Metal and Mineral Coverage

Hot Isostatic Pressing (HIP) Services Market Definition

Hot isostatic pressing (HIP) services refers to a materials processing technique that involves using high temperature and pressure to densify or consolidate materials. The process helps eliminate porosity, improve mechanical properties and achieve a more uniform and dense material structure. The HIP services market consists of sales, by entities (organizations, sole traders and partnerships), of HIP services that are used to improve the properties of materials, particularly metals and alloys. HIP involves the simultaneous application of high temperature and high pressure to a component in a gas medium (usually argon).

Sanitary Ware Market Definition

Sanitary ware refers to general sanitary installations, designed for use in bathrooms and washrooms. Sanitary ware is essential for maintaining hygiene standards in both residential and commercial settings. It is used across the globe in homes, offices, hotels, and public buildings, illustrating its universal demand. The sanitary ware market consists of sales, by entities (organizations, sole traders, or partnerships), of sanitary ware products that include bathroom fixtures, designed to be both stylish and durable. The manufacturing of sanitary ware employs different technologies and each technology offers unique benefits in terms of product quality, design flexibility and production efficiency. Sanitary goods are resistant to chemicals and can sustain loads of up to 400 kg. These wares are heated to temperatures above 1200 degrees Celsius, to obtain the required level of hygienic performance for usage in both residential and commercial settings.

Electroplating Market Definition And Segments

Electroplating refers to a process used to coat a conductive surface with a thin layer of metal through the application of an electric current. It is commonly employed to enhance the appearance, corrosion resistance, or conductivity of the substrate material. The main types of electroplating are copper, tin, nickel, zInc., chromium, gold, silver, platinum, and others. Copper electroplating refers to the process of depositing a layer of copper onto a conductive surface through the use of an electric current and is used to enhance conductivity, prevent corrosion, and provide a decorative finish in various industries, including electronics and jewelry manufacturing. The application category includes corrosion resistance, wear resistance, appearance, solderability, and others for end uses such as automotive, electronics, aerospace, jewelry, industrial machinery, and others. The electroplating market covered in this report is segmented – 1) By Type: Copper, Tin, Nickel, ZInc., Chromium, Gold, Silver, Platinum, Other Types 2) By Application: Corrosion Resistance, Wear Resistance, Appearance, Solderability, Other Applications 3) By End Use: Automotive, Electronics, Aerospace, Jewelry, Industrial Machinery, Other End Uses The electroplating market size has grown steadily in recent years. It will grow from $14.06 billion in 2023 to $14.70 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to adoption of electroplating for improving surface finish, shift towards automation and digitization, adoption of electroplating for decorative applications, outsourcing electroplating services to specialized firms. The electroplating market size is expected to see steady growth in the next few years. It will grow to $16.89 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to emerging applications of electroplating in renewable energy systems, demand for wear-resistant coatings in machinery, adoption of electroplating for corrosion protection, usage of electroplated components in the jewelry industry, use of eco-friendly electroplating techniques. Major trends in the forecast period include technological advances, plastic coatings, integration of automation and robotics, innovation in surface finishing techniques, focus on corrosion-resistant coatings.

Consumer Electronics Demand Propels Electroplating Market Expansion

The growing demand for consumer electronics products is expected to propel the growth of the electroplating market going forward. Consumer electronics refers to electronic devices intended for everyday use by individuals, encompassing products such as TVs, smartphones, and personal computers. Rising disposable incomes and a growing emphasis on connectivity and convenience drive the increasing demand for consumer electronics products. Consumer electronics utilize electroplating to enhance the durability and conductivity of components, such as connectors and circuitry, by depositing a thin layer of metal. For instance, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, total consumer electronics production in Japan reached $213.39 million (¥32,099 million) in May 2023, compared to $155.79 million (¥23,425 million) in January 2023. Therefore, the growing demand for consumer electronics products is driving the growth of the electroplating market. Major companies operating in the electroplating market are Atotech Deutschland GmbH, Peninsula Metal Finishing Inc., Coventya Inc., Pioneer Metal Finishing LLC, Allied Finishing Inc., Erie Plating Company, Heimerle + Meule GmbH, Roy Metal Finishing, Metalor Technologies International SA, SIFCO Applied Surface Concepts, Epner Technology Inc., J & N Metal Products LLC, Columbia Chemical, Bronson Plating Company, Tawas Plating Company, Sharrets Plating Co Inc., Klein Plating Works Inc., ENS Technology Ltd., Gold Touch Inc., Precision Plating Company Inc., MacDermid Enthone Industrial Solutions (Element Solutions Inc), ECO Finishing Company, Electro-Spec Inc., Bajaj Electroplaters Pvt. Ltd., Kuntz Electroplating Inc.

