Market Analysis Report Plating On Plastics (POP) Market

Your Catalyst to a Lucrative Business Plating On Plastics (POP) Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2024 | Hexa Research “ Plating On Plastics (POP) Market Growing At 6.5% CAGR Till 2024.” 30 April 2019, The global plating on plastics (POP) market is projected to exceed USD 135 Million 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. Follow Us: