Global Inorganic Metal Finishing Market – Snapshot
Need for corrosion resistant and wear resistant metals is driving need for a number of industry verticals such as electronics, automotive, and steel is driving demand for inorganic moral finishing market. Besides, it is also demanded in the heavy industries and aerospace domain.
Between 2014 and 2020, the global inorganic metal finishing market would chart a steady 6.20 growth rate, compounded annually – CAGR – as per a Transparency Market Research (TMR) study report. That means from a market worth of USD 54.7 billion in 2013, the market would see an improvement to reach the valuation of USD 83.3 billion in 2020.
And, as stated above, certain industries are coextensive with this market. Thus, a growth in one leads to growth in demand for inorganic metal finishing market. Therefore, growth in steel and automotive will generate demand in the market over the forecast period. Additionally, experts predict heavy growth in the aerospace sector over the coming period.
The only factor that seems to hamper the global inorganic metal finishing market from reaching its full potential over the forecast period is strict regulatory framework around chromium emissions that are noted in a number of processes associated with inorganic metal finishing. This is makes it imperative to make a mention of EPA an REACH that are the underlying force behind these constraints.
However, this constraint will be offset by a number of other trends and drivers that are propelling the global inorganic metal finishing market forward over the forecast period. It is also worth noting here that the global inorganic metal finishing market is fragmented and players that have led the market to break new ground include the likes of 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.
It is pertinent to note here that the global inorganic metal finishing market report is segmented by product and application and the former is sub segmented into pretreatment or surface preparation, inorganic metal finishing process, consumables and spares. On the other hand, the latter is sub divided into automotive, industrial, electrical and electronics, and others (including hardware and defense).
Inorganic Metal Finishing Processes to Dominate Product Category
By product, the inorganic metal finishing processes will dominate the segment owing to wide range of across industries, especially in electronic and electrical applications. The reason behind this is that this process allows for metals to gain high durability and resistance to corrosion, and wear and tear.
By application, automotive will top the charts. In 2013, the share was close to 50% and the trend is set to continue over the forecast period. This growth graph would be higher to electrical and electronics, which are closely following in the footsteps of automotive, to be the second largest sub segment in under the applications category.
Asia Pacific to Lead Global Inorganic Metal Finishing Market over the Forecast Period
The global inorganic metal finishing market report, as prepared by Transparency Market Research is segmented on the basis of region into the following zones – North America, Europe, Asia Pacific, and the Rest of the World (RoW). And, from these areas, Asia Pacific (APAC) will lead the global inorganic metal finishing market, owing to rapid industrialization. in the region. And, as the nations do well on the economic front, the region will only contribute more to the growth curve over the forecast period.
List of Figures
FIG. 1 Global Inorganic Metal Finishing Market Segmentation
FIG. 2 Global Inorganic Metal Finishing Market, 2013–2020 (US$ Bn)
FIG. 3 Value Chain Analysis Of The Global Inorganic Metal Finishing Market
FIG. 4 Global Automotive Market (Passenger + Commercial Vehicles ), 2011–2020 (Mn Units)
FIG. 5 Global Steel Market, 2011–2020 (Mn Tons)
FIG. 6 Porter’s Five Forces Analysis For Inorganic Metal Finishing Market
FIG. 7 Inorganic Metal Finishing: Market Attractiveness Analysis
FIG. 8 Global Inorganic Metal Finishing Process Market Revenue Share, by Product Segment, 2013 And 2020
FIG. 9 Global Inorganic Metal Pretreatment/Surface preparation Market, 2013–2020 (US$ Bn)
FIG. 10 Global Inorganic Metal Finishing Technology Market, 2013–2020 (US$ Bn)
FIG. 11 Global Inorganic Metal Finishing Consumables And Spares Market, 2013–2020 (US$ Bn)
FIG. 12 Global Inorganic Metal Finishing Market Revenue Share, by Technology Analysis, 2013 And 2020
FIG. 13 Global Anodizing Inorganic Metal Finishing Technology Market , 2013–2020 (US$ Bn)
FIG. 14 Global Cladding Inorganic Metal Finishing Technology Market, 2013–2020 (US$ Bn)
FIG. 15 Global Conversion Coating Inorganic Metal Finishing Technology Market, 2013–2020 (US$ Bn)
FIG. 16 Global Electroplating Inorganic Metal Finishing Technology Market , 2013–2020 (US$ Bn)
FIG. 17 Global Electroless Plating Inorganic Metal Finishing Technology Market Process Market for Electroless Plating, 2013–2020 (US$ Bn)
FIG. 18 Global Galvanizing Inorganic Metal Finishing Technology Market, 2013–2020 (US$ Bn)
FIG. 19 Global Others (Including Electropolishing) Inorganic Metal Finishing Technology Market Process , 2013–2020 (US$ Bn)
FIG. 20 Global Inorganic Metal Finishing Market Revenue Share, by Application, 2013 And 2020
FIG. 21 Global Inorganic Metal Finishing Market for Automotive Application, 2013–2020 (US$ Bn)
FIG. 22 Global Inorganic Metal Finishing Market for Electrical And Electronics Application, 2013–2020 (US$ Bn)
FIG. 23 Global Inorganic Metal Finishing Market For Industrial Application, 2013–2020 (US$ Bn)
FIG. 24 Global Inorganic Metal Finishing Market for Other Applications, 2013–2020 (US$ Bn)
FIG. 25 Global Inorganic Metal Finishing Market Revenue Share, by Region, 2013 And 2020
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Inorganic Metal Finishing Market
