Precious Metal Plating Chemicals Market: Rising Demand for Precious Metal Plating Chemicals in the Aerospace Sector wit Top Competitors and Global Forecast to 2025

Global Precious Metal Plating Chemicals Market Research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps businesses in the decision-making process of planning and implementing strategies for their markets.

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Global Precious Metal Plating Chemicals Market accounted for USD 1.67 billion in 2017 and is projected to grow at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Precious Metal Plating Chemicals Market

Precious metal plating chemicals pass on some exceptional properties to the end product which benefits to serve various purposes in the end-user industries. For example, due to the heat shielding properties, the gold plating is considered as a suitable option for the high-temperature operations. There are two processes for the metal plating: electroless plating and electroplating. There is a growing demand for precious metal plating in aerospace, electrical and electronics, medical device, automotive, jewelry and hardware activates, which is expected to be one of the major drivers of the market over the next seven years.

Major Market Drivers:

• Rise in the applications of the precious metal plating chemicals
• Wide acceptance of plating metals on the plastic
• Rising demand for precious metal plating chemicals in the aerospace sector

Market Segmentation: Global Precious Metal Plating Chemicals Market

The precious metal plating chemicals market is segmented on the basis of chemical base metal into platinum, rhodium, gold, silver, palladium and others.
On the basis of product form, the market is segmented into solid/powder, solution/concentrate.
On the basis of end-user, the market is segmented into aerospace, electrical and electronics, medical device, automotive, jewelry, hardware and other.
On the basis of geography, the precious metal plating chemicals market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

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Competitive Landscape: Global Precious Metal Plating Chemicals Market

Global Precious Metal Plating Chemicals Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Global Precious Metal Plating Chemicals Market

Some of the major players in precious metal plating chemicals market:-

• Heimerle + Meule GmbH,
• JAPAN PURE CHEMICAL CO., LTD.,
• American Elements,
• Shaanxi Kaida Chemical Engineering Co., Ltd.,
• Metalor Technologies International SA,
• Heraeus Holding,
• MATSUDA SANGYO CO., LTD.,
• Superchem Finishers,
• SAXONIA Edelmetalle GmbH,
• UMA CHEMICALS,
• LEGOR GROUP S.p.A.,
• Johnson Matthey,
• Umicore, Robert Chemical Co., Inc.,
• Technic Inc.,
• Electrochemical Products,
• Grauer & Weil (India) Limited,
• Riko Chemicals Pvt. Ltd.,
• Micron Platers,
• Solar Applied Materials Technology Corporation, and many more.

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This release was published on openPR.