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Global Plating on Plastics Market Analysis - By Plastic (ABS, PC (Poly Carbonates), PEI (polyetherimide), PET (polyethylene terephthalate), PBT (polybutylene terephthalate), LCP (Liquid Crystal Polymer), PEEK polyether ether ketone), PP (polypropylene) and Nylon), By Application (Automotive, Domestic Fittings, Electronics and Electrical), By Region ((North America (U.S., Canada), Europe (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU), Asia Pacific (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC), Latin America (Brazil, Mexico, Argentina, Chile), Middle East and Africa (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)) - Industry Size, Share, Trends, Growth, Forecast | 2022 to 2027

Published: January, 2022
ID: 9043
Pages: 150
Formats: report pdf report excel report power bi report ppt

Global Plating on Plastics Market Size, Share & Growth (2021 - 2026)

According to our research report, the market size of Plating on Plastics at a global level is projected to reach USD 1 billion by 2026, growing at a CAGR of 7.1% during the forecast period 2021 – 2026.

Plating on plastics has wide applications in the automotive industry from initial days and continuing to make use of its applications appropriately. These plastics materials offer high tensile strength and can withstand harsh climatic changes. Modern techniques in the process of electroplating on plastics are cost-effective and exhibit high resistance towards corrosion. The process involves etching a chromic acid-based solution and neutralizes the excess chromic acid produced while processing. Later, palladium and thin salts solution is applied which acts as a catalyst when reacts with nickel or copper. Using standard plating technology, the material goes on the electroplating process.

Shifting trends towards lightweight vehicles in the automotive industry is a major factor driving the demand of the market. Increasing demand for cost-effective and high-quality metal finish structures is also accelerating the growth of the market. Growing constructional activities and people's interests over innovative infrastructure are propelling the demand of the market additionally.

However, stringent rules and regulations by the government in the utilization of plastic materials are quietly declining the growth of the market. Volatility in the availability of raw materials remained a challenging factor for market developers.

Rise in the investments on the industries to improve productivity by both public and private organizations are likely to bolster the demand of the market in the future. Growth opportunities for the market lie in the increasing applications in the electrical and electronics industry due to its superior properties. Growing disposable income in urban areas is also fueling the demand of the market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2018 – 2025

Base Year

2018

Forecast Period

2019 - 2025

Segments Covered

By Application, Plastic & Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities.

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa.

Market Leaders Profiled

Chromoplastica, Arteraft Planting, Atotech, Bolta Werke, Cybersheild & Others

 

This research report on the Global Plating on Plastics Market has been segmented & sub-segmented into the following categories and analyzed market size forecast for each segment until 2024.

Plating on Plastics Market – By Plastic

  • ABS
  • PC (Poly Carbonates)
  • PEI (polyetherimide)
  • PET (polyethylene terephthalate)
  • PBT (polybutylene terephthalate)
  • LCP (Liquid Crystal Polymer)
  • PEEK polyether ether ketone)
  • PP (polypropylene)
  • Nylon

On the basis of plastic, the ABS segment is witnessed in leading the highest shares of the market. Increasing the emergence of advanced feature systems in the cars and other vehicles is mainly outshining the demand of the market.

Plating on Plastics Market – By Application

  • Automotive
  • Domestic Fittings
  • Electronics
  • Electrical

On the basis of application, the automotive industry accounted for dominating shares of the market. Rising demand for transportation and increasing the manufacturing rate of new vehicles is fueling the growth rate of the market.

Plating on Plastics Market – By Region

  • North America - (U.S, Canada)
  • Europe - (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe)
  • Asia Pacific - (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC)
  • Latin America - (Brazil, Mexico, Argentina, Chile & Rest of LATAM)
  • Middle East & Africa - (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)

Regionally, North America is leading with the highest shares of the market by owing to the quick adoption of the latest technologies and the launch of new products that are performing well. Asia pacific is positioned second in holding significant shares of the market with the rise in the scale of end-user industries. Also, increasing support from the government institutes through funds is greatly influencing the demand of the market in this region.

Europe is estimated to be growing at a faster rate and will continue at the same rate throughout the period. Growing economy in developed and developing countries and the rise in the construction of residential buildings at the effective prices are lavishing the demand of the market. The Middle East and Africa are anticipated to have a slight inclination in the growth graph in the near future with the rising demand for lightweight materials with high quality.

Top companies in the market

Companies dominating the Global Plating on Plastics Market profiled in this report are Chromoplastica, Arteraft Planting, Atotech, Bolta Werke and Cybersheild.

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