Surface Preparation Machine Market: Global Opportunity Analysis and Industry Forecast, 2022-2029 Market

Surface preparation is the process of the treatment of any surface by increasing the adhesive strength of the surface. It might be a chemical process or a mechanical process. It is done to clear out the residue, organic matter, and other contaminants from the surface of steel, concrete, wood, and plastic. Surface preparation machines are used to remove any imperfection in the floor surface like floor stains. These machines are categorized into various types such as floor grinder, tile removers, and floor polishing machine.

COVID-19 scenario analysis:

• The demand for the surface preparation machine is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand from construction industries.
• COVID-19 pandemic has halted the production of various products in the surface preparation machine industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of surface preparation machine market significantly from last few months, as is likely to continue during 2020.
• COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth throughout the year. 
• The major demand for equipment and machinery was previously noticed from giant manufacturing countries, including the U.S., Germany, Italy, the UK, and China, which is negatively affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
• Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

An increase in population that increases the demand for more number of commercial and residential buildings is becoming the major growth driver for surface preparation machines as it will be used for the treatment of floors in this sector. An increasing growth for the automated surface machines also acts as the growth driver for surface preparation machines market. Further, rise in usage of surface machines in industries like oil and gas, aerospace and automobile have contributed significant growth to market of surface preparation machines. In addition, it is also used in plastic bonding by making the surface wet and by adjoining the plastic parts by increasing the surface adhesion. 

Asia-Pacific region countries like in India and china construction activities are increasing which tends to drive the surface preparation machine market. However there additional cost to prevent failure of equipment and the maintenance cost can hamper the growth of surface preparation machine market. Contrarily, demand from the industrial sector and technological advancements in machines provide new pathways for surface preparation machine market.

New product launches to flourish the market

The launch of the new generation technologically advanced products can boost the growth of the market. In the past few years, many such products having unique features that were launched in the market. In August 2019, HTC one of the global leader from Taiwan in surface preparation machines like floor polishing and floor grinding machine has launched a new product HTC 510 floor grinder. It consists of four grinder and four dust extractors. It is used in polishing and grinding concrete, stones and wood. It has a grinding width of 515mm with a power range of 2 kW to 4 kW. This is a new generation surface preparation machine, very compatible, and offers cost and energy-saving benefits.

High demand from applications :

Nowadays manufacturers are producing new products based on the interests of the customers.  The surface preparation machine are generally used in polishing of concrete floors in the commercial and residential buildings. Further coating in the metal and nonmetallic surfaces in automotive industries using surface preparation machines also drives the surface preparation machine market. One of the leading manufacturer BLASTRAC, uses the blast cleaning machine a type of surface preparation machine for throwing a large amount of small steel particles into the concrete floor surface, thus creating a metallic coating over the non-metallic surfaces. Other application include removal of tiles from the floor surfaces.

Key benefits of the report:

• This study presents the analytical depiction of the surface preparation machine market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the surface preparation machine market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the surface preparation machine market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in the coming years.  

 Surface Preparation Machine Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights