What is Nickel Electroplating Market?
The technique of electroplating a thin layer of nickel on a metal object is known as nickel electroplating. Nickel layer provides corrosion resistance, wear resistance. It is used to build undersized parts for salvage purposes. Nickel is considered useful for electroplating metal. It offers superior ductility and hardness. A variety of nickel-plating chemicals are incorporated into the process to deliver a full bright cosmetic effect for ultimate finishes. Increasing demand for automotive parts, electronics, and retail goods driving growth for the market as this nickel plating is broadly used as a preventive measure in coatings. Hence, increasing end-user industrial expenditure is impacting the market in a positive manner. Geographically, the Asia Pacific region is expected to grow with the highest market share over the forecast period followed By North America and Europe.
The market study is being classified by Type (Bright Nickel Plating, Electroless Nickel Plating and Dull Nickel Plating), by Application (Automotive Parts, Screws and Small Fasteners, Brick & Mortar Jewellery, Home Appliances and Others) and major geographies with country level break-up.
Gull Industries, Inc. (United States), Ultra Plating Corporation (United States), Interplex Holdings Pte. Ltd (Singapore), Roy Metal Finishing Inc. (United States), Hohman Plating & Manufacturing, Inc. (United States), The Asko Group (United States), Kuntz Electroplating Inc. (Canada), Turn-Key Coatings, Inc. (United States), Atotech Deutschland GMBH (Germany), Bajaj Electroplaters (India), Swan Plating Ltd (United Kingdom), Peninsula Metal Finishing, Inc. (United States), Hydro Platers Inc. (United States) and Westbrook Technologies Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Good Chemical Science & Technology Co., Ltd. (India), Prime Chemical (India) and MITSUYA CO.,Ltd (Japan).
The market of Nickel Electroplating is expected to grow with rising in the oil & gas, automotive, and retail industry across the globe. Increasing demand for coated assemblies and parts in automobiles driving the demand for the market. Several companies are operating in the market to provide nickel electroplating with various features & unique offerings. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Analyst at AMA have segmented the market study of Global Nickel Electroplating market by Type, Application and Region.
On the basis of geography, the market of Nickel Electroplating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Preference of Nickel Electroplating over Others
- Rising Demand for Electroplating in Automotive, Retail, Aerospace Industries
- Huge Preference of Watts Bath Electroplating over Others
- Fluctuations in Raw Material Availability
- Technological Advancements in Electroplating Methodology
- Growing End-Use Industrial Expenditure
- Presence of Substitutes in Market like Zinc etc.
Key Target AudienceNickel Electroplating Providers, Oil & Gas, Automotive, Retail Industry, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners and Governments
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Nickel Electroplating Market?
"Increasing Preference of Nickel Electroplating over Others
" is seen as one of major growth factors of Nickel Electroplating Market in years to come.
2. Can we have customized study for Nickel Electroplating Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Nickel Electroplating Market?
will lead Nickel Electroplating Market in coming years.