Governmental Fiscal Policies Driving the Market
South American countries, such as Argentina and Brazil, have been witnessing a recovering economy, owing to government fiscal policies, such as tax reforms, pension plans, etc. These fiscal policies have lowered the governments’ public expenditure and made the countries open to foreign investments, for different end-user industries. These growing end-user industries are driving the studied market.
Inorganic Metal Finishing the Largest Segment by Type
By type, the market has been segmented into inorganic, organic, and hybrid metal finishing. Inorganic metal finishing is the most widely used and has been further segmented into cladding, pre-treatment/surface preparation, consumables and spares, electroplating, galvanizing, electro-less plating, conversion coatings, anodizing, and electro polishing. Among the inorganic metal finishing technologies, the electroplating process segment dominates the market, with roughly 23% share and is expected to register healthy growth. The demand for the galvanizing segment is expected to increase further, which would be steered by the growing demand for galvanized steel in various parts of the world. The electro-less plating segment is replacing electroplating in several applications, as the former is environment-friendly and expected to witness a considerable growth rate during the forecast period.
End-user Industries Driving the Brazilian Market
Brazil has the largest share and accounts for more than 50% of the South American metal finishing equipment market. Brazil is also expected to be the fastest growing segment during the forecast period. This growth can be attributed to the stabilizing economy in this region, owing to effective government expenditure, which leads to a rapid growth in end-user industries, such as automotive, steel, and electrical & electronics industries.
Major Players: Abakan Inc., Atotech Deutschland Gmbh, Delstar Metal Finishing Inc., Elementis Plc, Honeywell International Inc., Industrial Metal Finishing, Jmd Industry, Joshi Metal Finishing Industry, LS Industries, Mass Finishing Inc., Metal Finishing Technologies Llc, Plating Equipment Ltd., Sequa Corporation, Servi-Sure Corp, SIFCO Metal Industries, Technic Inc., Tib Chemicals Ag, and Vanchem Performance Chemicals, among others.
Reason to purchase this Report
- To understand the impact of end-user industries on the market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- The product type and application that are expected to dominate the market.
- The country expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support along with the Market Estimate sheet (in excel).
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1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Raw Material Analysis
4. Market Dynamics
4.1.1 Supporting Governmental Fiscal Policies in Countries Like Argentina and Brazil
4.1.2 Need for Durable, Wear Resistant, and Long Lasting Metal Products
4.1.3 Other Drivers
4.2.1 Restriction of Use from Environmental and Chemical Agencies
4.2.2 Other Restraints
4.3.1 Stabilizing Economies in Countries like Columbia and Peru
4.3.2 Other Opportunities
5. Market Segmentation and Analysis - (Market Size, Growth, and Forecast)
5.1 By Type
5.1.1 Inorganic Metal Finishing
220.127.116.11 Consumables and Spar
18.104.22.168 Electro-less Plating
22.214.171.124 Conversion Coatings
126.96.36.199 Electro Polishing
5.1.2 Organic Metal Finishing
5.1.3 Hybrid Metal Finishing
5.2 By Application
5.2.6 Heavy Equipment
5.2.10 Other Applications
6. Country Market Analysis (Market Size, Growth, and Forecast)
6.1 South America
6.1.7 Rest of South America
7. Outlook of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
9.1 Abakan Inc.
9.2 Metal Finishing Technologies LLC
9.3 Sequa Corporation
9.4 TIB Chemicals AG
9.5 Elementis PLC
9.7 Vanchem Performance Chemicals
9.8 Atotech Deutschland GmbH
9.9 Honeywell International Inc.
9.10 Industrial Metal Finishing
9.11 Joshi Metal finishing industry
9.12 JMD industry
9.13 Delstar Metal Finishing Inc.
9.14 Sifco Metal Industries
9.15 Mass finishing Inc.
9.16 Plating Equipment Ltd
9.17 Mac Dermid Industrial Solutions
9.18 Servi Sure Corp.
9.19 LS industries
9.20 Technic Inc.
9.21 PPG Industries
9.22 Dow Chemical
9.23 McGean Rohco Inc.
*(List not exhaustive)
**Subject to availability on Public Domain
- Abakan Inc.
- Metal Finishing Technologies LLC
- Sequa Corporation
- TIB Chemicals AG
- Elementis PLC
- Vanchem Performance Chemicals
- Atotech Deutschland GmbH
- Honeywell International Inc.
- Industrial Metal Finishing
- Joshi Metal finishing industry
- JMD industry
- Delstar Metal Finishing Inc.
- Sifco Metal Industries
- Mass finishing Inc.
- Plating Equipment Ltd
- Mac Dermid Industrial Solutions
- Servi Sure Corp.
- LS industries
- Technic Inc.
- PPG Industries
- Dow Chemical
- McGean Rohco Inc.