Dublin, Jan. 07, 2025 (GLOBE NEWSWIRE) — The “Plating on Plastics (POP) – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Plating on Plastics (POP) was estimated at US$809.7 Million in 2023 and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 6.6% from 2023 to 2030.
The growth in the Plating on Plastics (POP) market is driven by several factors, reflecting the increasing demand for lightweight, durable, and aesthetically pleasing components across industries. First, technological innovations in surface treatment and adhesion processes have significantly improved the quality and longevity of plated plastic parts, allowing them to replace heavier metal components in industries such as automotive and consumer electronics. Another key driver is the automotive industry`s focus on lightweighting to enhance fuel efficiency and reduce emissions, with POP playing a critical role in reducing the weight of both traditional and electric vehicles.
Consumer behavior is also shaping the market, particularly the rising demand for high-end, sleek designs in electronics and household products. POP’s ability to deliver a metallic appearance without the cost or weight of metal makes it a preferred choice for manufacturers looking to balance functionality with aesthetics. Additionally, the increasing awareness of environmental sustainability is propelling demand for eco-friendly POP processes, including the adoption of chrome-free and low-emission plating technologies. Regulatory pressures to minimize hazardous chemicals in manufacturing processes are further accelerating the shift toward greener POP solutions.
Finally, the integration of automation in POP manufacturing is improving efficiency, reducing waste, and enabling high-volume production, which is expanding its use in large-scale industries like automotive, consumer goods, and electronics. These factors combined are fueling the continued growth and innovation in the POP market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Chrome POP segment, which is expected to reach US$601.3 Million by 2030 with a CAGR of a 6.4%. The Nickel POP segment is also set to grow at 7.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $213.7 Million in 2023, and China, forecasted to grow at an impressive 9.9% CAGR to reach $298.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Plating on Plastics (POP) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Plating on Plastics (POP) Market such as Atotech, Cybershield Inc., Dow Chemicals, Galva Decoparts Pvt. Ltd., Leader Plating on Plastc Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 36 companies featured in this Global Plating on Plastics (POP) market report include:
- Atotech
- Cybershield Inc.
- Dow Chemicals
- Galva Decoparts Pvt. Ltd.
- Leader Plating on Plastc Ltd.
- MacDermid, Inc.
- MPC Plating, Inc.
- O.P Plating On Plastic AB
- Phillips Plating Corporation
- Precision Plating (Aust) Pty Ltd.
- Quality Plated Products Ltd
- Sharretts Plating Company, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 92 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $809.7 Million |
| Forecasted Market Value (USD) by 2030 | $1300 Million |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- World Market Trajectories
- Global Economic Update
- Plating on Plastics (POP) – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Demand for Lightweight, Durable Automotive Components Drives Adoption of Plating on Plastics (POP) in the Automotive Industry
- Rising Use of POP for Aesthetic and Functional Purposes in Consumer Electronics Expands Addressable Market for High-Performance Decorative Finishes
- Technological Advancements in Plating Techniques Propel Growth in High-Adhesion and Corrosion-Resistant Coatings for POP Components
- Increasing Focus on Lightweighting and Fuel Efficiency in the Automotive Sector Strengthens Business Case for POP in Exterior and Interior Parts
- Expansion of POP Applications in Electric Vehicles (EVs) Spurs Demand for Lightweight, Electrically Conductive Components with Metal Finishes
- Growing Consumer Preference for Sleek, Metallic Finishes in Electronic Devices Accelerates Market Growth for POP in Smartphones, Laptops, and Wearables
- Rising Adoption of POP in Healthcare Devices and Equipment Expands Market for Sterile, Biocompatible, and Corrosion-Resistant Components
- Technological Innovations in Chrome-Free and Environmentally Friendly Plating Solutions Propel Growth of Sustainable POP Processes
- Increasing Use of Plated Plastics in the Aerospace Industry Expands Opportunities for Lightweight, Heat-Resistant, and Conductive Components
- Rising Demand for Decorative and Functional Coatings in Household Appliances Strengthens Adoption of POP for Aesthetic Customization
- Technological Advances in Adhesion Promotion Techniques Drive Growth in High-Durability Plated Plastic Components for Industrial Applications
- Growing Focus on Reducing Production Costs and Enhancing Efficiency in the Manufacturing Sector Fuels Adoption of POP as a Cost-Effective Alternative to Metals
- Expansion of POP in Bathroom Fixtures and Plumbing Components Boosts Market for Corrosion-Resistant and Long-Lasting Plated Plastic Parts
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/811wn3
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- Plating on Plastics (POP) Market
