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Plating on Plastics Market Size

Report ID: GMI366
Published Date: Dec 2022
Report Format: PDF

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Plating on Plastics Market Size

Plating on Plastics Market size was valued at more than USD 600 million in 2022 and is set to expand at a robust pace of over 7% CAGR from 2023 to 2032, driven by rising product demand for designing electronics products.

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The application of plating on plastics improves the design of electrical or electronic goods and creates the impression of high-quality products. In addition, the increased customer preference for lightweight, energy-efficient, multi-functional electronic products facilitates the growing use of plating on plastics, thereby pushing the industry's growth forward. Furthermore, increasing efforts of POP manufacturers to produce novel and efficient goods are projected to offer growth potential in the plastics industry.

Plating on Plastics Market Report Attributes
Report Attribute	Details
Base Year:	2022
Plating on Plastics Market Size in 2022:	USD 605 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7%
2032 Value Projection:	USD 1.2 Billion
Historical Data for:	2018 to 2022
No. of Pages:	292
Tables, Charts & Figures:	315
Segments covered:	Finish Type, Plastic, Application
Growth Drivers:	North America: Growing product usage in electronics along with mounting electronics goods industry is projected to drive product demand Europe: Increasing demand for lightweight component along with growing vehicle production Asia Pacific: Positive outlook on automobile industry
Pitfalls & Challenges:	Plastic design and process cost concerns Stringent environmental concerns

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Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for plating on plastics exceeded USD 600 million in 2022 and is poised to grow significantly of over 7% CAGR between 2023 and 2032 driven by the escalating product demand for designing electronics products.

Domestic fittings segment amassed for over USD 50 million in 2022 and is anticipated to grow at around 7% through 2032 owing to the expanding urbanization and rising number of construction projects surging the product demand.

North America market generated over USD 130 million in 2022 and is projected to grow significantly at about 7% CAGR by 2032 owing to the expanding consumer goods sector across the region.

Atotech Limited, Uyemura & Co., Artcraft Plating & Finishing, Bolta Werke GmbH, Cybershield, Inc, BIA Kunststoff- und Galvanotechnik (BIA), C. Ltd., Dixline Corporation, are some of the major organizations operating in the industry.