Global “Composite Metal Finishing” Market industry is anticipated to an extensive growth during the forecast period 2018-2023. Composite Metal Finishing Market report provides in detail analysis of market with revenue growth and upcoming trends. report contains the forecasts, market size, share estimates and profiles of the leading industry Players.
Composite Metal Finishing Market research report provides derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Composite Metal Finishing industry. The report is a reliable analysis of current scenario of the market, which covers several market dynamics.
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The global composite metal finishing market is expected to register a CAGR of 7.24% during the forecast period of 2018–2023. The market is majorly driven by the growing popularity of the electroless nickel composite coating, which is experiencing a huge global demand from automotive and heavy machinery industries.
Electroless Nickel Composite Coating Driving the Market
Electroless nickel composite coating technology has various advantages such as energy and cost savings, automatic monitoring of chemical replenishment, and also, it aids in plating blind holes with stable thickness. The increasing demand of this technology in automotive applications such as pistons, shock absorbers, fuel injection rails, and fuel pumps in the Asia-Pacific region, especially in India, China, and ASEAN countries is likely to drive the market.
Electroless Composite Plating to Dominate the Market
The global composite metal finishing market, based on the process types, can be broadly segmented into electroplating and electroless composite plating. Electroless composite plating is expected to dominate the composite metal finishing market owing to its advantages, like ensuring flexibility in plating thickness and saving electricity cost. The rising demand from automotive, oil & gas, and heavy machinery industries are expected to boost the market share of electroless composite plating further.
Automotive Manufacturing Driving the Asia-Pacific Market
The market, based on geographic area, is segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. In terms of consumption in 2017, Asia-Pacific held a significant market share, followed by North America. Asia-Pacific is also expected to be an emerging market during the forecast period with the increase in automotive manufacturing facilities in China, India, Indonesia, and Thailand. North America and Western Europe are mature markets. North America alone, currently has more than 1000 electroless nickel plating facilities.
In May 2017, Atotech launched a new electroplating technology named BluCr, which is the first trivalent chromium hard chrome plating process and an alternative to hexavalent hard chrome plating.
Major Players are Atotech, DowDuPont, Honeywell International, Inc., Bales, and Coventya International, amongst others.
Major Regions: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia
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Reasons to Purchase this Report:
- Analysing various perspectives of the Composite Metal Finishing market size with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Composite Metal Finishing market growth during the forecast period.
- Identify the latest developments, Composite Metal Finishing market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Major Points Covered in Table of Content of Composite Metal Finishing Market forecast 2023
1. Introduction of Composite Metal Finishing Market Report
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Composite Metal Finishing Market Trends
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Composite Metal Finishing Market Dynamics
6. Global Composite Metal Finishing Market, Segmented by Size
7. Global Composite Metal Finishing Market, Segmented by Technology Type
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8. Global Composite Metal Finishing Market, Segmented by Geography
8.1 North America
8.1.1 United States
8.2 South America
8.4.1 United Kingdom
8.5 Africa and Middle East
8.5.2 South Africa
8.5.3 Saudi Arabia
9. Competitive Landscape
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
11. Future Outlook of the Market
And Many More……….
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