Australia market for metals coatings and mechanical engineering increased by 48% over 2000 to 2010
Coating of Metals and Mechanical Engineering in Australia: ISIC 2892 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-01 18:17:03
Over 2000-2010 the Australian market for coating of metals and mechanical engineering grew by 48%, or 4% annually on average, to reach A$1billion by the end of the latter year. Virtually all of market value was generated by business buyers. Mechanical engineering is applied in a wide range of industry categories, including minerals processing, chemical processing, pharmaceutical, oil and gas, automotive, aviation, communications, health, road and rail transport, shipbuilding, defence, agriculture and food processing industries.
Metallic coatings are deposited by electroplating, electroless plating, spraying, hot dipping, chemical vapour deposition and ion vapour deposition. Some important coatings are cadmium, chromium, nickel, aluminium and zinc.
The growth of the market for coating of metals and mechanical engineering was uneven year-on-year, with the highest indicator of 21% in 2001. However, the economic downturn of 2009 made the market size shrink by a significant 8%.
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