Market Overview:
The global electroplating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electroplated products from various end-use industries, such as automotive, electrical & electronics, aerospace & defense, jewellery and machinery parts & components. In addition, the growing awareness about corrosion protection and decorative finishes is also propelling the growth of this market. Based on type, the global electroplating market can be segmented into gold plating, silver plating copper plating nickel plating chromium plating and others. Among these segments, nickel plating is expected to witness highest growth during the forecast period owing to its properties such as resistance against corrosion and wear & tear. Based on application, automotive sector is projected to account for largest share in terms of revenue in 2018 followed by electrical & electronics sector. The increasing demand for automobiles across different regions coupled with rising adoption of advanced technologies in vehicles are some key factors driving this segment’s growth.
Product Definition:
The process of electroplating is the deposition of a thin layer of metal onto an object by means of an electric current. This is often done to improve the appearance or durability of the object.
Gold:
Gold is a soft, yellowish-white metal. It has excellent malleability and is a good conductor of electricity. Gold plating can be done by using various chemicals such as sodium or potassium cyanide or sulfuric acid. The gold plated object looks similar to the original one but it may have small differences in some areas which are not important for functionality purposes.
Silver:
Silver is a soft, bright metal with excellent electrical and thermal conductivity. Pure silver has a white-silvery appearance. It is the only metal to consist of an even number of electrons along with its extra electron shell. The combination of these properties makes it useful in various electroplating processes such as Ag plating, air plating, water (aqua)plating and solid (bronze) plating.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for vehicles across various regions, including China, India and Japan. Nickel and nickel based alloys are majorly used in automobile manufacturing owing to their low cost and high durability properties.
Electrical & electronics was another prominent application segment accounting for a significant volume share of the overall industry on account of growing demand from end-use industries such as telecommunication devices, consumer electronics etcetera.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 in terms of revenue owing to increasing foreign investments and rising industrial output in countries, such as China, India, Japan and South Korea. In addition, growing population coupled with rising disposable income levels will drive product demand further.
The growth can also be attributed to increasing government initiatives for infrastructure development along with an increase in manufacturing activities across various end-use industries including automotive and electrical & electronics industry which will propel market growth over the forecast period.
Growth Factors:
- Increasing demand from automotive and aerospace industries for electroplated coatings to improve corrosion resistance and aesthetic appearance.
- Growing popularity of nanotechnology-based electroplating processes that offer improved performance characteristics compared to traditional methods.
- Proliferation of new applications for electroplated coatings in medical devices, energy storage systems, and other high-tech sectors.
- Rising demand from developing countries for affordable metal plating services to meet the needs of their growing manufacturing sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electroplating Market Research Report
By Type
Gold, Silver, Copper, Nickel, Chromium
By Application
Automotive, Electrical & Electronics, Aerospace & Defense, Jewellery, Machinery Parts & Components
By Companies
Interplex Industries Inc., Roy Metal Finishing, Allied Finishing Inc., Peninsula Metal Finishing Inc., Atotech Deutschland GmbH, ASB Industries Inc., Kuntz Electroplating Inc., Interplex Industries Inc., Pioneer Metal Finishing, Birmingham Plating Co Ltd., NiCoForm Inc., Metal Surfaces Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electroplating Market Report Segments:
The global Electroplating market is segmented on the basis of:
Types
Gold, Silver, Copper, Nickel, Chromium
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical & Electronics, Aerospace & Defense, Jewellery, Machinery Parts & Components
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Interplex Industries Inc.
- Roy Metal Finishing
- Allied Finishing Inc.
- Peninsula Metal Finishing Inc.
- Atotech Deutschland GmbH
- ASB Industries Inc.
- Kuntz Electroplating Inc.
- Interplex Industries Inc.
- Pioneer Metal Finishing
- Birmingham Plating Co Ltd.
- NiCoForm Inc.
