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Electroplating Market Professional Survey and Latest Ongoing Development Trends

01-06-2021 07:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Electroplating Market

Electroplating Market

Electroplating process is the surface engineering which involves deposition of a metal over the surface of another metal. Electroplating provides numerous benefits such as protection of surface from corrosion and enhancing the aesthetics of the products. Moreover, electroplating has witnessed a gain in demand from automobile industry owing to the focus on rapid advancements for augmenting the durability of the components.

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The global electroplating market has witness a surge in market growth in terms of revenue in recent past years, owing to the surge in demand for good metal finishing for products in manufacturing, electronics, automobiles and aircraft industry. Rising demand for high-performance metals for electroplating has been sustaining the development for electroplating processes in the automotive industry in recent past years.

On the basis of metal type, the global electroplating market is bifurcated in to gold, copper, nickel, silver, zinc, chromium and others. Manufacturers in varipous end-use industry are encouraging the use of Electroplating in order to reduce the cost by avoiding huge spending on expensive materials. This scenario is projected to fuel the market growth in forthcoming years.

Detailed Segmentation:

Global Electroplating Market, By Metal Type:
Gold
Silver
Copper
Nickel
Chromium
Zinc
Others (Cadmium, Tin, etc.)

Global Electroplating Market, By End-use Industry:
Automotive
Electrical & Electronics
Aerospace & Defence
Jewellery
Machinery Parts & Components
Others (Silverware, Optics, Home Appliance, Healthcare, etc.)

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Key players active in the global electroplating market are Allied Finishing Inc., Atotech Deutschland GmbH, Interplex Holdings Pte. Ltd., Kuntz Electroplating Market Inc., Peninsula Metal Finishing Inc., Pioneer Metal Finishing, Roy Metal Finishing, Sharretts plating Co. Inc., J & N Metal Products LLC, and Bajaj Electroplaters

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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