Market Definition: Global Precious Metal Plating Chemicals Market
Precious metal plating chemicals pass on some exceptional properties to the end product which benefits to serve various purposes in the end-user industries. For example, due to the heat shielding properties, the gold plating is considered as a suitable option for the high-temperature operations. There are two processes for the metal plating: electroless plating and electroplating. There is a growing demand for precious metal plating in aerospace, electrical and electronics, medical device, automotive, jewelry and hardware activates, which is expected to be one of the major drivers of the market over the next seven years.
Market Analysis: Global Precious Metal Plating Chemicals Market
The global precious metal plating chemicals market accounted for USD 1.67 billion in 2017 and is projected to grow at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Competitive Landscape: Global Precious Metal Plating Chemicals Market
The global precious metal plating chemicals market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Precious Metal Plating Chemicals Market
Some of the major players in precious metal plating chemicals market Heimerle + Meule GmbH, JAPAN PURE CHEMICAL CO., LTD., American Elements, Shaanxi Kaida Chemical Engineering Co., Ltd., Metalor Technologies International SA, Heraeus Holding, MATSUDA SANGYO CO., LTD., Superchem Finishers, SAXONIA Edelmetalle GmbH, UMA CHEMICALS, LEGOR GROUP S.p.A., Johnson Matthey, Umicore, Robert Chemical Co., Inc., Technic Inc., Electrochemical Products, Grauer & Weil (India) Limited, Riko Chemicals Pvt. Ltd., Micron Platers, Solar Applied Materials Technology Corporation, and many more.
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