Latest News- Abrasive Blasting Equipment Market: Manufacturing is expected to lead the End-user segment during 2024-2028

The Abrasive Blasting Equipment Market is being driven by Rapid growth in aerospace healthcare and furnishing industries

The Abrasive Blasting Equipment Market is expected to grow at a CAGR of 5.36% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 148.3 million. The global e-commerce market has experienced significant growth in recent decades, particularly in developing and underdeveloped countries where internet penetration and mobile usage are on the rise. This trend is expected to continue during the forecast period, leading to an increase in both B2B and B2C transactions. As a result, the e-commerce sector presents numerous opportunities for various industries, including the abrasive blasting equipment market. Market players are leveraging advanced technologies to connect with consumers, sell their products, and gather valuable data on consumer behavior and preferences. The booming e-commerce industry is transforming the way businesses operate, making it essential for abrasive blasting equipment suppliers to adapt and thrive in this digital age. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Manufacturing
  • Construction and maintenance
  • Others
• Type
  • Semi automatic
  • Automatic
  • Manual
• Geography
  • APAC
    • China
    • Japan
  • North America
    • US
  • Europe
    • Germany
    • UK
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rapid growth in aerospace healthcare and furnishing industries
• Growing demand from automotive industry
• Growing construction activities in emerging countries and US

However, the market also witnesses some limitations, which are as follows:

• Growing use of automation
• Impact of abrasive blasting on health of workers
• Tightening regulations around use of abrasive blasting equipment

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Market Scope in Abrasive Blasting Equipment Market Research Report

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Research Analysis Overview

The Abrasive Blasting Equipment Market encompasses a wide range of tools used for surface preparation in various industries. These tools use high pressure to propel an abrasive media, such as Aluminum oxide, Glass beads, Plastic media, Silica sand, or Steel grit, against a surface to remove old paint, rust, or other contaminants. The market caters to different industries, including the Petrochemical industry, Manufacturing sectors, and Marine Maintenance, among others. Sales of abrasive blasting equipment are made through various channels, including direct sales (OEMs), sales through distributors, and sales through online platforms. Manual methods like sandblasting, bead blasting, pencil blasting, bristle blasting, and steel grit blasting, as well as semi-automatic methods like shot blasting, soda blasting, centrifugal blasting, and vacuum blasting, are popular. Cost-effective alternatives like Plastic media blasting are gaining popularity due to their lower abrasive material cost. Applications include Graffiti Removal, Surface Preparation for painting, and Wet blasting for sensitive surfaces.

Market Research Overview

The industrial machinery, supplies, and component market encompasses businesses involved in the production of machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers supplying equipment for industrial applications. Key growth drivers for this market include the expanding output of process and discrete industries in response to increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages, primarily in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/