Nickel Boron Plating Market Sales Revenue,Growth Drivers,Industry Key Manufacturers : Ken Research

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• Booming Importance Of Nickel Boron To Engender
  Growth In The Asian Nickel Plating IndustryKen
  Research

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• The industry research report, Asia Nickel Boron
  Plating Industry Situation and Prospects Research
  report is an in-depth and professional study on
  the recent state of the Nickel Boron Plating
  industry. It offers a deep analysis of the
  industry with integrity of logic and
  comprehensiveness of contents to all its users.
  It manages to give a basic overview of the
  industry involving definitions, classifications,
  applications and industry chain structure along
  with an analysis for the international market
  including development history, competitive
  landscape analysis, and major regions'
  development status. Also, all the development
  policies and plans are well discussed along with
  the manufacturing processes and cost structures
  in this report. Nowadays, nickel boron is used in
  many applications as a hard chrome replacement.
  Nickel boron plating basically refers to a
  coating that has all the protective qualities of
  hard chromium along with being 100 environment
  friendly.

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• The Nickel Boron Plating industry is mainly
  segmented by (a) product types, with production,
  revenue, price, and market share and growth rate
  of each type, which are further split into High
  Ni-P, Medium Ni-P and Low Ni-P and (b) by
  applications, focusing on consumption, market
  share and growth rate of Nickel Boron Plating in
  each application that mainly involves
  Automotive, Oil and Gas, Heavy Machinery,
  Consumer Electronics and Food Industries.
• This industry in Asia significantly caters to the
  countries namely- China, Japan, India, Korea,
  Saudi Arabia and some other regions wherein the
  focus stays on the leading manufacturers that
  exist in the market, on the basis of their
  production, price, revenue and market share for
  each manufacturer, and they namely constitute KC
  Jones Plating Company, Surface Technology, Inc.,
  Atotech, Avtec Finishing Solutions, Gull
  Industries, Okuno-Auromex (Thailand) Co., Ltd.,
  and KOTO Plating Technology.

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• It has been investigated that in 2016, the world
  economy registered an expansion by about 2.2 per
  cent, which was the slowest rate of growth that
  was encountered after the Great Recession of
  2009. This torpid global economy was an outcome
  of many factors like the puny pace of global
  investment, dwindling world trade growth, hailing
  productivity growth and huge levels of debt.
  However, this sluggish scenario is anticipated to
  ameliorate in the years to proceed since the
  world gross product is forecasted to augment by
  2.9 per cent in 2018, leading to revitalization
  of the economy making it stable enough to relish
  an ongoing global demand.
• Associated with the relevant linkages between
  demand, investment, trade and productivity the
  inert global growth is expected to show traces of
  improvement and revive the overall investments in
  the industry further leading to a speedy recovery
  in productivity. Moreover, with the futuristic
  concept of Sustainable Development Goals (SDGs)
  revolving around removing extreme poverty and
  generating decent employment opportunities for
  all the nickel boron industry in Asia is all
  set to benefit since all the industries in the
  global economy are envisioned to relish
  optimistic shifts towards development.

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• Thereby, in the recent years, nickel boron has
  experienced a warm welcome by aerospace and
  automotive industries in Asia owing to it being
  characterized by better properties than hard
  chrome and when compared to many other hard
  chrome replacements, which are often costly and
  even contain toxic powders this plating has
  proved to be much more convenient and effective
  as it offers much harder material that prevents
  corrosion in an optimal manner. In fact, nickel
  boron has been recognized as the most popular
  alternative to hard chrome plating lately.
• It has been discovered that corrosion in oil and
  gas operations is considerably very common in
  Asia and the cost that comes with this corrosion
  is way too high and can badly hamper the growth
  of Asian economy, if not dealt with effectively
  on time. Thus, traditionally hard chrome
  replacements have helped in reducing the overall
  burden on the economy but now, the ongoing
  advancements coupled with increasing awareness
  for environment protection year after year the
  industry has realized the need for a better
  alternative that will not only prevent corrosion
  but will also supplement growth rates of all the
  connected industries. Therefore, nickel boron
  plating techniques are all set to emerge
  beautifully in the coming years.
• On a whole, the success of this industry is
  guaranteed by 2023, depending on the
  establishment of an ameliorating balance between
  cost and performance with each passing year. This
  will also expand the consumer base for this type
  of plating in the future years since less cost of
  production would attract many Asian producers. In
  turn, this will ultimately result in longer
  component lifetimes and lessened frequency of
  repairs required further generating significant
  savings and associated massive profits in the
  long run.

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• To know more about the research report
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/asia-nickel-boron-plating-industry-
  situation-and-prospects-research-report/147752-101
  .html
• Related Reports
• https//www.kenresearch.com/metal-mining-and-chemi
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