📊 What is Electroplating and How Does It Serve Various Fields, and What Is the Global Market Size? ✨
1️⃣ What is Electroplating?
Electroplating is a chemical process in which metals are coated with a thin layer of another metal using an electric current. This process is used to enhance:
✅ the appearance of products.
✅ their resistance to corrosion.
✅ their strength and durability.
✅ their electrical conductivity.
Key Applications:
• Automobiles 🚗: Coating parts to resist rust and improve appearance.
• Ship parts and equipment.
• Electronics 📱: Such as coating conductors to enhance performance.
• Construction 🏗️: Coating equipment and metal elements to prevent corrosion.
• Household appliances and jewelry 💍: Enhancing appearance and shine.
• Medical industries 💉: Coating surgical instruments to improve durability and hygiene.
…and many more.
2️⃣ Global Market Size for Electroplating
🔹 The global electroplating market is approximately $15 billion in 2023, and it is expected to grow at a compound annual growth rate (CAGR) of 3-4% until 2030.
Source: Grand View Research
🤔 Why Invest in This Field?
🔸 Growing demand in both local and international markets.
🔸 Government support for industrial projects.
🔸 Multiple applications make electroplating a vital and sustainable field.
To request strategic analysis services and development and qualification plans for ISO systems related to risk analysis, risk management, and business sustainability:
https://strategymission.org/request-services-ar
Or for free consultation (before the service request):
https://wa.me/966115207024
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