The Global Plating on Plastics Market is estimated to grow at a CAGR of 5.9% from USD 530.0 million in 2019 to USD 850.0 million in 2027. Increased demand in the automotive and electronic industries for lightweight metal substitutes is expected to be the main driving factors for the market. However, rising consumers\' perception of the environmental benefits such as CO2 reduction and performance of lightweight commercial vehicles is expected to increase demand over the projected era.
Plating on plastics is a plastic surface electroplating with metals including aluminum, electric nickel, bronze, copper and cobalt phosphorus, silver, gold, and more. The technique provides the finished product with many both practical and decorative advantages. The method ensures excellent consistency of the coating, as well as further advantages such as durability, tightness, and substrate lightness.
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Top Players in the Global Plating on Plastics Market:
Atotech, Phillips Plating Corporation, Galva Decoparts Pvt. Ltd., Precision Plating (Aust) Pty Ltd., Classic Chrome Plating Inc., Elix Polymers, Sharrets Plating Inc., MacDermid Incorporated, Leader Plating on Plastic Ltd, and P.O.P Plating on Plastic AB.
Gold and silver plating also improves the aesthetic appearance of the finished products overall. In fact, it also improves and increases the resistance to corrosion and abrasion of the plastics substrate. The process of metal coating also increases resistance to other chemicals used during the manufacturing process.
Three main steps are taken in the development process: molding, preplating, and electroplating. Next, the parts are transformed into the desired component during the molding process, and the next step is an electroless bath to provide the molded portion. The other metal is plated on the surface in the last step.
Throughout the overall sector, the electroplating process has advanced many times, increasing the overall quality of the finished product. In order to improve the capability of corrosion resistance, dual-layer nickel systems have been developed that comprise a semi-gloss underlay layer with a bright nickel topcoat. The invention of a micro discontinuous chromium device is another important move forward, which increases the resistance to corrosion in nickel and chromium deposits during metallization.
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Plating on Plastics Market Segmentation:
Plating Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Chrome
- Nickel
- Others
Plastic Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- ABS
- ABS/PC
- PEI
- PBT
- LCP
- PEEK
- PP
- Nylon/Polyamide
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Automotive
- Building Construction
- Utilities
- Electronics
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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