Composite Metal Finishing, is mixture of inorganic and organic metal finishing techniques. The prime advantage of this metal finishing technique is that it enhances the functional properties such as corrosion resistance, wear resistance, and tensile strength.
The Global Composite Metal Finishing Market was valued at USD 1.5 billion in 2015, and is estimated to reach USD 2.16 billion by 2020, growing at a CAGR of 7.54%. We expect, Asia-Pacific will hold major share in the market followed by North America and Europe.
This type of coating is applied by spraying the mixture over base metal.
In terms of technology, electroless plating dominated the market in 2015, as it helps in saving electricity, ensures flexibility in plating thickness, and aids in coating blind holes. In terms of fillers used in the metal finishing process, boron nitride and PTFE dominated the market in terms of volume.
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The growing popularity of the electroless nickel composite coating is one of the major driver boosting the growth of the market. The technique offers various advantages such as cost and energy savings, automatic monitoring of chemical replenishment, semi-bright, matte, and bright finishing can be attained, and aids in plating blind holes with stable thickness.
In terms of geography, Asia-Pacific dominated the market in 2015, followed by North America. Some of the major players dominating the market are namely, Abakan Inc., Honeywell International Inc., Surface Technology, and Micro Plating Inc.
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What the Report Contains
The report elucidates the situation of Composite Metal Finishing around the world and studies the markets of the filler used, which include Diamond, Boron Nitride, PTFE, and Silicon Carbide. Additionally, the market also studies the types of process, which include electroplating and electroless plating.
Lastly, the report is divided by geography - North America, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 5 years.
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Table of Contents
1.1 Research Methodology
1.2 Executive Summary
- Composite Metal Finishing Market
2.2 Industry Value Chain Analysis
2.3 Industry Attractiveness - Porter's 5 Force Analysis
2.3.1 Bargaining Power of Suppliers
2.3.2 Bargaining Power of Consumers
2.3.3 Threat of New Entrants
2.3.4 Threat of Substitute Products and Services
2.3.5 Degree of Competition
- Market Dynamics
3.1.1 Growing Popularity of Electroless Nickel Composite Coatings
3.1.2 Substitution of Chrome (VI) Plating in Specific Application
3.1.3 Increasing Environmental Concerns
3.2.1 Increasing Replacement of Metals by Plastics
3.2.2 Premium Costing
3.3.1 Innovative Applications and Products
- Market Analysis
4.1 By Process
4.1.2 Electroless Composite Plating
4.2 By Filler Used
4.2.2 Boron Nitride
4.2.3 Silicon Carbide
- Regional Market Analysis (Market size, growth and forecast)
5.1 North America
5.2.2 United Kingdom
5.2.5 Rest of Europe
5.3.4 South Korea
5.3.5 Rest of Asia-Pacific
5.4 South America
5.4.3 Rest of South America
5.5 Middle-East & Africa
- Competitive Landscape
6.1 Joint Ventures, Collaborations and Agreements
6.2 Strategies Adopted by Leading Players
6.3 New Product Launches
6.4 Biggest Companies by Revenue
- Company Profiles
7.1 Abakan Inc.
7.2 Atotech Deutschland GmbH
7.3 Honeywell International Inc.
7.4 Endura Coatings
7.5 Classic Plating Inc.
7.6 Surface Technology Inc.
7.7 Electromold Australia
7.8 Enthone Inc.
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