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Precious Metal Plating Chemicals Market to Reach US$ 2.4 Billion … – GlobeNewswire

| Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, UNITED STATES
Wilmington, Delaware, Nov. 06, 2023 (GLOBE NEWSWIRE) — According to RationalStat’s most recent industry analysis, the Global Precious Metal Plating Chemicals Market value is estimated at US$ 1.9 billion in 2023 and is expected to rise at a strong CAGR of over 3.8% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview                                                              
Precious metal plating chemicals are specialized chemicals that are used in electroplating to coat surfaces with a thin layer of precious metals such as gold, silver, platinum, and rhodium. These coatings improve the plated objects’ look, durability, and conductivity. Precious metal plating is frequently utilized in industries such as electronics, jewelry, automotive, aerospace, and telecommunications where high-quality surface finishes and electrical conductivity are required.
Precious metal plating is used to promote optimal conductivity and corrosion resistance in high-performance connections used in industries such as automotive and aerospace. As these industries expand, so does the demand for improved plating chemicals.
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Global Precious Metal Plating Chemicals Market: Segmental and Market Share Analysis
Report Synopsis
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global precious metal plating chemicals market include,
Some of the prominent players and suppliers operating and contributing significantly to the global precious metal plating chemicals market growth include Atotech Deutschland GmbH, Technic, Inc., Umicore N.V., Heraeus Holding GmbH, Johnson Matthey Plc, Advanced Chemical Company, Coventya Group, JCU International AG, Tanaka Holdings Co., Ltd., and Legor Group S.p.A., among others.
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RationalStat has segmented the global precious metal plating chemicals market based on type, application, and region

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Key Questions Answered in the Precious Metal Plating Chemicals Report:
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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