Market Size of Composite Metal Finishing Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Composite Metal Finishing Market Analysis
The composite metal finishing market is estimated to witness a significant growth, at an estimated CAGR of over 7%, over the forecast period. Growing popularity of electroless nickel composite coatings and substitution of chrome (VI) plating in specific applications are expected to drive the market 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.
