Global Electroplating Overview 2020: Global Opportunities, Regional Overview, Top Leaders, Size, Revenue 2027
Market
Overview
The Global
Electroplating Market is projected to be valued at over USD 19.8 billion by the
end of 2025 at a CAGR of around 4% during the forecast period. The prominent
factor favoring the growth of the global market is the burgeoning demand for
metal-plated components in the automotive industry. Electroplating is the
preferred process for metal-plating in the automotive industry. Moreover, the
surging demand for metal-plated plastics in the manufacturing of various
interior and exterior automobile parts such as grilles, light bezels,
wheels, emblems, door handles, gear shift knobs, and bumpers is likely to
propel the market growth during the review period.
Competitive
Analysis
The leading players in the
global electroplating market are Precision Plating Co. (US), Atotech
(Germany), Sharretts Plating Company (US), TOHO ZINC CO., LTD (Japan), Dr.-Ing.
Max Schlötter GmbH & Co. KG (Germany), Summit Corporation of America (US),
Klein Plating Works, Inc (US), Jing Mei Industrial Ltd. (Hong Kong), Cherng Yi
Hsing Plastic Plating Factory Co., Ltd (China)Allied Finishing (US),
Allenchrome (England), and Sheen Electroplaters Pvt Ltd (India).
Table Of Contents
1 Executive Summary
2 Scope Of The
Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research
Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Factor
Analysis
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Service Providers Of
Electroplating
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
Merchants
4.1.4 End-Use Industries
4.2 Porter’s Five Forces Model
4.2.1 Threat Of New Entrants
4.2.2 Intensity Of Competitive Rivalry
4.2.3 Threat Of Substitutes
4.2.4 Bargaining Power Of Suppliers
4.2.5 Bargaining Power Of Buyers
4.3 Pricing Analysis
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Market
Segmentation
The global electroplating
market has been categorized on the basis of metal, type, end-use industry, and
region.
By metal, the global market
has been divided into standard metals, precious metals, and alloys. The
standard metals segment is further categorized into tin, copper, zinc,
chromium, and others. The precious metals segment is further sub-segmented into
gold, silver palladium, platinum, and others. The standard metals segment held
the largest share of the market in 2018, with copper being the most widely used
metal owing to high electrical conductivity. Additionally, it offers
excellent corrosion resistance, which is essential in heat transfer
applications. Chromium plating is majorly used for decorative applications in
the automotive industry. The precious metals segment is expected to exhibit
high growth in the coming years on account of the rising demand for gold and
palladium in the electronics and automotive industries.
On the basis of type, the
global electroplating market has been classified into barrel plating (mass
plating), rack plating, continuous plating, line plating, and others. The
barrel plating segment held the largest market share owing to the high plating
efficiency, lower equipment cost than the other plating systems, and its
ability to process a wide variety of parts using the same equipment.
Based on end-use
industry, the global electroplating market has been categorized into
automotive, electrical & electronics, industrial machinery, jewelry,
aerospace & defense, medical, and others. The automotive industry is
expected to be the leading segment during the forecast period. This is mainly
attributed to the widespread use of electroplating to deliver corrosion
resistant finished components as well as enhance the appearance of the finished
parts, such as under-the-hood components, chassis hardware, power steering
systems, brake systems, and many others.
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