Market Overview:
The global lead free plating chemicals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lead free plating chemicals from various end-use industries, such as automotive, aviation, electronic and medical. In addition, the growing awareness about the harmful effects of lead has led to an increase in demand for lead free plating chemicals across the globe. The global lead free plating chemicals market is segmented on the basis of type and application. On the basis of type, it is segmented into tin-silver and tin-based chemistries. Tin-silver chemistries are further subsegmented into trivalent silver (Ag3Sn), tetravalent silver (Ag4Sn) and other types of tin alloys containing silver elements. Tin chemistries are further subsegmented into stannous chloride (SnCl2) and stannous sulfate (SnSO4). On the basis of application, it is segmented into automotive, aviation, electronic equipment & components manufacturing medical devices & implants other applications including hardware tools & cutlery among others).
Product Definition:
Lead free plating chemicals are used to plate metals without the use of lead. This is important because lead is a toxic metal that can cause health problems in people who are exposed to it. Lead-free plating chemicals are therefore preferable for use in workplaces and other areas where people may be exposed to them.
Tin-Silver:
Tin-silver is a combination of tin and silver. It has high corrosion resistance properties as compared to pure tin or pure silver. The product finds application in various end-use industries including automotive, electrical & electronics, medical devices, aerospace & defense and industrial machinery among others. Tin-silver plating solution is used for electroplating nickel, copper alloys and other metals which are prone to wear& tear along with providing protection against corrosion.
Tin:
Tin is a chemical element that is a member of the periodic table. It has 60 different forms and can be extracted from ores such as cerussite, pyrite, and galena. Tin can be found in most of the common metals on earth including lead, copper, nickel & zinc but it is mostly found in combination with other metals such as silver & gold. The average content of tin in any metal is generally less than 1%.
Application Insights:
Automotive, aviation and electronics are the major application areas of lead-free plating chemicals. In automotive industry, it is used in engine parts such as valve covers, air intake manifolds and fuel caps. In addition to that, it is also used for decorative purposes on vehicle exteriors. The use of lead-free alternatives has increased significantly over the past few years owing to their superior properties including higher corrosion resistance compared to traditional coatings.
The medical segment held the largest market share in 2017 due to increasing demand for biocompatible coatings from various end-use industries such as healthcare and food processing equipment which require a coating that does not contain any harmful elements like lead or cadmium which can cause harm if consumed by patients or employees respectively.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global production of lead and about 70% of global consumption. China, India, Japan, South Korea, Taiwan are major countries in this region which have a high demand for these chemicals owing to their growing manufacturing sector.
The Asia Pacific has been witnessing strong economic growth with rising disposable income leading to an increasing number of cars on roads and highways across countries such as China and India.
North America is expected to be one of fastest-growing regions due to increasing automotive sales coupled with aviation industry expansion plans across U.S.
Growth Factors:
- Increasing demand from end-use industries: The lead free plating chemicals market is expected to grow in the coming years owing to the increasing demand from end-use industries such as automotive, electronics, and aerospace. This is due to the stringent environmental regulations imposed by various governments across the globe for reducing lead emissions.
- Rising awareness about health hazards associated with lead: There has been a rising awareness among consumers about the health hazards associated with lead and its exposure. This is driving them towards using products that are devoid of this metal, which is benefiting the growth of the lead free plating chemicals market.
- Technological advancements in plating processes: The technological advancements in plating processes are aiding in improving product quality and efficiency while reducing manufacturing costs simultaneously. This is resulting in an increase in adoption of these technologies by various manufacturers, thereby propelling growth of the global lead free plating chemicals market .
