Phosphating Solution/Phospho rizing
Liquid Market
Phosphating Solution/Phosphorizing Liquid Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Phosphating Solution/Phosphorizing Liquid Market
Size and Growth
The phosphating solution market is experiencing steady growth, driven by increasing demand in automotive, aerospace, and industrial sectors. The global market size is projected to reach approximately $1.2 billion by 2028, with a CAGR of 5.2%. Sustainability trends and advancements in formulation enhancing corrosion resistance are key market drivers.
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Companies Covered
(Covid 19 Impact Covered)
◍ Evonik
◍ Air Products
◍ Sartomer (Arkema)
◍ BASF
◍ Eastman
◍ Elementis
◍ 3M
◍ Huntsman
◍ DowDuPont
◍ Momentive
◍ HD MicroSystems
◍ Akzo Nobel
◍ Solvay
◍ Allnex
◍ SEM
◍ Nippon
◍ PPG
◍ Hexpol Compounding
The Phosphating Solution/Phosphorizing Liquid Market features major players like Evonik, BASF, and Henkel, which enhance rust protection and paint adhesion in coatings. Companies utilize innovative phosphating technologies, driving market growth through improved product performance. Sales figures for select companies include: BASF ($65 billion), 3M ($35 billion), and Eastman ($10 billion).
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Market Segmentation
By Application
Petrochemical Industry
Power Plant
Steel Industry
Chemical
Automobile
By Product
◍ Protective
Lubrication ◍ Anti-friction
Electrical Insulating
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Market Growth
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$ X Billion USD
