PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1299768
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1299768
Sandblasting machines market size was valued at USD 620.9 Million in 2022, expanding at a CAGR of 6.2% from 2023 to 2030.
The sandblasting machine is also defined as the abrasive blasting machine that is widely used in the sandblasting process. Sandblasting includes the forceful propelling of the abrasive material under high pressure against a surface to remove the surface contaminants, roughen a smooth surface, and shape a surface. Additionally, this machine can be utilized on a surface of fiberglass, wood, plastic/polypropylene, concrete, and metal including cast iron, and aluminum.
Sandblasting machines are widely used in the automobile industry for pre-treatment, smooth finishing, providing textures to the materials used for automobiles, electroplating finishing, and polishing. In addition, rising demand in the automobile industry surges positive growth for the sandblast market. However, health and environmental concerns along with disposal challenges associated with these machines will limit the market growth. Moreover, high investments for the development of end-use industries including oil & gas and construction offer plenty of opportunities for the sandblasting machines market.
Furthermore, in automation technological advancement and growth refers to the emergence of robotic sandblasting machines which will positively affect the sandblasting machines market growth. The COVID-19 pandemic crisis has affected the production of various products in the sandblasting machines industry. In addition, due to the prolonged lockdown supply chain was disrupted and delayed in production operations globally.
The global sandblasting machines market is segmented on the basis of blasting type, control system, tank capacity, product, end-user, and region.
The market is divided into two categories based on blasting type: dry and wet. The dry sector is expected to dominate the market. In place of water dry sandblasting machine uses highly pressurized air. Additionally, to remove dust it is used for metal surfaces.
The market is divided into three categories based on control systems: automatic, semi-automatic, and manual. The automatic sector is likely to maintain its dominance during the forecast period. The automotive sandblasting machine uses a lesser amount of workspace in activities as compared to manual equipment.
The market is divided into four categories based on tank capacity: less than 1,000L, 1,000L to 2,000L, 2,000L to 3,000L, and above 3,000L. The less than 1,000L sector is expected to hold the largest market share. On a large scale, the increasing use of portable sandblasting machines is encouraging lower tank capacity equipment.
The market is divided into two categories based on product: portable and stationary. The portable sector is likely to hold the market share owing to its increasing polishing and cleaning activities using the sandblasting machine will surge the segment demand.
The market is divided into five categories based on end-user: automotive, construction, marine, oil & gas, and petrochemicals. The construction sector is estimated to possess the market share over the forecast period. The rising usage of the product in the repair and construction activities of buildings is significantly increasing the segment growth.
The key companies are focusing on investing in a strategic partnership to enhance their capabilities in terms of new product development and technology innovation. In addition, companies' innovations are primarily focused on better productivity, cost of products, and reliability. The growth in the end-use industry such as petrochemicals, marine, and construction is projected to provide opportunities for the industry. Moreover, huge numbers of international, medium, and small players are operating in the industry. Due to the continued development in demand for the construction industry such as finishing, repairing, and construction activities making it is one of the competitive sectors worldwide. Market players are adopting techniques to pave a way for their business including mergers & acquisitions and distribution network development.
This proposed research study on sandblasting machines market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for sandblasting machines market.
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the sandblasting machines market.
Impact of COVID-19 on sandblasting machines market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on sandblasting machines market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the sandblasting machines market, we have also included competitive landscape and key innovator analysis for the sandblasting machines market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offersdetailed company profiling featuring major market participantswhich will help users to understand their financial information and strategic initiatives of players operating in the sandblasting machines market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global sandblasting machines market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts.
The scope of this report covers the market by its major segments, which include as follows: