Inorganic Metal Finishing Market 2021: On-going Demand, Opportunities, Segmentation, and Forecast till 2028

Inorganic coatings encompass "surface conversion, enameling, metallic coatings, anodizing, and more". These coatings are created through a chemical action that changes the surface layer of metal into a metallic oxide film or compound to reduce corrosion. The treatments change the immediate surface layer of metal into a film of metallic oxide or compound which has better corrosion resistance than the natural oxide film and provides an effective base or key for supplementary protection such as paints. It is mostly used in automotive, electrical and electronics, industrial, hardware, defense.

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"Global Inorganic Metal Finishing Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the inorganic metal finishing market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading inorganic metal finishing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

Based on product type, the global inorganic metal finishing market is segmented into pre-treatment/surface preparation, inorganic metal finishing process, consumables and spares, and others.

Based on application, the global inorganic metal finishing market is segmented into automotive, electrical and electronics, industrial, hardware, defense, and others.

MARKET DYNAMICS

Drivers:

Increasing use of components that have inorganic metal finishing in a wide variety of applications.

Increasing demand for electric vehicles, wear-resistant.

The finishing technology offers high corrosion resistance and also increases the substrates durability.

Rising R&D activities drive the inorganic metal finishing market.

Restraints

Environmental restrictions on some metal finishing chemicals, and replacement of metal by high-performance plastics.

IMPACT OF COVID-19 ON INORGANIC METAL FINISHING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The inorganic metal finishing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the inorganic metal finishing market in these regions.

MARKET PLAYERS

Abakan Inc
Metal Finishing Technologies LLC
Sequa Corporation
Industrial Metal Finishing
TIB Chemicals AG
Elementis Plc
Rockwood Holdings
Honeywell International
Vanchem Performance Chemicals

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This release was published on openPR.