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Showing posts with the label Plating on Plastics Industry

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