The need for electroplating in the electronics, automotive, and jewellery industries is being fuelled by ongoing industrialisation throughout the world, particularly in the Asia Pacific area and by rising disposable income in industrialised Asia Pacific nations. The need for electroplating is predicted to increase as a result of the aerospace and defence industries' increasing need to finish machines properly. Finishing often entails applying a protective coating on metal so that it adheres to the surface of the material. The process also gives machinery in the defence industry corrosion resistance, electrical conductivity, heat resistance, and friction wear.
In terms of revenue, the global Electroplating Market is expected to increase at a CAGR of 5.06% from forecast period (2023 to 2030) to reach US$ 27.3 billion by end of 2030 from US$ 18.40 billion in 2022.
Key Companies in the Electroplating Industry:
1. Allied Finishing Inc.: Established in 1977. Headquarters in Louisiana's Kentwood, in the United States. For businesses in the automobile industry, Allied Finishing offers ornamental metal plating, metal finishing, and glossary services. Metal finishing business Allied Finishing. It provides forging, stamping, metal plating, surface finishing, and other services. The business serves the appliance, gaming, and automobile industries.
2. Atotech Deutschland GmbH: Established in 1993. Headquarters in Germany's Berlin. A supplier of specialised electroplating solutions is Atotech Ltd. Additionally, it provides tools and services for technological applications. Smartphones, communication infrastructure, cloud computing infrastructure, computers and consumer electronics, automotive electronics, and automotive surface finishing all use the company's products. Electronics and general metal finishing are the two business categories in which the company is active. We are excited to combine our very complementary experience and skills to optimise the InterconnectSM. The Atotech purchase increases MKS' ability to meet the acceleration of the next frontier in miniaturisation and complexity for Advanced Electronics manufacturing.
3. Interplex Holdings Pte. Ltd.: Created in 1958. Headquarters are in Singapore. Manufacturer of precise metal components designed to address challenging customer issues. The company develops complex precision mechanical and electromechanical components and assemblies for a range of industries, including consumer electronics, imaging and printing, telecommunications, automotive, and others. It also offers end-to-end applications in advanced application development and manufacturing systems for these components and assemblies. OCP Group, Inc. Will Be Acquired by Interplex, the company reports.
4. Kuntz Electroplating Market Inc.: Kuntz & Associates is a law business with its main office in Paris, France, and was established in 2005. Restructuring and corporate recovery, litigation, employment law, corporate law, and mergers and acquisitions are among the practise areas of the business. Kuntz Electroplating in Kitchener outperforms rivals with technology rather than poor pay.
5. Peninsula Metal Finishing Inc.: Israeli headquarters; founded in 2004. The business of Peninsula Group Ltd. is offering financial services. Offering credit facilities, such as loans, leasing, factoring, and investment banking services, is what the company does. It offers finance to Israel's small and medium-sized businesses. Additionally, it provides services to clients in the manufacturing, business, import, distribution, building, infrastructure, retail, and service sectors. Strategic Acquisition of Silicon Valley's Leading Precious Metal Plating Company, Electrochem Solutions, by Pioneer Metal Finishing.
6. Pioneer Metal Finishing: Built in 1945, based in the United States. a company that offers goods and services for metal finishing with the goal of assisting original equipment manufacturers (OEMs). The business provides military-specific painting, powder coating, and e-coating services as well as subassembly, masking, plugging, sorting, separating, and packaging services for parts. These specialised finishes allow customers' individual component parts to perform better. Strategic Acquisition of Silicon Valley's Leading Precious Metal Plating Company, Electrochem Solutions, by Pioneer Metal Finishing.
7. Roy Metal Finishing: Created in 1961. Headquarters in the United States. Corrosion-resistant coating services provider with a focus on the aerospace, general industries, and automotive end sectors. The company works as an electroplating job shop, offering a variety of surface treatments for ferrous casts and parts, such as zinc and zinc alloy coating, e-coating, powder coating, hydrogen embrittlement, stainless steel passivation, and tumble blasting. These treatments offer corrosion protection, increase durability, and improve the part's aesthetics. Roy Metal Finishing has success in removing coatings from masking.
*Definition: Electroplating is a popular process of plating one metal onto others by using hydrolysis. It is most commonly done for decorative the purpose or to avoid corrosion on the surface of the metal.
