Electroplating Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 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).  

 

Browse Full Report Details @    https://www.marketresearchfuture.com/reports/electroplating-market-8130

 

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.

  

Request For Sample Report Here @     https://www.marketresearchfuture.com/sample_request/8130

 

 

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US) 

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

Read More Related Article:

https://www.marketresearchfuture.com/reports/thermal-ceramics-market-9514

 

https://www.marketresearchfuture.com/reports/cosmetic-antioxidants-market-9824

 

https://www.marketresearchfuture.com/reports/glass-flake-coatings-market-6159

 

https://www.marketresearchfuture.com/reports/liquid-waste-management-market-8345

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more