METAL ANODIZING MARKET ANALYSIS

Metal Anodizing Market, By Process (Sulfuric Acid Anodizing, Hard Anodizing, and Chromic Acid Anodizing), By Product Form (Anodized Aluminum, Anodized Magnesium, Anodized Titanium, Anodized Zinc, and Others), By Application (Building & Construction, Aerospace & Defense, Automotive, Electronic Appliances, Energy, Biomedical, Marine, Jewelry, Heavy Equipment, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Dec 2022
Code : CMI4814
Pages :120
Formats :
Excel and PDF
Industry : Advanced Materials

Market Challenges And Opportunities

Drivers

Advantages of anodizing have been driving the target market growth. Metal anodizing is an electrochemical process that converts metal surfaces into a durable corrosion-resistant product and increase the natural oxide layer. Some of the major benefits offered by anodizing a metal include corrosion resistant, erosion resistant, abrasion resistant, and can be used for dyeing, increased adhesion. Due to these benefits offered over conventional metal, anodized metals are expected to increase in demand during the forecast period.

Moreover, with the emergence of industrial 4.0 technologies such as industrial robots, IoT, etc., various industries have witnessed substantial increase in productivity and efficiency. Advantages offered by Industrial 4.0 include increased productivity, improved efficiency, collaborative working, enhanced flexibility and agility, and reduces costs. This is expected to be a prominent opportunity for manufacturers to focus on. For instance, Galvatek, a Finland-based company, focused on plant automation, offered its services to some of the leading giants such as ABB, Rolls-Royce, and Ericsson.

Market Restraints

Unfavourable geographic and political conditions could impact overall sales revenue of global metal anodizing market growth. These factors therefore hinder the market growth of metal anodizing.

Restraints & Challenges: