Global Zinc Nickel Alloy Plating Market

Posted by Ganesh Mane on February 2nd, 2021

Global Zinc Nickel Alloy Plating Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at CAGR of XX% during forecast period of 2020 to 2027.

Global Zinc Nickel Alloy Plating Market Drivers and Restrains:
Zinc-Nickel alloy plating is a galvanization process for corrosion protection of metal exteriors and rising their wear resistance. Zinc-Nickel is accepted as an environmentally safe alternate to cadmium plating. They can also substitute cadmium in galvanic interaction applications, where the plating is designed to reduce corrosion caused by the interaction of dissimilar metals. The agricultural equipment, construction, automotive and other durable goods industries continue to highly focus on zinc nickel alloy plated deposits. Zinc nickel alloy plating is one of the most utilized methods for corrosion resistance in various applications these days.

Currently, nickel electroplating has grown at an average rate of 4% year on year. Global consumption of Zinc Nickel Alloy Plating is now about 75, 000 metric tons (165 Mn lb) and will continue to grow with the expansion of the world economy. Product growth has been maximum in Japan, Taiwan, China, and other Asian countries. Markets in the U.S. and Europe are stable, but may begin rising again if the decline in automotive decorative plating reverses itself.
The growing automotive industry and zinc nickel-plated steel strip are used for making battery electrodes, battery cans and other components are also projected to impelling the market growth in the forecast period. However, the high cost of zinc-nickel alloy plating is restraining the market growth at the global level. The electro deposition of thin, zinc-nickel alloy plating on auto-body steel as a base for paint has created new opportunities for the key players in the market. Zn-Ni alloy plating offers manufacturers beneficial options for achieving ever-increasing regulatory, warranty, and performance requirements that affect their products.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Global Zinc Nickel Alloy Plating Market Segmentation Analysis:
Based on the type, the automotive segment has led the zinc nickel alloy plating market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. As zinc nickel plating chemistries have developed, the operating cost related to the performance advantages has become more attractive, this trend is important particularly in the automobile sector where large warranty periods, are expected to fuel demand for the corrosion resistance offered by zinc nickel alloy plating. Recently, the reinforcement of the corrosion specifications of major European car manufacturers and the End of Life Vehicles Directive need greater use of alkaline Zn/Ni comprising among 12% and XX% Ni (Zn/Ni 86/14).

Global Zinc Nickel Alloy Plating Market Regional Analysis:
Geographically, the zinc nickel alloy plating market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held the prominent market share of XX% in 2019 and is expected to reach US$ XX Mn by the end of 2027, with a CAGR of XX%. Urbanized countries such as the U.S. and Canada are the major contributor to the regional market. The presence of key market players and the expansion of existing automotive plating plants in the developed countries will drive the growth of the market. U.S. and Canada together estimated US$ XX Mn in 2019, with a CAGR of XX%. An increasing investments in research and development activities for the introduction of advanced plating products are foreseen to accelerate the growth of this region in the near future.

The market in Asia Pacific is anticipated to grow at a high CAGR of XX% over the forecast period. Growing demand and production of passenger and commercial vehicles in developing countries like China, India, Indonesia, and Thailand. The growing automotive industry is the result of increasing disposable income as well as government initiatives and policies encouraging the growth. Moreover, the presence of major automotive OEMs containing GM, BMW, CHRYSLER, Mercedes, Volvo, Ford Trucks & SUV’s, Ford cars, AUDI, Jaguar, Porsche, Volkswagen, Land Rover, Toyota, Nissan, Mazda and Honda are expected to further fuel the zinc nickel alloy plating market in the future.

A report cover the recent development in market for the global zinc nickel alloy plating market e.g., In January 27, 2020, Columbia Chemical Corp. recently acquired Illinois-based Khemex Technical Sales to achieve greater expansion into the pre-treatment chemical market segment of the surface finishing industry.

Columbia Chemical added Colloy A-Z-N 300, a new acid zinc-nickel plating process, to meet a growing demand in the automotive market. This next-generation process offers a level, bright, ductile electrodeposited zinc-nickel alloy coating including 12-15% nickel that consistently distributed at low mid, and high current densities.

The objective of the report is to present a comprehensive analysis of the Global Zinc Nickel Alloy Plating Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Zinc Nickel Alloy Plating Market dynamics, structure by analyzing the market segments and project the Global Zinc Nickel Alloy Plating Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Zinc Nickel Alloy Plating Market make the report investor’s guide.

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Scope of the Global Zinc Nickel Alloy Plating Market:

Global Zinc Nickel Alloy Plating Market, by Type:

⦁ Nickel: 12-20%
⦁ Nickel: 10-15%
⦁ Nickel: 6-20%
⦁ Nickel: 5-12%
⦁ Other
Global Zinc Nickel Alloy Plating Market, by Application:

⦁ Automotive
⦁ Electronics
⦁ Aerospace and Defense
⦁ Other
Global Zinc Nickel Alloy Plating Market, by Region:

⦁ Asia Pacific
⦁ North America
⦁ Europe
⦁ Latin America
⦁ Middle East Africa
Global Zinc Nickel Alloy Plating Market, Major Players:

⦁ MacDermid, Inc.
⦁ Paramount Metal Finishing
⦁ Chem Processing, Inc.
⦁ Micro Metal Finishing LLC
⦁ Plating Technology, Inc
⦁ DeKalb Metal Finishing.
⦁ Pioneer Metal Finishing, LLC
⦁ Interplex Industries, Inc.
⦁ Roy Metal Finishing Co., Inc.
⦁ Allied Finishing, Inc.
⦁ Peninsula Metal Finishing
⦁ Asb Precitech Industries
⦁ Kuntz Electroplating Inc.
⦁ Birmingham Plating Co Ltd
⦁ NiCoForm
⦁ Metal Surfaces Inc
⦁ Cadillac Plating Corporation
⦁ Advanced Plating Technologies
⦁ Hydro-Platers Inc
⦁ Ashford Chroming Services Limited.
⦁ Select-Tron Plating Industries Inc
⦁ American Plating

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