Market Overview:
The global electroless plating materials and services market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electroless plating materials and services in the automotive industry, chemical industry, oil industry, electronics industry, aerospace industry, machining industry and other industries. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Electroless plating is a type of electroplating that does not require an external electric current to form a coating on the surface being plated. Instead, an autocatalytic reaction between the substrate and reducing agent in the bath produces a metallic film. Electroless plating is used to deposit thin films of nickel, gold, silver and other metals on plastic or metal parts for engineering applications. It is also used as a final finish for decorative items such as jewelry.
Medium-Phosphorus Electroless Nickel:
Nickel is an alloy of pure nickel and metals such as copper, zinc or iron. It has applications in electrical contacts, stainless steel substitutes and superalloys. Nickel has high thermal stability and low electrical conductivity which makes it a suitable material for electroless plating. Electroless nickel finds its application in the automotive industry where it is used on various parts including batteries & switches, chassis components & engine parts to improve corrosion resistance properties of the metal surface coating.
Low-Phosphorus Electroless Nickel:
Low-Phosphorus Electroless Nickel (LPN) is a unique electroless plating formulation that contains an optimized ratio of soluble phosphates, stabilizers and other additives to provide the best possible performance in terms of low-phosphorus coating on metal surfaces. The product has been developed by specialty chemicals company CorrosionX over a decade ago as an alternative to conventional high phosphorus electroplating solutions.
Application Insights:
The automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The rising demand for nickel-based alloys from this industry is anticipated to be a key factor driving product demand over the forecast period. In addition, increasing use of electroless nickel in various components including engine parts, fasteners, and wires & cables is projected to propel market growth during the estimated time span.
Electronics industry emerged as another significant end-use segment for these products with around 15% of global consumption going into electronics annually since 2016.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing production and consumption of automobiles in this region. In addition, rising disposable income coupled with expanding population will drive demand for consumer electronics, which in turn will propel industry growth over the next eight years.
North America was estimated as one of the largest markets for electroless materials and services in 2016 owing to high demand from various end-use industries such as automotive, oil & gas, aerospace etc. However, stringent environmental regulations by EPA are anticipated to hamper industry expansion over a projected period from 2017 to 2030 (see Table 1).
The U.S., being a major automobile manufacturing hub has witnessed an increase in vehicle production post Covid19 events across North America (see Table 2).
Growth Factors:
- Increasing demand from the automotive and electronics industries for electroless plating materials and services due to their superior properties such as corrosion resistance, wear resistance, and electrical conductivity.
- Growing popularity of nanotechnology-based electroless plating materials and services that offer improved performance over traditional methods.
- Rising investment in research and development activities for the development of new electroless plating materials and processes that can be used in a variety of applications.
- Proliferation of online platforms that provide information on the latest developments in electroless plating technology, helping small businesses to adopt these technologies at a lower cost.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electroless Plating Materials and Services Market Research Report
By Type
Medium-Phosphorus Electroless Nickel, Low-Phosphorus Electroless Nickel, High-Phosphorus Electroless Nickel, Electroless Copper, Electroless Composites
By Application
Automotive Industry, Chemical Industry, Oil Industry, Electronics Industry, Aerospace Industry, Machinery Industry, Other
By Companies
MacDermid, Atotech, Aalberts Surface Treatment, Japan Kanigen, Collini, Okuno chemical industries, Coventya, TANAKA (EEJA), Argos, Thermocompact, KC Jones Plating, Micron, PacTech, Advanced Surface Technologies, NiTEC, UYEMURA, Q & M, ENSOO, GS Chemistry, Success Technology, HLHC
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Electroless Plating Materials and Services Market Report Segments:
The global Electroless Plating Materials and Services market is segmented on the basis of:
Types
Medium-Phosphorus Electroless Nickel, Low-Phosphorus Electroless Nickel, High-Phosphorus Electroless Nickel, Electroless Copper, Electroless Composites
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 Industry, Chemical Industry, Oil Industry, Electronics Industry, Aerospace Industry, Machinery Industry, Other
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:
- MacDermid
- Atotech
- Aalberts Surface Treatment
- Japan Kanigen
- Collini
- Okuno chemical industries
- Coventya
- TANAKA (EEJA)
- Argos
- Thermocompact
- KC Jones Plating
- Micron
- PacTech
- Advanced Surface Technologies
- NiTEC
- UYEMURA
- Q & M
- ENSOO
- GS Chemistry
- Success Technology
- HLHC
Highlights of The Electroless Plating Materials and Services 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:
- Medium-Phosphorus Electroless Nickel
- Low-Phosphorus Electroless Nickel
- High-Phosphorus Electroless Nickel
- Electroless Copper
- Electroless Composites
- By Application:
- Automotive Industry
- Chemical Industry
- Oil Industry
- Electronics Industry
- Aerospace Industry
- Machinery Industry
- Other
- 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 Electroless Plating Materials and Services 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?
Electroless plating is a process that uses an electric current to deposit a metal on the surface of another material. This can be used to create decorative or functional objects. Electroless plating services can also be used to restore or protect metals against corrosion.
