North America Metal Finishing Market

North America Metal Finishing Market by Types (Inorganic Metal Finishing, Organic Metal Finishing, and Hybrid Metal Finishing), Applications (Automotive, Appliances, Hardware, Jewelry, Aerospace, Heavy Equipment, Medical Devices, Electronics, Construction, and Other Applications), and Geography (United States, Mexico, Canada, and Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-1154
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 170
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The North America metal finishing market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. Growth of the market is attributed to rising demand for strong, wear resistant, and durable metal products.

North America Metal Finishing Market Key Takeaways

Metal processing is a general term used to describe the process of applying a certain type of metal coating to the surface of a metal part (usually called a substrate). It includes cleaning and polishing or some other process. Surface modification metal processing typically includes electroplating, in which electric current is used to apply metal ions to the substrate. Metal finishing helps to reduce the wear and tear of steel products. It enables to enhance electric conductivity, resistance to torque, and growth solder ability of metals.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing investment and demand for heavy machinery in the industrial sector are expected to boost the market during the forecast period.
  • Rapid growth of metal finishing industry due to increase in demand of technologically developed cars and growth of automotive industry are major factors fueling the market.
  • Transition from traditional solvent-based technology to new technology is expected to drive the market during the forecast period.
  • High maintenance cost of metal due to environmental effect and to prevent it from rusting is expected to hamper the market growth.
  • Environmental restrictions on some chemicals and increasing replacement of metal by plastics act as major factors that can hamper the market growth during the forecast period.
  • R&D investment and technological advancement in metal finishing for improving fuel efficiency and overall performance are expected to offer immense opportunities for the market players.

Scope of the Report

The report on the North America 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

Details

Report Title

Metal Finishing Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Inorganic Metal Finishing, Organic Metal Finishing, and Hybrid Metal Finishing), Applications (Automotive, Appliances, Hardware, Jewelry, Aerospace, Heavy Equipment, Medical Devices, Electronics, Construction, and Other Applications)

Geographical scope

United States, Canada, Mexico and Rest Of North America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

C. Uyemura & Co. Ltd, Honeywell international Inc., Linde PLC., and OC Oerlikon Management AG


Market Segment Insights

The inorganic metal finishing segment is projected to expand at a rapid pace during the forecast period
Based on types, the metal finishing market is segmented into inorganic metal finishing, organic metal finishing, and hybrid metal finishing. The inorganic metal finishing segment is expected to hold a key share of the market during the forecast period owing to applications such as electroplating; surface treatment, galvanizing, and electrode less coating are driving the development of the inorganic metal coating market. The electroplating segment is estimated to expand at a high CAGR during the forecast period. It improves the appearance of the metal, reduces friction, is an effective conductive solution, improves the performance of the catalyst and prevents the formation of whiskers.

North America Metal Finishing Market By Types

The automotive segment is expected to hold a major market share
Based on applications, the metal finishing market is fragmented into automotive, appliances, hardware, jewelry, aerospace, heavy equipment, medical devices, electronics, construction, and other applications. The automotive segment is expected to hold a key share of the market during the forecast period owing to metal processing as one of the most popular methods for applying protective coatings on metal automotive parts. Metal surface treatment includes the use of inorganic metal surface treatment (such as electroplating) to apply a metal coating. Automotive industry uses metal panels on the engine and other components under the hood, power steering, brake components and systems, air conditioning components and systems. The growth of the automotive industry is directly proportional to the growth of the metal finishing market; however, automotive production in the United States and Canada had declined in previous years, but the industry is expected to recover rapidly in the next few years.

The US is expected to dominate the market
On the basis of geography, the North America metal finishing market is classified as the United States, Canada, Mexico, and rest of North America. The market of United States is anticipated to hold a major market of around 78% during the forecast period. Metal processing technology is used in the fields of automobiles, electronics, construction, aerospace, and medical device manufacturing. The United States is one of the fast growing emerging economies and has developed into one of the major manufacturer in the world. According to data from the federal aviation administration (FAA), the total number of commercial aircraft fleets is estimated to reach 8,270 by 2037. Strong exports of aerospace components to countries such as France, China, Germany, and high consumer spending in the US are projected to drive the market. Several automakers plan to invest in aerospace industry in next few years because government threatens to increase taxes on imported cars, which is expected to fuel the market in Mexico.

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 Construction
  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 Construction
  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 Construction
  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 Construction
  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 Construction
  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 Construction
  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. C. Uyemura & Co. Ltd Honeywell international Inc. Linde plc. OC Oerlikon Management AG
Segments Covered in the Report
The North America metal finishing market has been segmented on the basis of

Types
  • Inorganic metal finishing
  • Organic metal finishing
  • Hybrid metal finishing
Applications
  • Automotive
  • Appliances Hardware
  • Jewelry
  • Aerospace
  • Heavy Equipment
  • Medical Devices
  • Electronics
  • Construction
  • Other Applications
Geography
  • United States
  • Canada
  • Mexico
  • Rest of North America
Key Players
  • C. Uyemura & Co. Ltd
  • Honeywell international Inc.
  • Linde plc.
  • OC Oerlikon Management AG

Key players competing in the metal finishing market include C. Uyemura & Co. Ltd, Honeywell international Inc., Linde PLC, and OC Oerlikon Management AG

Some of these players use several business strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

North America Metal Finishing Market By Key Players

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