Plating on Plastics (POP) Market
Plating on Plastics (POP) Market Analysis by Chrome, Nickel, and Others for Automotive, Building & Construction, Utilities, Electronics, and Others from 2023 to 2033
Analysis of Plating on Plastics (POP) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Plating on Plastics (POP) Market Outlook 2023 to 2033
The global plating on plastics (POP) market is forecasted at US$ 771 million for 2023 and is projected to reach a market valuation of US$ 1.52 billion by the end of 2033.
Global demand for plating on plastics is estimated to increase at a high-value CAGR of 7% through 2033. Demand for chrome-based plating is expected to reach a market value of US$ 480 million by 2033-end, increasing at a CAGR of 6.9% from 2023 to 2033.
Increasing demand for plating on plastics is being witnessed in the automotive sector. Plating offers an aesthetic vision of different automotive parts. Plating technology is used widely for electroplating metallic surfaces without making any changes in a lightweight structure.
Plating on plastics is adopted as a creative strategy for covering plastic or metal surfaces to upgrade their properties. Advancing electrical conductivity, improving surface hardness, and improving the stylish allure of any part or section are some noteworthy properties of POP. It is acquiring inescapable applications in the hardware and car business.
Plating on plastics offers an improved stylish appearance and decreased grinding to structures or products. Expanding interest in superior and lightweight materials from numerous sectors, including gadgets, auto, and homegrown fittings is predicted to play a substantial role in the increased demand for POP.
Growing demand for plating on plastics is attributed to its trademark which ensures metallic surfaces without making any modifications to the structure of the composite. The industry is experiencing advancements in electroplating technology that can further improve the quality of the finished product.
Developing regions across the globe are not fully aware of the plating techniques due to the lack of awareness and knowledge about plating on plastics. Government bodies have imposed regulations about the use of some specific chemicals, which will adversely impact market growth opportunities.
Chrome gives effective finishing along with corrosion resistance to materials, but put several side effects on the environment. Industry players are taking various initiatives to overcome challenges and gain a competitive edge.
The newly published research report by Fact.MR, a provider of market research and competitive intelligence, offers a holistic evaluation of the industry. The report provides a comprehensive analysis of key trends, restraints, drivers, segments, factors, and competitive landscape, which are playing a considerable role in market expansion.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 771 Million |
Estimated Market Value (2033) | US$ 1.52 Billion |
Global Market Growth Rate (2023 to 2033) | 7% CAGR |
Canada Market Growth Rate (2023 to 2033) | 6.3% CAGR |
Germany Market Growth Rate (2023 to 2033) | 4.5% CAGR |
Projected Growth Rate of Nickel (2023 to 2033) | 7.5% CAGR |
Key Companies Profiled | Atotech; Dow Chemicals; Leader Plating on Plastic Ltd.; Philips Plating Corporation; MPC Plating, Inc.; Precision Plating (Aust) Pty Ltd.; Sharretts Plating Company, Inc.; O.P. Plating On Plastic AB |
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Which Factors are Driving the Sales of Plating on Plastics?
“Growing Adoption of Electric Vehicles Driving Demand for POP”
In recent years, the automotive industry is growing at a noteworthy rate due to the rising adoption of electric vehicles around the world. Growing use of plating on plastics in the automotive industry is predicted to drive lucrative opportunities for market players. The technology is being used at an increased rate due to its lightweight properties and is especially beneficial in EV production.
For instance :
- According to Global EV Outlook 2022, more than 16.5 million electric cars were running on the roads in the year 2021.
Consumers around the world are becoming aware of the environmental benefits of different lightweight vehicles. Governments are also taking initiatives to control carbon emissions and pollution from vehicles, which can also boost the demand for plating on plastics. POP allows the building of stylish and strong materials without making any significant changes in their nature.
“Noticeable Demand from Building & Construction Sector”
Plating on Plastics is utilized in the building & construction sector. Development of infrastructure, especially in developed countries, and rising urbanization is propelling demand for plating on plastics as it can build materials without changing their nature. Technological advancements in metal coating technology can also open up new opportunities for prominent suppliers of plating on plastics.
What are the Key Challenges Faced by Providers of Plating on Plastics?
“Adherence to Stringent Environmental Regulations”
There are certain barriers and limitations encountered by key players, which will restrict the adoption of POP. The growing rigor in the implementation of regulatory regulations can have some serious implications for comprehensive growth.
The REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) prohibited the utilization of hexavalent chromium in POP. OSHA (Occupational Safety and Health Administration) and EPA (Environmental Protection Agency) laid down some strict regulations about the use of toxic chemicals, which can limit the adoption of plating on plastics.
“Availability of Alternative Options in the Industry”
Industry players experience certain challenges due to the availability of alternatives, including automotive lightweight materials or composites and metals. Thus, the easy availability of alternatives to plating on plastics can adversely impact its sales, which will restrict growth opportunities in the market.
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Which Region is Being Targeted by Suppliers of Plating on Plastics?
“Expansion of Consumer Goods Industry Driving High Demand for POP in North America”
Sales of POP in North America reached a market valuation of US$ 131 million in the year 2022.
Market growth in the region is attributed to the expanding consumer goods sector, which is resulting in the development of various new products that use POP. The constantly changing lifestyle of Americans is projected to generate demand for consumer goods, including electronics, which utilize POP significantly. Thus, these factors are predicted to put positive impacts on growth statistics.
Country-wise Insights
Which Determinates are Fueling the Sales of Plating on Plastics in Japan?
“Rising Demand for Automobiles Boosting Sales of POP in Japan”
Demand for plating on plastics is predicted to advance at a CAGR of 3.7% through 2033 in Japan.
