Metal Finishing Market
Metal Finishing Market Report Description:
Metal finishing market report gives comprehensive outlook on metal finishing across the globe with special emphasis on key region ns such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on material testing market gives historical, current, and future market sizes (US$ XX Mn) on the basis of process, product, industrial application, and region. This report studies metal finishing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this industry market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed metal finishing market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of this industry market report include suppliers, manufacturers, and marketers, policy makers engaged in global external fixator products.
Metal Finishing Market:
The global metal finishing market estimated to be expand at significant CAGR over 2019-2025 due to rising requirement for durable, wear resistant and long-term metal products, and increasing automotive, metal & steel industries. The development of eco-friendly technologies will significantly surge the demand for inorganic metal finishing processes in the future time. But, environmental restrictions on chemicals used in the processing of metal finishes, and rising substitution of metal by plastics are the key factor for restricting the growth of this market.
Increase in Applicability of Metal Finishing in Various Industries
Metal finishing has various industrial applications such as automotive, electronics, aerospace, hardware, appliances, and others. Automotive is estimated to be the fastest growing application segment over the forecast period in emerging economies like China, India, etc. Increasing demand for electronics, appliances, and heavy machinery due to the rising population in the world will grow this market in future time.
North America has Highest Revenue Share in Material Testing Market
According to regional analysis, North America has projected to dominate the revenue share owing to technological advancement and growing R&D sector of material science. North America has major key player related to material finishing industries such as Honeywell International Inc., Metal Finishing Technologies, LLC and others. Due to rising automotive and electronic manufacturing in countries such as China, India is anticipated to witness the fastest CAGR over the forecast period.
Key player’s profiles in the metal finishing market include:
- TIB Chemicals
- Atotech Deutschland GmbH
- Honeywell International Inc.
- Metal Finishing Technologies, LLC
- Almco, Inc.
- Giant Finishing, Inc.
- Okuno-Auromex Ltd.
- E. Aubin Company
- Uyemura and Co Ltd
- Buffoli Impianti Srl
- Linde (Praxair Inc.)
- Mc-Gean Rocho US
- Coral Chemical Company
On June 13, 2018, TIB Chemicals launched PROTEGOL UR Coating, which is latest two component liquid polyurethane coating system for buried and submerged pipelines.
On Sept. 12, 2019, Honeywell International Inc. included IoT and advancement in smart manufacturing
Key Findings of the Report:
- Metal finishing market expanding at significant CAGR over 2019 to 2025 owing to launch of newer products into market.
- Based on process, product, industrial application and region segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in this industry market
- Heat Treating
- Braze & Solder
- Metal Plating
- Metal Coating
- Metal Anodizing
- Plating Chemicals
- Conversion Coatings
- Cleaning Chemicals
By Industrial Application
- Rest of Europe
- Australia & New Zealand
- Rest of Asia-Pacific
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- South Africa
- Rest of MEA
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market