Global Electroplating Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021 to 2027

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Global Electroplating Market: By Metal Type (Platinum, Nickel, Gold, Chromium, Silver, Copper, Zinc and Others), By Application (Decorative Coating, Electrical applications, Corrosion Protection and Others), By End User (Aerospace and Defense, Electrical and Electronics, Automotive, Jewellery, Home Appliance, Machinery Parts and Others) and Geography

 

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Report

Description

Global Electroplating Market was valued at USD 12.79 Billion in 2020 and is projected to reach USD 15.98 Billion by 2027, growing at a CAGR of 2.95 % from 2021 to 2027. Electroplating is the process of plating metal onto another metal utilising hydrolysis to prevent corrosion or for ornamental purposes. This process is comparable to electroforming in that they both use an electro-deposition process and are classified as additive manufacturing. Metal plating is done by immersing the anode and cathode in a salt solution electrolytic bath, which also contains the metal to be plated. When a direct current is conducted through a solution, metal ions are transferred to the cathode surface, resulting in the electroplating process. Electroplating is commonly used to preserve components from corrosion and to restore older components to their original appearance. As a result, electroplating is crucial in the automotive industry. During the forecast period, rising demand in the automotive sector is leading to rising demand in the electroplating market. Electroplating puts a protective coating on a surface to reduce friction and prevent tarnishing. It also uses a thin, robust metal covering to protect the surface from wear and tear. The surface properties of an object are changed when a non-metallic surface is coated with metal. In addition to providing wear resistance, corrosion protection, and abrasion resistance, metal coatings are sometimes used to improve the appearance of components. Furthermore, electroplating can make low-cost metals appear to be of greater quality. Automobiles, aviation, electronics, leisure, and agricultural industries are all seeing an upsurge in their use of electroplating. As a result, demand for global electroplating is likely to increase over the forecast period. Increasing demand for this market from various end user sectors, growing demand for smart appliances such as smartphones, refrigerators are fuelling the market growth. However, a serious drawback of using electroplating is due to stringent regulations imposed by the government as it exhibits hazardous chemicals and gases during electroplating process into the atmosphere.

 


Electroplating Market

MARKET SUMMARY
-
2.95 %
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 2.95 %
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Electroplating Market

  • The report on global electroplating market gives historical, current, and future market sizes (US$ Bn) on the basis of metal type, application, end user and region.
  • This report studies global electroplating market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, global electroplating market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
  • Moreover, PBI analyzed global electroplating market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).
  • Key stakeholders of the global Electroplating market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global electroplating products.
Market Key Players
  • NiCoForm Inc.
  • Metal Surfaces Inc.
  • Kuntz Electroplating Inc
  • Interplex Holdings Pte. Ltd.
  • Estaadora S.A. de C.V.
  • Commercial Plating Company Inc.
  • Birmingham Plating Co. Ltd.
  • Atotech Deutschland GmbH
  • Allied Finishing Inc.
  • AJT Engineering Ltd
Growth

Electroplating Market

Benefits such as corrosion protection and aesthetic improvements have increased the demand for electroplating in the automotive industry. Automotive manufacturers began to place a stronger focus on corrosion protection. This led to the increased use of an automotive metal finishing technique called electroplating. Sharretts plating company is specialized in metal finishing for motorcycles and cars to provide a protective coating against corrosion. For many years, the company has provided effective plating solutions that are widely used throughout the automotive industry. There are a number of metals that are used when implementing electroplating as an automotive metal finishing technique.


Asia-Pacific Got Significant Share

Electroplating Market

Global Electroplating market report gives comprehensive outlook on Electroplating across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, Asia Pacific is the world's top producer of autos and electronics. India, China, Japan, South Korea, Thailand, and Indonesia account for a large portion of worldwide automobile production. During the projected period, this is likely to generate the most demand for electroplating in Asia Pacific. Furthermore, the rise of the aerospace industry in North America is expected to open up further chances for the electroplating business in the near future.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Key Findings of the Report

