According to our latest market study on “Electroplating Market Forecast to 2027 – COVID-19 Impact and Global Analysis – Metal (Gold, Silver, Copper, Nickel, and Others), Type (Barrel Plating, Rack Plating, Continuous Plating, and Line Plating), and End-User Industry (Automotive, Electrical and Electronics, Aerospace and Defense, Medical, and Others),” the market was valued at US$ 16,446.88 million in 2019 and is projected to reach US$ 23,034.16 million by 2027; it is expected to grow at a CAGR of 4.4% from 2020 to 2027.The report highlights key factors driving the market growth and prominent players along with their developments in the market.

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In an electrochemical metal finishing technique known as electroplating or galvanic electrodeposition, metal ions dissolved in a solution are deposited on a substrate with the aid of electricity. In addition to providing resistance to corrosion and improving the product's overall look, this technique helps to form a protective covering over the substrate. Under the mechanism, an electric current pass between a solution of metal ions that have been dissolved and the metal object that will receive plating. Metals like copper, tin, zinc, gold, palladium, platinum, silver, chromium, and aluminum are used in the process to plate or coat a variety of ferrous and nonferrous metal items as well as plastics.

The final report will add the analysis of the Impact of Covid-19 in this report Electroplating MARKET.

 Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the Electroplating Positioning System Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Market is analyzed and depicted in the report.

Some of the companies competing in The Electroplating MARKET are 

1. Allenchrome Electroplating Ltd
2. Atotech
3. Dr.-Ing. Max Schlötter GmbH & Co. KG
4. Jing Mei Industrial Limited
5. Klein Plating Works Inc
6. Precision Plating Company
7. Sharretts Plating Co., Inc.
8. Summit Corporation of America
9. Toho Zinc Co., Ltd
10. Cherng Yi Hsing Plastic Plating Factory Co., Ltd

The demand for electroplating throughout the electronics, automotive, and jewellery industries is being fueled by ongoing industrialization throughout the world, particularly in the Asia-Pacific area, as well as by rising consumer disposable income in the developed countries of Asia-Pacific. The need for electroplating is increasing as a result of a rise in the demand for high-performance automotive parts with exceptional corrosion resistance to improve the aesthetic of exterior car elements including emblems, door handles, hood ornaments, and wheel rims.

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