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Sales In Vapor Blasting Equipment Market Are Expected To Witness A Healthy CAGR Of 5.0%, Surpassing US$ 187.0 Mn By 2032

09-27-2022 04:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Sales In Vapor Blasting Equipment Market Are Expected To Witness

In 2022, the global vapour blasting equipment market is expected to be worth US$ 113.7 million. The vapour blasting equipment market is predicted to grow at a robust 5.0 percent CAGR, hitting US$ 187.0 Mn by 2032. Increasing automotive vehicle production and a burgeoning automotive aftermarket are predicted to enhance vapour blasting equipment over the assessment period (2022-2032).

Development in building and construction, automotive vehicle production, rising shipbuilding and aerospace industry will boost the sales of vapor blasting equipment. Significant increases in the use of vapor blasting equipment in the construction industry for concrete repair and restoration and wood and brick cleaning activities for outdoor settings bolstering the demand for vapor blasting equipment.

Leading players in automated vapor blasting equipment with increasing applications, rapidly growing metal and steel construction industry owing to rising product demand and rising aerospace and shipbuilding industries will propel the vapor blasting equipment demand.

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Key Takeaways:

The vapor blasting equipment market is projected to witness a CAGR of 5.0% during the period of 2022 and 2032.
By control type, automatic segment is expected to remain one of the fastest growing segment with the highest growth rate.
By end-use, automotive and aerospace industry is expected to remain a key consumer over the forecast period.
France is expected to lead the growth in Europe vapor blasting equipment market during the assessment period
East Asia is expected to be the most lucrative region, with sales in South Korea to burgeon at a robust pace through 2022 & beyond
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Competitive Landscape

The market of vapor blasting equipment is estimated to be a moderately fragmented market, where key players are expected to account for a key share of the market. Some of the top manufacturers include Guyson Corporation, Graco Inc., Raptor Blasting Systems LLC, Vapormatt Ltd., KKS Ultraschall AG, Graf Cleaning Systems, Airblast B.V., Nicchu Co. Ltd., ABShot Tecnics S.L., MACOHO Co., Ltd., PAUL AUER GMBH, and many others are the some of the manufacturers of vapor blasting equipment profiled in the full version of the report.

Key players are certainly focusing on introducing technologically advanced products with increased industrial applications. Further top players are also expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market.

For instance, In March 2022, Vapormatt Ltd. launched a new wet-blasting machine, "Vapormate" a compact and highly versatile entry-level manual machine. This machine is specially designed for smaller spaces and is ideal for a wide range of industries.

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Vapor Blasting Equipment Market Segmentation
By Control Type:

• Manual
• Semi-Automatic
• Automatic

By End-Use Industry:
• Automotive
• Aerospace
• Shipbuilding
• Construction
• Other

By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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Latest Report: https://www.futuremarketinsights.com/reports/

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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