openPR Logo
Press release

Electroplating Market Intelligence Report Offers Growth Prospects

03-08-2017 08:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Electroplating Market Intelligence Report Offers Growth

Over the forecast period of 2016-2026, the global market for electroplating will expand at a modest CAGR of 3.7% as strict environmental regulations will continue curtailing the use of this plating technique around the world. The US$ 14.6 billion market for electroplating is projected to rake in revenues worth over US$ 21 billion by 2026 end.

According to Future Market Insights,

Global demand for electroplating will continue to be adversely impacted by the stern laws & regulations imposed by several governments on large scale industrialisation of electroplating techniques. Global environmental legislations such as the Restriction of Hazardous Substance (RoHS) are prohibiting the adoption of electroplating due to ecological adversities caused by disposal as well as undue exposure to toxic metals such as lead or cadmium during in plating processes.

Electroplating market in developed regions such as North America and Western Europe has reached maturity or a state of equilibrium after witnessing stagnancy in terms of growth in technological innovation and the supply-demand chain. Over the forecast period, growth in electroplating revenues in several parts of the world is projected to be a sluggish pace – below 5% CAGR.

According to a recent study published by Future Market Insights, titled “Electroplating Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” projects that the global market for electroplating will incur impressive expansion in the Asia-Pacific excluding Japan (APEJ) region. Towards the close of 2026, revenues from the APEJ electroplating market are projected to surpass US$ 5 billion, exhibiting an increment at a 4.6% CAGR over the period. While the APEJ region is predicted to account for about 25% of global electroplating revenues, North America and Western Europe will continue to be at the forefront as leading regions. By 2020, North America is estimated to close in on amassing US$ 4.4 billion revenues from electroplating, while the global presence of Western Europe’s electroplating market is anticipated to suffer a dip, gradually, over the forecast period.

Request For Report Sample:

Automotive and Electronics – Two Major End-Users of Electroplating

Manufacturers of electronic products and electrical devices & components are obligated to use electroplating techniques for coherently coating metal surfaces. The rate at which electronic products are being sold in the world effectuates a robust growth in demand for electroplating services. In 2016 and beyond, more than one-third of the global electroplating revenues have been estimated to be procured from electronics & electrical industries in the world. Automotive industries have instated units dedicated for surface-coating purposes, a majority of which are expected to use electroplating methods for covering vehicles’ bodies with a layer of non-corrosive and rust-proof materials. Automotive end-use of electroplating will showcase a lucrative incremental opportunity of an estimated US$ 2.05 billion between 2016 and 2026.

Key Electroplating Metals – Nickel, Gold & Copper

While volatility in the price of raw metals continues to levy an undulating impact on the growth of global electroplating market, consumers will not cease to prefer products coated with a metallic lustre of their choice. Gold is one of the most prominent metal being electroplated in multiple industrial applications. High yet fluctuating costs of gold, coupled with the growing demand for gold-plated electronic devices and wearable accessories will add nearly US$ 5 billion revenues in the global electroplating market towards the end of the assessment period. However, the demand for copper and nickel as raw metals for electroplating is projected to surge at a faster pace, reaching a combined global market value share of more than 60% through 2026.

Send An Enquiry:

Global Electroplating Market: Key Companies

In order to churn the “mature” state of electroplating market in developed as well as developing regions, companies offering electroplating services must boost the influx of technological innovations. Companies providing electroplating services can use smart control systems to regulate the plating & processing cycles, thereby lowering emissions and saving energy during idle times. Measures as such can collectively limit the environmental imprint of electroplating services and regain the market potential which is being mapped by electroless-nickel plating and other alternative plating methods. Companies such as Kuntz Electroplating Market Inc. Interplex Holdings Pte. Ltd., Pioneer Metal Finishing, and Sharretts plating Co. Inc. are recognised for being leading electroplating service providers in the world. Other players in the global electroplating market, profiled in the report, include, Allied Finishing Inc., Atotech Deutschland GmbH, J & N Metal Products LLC, Bajaj Electroplaters, Peninsula Metal Fishing Inc., and Roy Metal Finishing.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electroplating Market Intelligence Report Offers Growth Prospects here

