ELECTROPLATING INDUSTRY:

The electroplating market is expected to grow at a rate of 2.91 percent during the next five years. Electroplating, also known as electrodeposition, is a process that involves depositing material on a workpiece with the help of an electric current. A thin coating of metal is deposited on a workpiece known as the substrate in this technique. Electroplating is mostly used to alter an object’s physical qualities. The object’s physical qualities are changed to improve its visual appeal, boost wear resistance, increase thickness, and provide corrosion protection. The market’s expansion can be ascribed to an increase in demand for metal-finished consumer items. The increased usage of electroplating across several industrial verticals such as the automotive industry, aerospace and military, and others are also contributing significantly to market growth. Electroplating is a method of depositing material on a workpiece by using an electrical current. A thin coating of metal is placed on a workpiece known as the substrate in this procedure.

Growing Demand for Electroplating Applications in Automotive Industry

The automotive sector is one of the most significant users of electroplating technology, employing every zinc to gold electroplating procedure possible. In current autos, plastic electroplating is also utilised to chrome-plate lightweight parts. Because of its propensity to absorb excess hydrogen, palladium plating is employed in the production of catalytic converters. Manufacturers in the automotive industry are constantly looking for new ways to shield their products from corrosion’s unrelenting effects. The galvanising process is widely employed in many automotive components, in addition to the rapid growth of the automotive sector. Several automakers are investing in car body electroplating machines that include corrosion- and rust-resistant material layers. In addition, some companies provide advanced electroplating processes. 

INDUSTRIAL METAL FINISHING:

Metal finishing is a broad word that refers to the process of applying a metal coating on the surface of a metallic part, which is commonly referred to as a substrate. It could also entail putting in place a procedure for cleaning, polishing, or otherwise improving a surface. Electroplating, which is the technique of depositing metal ions onto a substrate using an electric current, is commonly used in metal finishing. In fact, the terms “metal finishing” and “plating” are frequently interchanged.

POWDER COATING:

Powder coating includes the application of a dry powder rather than a liquid to coat a metal object. A powder coating can generally provide more thickness than a liquid coating. The powder coating method creates the powder by combining a variety of components such as pigments, curatives, flow modifiers, levelling agents, and other additives. After that, the powder is electrostatically deposited on the substrate’s surface. The pieces are then cured in a specially constructed oven, which causes a chemical reaction that provides high-link density. Some plastics and other non-metallic substrates can also benefit from a powder coating.

ELECTROPOLISHING:

Electropoloshing is a metal finishing electrochemical procedure that is the polar opposite of electroplating. Electroplating is the process of depositing metal ions onto a substrate’s surface. The metal ions are eliminated from the substrate during electropolishing, resulting in a smooth, streamlined surface texture. This is done by immersing the object in an electrolyte bath, allowing it to function as an anode.

ELECTROLESS PLATING:

Electroless plating is similar to electroplating in that it involves immersing the substrate in a liquid solution containing the desired metal, which is usually nickel or copper. The main distinction is the manner in which the deposition takes place. Instead of using electricity, a chemical reaction is used to apply the metal coating. In addition to the source metal, the plating bath usually contains a complexing agent to keep the metal solution stable and different compounds to extend bath life. 

ASIA PACIFIC MARKET:

The electroplating market is primarily driven by rapid industrialisation, particularly in the Asia Pacific area. Electroplating is utilised in a variety of industries, including electronics, automotive, and other manufacturing. In the midst of significant sales growth, India’s manufacturing sector improved for the third month in a row, with enterprises increasing production to the biggest degree in 13 years. As a result, the electroplating market is benefiting from rising industrialization in emerging economies. The expanding use of electroplating in the aerospace and military industries is propelling the electroplating market forward. The electroplating coating adheres to the material’s surface and provides a protective bond. In addition, the technique provides equipment in the military industry with benefits like as heat resistance, electrical conductivity, corrosion resistance, and friction wear. Electroplating is becoming more popular in the electronics, automotive, and jewellery industries in the Asia Pacific area, thanks to rising disposable income in the region’s developed countries. The need for electroplating is being driven by an increase in demand for high-performance car components with superior corrosion resistance to improve the aesthetic of exterior automobile elements such as emblems, door handles, hood ornaments, and wheel rims. This is projected to continue because to rising vehicle production in Asia-Pacific and other growing economies in the Middle East and North Africa. 

TOP PLAYERS WORLDWIDE:

• AJT Engineering Ltd (UK)
• Allied Finishing Inc. (USA)
• Atotech Deutschland GmbH (Germany)
• Birmingham Plating Co. Ltd.
• Chemi International
• Commercial Plating Company Inc.
• Estaadora S.A. de C.V. (Mexico)
• Ganpati Metal Process
• Interplex Holdings PTE
• KDDL Ltd.
• Kuntz Electroplating Inc (Canada)
• Meenu Electro Platers
• Sri sai p.p.works
• Vijay Chemical Company
• Wuhan Fengfan Electroplating International Trading Co.