What is Zinc Plating?
Zinc plating is used to protect metals such as iron and steel against corrosion and rust. It involves the electrodeposition of a thin coating of zinc metal onto the surface of another metal object, known as a substrate. Zinc plating creates a formidable corrosion-resistant barrier that prevents rust from reaching the underlying metal surface. The remarkable effectiveness of zinc plating combined with its relatively low cost has made it a popular choice for protecting surfaces in all types of manufacturing processes.
The market study is broken down by Type (Alkaline Zinc, Acid Zinc and Others), by Application (Automotive Parts, Screws and Small Fasteners, Consumer Products, Home Appliances and Others) and major geographies with country level break-up.
Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Zinc Plating market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
American Galvanizers Association (United States), Chem Processing (United States), Allegheny Coatings (United States), Atotech Deutschland (Germany), KC Jones Plating Company (United States), Cadillac Plating (United States), Pioneer Metal Finishing (United States), Micro Metal Finishing (United States), Roy Metal Finishing (United States) and Allied Finishing (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Peninsula Metal Finishing (United States), ASB Industries (United States), Kuntz Electroplating (Canada) and Birmingham Plating (United Kingdom).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Zinc Plating market by Type, Application and Region.
On the basis of geography, the market of Zinc Plating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Alloy Type, the sub-segment i.e. Zinc-Iron will boost the Zinc Plating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Consumer Goods will boost the Zinc Plating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color, the sub-segment i.e. Clear will boost the Zinc Plating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method Type, the sub-segment i.e. Barrel Zinc Electroplating will boost the Zinc Plating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Class Type, the sub-segment i.e. Fe/Zn 5 will boost the Zinc Plating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On September 18, 2018, RMF has been acquired by Aalberts Industries N.V., a public Dutch technology company, founded in 1975 and based in 50 countries worldwide. Aalberts chose to partner with RMF because of its outstanding industry leadership in technology, innovation, operational efficiency, customer service and commitment to the community.
Market Trend
- Cost-Effective and Less Labour Intensive Barrel Zinc Plating Process
Market Drivers
- Growing demand from automobiles and aircraft industry, expansion in the electronic industry, and rise in demand for consumer good material finishing are some of the key factors driving the demand of the market.
- Low-Cost and Bio-Friendly Alternative
Opportunities
- Zinc plating has a lower corrosion rate than steel in most atmospheres when in contact with water and provide a long-lasting finish, which will create a lucrative opportunity over the forecasted period.
- Zinc Plating in Advanced Driver Assistance Systems (ADAS) Manufacturing
Restraints
- Stringent Government Rules and Regulations owing to Hazardous Emissions
- Fluctuation in Raw Material Prices
- An alternative such as ZnCoat
Challenges
- Risk of Hydrogen Embrittlement
- High Level of Expertise Required Owing to Complex Process
Key Target Audience
Zinc Plating Service Providers, Raw Material Suppliers, Automotive and Manufacturing Companies, Electronic Appliances Manufacturers, Agriculture Equipment Manufacturers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.