According to a recent market study published by Growth Market Reports, titled, “Global Abrasive Blasting Equipment Market” by types and by end-users: Size, Share, Trends and Opportunity Analysis, 2019-2030”, the market was valued at USD 485.3 Million in 2021 and is expected to grow at a growth rate of 5.1% by the year 2030.

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As per Growth Market Reports industry analyst Sakshi Bhoyar and Vineet Pandey “Global Abrasive Blasting Equipment Market is anticipated to witness significant growth during the forecast period 2022-2030. Rising adoption of abrasive blasting equipment in numerous residential applications including cleaning driveways, paths, sidewalks, patios, pools, and woodworks is driving the market.

Abrasive blasting refers to the procedure of forcibly forcing a high-pressure stream of abrasive material against a surface for removing surface contaminants and shaping a surface (roughening a smooth surface or smoothening a rough surface). Several variations of the process such as sand blasting, shot blasting, bead blasting, and soda blasting are available. PPE is essential for all abrasive blasting processes to protect and control the working environment. Growing adoption of abrasive blasting equipment in residential and industrial applications is fueling the market.

Key factors that are anticipated to fuel the demand for the global abrasive blasting equipment market during the forecast period, due to growing demand for abrasive blasting equipment in the automobile sector and other industries and emergence of robotic abrasive blasting machines. Conversely, the heath-related risk is hampering the growth of the market. Technological advancement in the existing technologies is creating lucrative opportunities for market players.

The value chain concept disaggregates a firm into the various activities it performs. Conceptualizing from the firm level, this concept has been applied to industries as a whole. The resulting unified merchant embedded computing value chain comprises activities such as strategy, defining scope, user documentation, marketing, implementation, training & certification, maintenance & support, subscription, licensing, and operations. Developers, outsourcing companies, resellers, marketing companies, and license issuers have different profit margins that vary depending on the material, product, sizes, and prices, offered by the company.

The primary as well as secondary research methodology is used for keen observation and study about the Global Abrasive Blasting Equipment Market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects.

Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs.

Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The COVID-19 pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects.

Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services. However, reduction in outdoor activities and social distancing has created lucrative opportunities for the market.

Key Takeaways from the Study

  • The players include AGTOS Gesellschaft fur technische Oberflächensysteme mbH, Airblast B.V., Clemco Industries Corp., Empire Abrasive Equipment, Graco Inc., Viking Group Inc., MIDWEST FINISHING SYSTEMS, INC, torbo ENGINEERING KEIZERS GmbH, Sinto America, Inc., Kramer Industries Inc.
  • Based on blasting types, the global abrasive blasting equipment market is divided into sand blasting, wet blasting, shot blasting, water blasting/washing & degreasing, vacuum blasting, centrifugal blasting, soda blasting, steel grit blasting, bristle blasting, air blower fans blasting, pencil blasting, bead blasting, and others. The sand blasting segment is estimated to expand at a significant CAGR during the forecast period, due to the high adoption in applications such as repair, dust removal, and paint removal.
  • In terms of control systems, the market is divided into manual, semi-automatic, and automatic/robot. The automatic/robot segment is expected to expand at a significant CAGR during the forecast period. Rising consumer preferences for automated abrasive blasting equipment to reduce manual work is boosting the market.
  • On the basis of tank capacity, the global abrasive blasting equipment market is categorized as above 3000 L, 2000 L To 3000 L, 1000 L To 2000 L, and less than 1000 L. The less than 1000 L segment is projected to expand at a significant CAGR during the forecast period, due to the rising use of portable sandblasting machines among customers. Moreover, manufacturers offer a wide range of OEM products with a variation in tank capacities to increase their customer base.
  • Based on the products, the abrasive blasting equipment market is bifurcated into portable/mobile and stationary/fixed. The portable/mobile segment is projected to expand in the near future, due to rising use for cleaning and polishing. The growth of the portable/mobile segment is attributed to rising demand for sandblasting machines among consumers.
  • In terms of end-users, the market is segregated into petrochemicals, aerospace & defense, marine, oil & gas, construction, manufacturing, automotive, and others. The construction segment is anticipated to expand during the forecast period, due to the growth in construction activities worldwide.
  • On the basis of distribution channels, the global abrasive blasting equipment market is fragmented into direct sales (OEMs), sales through distributors, and sales through online. The direct sales segment is estimated to grow in the near future, due to increasing demand for transactional flexibility among consumers.
  • In terms of regions, the market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Asia Pacific constituted a significant share of the market associated with low-cost availability in the market.

Report Scope

Report Metric

Details

Market Value in 2021

USD 485.3 Million

Market Growth Rate (from 2020 to 2030)

5.1%

Historical Data

2015 & 2020

Base Year

2021

Forecast Period

2021 – 2030

Units Considered

Value (USD Million)

Market Segments

By Type, By Blasting Types, Control Systems, By Tank Capacity, By Products, By End-users, By Distribution Channels, and by Region

Key Companies Profiled

PPG Industries, Inc, Stahl Holdings B.V., Others.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Product Manufacturer and Supplier/Distributor
  • Demand Side: Petrochemicals, Aerospace & Defense, Marine, Oil & Gas, Construction, Manufacturing, Automotive, and Others.
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.
  • Associations and Industry Bodies: International Organization for Standardization, Occupational Safety and Health Administration (OSHA), and European Standards.