Inorganic Metal Finishing Market- Global Industry Analysis, Size and Forecast 2014-2020.
A new Transparency Market Research report states that the global
inorganic metal finishing market stood at US$54.7 bn in 2013 and is
predicted to reach US$83.3 bn by 2020. The market will expand at a
6.20% CAGR between 2014 and 2020. The title of the report is
“Inorganic Metal Finishing Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020”
As per the report, factors such as rapid development of the steel and
automotive industries, resulting in an increased demand for inorganic
metal finished components, is fuelling the inorganic metal finishing
market. In addition, rise in industrial activities within the
aerospace sector and heavy industries is also amongst the major
factors stimulating the inorganic metal finishing market. On the
other hand, factors such as stringent regulations imposed by the EPA
and REACH on chromium emissions during a number of metal finishing
processes including electroplating are predicted to be a key
challenge for the market players, hence imposing a negative effect on
the growth of the market.
Download
the Exclusive Report at
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=817
On the basis of technology, the market is segmented into cladding,
anodizing, conversion coatings, electroplating, galvanizing, and
others including electro polishing, etc. Amongst these,
electroplating is majorly utilized for depositing metal finishing on
automotive components. The electroplating segment was the biggest
technology segment and represented 35% of the market.
On the basis of product, the market is segmented into inorganic metal
finishing technology, pre-treatment/surface preparation, and
consumables and spares. Amongst these, inorganic metal finishing
technology is broadly utilized in numerous industrial as well as
electrical and electronic applications owing to a number of benefits
associated with the usage of this technology. Properties including
high durability and good corrosion resistance are the major driving
factors increasing the demand for inorganic metal finishing
technology.
On the basis of application, the inorganic metal finishing market is
segmented into electrical and electronics, automotive, industrial,
and others including defense and hardware. Amongst these, on the
basis of revenue, the automotive application segment held the biggest
share, of more than 50%, in the market in 2013. The industrial
application segment followed the automotive segment and stood as the
second-biggest application segment in the market, trailed by the
segment of electrical and electronic and others such as defense and
hardware.
On the basis of geography, the market is segmented into Europe, North
America, Asia Pacific, and Rest of the World (RoW). Amongst these, in
2013, Asia pacific emerged as the biggest market for inorganic metal
finishing, trailed by North America and Europe. Asia Pacific
represented a share of approximately 35% in the market and is
predicted to be the most swiftly developing region on the basis of
consumption of inorganic metal finishing technologies. North America
also has a strong hold in the inorganic metal finishing market and is
predicted to rise at a 5.90 % CAGR on the basis of revenue from 2014
to 2020.
The prime players operating in the market include Metal Finishing
Technologies LLC, Abakan Inc., Sequa Corporation, Elementis plc,
Rockwood Holdings Inc., Atotech Deutschland GmbH, Industrial Metal
Finishing, and Honeywell International Inc., among others.
Browse the full Inorganic Metal Finishing (Pretreatment/Surface
Preparation, Inorganic Metal Finishing Process and Consumables and
Spares) Market for Automotive, Electrical and Electronics, Industrial
and Other Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020 report at
http://www.transparencymarketresearch.com/inorganic-metal-finishing-processes.html
The
market is segmented as follows:
Inorganic
Metal Finishing Market – Product Segment Analysis
Pretreatment/Surface Preparation
Inorganic Metal Finishing Processes
Consumables and Spares
Inorganic
Metal Finishing Market – Application Analysis
Automotive
Electrical and Electronics
Industrial
Others (Including hardware and defense)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Comments
Post a Comment