Market Overview:
The global hard chrome grinding market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hard chrome grinding services from various end-use industries, such as aerospace, nuclear, heavy machinery, and others. Hard chrome grinding is a process that is used to remove material from the surface of a workpiece using an abrasive wheel or belt. This process helps in improving the surface finish and dimensional accuracy of workpieces.
Product Definition:
Hard Chrome Grinding is a metalworking process that uses an abrasive wheel to remove material from a metallic surface. It is used to improve the wear resistance and corrosion resistance of parts made from metals such as steel, aluminum, brass, and copper.
Outer Diameter Grinding:
Outer diameter grinding is a type of precision grinding service that is used to grind only the outer edge of the desired component. It's an excellent way to grind components with complex geometries and also offers high accuracy in sizes. The process involves two machines, one for turning and another for milling operations which are connected by a common shaft. This helps in achieving higher production rates while maintaining high levels of precision as both machines operate at constant speeds and angles thus ensuring constant quality output.
Inner Diameter Grinding:
Inner diameter grinding is used to reduce the overall machine wear and tear. It also helps in achieving high precision, which is an important factor for hard chrome grinding. The process involves removing material from a workpiece by means of a rotating wheel or mandrel with the help of abrasive grains like silicon carbide, aluminum oxide or zirconia alumina.
Application Insights:
The demand for hard chrome grinding wheel in aerospace industry was valued at USD 5.5 million in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2030 owing largely on the increasing use of the product as an abrasive for manufacturing aircraft components including turbine blades, jet engines, heat exchangers and other precision machined parts with tight tolerances.
In addition, high corrosion resistance offered by the product is expected to drive its demand from heavy machinery industry over the forecast period due to its ability not only withstand but also reduce wear & tear caused by aggressive environments such as oil fields and chemical processing plants where it finds applications in drilling equipment among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as aerospace, nuclear, heavy machinery, etc. China is one of the largest producers and consumers of hard chrome globally owing to easy availability of raw materials coupled with large scale production facilities present in this country.
North America accounted for a significant share in terms of revenue due to presence major companies such as Boeing Co., Lockheed Martin Corp., General Electric Co., United Technologies Inc., Pratt & Whitney Canada Ltd.; etc. In addition, growing emphasis on energy security along with strict regulations by U.S Environmental Protection Agency (U S EPA) regarding chromium content in drinking water is anticipated to drive demand for these products across North America region during the forecast period.
Growth Factors:
- Increasing demand for hard chrome grinding from the automotive and aerospace industries due to the growing need for high-performance components.
- Rising demand for hard chrome grinding in the medical industry due to its ability to produce high-quality surfaces with low roughness values and excellent wear resistance.
- Growing popularity of hard chrome grinding among small and medium enterprises (SMEs) as it offers a cost-effective alternative to traditional machining processes such as milling, turning, and drilling.
- Technological advancements that have led to the development of new and improved grinding wheels that offer better performance than traditional wheels, thus increasing the efficiency of hard chrome grinding operations.
- The increasing use of automation in hard chrome grinding operations that has helped reduce manufacturing costs while improving quality and throughput
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Chrome Grinding Market Research Report
By Type
Outer Diameter Grinding, Inner Diameter Grinding, Centerless Grinding, Surface Grinding, Others
By Application
Aerospace, Nuclear, Heavy Machinery, Others
By Companies
Techmetals, TIODIZE, HPL Stampings, G & J Steel & Tubing, Light Metals Coloring, Leatherwood Manufacturing, Aalberts Surface Technologies, AOTCO Metal Finishing, SIFCO ASC, Electrohio, TFC, In'Tech Industries, Y＆W Technologies, Electrobright, STERIChrome
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Hard Chrome Grinding Market Report Segments:
The global Hard Chrome Grinding market is segmented on the basis of:
Types
Outer Diameter Grinding, Inner Diameter Grinding, Centerless Grinding, Surface Grinding, Others
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, Nuclear, Heavy Machinery, 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:
- Techmetals
- TIODIZE
- HPL Stampings
- G & J Steel & Tubing
- Light Metals Coloring
- Leatherwood Manufacturing
- Aalberts Surface Technologies
- AOTCO Metal Finishing
- SIFCO ASC
- Electrohio
- TFC
- In'Tech Industries
- Y＆W Technologies
- Electrobright
- STERIChrome
Highlights of The Hard Chrome Grinding 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:
- Outer Diameter Grinding
- Inner Diameter Grinding
- Centerless Grinding
- Surface Grinding
- Others
- By Application:
- Aerospace
- Nuclear
- Heavy Machinery
- 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 Hard Chrome Grinding 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
Hard chrome grinding is a process of removing metal from a workpiece by using abrasive particles to remove material. The particles are typically made of hard, durable materials such as silicon carbide or diamond.
