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Coated Engraved And Heat Treated Metal Products Market Analysis, Size, Share, Trends, Growth And Forecast To 2033
oated Engraved And Heat Treated Metal Products Market Analysis
As per the report, the coated, engraved, and heat treated metal products market size has grown strongly in recent years. It will grow from $206.12 billion in 2023 to $217.87 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The coated, engraved, and heat treated metal products market size is expected to see strong growth in the next few years. It will grow to $266.42 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.
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Automotive Industry Growth Drives Prosperity In Coating, Engraving, Heat Treating, And Allied Activities Market
The coating, engraving, heat treating, and allied activities market have benefitted from the rapid growth in the automotive industry during the historic period. For instance, steel, aluminium, and magnesium are some of the metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions, and numerous other parts. For instance, in April 2023, according to a report published by the Alliance for Automotive Innovation, a US-based trade association, sales of light trucks made up 79% of all sales in March 2023. Production of light vehicles in the United States rose by 6% from one month to the next in February 2023, totalling 873,247 vehicles (147,870 automobiles and 701,972 light trucks). Therefore, the rise in demand for automobiles during this period, positively impacted the coating, engraving, heat treating, and allied activities market.
Transformation Of Metal Engraving And Etching With Laser Technology
Laser engraving system technology is being highly used by the companies involved in the engraving etching and chasing of metals. Laser engraving and laser etching are contact-free, reduce surface damage, are durable, and are safer than toxic solvents, inkjet, and acids. Laser engravings are faster than hand engraving, and dot-peen markings. Its applications comprise product labelling and coding in the electronics industry (mobile phones, tablets, etc.), tool construction, and medical technology.
The coated engraved and heat treated metal products market covered in this report is segmented -
1) By Type: Heat Treated Metal Products, Coated, Engraved Metal Products and Allied Services to Manufacturers, Electroplated, Plated, Polished, Anodized, and Colored Metal Products
2) By Treatment: Spheroidizing, Stress Relieving, Quenching and Tempering, Normalizing
3) By Application: Manufacturing, Automotive, Other Applications
Subsegments Covered:, Solvent-Borne Coatings, Water-Borne Coatings, High Solids Coatings, Powder Coatings, Radiation Curable Coatings, Others
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Major companies operating in the coated engraved and heat treated metal products market include Bodycote plc, Valmont Industries Inc., Voestalpine AG, Womble Company Inc, NCI Building Systems Inc., Industrial Steel Treating Company, Foresight Finishing LLC, Queen City Steel Treating Co., S.M. Engineering & Heat Treating Inc., General Metal Heat Treating Inc., Scarrott Metallurgical Company, Accurate Steel Treating, Rizhao Steel, CITIC Limited, Fangda Steel, Liuzhou Steel, Inner Mongolia Baotou Steel Union Co. Ltd., Summit Stairs and Millwork of Charlotte Inc., Fini USA Corp., Qure Medical, Cap Yarns LLC, Oldcastle Glass, Wikoff Color Corporation, C-A-T Resources LLC, C.M. Steel Inc., Ambassador Packaging Inc., Superior Washer & Gasket Corp, PBI Products Inc., Hy-Power Coatings Ltd, Tilton Industries Inc, Aalberts Industries N.V., American Roller Company, ArcelorMittal, BlueScope Steel Limited, Canam Group Inc.
Contents of the report:
1. Executive Summary
2. Coated Engraved And Heat Treated Metal Products Market Report Structure
3. Coated Engraved And Heat Treated Metal Products Market Trends And Strategies
4. Coated Engraved And Heat Treated Metal Products Market - Macro Economic Scenario
5. Coated Engraved And Heat Treated Metal Products Market Size And Growth
…..
27. Coated Engraved And Heat Treated Metal Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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