News-ID: 461182 • Views: 370

More Releases from Future Market Insights

The German Tortilla Mix Market is estimated to grow at a CAGR of 4.7% by 2023 to …
In 2023, the market share of tortilla mix was estimated to be worth US$ 12.23 billion. By 2033, it was estimated to be worth US$ 23.18 billion. This is expected to further boost the market share of the tortilla mix and generate a CAGR of 6.6%. The nutritional benefits of tortillas have become increasingly popular in both developed and developing countries. At the same time, a growing number of people are
Asian pacific Sheep Shearing Equipment Market was valued at US$ 91.4 Million by …
The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period. Shearing machinery is used on farms to cut or remove wool from sheep's bodies. The exceptional qualities of this equipment have increased demand. The need for sheep shearing equipment is growing since regular shearing is necessary to keep
The UK Stock Tank Market was valued at US$ 499.2 Million by the time of 2033
A CAGR of 6.5% is predicted for the global stock tank market over the forecast period. The market is anticipated to increase from US$ 2.82 Bn in 2023 to US$ 5.30 Bn by 2033. The stock tank business has recently seen tremendous demand. The summer has grown more challenging for both humans and animals due to global warming. To save the farm animals and combat the heat, farms are installing stock tank pools significantly. Increasing demands for increased
By 2032, the Egg Albumin Protein Market is expected to be worth US$ 2.88 Billion
According to a recent report published by Future Market Insights, sales of egg albumin protein are estimated to reach a valuation of US$ 2.88 Bn by 2032, surging at 7.3% CAGR during the forecast period of 2022 to 2032. Egg albumin protein is absorbed by the blood and is used to separate proteins. It is expected to gain high popularity across the globe, especially in the sports nutrition sector owing to its ability

All 5 Releases

More Releases for Electroplating

Global Electroplating Industry Analysis By Geography
Stratistics MRC's Electroplating Market report explains company profiling, key segments, market trends, top players and regional, country-level segments. Electroplating is a method of plating one metal onto others via hydrolysis. It is a well-liked metal final process used in an extensive range of industries for diverse applications to build thickness, lend surface properties, enhanced durability, protect the substrate from corrosion and harsh environment, and improves appearance, this provides a electrical conductivity,
2028 Electroplating Industry Report Growth Forecasts
Stratistics MRC's Global Electroplating Market value expected to reach $20.62 billion growing at a CAGR of 4.9% during 2020-2028. Electroplating is a method of plating one metal onto others via hydrolysis. It is a well-liked metal final process used in an extensive range of industries for diverse applications to build thickness, lend surface properties, enhanced durability, protect the substrate from corrosion and harsh environment, and improves appearance, this provides a electrical
Electroplating Market | Allied Finishing Inc., Atotech Deutschland GmbH, Interpl …
A detailed report on Global Electroplating providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Electroplating , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production, revenue, and
Global Electroplating Chemicals Market 2020
The latest version of the 2020 market study on Electroplating Chemicals Market comprising 161 with market data Tables, Charts, Graphs, and Figures which are easy to understand with showcased in-depth analysis. The report forecast global Electroplating Chemicals market to grow to reach xx Million USD in 2020 with a CAGR of xx% during the period 2020-2026. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values
Electroplating Market continuous to increase by 2024
The "Electroplating Market is growing at a CAGR of around 3.8% by 2026: Zion Market Research" report has been added to Zion Market Research offering. (Sample Copy Here) The global Electroplating Market report offers the important data related to the global Electroplating Market along with dominant players in the market. It highlights the information about the industries and market, technologies, and abilities over the trends and the developments of
Electroplating Market - Forecasts from 2017 to 2022
Knowledge Sourcing Intelligence announces the publication of a new report: Electroplating Market - Forecasts from 2017 to 2022 The Electroplating market is driven by growth in the manufacturing industry, rising demand for consumer goods with good metal finishing, expanding demand for automobiles and aircraft, and surging electronics industry. This report segments Electroplating market by By Type of Metal(Gold,Silver, Platinum, Rhodium, Aluminum, Chromium, Nickel, Copper and Others), By Type of Plating(Mass Plating, Rack