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Electroplating Market estimated to be USD 18.97 Billion by 2030

11-22-2024 11:22 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Electroplating Market

Electroplating Market

The ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 15.54 Bn. in 2023. Global Electroplating Market size is expected to grow at a CAGR of 2.89 % through the forecast period.

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The electroplating market in India is witnessing significant growth, driven by the increasing demand across industries such as automotive, electronics, and consumer goods. Electroplating is employed for its ability to enhance the durability, appearance, and corrosion resistance of metal surfaces. With the expansion of manufacturing activities in India, the adoption of advanced electroplating techniques is on the rise, catering to a broad spectrum of applications, from decorative finishes to functional coatings. India's growing emphasis on industrialization and infrastructure development has created a favorable environment for the electroplating market.

๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž ๐ญ๐ก๐ž ๐๐ฎ๐š๐ฅ๐ข๐ญ๐ฒ ๐…๐ข๐ซ๐ฌ๐ญ๐ก๐š๐ง๐ - ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: https://www.maximizemarketresearch.com/request-sample/70625/ ๏ปฟ

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The thriving automotive industry in India is one of the primary drivers of the electroplating market. With increasing production and sales of vehicles, manufacturers are turning to electroplating for chrome finishes, corrosion resistance, and improved aesthetics. Furthermore, the growing demand for lightweight automotive components has led to a surge in plastic electroplating, enhancing the visual appeal and strength of vehicle parts while maintaining reduced weight.

Another significant driver is the booming electronics manufacturing sector in India. As the country becomes a hub for electronic device production, the need for durable and conductive plated components is growing. Electroplating provides the required durability and conductivity for critical components such as printed circuit boards (PCBs), connectors, and switches.

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

One of the prominent trends in the Indian electroplating market is the increasing adoption of environmentally sustainable practices. With stringent regulations on hazardous waste and emissions, industries are exploring eco-friendly plating alternatives, such as trivalent chromium and cyanide-free solutions. This shift is not only ensuring regulatory compliance but also appealing to environmentally conscious consumers and businesses. Technological advancements in electroplating processes are another key trend shaping the market.

๐‡๐š๐ฏ๐ž ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ? ๐–๐ž'๐ซ๐ž ๐‘๐ž๐š๐๐ฒ ๐ญ๐จ ๐‡๐ž๐ฅ๐ฉ - ๐€๐ฌ๐ค ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/inquiry-before-buying/70625/

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The growing demand for electric vehicles (EVs) in India presents a lucrative opportunity for the electroplating market. EV manufacturers require high-quality plated components to ensure optimal performance and corrosion resistance in battery connectors, terminals, and other critical parts. As India aggressively pushes for EV adoption, the need for advanced electroplating solutions is expected to soar. Additionally, the expansion of the infrastructure sector in India offers substantial opportunities for electroplating applications. With increased investments in railways, construction, and urban development, the demand for corrosion-resistant and durable metal coatings is on the rise.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

The northern region of India, particularly areas like Haryana and Punjab, is emerging as a key hub for electroplating activities due to the presence of numerous automotive and industrial manufacturing units. These states are home to large-scale production facilities that extensively use electroplating for both decorative and functional purposes, driving regional growth in the market. In contrast, the southern region of India, with its robust electronics manufacturing sector, particularly in Tamil Nadu and Karnataka, is also a significant contributor to the electroplating market. The high concentration of technology parks and electronic device manufacturing plants in these areas has spurred the demand for precision plating solutions.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐“๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐˜๐จ๐ฎ ๐๐ฎ๐ฒ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/70625/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Barrel Plating
Rack Plating
Continuous Plating
Line Plating

by Metal

Standard Metals
Precious Metals
Alloys

by Application

Automotive
Electrical & Electronics
Aerospace & Defense
Industrial Machinery
Jewelry
Medical

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1 Atotech (Germany)
2 Sharretts Plating Company (US)
3 Sheen Electroplaters Pvt Ltd (India)
4 Allenchrome (England)
5 Summit Corporation of America (US)
6 Precision Plating Co. (US)
7 TOHO ZINC CO.LTD (Japan)
8 Dr.-Ing. Max Schlรถtter GmbH & Co. KG (Germany)
9 Klein Plating WorksInc (US)
10 Jing-Mei Industrial Ltd. (Hong Kong)
11 Allied Finishing (US)
12 Cherng Yi Hsing Plastic Plating Factory Co.Ltd (China).

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-electroplating-market/70625/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Electroplating Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Electroplating Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Phosphorus Acid Market https://www.maximizemarketresearch.com/market-report/global-phosphorous-acid-market/16103/

โ™ฆ Lignin Market https://www.maximizemarketresearch.com/market-report/lignin-market/13321/

โ™ฆ Expanded Polypropylene Foam market https://www.maximizemarketresearch.com/market-report/global-expanded-polypropylene-foam-market/93313/

โ™ฆ Golf Equipment Market https://www.maximizemarketresearch.com/market-report/global-golf-equipment-market/94361/

โ™ฆ Drug Discovery Services Market https://www.maximizemarketresearch.com/market-report/global-drug-discovery-services-market/6672/

โ™ฆ Factory Automation Market https://www.maximizemarketresearch.com/market-report/global-factory-automation-market/63386/

โ™ฆ Pressure Sensitive Adhesives Market https://www.maximizemarketresearch.com/market-report/global-pressure-sensitive-adhesives-market/27427/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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