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Sandblasting Machines Market 2020 - Growth Trends and Demand Analysis by Leading Players: Graco, Airblast B.V., Clemco industries, Axxiom Manufacturing

05-04-2020 04:41 PM CET | Industry, Real Estate & Construction

Press release from: DEC Research

Sandblasting Machines Market

Sandblasting Machines Market

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.

Sandblasting Machines Market is forecast to exceed USD 550 million; according to a new research report.

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Abrasive blasting machines are widely used in construction sector in both construction as well as repair activities of commercial & residential buildings, architectural statues, bridges, etc., especially for cleaning and surface finishing application. The growth of global construction industry will prosper the demand of global sandblasting machines market during the forecast timespan. However, environmental and health concerns associated with the product might hamper its demand in near future.

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 Growth Drivers: -
1. Enhancement in robotic sandblasting equipment
2. Developments in the global construction industry
3. Growth in global metal working industry
4. Growth in Asia Pacific automotive industry
5. Growth in Asia Pacific marine industry

Sandblasting Machines Market, By End-user: -
1. Automotive
2. Construction
3. Marine
4. Oil & gas
5. Petrochemicals
6. Others

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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.

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.

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.

Sandblasting machines market 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 DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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