Expansion of the automotive industry will positively impact of the global Electroplating chemicals market at a CAGR of 4.6% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published a cooked research report on the “global Electroplating Chemicals market” that contains the information from 2018 to 2032. 

The Electroplating chemicals market is estimated to register a CAGR of 4.6% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Electroplating chemicals market— Conventya, Schlotter, Uyemura, Hesse, Henkel, Kanigen, Chemetall, Ishihara, Technic, Umicore, JetChem, Houghton, Mosses Lake, KPM, Metalor, HSO, JPC, Meltex, Dipsol, Coral, Ato, Mac, Okuno, JASCO, Sutrec, PAVCO, JCU, Dow, and Columbia Chemical and others.

Market Highlights

The global Electroplating chemicals market is accounted for to register a CAGR of 4.6% during the forecast period and is estimated to reach USD 3,275.9 million by 2032.

Electroplating chemicals are significantly used in the aerospace and defence sector due to the high-performance requirements of materials used in aircraft, spacecraft, military vehicles, and other defence systems. The need for materials that can withstand extreme environments, resist corrosion, and provide enhanced mechanical and electrical properties is propelling in these industries. In the aerospace and defence industries, numerous structures and components are exposed to harsh environmental conditions, such as extreme temperatures, saltwater and high altitudes, all these contributes substantially to corrosion. Electroplating with materials such as cadmium, zinc, and nickel is generally used for improving corrosion resistance of the components used in these sectors. For instance, cadmium plating offers an excellent barrier against corrosion and is often used on steel components in aircraft and military equipment, especially in landing gear and fasteners. Also, zinc-nickel plating is another alternative that is effective in providing excellent corrosion resistance in aggressive environments. The rising need for corrosion-resistant coatings is highly driven by the requirement for extended service life and reliability of components which is particularly important in military aircraft and defence equipment that generally operates in harsh conditions for long periods. Thus, with the continuous increase in aircraft production, maintenance and repair activities, the demand for high performance electroplating chemicals is growing.

Furthermore, problem of wear and abrasion also negatively impacts the performance of moving parts in aerospace and defence applications, further reducing their performance and operational life. Electroplating chemicals used in hard chrome plating and nickel-phosphorus coatings are used for improving the wear resistance of components. Moreover, in defence systems, electronic and electrical components are required to function reliably under extreme conditions and thus electroplating chemicals play an important role in improving the electrical conductivity of connectors, switches, circuit boards, and various other electrical components. For this purpose, gold and silver electroplating are widely used as both metals provides excellent electrical conductivity. Gold-plated connectors and contacts are critical in sensitive applications such as avionics systems, radar equipment, and communication devices, where reliable electrical connections are needed. Silver plating is used in applications where cost savings are needed while maintaining good conductivity and corrosion resistance. As the complexity and digitization in defence systems is increasing, the demand for highly reliable electronic components is growing and this is creating substantial need for electroplating chemicals in aerospace and defence electronics.

Access full repot @ https://www.marketresearchfuture.com/reports/electroplating-chemicals-market-36771

Segment Analysis

The global Electroplating chemicals market has been segmented based on chemical type, function, end use industry, and Region.

The global Electroplating chemicals Market segmentation, based on chemical type has been segmented into segmented into pre-treatment chemicals, plating chemicals, and post-treatment chemicals. Among these, the Plating Metal Chemicals is projected to dominate the global Electroplating chemicals market revenue through the projected period. The Pre-treatment Chemicals holds the second-largest segment by chemical type in the global electroplating chemicals market, and its prominence can be attributed to being vital for preparing the substrate surface before applying the metal coating, ensuring better adhesion, and producing a uniform finish. The key to its popularity lies in its cost-effectiveness and its ability to provide sufficient magnetic strength for various uses. These chemicals eliminate surface contaminants like grease, dirt, rust, and oxides, which could interfere with the plating process. The three primary categories in this segment are cleaning agents, degreasers, and acid cleaners.

In function segment, the market is categorized corrosion protection, decorative coatings, electrical conductivity, wear resistance, and others. Out of which the corrosion protection segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. Corrosion protection is a primary function of electroplating, aimed at extending the lifespan of metal components by shielding them from environmental degradation. The electroplating process involves depositing a thin layer of metal onto a substrate, creating a barrier that protects the underlying material from corrosion. This function is particularly crucial in industries where components are exposed to harsh environmental conditions, such as in automotive, aerospace, marine, and construction applications.

In end use industry segment, the market is categorized automotive, electrical & electronics, renewable energy, aerospace & defense, jewelry, machinery parts & components, and others. Out of which the automotive segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. As automotive manufacturers aim for sustainability, there is a growing focus on recycling and reusing materials, which further drives advancements in material science and manufacturing processes.

Regional Analysis

By Region, the Electroplating chemicals market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia-Pacific Electroplating chemicals market holds the considerable market share and is also forecasted to hold the largest share during the forecast period. the growing adoption of electric vehicles (EVs) in Asia-Pacific significantly contributes to the region's dominance in the electroplating chemicals market. As governments and consumers alike prioritize eco-friendly transportation solutions, the demand for magnets, particularly in EV propulsion systems, experiences a notable upswing. This trend places Asia-Pacific at the forefront of the electroplating chemicals market, as it aligns with the region's pursuit of sustainable and environmentally conscious transportation alternatives.

Government regulations are increasingly playing a pivotal role in sculpting the electroplating chemicals market, primarily driven by environmental concerns and the growing scarcity of rare-earth materials. These concerns have prompted regulatory authorities to champion sustainability in the industry.

Key Findings of the Study

• The global Electroplating chemicals market is expected to reach USD 3,275.9 million by 2032, at a CAGR of 4.6% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on type, the Plating Metal Chemicals segment was attributed to holding the largest market in 2023.


• Based on function, the corrosion protection segment was attributed to holding the largest market in 2023.


• Based on end use industry, the automotive segment was attributed to holding the largest market in 2022.


• Conventya, Schlotter, Uyemura, Hesse, Henkel, Kanigen, Chemetall, Ishihara, Technic, Umicore, JetChem, Houghton, Mosses Lake, KPM, Metalor, HSO, JPC, Meltex, Dipsol, Coral, Ato, Mac, Okuno, JASCO, Sutrec, PAVCO, JCU, Dow, and Columbia Chemical are the key market players.