Press release
Metal Plating and Finishing Market 2023: DowDuPont (the U.S.), Lincoln Industries (the U.S.), Pioneer Metal Finishing (the U.S.), Anoplate Corporation (the U.S.), Arlington Plating Company (the U.S.), Atotech (Germany)
Metal Plating and Finishing Market Research Report - Global Forecast to 2023
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Overview:
Industries often look out for materials with a long lifespan. In cases of metal, plating and finishing are of the utmost importance as they increase the longevity of components. In doing so, it brings down production cost and spurs the profit margin. This gives the metal plating and finishing market significant traction. The process involves adding of a thin layer of the metal coat which provides a smooth finish as well. As its benefits, the component receives features such as corrosion resistance, decorative appearance, and increased solderability.
The global metal plating and finishing market is responding well to the increased demand generated by industries and is touted to exceed a valuation of USD 11,490.7 million during the forecast period (2018-2023). The leap from its previous worth of USD 9,134.8 million in 2017 is expected to record a CAGR of 4.23% over the review period.
Market Research Future’s (MRFR’s) report on the metal plating and finishing market includes drivers that can impact the market in the coming years, segmental analysis, and profound insights by the market experts. End-user industries are going to play a pivotal role by generating demands for the metal plating and finishing industry. Among them, electrical & electronics, aerospace, medical, and automotive can be considered the most productive ones. These industries chiefly promote the segment in a bid to prevent adverse effects of oxidation, exposure to water & chemicals, high temperature or UV radiation, and provide resistance against abrasion.
In addition, metal plating & finishing segment can improve ductile strength. The construction sector is also reaping the benefits of the growing infrastructural activities in the region by providing them with this plating and finishing service.
In the automotive industry, manufacturing of various car parts such as shock absorbers, engine parts, gears, cylinders, brake calipers, anti-vibration components, piston rings, engine valves, emblems, front grills, plated aluminum wheels, fuel injection housing, and car door handles fuels demand for the metal plating & finishing market.
Along with it, the rise of the developing countries as automotive manufacturers is also impacting the metal plating & finishing market considerably.
On the flipside, gradual inclusion of plastic in the manufacturing process to reduce weight can be considered a deterrent for the metal plating & finishing market. However, the pull the segment is getting from the aerospace sector for its reliability can take the metal plating & finishing market out of any long-time plummet.
Segmentation:
Based on the type, the metal plating and finishing market can be segmented by metal plating, cleaning & surface preparation, finishing & protection, and others. Based on the material, the metal plating and finishing market includes zinc, nickel, gold, bronze, tin, and others. Based on the process, the metal plating and finishing market comprises electroplating and electroless plating. Based on the application, the metal plating and finishing market includes automotive components, machine components, aircraft components, medical components, and others.
Regional Segmentation:
Region-specific segmentation of the global metal plating and finishing market leads to North America, Europe, Asia Pacific (APAC), South America, and Middle East & Africa (MEA). North America is ahead of its peers and is expected to remain so during the forecast period. However, the APAC market is expected to champion the coming years in terms of CAGR and can soon overtake the North American market.
Key Competitors:
Valuable players profiled in the metal plating and finishing market for making significant contributions are DowDuPont (the U.S.), Lincoln Industries (the U.S.), Pioneer Metal Finishing (the U.S.), Anoplate Corporation (the U.S.), Arlington Plating Company (the U.S.), Atotech (Germany), Platform Specialty Products Corporation (the U.S.), CECO Environmental Corporation (the U.S.), Incertec (the U.S.), SPC (the U.S.), Coastline Metal Finishing (the U.S.), Dixie Industrial Finishing (the U.S), American Plating Company (the U.S.), Nassau Chromium Plating Co. (the U.S.), Ctech Metal Finishing Inc. (the U.S.), and others.
Access Full Report @ https://www.marketresearchfuture.com/reports/metal-plating-finishing-market-6998
Research Methodology:
The research, at its core, has the best-suited methodologies practiced by adroit research analysts of Market Research Future (MRFR) which results in the best possible report. As its founding stones, the report has two approving methodologies; primary and secondary. The primary method gathers data from interviews and discussions with eminent market influencers followed by an analysis and insights of the market.
The secondary method allows top-down and bottom-up approaches which offer a productive tour of the industry in brief. The report also contains a comprehensive examination of the market trends, factors, and expert inputs that secures an edge for the users over their peers.
Analysis Period
Base Year - 2017
Projection Period - From 2018 to 2023
Market Valuation - USD Million
Type
Metal Plating
Cleaning & Surface Preparation
Finishing & Protection
Others
Material
Zinc
Nickel
Gold
Bronze
Tin
Others
Process
Electroplating
Electroless Plating
Application
Automotive Components
Machine Components
Aircraft Components
Medical Components
Others
Region
North America
The U.S.
Canada
Mexico
Europe
Germany
The U.K.
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
ASEAN
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Egypt
The U.A.E.
Nigeria
Rest of Middle East & Africa
Intended Audience
Metal Plating & Finishing Chemical Producers
Metal Plating & Finishing Service Providers
Metal Plating Associations
Metal Plating Materials Producers
Metal Industries & Associations
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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