Market Overview:
The global passivation services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passivation services from various end-use industries, such as oil and gas, medical and pharmaceutical industry, aerospace and defense, food and beverage, semi-conductor industry, and others. In terms of type, the citric acid passivation services segment is projected to lead the global passivation services market during the forecast period. This can be attributed to its properties such as low toxicity levels; non-corrosive nature; biodegradability; ability to form a protective film on metal surfaces; easy availability; and low cost. In terms of application, the oil and gas segment is projected to lead the global passivation services market during the forecast period.
Product Definition:
Passivation is a surface treatment that increases the corrosion resistance of stainless steel and other alloy components. The Passivation Services offered by All Metals & Forge Group can improve your component's ability to resist attack from corrosive environments.
Citric Acid Passivation Services:
Citric acid passivation services are used for the prevention of surface corrosion in various ferrous and non-ferrous alloys. It is also used as a pretreatment for enhancing the quality of coatings, paints & varnishes and to prevent their degradation. The growing automotive industry coupled with rising demand from end-use industries such as construction, packaging & labeling is expected to drive the global citric acid passivation services market over the forecast period.
Phosphoric Acid Passivation Services:
Phosphoric acid passivation services are used for the creation of a hydrophobic surface on any material. The process is widely used in the semiconductor industry to produce metal phosphide surfaces which are utilized in integrated circuits (IC) manufacturing. It also finds application as an etching agent and cleaning tool for silicon wafers during the production of electronic chips.
Application Insights:
The oil and gas industry led the global passivation services market in 2017, accounting for over 30.0% of the overall revenue share. The segment is expected to continue its dominance over the forecast period owing to increasing investments in deep-water exploration activities and shale gas projects across various regions, including North America and Europe.
Passivation services are used extensively in aerospace & defense applications as well as medical & pharmaceutical industry due to high demand for corrosion resistant coatings that are applied on a wide range of metal alloys, such as aluminum bronzes, magnesium alloys, steel bronzes and others. Increasing product demand from various end-use industries has resulted in growing penetration across different regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to China and India. In 2016, these countries produced more than 50% of global semi-conductor products and around 65% of global pharmaceuticals. Thus, it can be concluded that a large number of industries are dependent on passivation services in these countries for production enhancement and cost reduction purposes.
The demand for passivation services in North America was valued at USD X million in 2017 owing to high demand from end-use industries such as medical devices, aerospace parts manufacturing, food processing units among others across U.S., Canada, Mexico and other Central & South American nations during the same year (2017).
Growth Factors:
- Increasing demand for semiconductor devices in automotive and consumer electronics industries
- Growing number of advanced packaging applications
- Proliferation of 3D IC technology
- Rising need for reliability and quality in electronic components
- Increasing trend of miniaturization in electronic devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Passivation Services Market Research Report
By Type
Citric Acid Passivation Services, Phosphoric Acid Passivation Services, Nitric Acid Passivation Services, Others
By Application
Oil and Gas, Medical and Pharmaceutical Industry, Aerospace and Defense, Food and Beverage, Semi-conductor, Others
By Companies
Anopol, Astro Pak, CT Industrial, KEPCO, Inc, Pure Clean Systems Inc, W. Soule & Co, Element Materials Technology, Metal Cutting Corporation, ABLE Electropolishing, H&W Global Industries,Inc, Arrow Cryogenics, TWR Service Corporation, Precision Engineered Products LLC, Imagineering Finishing Technologies, ELECTRO-SPEC, INC, Techmetals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Passivation Services Market Report Segments:
The global Passivation Services market is segmented on the basis of:
Types
Citric Acid Passivation Services, Phosphoric Acid Passivation Services, Nitric Acid Passivation Services, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Medical and Pharmaceutical Industry, Aerospace and Defense, Food and Beverage, Semi-conductor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anopol
- Astro Pak
- CT Industrial
- KEPCO, Inc
- Pure Clean Systems Inc
- W. Soule & Co
- Element Materials Technology
- Metal Cutting Corporation
- ABLE Electropolishing
- H&W Global Industries,Inc
- Arrow Cryogenics
- TWR Service Corporation
- Precision Engineered Products LLC
- Imagineering Finishing Technologies
- ELECTRO-SPEC, INC
- Techmetals
Highlights of The Passivation Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Citric Acid Passivation Services
- Phosphoric Acid Passivation Services
- Nitric Acid Passivation Services
- Others
- By Application:
- Oil and Gas
- Medical and Pharmaceutical Industry
- Aerospace and Defense
- Food and Beverage
- Semi-conductor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passivation Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Passivation services are a type of IT service that help protect computer systems from unauthorized access. They can include things like password protection, firewalls, and intrusion detection/prevention software.
Some of the major players in the passivation services market are Anopol, Astro Pak, CT Industrial, KEPCO, Inc, Pure Clean Systems Inc, W. Soule & Co, Element Materials Technology, Metal Cutting Corporation, ABLE Electropolishing, H&W Global Industries,Inc, Arrow Cryogenics, TWR Service Corporation, Precision Engineered Products LLC, Imagineering Finishing Technologies, ELECTRO-SPEC, INC, Techmetals.
The passivation services market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passivation Services Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Passivation Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Passivation Services Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Passivation Services Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Passivation Services Market Size & Forecast, 2018-2028 4.5.1 Passivation Services Market Size and Y-o-Y Growth 4.5.2 Passivation Services Market Absolute $ Opportunity
Chapter 5 Global Passivation Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Passivation Services Market Size Forecast by Type
5.2.1 Citric Acid Passivation Services
5.2.2 Phosphoric Acid Passivation Services
5.2.3 Nitric Acid Passivation Services
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Passivation Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passivation Services Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Medical and Pharmaceutical Industry
6.2.3 Aerospace and Defense
6.2.4 Food and Beverage
6.2.5 Semi-conductor
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passivation Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passivation Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passivation Services Analysis and Forecast
9.1 Introduction
9.2 North America Passivation Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passivation Services Market Size Forecast by Type
9.6.1 Citric Acid Passivation Services
9.6.2 Phosphoric Acid Passivation Services
9.6.3 Nitric Acid Passivation Services
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Passivation Services Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Medical and Pharmaceutical Industry
9.10.3 Aerospace and Defense
9.10.4 Food and Beverage
9.10.5 Semi-conductor
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passivation Services Analysis and Forecast
10.1 Introduction
10.2 Europe Passivation Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passivation Services Market Size Forecast by Type
10.6.1 Citric Acid Passivation Services
10.6.2 Phosphoric Acid Passivation Services
10.6.3 Nitric Acid Passivation Services
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Passivation Services Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Medical and Pharmaceutical Industry
10.10.3 Aerospace and Defense
10.10.4 Food and Beverage
10.10.5 Semi-conductor
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passivation Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passivation Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passivation Services Market Size Forecast by Type
11.6.1 Citric Acid Passivation Services
11.6.2 Phosphoric Acid Passivation Services
11.6.3 Nitric Acid Passivation Services
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Passivation Services Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Medical and Pharmaceutical Industry
11.10.3 Aerospace and Defense
11.10.4 Food and Beverage
11.10.5 Semi-conductor
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passivation Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Passivation Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passivation Services Market Size Forecast by Type
12.6.1 Citric Acid Passivation Services
12.6.2 Phosphoric Acid Passivation Services
12.6.3 Nitric Acid Passivation Services
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Passivation Services Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Medical and Pharmaceutical Industry
12.10.3 Aerospace and Defense
12.10.4 Food and Beverage
12.10.5 Semi-conductor
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passivation Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passivation Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passivation Services Market Size Forecast by Type
13.6.1 Citric Acid Passivation Services
13.6.2 Phosphoric Acid Passivation Services
13.6.3 Nitric Acid Passivation Services
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Passivation Services Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Medical and Pharmaceutical Industry
13.10.3 Aerospace and Defense
13.10.4 Food and Beverage
13.10.5 Semi-conductor
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passivation Services Market: Competitive Dashboard
14.2 Global Passivation Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anopol
14.3.2 Astro Pak
14.3.3 CT Industrial
14.3.4 KEPCO, Inc
14.3.5 Pure Clean Systems Inc
14.3.6 W. Soule & Co
14.3.7 Element Materials Technology
14.3.8 Metal Cutting Corporation
14.3.9 ABLE Electropolishing
14.3.10 H&W Global Industries,Inc
14.3.11 Arrow Cryogenics
14.3.12 TWR Service Corporation
14.3.13 Precision Engineered Products LLC
14.3.14 Imagineering Finishing Technologies
14.3.15 ELECTRO-SPEC, INC
14.3.16 Techmetals