The global metal finishing market is projected to have a significant CAGR of 4.6%, during the forecast period.The major factors propelling market growth include rising end-user industries such as automotive, electronics and others. Metal finishing modifies the surface or layer of a workpiece to attain specific characteristics. It includes several operations such as surface pretreatment, preparation, and actual coating methods. In the automotive industry, metal finishing has a significant role in the production of automotive equipment. Therefore, the rising demand for metal finishing in automotive industry coupled with the rising production of automotive propels the market growth during the forecast period.
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Increasing requirement of the long-lasting, wear-resistant and durable machineries for various industrial applications encourages the metal finishing market growth. Metal finishing improves the corrosion resistance of the metal layer and provides durability in the metal.The market players use a variety of materials and processes to clean, etch, and plate metallic and non-metallic surfaces to create a work piece that has the desired surface characteristics. The chemical, electrochemical, electrolytic plating and electroless plating are mainly used in the metal finishing industry. However, the rising adoption of the plastics in place of metals and concerns related to the use of toxic metal finishes chemicals are the factors that can hinder the market growth in the near future.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Metal Finishing Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global metal finishing market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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