transmission parts, underbody coatings, and wheel coatings. The construction industry is another major consumer of phosphate conversion coatings. Phosphate conversion coatings are used in the construction industry for a variety of applications such as corrosion protection of steel structures, masonry coatings, and floor coatings. The electrical and electronics industry is another major consumer of phosphate conversion coatings. Phosphate conversion coatings are used in the electrical and electronics industry for a variety of applications such as corrosion protection of electrical components, printed circuit boards, and connectors.
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Market Segments
The phosphate conversion coatings market report is bifurcated on the basis of product, substrate, end use, and region. On the basis of product, it is segmented into manganese, iron, and zinc. Based on substrate, it is analyzed across cast iron, steel, and others. By end use, it is categorized into automotive, food & beverages, consumer appliances, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The phosphate conversion coatings market report includes players such as 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, and Hubbard-Hall Inc.
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