How Is The Coated Engraved And Heat Treated Metal Products Market Segmented?
The coated engraved and heat treated metal products market covered in this report is segmented –
1) By Type: Heat Treated Metal Products, Coated, Engraved Metal Products and Allied Services to Manufacturers, Electroplated, Plated, Polished, Anodized, and Colored Metal Products
2) By Treatment: Spheroidizing, Stress Relieving, Quenching and Tempering, Normalizing
3) By Application: Manufacturing, Automotive, Other Applications
Subsegments:
1) By Heat Treated Metal Products: Tempered Metal Products, Annealed Metal Products, Hardened Metal Products, Quenched Metal Products, Other Heat Treated Metal Products
2) By Coated: Powder Coated Metal Products, Galvanized Metal Products, Paint Coated Metal Products, Electrostatic Coated Metal Products, Other Coated Metal Products
3) By Engraved Metal Products And Allied Services To Manufacturers: Laser Engraving, CNC Engraving, Rotary Engraving, Chemical Etching, Other Engraving Services
4) By Electroplated: Gold Electroplated Products, Silver Electroplated Products, Copper Electroplated Products, Nickel Electroplated Products, Other Electroplated Metal Products
5) By Plated: Chrome Plated Products, Zinc Plated Products, Tin Plated Products, Copper Plated Products, Other Plated Metal Products
6) By Polished: Mirror Polished Metal Products, Satin Polished Metal Products, High Gloss Polished Metal Products, Other Polished Metal Products
7) By Anodized: Aluminum Anodized Products, Titanium Anodized Products, Other Anodized Metal Products
8) By Colored Metal Products: Colored Aluminum Products, Colored Steel Products, Colored Copper Products, Other Colored Metal Products
What Is Driving The Coated Engraved And Heat Treated Metal Products Market? Automotive Industry Growth Drives Prosperity In Coating, Engraving, Heat Treating, And Allied Activities Market
The coating, engraving, heat treating, and allied activities market have benefitted from the rapid growth in the automotive industry during the historic period. For instance, steel, aluminium, and magnesium are some of the metals commonly used in the automotive industry for manufacturing body panels, engines, transmissions, and numerous other parts. For instance, in April 2023, according to a report published by the Alliance for Automotive Innovation, a US-based trade association, sales of light trucks made up 79% of all sales in March 2023. Production of light vehicles in the United States rose by 6% from one month to the next in February 2023, totalling 873,247 vehicles (147,870 automobiles and 701,972 light trucks). Therefore, the rise in demand for automobiles during this period, positively impacted the coating, engraving, heat treating, and allied activities market.
What Is Driving The Coated Engraved And Heat Treated Metal Products Market? Construction Industry Expansion Fuels Robust Growth In The Coated Engraved And Heat-Treated Metal Products Market
The expanding construction sector is expected to propel the growth of the coated, engraved, and heat-treated metal products market going forward. The construction industry encompasses a wide range of activities, including the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. This industry often demands decorative and architectural metal elements that have been coated, engraved, or heat-treated to improve both their visual appeal and functionality. These elements can include items such as facade panels, railings, gates, and signage. For instance, in July 2023, according to Australian Bureau of Statistics, an Australian-based government administration, in the March quarter of 2023, there were 240,813 dwellings under construction, an increase from 240,065 in 2022. Therefore, the expanding construction sector is driving the growth of coated, engraved, and heat-treated metal products market.
Who Are The Major Players In The Global Coated Engraved And Heat Treated Metal Products Market?
Major companies operating in the coated engraved and heat treated metal products market include Bodycote plc, Valmont Industries Inc., Voestalpine AG, Womble Company Inc, NCI Building Systems Inc., Industrial Steel Treating Company, Foresight Finishing LLC, Queen City Steel Treating Co., S.M. Engineering & Heat Treating Inc., General Metal Heat Treating Inc., Scarrott Metallurgical Company, Accurate Steel Treating, Rizhao Steel, CITIC Limited, Fangda Steel, Liuzhou Steel, Inner Mongolia Baotou Steel Union Co. Ltd., Summit Stairs and Millwork of Charlotte Inc., Fini USA Corp., Qure Medical, Cap Yarns LLC, Oldcastle Glass, Wikoff Color Corporation, C-A-T Resources LLC, C.M. Steel Inc., Ambassador Packaging Inc., Superior Washer & Gasket Corp, PBI Products Inc., Hy-Power Coatings Ltd, Tilton Industries Inc, Aalberts Industries N.V., American Roller Company, ArcelorMittal, BlueScope Steel Limited, Canam Group Inc.
What Are The Key Trends Of The Global Coated Engraved And Heat Treated Metal Products Market? Development Of Products To Drive The Revenues Of The Coated Engraved And Heat-Treated Metal Products Market
Major companies operating in the coated engraved and heat-treated metal products market are developing innovative products such as laser engraving devices to meet larger customer bases, more sales, and increase revenue. Laser engraving devices are machines that use lasers to selectively remove microscopic layers of material from a surface, creating visible marks or designs. For instance, in May 2023, Mr Carve, a China-based manufacturer of laser engraving devices, launched, Mr Carve C2S Autofocus 20W Fiber Laser Engraver. The C2S offers an effective and practical solution for all engraving needs due to its advanced capabilities and exact controls. Through its outstanding capabilities, the C2S stands out from other engravers on the market. It can easily and accurately engrave metals, plastics, marble, stone, ceramic glaze, electrical wood, silicone (excluding translucent), and hardware materials. With a 1064 nm infrared pulse red laser and a maximum depth of 0.3 mm, the C2S version can etch metal more quickly and precisely than ever before. It can accurately and quickly etch complex designs on metal surfaces in a matter of seconds. This gives producers, designers, and artists the ability to produce more intricate designs and products of greater quality.
What Is The Regional Outlook For The Global Coated Engraved And Heat Treated Metal Products Market?
Asia-Pacific was the largest region in the coated, engraved, and heat-treated metal products marketing 2024. North America was the second-largest region in the coated, engraved, and heat-treated metal products market. The regions covered in the coated, engraved and heat-treated metal products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the coated engraved and heat treated metal products market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Defines the Coated Engraved And Heat Treated Metal Products Market?
The coated, engraved, and heat-treated metal products market consists of sales of tempering, brazing, and plating. 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.
How is Market Value Defined and Measured?
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.
What is the Market Assessment and Strategic Outlook for the Coated Engraved And Heat Treated Metal Products Industry?
The coated, engraved and heat-treated metal products market research report is one of a series of new reports from The Business Research Company that provides coated, engraved and heat-treated metal products market statistics, including coated, engraved and heat-treated metal products industry global market size, regional shares, competitors with a coated, engraved and heat-treated metal products market share, detailed coated, engraved and heat-treated metal products market segments, market trends and opportunities, and any further data you may need to thrive in the coated, engraved and heat-treated metal products industry. This coated, engraved and heat-treated metal products 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.
