Electroplating Market Report: Trends, Forecast and Competitive Analysis to 2030

Electroplating Trends and Forecast

The future of the global electroplating market looks promising with opportunities in the automotive, electronic and electrical, aerospace and defense, jewellery, machinery part and component, and home appliance markets. The global electroplating market is expected to reach an estimated $24.8 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for metal based consumer goods and rising adoption of electroplating across various industries, such as automotive, aerospace, and defense.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electroplating by Segment

The study includes a forecast for the global electroplating by metal type, application, end use, and region.

Electroplating Market by Metal Type [Shipment Analysis by Value from 2018 to 2030]:

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

Electroplating Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Corrosion Protection
• Decorative Coating
• Electrical Application
• Others

Electroplating Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Electronic and Electrical
• Aerospace and Defense
• Jewellery
• Machinery Parts and Components
• Home Appliances
• Others

Electroplating Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electroplating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electroplating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electroplating companies profiled in this report include-

• Umicore
• Diehl
• Camellia
• Aalberts Surface Treatment
• Atotec
• Interplex
• Kuntz Electroplating
• Interplex Industries
• Peninsula Metal Finishing
• Roy Metal Finishing

Electroplating Market Insights

Lucintel forecasts that chromium is expected to witness the highest growth over the forecast period.

Within this market, machinery part and component is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Electroplating Market

Market Size Estimates: Electroplating market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electroplating market size by metal type, application, end use, and region in terms of value ($B).

Regional Analysis: Electroplating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different metal types, applications, end uses, and regions for the electroplating market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electroplating market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the electroplating market size?

Answer: The global electroplating market is expected to reach an estimated $24.8 billion by 2030.

Q2. What is the growth forecast for electroplating market?

Answer: The global electroplating market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the electroplating market?

Answer: The major drivers for this market are increasing demand for metal based consumer goods and rising adoption of electroplating across various industries, such as automotive, aerospace, and defense.

Q4. What are the major segments for electroplating market?

Answer: The future of the electroplating market looks promising with opportunities in the automotive, electronic and electrical, aerospace and defense, jewellery, machinery part and component, and home appliance markets.

Q5. Who are the key electroplating market companies?

Answer: Some of the key electroplating companies are as follows:

• Umicore
• Diehl
• Camellia
• Aalberts Surface Treatment
• Atotec
• Interplex
• Kuntz Electroplating
• Interplex Industries
• Peninsula Metal Finishing
• Roy Metal Finishing

Q6. Which electroplating market segment will be the largest in future?

Answer: Lucintel forecasts that chromium is expected to witness the highest growth over the forecast period.

Q7. In electroplating market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electroplating market by metal type (gold, silver, platinum, nickel, zinc, chromium, copper, and others), application (corrosion protection, decorative coating, electrical application, and others), end use (automotive, electronic and electrical, aerospace and defense, jewellery, machinery parts and components, home appliances, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?