Summary
APAC Metal Finishing Market on this study has been segmented on the basis of type into inorganic , organic , and hybrid metal finishing . The inorganic metal finishing segment is further segmented into cladding , pre-treatment / surface preparation , consumables and spares , electroplating , galvanizing , electro-less plating , conversion coatings , anodizing , and electro polishing .
Description
The APAC Metal Finishing Market was valued at USD XX . XX billion in 2015 and is projected to reach USD XX . XX billion by 2020 , at a CAGR of XX . XX % during the forecast period from 2015 to 2020 . Metal finishing is used to coat products made from certain metals to enhance their life-span and to prevent them from getting corroded . It is also used to enhance electrical properties of these metals and the bonding of organic coatings . Finishing is also used to provide these metals with a better visual appearance and appeal for consumers .
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The report on this study has been segmented on the basis of type into inorganic , organic , and hybrid metal finishing . The inorganic metal finishing segment is further segmented into cladding , pretreatment / surface preparation , consumables and spares , electroplating , galvanizing , electro-less plating , conversion coatings , anodizing , and electro polishing . Among the inorganic metal finishing technologies , the electroplating processes segment dominates the market . It accounts for over XX . XX % of the market and was valued at USD XX . XX billion in 2015 . The demand for the galvanizing segment is expected to rise further , which would be steered by the growing demand for galvanized steel in various parts of the world . The electro-less plating segment is replacing the electroplating in many applications , as the former is environment-friendly and is expected to witness a considerable growth rate during the given forecast period .
The report is also segmented on the basis of application into automotive , appliances , hardware , jewellery , aerospace , heavy equipment , tires , electronics , telecommunication , and others . Similarly , the report is also segmented into major regions , China , India , Japan , South Korea , Malaysia , Singapore , Thailand , Indonesia , Australia & New Zealand and Rest of Asia-Pacific . Asia-Pacific has the largest market share accounting for 34.0 % of the global share , followed by North America and Europe . Asia-Pacific is also projected to be the fastest-growing market during the given forecast period . This growth can be attributed to the presence of developing countries in this region , which are also witnessing rapid growth in the automotive , steel , and electrical & electronics industries .
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Among all the segments in this market , the inorganic metal finishing market dominates the rest in terms of both market share and volume , with market share of USD XX . XX billion in 2015 . It is expected to witness a considerable growth rate during the forecast period , due to the increasing demand from the
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