Title: Plating On Plastics Market: Trends by Types and Application, Forecasts Analysis to 2026
1 Plating On Plastics Market - Demand, Growth,
Revenue Statistics and Forecast to 2026
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2Global Market Scenario of Plating On Plastics
Industry
- As they create the impression of higher quality
and offer plastic the innate ability to conduct
electricity, plating on plastics will continue to
gain traction across applications. In the latest
research report by Global Market Insights, Inc.,
plating on plastics market size is poised to
surpass US931 mn by 2026. - Over the past decade, plating on plastics market
has turned out to be a lucrative business and has
continued to be in high demand. Several leading
companies have come to the fore to use plastics
to reduce weight of the vehicle to boost fuel
efficiency and minimize production costs. As
plastic components are less vulnerable to wear
and corrosion, they are being highly sought-after
in automotive industry, domestic fittings and
electronics electrical sectors. - Increased demand for plating on plastics in
automotive sector has become more apparent in
recent years as it is economical to produce
complex shapes from plastic and plate them with
chrome and nickel for a good finish.
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3Continue-
- It is estimated that plating on plastics will
largely be employed in the auto sector,
especially in commercial vehicles and passenger
cars. Notably, the ABS/PC blend is being utilized
in high-temperature automotive applications,
especially wheel covers. Some of the factors such
as aesthetic design and weight reduction have
become instrumental fueling the demand for
plating on plastics in the automotive landscape. - Prominently, electroplating is being used to
refurbish old automobile parts such as tire rims,
bumpers and grills. - In a bid to attain a competitive edge in the
industry, adoption of plating on plastics in
domestic fittings and electronics and electrical
applications will become more pronounced in the
next half a decade. For instance, plating has
become a cost-effective and efficient
conductivity solution for manufacturing
electrical components. Friction build-up is being
reduced with the aid of nickel plating in
electrical connectors.
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5360 Industry Analysis
- Demand for plating on plastics market has surged
drastically in recent years North America, APAC,
and Europe. Environmental compliance and
enhancements in quality have made plating on
plastics process a highly sought-after
manufacturing process. Fueled by the U.S.
Environmental Protection Agency (EPA) and
European REACH (Registration, Evaluation,
Authorization, and Restriction of Chemicals)
regulations and surged costs of waste management,
investment in plated plastics may rise in the
next five years. With nickel and chrome being
used profoundly, plating on plastics offers
growth opportunities for manufacturers of metal
finishes. - Soaring popularity of plating on plastics market
in automotive and domestic and fittings will
probably provide opportunities galore to
stakeholders eyeing to expand their footprints. -
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6- Competitive Analysis
- Artcraft Plating Finishing, Atotech, BIA
Kunststoff- und Galvanotechnik (BIA), Bolta Werke
GmbH, C. Uyemura Co. Ltd, Chromoplastica CMC
S.r.l, Coventya, Cybershield, Inc, Dixline
Corporation, Dow Chemical Company, Enthone, Galva
Decoparts Pvt. Ltd, Grohe AG, JCU Corporation,
Leader Plating on Plastics Ltd., MacDermid Inc.,
MPC Plating Inc, Okuno International, Phillips
Plating Corporation, Plating on Plastic AB
(P.O.P), Precision Plating (AUS) Pty. Ltd,
Sarrel, Sharretts Plating Company (SPC), SRG
Global Inc, Techmetals, Xin Point Holding
Limited, Minth Group.
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