Electroplating Market Research Report by Size, Share, Revenue, Drivers, Trends, Challenges, Opportunities, manufactures, Types, Applications

The Electroplating Market size is expected to grow from US$ 72,910.22 million in 2022 to US$ 99,807.73 million by 2030; it is estimated to register a CAGR of 4.0% from 2022 to 2030.

Increasing the adoption of plating on plastic due to technological advancement is anticipated to foster the market growth of electroplating. Emerging applications of plating on plastics provide an effective solution in a wide range of applications, especially in the automotive as well as the electronics industry. Furthermore, there is a high demand for plating on plastic in the automotive industry, owing to its lightweight, cost-effectiveness, and also corrosion resistance. Therefore, the mounting adoption of plating on plastic will favor market growth during the forecast timeframe.

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Analysis of the Top Market Players:

1. Allenchrome Electroplating Ltd
2. Atotech
3. Dr.-Ing. Max Schl?tter GmbH & Co. KG
4. Jing Mei Industrial Limited.
5. Klein Plating Works Inc
6. Precision Plating Company
7. Sharretts Plating Co., Inc.
8. Summit Corporation of America
9. Toho Zinc Co., Ltd
10. Cherng Yi Hsing Plastic Plating Factory Co.

In this report, the market has been segmented on the basis of:

Metal (Gold, Silver, Copper, Nickel, and Others)
Type (Barrel Plating, Rack Plating, Continuous Plating, and Line Plating)
End-Use Industry (Automotive, Electrical & Electronics, Aerospace & Defense, Medical, and Others)

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Additionally, the utilization of plastics in the automotive industry is rising to offer lightweight solutions. With the increasing popularity of plastic composites, the requirement for plating plastics with metals to enhance the appearance, as well as the quality of the material and providing electrical conductivity to a non-conductive plastic surface, is again expected to propel the market growth. There are basically two methods to plate plastic: one is to roughen the surface to allow the metal to adhere. Then electroplate over that layer to build up layers of metal. This process is named as electroless, auto-catalytic, or chemical plating. The second method is to apply conductive paint to the plastic, then electroplate it. Contribution from the global market players in plastic plating is also noticeable for this market. Global market players like DuPont is offering high-performing, environmental-friendly plating on plastic surfaces. DuPont's decades of expertise in surface preparation and investment in novel technology enable the development of value-added products and processes for plating of plastics.

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