Global Markets and Technologies for Inorganic Metal Finishing Processes
October 31, 2012
Wellesley, Mass – According to a new technical market research report, GLOBAL MARKETS AND TECHNOLOGIES FOR INORGANIC METAL FINISHING PROCESSES (MFG019C) from BCC Research (www.bccresearch.com), the market for global inorganic metal finishing processes is expected to reach valued at $58.3 billion in 2012 and should reach $60.4 billion in 2013. Total market value is expected to reach $84 billion in 2018 after increasing at a five-year compound annual growth rate (CAGR) of 6.8%.
The market for inorganic metal finishing process can be broken into three types of treatments/processes: surface preparation/pretreatment, inorganic metal finishing processes, and consumables and spares.
The segment made up of surface and pretreatment processes is expected to have a value of nearly $13.9 billion in 2013 and nearly $20 billion in 2018, a CAGR of 7.6%.
The segment made up of inorganic metal finishing processes should have a value of $39.5 billion in 2013 and nearly $53.1 billion in 2018, a CAGR of 6.1%.
The consumables and spares segment is expected to total nearly $7.1 billion in 2013 and $11 billion in 2018, a CAGR of 9.3%.
Surface treatment of metals plays a major role in extending the life of metals, such as in automotive bodies and construction materials. It is also used in equipment that increases safety or reduces consumption of other raw materials (e.g. plating of aerospace and automotive braking and suspension systems, plating precision fuel injectors for automotive engines to reduce fuel consumption, plating materials for cans to preserve food, etc.). The main environmental impacts relate to energy and water consumption, the consumption of raw materials, emissions to surface and groundwaters, solid and liquid wastes, and the site condition on cessation of activities.
The surface treatment of metals does not itself form a distinct industry sector. Surface treatments do not create products; they change the surface properties of previously formed components or products for subsequent use.
This report will help its readers:
- Identify newer market opportunities and develop targeted promotion plans for inorganic metal finishing technologies and related products
- Stay on top of competitor initiatives and explore demand for inorganic metal finishing technologies
- Develop new products for newer applications
- Understand the dynamics of the market and identify possible new markets.
This report will be valuable to many industry participants, including the following:
- Business development executives
- Information and research institution librarians
- Research and development professionals
- Marketing managers for end users
- Inorganic metal finishers.
Global Markets and Technologies for Inorganic Metal Finishing Processes( MFG019C )
Publish Date: Oct 2012
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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