+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Finishing Lines Global Market Report 2024

  • PDF Icon

    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5790574
The finishing lines market size has grown strongly in recent years. It will grow from $7.28 billion in 2023 to $7.73 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to shifts in customer expectations and industry dynamics, advancements in application techniques, improvements in quality control and efficiency, global market expansion, and increasing focus on environmental regulations and sustainability.

The finishing lines market size is expected to see strong growth in the next few years. It will grow to $9.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to the adoption of Industry 4.0 and smart manufacturing practices, advancements in coating materials and techniques, increased demand for customization, integration of automation and robotics, and the expansion of the global market. Major trends in the forecast period include material innovation and adaptability, a focus on safety and compliance, increased digitalization and data-driven solutions, widespread adoption of automation and robotics, and advancements in coating technologies.

The anticipated expansion of the automotive sector is set to drive the growth of the finishing lines market. Within the automotive industry, coatings with polyurethane, acrylic, or alkyd bases are utilized in automotive body shops and repair facilities for refinishing purposes. Finishing lines play a pivotal role in these sectors, employed specifically for the refinement of various car parts such as bumpers, dashboards, and other components. Notably, based on the International Energy Agency's (IEA) report in May 2022, global electric vehicle (EV) sales reached 6.6 million in 2021, with a significant surge noted in the first quarter of 2022, reflecting a 75% increase compared to the same period in 2021. This surge in the automotive sector, spanning both conventional and electric vehicles, acts as a driving force for the growth of the finishing lines market.

The proliferation of electric vehicles is expected to significantly contribute to the growth of the finishing lines market. These vehicles, propelled by electric motors, rely on finishing lines for essential protective and aesthetic coatings across various components. Notably, in regions such as China and India, significant surges in EV sales have been observed. China, with a rapidly growing EV market, witnessed 2.4 million EV deliveries in the first half of 2022, marking 26% of all car sales. Similarly, India experienced substantial retail sales of electric vehicles, amounting to 390,399 units in the first half of 2022, representing a remarkable 333% year-over-year growth compared to the same period in 2021. This surge in electric vehicle adoption contributes significantly to the growth trajectory of the finishing lines market.

Technological advancements emerge as a prominent trend shaping the finishing lines market. Key companies operating within this sector are actively introducing innovative technologies to gain a competitive edge. For instance, PRATI, an Italy-based finishing solutions provider, launched DIGIFASTONE in May 2022, a digital finishing line based on the FUTURA by Prati DIGIFASTone technology. This technology boasts an entirely modular design, available in different configurations, allowing the installation of digital finishing and laser die-cutting machines based on specific production needs. Built upon the 'FUTURA by Prati' technology, this innovation sets new standards for the next generation of finishing solutions, aligning with the requirements of industry 4.0.

Prominent entities within the finishing lines market are intensifying efforts to pioneer new technological advancements, such as the inkjet imprinting system, to enhance their competitive edge. An inkjet imprinting system functions as a printing mechanism utilizing small ink droplets to create images on various substrates. For instance, in June 2021, Fujifilm, a Japan-based company known for its innovative solutions, announced the introduction of X-BAR, a modular inkjet imprinting system powered by FUJIFILM Inkjet Technology. This cutting-edge product aims to deliver reliability, productivity, and quality akin to traditional presses or finishing lines. Specifically tailored for direct mail and transaction printing applications, the X-BAR system represents a technological leap in the industry.

In January 2022, Ronatec C2C Inc., a US-based chemical manufacturer, made an undisclosed acquisition of Metalx Specialty Products Inc. This strategic acquisition marks Ronatec's entry into the metal products finishing sector. The synergy resulting from enhanced marketing strategies, shared product knowledge, successful sales, and an existing distribution system enables both companies to expand their respective brands collaboratively. Metalx Specialty Products Inc., a US-based provider of metal finishing services, aligns well with Ronatec's goals for growth and market diversification within the finishing industry.

Major companies operating in the finishing lines market report are Graco Inc., J. Wagner GmbH, Nordson Corporation, Spray Equipment & Service Center Inc., Wewin Finishing Equipments Private Limited, Reliant Finishing Systems LLC, Blasdel Enterprises Inc., Crescent Bronze Powder Co. Inc., Finish Line Industries Inc., Industrial Finishes and Systems Inc., Valmont Industries Inc., Cornerstone Building Brands Inc., Steel Technologies LLC, Precoat Metals Inc., Worthington Industries Inc., ABB Ltd., Fives Group, Bühler Group, Eisenmann SE, Andritz AG, Cefla Finishing Group S.p.A., Dürr AG, Valco Melton Inc., Colordyne Technologies LLC, Komax Holding AG, X-Rite Incorporated, KraussMaffei Group GmbH, Körber AG, Marel hf., LVD Company nv, Autoliv Inc., Atlas Copco AB, Metso Outotec Corporation, Reiter Group GmbH, FANUC Corporation, Fette Compacting GmbH, Müller Martini Holding AG, Rittal GmbH & Co. KG, Bystronic Laser AG, Krones AG, Marabu GmbH & Co. KG, The Bradbury Co. Inc.

Asia-Pacific was the largest region in the finishing lines market share in 2023. The regions covered in the finishing lines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the finishing lines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary components of finishing lines include pre-treatment plants, ovens, paint booths, conveyor systems, control systems, and other associated components. Pre-treatment plants are designed for treating wastewater generated by commercial facilities and other non-domestic sources. These finishing lines find applications in diverse industries such as automotive (parts), engines and motors, electronics and control panels, furniture, machinery, household appliances, and more.

