Report Description
The Europe metal finishing market size was valued at USD XX Billion in 2022 and is anticipated to reach USD XX Billion by 2031, expanding at a CAGR of 6% during the forecast period, 2023–2031. The growth of the market is attributed increasing requirement for durable metal components. Moreover, rising demand for wear-resistant metal products are expected is driving the market growth.
Metal finishing is the process of improving the metal appearance and durability. One of the methods of metal finishing includes electroplating, which produces a thin surface coating on the metal by electrodeposition.
Metal finishing is referred to metal coating on the surface of a metallic part, also known as, substrate. The process can involve cleaning and polishing of the metal surface. Without metal finishing, products made from metals would last only a fraction of their present lifespan owing to the corrosion and wear. Finishing is also used to enhance electrical properties such as to to enhance the bonding between adhesives or organic coatings with metals.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing demand for electric vehicles is one of the major drivers that is contributing to the growth of the Europe metal finishing market.
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Environmental restrictions on some chemicals can restrain the market growth in the projected timeline
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Increasing replacement of metal by high-performance plastics can hinder the market growth.
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Ongoing technological advancements and rising investment in the development of new metal finishing process can create opportunities for industry players during the forecast period.
Scope of the Metal Finishing Market Report
The report on the europe metal finishing market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Metal Finishing Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Inorganic Metal Finishing [Cladding, Pretreatment/Surface Preparation, Consumables and Spares, Electroplating, Galvanization, Electro Less Plating, Conversion Coatings, Anodizing, and Electro Polishing], Organic Metal Finishing, and Hybrid Metal Finishing), Applications (Automotive, Appliances, Hardware, Jewelry, Aerospace, Heavy Equipment, Medical Devices, Electronics, Construction, and Others)
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Geographical Scope
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Germany, UK , Italy, France, Spain, Russia, Rest of Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Honeywell International Inc., Linde plc, OC Oerlikon Management AG, TIB Chemicals AG, and POSCO.
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Europe Metal Finishing Market Segment Insights
Inorganic metal finishing segment to grow at a rapid pace
Based on types, the market is divided into inorganic metal finishing, organic metal finishing, and hybrid metal finishing. The inorganic metal finishing segment is further divided into cladding, pretreatment/surface preparation, consumables and spares, electroplating, galvanization, electro less plating, conversion coatings, anodizing, and electro polishing. The inorganic metal finishing is anticipated to account for a major market share and is anticipated to grow at a rapid pace during the forecast period.
Automotive segment to account a significant market share
Based on applications, the market is divided into automotive, appliances, hardware, jewelry, aerospace, heavy equipment, medical devices, electronics, construction, and others. The automotive segment is anticipated to account for a significant market share during the forecast period. Auto manufacturers are seeking for better technologies to protect their products from the relentless forces of corrosion.
Vehicles are constantly exposed to the moisture, which can cause the premature demise of metal car parts. Metal finishing comprises the application of a metal coating through inorganic metal finishing, such as electroplating. This prevents automobiles from both red and white rust from reaching the underlying metal surface. Increasing production owing to rising disposable income is expected to spur the market segment.
Germany to account a considerable market share
On the basis of geographies, the market is segregated Germany, UK, Italy, France, Spain, Russia, and Rest of Europe. Germany is anticipated to hold a considerable market share owing to increasing production of aircraft, which in turn, has grown the demand for metal finishing in the country. On the other hand, the market in Russia is expected to grow at a healthy rate due to increasing metal production and imports.
Segments
The europe metal finishing have been segmented on the basis of
Types
- Inorganic Metal Finishing
- Cladding
- Pretreatment/Surface Preparation
- Consumables and Spares
- Electroplating
- Galvanization
- Electro Less Plating
- Conversion Coatings
- Anodizing
- Electro Polishing
- Organic Metal Finishing
- Hybrid Metal Finishing
Applications
- Automotive
- Appliances
- Hardware
- Jewelry
- Aerospace
- Heavy Equipment
- Medical Devices
- Electronics
- Construction
- Others
Geographies
- Germany
- UK
- Italy
- France
- Spain
- Russia
- Rest of Europe
Key Players
Competitive Landscape
The major players of the market are Honeywell International Inc., Linde plc, OC Oerlikon Management AG, TIB Chemicals AG, and POSCO.
Companies are investing in R&D activities and are engaging in joint ventures and acquisitions to expand their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Finishing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Metal Finishing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Finishing Market - Supply Chain
4.5. Global Metal Finishing Market Forecast
4.5.1. Metal Finishing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Finishing Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Metal Finishing Market Absolute $ Opportunity
5. Global Metal Finishing Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Metal Finishing Market Size and Volume Forecast by Types
5.3.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Metal Finishing Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Metal Finishing Market Size and Volume Forecast by Applications
6.3.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Metal Finishing Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Metal Finishing Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Metal Finishing Demand Share Forecast, 2019-2026
8. North America Metal Finishing Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Metal Finishing Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Metal Finishing Market Size and Volume Forecast by Types
8.4.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Metal Finishing Market Size and Volume Forecast by Applications
8.7.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Metal Finishing Demand Share Forecast, 2019-2026
9. Latin America Metal Finishing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Metal Finishing Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Metal Finishing Market Size and Volume Forecast by Types
9.4.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Metal Finishing Market Size and Volume Forecast by Applications
9.7.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Metal Finishing Demand Share Forecast, 2019-2026
10. Europe Metal Finishing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Metal Finishing Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Metal Finishing Market Size and Volume Forecast by Types
10.4.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Metal Finishing Market Size and Volume Forecast by Applications
10.7.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Metal Finishing Demand Share Forecast, 2019-2026
11. Asia Pacific Metal Finishing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Metal Finishing Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Metal Finishing Market Size and Volume Forecast by Types
11.4.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Metal Finishing Market Size and Volume Forecast by Applications
11.7.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Metal Finishing Demand Share Forecast, 2019-2026
12. Middle East & Africa Metal Finishing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Metal Finishing Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Metal Finishing Market Size and Volume Forecast by Types
12.4.1. Inorganic Metal Finishing
Organic Metal Finishing
Hybrid Metal Finishing
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Metal Finishing Market Size and Volume Forecast by Applications
12.7.1. Automotive
Appliances
Hardware
Jewelry
Aerospace
Heavy Equipment
Medical Devices
Electronics
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Metal Finishing Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Metal Finishing Market: Market Share Analysis
13.2. Metal Finishing Distributors and Customers
13.3. Metal Finishing Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Honeywell International Inc.
13.4.2.
Linde plc
13.4.3.
OC Oerlikon Management AG
13.4.4.
TIB Chemicals AG
13.4.5.
POSCO