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Precious Metal Plating Chemicals Market 2019: Qualitative Analysis By JAPAN PURE CHEMICAL CO., LTD., American Elements, Shaanxi Kaida Chemical Engineering Co., Ltd & Others

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.

The insights provided in this precious metal plating chemicals market research report are based upon SWOT analysis on which businesses can rely confidently. With the precise and high-tech information, about chemical industry, businesses can know about the types of consumers, consumer’s demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already existing in the market through this report. This information and market insights assists with maximizing or minimizing the production of goods depending on the conditions of demand.

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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.

Rising demand for precious metal plating chemicals in the aerospace sector

Metal plating is mainly used to protect the metal by creating a thin layer around the substrates. Today many industries uses titanium and titanium alloys for the manufacturing of various aircraft parts as they are lightweight and have low density. Electroplating and electroless plating are very important aerospace metal finishing processes. They usually use the electrodeposition so that they can bring out the coating of a metal surface with ions of another metal. The metal plating in aerospace industry enhances the corrosion protection, adds aesthetic appeal, increase electrical conductivity, improves their resistance to high temperature, increases the strength of the metal and also enhances the oxidation resistance.

Major Market Drivers:

Rise in the applications of the precious metal plating chemicals

Wide acceptance of plating metals on the plastic

Rising demand for precious metal plating chemicals in the aerospace sector

Market Restraint:      

Environmental regulations

Market Segmentation: 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)

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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.

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