Advanced Materials Industry Plating on Plastics Market Trends 2024

Your Catalyst To a Lucrative Business
Plating on Plastics (POP) Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 | Hexa Research
" The global Plating on Plastics market value is
expected to exceed USD 135 million by 2024 growing
at an estimated CAGR of over 6.5% from 2016 to
2024. "
The global plating on plastics (POP) market is projected to exceed 135 million square meters by 2024 growing
at a CAGR of over 6.5 % over the forecast period (from 2016 to 2024). The rising adoption levels of plating in
the automotive industry to provide a decorative appearance to vehicles is driving the market growth.
Moreover, growing production capacity along with the launch of new automobiles in the Asia-Pacific region is
also likely to boost the overall market growth. The global market is categorized as polymer, finish, applications,
and regions.
The polymer sector includes ABS, PC, PEI, PC/ABS, PBT, PET, LCP, PP, PEEK, and Nylon. Acrylonitrile Butadiene
Styrene (ABS) was the major polymer utilized in plastic plating market. It is widely preferred as it provides ease
in the plating process. Plus, it is reasonably priced as compared to several other polymers. Polycarbonate-ABS
(PC/ ABS) occupied over 10 % of the overall demand in 2015 and is expected to grow at a CAGR of over 7 %
from 2016 to 2023. This mix includes between 40 and 60 % of ABS and the rest consisting of PC. Other polymers
(PP, LCP, PET, nylon, and PEEK) are expected to experience a slow growth over the next few years.
The finishing sector includes Chrome (copper, nickel, and chromium). The size of the chrome-plated plastics
market was over USD 360 million in 2015 and it is expected to consolidate in the near future. Copper plating is
done to provide decorative coating and electrical conductivity. Nickel provides wear resistance and enhances
corrosion resistance increasing the surface thickness.
Browse Details of Report @ https://www.hexaresearch.com/research-report/plating-on-plastics-pop-market
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