ISMR November 2022 | Page 7

GENERAL NEWS

Sheet-metal success at EuroBLECH

A wealth of new product , technology
countries on a net exhibition space of 86,136
and software launches characterised the
square metres . A euphoric atmosphere and full
EuroBLECH exhibition in Hanover , Germany ,
order books were the results of a successful
from 25-28 October 2022 . The event covered
comeback of the show ,” said Mack-Brooks
the entire sheet-metalworking technology
Exhibitions , the show organiser .
chain , presenting 15 technology sectors across
ISMR was an international media partner
nine halls . Visitors witnessed an explosion
at EuroBLECH and the October issue of the
of new systems and technology launches at
magazine was distributed at EuroBLECH ’ s
the show , as well as a variety of machine ,
entrances . ISMR ’ s team was also at the show ,
technology and digital process demonstrations
including on its stand in Hall 14 , to meet the
during the event .
industry and gauge its views .
“ A total of 38,076 trade visitors ( FKM-
To read our full show report , see page 20 of
audited ) from around the world came to
this issue . You can also read various interviews
Hanover to shape the future of sheetmetalworking
with manufacturers from the EuroBLECH
and defy current challenges . This
exhibition in Hanover throughout this issue
year ’ s show hosted 1,300 companies from 39
of ISMR . n

Industry 4.0 transformation

The automotive sector is the biggest spender on digital transformation , according to a new White Paper from ABI Research . Entitled “ Four Key Industries Embracing Industry-4.0 ”, the report forecasts that this sector ’ s spend on Industry 4.0 technologies will approach US $ 100 billion in 2022 and grow to over US $ 238 billion in 2030 . The main reason for this is that OEMs and their suppliers need to adjust for the move away from the internal combustion engine to electric powertrains .
“ The automotive industry is not alone in its digital transformation acceleration ,” said Ryan Martin , Industrial and Manufacturing Markets Research Director , ABI Research . “ Industry 4.0 – also known as smart manufacturing , connected manufacturing , the Industrial Internet of Things and other monikers – has revolutionised the way that companies manufacture , enhance and distribute products using new technologies .” n
www
. abiresearch . com

Global architectural metal coatings market

The architectural metal coatings market is projected to grow from US $ 5.1 billion in 2022 to US $ 6.4 billion by 2027 , at a CAGR of 4.6 % between 2022 and 2027 . This is according to a new report “ Architectural Metal Coatings Market by Resin Type ( Polyester , Fluoropolymer ), Coil Coating Application ( Roofing & Cladding , Wall Panels & Facades ), Extrusion Coating Application ( Curtain Walls , Store Front ) and Region - Global Forecast to 2027 ” on ResearchAndMarkets . com
“ Factors such as globalisation ; urbanisation ; the rising standard of living ; increasing purchase power parity ( PPP ); infrastructural development and the increasing requirement to construct megacities in developing countries are positively influencing the demand for architectural metal coatings . Polyester is estimated to be the largest resin-type segment of the architectural metal coatings market ,” said the report .
Polyester architectural metal coatings have uniform properties ( such as good bendability , hardness , gloss effects and resistance to UV , chemicals , scratching and light ). Industrial buildings , cladding sheets and roofing tiles are common applications for these architectural metal coatings . They are sunlight-resistant and have structural integrity as well as being commonly used in applications in the engineering industry .
“ The Asia Pacific is the largest architectural metal coatings market globally . It has emerged as the world ’ s leading consumer , as well as producer , of architectural metal coatings owing to increasing demand from the domestic market , growing income levels and easy access to resources ,” said the report .
“ China has the largest share in the architectural metal coatings market in Asia Pacific owing to large numbers of industries and increased demand for excellent coating properties in the country . Despite challenges in the economy , the construction industry in Asia Pacific recorded significant growth in 2021 . The demand for residential construction remained strong in large economies such as China and India ,” it added .
The report lists opportunities , such as global players shifting production bases to emerging
Coated metal sheet for buildings . Image courtesy of Shutterstock . com .
economies and the increasing demand for fluoropolymer coatings for architectural applications . Challenges include the rising cost of raw materials . n
READ
REPORT
ISMR November 2022 | ismr . net | 7