New Research on Polishing Market Forecasts Healthy Growth in Next 5 Years
Chicago, IL -- (SBWIRE) -- 05/25/2017 -- According to the new press release, "Polishing Market by Type (Auto Polishing, Marine Polishing, Aircraft Polishing, Metal Polishing, Ophthalmic Lens Polishing, Display Polishing, Crystal Polishing, Other Polishing Types), End-User (Residential, Commercial, Industrial) – Global Opportunity Analysis and Industry Forecast", published by Scalar Market Research, the global polishing market was valued at over US$ 69.12 Billion in 2016, and it expected to surpass US$ 91.25 Billion at a CAGR of 4.7% during the forecast period (2016-2022).
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The global polishing market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.
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Key findings of the report:
1. The growth in this market is mainly attributed to growing purchase of vehicle. This will increase the investment of owners towards vehicle maintenance, in turn, augmenting the growth of the polishing market.
2. Furthermore, the availability of different channels such as private owners, franchised dealers, and independent dealers and the increasing penetration of the online platform will also drive the market growth.
3. On the other hand, outdating technologies & systems, capital intensity and stringent regulatory policies are some of the restraining factors of the polishing market.
Detailed Segmentation of Polishing Market
The report segments the global polishing market by type, end-user and geographical regions. Based on type, the report segments the global polishing market into Auto Polishing, Marine Polishing, Aircraft Polishing, Metal Polishing, Ophthalmic Lens Polishing, Display Polishing, Crystal Polishing, and other Polishing Types. On the basis of end-user type, the report segments the global polishing market into Residential, Commercial, and Industrial. Regionally, the report segments the global polishing market into North America, Europe, Middle East & Africa, Asia-Pacific and Latin America.
Browse Report Summary: https://www.scalarmarketresearch.com/market-reports/polishing-market
Key Topics Covered:
5.Polishing Market, By Type
6.Polishing Market, By End-User
7.Polishing Market, By Geography
Key Market Players
2.Praxair Technology, Inc.
3.Universal Photonics, Inc.
4.Demeter Technologies, Inc.
5.Micro Abrasives Corporation
About Scalar Market Research
Scalar Market Research, Inc. is a Chicago, US-based market research and consulting company serving Fortune 1000 companies, leading businesses and upcoming organizations from around the world in achieving their business goal of sustainable revenue growth, utilizing Scalar's premium market research reports and consulting services. Scalar Market Research is a portfolio company of ALCOR GROUP, a U.S.-based Mergers & Acquisitions giant with immense experience and connection with more than 1500 global funds which include leading Angel, VC, PE, Hedge, LBO, and Buyout Funds.
Scalar's real-time industry data tracking, with the help of advanced analytics and machine learning, offers our clients highly accurate 360-degree perspective of key developments in niche markets. Our team of industry experts, with a thorough understanding of global markets and cumulative industry experience spanning 100+ years, works relentlessly to help our clients realize their most important business goals..
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