Global Market Insights, Inc. has recently added a new report on sandblasting machines market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of sandblasting machines industry.
Selbyville, United States - August 9, 2019 /MarketersMedia/ —
Asia Pacific has witnessed substantial growth in residential construction and infrastructure development. Public and private investments coupled with favoring government initiatives in developing economies has increased residential as well as commercial construction activities. Robust industrialization, increasing urbanization, improving income levels of middle-class population, rising standard of living are some other factors that will prosper the growth of construction industry in Asia Pacific.
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North America region will witness a growth rate of over 4.5% owing to escalating regional oil & gas exploration activities. Asia Pacific region will have over 35% share in sandblasting machines market owing to rapid growth in regional construction & infrastructure development coupled with increasing regional automotive production. Development in global construction sector is one of the chief factors driving the growth of global sandblasting machines market. Increasing residential construction activities in the U.S. has propelled the growth of global construction sector. Between 2017 and 2018, the overall construction spending in the U.S. witnessed a growth of more than 3.5%, in which, spending on residential and non-residential construction grew by over USD 14 and 33 million respectively. Such positive trends will prosper the regional construction market which will in turn drive demand for abrasive blasting machines.
Sandblasting Machines Market will surpass USD 550 million by 2025; according to a new research report. Rising industrial activities requiring robotic blasting techniques in construction, automotive, metalworking sectors, where complex operations and precision is critical, will drive the global sandblasting machines market demand during the forecast spell. Rising usage of these mechanisms in surface cleaning and treatment activities, especially in marine and automotive industries will further foster the sandblasting machines market in near future.
Browse key industry insights report, “Sandblasting Machines Market Size By Blasting Type (Dry, Wet), By Control System (Automatic, Semi-automatic, Manual), By Tank Capacity (Less Than 1,000L, 1,000L to 2,000L, 2,000L to 3,000L, Above 3,000L), By Product (Portable, Stationary), By End-user (Automotive, Construction, Marine, Oil & Gas, Petrochemicals) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sand-blasting-machines-market-size
On the basis of blasting type, the sandblasting machines market can be categorized into dry and wet. Based on volume, dry blasting type will have dominant market share throughout the forecast timespan. Wet blasting type will have high CAGR as it has many applications in paint, fabrication, construction, engineering, etc. Among the different control systems, automatic control system will witness a growth rate of over 5.5% throughout the forecast timespan, owing to escalating technological developments in developed economies such as the U.S., China, Japan, UK, Germany, etc.
In the tank capacity segment, less than 1000 L product will dominate the market owing to rising product demand in construction and automotive sector. Stationary and portable are the two product segments in global sandblasting machines market. Growth in construction and marine industry has resulted in over 60% share for portable product type. It is also used for pipeline repairing and maintenance in oil & gas sector. Automotive end-use industry will witness substantial share in abrasive blasting machines market as the product is widely used for automotive manufacturing and vehicle refurbishment applications.
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Abrasive blasting machines industry share is extremely competitive, with numerous medium and large-scale manufacturers. The main players include Paul Auer, MHG Strahlanlagen, Clemco Industries, Empire Abrasive Equipment, Kramer Industries, Sintokogio, Axxiom Manufacturing, Torbo Engineering Keizers, Glasner Sandstrahl Maschinenbau, ABShot Tecnics, and Burwell Technologies, Airblast.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Website: https://www.gminsights.com/industry-analysis/sand-blasting-machines-market-size
Source: MarketersMedia
Release ID: 88906360
