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Plating on Plastics Market Size

Plating on Plastics Market Size

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Plating on Plastics Market Size

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  1. Plating on Plastics Market Share, Size, Competitive Strategies and Forecast 2021 – 2027 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Plating on Plastics Industry • As per the latest research report by Global market insights Inc. has estimated that the global plating on plastics market size will surpass USD 960 million in annual revenue by 2027. • Growing consumer need for product differentiation and superior aesthetics in automobiles will enhance the plating on plastics industry share. The rising imposition of stringent regulations has pushed auto manufacturers to adopt lightweight composites to enhance fuel efficiency. Moreover, the surge in demand for electronics and electrical appliances with higher strength has necessitated enhanced appearance and resistance from wear & tear. • Plating on plastics (POP) is widely employed in the manufacturing of auto components, including fuel systems, interior components and their parts. It also provides the capabilities of conducting electricity and non-conductive plastic surfaces. This has led to its increasing adoption in the production of electronics parts and components across the automotive and aerospace sector. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • Demand for chromium finish POP recorded USD 170 million in 2020 and will grow at a robust pace in the coming years owing to its wide adoption in fabricating diverse mechanical and automotive components. Chromium metal plating not only renders a smooth surface finish and improved aesthetic appeal and corrosion resistance but also acts as an effective barrier to counter harmful gasses and corrosion. • The industry share from PC/ABS plastics had surpassed USD 60 million in 2020. This can be attributed to the increasing penetration of these plastics in various blends to provide higher mechanical strength and excellent ductility. The PC/ABS components are also extensively employed in a range of automotive and electronics applications on account of their excellent mechanical and electrical properties. Besides, the presence of metal plating on PC/ABS offers higher toughness and impact resistance and hence marks an extensive presence in auto component manufacturing. • The plating on plastics market revenue from automotive application is pegged to see significant growth through the analysis timeframe. This is owing to the rising need for lightweight materials as well as higher aesthetic finish in automobile production. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/366 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Asia Pacific plating on plastics industry reached more than USD 175 million in 2020 and will rise at a CAGR of around 8.5% through 2027. This is due to the expanding production of automotive and consumer electronics in Japan, China, India, and South Korea. • There are also significant developments in electric vehicle production in India and China. The rise in foreign investments, higher industrialization and expanding economic growth will additionally drive the regional product demand. Request for customization:https://www.gminsights.com/roc/366 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • Atotech, Dixline Corporation, Dow Chemical, Coventya, Grohe AG, Enthone, Artcraft Plating & Finishing are some of the key players operating in the Plating on Plastics Market. • Driven by such increasing demand, major industry participants are also investing and research and development activities to innovate processes and enhance metal plastic adhesion to meet environmental compliance. That apart, these behemoths are implementing inorganic strategies like mergers, collaborations, acquisitions and capacity expansions to increase their market footprint. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Plating on Plastics Market@ https://www.gminsights.com/industry-analysis/plating-on-plastics-POP-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/366 Request for customization: https://www.gminsights.com/roc/366 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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