Report Highlights
The total market for equipment/spares for inorganic metal finishing was valued at $56.2 billion in 2011, is projected to reach $60.4 billion in 2013 and $84 billion in 2018, a five-year compound annual growth rate (CAGR) of 6.8% from 2013-2018.
Report Includes
- An overview of global and regional markets for various types of inorganic metal finishing technologies and related products, with the reasons given for variations in the growth of the industry in certain regions
- Analyses of global market trends, with data from 2011, estimates for 2012 and 2013, and projections of compound annual growth rates (CAGRs) through 2018
- Discussion of new developments taking place in the metal finishing industry with respect to continuous improvements in environmental performance
- Evaluations of various applications of inorganic metal finishing coatings and the markets for such applications, with special emphasis on the new products being developed and markets for such products
- Examination of expectations in diverse areas such as performance, ease of application, sustainability, quality, functionality, and environmental properties
- Comprehensive company profiles of major players in the industry
Report Scope
The report has been prepared in a simple format, which can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of inorganic metal finishing technologies and related products, with the reasons given for variations in the growth of the industry in certain regions.
Analyst Credentials
The analyst is a mechanical engineer with more than forty years experience in designing factory layouts and setting up factories. He has setup factories for production of weighing machines and dynamic balancing machines in India and has experience in designing, production, and servicing of the above equipment. He was Senior Vice President in M/S Schenck Avery Limited, an Indo-German joint venture and has set up paint shops, electroplating shops and heavy fabrication shops for fabricating and finishing of various structures of weighing and dynamic balancing equipment.
Report Highlights
- The global market for inorganic metal finishing technologies was worth $42.3 billion in 2007. This is expected to reach $44.4 billion by the end of 2008 and $61.1 billion in 2013, for a compound annual growth rate (CAGR) of 6.6%.
- Inorganic metal finishing processes have the largest share of the market and generated $29.0 billion in 2007. This is expected to reach $30.1 billion in 2008 and $39.7 billion in 2013, for a CAGR of 5.7%.
- Surface preparation/pretreatment has the second largest market share, worth $9.3 billion in 2007. This is expected to reach $9.8 billion in 2008 and grow at a CAGR of 7.7% to reach $14.2 billion in 2013.
Report Highlights
-
The global IMFT market is estimated to reach about $21.1 billion in 2005 and is expected to rise at an average annual growth rate (AAGR) of 7.4%, to more than $30 billion in 2010.
-
The market for electroplating currently is the largest (nearly 46% of the total IMFT market), and will continue to retain this position util 2010, although its growth rate will be the lowest.
-
Galvanizing, anodizing, electroless plating and electropolishing are expected to feature stronger growth. Currently, these technologies together constitute about 40% of the total market.
-
IMFT applications for computers and communications, and the electronics and electrical appliances industries, will witness the highest growth.
Related Reports
Physical Vapor Deposition (PVD): Global Markets
The global market for the PVD (physical vapor deposition) industry was $9.2 billion in 2010 and $9.9 billion in 2011. BCC projects this market to reach nearly $15 billion by 2016 at a compound annual growth rate (CAGR) of 8.5% between 2011 and 2016.
Ultrasonics: Technologies and Global Markets
The global market for ultrasonic equipment in 2010 was nearly $16.4 billion and is estimated at $17.5 in 2011 and $27.7 billion in 2016. The compound annual growth rate (CAGR) for the 5-year period from 2011 to 2016 will be 9.6%.
Recent Reports
Water Heater: Global Markets
The global market for water heaters is estimated to increase from $23.7 billion in 2023 to reach $32.1 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 through 2029.
Global Markets for 3D Printing
The global market for 3D printing is expected to grow from $18.0 billion in 2024 and is projected to reach $29.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% during the forecast period of 2024 to 2029.
Global Flame and Smoke Detectors Markets
The global market for flame and smoke detectors is estimated to increase from $6.3 billion in 2023 to reach $9.0 billion by 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 through 2029.
Semiconductor Machinery Manufacturing: Global Markets
The global market for semiconductor machinery manufacturing is expected to grow from $121.5 billion in 2024 and is projected to reach $223.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period of 2024 to 2029.
Nondestructive Testing Equipment and Services: Ultrasonic, Radiographic, Eddy Current and Others
The global market for NDT equipment and services is estimated to increase from $31.3 billion in 2023 to reach $50.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.1% from 2023 through 2028.
Top Trending Reports
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Global Oncology Pharmaceuticals Market
The global market for oncology pharmaceuticals is estimated to increase from $196.4 billion in 2023 to reach $401.4 billion by 2029, at a compound annual growth rate (CAGR) of 12.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More