Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
Market Insights
The study projects that the Metal Finishing market will register a xxxx% CAGR in terms of revenue, which is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019. The market growth is mainly attributed to the rapid growth of the automotive industry, increasing income, and further development of urbanization.
Asia-Pacific has the largest market share accounting for more than 32% of the global share, followed by North America and Europe, and is also projected to be the fastest-growing market during the forecast period. This trend is mainly because of the increasing applications, technological advancements, and growing demand in the emerging economies in the Asia Pacific region, such as China. Besides, the rapid growth of automotive industry is another important factor for market growth in this region. Europe is likely to witness stable growth over the next few years on account of growing automotive development, manufacturing and demand from developed nations, such as Spain, France, and Italy. Moreover, the existence of numerous manufacturers, such as Coventya, BASF SE, Atotech Deutschland, Elementis, Henkel AG and Rashig, is expected to propel the regional growth in the near future.
Based on the type, Hybrid mental finishing segment holds the largest market share. Hybrid mental finishing is majorly used in marine environments because they exhibit very effective impedance (Z) values in extreme environments and provide excellent corrosion protection compared to conventional counterparts. In addition, domestic applications are also creating a huge demand for hybrid mental finishing, owing to more cost effectiveness and durability.
Based on application, Automotive segment is anticipated to be the fastest growing application segment over the forecast period on account of ever-increasing demand and production of commercial and passenger vehicles in emerging countries, such as India, China, Thailand, and Indonesia. Furthermore, the growing automotive industry is the result of increasing disposable income as well as government initiatives and policies encouraging growth.
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Competitive Outlook
The major global Metal Finishing market competitors include Abakan Inc., Metal finishing technologies LLC, Sequa Corporation, TIB Chemicals AG, Elementis plc, Chemetall, Vanchem Performance Chemicals, Atotech Deutschland GmbH, Honeywell International Inc., Industrial Metal Finishing, Joshi Metal finishing industry, JMD industry, Delstar Metal Finishing Inc., Sifco Metal Industries, Mass finishing Inc., etc.
Type Outlook
• Inorganic metal finishing market
• Organic metal finishing market
• Hybrid metal finishing market
Application Outlook
• Automotive
• Appliances
• Hardware
• Jewelry
• Aerospace
• Heavy Equipment
• Tires
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Regions Covered in the Report:
North America
• United States
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Italy
• Nordic Countries (Denmark, Finland, Iceland, Norway and Sweden)
• Spain
• Belgium
• Poland
• Russia
• Turkey
• Others
Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia and New Zealand
• ASEAN Countries (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Others)
Latin America, Middle East & Africa
• GCC Countries (Saudi Arabia, United Arab Emirates, Qatar, Others)
• Brazil
• Nigeria
• South Africa
• Argentina
• Others
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The research report provides in-depth analysis on:
• The estimation of the growth rate, market size and share of the Metal Finishing Market throughout the forecast period.
• The assessments for the regional market layout characteristics in the world.
• The SWOT of the Metal Finishing Market.
• Leading manufacturers’ profiles, product features, business features, target customer features.
• Significant trends for the growth prospects of the Metal Finishing Market by 2026.
• The report tracks detailed information about merges, innovations, policies and recent developments in the industry.
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