end-user industries , such as automotive , electronics , and aerospace ; it also is projected to reach USD XX . XX billion at a CAGR of XX . XX % by 2020 in the forecast period .
The growth of this market is largely fuelled by increasing applications , technological advancements , and growing demand in the developing countries in the Asia Pacific region , such as China and India due to the large setup of the automotive , electronics , aerospace industries in these countries . A high demand for metal finishing also rises due to the constant need of durable metals in the metal industries , which can last long without corrosion , wear & tear , and also serves various aesthetic purposes .
While there are many drivers for this market , there a few factors that restrain the growth of this market as well . The constant push from the regulatory authorities will act instrumental in the reduction of metal-finished products to reduce their impact on the environment . Since Volatile Organic Compounds ( VOC ) used in these solvents are carcinogenic in nature , they are thereby harmful towards the environment . Additionally , chemical elements , such as chromium , cyanide , cadmium , and chlorinated solvents , are toxic to health and contaminate the environment when disposed in the water bodies around the industrial areas . Apart from this , economic cycles in any end-user industry affect the demand pattern for the metal finishing market , which may result in the high demand for metal finishing products in one industry and relatively weak demand in another industry , based on the phase of the economic cycle of that industry .
Some of the key players in the metal finishing market include
Abakan Inc ., Metal finishing Technologies LLC , Sequa Corporation , TIB Chemicals AG , Elementis plc , Vanchem Performance Chemicals , Atotech Deutschland GmbH , Honeywell International Inc ., Industrial Metal Finishing , Joshi Metal Finishing Industry , JMD Industry , Delstar Metal Finishing Inc ., Sifco Metal Industries , Mass finishing Inc ., Plating Equipment Ltd , Servi Sure Corp , L . S Industries , and Technic Inc . etc .
Key Deliverables in the Study
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Market analysis for the APAC Metal Finishing Market , with country specific assessments and competition analysis on country scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios , rising prospective opportunities , and identification of key companies that can influence this market on a country scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the APAC Metal Finishing market on both global and country scales
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