Global Electroplating Share, Size , Growth Opportunities, Global Competition Strategies, Statistics, Industry Trends, Revenue Analysis, Key Players, Regional Analysis by Forecast to 2027
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