Advancements In Electroplating Technology With Dripless Innovation For Efficiency And Sustainability

Major companies operating in the electroplating market are focused on developing technological advancements, such as dripless technology, to improve efficiency and reduce environmental impact in metal coating processes. It minimizes chemical waste, enhances precision, and improves resource efficiency by preventing excess solution dripping during the coating process. For instance, in June 2022, SIFCO ASC, a US-based provider of selective electroplating, launched the Advanced Solution Control System (ASCS), a new portable all-in-one plating system featuring dripless technology. This system allows all chemical solutions to flow and vacuum through SMART tools before being recycled, creating a cleaner and safer working environment. It is portable, enhancing productivity and reducing ergonomic risks for operators. It also focuses on automation to optimize cycle times, increase repeatability, and minimize human errors.

Valence Surface Technologies LLC Expands Offerings With H&W Global Industries Acquisition

In October 2021, Valence Surface Technologies LLC, a US-based aerospace metal finishing company, acquired H&W Global Industries, Inc. for an undisclosed amount. Through this acquisition, Valence is actively implementing its customer-centric approach to enhance the aerospace and defense supply chains. H&W Global Industries Inc. is a US-based provider of high-quality metal finishing, electroplating, and industrial coating services. Asia-Pacific was the largest region in the electroplating market in 2023. The regions covered in the electroplating market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electroplating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The electroplating market consists of sales of metal finishing chemicals, plating additives and brighteners, and plating metals and alloys. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electroplating research report is one of a series of new reports from The Business Research Company that provides electroplating market statistics, including the electroplating industry's global market size, regional shares, competitors with an electroplating market share, detailed electroplating market segments, market trends and opportunities, and any further data you may need to thrive in the electroplating industry. This electroplating market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Metal Fabrication Market Definition And Segments

Metal fabrication refers to the process of transforming raw metal materials into finished products through various techniques such as cutting, shaping, bending, welding, and assembling. This can involve a wide range of metals, including steel, aluminum, copper, and others. The final products of metal fabrication can range from simple components, such as brackets or frames, to complex structures The main types of metal fabrication are cutting, machining, welding, bending, and others.  Metal cutting is a fundamental process in metal fabrication that involves separating a metal workpiece into smaller pieces. It includes various materials, such as steel, aluminum, and others, and the end-use industries are manufacturing, power and utilities, construction, oil and gas, and others. The metal fabrication market covered in this report is segmented – 1) By Type: Cutting, Machining, Welding, Bending, Other Types 2) By Material Type: Steel, Aluminum, Others Material Type 3) By End-Use Industry: Manufacturing, Power And Utilities, Construction, Oil And Gas, Other End-user Industries The metal fabrication market size has grown strongly in recent years. It will grow from $20.5 billion in 2023 to $21.7 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to agricultural machinery manufacturing requirements, renewable energy sector growth, increasing urbanization, growth in marine and shipbuilding sectors, demand for metal furniture and fixtures. The metal fabrication market size is expected to see steady growth in the next few years. It will grow to $25.99 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to increasing demand from automotive industry, demand for metal signage and advertising materials, replacement demand for aging infrastructure, replacement demand for aging infrastructure, demand for metal enclosures in electronics industry. Major trends in the forecast period include integration of internet of things (IoT) in fabrication processes, expansion of manufacturing industries, technological innovation in metal alloys, infrastructure development, construction sector expansion.

Role Of The Construction Industry in Driving Metal Fabrication Market Growth

The increasing construction industry is expected to drive the growth of the metal fabrication market forward. The construction industry refers to a wide range of activities related to the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. Metal fabrication is used in the construction industry to provide essential structural, aesthetic elements for buildings due to its versatility, and customization options. For instance, in September 2023, according to reports shared by the United States Census Bureau, a US-based government agency, the overall value of residential and non-residential construction in the US increased by over 8% between 2020 and 2021. Furthermore, in September 2021, according to reports published by Oxford Economics, a UK-based economic information services company, global construction output in 2020 stood at US$10.7 trillion. It is projected to experience substantial growth of approximately 42%, adding US$4.5 trillion and reaching a total of US$15.2 trillion by the year 2030. Therefore, the increasing construction industry is expected to propel the growth of the metal fabrication market. Major companies operating in the metal fabrication market are Interplex Holdings Pte. Ltd., Kaman Corporation, Mayville Engineering Comp. Inc., O’Neal Manufacturing Services, BTD Manufacturing Inc., Ironform Corporation, Kapco Metal Stamping, Standard Iron & Wire Works Inc., CGI Automated Manufacturing, Hartwell Manufacturing, Matcor-Matsu Group Inc., Komaspec, Adey Steel Ltd., Richlind Metal Fabricators, Watson Engineering Inc., LancerFab Tech Pvt. Ltd., PMS Fabrications Ltd., Gray Fabrication Ltd., Mudersbach GmbH & Co. KG, Lycett Fabrications Ltd., London Steel Fabrication Ltd., M J Ellis Manufacturing, Helander Metal, Schaumburg Specialties LLC, Ark Alloy LLC

