Global Electroplating Market report from Global Insight Services is the single authoritative source of intelligence on Electroplating Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Electroplating is a process that uses electric current to reduce dissolved metal ions so that they form a thin coherent metal coating on an electrode. The process is used to coat metals with a thin layer of another metal. The resulting coated object is known as an electroplate.
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Key Trends
There are three key trends in electroplating technology:
1. Robotics and automation are increasingly being used in electroplating to improve efficiency and productivity. This trend is being driven by the need to reduce labor costs and improve quality control.
2. There is an increased focus on sustainability in the electroplating industry. This is due to the growing awareness of the environmental impact of the electroplating process. Companies are looking for ways to reduce the amount of waste produced and to use more environmentally friendly chemicals.
Key Drivers
The key drivers of the electroplating market are the increasing use of electroplating in the automotive industry and the growing demand for electroplating from the electronics industry.
The automotive industry is the largest end-user of electroplating, accounting for over 50% of the total demand. The growing demand for electroplated parts in automobiles is driven by the increasing use of light-weight materials, such as aluminum and magnesium, which require electroplating for corrosion resistance. In addition, the increasing demand for luxury and sports cars is driving the demand for electroplated parts, as these vehicles require a high level of finish and durability.
Market Segments
By Type
- Chromium
- Gold
By End Use
- Automotive
- Aerospace & Defense
- Jewelry
By Region
- North America
- The U.S.
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Key Players
- Atotech Deutschland GMBH
- Interplex Holdings Pte. Ltd
- Kuntz Electroplating Inc.
- Pioneer Metal Finishing Inc.
- Roy Metal Finishing Inc.
- Bajaj Electroplaters
- J & N Metal Products LLC
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