Plating on Plastics Market 2021 Business Development Strategy, Key Stakeholders and Regional Demand Analysis to 2027

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Plating on Plastics Market Share, Size,
Competitive Strategies and Forecast 2021 2027
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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.

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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.

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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.
•  

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• 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.

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Latest Research Report On Plating on Plastics
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