LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global abrasive blasting equipment market to grow at a CAGR of over 4% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global abrasive blasting equipment market for 2017-2021. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The automotive sector in Europe and in some parts of APAC has been growing steadily. The unit sales of cars and commercial vehicles in these two regions increased considerably during 2016-2017. The high economic growth in Asia and the growth in the disposable incomes of the rising middle-class population in countries such as China and India are driving the global sales of vehicles.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Technavio analysts highlight the following three factors that are contributing to the growth of the global abrasive blasting equipment market:
- Growing demand from automotive industry
- Growth in aerospace sector
- Infrastructure and construction boom in US and Asia
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Growing demand from automotive industry
The automotive manufacturing segment is one of the largest consumers of abrasive blasting equipment. Abrasive blasting is done on vehicles for surface preparation before the application of paint. Blasting makes the whole surface even by removing burrs and gives it the desired texture. This gives a smoother finish to vehicles after the painting is completed.
Anju Ajaykumar, a lead engineering tools research analyst at Technavio, says, “Abrasive blasting equipment is used during automobile manufacturing as well as while performing restoration work on old vehicles. Vehicle bodies are usually made of metal, which is prone to rusting or corroding over time due to moisture and other chemical reactions. To restore these vehicles, blasting is used to remove the paint or rust from the metal body before repainting.”
Growth in aerospace sector
The aerospace sector is a major end-user of abrasive blasting equipment. Aircraft components must have a smooth finish to ensure superior aerodynamic performance. The aerospace sector utilizes high precision and controlled-environment equipment to perform blasting operations as the components are designed for high safety. Therefore, the sector is one of the prime users of blasting cabinets and blasting rooms.
“Airbus and Boeing are expected to ramp up their production to clear the backlog of new aircraft orders. Airbus has planned to increase the capacity of its assembly plant in China during 2016-2025 to meet the growing demand from the Asian region. The company also set up a new plant in the US in 2015 to increase deliveries to the US market, which is expected to reach full capacity by 2018,” adds Anju.
Infrastructure and construction boom in US and Asia
Abrasive blasting is also used in construction and woodworking applications. Blasting is used to remove paint from old walls, and rust and corrosion from steel materials and pipes. It is also used for surface blasting of rough walls. Also, abrasive blasting is used in building and street cleaning applications. Also, it is used by municipal departments to remove graffiti from walls and other surfaces. The growth in the infrastructure and construction sectors is expected to propel the demand for this equipment.
The construction industry uses abrasive blasting for detailing and profiling of concrete surfaces, which is essential before the surface is bonded with any other coating. Building construction also requires a large amount of steel and wood, which require proper surface finishing before they are used. Steel pipes and girders are usually blasted with abrasives before they are painted.
Top vendors:
- Airblast
- Clemco Industries
- Empire Abrasive Equipment
- Graco
- Sinto Group
Browse Related Reports:
- Global Laser Marking Equipment Market 2017-2021
- Global Domestic Boiler Market 2017-2021
- Global Glass Handling Tools and Equipment Market 2017-2021
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
