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Technic and ChemTech Announce Agreement
Technic is proud to announce a new distribution agreement with ChemTech Surface Finishing. Under this arrangement, ChemTech will distribute and service Technic’s products on the Indian market, where the demand for surface treatment chemicals is steadily growing.
Headquartered in Rhode Island, USA, Technic has been a global supplier of specialty chemicals, custom finishing equipment, engineered powders, and analytical controls to the semiconductor, electronic, PCB, industrial, and decorative finishing industries for 80 years.
ChemTech Surface Finishing was founded by a team of experienced technical service professionals, focusing on providing innovative and sustainable solutions and services to the surface finishing industry.
ChemTech’s headquarter is located in Manesar, India and is equipped with state-of-the-art facilities, operating in line with global standards of QA/QC & HSE, to ensure supply of high quality products and customer support.
According to TechSci Research, the Indian surface treatment market has reached $383m in 2023 and is projected to continue growing with a CAGR of 5.94% through 2029. Among the primary drivers of this increase is the escalating demand from end-use industries, such as aerospace, automotive and industrial manufacturing.
The market is also showing growing interest for sustainable alternatives, with manufacturers looking for safer products in the surface treatment market.
Thanks to the collaboration with ChemTech, Technic plans to enhance their presence in the market, supplying high-performing chemicals for industrial and electronic applications.
We are excited to work with ChemTech and increase our understanding of the Indian market. ChemTech’s expertise and support will be instrumental in driving growth and achieving our strategic objectives in this region.
- Steve Schaefer, Chief Operations Officer
