Gold Plating Chemicals Market size is assessed at USD 498.5 million in 2024 and is poised to cross USD 851 million by the end of 2037, expanding at more than 4.2% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of gold plating chemicals is estimated at USD 519.4 million.
The gold plating chemicals market is anticipated to rise due to the hike in demand from various end-use industries, such as electronics, jewelry, and aerospace, among others. Versatility and superior conductivity have made gold an integral part of present-day electronics, which foster market growth. Moreover, continuous advancements in plating technologies and growing interest in sustaining resources would further open new vistas of opportunities for market players. This is further accelerated by the introduction of more intelligent devices and 5G technology.
The companies in the market are heavily involved in various research and development-related activities to introduce improved product offerings. Also, governments around the world are playing a crucial part in shaping the gold plating chemicals market. According to a 2024 report by the Environmental Protection Agency (EPA), new standards regarding the maximum allowable limits of harmful substances emitted due to industrial processes will induce the market toward sustainability. This is anticipated to drive more innovations in the field.
Author Credits: Rajrani Baghel
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