Electroplating Market Size, Share, Growth, Forecast 2030

Electroplating Market

Electroplating Market: by Metal Type (Gold, Nickel, Copper, Silver, Chromium, Zinc, and Others), by End-Use Industry (Automotive, Electrical & Electronics, Aerospace & Defense, Jewelry, Machinery Parts & Components, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-4936 Published Date: Oct-2019 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD xx Million USD xx Million xx% 2022

The global electroplating market size was worth around $ xx Million in 2022 and is predicted to grow to around $ xx Million by 2030 with a compound annual growth rate (CAGR) of roughly xx% between 2023 and 2030.

The report analyzes the global electroplating market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the electroplating industry.

Electroplating Market: Overview

The global electroplating market is expected to register a considerable growth rate over the forecast period. Electroplating is most commonly used for decorative purposes or to prevent corrosion of a metal. It is a process of plating one metal plate onto another by the technique of hydrolysis. Some of the specific types of electroplating are silver plating, copper plating, and chromium plating. Electroplating finds a variety of applications in electrical & electronics, machinery parts, automotive, and aerospace & defense industries. Heavy demand for electroplating from the electrical & electronics industry, especially in manufacturing of components in televisions, refrigerators, and air conditioners are expected to propel the growth of the electroplating market.

However, governments of several regions are imposing certain regulations on the electroplating process due to the emission of harmful chemicals & gases, which get released in the atmosphere. This factor is likely to hinder the market growth over the forecast years.

Based on the metal type, global electroplating market has been classified into gold, nickel, copper, silver, chromium, zinc, and others. The largest market share was held by the gold segment in 2018. This segment is expected to continue its dominance over the forecast period. Gold electroplating has applicationsthe especially in jewelry and others, including electrical connectors and printed board circuits. Growing demand for decorative metal finishing with gold along with rising disposable income is expected to fuel the demand for the segment over the forecast period.

Electroplating Market: Report Scope

Report Attributes Report Details
Report Name Electroplating Market Research Report
Market Size in 2022 USD xx Million
Market Forecast in 2030 USD xx Million
Growth Rate CAGR of xx%
Number of Pages 210
Key Companies Covered Superchem Finishers, Metalor Technologies International SA, Heimerle+meule GmbH, Sharrets Plating Co., Inc., Peninsula Metal Finishing, Inc., J&N Metal Products LLC, Bajaj Electroplaters, Roy Metal Finishing, Inc., Pioneer Metal Finishing, Kuntz Electroplating, Inc., Interplex Holdings, Pte. Ltd., Atotech Deutschland GmbH, and Allied Finishing, Inc
Segments Covered By Metal Type, By End-Use and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2016 to 2020
Forecast Year 2022 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The global electroplating market is segmented into automotive, electrical & electronics, aerospace & defense, jewelry, machinery parts & components, and others on the basis of end-use industry. In the global electroplating market, the automotive segment accounted for the largest market share in 2018. This segment is expected to gain considerable traction in the forecast timeline owing to its utilization in automotive components for optimal protection against wear & corrosion. For instance, zinc-nickel plating has been widely used for advanced protection from excessive heat and corrosion resistance.

Electroplating Market: Competitive Analysis

The electroplating market is associated with major players including Superchem Finishers, Metalor Technologies International SA, Heimerle+meule GmbH, Sharrets Plating Co., Inc., Peninsula Metal Finishing, Inc., J&N Metal Products LLC, Bajaj Electroplaters, Roy Metal Finishing, Inc., Pioneer Metal Finishing, Kuntz Electroplating, Inc., Interplex Holdings, Pte. Ltd., Atotech Deutschland GmbH, and Allied Finishing, Inc. The major policies implemented by these leading companies in the market are recent developments, new product launches, collaborations, and mergers & acquisitions. These companies are aiming more on investment in expansions, partnerships, and innovations to increase their market share.

Electroplating Market: Regional Analysis

Based on the region, the global electroplating market has been segmented into Europe, North America, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific contributed to the largest market share in 2018 and is expected to show remarkable growth over the forecast period.

Global Electroplating Market ShareRequest Free Sample

Owing to the rising production facilities of various industrial sectors, especially in the electronics and semiconductors industry coupled with rapid urbanization, the demand for the market is expected to grow considerably in the region over the forecast years.

This report segments the global electroplating market as follows:

Global Electroplating Market: Metal Type Segment Analysis

  • Gold
  • Nickel
  • Copper
  • Silver 
  • Chromium
  • Zinc
  • Others

Global Electroplating Market: End-Use Industry Segment Analysis

  • Automotive
  • Electrical & Electronics
  • Aerospace & Defense
  • Jewelry
  • Machinery Parts & Components
  • Others

Global Electroplating Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Electroplating is a process in which a thin layer of metal is deposited onto the surface of an object (known as the substrate or workpiece) through an electrochemical reaction. This process is commonly used to enhance the appearance, provide corrosion resistance, improve wear resistance, and alter other surface properties of the substrate material. Electroplating is widely employed in various industries, including automotive, electronics, jewelry, aerospace, and manufacturing.

The industrial sector, including automotive, electronics, aerospace, and manufacturing, drives a significant portion of the demand for electroplating. As these industries grow and evolve, the demand for plated components, such as automotive parts, electronics components, and precision components, may increase.

The global electroplating market size was worth around $ xx Million in 2022 and is predicted to grow to around $ xx Million by 2030

with a compound annual growth rate (CAGR) of roughly xx% between 2023 and 2030.

Based on the region, the global electroplating market has been segmented into Europe, North America, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific contributed to the largest market share in 2018 and is expected to show remarkable growth over the forecast period. Owing to the rising production facilities of various industrial sectors, especially in the electronics and semiconductors industry coupled with rapid urbanization, the demand for the market is expected to grow considerably in the region over the forecast years.

The electroplating market is associated with major players including Superchem Finishers, Metalor Technologies International SA, Heimerle+meule GmbH, Sharrets Plating Co., Inc., Peninsula Metal Finishing, Inc., J&N Metal Products LLC, Bajaj Electroplaters, Roy Metal Finishing, Inc., Pioneer Metal Finishing, Kuntz Electroplating, Inc., Interplex Holdings, Pte. Ltd., Atotech Deutschland GmbH, and Allied Finishing, Inc.

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