APAC Market Forecast
Asia Pacific abrasive blasting nozzles market is anticipated to hold a share of 37% during the forecast period. Additionally, due to the aggressive pursuit of construction activities in nations like China, India, and Southeast Asia, it is anticipated that it will become the regional market with the fastest rate of growth throughout the forecast period. For instance, China's construction industry experienced consistent growth, with total output valued at over 27.6 trillion yuan in 2021. As a result of China's increasing urbanization, the construction sector produced more than 31 trillion yuan that year. Over the course of the forecast period, the increased demand for abrasive blasting machines in key end-use sectors and industry verticals, including automotive and aerospace, as well as for industrial applications, is anticipated to further contribute to the expansion of the regional market.
European Market Statistics
Europe abrasive blasting nozzles market is expected to hold a share of 26% during the forecast period. Due to the increasing use of abrasive blasting equipment for both home and industrial purposes, the European market is expanding steadily. Some of the largest automakers in the area are based in nations like Germany, the United Kingdom, and Italy, and they use abrasive blasting equipment for a variety of tasks like rust removal, paint removal, and electroplating pre-treatment. Other end-use industries and industry verticals, such aerospace, oil and gas, and marine, are increasingly adopting this equipment, which is opening up huge growth opportunities for the local market. According to a report, the European Union produced about 16.7 million metric tons of oil in 2022. These factors are driving the market growth rapidly.
Author Credits: Shweta Patidar
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