Global Metal Finishing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Metal Finishing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Metal finishing are the process of coating a surface using materials such as gold, silver, palladium, copper, tin, or palladium nickel. Metal finishing applications are used in numerous industries ranging from electronics and automotive to aerospace and telecommunications. Without metal finishing, products would wear much quicker.

Market Overview:

The latest research study on the global Metal Finishing market finds that the global Metal Finishing market reached a value of USD 11618.69 million in 2022. It’s expected that the market will achieve USD 18971.24 million by 2028, exhibiting a CAGR of 8.51% during the forecast period.

Impact on raw material supplier

Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. The supply of raw materials has received a great deal limit. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.

Impact on sales & distribution

During the epidemic period, most Metal Finishing enterprises did not carry out Internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year. In addition, during the epidemic prevention and control period, the daily work of some enterprises without the habit of online work was greatly affected.

Established presence of major end-use industries

The end user industry will play a key role by generating demand for the metal finishing industries. Among them, electrical and electronic, aerospace, medical and automotive can be considered the most productive. Metal finishing can prevent metal oxidation and the adverse effects of exposure to water and chemicals, high temperature or ultraviolet radiation, and provide wear resistance.

Replacement of metal by plastics

Taking the automobile as an example, a large number of plastic products are used in the automotive industry to replace various expensive non-ferrous metals and alloy materials., And can also reduce the energy consumption of cars.
For example, polycarbonate (PC) not only has the strength of non-ferrous metals, but also has both ductility and toughness. Its impact strength is extremely high, and it cannot be destroyed by hammering. Polycarbonate has excellent transparency and can be coloured.

Advancement in metal plating technologies

The application fields of electroplating are mainly concentrated in the field of machinery and light industry, but with the advancement of electroplating technology and the growth of demand in other industries, electroplating technology has gradually developed in industries such as electronics, micro-electromechanical systems, and steel in recent years. This has higher requirements for electroplating, and also promotes the development of the electroplating industry towards intensive and large-scale development, and promotes the continuous progress of electroplating industry technology.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Atotech Deutschland GmbH is one of the major players operating in the Metal Finishing market, holding a share of 5.58% in 2020.

Atotech Deutschland GmbH

Atotech was officially founded in 1993. It is a global leader in the highly complex world of specialty chemicals and equipment for surface-finishing solutions including printed circuit board (PCB), package substrate and semiconductor manufacturing, as well as decorative and functional surface finishing. Within the chemical sector, it has developed distinct capabilities in two core businesses: electronics and general metal finishing.

Sequa Corporation

Chromalloy, Sequa's largest business unit, provides the airline industry with a broad range of aftermarket services and ranks as the leading independent supplier of advanced repairs for jet engine parts. Chromalloy operates around the world and around the clock, providing airlines with timely, cost-effective, and proven repairs for turbine airfoils and other critical engine parts - repairs that extend the life of the parts and drive down airline maintenance costs. Chromalloy also serves the industrial and marine gas turbine market, as well as the military market.

Segmentation Overview:


By type, Metal Plating segment accounted for the largest share of market in 2021.

Metal Plating

Metal plating is a process of coating a layer of metal to an object of different type of metal.

Brushed Metal

Brushed metal is made by polishing the surface—first with a higher grit belt and then with a smoother one. The process is all done in a single direction, so that the finished surface is directional rather than haphazardly scratched.

Buff Polishing

Buff polishing is a type of polishing method used to finish the surface of stainless steel. Buff finishing also has the effect of removing burrs and scratches during processing and improve the surface smoothness.

Metal Grinding

Metal Grinding is used to finish off rough edges, deburr metal parts, smooth welds, create sharp edges and sometimes create unique finished looks like the jitterbug finish on a metal part.

Metal Vibratory Finishing

Metal Vibratory Finishing is the process of smoothing metal parts by leveraging the force of gravity. The parts that need finishing are placed into a vibratory machine’s tumbler tub. The machine then vibrates the parts, water and abrasive media to achieve the desired finish. How long the process takes depends on the number of parts, their roughness and their size. Metal Vibratory Finishing is also safe for fragile parts.

Sand Blasting

Sand Blasting is the operation of forcibly propelling a stream of abrasive material against a surface under high pressure to smooth a rough surface, roughen a smooth surface, shape a surface or remove surface contaminants.

Powder Coating

Powder coating is a finishing process in which dry, free-flowing, thermoplastic or thermoset powder material is applied to a surface, melted, and hardened into an even coating.

Hot Blackening

Hot Blackening method uses a temperature of 140.556-degrees C to produce a finish with black oxide iron magnetite or Fe3O4, and it will blacken a wide range of metals.

Application Overview:

By application, the Automotive segment occupied the biggest share from 2017 to 2022.

Automotive

Automotive Metal Finishing helps to improve the durability of the provided substrate, can optimize the corrosion and wear resistance of parts, and can also improve the appearance of automotive parts.
Automotive metal finishing jobs include parts such as dipstick fittings, small locking lug nut shroud, pipe plug, sunroof guide, motorcycle bracket, and a fuel sensor electronics holder, etc.,

Electrical & Electronics

One of the most important processes in the manufacturing of electronic parts and components is electroplating, which involves the application of a metal coating via electrodeposition. This is done for a number of reasons such as improving corrosion resistance, enhancing electrical conductivity, increasing the solderability of the substrate and protecting against wear. Plating electronics can be a difficult process due to the delicate nature of many electronic components.

Aerospace

Metal Finishing for a wide range of aerospace manufacturing applications, including Parts and components for the International Space Station, Components for NASA space shuttles, Satellite and RF array components, Radar system components, Optical devices, Guidance systems, Communications, instrumentation, and control equipment, Landing gear assemblies, Electrical hardware, Military craft such as UAVs and other mission-critical aerospace applications.
Aerospace metal finishing treatments provide Enhanced resistance to corrosion, including atmospheric corrosion, Enhanced oxidation resistance, Improved strength, Improved solderability, Better electrical conductivity, Increased high-temperature resistance and other advantages.

Construction

Common parts which need Metal Finishing in the construction industry include: Coupling, Cylinder, Cylinder Rods, Double ended piston, Hitch Pins, Hoist Cylinder, Hollow Shaft, Out rigger shaft, Piston Rods, Ram Tube, Ramshaft, Sleeve, Swivel Barrel, Valve Spool, etc.,

Key Companies in the global Metal Finishing market covered in Chapter 3:

Industrial Metal Finishing
Rockwood holdings Inc.
Mass finishing Inc.
Delstar Metal Finishing Inc.
Vanchem Performance Chemicals
Abakan Inc.
Sifco Metal Industries
Metal finishing technologies LLC
JMD industry
Joshi Metal finishing industry
Atotech Deutschland GmbH
Elementis plc
TIB Chemicals AG
Sequa Corporation
Honeywell International Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Metal Finishing market from 2018 to 2029 is primarily split into:

Metal Plating
Brushed Metal
Buff Polishing
Metal Grinding
Metal Vibratory Finishing
Sand Blasting
Powder Coating
Hot Blackening
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Metal Finishing market from 2018 to 2029 covers:

Automotive
Electrical & Electronics
Aerospace
Construction
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)