The growing awareness among the regional governments about the environmental benefits of renewable energy solutions will have a positive influence on Sandblasting Media Market demand, owing to the increasing use of sandblasting methods for providing a coating over gas turbine buckets and solid oxide fuel cell components. As per a report compiled by Global Market Insights, Inc., by the end of 2024, overall fuel cell market will generate revenue of USD 6 billion while gas turbine market will surpass installation capacity of 34 GW. The increasing investment in gas turbine and fuel cell based energy generation alternatives will thus generate lucrative opportunities for the players in sandblasting media market.
All in all, the increasing use of sandblasting methods across prominent end-use sectors will prove to be revenue generating opportunity for the biggies in sandblasting media market. The development of new and advanced sandblasting techniques and their surging adoption across myriad domains will further stimulate product demand over the years ahead. For the record, sandblasting media market is anticipated to surpass a valuation of USD 12 billion by the end of 2025.
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Over the last few years, the increasing use of air freights for transportation and tourism have encouraged many countries to invest in the development of aircraft. The surging development of aircrafts has also been positively influencing other inter-related industrial contenders such as engine manufacturers, infotainment suppliers, and many more.
With regards to the manufacturing and maintenance of aircraft engines, it is prudent to mention that currently, the automatic abrasive blast cleaning process is being robustly used for cleaning vanes and fan blades of aircraft engine, owing to the time saving and ergonomically efficient methodology of the process. It is thus rather evident that the adoption of highly efficient blasting processes will impact sandblasting media market size.
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Based on volume, metalworking segment will capture over 20% of the sandblasting media market share. The marine segment is said to poise slightly lesser than USD 2 billion by 2025 owing to huge application of the product in vessel cleaning & surface preparation, cleaning of non-metallic surfaces, removal of barnacles, removing mill scale, corrosion, casting dirt, heat treatment work piece, and reinstating paint grain pattern. The aerospace segment sandblasting media market revenue will capture a share of around 10% by the end of 2025.
As aircraft engines require a more precise design, aircraft engine manufacturers have been prominently giving preference for robotic sandblasting systems that will considerably augment the market share. In addition to aircraft engine development, sandblasting process has been extensively used across aerospace sector for manufacturing wheels, airfoils, wings ribs and skins which would also serve to impel the product demand.
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Considering volume, Europe, led by Germany, will exhibit growth in revenue with a CAGR of close to 6%. The North America steel shot sandblasting media market was registered at over USD 300 million in 2017 and will capture close to USD 550 million by the end of 2025.
The sandblasting media market is highly fragmented due to presence of medium scale service providers. The key players are leveraging on mergers and acquisition activities to attain a dominant market share. Major players in the market includes, Saint Gobain ceramics material, ABShot Tecnics, Abrasives Inc. Barton International, Synco Industries, Blastech, Opta Minerals, Paul Auer, Naxos Diskus Schleifmittelwerke, Harsco Metals & Minerals to name some.
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