Press release
Plating on Plastics Market Set to Reach US$ 1213.08 Mn by 2030 with a Strong 8% CAGR
Plating on Plastics Market
The Plating on Plastics (POP) market is poised for significant growth as demand for plated plastic components increases across automotive, electronics, and consumer goods sectors. The ability to enhance plastics with metallic coatings offers advantages in terms of aesthetics, durability, and functionality, driving the adoption of POP technologies worldwide. The market is expected to grow due to evolving technologies, stricter regulatory requirements, and the increasing need for high-performance materials in industries like automotive and electronics.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Mergers and Acquisitions
In the U.S., a major acquisition recently took place with Albemarle Corporation acquiring Innovative Plating Solutions to expand its presence in the POP sector. This move strengthens its portfolio of electronic and automotive coatings, positioning the company to better serve the growing demands of the industry.
Japan's Daikin Industries has expanded its operations through a partnership with Panasonic Corporation, focusing on eco-friendly plating solutions for automotive plastics. This strategic partnership aims to cater to the growing demand for sustainable automotive components with enhanced durability.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/62006/
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ
South Korea's Samsung Electronics recently launched a new plating technology aimed at improving the corrosion resistance of plastic parts used in mobile devices, marking a breakthrough in the consumer electronics sector.
Regional Dynamics
Vietnam and Thailand are witnessing increased investments in plating facilities due to the rise in automotive and electronics manufacturing in Southeast Asia. These countries are becoming significant hubs for the plating on plastics industry due to low operational costs and favorable trade agreements within ASEAN.
Europe is focusing on sustainable and non-toxic plating solutions, with regulations pushing for eco-friendly technologies. The EU's directives on hazardous substances have driven the market toward safer, less harmful plating materials.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
North America holds a substantial share of the market, driven by the continuous advancements in automotive manufacturing and the electronics sector. The push for lightweight and durable components is expected to increase the demand for POP.
Asia-Pacific is anticipated to be the fastest-growing region due to the robust demand for automotive parts and consumer electronics in countries like Japan, South Korea, China, and India.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/62006/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐ฎ๐ญ๐ฒ ๐ ๐ซ๐๐ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ฅ๐๐ญ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Chrome
Nickel
Copper
Others
๐๐ฒ ๐๐ฅ๐๐ฌ๐ญ๐ข๐ ๐๐ฒ๐ฉ๐
ABS
ABS/PC
PEI
PBT
LCP
PEEK
PP
Nylon/Polyamide
ABS led the plastic type market by 8% in 2023, with a value of 606.85 million. It is expected to increase at a compound annual growth rate (CAGR) of 8% during the forecast period. Widespread use of ABS, particularly in the automotive industry, is the main driver of growth. The acrylonitrile-styrene matrix and equally dispersed butadiene in ABS make ABS plating more efficient. Furthermore, the ABS market is expected to increase in the upcoming years due to its excellent qualities, which include low coefficient of thermal expansion, high adherence to metals, ease of molding, and cost effectiveness.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Automotive
Electrical & Electronics
Building & Construction
Utilities
Others
Based on application, the automotive industry is predicted to be the leading one and increase at a compound annual growth rate (CAGR) of 8% in terms of revenue between 2024 and 2030. increasing need for fuel-efficient, lightweight electrical plastics for use as exterior and interior components as well as for their aesthetic appeal. The production of commercial vehicles has increased from 25,136,912 units worldwide and is predicted to continue growing as new technologies emerge. The study analyzes various automotive market types to provide a comprehensive picture of the industry segment.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/request-sample/62006/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐ฎ๐ญ๐ฒ ๐ ๐ซ๐๐ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
1. Artcraft Plating & Finishing
2. BIA Kunststoff- und Galvanotechnik (BIA)
3. Bolta Werke GmbH
4. C. Uyemura & Co. Ltd
5. Chromoplastica CMC S.r.l
6. Coventya, Cybershield, Inc
7. Dixline Corporation
8. Dow Chemical Company
9. Galva Decoparts Pvt. Ltd
10.JCU Corporation
11.Leader Plating on Plastics Ltd.
12.MacDermid Inc.
13.MPC Plating Inc
14.Okuno International
15.Phillips Plating Corporation
16.Plating on Plastic AB (P.O.P)
17.Precision Plating (AUS) Pty. Ltd
18.Sharretts Plating Company (SPC)
19.SRG Global Inc
20.Xin Point Holding Limited
21.Minth Group
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐ฎ๐ญ๐ฒ ๐ ๐ซ๐๐ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
What is Plating on Plastics ?
What is the growth rate of the Plating on Plastics Market?
Which are the factors expected to drive the Plating on Plastics market growth?
What is the CAGR at which the Plating on Plastics market will grow during the forecast period?
What are the different segments of the Plating on Plastics Market?
Which is the fastest growing region in the Plating on Plastics market?
What growth strategies are the players considering to increase their presence in Plating on Plastics ?
What are the upcoming opportunities and trends for the Plating on Plastics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Plating on Plastics Market?
Who are the leading companies and what are their portfolios in Plating on Plastics Market?
What segments are covered in the Plating on Plastics Market?
Who are the key players in the Plating on Plastics market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/62006/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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