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Plating on Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A4158
Market Overview:
The global plating on plastics market size reached US$ 591.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 941.1 Million by 2027, exhibiting a growth rate (CAGR) of 8.1% during 2022-2027.
Plating on plastics (POP) refers to the process of electroplating a plastic surface with different metals, such as chrome, nickel, electroless nickel, cobalt phosphorus, copper, gold, and silver. It involves cleaning, pre-dipping, etching, conditioning, neutralizing, activating, accelerating, and bath immersion. It is primarily utilized for enhancing the aesthetic appeal of products, promoting electrical conductivity, increasing surface hardness, improving corrosion and wear resistance, and providing a base coating. At present, it finds a wide range of applications in the automotive, electronics, and plumbing industries across the globe.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Plating on Plastics Market Trends:
POP is employed in the automotive sector worldwide for manufacturing window trims, interior trims, auxiliary lamps, mirror housings, radiator grills, name badges, and front and rear lamps. This can be accredited to its advantageous properties, such as lowering costs and offering weight reduction. Apart from this, POP is used to improve the aesthetic appearance of plastic trims on computers, knobs, mobile phones, buttons, and switches. Furthermore, the key players are focusing on producing eco-friendly product variants by eliminating the utilization of fluorinated surfactants, phosphates, formaldehyde, and boric acid. These players are also increasing the adoption of multi-molded and two-shot parts processes for reducing costs and improving the existing product quality. The market is also driven by technological advancements in electroplating technology. For instance, the utilization of double-layer nickel systems that comprise a semi-bright underneath layer with a bright nickel topcoat is assisting in improving the corrosion resistance capability of POP. This, along with the development of a micro discontinuous chromium system for enhancing the resistance of nickel and chromium deposits during the metallization process, is anticipated to fuel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plating on plastics market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on plastic type, plating type and application.
Breakup by Plastic Type:
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- ABS
- ABS/PC
- PEI
- PBT
- LCP
- PEEK
- PP
- Others
Breakup by Plating Type:
- Chrome
- Nickel
- Others
Breakup by Application:
- Automotive
- Building and Construction
- Utilities
- Electronics
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Artcraft Plating and Finishing Company Inc., Atotech, Bolta Werke GmbH, Cybershield Inc., DuPont de Nemours Inc., Galva Decoparts Pvt. Ltd., JCU Corporation, Leader Plating on Plastic Ltd, MacDermid Incorporated (Element Solutions Inc), MPC Plating Inc., Phillips Plating Corporation, and Precision Plating (Aust) Pty Ltd.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Million |
| Segment Coverage | Plastic Type, Plating Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Artcraft Plating and Finishing Company Inc., Atotech, Bolta Werke GmbH, Cybershield Inc., DuPont de Nemours Inc., Galva Decoparts Pvt. Ltd., JCU Corporation, Leader Plating on Plastic Ltd, MacDermid Incorporated (Element Solutions Inc), MPC Plating Inc., Phillips Plating Corporation, and Precision Plating (Aust) Pty Ltd. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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