Electroplated Coatings Market Growth of $ 1.44 Billion from 2020 to 2025 | Evolution of opportunities with Arkema SA and Axalta Coating Systems Ltd.

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NEW YORK, December 2, 2021 / PRNewswire / – The Electroplating Market report offers insight into several vendors in the market, including Arkema SA, Axalta Coating Systems Ltd., BASF SE, DuPont de Nemours Inc., KCC Co. Ltd., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Shimizu Corp., The Sherwin-Williams Co. and Valmont Industries Inc., among others. The electroplating market is fragmented, and suppliers deploy growth strategies such as product innovations to compete in the market. The electroplating market is expected to grow by $ 1.44 billion from 2020 to 2025, at a 6.52% CAGR. The report also sheds light on new opportunities and challenges that market players can expect.

Attractive Opportunities in Electroplating Market by Type, Application, and Geography – Forecast and Analysis 2021-2025

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Electroplating market: pilot

Strong demand for APAC electroplated coating applications to stimulate growth

The automotive industry is the largest end user industry for the global electroplating market. The global auto industry is expected to grow significantly during the forecast period. Rising disposable income for consumers in developing economies has boosted demand for automobiles. Several automakers are establishing their manufacturing plants in developing countries to meet increased demand.

Electroplating Market: Challenge

Strict regulatory clearances are required for production and application to impede growth

The electroplating industry works under very sophisticated regulatory policies given by regulatory authorities. There are several regulations and sets of approvals are required for the production and application of electroplated coating products. Production and application require several regulatory approvals such as approvals for air, water, solid and hazardous waste, health and safety. The numerous regulatory requirements and mandate approvals are likely to restrain the growth of the electroplating market.

Electroplating Market: Segmentation Analysis

This market research report segments the electroplating market through Type (cathodic electrolytic coating and anodic electrolytic coating), Application (automobiles, heavy equipment, household appliances and others), and Geography (APAC, Europe, North America, MEA and South America).

43% of market growth will come from APAC. China and India are the key markets for APAC plating. The rapid industrialization and development of the automotive industry will facilitate the growth of the APAC electroplating market.

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Some of the main topics covered in the report include:

Market challenges

Market factors

Market trends

Supplier landscape

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Scope of electroplating market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 6.52%

Market growth 2021-2025

$ 1.44 billion

Market structure

Fragmented

Annual growth (%)

6.24

Regional analysis

APAC, Europe, North America, MEA and South America

Efficient contribution to the market

43% APAC

Main consumer countries

China, Germany, United States, India and France

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Arkema SA, Axalta Coating Systems Ltd., BASF SE, DuPont de Nemours Inc., KCC Co. Ltd., Nippon Paint Holdings Co. Ltd., PPG Industries Inc., Shimizu Corp., The Sherwin-Williams Co. and Valmont Industries Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Technavio

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contacts

Technavio research
Jesse maida
Communication and Marketing Officer
United States: +1 844 364 1100
United Kingdom: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

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