Electroplating Application Fosters the Global Inorganic Metal Finishing Market

Transparency Market

Research

Inorganic Metal Finishing Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2014 2020

Published Date

06-01-2015

91 Page Report

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Press Release

Automotive Applications Gain Dominant Market Share in Asia

Pacific, Inorganic Metal Finishing Market to Register 6.20%

CAGR by 2020

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Inorganic Metal Finishing Market

REPORT DESCRIPTION

A new Transparency Market Research report states that the global inorganic metal finishing market stood

at US$54.7 bn in 2013 and is predicted to reach US$83.3 bn by 2020. The market will expand at a 6.20%

CAGR between 2014 and 2020. The title of the report is “Inorganic Metal Finishing Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”

As per the report, factors such as rapid development of the steel and automotive industries, resulting in an

increased demand for inorganic metal finished components, is fuelling the inorganic metal finishing

market. In addition, rise in industrial activities within the aerospace sector and heavy industries is also

amongst the major factors stimulating the inorganic metal finishing market. On the other hand, factors

such as stringent regulations imposed by the EPA and REACH on chromium emissions during a number of

metal finishing processes including electroplating are predicted to be a key challenge for the market

players, hence imposing a negative effect on the growth of the market.

On the basis of technology, the market is segmented into cladding, anodizing, conversion coatings,

electroplating, galvanizing, and others including electro polishing, etc. Amongst these, electroplating is

majorly utilized for depositing metal finishing on automotive components. The electroplating...