Asia Pacific Electroplating Market Forecast to 2030
Asia Pacific Electroplating Market Forecast to 2030 – Regional Analysis – by Metal (Gold, Silver, Copper, Nickel, and Others), Type (Barrel Plating, Rack Plating, Continuous Plating, and Line Plating), and End-Use Industry (Automotive, Electrical & Electronics, Aerospace & Defense, Medical, and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Ongoing Industrialization Fuel Asia Pacific Electroplating Market
Rising industrialization across the globe, along with the increasing disposable income of consumers in developed countries, fuels the demand for electroplating across the electronics, automotive, and jewelry industries. Rising demand for high-performance automobile components with excellent corrosion resistance to enhance the appearance of exterior automobile parts, including hood ornaments, emblems, door handles, and wheel rims, propels the requirement for electroplating solutions owing to the increasing production of automobiles. Opportunities remain promising for service providers in several countries owing to the remarkable growth in the electronics and automotive industries. The zinc-nickel electroplating is considered one of the popular electroplating methods in the automotive industry. The significant growth of the electronics industry across the world, coupled with high demand for electroplating in the manufacturing of various electronic components such as electric transistors, electronic power switches, conductors and semiconductors, connectors, and computer components, is another prominent factor propelling the market growth.
Asia Pacific Electroplating Market Overview
The electroplating market in APAC comprises several developing economies such as China, India, Japan, South Korea, and Australia. These emerging countries are witnessing an upsurge due to growth in urbanization, increasing manufacturing industries coupled with growing industrialization, and the impact of social media, which offers ample opportunities for key market players in the electroplating market. Countries such as Australia, Japan, India, China, South Korea, Singapore, Taiwan, and Indonesia have large metallurgy industries. Global players, such as Cherng Yi Hsing Plastic Plating Factory Co., Ltd., toho Zinc Co., Ltd., Jing Mei Industrial Limited, and others, are marketing their electroplating in these countries. The APAC region encompasses an ample number of opportunities for the growth of electroplating. This region has been noticed as one of the prominent markets for the utilization of electroplating. Asia has ranked highest amongst chemicals producing regions. China is mainly dominating the regional market, followed by other countries such as Japan, Taiwan, Vietnam, Korea, Thailand, Malaysia, and Indonesia. These countries are experiencing rising demand for semiconductors & ICs, LCDs, printed circuit boards, and others. Apart from the electroplating application in the semiconductors industry, electroplating is extensively utilized in wearable devices, smartphones, and other electronic devices. The demand for smartphones and wearable devices, has been increased subsequently with the growth of the electronics industry, coupled with a shift in consumer living standards. This shift has further propelled the growth of the electroplating market in the region. Over the past few years, the manufacturing spending towards the developments of chemicals and electronic industry has grown significantly and is further anticipated to grow at a high rate. Rising foreign direct investments also lead to economic growth in this region. Increasing expenditure towards research and development activities to diversify the application base of electroplating has also led to market growth. Also, the wide use of various types of electroplating in medical instruments, aircraft manufacturing, and automobile parts is contributing to the market growth in this region.
Asia Pacific Electroplating Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Electroplating Market Segmentation
The Asia Pacific electroplating market is segmented into metal, type, end-use industry, and country.
Based on metal, the Asia Pacific electroplating market is segmented into gold, silver, copper, nickel, and others. The nickel segment held the largest share of the Asia Pacific electroplating market in 2022.
In terms of type, the Asia Pacific electroplating market is categorized into barrel plating, rack plating, continuous plating, and line plating. The barrel plating segment held the largest share of the Asia Pacific electroplating market in 2022.
Based on end-use industry, the Asia Pacific electroplating market is segmented into automotive, electrical & electronics, aerospace & defence, medical, and others. The electrical & electronics segment held the largest share of the Asia Pacific electroplating market in 2022.
Based on country, the Asia Pacific electroplating market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific electroplating market in 2022.
Atotech Deutschland GmbH & Co KG, Dr Ing Max Schlotter GmbH & Co KG, Jing Mei Industrial Ltd, Toho Zinc Co Ltd, and Cherng Yi Hsing Plastic Plating Factory Co Ltd are some of the leading companies operating in the Asia Pacific electroplating market
Summary Info
Industry: | |
---|---|
Pricing options: | |
Geographical coverage: | |
Year of Publication: |
According to the Research Team research, the Asia Pacific electroplating market was valued at US$ 44,378.99 million in 2022 and is expected to reach US$ 62,421.23 million by 2030, registering a CAGR of 4.4% from 2022 to 2030. Increasing use of electroplating on plastics and ongoing industrialization across the globe are among the critical factors attributed to the Asia Pacific electroplating market expansion.
