Market Overview:
The Global Centrifugal Barrel Finisher Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for centrifugal barrel finishers in various applications such as aerospace, medical, automotive and others. In addition, the growing demand for high-speed centrifugal barrel finishers is also contributing to the market growth. However, factors such as high initial investment and lack of awareness about benefits offered by centrifugal barrel finishers are restraining the market growth. Based on type, the global centrifugal barrel finisher market can be segmented into HZ150 segments.
Product Definition:
A centrifugal barrel finisher is a device used to improve the surface finish of a workpiece. The importance of using a centrifugal barrel finisher is that it produces a much smoother surface finish than can be achieved with traditional abrasive finishing methods.
HZ-50 is a high-performance liquid centrifugal pump with an operating range of 0 to 50 degrees. It is designed for use in the food and beverage industry, chemical processing industries, pharmaceuticals & medical industries and also has extensive application in the automotive industry. The rising demand for processed foods across the globe coupled with increasing requirement for ultra-high vacuum pumps are expected to drive market growth over the forecast period.
HZ-51-HZ-100:
HZ-51-HZ-100 is a high performance, low viscosity rotor oil designed for use in centrifugal barrel finishers. It provides excellent protection and reliability to the centrifugal barrels while finishing operations.
Centrifugal Barrel Finishing (CBF) is an advanced process that utilizes high speed rotating media to remove metal from the work piece with minimal damage to surrounding components.
Application Insights:
The aerospace segment accounted for the largest revenue share of over 40% in 2017. The product has been witnessing growing demand from various sectors such as defense, marine, and transportation. Centrifugal barrel fillers are used to finish critical parts that require high precision including engine components and other mechanical & hydraulic systems.
The automotive sector is expected to emerge as a key application area over the forecast period owing to increasing production capacities in China, India, South Korea and Japan coupled with strong demand for trucks from North America and Europe. In addition, technological advancements such centracerf's barrels with integrated vision systems will open new avenues for growth during the forecast period. For instance; integration of barometric sensors into centrifugal barrel fillers enables auto-stop function thereby enhancing machine safety features while finishing parts at high speed within tolerance limits required by different vehicle components manufacturing processes (e-centrifuge).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. The region has witnessed significant growth in industries including automotive, aerospace, medical & dental, textile, and others. In addition, favorable government policies such as Foreign Direct Investments (FDI) and Make in India are also expected to drive product demand over the forecast period.
The North America centrifugal barrel finisher market accounted for a share of more than 25% in 2017 owing to high product adoption by end-use industries such as oil & gas exploration & production; mining; chemicals; food processing & packaging; power generation; textiles etc., across U.S.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for high-quality finishes on metal parts
- Growing popularity of centrifugal barrel finishers among small and medium-sized businesses due to their low cost of ownership and easy operation
- Rising demand for automated finishing systems that can improve throughput and quality while reducing labor costs
- Advances in technology that have led to the development of new finishing processes and products, such as nano-coating, that can be applied with centrifugal barrel finishers
- The growing trend toward "green" manufacturing, which is driving the adoption of more environmentally friendly finishing processes like waterborne coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Centrifugal Barrel Finisher Market Research Report
By Type
HZ-150 By Application
Aerospace, Medical, Automotive, Others
By Companies
Metal Finishing Systems, Mass Finishing, ISO Finishing Inc, Best Technology, Metal Cutting, Giant Finishing, Tipton, Bel Air Finishing, Hammond Roto-Finish, Sinto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Centrifugal Barrel Finisher Market Report Segments:
The global Centrifugal Barrel Finisher market is segmented on the basis of:
Types
HZ-150 The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Medical, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Metal Finishing Systems
- Mass Finishing
- ISO Finishing Inc
- Best Technology
- Metal Cutting
- Giant Finishing
- Tipton
- Bel Air Finishing
- Hammond Roto-Finish
- Sinto
Highlights of The Centrifugal Barrel Finisher Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HZ-51-HZ-100
- HZ-101-HZ-150
- >HZ-150
- By Application:
- Aerospace
- Medical
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Centrifugal Barrel Finisher Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A centrifugal barrel finisher is a machine that uses centrifugal force to smooth and finish the inside of a barrel. It creates a perfectly round, cylindrical end product.
Some of the key players operating in the centrifugal barrel finisher market are Metal Finishing Systems, Mass Finishing, ISO Finishing Inc, Best Technology, Metal Cutting, Giant Finishing, Tipton, Bel Air Finishing, Hammond Roto-Finish, Sinto.
The centrifugal barrel finisher market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Centrifugal Barrel Finisher Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Centrifugal Barrel Finisher Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Centrifugal Barrel Finisher Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Centrifugal Barrel Finisher Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Centrifugal Barrel Finisher Market Size & Forecast, 2020-2028 4.5.1 Centrifugal Barrel Finisher Market Size and Y-o-Y Growth 4.5.2 Centrifugal Barrel Finisher Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.15.2.2 HZ-51-HZ-100
5.2.3 HZ-101-HZ-150
5.2.4 >HZ-150
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Medical
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Centrifugal Barrel Finisher Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Centrifugal Barrel Finisher Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.19.6.2 HZ-51-HZ-100
9.6.3 HZ-101-HZ-150
9.6.4 >HZ-150
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Medical
9.10.3 Automotive
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.110.6.2 HZ-51-HZ-100
10.6.3 HZ-101-HZ-150
10.6.4 >HZ-150
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Medical
10.10.3 Automotive
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.111.6.2 HZ-51-HZ-100
11.6.3 HZ-101-HZ-150
11.6.4 >HZ-150
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Medical
11.10.3 Automotive
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.112.6.2 HZ-51-HZ-100
12.6.3 HZ-101-HZ-150
12.6.4 >HZ-150
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Medical
12.10.3 Automotive
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.113.6.2 HZ-51-HZ-100
13.6.3 HZ-101-HZ-150
13.6.4 >HZ-150
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Medical
13.10.3 Automotive
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Centrifugal Barrel Finisher Market: Competitive Dashboard
14.2 Global Centrifugal Barrel Finisher Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Metal Finishing Systems
14.3.2 Mass Finishing
14.3.3 ISO Finishing Inc
14.3.4 Best Technology
14.3.5 Metal Cutting
14.3.6 Giant Finishing
14.3.7 Tipton
14.3.8 Bel Air Finishing
14.3.9 Hammond Roto-Finish
14.3.10 Sinto