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Sandblasting Media Market Soaring at 6.1% CAGR During the Period 2017-2024

01-30-2018 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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Sandblasting Media Market Soaring at 6.1% CAGR During the Period

MarketStudyReport.com adds a new Sandblasting Media Market research report that provides a detailed market overview as well as industry analysis for / of companies, manufacturers and distributors covering data on gross margin, cost structure, consumption value, sale price and more.

Sandblasting Media Market will be primarily driven by robust growth in construction and automotive industry over the forecast years. Increasing demand for robotic sandblasting technology will also be responsible for propelling sandblasting media demand in the next few years. Robotic sandblasting will witness an additional demand from the increasing need for solid waste management. Robotic sandblasting is helpful in waste management by increasing the overall performance and operational efficiency of components, which ultimately leads to less raw material consumption and a reduced waste generation.

Request a sample copy of Sandblasting Media Market Research Report @ https://www.marketstudyreport.com/request-a-sample/467752/?utm_source=opr-SK

Sandblasting Media Market is forecast to exceed USD 10 billion by 2024; according to a new research report.

Automotive industry growth will be a prime revenue generator for sandblasting media market during the forecast timespan. In automotive industry sandblasting is majorly used in electroplating pre-treatment, paint spraying and coating for surface cleaning and improving anti-corrosion capacity as well as adhesion. Removing surface marks, eliminating burrs of injection plastic parts to enhance the product quality is another important part in the automotive industry. A major hurdle in sandblasting media market growth is the threat of health hazards posed by usage of silica as an abrasive agent. Since inhalation of silica, causes health problems including silicosis and various other diseases, many countries have banned the usage of blast cleaning abrasives containing over 0.1% free silica, which has led to popularity of abrasive materials including walnut shells, crushed glass and water.

Silica sand held the largest share in global sandblasting media market owing to its extensive application in various end-user industries such as metalworking and automotive. Metalworking industry accounted for a significant share in overall sandblasting media market in 2016. Sandblasting media modify metal work piece surface hardness and eliminate stress and various other operations such as processing spring, plane vane, machining weapons and knife. The product also aids in carving patterns in slip resistance treatment metal and non-metal item surfaces which includes anti-skid handle, stele lettering, marble and stamping.

Enquire about this report @ https://www.marketstudyreport.com/enquiry-before-buying/467752/?utm_source=opr-SK

Asia Pacific, mainly China, shall grow at significant rate over the forecast duration. Automobile and construction both are growing industries in Asia Pacific. Countries such as Japan, India and China are spending enormous amount on their aerospace and aviation sectors, which is a positive indicator for sandblasting media market growth in the coming years. Increase in construction spending is likely to positively influence sandblasting media market owing to its cleaning and finishing properties. China construction spending was over USD 1.7 trillion in 2016. Residential, commercial, and industrial construction requires sandblasting for cleaning processes. These materials are used in architectural coatings for interior, exterior and primer purposes.

The sandblasting media market is primarily comprised of substantial number of local manufacturers operating within specific regions. Some of the market players follow both backward and forward integration. CYM Materials and Opta Minerals are forward integrated companies; both are involved in manufacturing of products as well as equipment. Key industry players include Ervin, U.S. Silica, AGSCO Corporation, Carborundum Universal Limited, Synco Industries, Saint Gobain Ceramic Materials and Harsco. Other prominent market share contributors include MHG Strahlanlagen GmbH, GMA Garnet, Opta Minerals Inc. and Cym Materials S.A.

For more information on this report, please visit @ https://www.marketstudyreport.com/reports/sandblasting-media-market/?utm_source=FR-SK

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