Metal Finishing Equipment Market Driven by increasing demand 2029 | Exactitude Consultancy Reports
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The global metal finishing equipment market is projected to reach USD 21.36 billion by 2029 from USD 14.45 billion in 2020, at a CAGR of 4.91% from 2022 to 2029.
Metal finishing refers to the process of placing some type of metal coating onto a substrate to enhance corrosion protection, wear resistance, durability and add aesthetic qualities. It is used in a wide array of industries. It can increase durability, improve decorative appeal (such as aluminum anodizing), enhance electrical conductivity, create a higher electrical resistance, higher chemical resistance, and higher tarnish resistance and potential for vulcanization.
Segment Analysis
Based on type, the global metal finishing equipment market is segmented into inorganic metal finishing, organic metal finishing and mixed metal finishing.
Inorganic metal finishing is a process that changes the surface of metals without using any organic chemicals. This can be done for aesthetic reasons, to improve corrosion resistance, or to prepare the metal for further processing. Inorganic finishes can be applied to both ferrous and non-ferrous metals.
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