Plating on Plastics (POP) Market - Positive Long-Term Growth Outlook 2025

Rising applications in automotive and electronics industry has been a major factor driving the market growth. POP involves plating a metal such as chrome, nickel and others onto a polymer substrate. It is done in order to deliver functional and decorative benefits to the resin.

The Global Plating on Plastics Market is expected to reach USD 777.27 million by 2025, according to a new report by Grand View Research, Inc.

Plating ability has an inverse relation with the chemical resistance of the polymer substrate, which means higher the chemical resistance, the more difficult it is to plate. Thus, manufacturers prefer ABS for plating. ABS was estimated as the largest plastic category in 2016 and is expected to grow substantially over the forecast period. Other popular plastic types include ABS/PC, PBT, PEEK and others.

Applications in electronics are expected to register the fastest growth over the next eight years with an estimated CAGR of around 8.1% from 2017 to 2025. Added benefits of metal to the plastic substrate enhance the overall strength, aesthetic appearance and corrosion resistance of the product. The finished product is light weight and is ideal to be used in automotive, electronics and other end use industries.

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Increasing environmental concerns and need for cheaper light weight vehicles is posing higher demand for POP market. The application areas of POP are also expanding in utilities, medical devices and consumer goods owing to their wide benefits.

Top Players of Plating on Plastics (POP) Market:

Key players including Atotech, Cybershield, Dow Chemical and Sharrets Plating Inc. dominated the global plating on plastics market.

Market Segmentation of Plating on Plastics (POP) Market:

The Global Plating on Plastics Market segmented on the basis of Plating Type, Plastic Type and Application.

By Plating Type:

    Chrome
    Nickel

By Plastic Type:

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

By Application:

    Automotive
    Building & Construction
    Utilities
    Electronics

Inquire about Plating on Plastics Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4486

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