Global plastic plating market
DUBLIN, Feb. 16, 2024 (Globe Newswire) — The “Global Plating Market for Plastics: Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2023-2028” report has been added. ResearchAndMarkets.com Recruitment.
A recent comprehensive analysis of the global plastic plating market highlights significant growth driven by the fast-growing automotive and electronics sectors. The study closely examines industry trends, market share, size, growth opportunities, and forecasts from 2023 to 2028, reflecting market resilience and innovation-driven approach.
Influential drivers such as adoption of plating on plastic (POP) to achieve improved aesthetics, weight reduction, and corrosion resistance in automobiles will reach a market valuation of approximately USD 639 million in 2022. did. Continuing advances and applications continue to raise expectations. It shows a solid growth trajectory towards USD 1,019.7 Million by 2028, at a CAGR of 8.10% during the forecast period.
Technological innovation continues to drive growth across the industry
Plating on plastics is widely used in a variety of applications because it combines the shine and functionality of metal plating with the versatility and performance of plastics. The market report categorizes the POP market into various plastics such as ABS, ABS/PC, PEI, PBT, LCP, PEEK, PP, etc., with ABS leading the market due to its favorable properties for electroplating. Chromium and nickel remain the dominant plating types, with chromium dominating the market share.
Evolving applications transform market dynamics
POP applications span multiple industries including automotive, building and construction, utilities, and electronics, with automotive being known to hold the largest market share. Regionally, Europe has emerged as the market leader due to factors such as stringent environmental standards and a rapidly growing automotive industry. Meanwhile, the Asia-Pacific region is experiencing significant growth due to rapid industrialization and technological innovation.
Market expansion due to rising environmental awareness
The competitive landscape of the global plastic plating market reflects strategic collaborations, innovative solutions, and eco-friendly advances. Industry leaders are pioneering the movement towards sustainable POP processes, aligning with global environmental standards and regulations and eliminating the use of environmentally harmful substances.
Global Plating on Plastics Market: Comprehensive Survey Collection
Detailed insights of research publications include analysis scope for global, regional, and country-level forecasts, including key market segmentations. Further research reveals market dynamics and strategically highlights the industry's potential in the face of changing global trends and consumer preferences. The report focuses on competitive benchmarking and insightful market segmentation and serves as a reliable source for comprehensive market understanding.
This publication confirms the importance of plating on plastics in modern industrial applications, making it a must-read for stakeholders, investors, and decision makers seeking a strategic advantage in a competitive environment. . For those interested in further insights, this report provides an extensive analysis highlighting potential market trajectories.
A comprehensive analysis of the Plastic Plating market provides industry professionals with the foresight needed to make informed decisions and take advantage of emerging opportunities within this dynamic market.
Main topics covered:
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Market overview
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Impact of the new coronavirus infection (COVID-19)
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Market breakdown by plastic type
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ABS
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ABS/PC
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pay
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PBT
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LCP
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peak
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PP
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others
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Market breakdown by plating type
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Market breakdown by application
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regional analysis
key attributes
report attributes |
detail |
number of pages |
143 |
Forecast period |
2022-2028 |
Estimated market value in 2022 (USD) |
$639 million |
Projected market value to 2028 (USD) |
$1,019.7 million |
compound annual growth rate |
8.1% |
Target area |
global |
Companies mentioned
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Art Craft Plating and Finishing Company Co., Ltd.
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Atotech
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Volta Werke GmbH
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Cyber Shield Co., Ltd.
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Dupont de Nemours Co., Ltd.
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Galva Deco Parts Pvt. Ltd.
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JCU Co., Ltd.
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Leader Plating Co., Ltd. on Plastic
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MacDermid Incorporated (Element Solutions Inc)
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MPC Plating Co., Ltd.
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Philips Plating Co., Ltd.
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Precision Plating (Aust) Pty Ltd.
For more information on this report, please visit https://www.researchandmarkets.com/r/ie99z0.
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