Electroplating Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Electroplating Market Introduction
    • Global Electroplating Market – Taxonomy
    • Global Electroplating Market –Definitions
      • Metal Type
      • Application
      • End-User
  1. Global Electroplating Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Electroplating Market Dynamic Factors – Impact Analysis
    • Global Electroplating Market – Competition Landscape
  2. Global Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Electroplating Market, By Metal Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Platinum
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Nickel
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Gold
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chromium
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Silver
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Copper
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Zinc
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Electroplating Market, By Application, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Decorative Coating
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrical applications
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Corrosion Protection
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Electroplating Market, By End User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Aerospace and Defense
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrical and Electronics
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automotive
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Jewellery
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Home Appliance
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Machinery Parts
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Electroplating Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
  2. North America Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Metal Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Platinum
      • Nickel
      • Gold
      • Chromium,
      • Silver
      • Copper
      • Zinc
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Decorative Coating
      • Electrical applications
      • Corrosion Protection
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerospace and Defense
      • Electrical and Electronics
      • Automotive
      • Jewellery
      • Home Appliance
      • Machinery Parts
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
    • North America Electroplating Market Dynamics – Trends
  3. Europe Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Metal Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Platinum
      • Nickel
      • Gold
      • Chromium,
      • Silver
      • Copper
      • Zinc
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Decorative Coating
      • Electrical applications
      • Corrosion Protection
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerospace and Defense
      • Electrical and Electronics
      • Automotive
      • Jewellery
      • Home Appliance
      • Machinery Parts
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
    • Europe Electroplating Market Dynamics – Trends
  4. Asia-Pacific Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Metal Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Platinum
      • Nickel
      • Gold
      • Chromium,
      • Silver
      • Copper
      • Zinc
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Decorative Coating
      • Electrical applications
      • Corrosion Protection
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerospace and Defense
      • Electrical and Electronics
      • Automotive
      • Jewellery
      • Home Appliance
      • Machinery Parts
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
    • Asia-Pacific Electroplating Market Dynamics – Trends
  5. Latin America Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Metal Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Platinum
      • Nickel
      • Gold
      • Chromium,
      • Silver
      • Copper
      • Zinc
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Decorative Coating
      • Electrical applications
      • Corrosion Protection
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerospace and Defense
      • Electrical and Electronics
      • Automotive
      • Jewellery
      • Home Appliance
      • Machinery Parts
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
    • Latin America Electroplating Market Dynamics – Trends
  6. Middle East and Africa Electroplating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Metal Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Platinum
      • Nickel
      • Gold
      • Chromium,
      • Silver
      • Copper
      • Zinc
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Decorative Coating
      • Electrical applications
      • Corrosion Protection
      • Others
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Aerospace and Defense
      • Electrical and Electronics
      • Automotive
      • Jewellery
      • Home Appliance
      • Machinery Parts
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Electroplating Market – Opportunity Analysis Index, By Metal Type, Application, End User and Region, 2019 – 2025
    • MEA Electroplating Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Instrument Portability & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • NiCoForm Inc. (USA)
      • Metal Surfaces Inc. (USA)
      • Kuntz Electroplating Inc (Canada)
      • Interplex Holdings Pte. Ltd. (Singapore)
      • Estaadora S.A. de C.V. (Mexico)
      • Commercial Plating Company Inc. (USA)
      • Birmingham Plating Co. Ltd. (UK)
      • Atotech Deutschland GmbH (Germany)
      • Allied Finishing Inc. (USA)
      • AJT Engineering Ltd (UK)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • NiCoForm Inc.
  • Metal Surfaces Inc.
  • Kuntz Electroplating Inc
  • Interplex Holdings Pte. Ltd.
  • Estaadora S.A. de C.V.
  • Commercial Plating Company Inc.
  • Birmingham Plating Co. Ltd.
  • Atotech Deutschland GmbH
  • Allied Finishing Inc.
  • AJT Engineering Ltd

Description

Global Electroplating Market was valued at USD 12.79 Billion in 2020 and is projected to reach USD 15.98 Billion by 2027, growing at a CAGR of 2.95 % from 2021 to 2027. Electroplating is the process of plating metal onto another metal utilising hydrolysis to prevent corrosion or for ornamental purposes. This process is comparable to electroforming in that they both use an electro-deposition process and are classified as additive manufacturing. Metal plating is done by immersing the anode and cathode in a salt solution electrolytic bath, which also contains the metal to be plated. When a direct current is conducted through a solution, metal ions are transferred to the cathode surface, resulting in the electroplating process. Electroplating is commonly used to preserve components from corrosion and to restore older components to their original appearance. As a result, electroplating is crucial in the automotive industry. During the forecast period, rising demand in the automotive sector is leading to rising demand in the electroplating market. Electroplating puts a protective coating on a surface to reduce friction and prevent tarnishing. It also uses a thin, robust metal covering to protect the surface from wear and tear. The surface properties of an object are changed when a non-metallic surface is coated with metal. In addition to providing wear resistance, corrosion protection, and abrasion resistance, metal coatings are sometimes used to improve the appearance of components. Furthermore, electroplating can make low-cost metals appear to be of greater quality. Automobiles, aviation, electronics, leisure, and agricultural industries are all seeing an upsurge in their use of electroplating. As a result, demand for global electroplating is likely to increase over the forecast period. Increasing demand for this market from various end user sectors, growing demand for smart appliances such as smartphones, refrigerators are fuelling the market growth. However, a serious drawback of using electroplating is due to stringent regulations imposed by the government as it exhibits hazardous chemicals and gases during electroplating process into the atmosphere.

 

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