+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Electroplating - Global Strategic Business Report

  • PDF Icon

    Report

  • 577 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1206761
The global market for Electroplating is estimated at US$18.0 Billion in 2023 and is projected to reach US$26.0 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the electroplating market is driven by several factors. Firstly, the increasing demand for corrosion-resistant and wear-resistant coatings in the automotive and aerospace industries is a significant driver. Secondly, advancements in electroplating technology and the development of environmentally friendly processes are enhancing the appeal and adoption of electroplating. Thirdly, the growing electronics industry and the need for reliable and conductive coatings in electronic components are boosting market growth.

Additionally, the rising demand for decorative finishes in consumer goods and jewelry is driving the use of electroplating. Furthermore, stringent regulations and standards for surface finishing and environmental protection are encouraging the adoption of advanced electroplating processes. Lastly, the expansion of manufacturing activities and the need for high-quality surface treatments are creating new opportunities for electroplating services.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Barrel Plating segment, which is expected to reach US$11.0 Billion by 2030 with a CAGR of a 5.9%. The Rack Plating segment is also set to grow at 5.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $4.5 Billion in 2023, and China, forecasted to grow at an impressive 6.9% CAGR to reach $4.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electroplating Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electroplating Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electroplating Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Allenchrome Electroplating Ltd, Allied Finishing, Inc., Atotech Deutschland GmbH, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 203 Featured):