Demand for electric vehicles is increasing at a noticeable speed in Japan, which is resulting in the growing requirement for POP. It enables manufacturers of electric vehicles to build lightweight products.
How is Demand for POP Shaping Up in the United States?
“Increased Per Capita Spending on Consumer Electronics”
The demand for POP was valued at more than US$ 172 million in the year 2022 in the United States.
Growing consumer electronics market in the United States is being driven by population growth and changing lifestyles. The rising per capita income of people is resulting in their increased spending capacity, which will boost demand for consumer electronics. These factors will boost sales of POP shortly.
Why are Sales of Plating on Plastics Increasing in Germany?
“Increased Construction Activities Leading in Rising Demand for POP”
Sales of plating on plastics are anticipated to progress at a CAGR of 4.5% from 2023 to 2033 in Germany. The rising use of plating on plastics in the construction industry can open up new avenues for industry players there.
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Category-wise Insights
Which Type of POP is Gaining Traction around the World?
“Chrome-based Plating Accounts for Substantial Revenue Share”
Based on plating type, the global market is divided into chrome, nickel, and others. Among these, chrome-based plating is estimated to hold a noteworthy share of the revenue. Chrome plating ensures excellent aesthetic appeal, high-grade corrosion resistance, and a smooth surface finish.
These abovementioned features will encourage the requirement for fabricating a wide variety of automotive and mechanical components. The chrome metal plating also grants an efficient barrier against corrosion and various harmful gases thus bolstering sales of plating on plastics.
Which Application of Plating on Plastics is Most Rewarding for Industry Players?
“Automotive Sector Generating Lucrative Market Opportunities”
Plating on plastics is applied to automotive, building & construction, electronics, utilities, and others. Among these, the automotive sector is expected to hold a significant share of the revenue. This dominance is owing to the growing environmental concerns along with stringent emission regulations, which are imposed by governing bodies.
Vehicle manufacturers are emphasizing reducing the weight of vehicles and improving fuel efficiency. Thus, the growing use of POP in the automotive sector is generating lucrative opportunities for players.
Competitive Landscape
Some prominent suppliers of plating on plastics are investing to maintain product standards. Strengthening supply chain management systems is one of the noteworthy initiatives to generate revenue in the target industry.
New product development is adopted by key players to create growth strategies for the next 10 years.
For instance :
- SRG Global Inc. is a manufacturer of plastic parts, which are chrome-plated and are used in the automotive industry. In February 2019, the company manufactured a novel polymer for the plating of numerous automobile parts.
Key players in the plating on plastics market include Atotech, Dow Chemicals, Leader Plating on Plastic Ltd., Philips Plating Corporation, MPC Plating, Inc., Precision Plating (Aust) Pty Ltd., Sharretts Plating Company, Inc., and O.P. Plating On Plastic AB.
Segmentation of Plating on Plastics Industry Research
-
By Plating :
- Chrome
- Nickel
- Others
-
By Application :
- Automotive
- Electronics
- Building & Construction
- Utilities
- Others
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market - Pricing Analysis
- 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Material
- 10.1 Synthetic Leather
- 10.2 Thermoplastic Polymers
- 10.3 Leather
- 10.4 Automotive Textiles
- 10.5 Smart Fabric
- 10.6 Plastic
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 11.1 Seat Covers
- 11.2 Carpets
- 11.3 Roof Liners
- 11.4 Dashboards
- 11.5 Trunk Lines
- 11.6 Sun Visors
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 12.1 North America
- 12.2 Latin America
- 12.3 Europe
- 12.4 East Asia
- 12.5 South Asia
- 12.6 Oceania
- 12.7 Middle East and Africa (MEA)
- 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1 BASF SE
- 22.2 Borgers SE & Co. KGaA
- 22.3 BASF Corporation
- 22.4 Cha Technologies Group
- 22.5 Hyosung Corporation
- 22.6 Johns Manville
- 22.7 Hollingsworth & Vose Company
- 22.8 Freudenberg SE
- 22.9 Seitec Co., Ltd
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Plating
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Plating, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Plating, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Plating, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Plating, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Plating, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Plating, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Plating, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Plating, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Plating, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Plating, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Plating, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Plating, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Plating, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Plating, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Plating, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Plating, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Plating, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Plating, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Plating, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Plating, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Plating, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Plating, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Plating, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Plating, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Plating, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Plating, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Plating, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Plating, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Plating, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Plating, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Plating, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Plating, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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- FAQs -
What is the value of the plating on plastics market in 2023?
The global plating on plastics market stands at US$ 771 million in 2023.
At what rate is the demand for plating on plastics increasing?
Demand for plating on plastics is forecasted to increase at a CAGR of 7% through 2033.
At what CAGR will sales of nickel-based plating on plastics expand from 2023 to 2033?
Sales of nickel-based plating on plastics are expected to rise at a noteworthy CAGR of 7.5% from 2023 to 2033.
At what rate will the demand for POP advance in Canada?
The Canadian plating on plastics market is predicted to rise at a CAGR of 6.3% through 2033.
What value will the sales of POP reach by the end of 2033?
Demand for plating on plastics is anticipated to reach a market valuation of US$ 1.52 billion by 2033-end.
Why is chrome-based plating gaining so much traction?
High-grade corrosion resistance, excellent aesthetic appeal, and smooth surface finish are factors driving the popularity of chrome-based plating.
Who are the prominent manufacturers of plating on plastics?
Atotech, Dow Chemicals, Leader Plating on Plastic Ltd., Philips Plating Corporation, MPC Plating, Inc., Precision Plating (Aust) Pty Ltd., and Sharretts Plating Company, Inc. are key suppliers of POP.