Chemical Milling Market Scope
The chemical milling process uses chemicals rather than cutting tools to etch shapes in metal. Dependent on the design of the part & desired volume of parts necessary, chemical milling is an economical machining option, and it is regularly used for a wide number of applications. Chemical milling is a subtractive manufacturing process, where chemicals are used instead of cutting tools. This is used for the removal of surface-related materials of parts after which chemical etching is made. Chemical milling usually involves a series of five steps including cleaning, masking, scribing, etching, as well as demasking. This is useful for creating parts including sinks, haptics, and filters. Chemical milling process is ideally suited for metals like, niobium, titanium, and copper, but can be used for wide range of metals including copper and aluminum.
According to AMA, the Global Chemical Milling market is expected to see growth rate of 6.1%
In January 2019, Veco BV got approved as an environmentally conscious company by 'De Omgevingsdienst Regio Nijmegen (ODRN) that grants permits and engages with supervision & enforcement at Seveso III companies in The Netherlands. Research Analyst at AMA estimates that Italian, United Kingdom, and United States Vendors will contribute to the maximum growth of Global Chemical Milling market throughout the predicted period.
Great Lakes Engineering, Inc. (United States), Tech Etch Inc. (United States), United Western Enterprises Inc. (United States), VACCO Industries Inc. (United States), Lancaster Metals Science Co. (United States), Tech Met, Inc. (United States), Orbel Corporation (United States), Precision Micro Ltd. (United Kingdom), Veco BV (The Netherlands) and Micro Etch Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Advanced Chemical Etching Ltd (ACE) (United Kingdom), Newcut (United States) and Chemical Machining (Italy).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Chemical Milling market by Type (Steel Chemical Etched Part, Copper Chemical Etched Part, Brass Chemical Etched Part and Aluminum Chemical Etched Part) and Region with country level break-up.
On the basis of geography, the market of Chemical Milling has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Drivers
- High Use of Chemical Milling in the Manufacture of Integrated Circuits and Microelectromechanical Systems
- High Investments in the Aerospace Sector
Opportunities
- Growing Production and Sales of Automotive in Emerging Markets
- Noteworthy Investments in R&D Activities in the Medical Sector
Restraints
- Traditional Machine Processes Such as CNC Machining, Stamping, and Pressing.
Key Target Audience
Chemical Milling Providers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others