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Global Duplex Nickel Plating Market Dynamics
Duplex Nickel Plating Market Drivers
The rapid growth of the automotive industry has boosted the demand for duplex nickel plating for the long-term protection of automotive parts from corrosion. Government regulations, such as EU, EPA and OSHA, are boosting the demand for duplex nickel plating. There has been an increase in the demand for duplex nickel plating from electronics & electrical industries, which is projected to boost the demand for duplex nickel plating over the forecast period. Initiatives from OEMs for sustainable technologies to help increase the life of equipment are also increasing the demand for duplex nickel plating. The decorative look of surfaces after the duplex nickel plating is an added advantage that is also expected to boost the demand for duplex nickel plating during the forecast period.
Duplex Nickel Plating Market Restraints
One of the major challenge faced by the global duplex nickel plating market is the difficulty of levelling of nickel-plated surfaces. In addition, highly skilled manpower is required to perform duplex nickel plating. Restrictions from EU and EPA for various materials used during duplex nickel plating are also likely to restrain the duplex nickel plating market.
Duplex Nickel Plating Market Trends
New plating processes are being developed for better finishing and durability. Chrome plating after nickel plating is also one of the techniques used to give surfaces a better finish.
Combinations of nickel and chromium are also being used to achieve a perfect finish. The usage of multi-layer nickel, where more than two layers of nickel are being used, is also observed in the market and is expected to create opportunities to explore new combinations for nickel plating purposes.
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Global Duplex Nickel Plating Market Segmentation
The global duplex nickel plating market can be segmented on the basis of application, end-use industry and region.
On the basis of application, the global duplex nickel plating market can be segmented as:
On the basis of end use industry, the global duplex nickel plating market can be segmented as:
- Computer hardware
- Steel industry
- Oil and gas
Global Duplex Nickel Plating Market Participants
Some of the market participants identified across the value chain of global duplex nickel plating market are:
- Atlas Chrome Plating and Powder Coating
- Elite Finishing, LLC
- Century Plating Company
- Metal Plate Polishing Inc.
- Transcend Chrome Inc.
- Olymco, Inc.
- Capron Manufacturing
- Ronatec C2C, Inc.
- Eastern Plating LLC.
- Electrochemical Products, Inc.
- Val-Kro Industrial Plating Inc.
- Leonhardt Plating Company
- Hohman Plating
- Kwality Electro Platers
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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