Increasing adoption of plating on plastics provides an effective solution in a wide range of applications, especially in the automotive and electronics industries. Furthermore, there is a high demand for plating on plastic in the automotive industry owing to its lightweight, cost-effectiveness, and corrosion resistance. Additionally, the utilization of plastics in the automotive industry is rising to offer lightweight solutions. With the increasing popularity of plastic composites, the requirement for plating plastics with metals is rising in the industry to enhance the appearance and quality of the material and provide electrical conductivity to a nonconductive plastic surface. There are two methods to plate plastic. The first method is to roughen the surface to allow the metal to adhere. Then, electroplate over that layer to build up layers of metal. The process is called electroless, auto catalytic, or chemical plating. The second method is to apply conductive paint to the plastic and then electroplate it. Global market players such as DuPont are offering high-performing, environmental-friendly plating on plastic surfaces. DuPont’s decades of expertise in surface preparation and investment in novel technology enable the development of value-added products and processes for plating plastics.
On the contrary, regulations by various authorities upon electroplating hamper the growth of Asia Pacific electroplating market.
Based on metal, the Asia Pacific electroplating market is segmented into gold, silver, copper, nickel, and others. The nickel segment held 29.3% share of Asia Pacific electroplating market in 2022, amassing US$ 13,021.51 million. It is projected to garner US$ 18,519.85 million by 2030 to expand at 4.5% CAGR during 2022–2030.
In terms of type, the Asia Pacific electroplating market is categorized into barrel plating, rack plating, continuous plating, and line plating. The barrel plating segment held 34.5% share of Asia Pacific electroplating market in 2022, amassing US$ 15,327.92 million. It is projected to garner US$ 22,415.63 million by 2030 to expand at 4.9% CAGR during 2022–2030.
Based on end-use industry, the Asia Pacific electroplating market is segmented into automotive, electrical and electronics, aerospace, and defense, medical, and others. The electrical and electronics segment held 32.2% share of Asia Pacific electroplating market in 2022, amassing US$ 14,301.37 million. It is projected to garner US$ 21,156.31 million by 2030 to expand at 5.0% CAGR during 2022–2030.
By country, the Asia Pacific electroplating market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 44.0% share of Asia Pacific electroplating market in 2022. It was assessed at US$ 19,513.44 million in 2022 and is likely to hit US$ 28,601.44 million by 2030, exhibiting a CAGR of 4.9% during 2022–2030.
Key players operating in the Asia Pacific electroplating market are Atotech Deutschland GmbH & Co KG, Dr Ing Max Schlotter GmbH & Co KG, Jing Mei Industrial Ltd, Toho Zinc Co Ltd, and Cherng Yi Hsing Plastic Plating Factory Co Ltd, among others.
In November 2023, Grand Venture Technology plans to acquire surface treatment specialist, ACP Metal Finishing, for US $17 million.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Electroplating Market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the electroplating market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electroplating Market Landscape
4.1 Overview
4.2 Porter’s Analysis
4.2.1 Threats of New Entrants
4.2.2 Threat of Substitutes
4.2.3 Bargaining Power of Buyers
4.2.4 Bargaining Power of Suppliers
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Electroplating Companies
4.3.3 End Use
4.3.4 List of Vendors in the Value Chain
5. Asia Pacific Electroplating Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Ongoing Industrialization Worldwide
5.2 Market Restraints
5.2.1 Regulations by Various Authorities Related to Electroplating
5.3 Market Opportunities
5.3.1 Implementation of Innovative and Environmental-friendly Techniques
5.4 Future Trends
5.4.1 Increasing Use of Automatic Soldering Over Manual Soldering
5.5 Impact of Drivers and Restraints:
6. Electroplating Market – Asia Pacific Market Analysis
6.1 Overview
6.2 Electroplating Market Revenue (US$ Million), 2020–2030
6.3 Electroplating Market Forecast Analysis
7. Asia Pacific Electroplating Market Analysis – by Metal
7.1 Gold
7.1.1 Overview
7.1.2 Gold: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Silver
7.2.1 Overview
7.2.2 Silver: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Copper
7.3.1 Overview
7.3.2 Copper: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Nickel
7.4.1 Overview
7.4.2 Nickel: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Electroplating Market Analysis – by Type
8.1 Barrel Plating
8.1.1 Overview
8.1.2 Barrel Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Rack Plating
8.2.1 Overview
8.2.2 Rack Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Continuous Plating
8.3.1 Overview
8.3.1.1 Continuous Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Line Plating
8.4.1 Overview
8.4.2 Line Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Electroplating Market Analysis – by End-use Industry
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
9.2 Electrical and Electronics
9.2.1 Overview
9.2.2 Electrical and Electronics: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
9.3 Aerospace and Defense
9.3.1 Overview
9.3.2 Aerospace and Defense: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Medical
9.4.1 Overview
9.4.2 Medical: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Electroplating Market – Country Analysis
10.1 Asia Pacific Market Overview
10.1.1 Asia Pacific: Electroplating Market, By Key Country – Revenue 2022 (US$ Million)
10.1.2 Asia Pacific: Electroplating Market – Revenue and Forecast Analysis – by Country
10.1.2.1 Asia Pacific: Electroplating Market – Revenue and Forecast Analysis – by Country
10.1.2.2 Australia: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Australia: Electroplating Market Breakdown, by Metal
