The report on the Plating on Plastics Market published by Stratview Research covers in depth details associated with the Plating on Plastics Market.
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The Plating on Plastics Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Plating on Plastics Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Plating on Plastics Market:
Artcraft Plating and Finishing Company Inc.
Atotech India Limited
Bolta Werke GmbH
C. Uyemura & Co. Ltd.
COVENTYA Group
Cybershield, Inc.
Dixline Corporation
Dow Chemical International
Enthone
Galva Decoparts
Grohe AG
Growth drivers and Market Value:
This report, from Stratview Research, studies the Plating on Plastics Market value and growth drivers over the trend period of 2022-27. According to the report –
Plating on Plastics Market is likely to witness an impressive CAGR of 8.0% during the forecast period. The major factors such as increase in product demand from various applications and growing demand for high performance & lightweight features in industries including automotive, electronics & electrical components, and domestic fittings, and economic benefits attained on producing components for these industries are expected to fuel the growth of the market during the forecast period.
Segment Analysis:
Based on Application Type:
Based on the application type, the plating on plastics market is segmented as automotive, domestic fittings, E&E, and others. Factors such as growing sales of automotive, which is positively influencing the demand for plating on plastics as it helps in improving the aesthetic appeal of the vehicle and is attracting mass consumers, accompanied by growth in lightweight plastics demand for an increased efficiency of fuel, and increasing emergence for decreasing automotive weight to lower the consumption of fuel are expected to fast-track the growth of the market during the forecast period.
Based on Region:
In terms of regions, North America is estimated to account for the largest share of the market during the forecast period. The growth is attributed to the emergence of latest technologies including IoT solutions, robotics and virtual reality in consumer electronic products manufacturing for achieving efficient and less expensive production in the regional consumer electronics market during the forecast period. In addition, presence of some of the key players of consumer electronics manufacturers in the region is also expected to fuel the market growth in the upcoming years. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Critical Questions Answered in the Report
• What are the key trends in the Plating on Plastics Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Plating on Plastics Market?
• What are the key strategies adopted by the major vendors to lead in the Plating on Plastics Market?
• What is the market share of the top vendors?
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