Global Electroplating Market Size to Show Robust Growth
Pune, India, June 23, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, this electroplating market is expected to grow substantially through 2028 and accumulate significant valuation by the end of the forecast period.
Additionally, the research report provides comprehensive scope and size information by assessing various sub-markets, such as type, application spectrum, and regional terrain. Additionally, an in-depth survey of the competitive landscape, highlighting the key players, upcoming candidates, and latest developments in this business domain is provided in the document.
The emphasis on the use of high performance, environment-friendly and cost-effective coatings is mainly fueling the growth of the market.
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Additionally, the growing inclination towards coatings containing low volatile organic compounds that minimize the risk of air pollutants is expected to create lucrative opportunities for market expansion during the analysis period.
For those who don’t know, electrodeposition is a dip/dip coating procedure in which electrically charged particles are deposited from an aqueous solution onto a conductive surface. The basic principle of this procedure is that opposite charges attract to form a uniform coating for interior and exterior surfaces.
Despite the positive outlook, supply chain disruptions, sudden industrial shutdowns, lack of capital, restrictions on space occupancy and lower demand for products in several sectors are some of the -some of the major challenges that are likely to hamper the growth trajectory of the market over the analysis period. .
Regional Scope Overview:-
The global electroplating industry spans the key geographies of North America, Asia-Pacific, Europe, and Latin America. The North American industry is expected to post a robust year-over-year growth rate through 2028, attributed to escalating U.S. transportation manufacturing as well as demand growing for the product as a component of military and security devices, home and construction products among others.
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Meanwhile, Asia-Pacific is poised to be the largest contributor to the overall market development during 2021-2027, owing to the strong demand for agricultural sector products from the region which has experienced rapid adoption of modern equipment.
Summary of Competitive Framework:-
Hawking Electrotechnology Ltd., PPG Industries, Inc., BASF SE, KCC Corporation, Nippon Paint Holdings Co., Ltd., The Sherwin Willaims Company, Tatung Fine Chemicals Co., Ltd., Axalta Coating Systems Ltd., BL Downey Company LLC , and Kansai Paint Co., Ltd. are the major competitors influencing the dynamics of the global electroplating market.
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Global Electroplating Market by Type (Value, USD Billion, 2018 – 2028)
- cathodic acrylic
- Cathodic epoxy
Global Electroplating Market by Application (Value, USD Billion, 2018-2028)
- Particular Cars
- Automotive parts and accessories
- Commercial vehicles
- heavy equipment
Global Electroplating Market by Region (Value, USD Billion, 2018-2028)
- South Korea
Rest of the world
Global Electroplating Market, Company Profiles (Value, USD Billion, 2018-2028)
- Hawking Electrotechnology Ltd.
- PPG Industries, Inc.
- BASF SE
- KCC Company
- Nippon Paint Holdings Co., Ltd.
- Axalta Coating Systems Ltd.
- The Sherwin Williams Company
- Tatung Fine Chemicals Co., Ltd.
- BL Downey Company LLC
- Kansai Paint Co., Ltd.
Chapter 1. Executive Summary
1.1. Market overview
1.2. Global and Segmental Market Estimates and Forecasts, 2020-2028 (USD Billion)
1.2.1. Electroplating market, by region, 2020-2028 (USD billion)
1.2.2. Electroplating Market, by Type, 2020-2028 (USD Billion)
1.2.3. Electroplating Market, by Application, 2020-2028 (USD Billion)
1.3. Key trends
1.4. Estimation methodology
1.5. Research hypothesis
Chapter 2. Global Electroplating Market Definition and Scope
2.1. Goal of the study
2.2. Market definition and scope
2.2.1. Scope of the study
2.2.2. Industry evolution
2.3. Years Considered for Study
2.4. Currency conversion rate
Chapter 3. Global Electroplating Market Dynamics
3.1. Electroplating Market Impact Analysis (2020-2028)
3.1.1. Market factors
220.127.116.11. Growing Automotive Industry Fuels Electroplating Market
18.104.22.168. Growing demand from the industrial application sector
3.1.2. Market challenges
22.214.171.124. High capital cost of equipment
3.1.3. Market opportunities
126.96.36.199. End-use industry demand growth
188.8.131.52. Growth in demand for agricultural equipment
Chapter 4. Industry Analysis of Global Electroplating Market
4.1. Porter’s 5-force model
4.1.1. Bargaining power of suppliers
4.1.2. The bargaining power of buyers
4.1.3. The threat of new entrants
4.1.4. The threat of substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic approach to Porter’s 5 forces model (2018-2028)
4.2. PEST analysis
4.3. Investment Adoption Model
4.4. Analyst recommendation and conclusion
4.5. Best investment opportunity
4.6. The best winning strategies
Chapter 5. Risk assessment: impact of COVID-19
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre-COVID-19 and post-COVID-19 market scenario
Chapter 6. Global Electroplating Market, By Type
6.1. Market overview
6.2. Global Electroplating Market by Type, Performance – Potential Analysis
6.3. Global Electroplating Market estimates and forecast by type 2018-2028 (USD Billion)
6.4. Electroplating Market, Sub-Segment Analysis
6.4.1. Cathodic epoxy
6.4.2. cathodic acrylic
Chapter 7. Global Electroplating Market, By Application
7.1. Market overview
7.2. Global Electroplating Market by Application, Performance – Potential Analysis
7.3. Global Electroplating Market Estimates and Forecasts by Application 2018-2028 (USD Billion)
7.4. Electroplating Market, Sub-Segment Analysis
7.4.1. Particular Cars
7.4.2. Commercial vehicles
7.4.3. Automotive parts and accessories
7.4.4. heavy equipment
Chapter 8. Global Electroplating Market, Regional Analysis
Concrete Flooring Market Size, Regional Outlook, Application Growth Potential, Competitive Market Share and Forecast, 2021-2027
The concrete flooring market is expected to show significant growth by 2027 owing to the increase in demand for the products in various industries. Additionally, increasing number of construction projects in key regions is expected to further fuel the market demand during the forecast period. In the wake of the COVID-19 outbreak, government-mandated closures have pushed people to stay indoors, which has significantly boosted demand for home renovations during the pandemic. In addition, new owners invested more in renovations and repairs during this period due to their increased spending capacity. Thereafter, the increasing use of concrete flooring propelled the expansion of the industry across the world. In the regional landscape, the concrete flooring market in the Middle East and Africa is expected to grow at a CAGR of around 5.5% during the forecast period. The notable growth in the domestic construction sector is expected to propel the expansion of the regional market over the coming years.
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