Global Gold Plating Chemical Market, 2014-2024: ByType, and By Application
|鍍金用化學品的全球市場(2014年∼2024年):各類型，各用途 Global Gold Plating Chemical Market, 2014-2024: ByType, and By Application|
|出版日期: 2020年07月01日||內容資訊: 英文||
Global Gold Plating Chemical Market, 2014-2024: ByType (Cleaning Chemicals, Pre-treaters, Electrolyte Solutions, Acids, Additives, and Others), and By Application (Printed Circuit Board, Connectors, Jewelry, Infrared Reflectors & Radar, Gold Plating Products, and Others).
Gold plating is a method of depositing a thin layer of gold onto the surface of another metal to make it finish. Gold plating chemicals give the new look to jewelry, cutleries, optical frames, and various other types of surfaces. Potassium gold cyanide, sodium succinate, EDTA, palladium acetate, succinic acid among others are some of the commonly used gold plating chemicals. Potassium gold cyanide is the most important gold plating chemical. Almost all the gold used for contacts in the electronic industry is derived from potassium gold cyanide. Plating chemicals used on precious form of metal is known to exhibit exceptional heat shielding characteristics features and are widely used in conducting electroplating bath.
Gold plating chemicals can be categories based on type into cleaning chemicals, pre-treaters, electrolyte solutions, acids, additives, and others. Gold plating chemicals has wide area of end use industry application included electronics, printed circuit board, connectors, jewelry, infrared reflectors & radar, gold plating products and others. Gold plating is often done on electronic parts to increase shelf life of product and make them better resistant to corrosion. It also protects them against wear & tear and provides the remarkable ability to form thermocompression ponds. It also used in electrical connectors and printed circuit boards. Gold plating chemical offers mechanical as well as chemical properties which leads to widely employed into the fabrication of electronic and microelectronic devices such as diodes, calculators, and transistors heat sinks, heater, springs, wires connectors and micro switches. It is also widely used in the aerospace, spacecraft instruments and radar for reflection of infrared.
The global gold plating chemical research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global gold plating chemical market is growing at a fast pace and increasing its geographical footprint rapidly. The global gold plating chemical market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in North America region due to rising demand from end use industry. The major growth driver for gold plating chemical market is the extensive use by electronics industry. Rising demand of consumer electronics, semiconductor and printed circuit board is expected to drive the gold plating chemical market growth globally. Besides North America, APAC have a highly lucrative market for gold plating chemical due to rising awareness and growing economy of the region. The high utilization in jewelry, ornaments and cutleries is expected to drive the gold plating chemical market in the region. In addition, Modernization of equipment spacecraft, aerospace and defense industry fueling the growth in gold plating chemical market globally.
The cyanide used for plating bath is highly toxic and has various side-effects on human is the major impediments to the global gold plating chemical market growth.
Gold plating chemical enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of gold plating chemical market globally. The companies that lead global market are, Johnson Matthey, Technic, Umicore, Legor Group Spa, Matsuda Sangyo, METALOR, American Elements, and Hiemerle + Meule.
The research process includes the market segmentation of the global gold plating chemical market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global gold plating chemical market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: