Market News
Recent Developments:
- In May 2022, Atotech and Schweitzer Engineering Laboratories, Inc. entered into a business partnership. Under this agreement, Schweitzer Engineering Laboratories will incorporate Atotech's Uniplate equipment in its newly established PCB production facility in Idaho, U.S. Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating, while Schweitzer Engineering Laboratories is an industry leader in the design and manufacture of digital products and systems that protect, control, and automate electric power systems.
- In March 2022, MacDermid, Inc. successfully finalized the purchase of Alent PLC, a branch of Platform Specialty Products. This acquisition led to the creation of a new division, Performance Solutions, which merged the existing operations of MacDermid, Inc. with the newly acquired Alent businesses. This amalgamation was focused on providing customers around the globe with advanced innovation and service offerings at every stage of the supply chain. MacDermid, Inc. is a specialty chemical company that provides innovative solutions for a wide range of industries. The company is a part of MacDermid Performance Solutions, which is a global leader in specialty chemicals and technical services.
Figure 2. Global Trivalent Chromium Finishing Market Share (%), by Application, 2024