Some of the major players in the hard chrome grinding market are Techmetals, TIODIZE, HPL Stampings, G & J Steel & Tubing, Light Metals Coloring, Leatherwood Manufacturing, Aalberts Surface Technologies, AOTCO Metal Finishing, SIFCO ASC, Electrohio, TFC, In'Tech Industries, Y＆W Technologies, Electrobright, STERIChrome.
The hard chrome grinding 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 Hard Chrome Grinding 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 Hard Chrome Grinding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hard Chrome Grinding 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 Hard Chrome Grinding 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 Hard Chrome Grinding Market Size & Forecast, 2018-2028
4.5.1 Hard Chrome Grinding Market Size and Y-o-Y Growth
4.5.2 Hard Chrome Grinding Market Absolute $ Opportunity
Chapter 5 Global Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Type
5.2.1 Outer Diameter Grinding
5.2.2 Inner Diameter Grinding
5.2.3 Centerless Grinding
5.2.4 Surface Grinding
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Nuclear
6.2.3 Heavy Machinery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hard Chrome Grinding 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 Hard Chrome Grinding 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 Hard Chrome Grinding Analysis and Forecast
9.1 Introduction
9.2 North America Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Type
9.6.1 Outer Diameter Grinding
9.6.2 Inner Diameter Grinding
9.6.3 Centerless Grinding
9.6.4 Surface Grinding
9.6.5 Others
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 Hard Chrome Grinding Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Nuclear
9.10.3 Heavy Machinery
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 Hard Chrome Grinding Analysis and Forecast
10.1 Introduction
10.2 Europe Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Type
10.6.1 Outer Diameter Grinding
10.6.2 Inner Diameter Grinding
10.6.3 Centerless Grinding
10.6.4 Surface Grinding
10.6.5 Others
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 Hard Chrome Grinding Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Nuclear
10.10.3 Heavy Machinery
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 Hard Chrome Grinding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Type
11.6.1 Outer Diameter Grinding
11.6.2 Inner Diameter Grinding
11.6.3 Centerless Grinding
11.6.4 Surface Grinding
11.6.5 Others
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 Hard Chrome Grinding Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Nuclear
11.10.3 Heavy Machinery
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 Hard Chrome Grinding Analysis and Forecast
12.1 Introduction
12.2 Latin America Hard Chrome Grinding 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 Hard Chrome Grinding Market Size Forecast by Type
12.6.1 Outer Diameter Grinding
12.6.2 Inner Diameter Grinding
12.6.3 Centerless Grinding
12.6.4 Surface Grinding
12.6.5 Others
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 Hard Chrome Grinding Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Nuclear
12.10.3 Heavy Machinery
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) Hard Chrome Grinding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hard Chrome Grinding 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) Hard Chrome Grinding Market Size Forecast by Type
13.6.1 Outer Diameter Grinding
13.6.2 Inner Diameter Grinding
13.6.3 Centerless Grinding
13.6.4 Surface Grinding
13.6.5 Others
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) Hard Chrome Grinding Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Nuclear
13.10.3 Heavy Machinery
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 Hard Chrome Grinding Market: Competitive Dashboard
14.2 Global Hard Chrome Grinding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Techmetals
14.3.2 TIODIZE
14.3.3 HPL Stampings
14.3.4 G & J Steel & Tubing
14.3.5 Light Metals Coloring
14.3.6 Leatherwood Manufacturing
14.3.7 Aalberts Surface Technologies
14.3.8 AOTCO Metal Finishing
14.3.9 SIFCO ASC
14.3.10 Electrohio
14.3.11 TFC
14.3.12 In'Tech Industries
14.3.13 Y＆W Technologies
14.3.14 Electrobright
14.3.15 STERIChrome
