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Plating on Plastics Market

Plating on Plastics Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% During 2023-2036 and Attain ~USD 2 billion by 2036

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Plating on Plastics Market

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  1. Plating on Plastics Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8% During 2023-2036 and Attain ~USD 2 billion by 2036 Research Nester’s recent market research analysis on “Plating on Plastics Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global plating on plastics market in terms of market segmentation by finish type, plastic, application and by region. Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-5699 Growing Product Usage in Electronics and Positive Outlook on Automobile Industry to Promote Global Market Share of Plating on Plastics Market The global plating on plastics market is estimated to grow majorly on account of the increased demand for plastics in the automotive sector. The rise in the need for lightweight components and the growth focus on enhancing fuel economy is fueling the demand for the global plating on plastics market during the forecasted period. There has been rising concern regarding corrosion and chemical degradation in the plumbing, construction, and building materials. In the year 2022, it has been found that the global cost of corrosion was estimated to be around USD 2.51 trillion, equivalent to almost 3.41% of the global GDP. Market players are using plating on plastic devices to avoid this cost. On the back of this, the global plating on plastics market is projected to garner remarkable growth during the forecasted period. Other than this, plating on plastic is deployed in manufacturing pip fittings or faucets, which decreases the chances of corrosion and increases the lifespan, and lowers the maintenance of the pipes and faucets. These factors are expected to

  2. bolster the market growth during the forecasted period. Other than this, in the oil and gas sector, POP is widely used for metal finishing methods because there is a requirement for corrosion-resistant parts in the industry. Hence, the rising oil and gas industry is augmenting the global plating on plastics market during the forecasted period. Some of the major growth factors and challenges that are associated with the growth of the global plating on plastics market are: Growth Drivers: Rising Usage of POP in the Construction Industry Rising Aesthetic Trends Challenges: Environmental concerns related to the non-biodegradability of plastic, strict regulatory norms, and varying prices of metal are some of the major factors anticipated to hamper the global market size of global plating on plastics market. Request for customization @ https://www.researchnester.com/customized-reports-5699 By application, the global plating on plastics market is segmented into automotive, electrical & electronics, construction & buildings, utilities, and domestic fittings. Out of these, the automotive segment is projected to gain a robust market share of almost 45% in the coming years. The POP technique in the automotive industry helps in giving robust coating to the metal and enhances its aesthetic appeal and corrosion resistance. By region, the Europe plating on plastics market is to generate the highest revenue by the end of 2036. The growth of the market in the region can be

  3. attributed to rising demand for lightweight components along with rising vehicle production. This report also provides the existing competitive scenario of some of the key players of the global plating on plastics market which includes company profiling of Koch Industries Inc., Grauer and Weil India Ltd., Integran Technologies Inc., Element Solutions Inc., Galva Decoparts Pvt. Ltd., DuPont de Nemours Inc, Cybershield Inc., Covestro AG, Plasman Plastics Inc., MPC Plating Inc., Phillips Plating Corp., Leader Plating on Plastic Ltd., DIC Corporation and others. Access our detailed report @ https://www.researchnester.com/reports/plating-on-plastics- market/5699 Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919

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