Plating on Plastics (Pop) Market (Plated Plastics Market) Size Forecast to Exceed Usd 649 Million by 2023: Global Market Insights, Inc.

Plating on Plastics (POP) Market Size is forecast to generate revenues worth USD 649.4 Million by 2023. Plated plastics market size expects significant growth up to 2023 owing to strong focus by automobile manufacturers for imparting aesthetic appearance to vehicle design apart from performance specifications. OEMs offer almost similar segment vehicle performance and seek to benefit from product differentiation offered from chrome plated plastics demand.

Browse In-depth Research Report on Global Plating on Plastics (POP) Market (Plated Plastics Market) with detailed Charts and Figures: https://www.gminsights.com/industry-analysis/plating-on-plastics-POP-market

Chrome plated ABS plastic was the most commonly used and accounted for over 75% of the total demand in 2015. Ease in etching and quick adhesion with other substrates coupled with low cost in comparison to other polymers makes ABS usage predominant in plating on plastics demand.

PC/ABS chrome plating is preferred in high temperature automotive applications such as wheel covers and is forecast to achieve highest gains at 7% up to 2023. PC/ABS plating contains anywhere between 40% & 60% ABS with rest accounted by PC.

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Norms regularized to eliminated hexavalent chromium usage owing to environmental hazards is set to challenge industry growth. 21st September, 2017 is the sunset date from REACH in the EU for POP industry to stop using hexavalent chromium. Sharper angles & holes resulting from complexity in polymer design may cause non uniform plating deposits on substrates, which may also contribute to hamper growth.

POP chemistry providers such as Dow Electronic Chemicals and Enthone have developed technologies to eliminate hexavalent chromium usage and comply with REACH guidelines.

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Key Insights from the Report Include:

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