The Global Plating on Plastics market is anticipated to reach USD 850.0 million by 2027, according to a new report by Reports and Data. The development of market growth has been driven by the increasing applications in the automotive and electronic industries. P.O.P. requires putting metal on a polymer substratum like chromium, nickel, among others. This is designed to provide the resin with practical and decorative advantages.

The plating capacity has an inverse relationship to the polymer substrate's chemical resistance, which means that the higher the chemical resistance, the harder it is to plate. Manufacturers also use A.B.S. for the plating. A.B.S. is predicted to be the biggest group of plastics and is expected to rise significantly over the projected period. Other-types of plastics include ABS / PC, PBT, PEEK, and others.

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Top Players in the Global Plating on Plastics Market:

Atotech, Phillips Plating Corporation, Galva Decoparts Pvt. Ltd., Precision Plating (Aust) Pty Ltd., Classic Chrome Plating Inc., Elix Polymers, Sharrets Plating Inc., MacDermid Incorporated, Leader Plating on Plastic Ltd, and P.O.P Plating on Plastic AB.

Further key findings from the report suggest

• Global demand for P.O.P.s is projected to increase between 2019 and 2027. A.B.S. has emerged as the largest segment of plastics and is expected to produce high revenue by 2027.
• Global demand in the automotive sector is expected to be seeing substantial growth in the coming years. The U.S. automotive product market is expected to achieve high revenue by 2027.
• Due to its broad applicability in the automotive and electrical electronics applications, increased demand for plastics plating is anticipated to boost the global plastics market during the forecast period.
• In recent years, every major player in the industry has made heavy investments in RD programs, which have helped to create many innovative products. Big companies aim to broaden their product range through fusions with small and medium-sized firms. Over the coming years, there is also an intense rivalry between the clubs.
• Due to numerous developments across major economies, especially in the processed automotive electronics sector, the industry in Asia-Pacific is forecast to witness significant growth over the next decade. This area is projected to rise from 2019 till 2027 at a fast CAGR.
• In February 2018, Teijin Limited announced the launch of its newly produced petrol-resistant film made of PLANEXT bioplastic to replace chrome plating, which Honda Lock Mfg has created. Co., Ltd has now introduced smart-entry integrated door handles for non-conductive door handles.

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Plating on Plastics Market Segmentation:

Plating Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Chrome
• Nickel
• Others

Plastic Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• ABS
• ABS/PC
• PEI
• PBT
• LCP
• PEEK
• PP
• Nylon/Polyamide

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

• Automotive
• Building Construction
• Utilities
• Electronics
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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