Metal Stamping Market Value Chain Analysis and Forecast up to 2026

Metal Stamping Market: Overview

Metal stamping is the process of using stamping presses, i.e. machinery fitted with dies, to provide three-dimensional shapes to sheet metals such as stainless steel, aluminum, zinc, and copper. These shaped metals are then used in various big and small products, ranging from pots and pans to automotive parts and large machineries. Metal stamping is an industrial process. It is replacing several existing metal forming processes such as die casting and forging due to advantages such as low production costs owing to high production rate. Other benefits include creation of stronger and more durable products.

Metal Stamping Market: Key Segments

The global metal stamping market can be segmented based on type of machine, application, end-user industry, and region.

Stamping machines or presses occupy considerable floor space in a factory. Its basic operation is to ram a metal die arm downwards toward a lower die with the aim and force of shaping, cutting, or working on a metal sheet. The powering mechanism of the machine depends upon the type of the machine. Essentially, metal stamping presses can be mechanical, hydraulic, or servo. Mechanical stamping press operates on motor-driven flywheels, while hydraulic press uses water pressure. Customized servo motors are also used to power stamping presses.

Metal Stamping Market: Drivers & Restraints

Metal stamping is carried out using various functions such as blanking, punching, metal tooling, coining, embossing, and deep drawing. The production of metal shape can involve one, several, or all of the functions.

Blanking is a task, wherein a metal workpiece is removed from the primary metal sheet by ramming the die arm into the metal sheet. The removed piece of metal can either be a new workpiece or a blank. Similarly, the punching process is used to punch holes of required size, shape, quantity, and design into metal sheets. Blanks as well as metals removed to make holes can be recycled into other products.

Metal tooling involves several steps to produce metal components according to customized specifications of clients. Production can also be assisted by software in case of extreme precision requirements. Deep drawing is another process, wherein software, in the form of CAD/CAM computer generated drawing, is used to manufacture three-dimensional objects. Embossing is the process used to stamp a design into the metal from the back, resulting in a raised pattern on the front of the piece. Coining is a pressing task to stamp intricate details into the metal sheet. Other functions include shaving, trimming, forming, and swaging.

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Metal Stamping Market: Regional Outlook

These tasks lead to the manufacture of products used in various industries such as transportation, electrical & electronics, consumer goods, telecommunication, and industrial machinery. In terms of region, the metal stamping market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The metal stamping market is directly affected by the amount of manufacturing that takes place in a region or country. Asia Pacific is a hub for metal stamping.

Metal Stamping Market: Key Players

Large numbers of companies provide metal stamping services. These are spread across various regions and have varying degrees of reach and expertise. Major metal stamping market include HTT Inc., Brandauer, Nelson-Miller, Alcoa, Thyssenkrupp, and American Axle & Manufacturing.

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Website: http://www.transparencymarketresearch.com/Transparency Market Research (TMR) observes that the global leather chemicals market is highly competitive owing to the presence of a number of players operating in the global market. Some of the prominent players operating in the global leather chemicals market are Wei Tai Leather Co. Ltd., BASF SE, DyStar Singapore Pte Ltd. Clariant International Ltd., and Rock Chemie Co. In order to remain dominant in the global market for leather chemicals, these players are increasingly taking part into strategies such as a merger, acquisition, and partnerships. Additionally, numerous new entrants are struggling to enter into the market. Vendors in the leather chemical are trying to develop innovative and more eco-friendly products.

According to TMR, the leather chemicals market is expected to expand with CAGR of 6.10% over the forecast period from 2014 to 2020 to attain a value of US$8.19 bn from the value of US$5.43 bn in 2013. Based on the product, tanning and dyeing chemicals segment accounted for largest share of around 40% in the overall leather chemicals market in 2013. Based on the region, Asia Pacific region dominated the global market by accounting for 40% shares in terms of volume.

Growing Inclination toward High-Quality Leather to Boost Growth

Increasing demand for the high-quality leather product is projected to boost uptake of leather chemicals in order to improve the quality of leather. Leather chemicals are used in different stages of the production process of leather. These premium leather products increasingly adopted from numerous end-use industries such as footwear, furniture, garments, and interiors of automotive. Especially, the automotive market in the developing countries such as China, India, and Brazil is expected to boost growth of the market over the forecast period.

Additionally, the availability of the abundant raw material, especially in the Asia Pacific, is encouraging numerous players to expand their production in the Asia Pacific. This factor is expected to influence positively on growth of the global leather chemicals market. Furthermore, growth of the leather chemicals directly depends on the emergence of the footwear and automotive industries. The factors such as increasing disposable income are boosting demand for luxury goods. This trend for buying luxury goods is expected to continue over the forecast period which is likely to bolster growth of the global leather chemicals market.

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Risk of Possible Side Effects to Hamper Growth

Despite the growth prospects, numerous governments are imposing stringent regulations on the uptake of the harmful chemicals with possible side effects such as lung cancer and respiratory disorders are hampering growth of the global leather chemicals market. Additionally, competition among the local players primarily operating in the Asian countries is restraining growth of the global lather chemicals market. Moreover, growing substitutes for leather chemicals is also posing as a challenge to the growth of the global leather chemicals market.

Nonetheless, growing research and development (R&D) activities in order to develop the eco-friendly products and numerous industries are increasingly preferring the eco-friendly products. These R&D activities and new innovative products are expected to create lucrative opportunities for growth by the end of forecast period.

About us:

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact us:

Transparency Market Research

90 State Street,

Suite 700,

Albany

NY – 12207

United States

Tel: +1-518-618-1030

USA – Canada Toll Free 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/

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