- . Growing popularity of nanotechnology-based coatings: Nanotechnology-based coatings are gaining popularity owing to their superior properties such as corrosion resistance, scratch resistance, and low friction coefficient. They are being increasingly used for coating a wide range of substrates including metals, plastics, ceramics etc., thereby boosting growth prospects for Lead Free Plating Chemicals market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Lead Free Plating Chemicals Market Research Report
By Type
Tin-Silver, Tin
By Application
Automobile, Aviation, Electronic, Medical, Other
By Companies
Mitsubishi Materials, Honeywell Electronic Materials, Pure Technologies, Duk San Hi Metal, Teck Resources, Indium, Alpha Assembly Solutions, FCT Solder, Mitsubishi Materials
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Lead Free Plating Chemicals Market Report Segments:
The global Lead Free Plating Chemicals market is segmented on the basis of:
Types
Tin-Silver, Tin
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
Automobile, Aviation, Electronic, Medical, 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:
- Mitsubishi Materials
- Honeywell Electronic Materials
- Pure Technologies
- Duk San Hi Metal
- Teck Resources
- Indium
- Alpha Assembly Solutions
- FCT Solder
- Mitsubishi Materials
Highlights of The Lead Free Plating Chemicals 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:
- Tin-Silver
- Tin
- By Application:
- Automobile
- Aviation
- Electronic
- Medical
- 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 Lead Free Plating Chemicals 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?
Lead free plating chemicals are those that do not contain lead.
Some of the key players operating in the lead free plating chemicals market are Mitsubishi Materials, Honeywell Electronic Materials, Pure Technologies, Duk San Hi Metal, Teck Resources, Indium, Alpha Assembly Solutions, FCT Solder, Mitsubishi Materials.
The lead free plating chemicals market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lead Free Plating Chemicals 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 Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size & Forecast, 2018-2028
4.5.1 Lead Free Plating Chemicals Market Size and Y-o-Y Growth
4.5.2 Lead Free Plating Chemicals Market Absolute $ Opportunity
Chapter 5 Global Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Type
5.2.1 Tin-Silver
5.2.2 Tin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Aviation
6.2.3 Electronic
6.2.4 Medical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lead Free Plating Chemicals 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 Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Analysis and Forecast
9.1 Introduction
9.2 North America Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Type
9.6.1 Tin-Silver
9.6.2 Tin
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 Lead Free Plating Chemicals Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Aviation
9.10.3 Electronic
9.10.4 Medical
9.10.5 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 Lead Free Plating Chemicals Analysis and Forecast
10.1 Introduction
10.2 Europe Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Type
10.6.1 Tin-Silver
10.6.2 Tin
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 Lead Free Plating Chemicals Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Aviation
10.10.3 Electronic
10.10.4 Medical
10.10.5 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 Lead Free Plating Chemicals Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Type
11.6.1 Tin-Silver
11.6.2 Tin
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 Lead Free Plating Chemicals Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Aviation
11.10.3 Electronic
11.10.4 Medical
11.10.5 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 Lead Free Plating Chemicals Analysis and Forecast
12.1 Introduction
12.2 Latin America Lead Free Plating Chemicals 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 Lead Free Plating Chemicals Market Size Forecast by Type
12.6.1 Tin-Silver
12.6.2 Tin
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 Lead Free Plating Chemicals Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Aviation
12.10.3 Electronic
12.10.4 Medical
12.10.5 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) Lead Free Plating Chemicals Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lead Free Plating Chemicals 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) Lead Free Plating Chemicals Market Size Forecast by Type
13.6.1 Tin-Silver
13.6.2 Tin
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) Lead Free Plating Chemicals Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Aviation
13.10.3 Electronic
13.10.4 Medical
13.10.5 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 Lead Free Plating Chemicals Market: Competitive Dashboard
14.2 Global Lead Free Plating Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Materials
14.3.2 Honeywell Electronic Materials
14.3.3 Pure Technologies
14.3.4 Duk San Hi Metal
14.3.5 Teck Resources
14.3.6 Indium
14.3.7 Alpha Assembly Solutions
14.3.8 FCT Solder
14.3.9 Mitsubishi Materials
