Research Nester has released a report titled “North America Metal Polishing Market: Demand Analysis and Opportunity Outlook 2027” which includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk. The report also covers growth opportunities and overall demand for the metal polishing, market trends, the giant players in the industry and the strategies used by them to stay ahead of their competitors.
Polishing process is of great significance to various end-use industries including automotive, electronics, aerospace, medical, and construction. Product innovations pertaining to metal polishing have contributed to the growth of overall North America metal polishing market. Manufacturers are using advanced technologies in order to improve the overall property and sustainability of the finished products wherein the metal polishing is used. Some of these key technologies which are being extensively used by the manufacturers include electrochemical polishing, energy beam polishing, and dry electropolishing. The North America metal polishing market held a market value of USD 13,251.0 million in 2019 and is estimated to grow at a CAGR of around 9%, over the forecast period, i.e., 2021-2027.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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The North America metal polishing market is segmented by finishing type into metal plating, anodizing, passivation, powder coat, and others. Among these segments, the metal plating is the largest finishing-type segment in the market which held a market share of 35.4% in 2019. It is used to build the surface thickness and provide several benefits to the products made from metals. Tin, copper, zinc, and nickel are among the most commonly used metals for metal plating.
Demand for Wear-Resistant Metal Products from End Use Industries to Boost the Market Growth
The demand for metal polishing in various end use industries including aerospace, electronics, medical, and others, is anticipated to increase as polishing prevents the products from corrosion and oxidation, thereby making it more durable. Moreover, continuous research and development activities in the field of product chemistry have led to the increased adoption of innovative polishing materials.
However, availability of substitute for metal such as high-performance polymers for various end-use industries is anticipated to act as barrier to the growth of the North America metal polishing market during the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the North America metal polishing market, which includes company profiling of Ferro Corporation (NYSE: FOE), Honeywell International Inc. (NYSE: HON), Ultra Polishing Inc., American Plating Company, Praxair S.T. Technology Inc., Universal Photonics, Micro Abrasives Corporation, Four Star Group of Companies Inc. (Four Star Metal Finishing Inc.), and others.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “North America Metal Polishing Market –Demand Analysis & Opportunity Outlook 2027”, analyses the overall metal polishing industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the North America metal polishing market in the near future
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