Rise in Use of Light Weight Metal Substitute in Automotive, Electronics Driving the Plating on Plastics Market over the Forecast Period: Ken Research

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Plating on plastics refers to electroplating of the plastic surfaces with the different metals such as nickel, chrome, electro-less nickel, copper, and others. Plating is the process offering a several functional as well ornamental benefits over the finished product. The process of plating of material adds an excellent surface quality along with the additional key benefits such as flexibility, durability and weightlessness to substrate. The manufacturing process further involves the key steps such as molding, pre-plating and electroplating, the molding process parts are further converted into the desired component, and in subsequent steps, the molded part is given an electro less bath. In the last step, the additional metal is plated onto the surface.

The plating process includes precious metals like gold and silver as they enhance the overall aesthetic appearance to the finished product. Moreover, plating also improves the corrosion and abrasion resistance of the substrate and adds the strength. The use of such metal coating process also adds the resistance against definite set of chemicals that are used over manufacturing process. The demand of decorative chrome and nickel plating is still on the verge of rise. However, some regions have now prohibited the use of chromium plating on the plastics market. Moreover, the demand will be lessened in the near future due to availability of new alternatives, associated as the lightweight metals and composites in the automotive sector.

According to study, “Global Plating on Plastics (POP) Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global plating on plastics market are Atotech, Phillips Plating Corporation, Galva Decoparts, Classic Chrome Plating, Precision Plating (Aust), Sharrets Plating, MacDermid Incorporated, MPC Plating, Leader Plating on Plastic, P.O. P Plating On Plastic, Quality Plated Products, ENS Technology, Cybershield, JCU Corporation, Grauer& Weil (India).

Plating on plastics industry has now witnessed advancement & new development over the electroplating technology and techniques. This further has led to improvement of overall quality for the finished product. However, the improvement of corrosion resistance, two layer nickel process including a semi-bright coating over the bright nickel layer coating have now been developed. In addition, the other significant development includes use of micro discontinuous chromium system improving over the metallization process and adding to the corrosion resistance.

Increase in harshness in the regulations governing regulations have severely impacted the overall market rise. The Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) have banned the usage of heaxavalent chromium in the POP industry. Moreover, the strict regulations are also set by EPA and OSHA may hamper the overall growth in coming scenario.

Global plating on plastics market plating type and application. Major plating type materials are nickel, chrome, and others and the key base material segments are nylon, PBT, PET, and many others. The key application is utilities, building & construction, automotive, electronics and others. The plating on plastics technology now gaining the popularity owing to growing need for the lightweight products enhancing the performance of the final goods. Moreover at present, automotive, electronics & electrical sectors are developing the demand for plating on plastics (POP) industry. The increasing demand over lightweight metal substitutes for automotive, electronics industries to remain one of the key driving factors in the market. In addition, rise in consumer awareness towards environmental benefits associated towards the reduction in CO2 emissions coupled with efficiency offered by light weight commercial vehicles are further expected to propel the demand over the forecast period. Based on region Asia-Pacific and European regions are expected to witness the substantial demand for the use of plating on plastics industry over the forecast period.

For More Information, click on the link below:-

Global Plating on Plastics (POP) Market Research Report

Related Reports:-

Plating on Plastics (POP) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Plating on Plastics (POP) Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

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