The finishing lines market research report is one of a series of new reports that provides finishing lines market statistics, including finishing lines industry global market size, regional shares, competitors with a finishing lines market share, detailed finishing lines market segments, market trends and opportunities, and any further data you may need to thrive in the finishing lines industry. This finishing lines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Finishing Lines Market Characteristics3. Finishing Lines Market Trends and Strategies
4. Finishing Lines Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Finishing Lines Market Size and Growth
5.1. Global Finishing Lines Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Finishing Lines Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Finishing Lines Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Finishing Lines Market Segmentation
6.1. Global Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Pre-Treatment Plants
  • Ovens
  • Paint Booths
  • Conveyor Systems
  • Control Systems
  • Other Components
6.2. Global Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive Parts
  • Engine and Motors
  • Electronics and Control Panels
  • Furniture
  • Machinery
  • Household Appliances
  • Other Applications
7. Finishing Lines Market Regional and Country Analysis
7.1. Global Finishing Lines Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Finishing Lines Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Finishing Lines Market
8.1. Asia-Pacific Finishing Lines Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Finishing Lines Market
9.1. China Finishing Lines Market Overview
9.2. China Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Finishing Lines Market
10.1. India Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Finishing Lines Market
11.1. Japan Finishing Lines Market Overview
11.2. Japan Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Finishing Lines Market
12.1. Australia Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Finishing Lines Market
13.1. Indonesia Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Finishing Lines Market
14.1. South Korea Finishing Lines Market Overview
14.2. South Korea Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Finishing Lines Market
15.1. Western Europe Finishing Lines Market Overview
15.2. Western Europe Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Finishing Lines Market
16.1. UK Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Finishing Lines Market
17.1. Germany Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Finishing Lines Market
18.1. France Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Finishing Lines Market
19.1. Italy Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Finishing Lines Market
20.1. Spain Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Finishing Lines Market
21.1. Eastern Europe Finishing Lines Market Overview
21.2. Eastern Europe Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Finishing Lines Market
22.1. Russia Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Finishing Lines Market
23.1. North America Finishing Lines Market Overview
23.2. North America Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Finishing Lines Market
24.1. USA Finishing Lines Market Overview
24.2. USA Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Finishing Lines Market
25.1. Canada Finishing Lines Market Overview
25.2. Canada Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Finishing Lines Market
26.1. South America Finishing Lines Market Overview
26.2. South America Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Finishing Lines Market
27.1. Brazil Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Finishing Lines Market
28.1. Middle East Finishing Lines Market Overview
28.2. Middle East Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Finishing Lines Market
29.1. Africa Finishing Lines Market Overview
29.2. Africa Finishing Lines Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Finishing Lines Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Finishing Lines Market Competitive Landscape and Company Profiles
30.1. Finishing Lines Market Competitive Landscape
30.2. Finishing Lines Market Company Profiles
30.2.1. Graco Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. J. Wagner GmbH
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Nordson Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Spray Equipment & Service Center Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Wewin Finishing Equipments Private Limited
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Finishing Lines Market Competitive Benchmarking32. Global Finishing Lines Market Competitive Dashboard33. Key Mergers and Acquisitions in the Finishing Lines Market
34. Finishing Lines Market Future Outlook and Potential Analysis
34.1 Finishing Lines Market in 2028 - Countries Offering Most New Opportunities
34.2 Finishing Lines Market in 2028 - Segments Offering Most New Opportunities
34.3 Finishing Lines Market in 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic and Forecast Inflation Rates
35.4. Research Inquiries
35.5. About the Analyst
35.6. Copyright and Disclaimer

Executive Summary

Finishing Lines Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on finishing lines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for finishing lines? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This finishing lines market global report answers all of these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Component: Pre-Treatment Plants; Ovens; Paint Booths; Conveyor Systems; Control Systems; Other Components

2) By Application: Automotive Parts; Engine and Motors; Electronics and Control Panels; Furniture; Machinery; Household Appliances; Other Applications

Companies Mentioned: Graco Inc.; J. Wagner GmbH; Nordson Corporation; Spray Equipment & Service Center Inc.; Wewin Finishing Equipments Private Limited

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Graco Inc.
  • J. Wagner GmbH
  • Nordson Corporation
  • Spray Equipment & Service Center Inc.
  • Wewin Finishing Equipments Private Limited
  • Reliant Finishing Systems LLC
  • Blasdel Enterprises Inc.
  • Crescent Bronze Powder Co. Inc.
  • Finish Line Industries Inc.
  • Industrial Finishes and Systems Inc.
  • Valmont Industries Inc.
  • Cornerstone Building Brands Inc.
  • Steel Technologies LLC
  • Precoat Metals Inc.
  • Worthington Industries Inc.
  • ABB Ltd.
  • Fives Group
  • Bühler Group
  • Eisenmann SE
  • Andritz AG
  • Cefla Finishing Group S.p.A.
  • Dürr AG
  • Valco Melton Inc.
  • Colordyne Technologies LLC
  • Komax Holding AG
  • X-Rite Incorporated
  • KraussMaffei Group GmbH
  • Körber AG
  • Marel hf.
  • LVD Company nv
  • Autoliv Inc.
  • Atlas Copco AB
  • Metso Outotec Corporation
  • Reiter Group GmbH
  • FANUC Corporation
  • Fette Compacting GmbH
  • Müller Martini Holding AG
  • Rittal GmbH & Co. KG
  • Bystronic Laser AG
  • Krones AG
  • Marabu GmbH & Co. KG
  • The Bradbury Co. Inc.

Methodology

Loading
LOADING...