Electroplating Market - Forecast (2022 - 2027) - PowerPoint PPT Presentation

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Electroplating Market - Forecast (2022 - 2027)

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Electroplating Market is forecast to reach $18.6 billion by 2025, growing at a CAGR 3.2% from 2020 to 2025. Electroplating is a process that uses an electrical current to deposit material on a workpiece. It is a method by which a thin layer of metal is deposited on a workpiece known as the substrate. The primary use of electroplating is to modify an object's physical properties. The change in the physical properties is done in order to provide the object with aesthetic appeal, increase wear resistance, increase thickness and provide protection against corrosion. Market growth can be attributed to the burgeoning demand for consumer goods made of metal. The increasing adoption of electroplating across different vertical industries, such as the automotive and aerospace industries and defense, among others, are other factors that contribute significantly to stimulating market growth. – PowerPoint PPT presentation

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Title: Electroplating Market - Forecast (2022 - 2027)


1
Electroplating MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Electroplating Market is forecast to reach 18.6
    billion by 2025, growing at a CAGR 3.2 from 2020
    to 2025. Electroplating is a process that uses an
    electrical current to deposit material on a
    workpiece. 
  •  It is a method by which a thin layer of metal is
    deposited on a workpiece known as the substrate.
    The primary use of electroplating is to modify an
    object's physical properties. The change in the
    physical properties is done in order to provide
    the object with aesthetic appeal, increase wear
    resistance, increase thickness and provide
    protection against corrosion.
  • such as the automotive and aerospace industries
    and defense, among others, are other factors that
    contribute significantly to stimulating market
    growth.

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3
There has been an increase in Global warming and
CO2 emissions post lockdowns. 
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  • Key Takeaways
  • Factors contributing significantly to stimulating
    market growth are the increasing adoption of
    electroplating across various vertical
    industries, such as the automotive and aerospace
    industries and defense, among others.
  • Chrome reduces rust risk and improves the
    strength of the base material. By reducing
    friction to prolong the life of a machine, it
    offers elevated lubricity. Not only does chrome
    prevent wear on the machine, it also delivers
    extra performance. With a decreased risk of
    overheating, less friction implies smoother
    operation.

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4
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  • By Distribution Channel- Segment Analysis
  • During the forecast period Chromium is expected
    to grow at a highest CAGR 5.98. Chrome plating,
    though it looks pleasing to the eye, is more than
    just an aesthetic improvement.
  • The best protection against corrosion and wear on
    a machine is a chrome-plated finish. A chromium
    metal finish extends the life of parts in spite
    of high-friction conditions. Chrome plating
    provides protection in environments where other
    base materials are conducive to corrosion.

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5
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  • Carbon Composites Market  Industry Outlook 
  • Kuntz Electroplating Inc.
  • Interplex Industries Inc.
  • Peninsula Metal Finishing Inc.
  • Roy Metal Finishing
  • J N Metal Products LLC
  • Allied Finishing Inc., 

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6
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Electroplating Market - Forecast(2022 -
2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/158
94/electroplating-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id15894

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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