Electroplating Market Analysis 2021 Executive Summary, Segmentation Forecast to 2030
Market Overview The Global Electroplating Market is projected to be valued at over USD 19.8 billion by the end of 2025 at a CAGR of around 4% during the forecast period. The prominent factor favoring the growth of the global market is the burgeoning demand for metal-plated components in the automotive industry. Electroplating is the preferred process for metal-plating in the automotive industry. Moreover, the surging demand for metal-plated plastics in the manufacturing of various interior and exterior automobile parts s uch as grilles, light bezels, wheels, emblems, door handles, gear shift knobs, and bumpers is likely to propel the market growth during the review period. Competitive Analysis The leading players in the electroplating market are Precision Plating Co. (US), Atotech (Germany), Sharretts Plating Company (US), TOHO ZINC CO., LTD (Japan), Dr.-Ing. Max Schlötter GmbH & Co. KG (Germany), Summit Corporation of America (US), Klein Plating Works, Inc (US), Jing Mei Ind