Report Highlights
The global market for equipment, consumables and spares for inorganic metal finishing processes was valued at $64.5 billion in 2014 and is expected to reach $68.9 billion in 2015. This total market is further expected to increase at a compound annual growth rate (CAGR) of 7.4% from $73.6 billion in 2016 to $105 billion in 2021.
Report Includes
- An overview of global and regional markets for various types of inorganic metal finishing technologies and related products, including reasons given for variations in the growth of the industry in certain regions.
- Analyses of global market trends, with data from 2014, estimates for 2015 and 2016, and projections of CAGRs through 2021.
- Discussion of new developments taking place in the metal finishing industry with respect to continuous improvements in environmental performance.
- Evaluations of various applications of inorganic metal finishing coatings and the markets for such applications, with special emphasis on the new products being developed and markets for such products.
- Examination of expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality, and environmental properties.
- Comprehensive company profiles of major players in the industry.
Report Scope
The report has been prepared in a simple and easy to understand format with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of inorganic metal finishing technologies and related products, with the reasons given for variations in the growth of the industry in certain regions.
Analyst Credentials
The analyst of this report is a mechanical engineer with more than 40 years’ experience in designing factory layouts and setting up factories. He has set up factories for the production of weighing machines and dynamic balancing machines in India and has experience in designing, producing and servicing the above equipment. He was Senior Vice President of M/S Schenck Avery Ltd., an Indo-German joint venture, and has set up paint shops, electroplating shops and heavy fabrication shops designed to fabricate and finish various structures of weighing and dynamic balancing equipment.
Report Highlights
The total market for equipment/spares for inorganic metal finishing was valued at $56.2 billion in 2011, is projected to reach $60.4 billion in 2013 and $84 billion in 2018, a five-year compound annual growth rate (CAGR) of 6.8% from 2013-2018.
Report Includes
- An overview of global and regional markets for various types of inorganic metal finishing technologies and related products, with the reasons given for variations in the growth of the industry in certain regions
- Analyses of global market trends, with data from 2011, estimates for 2012 and 2013, and projections of compound annual growth rates (CAGRs) through 2018
- Discussion of new developments taking place in the metal finishing industry with respect to continuous improvements in environmental performance
- Evaluations of various applications of inorganic metal finishing coatings and the markets for such applications, with special emphasis on the new products being developed and markets for such products
- Examination of expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality, and environmental properties
- Comprehensive company profiles of major players in the industry
Report Highlights
- The global market for inorganic metal finishing technologies was worth $42.3 billion in 2007. This is expected to reach $44.4 billion by the end of 2008 and $61.1 billion in 2013, for a compound annual growth rate (CAGR) of 6.6%.
- Inorganic metal finishing processes have the largest share of the market and generated $29.0 billion in 2007. This is expected to reach $30.1 billion in 2008 and $39.7 billion in 2013, for a CAGR of 5.7%.
- Surface preparation/pretreatment has the second largest market share, worth $9.3 billion in 2007. This is expected to reach $9.8 billion in 2008 and grow at a CAGR of 7.7% to reach $14.2 billion in 2013.
Report Highlights
-
The global IMFT market is estimated to reach about $21.1 billion in 2005 and is expected to rise at an average annual growth rate (AAGR) of 7.4%, to more than $30 billion in 2010.
-
The market for electroplating currently is the largest (nearly 46% of the total IMFT market), and will continue to retain this position util 2010, although its growth rate will be the lowest.
-
Galvanizing, anodizing, electroless plating and electropolishing are expected to feature stronger growth. Currently, these technologies together constitute about 40% of the total market.
-
IMFT applications for computers and communications, and the electronics and electrical appliances industries, will witness the highest growth.
Related Reports
Physical Vapor Deposition (PVD): Global Markets
The global market for physical vapor deposition (PVD) equipment, materials, and services was worth roughly $19 billion in 2013. The market is expected to increase to nearly $20.3 billion in 2014 and $26.4 billion in 2019, a compound annual growth rate (CAGR) of 5.5% for the period of 2014 to 2019.
Ultrasonics: Technologies and Global Markets
The global ultrasonic market reached nearly $21.5 billion in 2013. This market is expected to grow to nearly $26.6 billion in 2015 and $45.2 billion in 2020 with a compound annual growth rate (CAGR) of 11.2% over the five-year period from 2015 to 2020.
Global Markets and Technologies for Inorganic Metal Finishing Processes
The total market for equipment/spares for inorganic metal finishing was valued at $56.2 billion in 2011, is projected to reach $60.4 billion in 2013 and $84 billion in 2018, a five-year compound annual growth rate (CAGR) of 6.8% from 2013-2018.
Recent Reports
Nondestructive Testing Equipment and Services: Ultrasonic, Radiographic, Eddy Current and Others
The global market for NDT equipment and services is estimated to increase from $31.3 billion in 2023 to reach $50.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.1% from 2023 through 2028.
Electronics Contract Manufacturing and Design Services: The Global Market
The global market for electronics contract manufacturing and design services is estimated to increase from $546.4 billion in 2023 to reach $847.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.2% from 2023 through 2028.
Hydraulic Pumps and Motors: Global Markets
The global market for hydraulic pumps and motors was valued at $18.0 billion in 2022. The market is estimated to grow from $18.8 billion in 2023 to reach $22.9 billion by 2028, at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2028.
Industrial Boilers: Technologies and Developing Markets
The global industrial boilers market should reach $14.6 billion by 2028 from $11.5 billion in 2023 at a compound annual growth rate (CAGR) of 4.8% for the forecast period of 2023 to 2028.
Global Markets and Technologies for Inorganic Metal Finishing Processes
The global market for inorganic metal finishing technologies is estimated to increase from $93.3 billion in 2022 to reach $119.9 billion by 2027, at a compound annual growth rate (CAGR) of 5.1% from 2022 through 2027.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $14.7 billion in 2022 to $21.7 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% from 2022 through 2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More