- Metal Surfaces Inc
Highlights of The Electroplating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gold
- Silver
- Copper
- Nickel
- Chromium
- By Application:
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Jewellery
- Machinery Parts & Components
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electroplating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electroplating is a process where an electrochemical reaction takes place between a metal and an electrolyte. The metal becomes coated with the electrolyte, which creates a new layer of metal on top.
Some of the key players operating in the electroplating market are Interplex Industries Inc., Roy Metal Finishing, Allied Finishing Inc., Peninsula Metal Finishing Inc., Atotech Deutschland GmbH, ASB Industries Inc., Kuntz Electroplating Inc., Interplex Industries Inc., Pioneer Metal Finishing, Birmingham Plating Co Ltd., NiCoForm Inc., Metal Surfaces Inc.
The electroplating market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electroplating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electroplating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electroplating Market - Supply Chain
4.5. Global Electroplating Market Forecast
4.5.1. Electroplating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electroplating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electroplating Market Absolute $ Opportunity
5. Global Electroplating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electroplating Market Size and Volume Forecast by Type
5.3.1. Gold
5.3.2. Silver
5.3.3. Copper
5.3.4. Nickel
5.3.5. Chromium
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electroplating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electroplating Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical & Electronics
6.3.3. Aerospace & Defense
6.3.4. Jewellery
6.3.5. Machinery Parts & Components
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electroplating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electroplating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electroplating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electroplating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electroplating Demand Share Forecast, 2019-2029
9. North America Electroplating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electroplating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electroplating Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical & Electronics
9.4.3. Aerospace & Defense
9.4.4. Jewellery
9.4.5. Machinery Parts & Components
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electroplating Market Size and Volume Forecast by Type
9.7.1. Gold
9.7.2. Silver
9.7.3. Copper
9.7.4. Nickel
9.7.5. Chromium
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electroplating Demand Share Forecast, 2019-2029
10. Latin America Electroplating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electroplating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electroplating Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical & Electronics
10.4.3. Aerospace & Defense
10.4.4. Jewellery
10.4.5. Machinery Parts & Components
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electroplating Market Size and Volume Forecast by Type
10.7.1. Gold
10.7.2. Silver
10.7.3. Copper
10.7.4. Nickel
10.7.5. Chromium
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electroplating Demand Share Forecast, 2019-2029
11. Europe Electroplating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electroplating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electroplating Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical & Electronics
11.4.3. Aerospace & Defense
11.4.4. Jewellery
11.4.5. Machinery Parts & Components
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electroplating Market Size and Volume Forecast by Type
11.7.1. Gold
11.7.2. Silver
11.7.3. Copper
11.7.4. Nickel
11.7.5. Chromium
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electroplating Demand Share, 2019-2029
12. Asia Pacific Electroplating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electroplating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electroplating Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical & Electronics
12.4.3. Aerospace & Defense
12.4.4. Jewellery
12.4.5. Machinery Parts & Components
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electroplating Market Size and Volume Forecast by Type
12.7.1. Gold
12.7.2. Silver
12.7.3. Copper
12.7.4. Nickel
12.7.5. Chromium
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electroplating Demand Share, 2019-2029
13. Middle East & Africa Electroplating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electroplating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electroplating Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical & Electronics
13.4.3. Aerospace & Defense
13.4.4. Jewellery
13.4.5. Machinery Parts & Components
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electroplating Market Size and Volume Forecast by Type
13.7.1. Gold
13.7.2. Silver
13.7.3. Copper
13.7.4. Nickel
13.7.5. Chromium
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electroplating Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Electroplating Market: Market Share Analysis
14.2. Electroplating Distributors and Customers
14.3. Electroplating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Interplex Industries Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Roy Metal Finishing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allied Finishing Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Peninsula Metal Finishing Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atotech Deutschland GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ASB Industries Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kuntz Electroplating Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Interplex Industries Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pioneer Metal Finishing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Birmingham Plating Co Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NiCoForm Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Metal Surfaces Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
