The Electroplating Market Size was esteemed at over USD 14.1 billion every 2019 and is projected to enlist a CAGR of around 3% during the figure time frame, 2021-2027.
Electroplating is the process of plating a metal onto another metal using hydrolysis to prevent corrosion of the metal or for decorative purposes. This process is similar to the electroforming process because it works through an additive manufacturing process and an electrodeposition process. Metal plating is performed by immersing the anode and cathode in an electrolyzer made of a salt solution containing the metal to be plated. When direct current flows through the solution, metal ions move to the surface of the cathode, and electroplating proceeds. Electroplating is widely used to protect components from corrosion and to refurbish old components to look like new. Therefore, electroplating plays an important role in the automotive sector.
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Market Segments
Electroplating Market, By Type
• Gold
• Nickel
• Copper
• Silver
• Chromium
• Zinc
• Others
Electroplating Market, By End-Use
• Automotive
• Electrical & Electronics
• Aerospace & Défense
• Jewellery
• Machinery Parts & Components
• Others
Key Players
- Atotech (Germany)
- Sharretts Plating Company (US)
- Sheen Electroplaters Pvt Ltd (India)
- Allenchrome (England)
- Summit Corporation of America (US)
- Precision Plating Co. (US)
- TOHO ZINC CO., LTD (Japan)
Scope of the Report
The research study analyzes the global Electroplating industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Electroplating Market is available at: https://www.orionmarketreports.com/electroplating-market/62410/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Electroplating Market Report
1. What was the Electroplating Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Electroplating Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Electroplating Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Electroplating market.
- The market share of the global Electroplating market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Electroplating market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Electroplating market.
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