Composite Metal Finishing Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Growth Rate | 7.00% CAGR |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Composite Metal Finishing Market Analysis by Mordor Intelligence
The Composite Metal Finishing Market is expected to register a CAGR of greater than 7% during the forecast period.
- Increasing replacement of metal by plastics and premium costing of products are likely to hinder the market's growth.
- Development of trivalent chromium hard chrome plating process is likely to create opportunities for the market growth in the coming years.
- Asia-Pacific region is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
Global Composite Metal Finishing Market Trends and Insights
Automotive Segment to Dominate the Market
- Among applications, the automotive industry dominated the demand for composite metal finishes. Composite Metal finishing is one of the prominent methods used to provide a protective layer on the metal components of vehicles.
- Composite Metal finishing is used in various vehicle parts, such as engines, other under-the-hood components, power steering systems, brake parts and systems, air conditioning components and systems, chassis hardware, climate control components, and fuel systems.
- Composite Metal finishing also includes the application of paints or ceramics. Numerous small and large parts of the automobile require their contact surfaces to be smooth, stress relieved, and without burrs or defects. This enables the automotive engines to achieve a surface with less friction and heat, leading to the generation of more horsepower and overall better performance.
- The market, however, has the potential for growth in the long term with the emergence of more technologically developed cars. If such a thing happens, the market for composite metal finishing will benefit from it.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region dominated the market. The increasing investments and production in the automotive industry, rising electrical and electronics production, and surging demand for heavy equipment, with multinational companies investing in the industrial sector, are some of the major factors driving the demand for metal finishing in the region.
- China is the largest manufacturer of automobiles in the world. The automotive sector in China has been shaping up for product evolution, with the country focusing on manufacturing products, to ensure fuel economy and minimize emissions, owing to the increasing environmental concerns due to mounting pollution in the country.
- The Chinese aircraft industry depicted significant growth over the years. According to Boeing, China is estimated to require around 7,600 new commercial aircraft, valued at USD 1.2 trillion, over the next two decades.
- Foreign investment in China has also been extended into the aviation sector, which is projected to register a CAGR of 6%, owing to China's geographical location, which provides easy access to the industrial goods markets in the neighboring countries, as well as, other countries globally, making it a major access point for manufacturers and suppliers.
- With the rising growing demand from various end-user industries in the region, the market for composite metal finishing is expected to grow during the forecast period.
Competitive Landscape
The composite metal finishing market is partially consolidated in nature. Key players in the market include UYEMURA, DuPont, Incertec, and ENDURA COATINGS, among others.
Composite Metal Finishing Industry Leaders
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UYEMURA
-
DuPont
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ENDURA COATINGS
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Incertec
- *Disclaimer: Major Players sorted in no particular order
Global Composite Metal Finishing Market Report Scope
The composite metal finishing market report includes:
| Electroplating |
| Electroless Composite Plating |
| Diamond |
| Boron Nitride |
| Silicon Carbide |
| Polytetrafluoroethylene (PTFE) |
| Others |
| Automotive |
| Electronics |
| Aerospace |
| Oil and Gas |
| Heavy Equipment |
| Other End-user Industries |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle-East and Africa | Saudi Arabia |
| South Africa | |
| Rest of Middle-East and Africa |
| Process | Electroplating | |
| Electroless Composite Plating | ||
| Filler Used | Diamond | |
| Boron Nitride | ||
| Silicon Carbide | ||
| Polytetrafluoroethylene (PTFE) | ||
| Others | ||
| End-user Industry | Automotive | |
| Electronics | ||
| Aerospace | ||
| Oil and Gas | ||
| Heavy Equipment | ||
| Other End-user Industries | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle-East and Africa | Saudi Arabia | |
| South Africa | ||
| Rest of Middle-East and Africa | ||
Key Questions Answered in the Report
What is the current Composite Metal Finishing Market size?
The Composite Metal Finishing Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)
Who are the key players in Composite Metal Finishing Market?
UYEMURA, DuPont, ENDURA COATINGS and Incertec are the major companies operating in the Composite Metal Finishing Market.
Which is the fastest growing region in Composite Metal Finishing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Composite Metal Finishing Market?
In 2025, the Asia Pacific accounts for the largest market share in Composite Metal Finishing Market.
What years does this Composite Metal Finishing Market cover?
The report covers the Composite Metal Finishing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Composite Metal Finishing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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