Global Precious Metal Plating Chemicals Market, By Chemical Base Metal (Platinum, Rhodium, Gold, Silver, Palladium, Others) By Product Form (Solid/Powder, Solution/Concentrate) By End user (Aerospace, Electrical and Electronics, Medical Device, Automotive, Jewelry, Hardware, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025
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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.
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.
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Major Market Drivers:
- Rising demand for precious metal plating chemicals in the aerospace sector
- Wide acceptance of plating metals on the plastic
The precious metal plating chemicals market is segmented on the basis of chemical base metal into platinum, rhodium, gold, silver, palladium and others.
On the basis of product form, the market is segmented into solid/powder, solution/concentrate.
On the basis of end-user, the market is segmented into aerospace, electrical and electronics, medical device, automotive, jewelry, hardware and other.
Major Market Competitors:
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,
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