Zinc phosphate is an inorganic compound which is chiefly used in corrosion resistance coating application. Zinc phosphate is either applied in form of electroplating or in form of primer coat on the metal surfaces to avoid the corrosion of bare metal. Zinc phosphate primarily finds its application in corrosion resistance coatings of ferrous metals. Ferrous metals are widely used in structural, automotive and marine industries and in numerous other end-user applications. The high corrosion susceptibility of ferrous metals increases the necessity of corrosion resistance coatings, thus increasing the need of zinc phosphate. The corrosion resistance coating application of zinc phosphate is anticipated to drive the market for zinc phosphate in the next six years. The present market for coatings is majorly dominated by Asia Pacific region followed by developed regions. The domination is mainly attributed to the increased demand from end-use industries such as automobile, construction and various consumer goods made from ferrous metals.
Zinc phosphate is manufactured from zinc phosphate cements which are mainly used in dentistry application. Zinc phosphate coatings are frequently used along with sodium stearate to form a lubrication layer in hot and cold forging processes. The reaction of sodium stearate and phosphate molecule results in strong adhesion to metal surface assuring better coat on the metal surface. The coating remains adhered to the surface even under severe working conditions making it suitable for numerous end-use applications. This makes the zinc phosphate coating suitable for various applications in automotive components manufactured using ferrous alloys. Considering the growth of automotive sector in coming decade the demand for anti-corrosion coatings is expected to be escalated. This augmented demand is likely to drive the requirement for zinc phosphate. Moreover, the marine components such as ship hulls and structural components which are exposed to corrosive environment are projected to further increase the requirement of zinc phosphate.
Asia Pacific region is projected to be the fastest growing market for zinc phosphate in the next six years. The growth in demand for zinc phosphate in numerous end-use industries such as automotive, marine industries is anticipated to be the prime reason behind boosting the zinc phosphate market. In addition, the speedy economic development of developing countries and intensification of industries using ferrous metals has led to escalation of the whole client base in these countries for applications in corrosion resistance coatings. In addition, the requirement of zinc phosphate in various consumer goods applications is expected to drive the demand for zinc phosphate market in next six years. Additionally, the developed economies across the U.S. and European region are progressively recovering from the sluggish economic conditions boosting the automotive market and thus the requirement for ferrous metals. Considering this outlook, the automotive and construction industry is expected to record a magnificent growth in the next few years boosting the requirement for anti-corrosion coatings and thus the demand for zinc phosphate. Furthermore, there is an incredible market potential for the anti-corrosion coatings from marine industry, in various countries such as China, India and even in other developed regions across the globe. Substantial increase in the demand for anti-corrosion coatings in marine industry is anticipated to drive the market for zinc phosphate in the next six years. The main companies functioning in the zinc phosphate market are chiefly focusing on such economies of globe for tapping their massive market potential.
Some of the major players operating in the zinc phosphate market are companies Henkel Corporation, Hubbard-Hall Inc., Chem Processing Inc., Chemetall, Haward Corporation, ALFA Chemicals Ltd.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
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