(MENAFN- Ameliorate Digital Consultancy)
The Duplex Nickel Plating market refers to the industry that produces and sells duplex nickel plating, which is a process of electroplating two layers of nickel on a metal surface. Duplex nickel plating is characterized by a thin layer of electroless nickel plating followed by a thicker layer of electrolytic nickel plating. The process is often used to improve corrosion resistance and improve wear resistance of the metal surface.
The market for duplex nickel plating is driven by the increasing demand for corrosion-resistant and wear-resistant metal surfaces in various end-use industries such as aerospace, automotive, and industrial machinery. Additionally, the growing trend towards eco-friendly and sustainable products is also expected to drive the market for duplex nickel plating.
Factors such as fluctuations in raw material prices, stricter regulations, and lack of standardization may act as a restraint for the market growth. Also, the increasing demand for duplex nickel plating in the Asia-Pacific region is expected to provide significant growth opportunities for the market players in the coming years.
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Main Segments Covered in Duplex Nickel Plating Industry Research
Protective Duplex Nickel Plating Decorative Duplex Nickel Plating By Coating Material Surface
Ferrous Duplex Nickel Plating By Plating Type
Steel Stainless Steel Mild steel Carbon steel Cast Iron Non-Ferrous Duplex Nickel Plating
Bright Duplex Nickel Plating Mirror Bright Duplex Nickel Plating Semi Bright Duplex Nickel Plating By Product Type
Nickel-Trivalent Chrome Nickel-hexavalent Chrome Nickel-Microporous Chrome Others By Brightening System
Sulfur Containing Duplex Nickel Plating Sulfur Free Duplex Nickel Plating By Plating Bath
Electroplating Electroless Plating Others By End Use
Automotive Duplex Nickel Plating By Use Case
Motorcycles Aerospace & Defence Duplex Nickel Plating Industrial Fasteners & Tools Duplex Nickel Plating Others
Interior Cars & Trucks
Front Fork Inner Tubes Shock Absorber Piston Rods Hydraulic Pistons Cylinders Exterior
Body Bumpers Exhaust Pipes
Fuel Systems Turbochargers Transmission Braking Systems Drive Shafts Valves Others Exterior
New Duplex Nickel Plating Duplex Nickel Restoration
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Key Takeaways from Study
The global duplex nickel plating market is anticipated to add 1.7X value by 2031. Decorative segment captures a major chunk in duplex nickel plating, and is set to create an absolute $ opportunity of around US$ 323 Mn over 2021-2031. Among the plating types, bright duplex plating has been the fastest-growing segment, owing to high wear resistance capabilities over others. North America is set to dominate market revenue in 2021, and this regional is expected to expand at 4% CAGR through 2031. Due to the COVID-19 crisis, demand for duplex nickel plating was hit in 2020, which saw a decline of 2% over the 2nd and 3rd quarters.
Key Companies Profiled
Atlas Chrome Plating and Powder Coating Auromex Capron Manufacturing Century Plating Company Eastern Plating LLC Electrochemical Products, Inc. Elite Finishing, LLC Highnic group Hohman Plating Leonhardt Plating Company Metal Plate Polishing Inc. Transcend Chrome Inc.
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More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global duplex nickel plating market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031.
The study reveals essential insights on the basis of type (protective, decorative), coating material surface (ferrous (steel, stainless steel, mild steel, carbon steel, cast iron), non-ferrous (copper, brass)), plating type (bright, mirror bright, semi bright), product type (nickel-trivalent chrome, nickel hexavalent chrome, nickel microporous chrome, others), brightening system (sulfur containing, sulfur free), plating baths (electroplating (watt bath, wood bath), electroless plating, others), end use (automotive ( motorcycles (interior (front fork inner tubes, shock absorber pistons rods, cylinders), exterior (body, bumpers, exhaust pipes)), cars & trucks (interior (fuel systems, turbochargers, transmission, braking systems, drive shafts, valves, others)), aerospace & defence, industrial fasteners & tools plating, others), and use case (new plantings, restoration), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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