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.

Demand for inorganic metal finishing is primarily led by growth in automotive and steel industries across the globe. Asia Pacific dominates the global market for inorganic metal finishing technology. This report by Transparency Market Research analyzes, estimates and forecasts the demand for inorganic metal finishing on a global and regional level for a six-year period from 2014 to 2020. The study also provides information on restraints, drivers and opportunities along with their impact on the overall market during the forecast period. The report segments the market based on applications and regions and offers estimates and forecast for each segment. 
 
The study analyzes the product value chain, beginning with feedstock up to end-use. Additionally, it evaluates the market based on Porter’s five forces model, which analyzes the degree of competition by considering factors such as bargaining power of buyers and suppliers, and threat from substitute products and new entrants. The report includes a detailed competitive landscape of the inorganic metal finishing market.
 
Prices of inorganic metal finishing vary across each region. Considering that different end-users use different types of products, pricing for each application varies according to regions while estimating and forecasting market revenue on the global basis. The regional average price has been considered while breaking down the market by end-application in each region. Market size of the global inorganic metal finishing market has been presented in terms of revenue. Market revenue is in US$ Bn. Both domestic and captive sales of inorganic metal finishing have been considered. 
 
Market numbers are provided based on product types and applications in the context of the global as well as regional market. Market size and forecast for each major application is also provided in the context of the global as well as regional market. Numbers provided in the report are derived based on demand for inorganic metal finishing in various end-user industries across different regions. The industrial application segment consists of heavy machinery, aerospace and steel applications. All the prices have been considered as FOB prices. Market revenue has been calculated based on sales and consumption trends. All US$ exchange rates are as of 2013. Prices have been kept constant throughout the forecast period for calculating the market size.
 
The report provides a decisive view on the inorganic metal finishing market by segmenting the market based on product types and applications. Product segments analyzed in the report include pretreatment/surface preparation, inorganic metal finishing process and consumables and spares. The inorganic metal finishing processes have been further segmented into anodizing, cladding, conversion coatings, electroplating, electroless plating, galvanizing and others (including electropolishing). Based on applications, the inorganic metal finishing market is segmented into automotive, electrical and electronics, industrial and others (including, hardware and defense). These application segments have been analyzed based on present and future trends, and the market has been estimated from 2014 to 2020.
 
The inorganic metal finishing market is segmented based on geography into North America, Europe, Asia Pacific and Rest of the World (RoW). In terms of revenue, the market for inorganic metal finishing for each application type for each of these regions has been forecast for the period from 2014 to 2020.
 
Leading manufacturers profiled in the report include Abakan Inc., Metal Finishing Technologies LLC, Sequa Corporation, TIB Chemicals AG, Elementis plc, Rockwood Holdings Inc., Vanchem Performance Chemicals, Atotech Deutschland GmbH, Honeywell International Inc. and Industrial Metal Finishing. These companies are profiled in detail with features such as company overview, financial overview, business strategies, and recent developments.
 
Inorganic Metal Finishing Market - Product Segment Analysis
  • Pretreatment/Surface Preparation
  • Inorganic Metal Finishing Processes
  • Consumables and Spares
Inorganic Metal Finishing Market - Application Analysis
  • Automotive
  • Electrical and Electronics
  • Industrial
  • Others (Including hardware and defense)
Inorganic Metal finishing Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

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