  • Allenchrome Electroplating Ltd
  • Allied Finishing, Inc.
  • Atotech Deutschland GmbH
  • Bajaj Electroplaters Private Limited
  • Cherng Yi Hsing Plastic Plating Factory Co., Ltd
  • Dr.-Ing. Max Schlötter GmbH & Co. KG
  • Estañadora S.A. de C.V.
  • Heimerle + Meule GmbH
  • Interplex Holdings Pte. Ltd.
  • J&N Metal Products LLC
  • Jing Mei Industrial Limited
  • Klein Plating Works, Inc.
  • Kuntz Electroplating Inc. (KEI)
  • Metal Surfaces, Inc.
  • NiCoForm Inc.
  • Pioneer Metal Finishing, LLC
  • Precision Plating Co.
  • Roy Metal Finishing, Inc.
  • Sharretts Plating Co., Inc.
  • Sheen Electroplaters Pvt Ltd.
  • SIFCO Applied Surface Concepts Group
  • Summit Corporation of America
  • TOHO ZINC CO., LTD.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • Competitive Scenario
  • Vendors Bet on Organic & Inorganic Tactics to Stay Afloat in Fragmented Electroplating Market
  • Electroplating - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Electroplating: A Curtain Raiser
  • Global Electroplating Market Looks Forward to Chart a Grander Course: Prospects & Outlook
  • COVID-19-Led Headwinds Weigh Heavily on Growth of Electroplating Market
  • Insights into Ramifications of Dynamic Factors for Global Electroplating Market
  • Focus on Sustainable Approaches: An Opportunity
  • Market Challenges
  • Barrel Plating to Exhibit Significant Growth
  • Automotive and Electricals & Electronics End-Use Industries Dominate the Market
  • Regional Analysis: Developed Markets Traditional Revenue Contributors
  • Developing Countries Spearhead Demand Growth
  • Global Electroplating Market - Geographic Regions Ranked by CAGR (Value) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • North America to Secure Front Rank in Electroplating Market, while Asia-Pacific Posts Exponential Growth
  • Germany & UK: Principal European Markets
  • Asia-Pacific to Display Impressive Growth
  • Metal Finishing: Brief Overview of Processes & Technologies
  • Electroplating: An Introduction
  • Types of Metal Electroplating
  • Drawbacks of Electroplating
  • Electroplating: A Discussion on End Use Applications
  • Special Focus on Select End-Use Industries
  • Electroplating: An Evolution Scan
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Electroplating Technology Striving to Remain Relevant
  • Trending Demand for Composite Materials Bodes Well for Electroplating
  • Hexavalent Decorative Chrome: A Mixed Bag of Opportunities
  • Increase in Sustainable Solutions
  • Novel Electroplating Method Entails Use of Copper-Based PV Components, Offers Cost Savings
  • New Approach for Trivalent Chromium Waste Treatment Under Development
  • Research Finds Possible Use of Indium in Flip-Chip Electroplating
  • Rising Popularity of Electroless Nickel Plating
  • Successful Electroplating of 3D Printed Plastics
  • EC-MCBJ Solution for Facile Fabrication of Copper Quantum Point Contacts
  • Growing Demand from Diverse Industries Driving Use of Electroplating
  • Electroplating in Industrial, Engineering and Manufacturing Industries Northbound Post Pandemic
  • Electronics and Electrical Appliances Production: Major Growth Driver
  • Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
  • Global Electronic Wearables Shipments (In Million Units) for Years 2020, 2022, 2024 & 2026
  • Global Wearable Electronics Market Breakdown of Unit Sales (in %) by Region (2018 & 2023E)
  • Global Wearables Shipments Breakdown (in %) by Product for 2020 & 2024E
  • Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2023E
  • Smartphone Adoption Worldwide by Region (in %): 2018 & 2025F
  • Rising Demand for Consumer Electronics amid Expanding Internet User Base & Consumer Appetite for Digital Media Spells Opportunities
  • Copper Electroplating for PCB Manufacturing: Key Issues & Remedies
  • Steady Automotive Industry to Boost Demand
  • Production Volatility Amid Chip Shortages Aggravated by the Russia Ukraine War Poses Short Term Challenges for Electroplating in the Automotive End-Use Sector
  • As Automobile Production Recovery Slips On the Original Forecasts, Hit By Chip Shortage Woes & Supply Chain Disruptions Caused by the Russia-Ukraine War, Uncertainty Rips Through Upstream PM Parts Suppliers: Global Light Vehicle Production (In Million Units) for Years 2019 Through 2025
  • Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
  • Auto Electronics: an End-Market Laden with Immense Potential
  • Automotive Electronics as a Percentage of Vehicle Production Cost for Years 2010, 2020 & 2030
  • World Automotive Cockpit Electronics Market by Product (2023 & 2030): Percentage Breakdown of Sales for Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, and Other Products
  • Surging Aircraft Production Post COVID-19 Pandemic: A Key Growth Driver
  • Impact of Pandemic on Aerospace Manufacturing and the Course Correction
  • Global Aerospace & Aviation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • A Rudimentary Overview of the Larger Metal Finishing Market
  • Electroplating: The Largest Sub-Segment in Inorganic Metal Finishing Technology
  • Zinc Prices to Influence Electroplating Industry
  • Electroplating Technology Beneficial for Medical Devices Production
  • As Medical Additive Manufacturing Gains Momentum, So Does the Demand for Electroplating: Global Market for 3D Printing Medical Devices (In US$ Million) for Years 2021, 2023, 2025, and 2027
  • Electroplating Innovation for Braided Catheter Enhancements
  • Growing Trend of Process Automation for Cost Cuttings
  • Selective Electroplating Gets Special Thrust from Strong Focus of Petrochemical Industry on Sustainability & Efficiency
  • Electroless Plating Poised to Cannibalize Opportunities in Electroplating
  • Transition to Newer Substrates by End-users Likely to Wield a Devastating Impact in the Long Term
  • Better Organic Finishes: A Threat to Electroplating
  • Adverse Environmental Implications: A Major Concern
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Electroplating Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Electroplating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Electroplating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Electroplating by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Barrel Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Barrel Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Barrel Plating by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Rack Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Rack Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Rack Plating by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Continuous Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Continuous Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Continuous Plating by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Line Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Line Plating by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Line Plating by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Electricals & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Electricals & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Electricals & Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Machinery Parts & Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Machinery Parts & Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Machinery Parts & Components by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Jewelry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Jewelry by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • An Overview
CANADA
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2022 (E)
JAPAN
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • An Overview
  • Market for Plastic Electroplating
  • Electroplating Intermediates in China
EUROPE
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Electroplating Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIASOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Increase in Electroplating to Stimulate Brazilian Minerals Industry
ARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Allenchrome Electroplating Ltd
  • Allied Finishing, Inc.
  • Atotech Deutschland GmbH
  • Bajaj Electroplaters Private Limited
  • Cherng Yi Hsing Plastic Plating Factory Co., Ltd
  • Dr.-Ing. Max Schlötter GmbH & Co. KG
  • Estañadora S.A. de C.V.
  • Heimerle + Meule GmbH
  • Interplex Holdings Pte. Ltd.
  • J&N Metal Products LLC
  • Jing Mei Industrial Limited
  • Klein Plating Works, Inc.
  • Kuntz Electroplating Inc. (KEI)
  • Metal Surfaces, Inc.
  • NiCoForm Inc.
  • Pioneer Metal Finishing, LLC
  • Precision Plating Co.
  • Roy Metal Finishing, Inc.
  • Sharretts Plating Co., Inc.
  • Sheen Electroplaters Pvt Ltd.
  • SIFCO Applied Surface Concepts Group
  • Summit Corporation of America
  • TOHO ZINC CO., LTD.

Table Information