The global metal finishing processes market is growing at a considerable CAGR of around 4.4% during the forecast period. Metal finishing is a technique of changing the surface of the object to advance its appearance and durability. The metal finishing process involves the implementation of a method for cleaning, polishing, and improving the metal surface. The major factors that drive the growth of the global metal finishing processes market include the increasing use in the electroplating and polishing processes as this offer durability, improve the appearance of the metal, high corrosion resistance, and wear resistance, and the change from customary solvent-borne technologies to advanced technologies due to theses the international manufacturers spending in the metal finishing processes industrial sector.
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Additionally, in the automotive sector, the growth has slowed over the recent years. trades of new automobiles are going down in many parts across the globe. This has exaggerated the previously growing automotive production in maximum countries, According to OICA, In 2019, the total number of vehicles manufactured is around 91.79 million. Which is slow down 5.2% from the previous year. Moreover, the environmental restriction on some metal finishing chemicals by the government and increasing replacement of metal by plastics is hampering the growth of the market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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 Processes Market Segmentation
By Type
- Inorganic Metal Finishing
- Organic Metal Finishing
- Hybrid Metal Finishing
By Application
- Aerospace
- Appliances
- Automotive
- Electronics
- Heavy Equipment
- Jewelry
- Medical Devices
- Other Applications
Global Metal Finishing Processes Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global metal finishing processes market Based on the availability of data, information related to new product launches, 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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