10.1.2.2.2 Australia: Electroplating Market Breakdown, by Type
10.1.2.2.3 Australia: Electroplating Market Breakdown, by End-use Industry
10.1.2.3 China: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 China: Electroplating Market Breakdown, by Metal
10.1.2.3.2 China: Electroplating Market Breakdown, by Type
10.1.2.3.3 China: Electroplating Market Breakdown, by End-use Industry
10.1.2.4 India: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 India: Electroplating Market Breakdown, by Metal
10.1.2.4.2 India: Electroplating Market Breakdown, by Type
10.1.2.4.3 India: Electroplating Market Breakdown, by End-use Industry
10.1.2.5 Japan: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.1 Japan: Electroplating Market Breakdown, by Metal
10.1.2.5.2 Japan: Electroplating Market Breakdown, by Type
10.1.2.5.3 Japan: Electroplating Market Breakdown, by End-use Industry
10.1.2.6 South Korea: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.1 South Korea: Electroplating Market Breakdown, by Metal
10.1.2.6.2 South Korea: Electroplating Market Breakdown, by Type
10.1.2.6.3 South Korea: Electroplating Market Breakdown, by End-use Industry
10.1.2.7 Rest of Asia Pacific: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.7.1 Rest of Asia Pacific: Electroplating Market Breakdown, by Metal
10.1.2.7.2 Rest of Asia Pacific: Electroplating Market Breakdown, by Type
10.1.2.7.3 Rest of Asia Pacific: Electroplating Market Breakdown, by End-use Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Atotech Deutschland GmbH & Co KG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Dr Ing Max Schlotter GmbH and Co KG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Jing Mei Industrial Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 toho Zinc Co Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Cherng Yi Hsing Plastic Plating Factory Co Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
13. Appendix
13.1 About the the Reporting Teams
13.2 Glossary
Table 1. Electroplating Market Segmentation
Table 2. List of Vendors
Table 3. Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Electroplating Market – Revenue and Forecast to 2030 (US$ Million) – by Metal
Table 5. Electroplating Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 6. Electroplating Market – Revenue and Forecast to 2030 (US$ Million) – by End-use Industry
Table 7. Asia Pacific: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 8. Australia: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 9. Australia: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 10. Australia: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 11. China: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 12. China: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 13. China: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 14. India: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 15. India: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 16. India: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 17. Japan: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 18. Japan: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 19. Japan: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 20. South Korea: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 21. South Korea: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 22. South Korea: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 23. Rest of Asia Pacific: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Metal
Table 24. Rest of Asia Pacific: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 25. Rest of Asia Pacific: Electroplating Market – Revenue and Forecast to 2030(US$ Million) – by End-use Industry
Table 26. Glossary of Terms, Electroplating Market
Figure 1. Electroplating Market Segmentation, by Country
Figure 2. Porter’s Analysis
Figure 3. Ecosystem: Electroplating Market
Figure 4. Electroplating Market – Key Market Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Electroplating Market Revenue (US$ Million), 2020–2030
Figure 7. Electroplating Market Share (%) – by Metal (2022 and 2030)
Figure 8. Gold: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Silver: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Copper: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Nickel: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Electroplating Market Share (%) – by Type (2022 and 2030)
Figure 14. Barrel Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Rack Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Continuous Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Line Plating: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Electroplating Market Share (%) – by End-use Industry (2022 and 2030)
Figure 19. Automotive: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Electrical and Electronics: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Aerospace and Defense: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Medical: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: Electroplating Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Asia Pacific: Electroplating Market, By Key Country – Revenue 2022 (US$ Million)
Figure 25. Asia Pacific: Electroplating Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 26. Australia: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
Figure 27. China: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
Figure 28. India: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
Figure 29. Japan: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
Figure 30. South Korea: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
Figure 31. Rest of Asia Pacific: Electroplating Market – Revenue and Forecast to 2030(US$ Million)
The List of Companies – Asia Pacific Electroplating Market
o Atotech Deutschland GmbH & Co. KG
o Dr Ing Max Schlotter GmbH and Co. KG
o Jing Mei Industrial Ltd
o Toho Zinc Co., Ltd
o Cherng Yi Hsing Plastic Plating Factory Co., Ltd
You must be logged in to post a review.
Reviews
There are no reviews yet.