Some of the major companies in the electroless plating materials and services market are MacDermid, Atotech, Aalberts Surface Treatment, Japan Kanigen, Collini, Okuno chemical industries, Coventya, TANAKA (EEJA), Argos, Thermocompact, KC Jones Plating, Micron, PacTech, Advanced Surface Technologies, NiTEC, UYEMURA, Q & M, ENSOO, GS Chemistry, Success Technology, HLHC.
The electroless plating materials and services market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electroless Plating Materials and Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electroless Plating Materials and Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electroless Plating Materials and Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electroless Plating Materials and Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electroless Plating Materials and Services Market Size & Forecast, 2018-2028
4.5.1 Electroless Plating Materials and Services Market Size and Y-o-Y Growth
4.5.2 Electroless Plating Materials and Services Market Absolute $ Opportunity
Chapter 5 Global Electroless Plating Materials and Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electroless Plating Materials and Services Market Size Forecast by Type
5.2.1 Medium-Phosphorus Electroless Nickel
5.2.2 Low-Phosphorus Electroless Nickel
5.2.3 High-Phosphorus Electroless Nickel
5.2.4 Electroless Copper
5.2.5 Electroless Composites
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electroless Plating Materials and Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electroless Plating Materials and Services Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Chemical Industry
6.2.3 Oil Industry
6.2.4 Electronics Industry
6.2.5 Aerospace Industry
6.2.6 Machinery Industry
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electroless Plating Materials and Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electroless Plating Materials and Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electroless Plating Materials and Services Analysis and Forecast
9.1 Introduction
9.2 North America Electroless Plating Materials and Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electroless Plating Materials and Services Market Size Forecast by Type
9.6.1 Medium-Phosphorus Electroless Nickel
9.6.2 Low-Phosphorus Electroless Nickel
9.6.3 High-Phosphorus Electroless Nickel
9.6.4 Electroless Copper
9.6.5 Electroless Composites
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electroless Plating Materials and Services Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Chemical Industry
9.10.3 Oil Industry
9.10.4 Electronics Industry
9.10.5 Aerospace Industry
9.10.6 Machinery Industry
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electroless Plating Materials and Services Analysis and Forecast
10.1 Introduction
10.2 Europe Electroless Plating Materials and Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electroless Plating Materials and Services Market Size Forecast by Type
10.6.1 Medium-Phosphorus Electroless Nickel
10.6.2 Low-Phosphorus Electroless Nickel
10.6.3 High-Phosphorus Electroless Nickel
10.6.4 Electroless Copper
10.6.5 Electroless Composites
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electroless Plating Materials and Services Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Chemical Industry
10.10.3 Oil Industry
10.10.4 Electronics Industry
10.10.5 Aerospace Industry
10.10.6 Machinery Industry
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electroless Plating Materials and Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electroless Plating Materials and Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electroless Plating Materials and Services Market Size Forecast by Type
11.6.1 Medium-Phosphorus Electroless Nickel
11.6.2 Low-Phosphorus Electroless Nickel
11.6.3 High-Phosphorus Electroless Nickel
11.6.4 Electroless Copper
11.6.5 Electroless Composites
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electroless Plating Materials and Services Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Chemical Industry
11.10.3 Oil Industry
11.10.4 Electronics Industry
11.10.5 Aerospace Industry
11.10.6 Machinery Industry
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electroless Plating Materials and Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Electroless Plating Materials and Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electroless Plating Materials and Services Market Size Forecast by Type
12.6.1 Medium-Phosphorus Electroless Nickel
12.6.2 Low-Phosphorus Electroless Nickel
12.6.3 High-Phosphorus Electroless Nickel
12.6.4 Electroless Copper
12.6.5 Electroless Composites
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electroless Plating Materials and Services Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Chemical Industry
12.10.3 Oil Industry
12.10.4 Electronics Industry
12.10.5 Aerospace Industry
12.10.6 Machinery Industry
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electroless Plating Materials and Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electroless Plating Materials and Services Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electroless Plating Materials and Services Market Size Forecast by Type
13.6.1 Medium-Phosphorus Electroless Nickel
13.6.2 Low-Phosphorus Electroless Nickel
13.6.3 High-Phosphorus Electroless Nickel
13.6.4 Electroless Copper
13.6.5 Electroless Composites
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electroless Plating Materials and Services Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Chemical Industry
13.10.3 Oil Industry
13.10.4 Electronics Industry
13.10.5 Aerospace Industry
13.10.6 Machinery Industry
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electroless Plating Materials and Services Market: Competitive Dashboard
14.2 Global Electroless Plating Materials and Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MacDermid
14.3.2 Atotech
14.3.3 Aalberts Surface Treatment
14.3.4 Japan Kanigen
14.3.5 Collini
14.3.6 Okuno chemical industries
14.3.7 Coventya
14.3.8 TANAKA (EEJA)
14.3.9 Argos
14.3.10 Thermocompact
14.3.11 KC Jones Plating
14.3.12 Micron
14.3.13 PacTech
14.3.14 Advanced Surface Technologies
14.3.15 NiTEC
14.3.16 UYEMURA
14.3.17 Q & M
14.3.18 ENSOO
14.3.19 GS Chemistry
14.3.20 Success Technology
14.3.21 HLHC
