Metal Finishing Equipment Market Identifies the Key Drivers of Growth and Challenges of the Key Industry Players

The metal finishing equipment market is expected to witness increased product demand for application in wear-resistant, durable, and long-lasting metal products, which are employed in various industries. These products are often further integrated into equipment, appliances, and vehicles. Besides, the growing adoption of environment-friendly electroless plating techniques and consumer shift from traditional solvent-borne technologies to newer technologies are expected to provide ample growth opportunities to the players in the metal finishing equipment industry in the coming years.

North America Market Size and Forecast

6.1 By Type

    6.1.1 Inorganic Metal Finishing Equipment, by Type

6.2 By Country

     6.2.1 U.S.

6.2.1.1 By Type

     6.2.1.1.1 Inorganic Metal Finishing Equipment, by Type

     6.2.2 Canada

     6.2.2.1 By Type

    6.2.2.1.1 Inorganic Metal Finishing Equipment, by Type

Market share consolidation by industry participants via mergers and acquisitions across all levels of the value chain is identified as the key trend in the metal finishing equipment market. For instance, in August 2018, a private equity firm Aterian Investment Partners announced the acquisition of Pioneer Metal Finishing LLC, a provider of plating, anodizing, and other value-added surface-treating services. Besides, increasing adoption of automobiles in Asian economies, such as China and India, is expected to translate into a high demand for metal finishing equipment in the automotive sector, thus positively impacting the demand dynamics of the market.

Europe Market Size and Forecast

7.1 By Type

     7.1.1 Inorganic Metal Finishing Equipment, by Type

7.2 By Country

     7.2.1 U.K.

     7.2.1.1 By Type

     7.2.1.1.1 Inorganic Metal Finishing Equipment, by Type

     7.2.2 Germany

     7.2.2.1 By Type

     7.2.2.1.1 Inorganic Metal Finishing Equipment, by Type

     7.2.3 France

     7.2.3.1 By Type

     7.2.3.1.1 Inorganic Metal Finishing Equipment, by Type

Metal finishing is a process of applying a thin layer of a foreign metal, polymer film, or alloy on a metal surface. The metal finishing process includes a series of elementary steps, including surface pretreatment/preparation, which are followed by the coating on the metal surface. This helps enhance the aesthetics of the metal in addition to improving its electrical and bonding properties. In the report, the metal finishing equipment market is segmented on the basis of type, application, and region.