Inorganic Metal Finishing Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 2020
91 Page Report
Automotive Applications Gain Dominant Market Share in Asia
Pacific, Inorganic Metal Finishing Market to Register 6.20%
CAGR by 2020
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Inorganic Metal Finishing Market
A new Transparency Market Research report states that the global inorganic metal finishing market stood
at US$54.7 bn in 2013 and is predicted to reach US$83.3 bn by 2020. The market will expand at a 6.20%
CAGR between 2014 and 2020. The title of the report is “Inorganic Metal Finishing Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”
As per the report, factors such as rapid development of the steel and automotive industries, resulting in an
increased demand for inorganic metal finished components, is fuelling the inorganic metal finishing
market. In addition, rise in industrial activities within the aerospace sector and heavy industries is also
amongst the major factors stimulating the inorganic metal finishing market. On the other hand, factors
such as stringent regulations imposed by the EPA and REACH on chromium emissions during a number of
metal finishing processes including electroplating are predicted to be a key challenge for the market
players, hence imposing a negative effect on the growth of the market.
On the basis of technology, the market is segmented into cladding, anodizing, conversion coatings,
electroplating, galvanizing, and others including electro polishing, etc. Amongst these, electroplating is
majorly utilized for depositing metal finishing on automotive components. The...