Coating, engraving, heat treating, and
allied activities market involves in heat treating, enameling, varnishing,
electroplating, anodizing, coloring, finishing, hot dip galvanizing, engraving,
chasing, or etching metals and metal products. These establishments coat,
engrave, and heat treat metals and metal formed products fabricated at a
different place. These activities often involve heating the metal, and the
purpose is often to harden it.
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The coating, engraving, heat treating,
and allied activities market was valued close to $200 billion in 2017, and is
expected to be driven by the increase in metal consumption and rising demand of
the end users. Asia Pacific was the largest geographic region in the market, accounting
for 60% of the global market share.
The global coating, engraving, heat
treating and allied activities market in the report is split into three
segments: metal heat treating; metal coating, engraving and allied services to
manufacturers; and electroplating, plating, polishing, anodizing &
coloring.
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China was the largest country in the
market accounting for nearly 30% of the global coating, engraving, heat
treating, and allied activities market share.
The top five competitors in the market
are Hy-Power Coatings Ltd, Tilton Industries Inc., Rewire Automation Inc.,
Metex Heat Treating Ltd, and Metal Improvement Company Inc. Hy-Power Coatings
Ltd is the largest player in the market. This company provides electrostatic
refinishing services.
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