Advancement With The Introduction Of Digital Sheet Metal Forming Technology

Major companies operating in the metal fabrication industry are concentrating on innovative advancements such as digital sheet metal forming technology to stay competitive and meet evolving market demands. This digital sheet metal forming technology process allows for the direct shaping of standard sheet metal on demand from a digital design file without the need for traditional stamping presses, custom tools, molds, or dies. For instance, in September 2022, Desktop Metal, a US-based manufacturing company, introduced the Figur G15, a new digital sheet metal forming technology. It is the first commercially available machine tool platform to shape sheet metal on demand without custom tooling. The Figur G15 uses patent-pending digital sheet forming (DSF) technology, which involves a software-driven ceramic toolhead on an XY gantry that forms sheet metal with up to 2,000 lbs of force. The Figur G15 are cost-effective, flexible, and agile solution for digital sheet metal forming.

Vulcan Industries plc Expands Fabrication Capabilities Through Acquisition Of Aptec Ltd.

In March 2022, Vulcan Industries plc, a UK-based industrial services company, acquired Aptec Ltd. for $2.06 million (£1.55 million). With this acquisition, Vulcan Industries plc aims to enhance its growth potential and create a large industrial conglomerate in the coming years. This acquisition aligns with Vulcan's long-term strategy to identify and integrate businesses that exhibit strong growth potential, generate significant synergies, and foster further growth. Aptec Ltd. is a UK-based sheet metal fabrication company specializing in metal forming, bending, and laser cutting. Asia-Pacific was the largest region in the metal fabrication market in 2023. The regions covered in the metal fabrication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the metal fabrication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The metal fabrication market consists of revenues earned by entities by providing services such as designing and engineering, forming and shaping, welding, and quality control. The market value includes the value of related goods sold by the service provider or included within the service offering. The metal fabrication market also includes sales of structural components, sheet metal parts, machine parts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The metal fabrication market research report is one of a series of new reports from The Business Research Company that provides metal fabrication market statistics, including metal fabrication industry global market size, regional shares, competitors with a metal fabrication market share, detailed metal fabrication market segments, market trends and opportunities, and any further data you may need to thrive in the metal fabrication industry. This metal fabrication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Bulletproof Glass Market Definition

Bulletproof glass, also known as ballistic glass or bullet-resistant glass, is a type of glass designed to withstand gunfire and provide protection against projectiles. The specific requirements for bulletproof glass depend on the intended application and the level of threat anticipated. The bulletproof glass market consists of sales, by entities (organizations, sole traders and partnerships), of bulletproof glass that refers to strong and optically transparent material designed to resist the penetration of bullets. The glass is made from a combination of two or more types of glass, one hard and one soft, which makes the glass more elastic and able to flex instead of shatter.

Forged And Stamped Goods Market Definition

Forged and stamped goods refer to products that are manufactured using the forging process and stamping process. Forged and stamped goods manufacturers are engaged in the production of forgings from purchased metals, metal custom roll forming products, metal stamped and spun products and powder metallurgy products. The forged and stamped goods market consists of sales of forged and stamped goods by entities (organizations, sole traders or partnerships) that manufacture forged and stamped goods. Forged goods are typically created through the shaping of metal using force, often resulting in strong and durable products. Stamped goods, on the other hand, are produced by cutting or shaping metal sheets through a stamping process, which is efficient for mass production of precision components.

Die Casting Market Definition

Die casting is a manufacturing process used to produce high-quality, durable parts for various applications. It involves forcing molten non-ferrous alloys into hardened tool steel dies under high pressure to create intricate and precise shapes. The die casting market consists of sales of die casting products by entities (organizations, sole traders and partnerships), that manufacture die casting products. Die casting allows the production of metal parts with a high degree of precision. In this casting process, molten metal is injected into a mold, where it cools and hardens to create the desired shape.

Faucet Market Definition

A faucet is a device that controls the flow of liquid from a pipe or container. It is commonly used in plumbing for dispensing water. Faucets are found in various settings, including kitchens, bathrooms, outdoor spaces and more. They can vary in design, size and functionality, but their basic purpose is to regulate the release of water. The faucet market consists of sales, by entities (organizations, sole traders and partnerships), of faucets that are used for regulating the flow of liquids, including water.