Target Audience of Metal Finishing Equipment Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Metal Finishing Equipment Market Report provides key statistics on the market status of the Metal Finishing Equipment Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
Europe metal finishing equipment market is expected to register a CAGR of 5.43% during 2018 to 2023 (the forecast period). Germany dominated the Europe metal finishing equipment market, accounting for around 35% of the market through the forecast period.
Inorganic Metal Finishing to dominate the Metal Finishing Equipment Market
Applications, such as electroplating, surface preparation, galvanizing, and electroless plating, amongst other applications, are driving the inorganic metal finishing market. Electroplating process segment dominated the inorganic metal finishing market in 2017. Electroplating acts as a barrier against corrosion, enhances the appearance of the metal, reduces friction, is an efficient conductive solution, improves catalytic converter performance, and prevents formation of whiskers; all of which make it a viable choice to be used as a process for metal finishing applications, thus, driving its growth in the inorganic metal finishing market.
Increasing Usage in Automotive
In the automotive industry, metal finishing is used in engine and other under-the-hood components, power steering systems, brake parts and systems, air-conditioning components and systems, chassis hardware, climate control components, and fuel systems. In Europe, countries, such as France, Germany, Italy, United Kingdom, Spain, and Sweden, have seen good growth in automotive production, which in turn, will increase the consumption of metal finishing in Europe, during the forecast period.
In Europe, automotive segment accounted to around 42% of the metal finishing market.
Germany to Dominate Market Growth through 2023
Germany dominated the Europe metal finishing market, accounting for around 35% of the market through the forecast period. Growing use of metal finishing technique in automotive, electronics, construction, aerospace, medical devices, manufacturing, etc., in the country will facilitate the growth of metal finishing technique, during the forecast period.
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Major companies covered in this Report:
- Technic Inc.
- Sifco Metal Industries
- TIB Chemicals AG
- Elementis PLC.
- Plating Equipment Ltd.
- Atotech Deutschland GmbH
- Anochrome Group
- Caswell Inc
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This Metal Finishing Equipment market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Metal Finishing Equipment market.