Global Electroplating Market Growth Graph to Climb Uphill 2022-2028

Posted On April 22, 2022     

The worldwide Electroplating market will develop and grow at a steady pace in the next six years as estimated by a report recently published by Value Market Research. The market is primarily driven by rising demand for electronic devices and a growing telecommunications industry. The market also foresees growth due to the advantages of electroplating, which include corrosion protection, reduced friction and wear and tear among components, increased temperature resistance, and increased material hardness. Electroplating also improves the electrical conductivity of the substrate material, the strength of brittle materials, and the aesthetic appearance of the material by imparting shine and lustre, all of which are factors driving market demand. The electroplating process, however, is likely to limit market growth due to the release of harmful chemicals and gases. The introduction of the nanotechnology process in the metal finishing industry, on the other hand, is expected to generate potential demand in the near future.

Electroplating is the process of depositing metal on a metallic or non-metallic electrode through electrolysis in an electrolytic cell. It's an electrolysis-based process for coating a specific metal on another metal to improve the coated metal's corrosion resistance. It's also used as a decorative coating. Electrolysis' end-users also include the automotive, electrical, and electronics industries, aerospace and defence, jewellery, machinery parts and components, and home appliance industries.

The report "Global Electroplating Market Report By Type (Gold, Silver, Platinum, Nickel, Zinc, Chromium, Copper And Others), Application (Corrosion Protection, Decorative Coating, Electrical Applications And Others), End-User (Automotive, Electrical And Electronic, Aerospace And Defense, Jewellery, Machinery Parts And Components, Home Appliance And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" is a comprehensive set of data with market overview, executive summary and  detailed revenue analysis bifurcated by segments and regions. The study covers the historical trends along with the geo-economical conditions of the industry related to the Electroplating market, thus leading to a robust and reliable report

The following segments in the market are covered in the report:

By Type

  • Gold

  • Silver

  • Platinum

  • Nickel

  • Zinc

  • Chromium

  • Copper

  • Others

By Application

  • Corrosion Protection

  • Decorative Coating

  • Electrical Applications

  • Others

By End-User

  • Automotive

  • Electrical And Electronic

  • Aerospace And Defense

  • Jewellery

  • Machinery Parts And Components

  • Home Appliance

  • Others

The report is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Players Profiled In the Report:
Allied Finishing Inc., Interplex Industries Inc., J & N Metal Products LLC, Kuntz Electroplating Inc., Peninsula Metal Finishing Inc., Pioneer Metal Finishing (PMF), Roy Metal Finishing and Others.

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