Electroplating Market Forecast 2020-2027, Future, Scope, and Top Key Players
Market Overview The Global Electroplating Market is projected to be valued at over USD 19.8 billion by the end of 2027 at a CAGR of around 3% during the forecast period. The prominent factor favoring the growth of the global market is the burgeoning demand for metal-plated components in the automotive industry. Electroplating is the preferred process for metal-plating in the automotive industry. Moreover, the surging demand for metal-plated plastics in the manufacturing of various interior and exterior automobile parts such as grilles, light bezels, wheels, emblems, door handles, gear shift knobs, and bumpers is likely to propel the market growth during the review period. Market Segmentation The global electroplating market has been categorized on the basis of metal, type, end-use industry, and region. By metal, the global market has been divided into standard metals, precious metals, and alloys. The standard metals segment is further categorized into tin, copper, zinc, chromium, a