The rapid growth of the automotive industry across the globe in recent times has fueled the surge in the demand for metal finishing equipment. According to industry experts, there has been a considerable rise in passenger car sales and other automobiles in the developing nations such as China, India, Indonesia, and Mexico during the last few years. China observed sales of nearly 29.2 million automobiles in 2017, which made the country the world’s biggest market for motor vehicles.
Besides the flourishing automotive industry, the surging aerospace industry is also positively impacting the sales of metal finishing equipment across the world. As quality is one of the most essential requirements in aircraft production, the companies operating in this industry heavily use metal finishing processes for ensuring the quality of the aircraft parts and components. This way the aerospace industry is boosting the demand for metal finishing equipment all over the world.
In recent times, the metal finishing processes have witnessed several technological advancements and innovations, which have massively reduced the operational costs and made these processes eco-friendlier. Technologies such as laser cladding technique and hot-dip galvanization have improved the resistance of metal components to corrosion, wear and tear, and tarnish. In addition to this, the growth of the manufacturing sector in various developing countries such as India and China is further boosting the demand for metal finishing equipment.
Hence, with the growing sales of metal finishing equipment, the global metal finishing equipment market will exhibit substantial growth in the future years, as per the forecast of P&S Intelligence, a market research company based in India. These materials are used for performing metal finishing tasks for different metal parts and components. In a metal finishing process, a metal coating is applied over a metallic substrate/part. It also involves the cleaning and polishing of the surface.
This process improves the appearance, corrosion resistance, chemical resistance, hardness, and wear resistance and modifies the conductivity of the metal part or substrate. Hybrid, organic, and inorganic are the most commonly used types of metal finishing equipment. The usage of the inorganic metal finishing equipment was found to be significantly high in the past years, on account of their extensive utilization in the aerospace and automotive industries. Aerospace plating is done over aircraft components for protecting the critical aerospace components.
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On the other hand, in the automotive industry, the manufacturing companies adopt the metal finishing process for protecting the different vehicle parts and components from wear and tear and corrosion, which are mainly caused because of the regular and prolonged usage of automobiles and climatic conditions. Speaking of inorganic metal finishing equipment, galvanization, anodizing, vibratory/mass, conversion coating, electropolishing, electroplating, cladding, and electroless plating are the main materials used throughout the world.
Thus, it can be safely concluded from the above paragraphs that the sales of metal finishing equipment would skyrocket all over the world in the upcoming years, primarily because of their growing requirement in the aerospace and automotive industries.
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