Europe plating on plastics market Segmentation by Plating Type (Chrome, Nickel, Copper, Others), by plastic type (ABS, ABS/PC, PEI, PBT, LCP, PEEK, Nylon/Polyamide, Others), by Application (Automotive, Building and Construction, Electrical and Electronics, Utilities, Others), by Countries (U.K., France, Russia, Germany, Rest of Europe).
Plating on plastic is the process of “electrodepositing” dissolved ions of one metal onto the surface of another metal, which has been a popular manufacturing technique for more than two centuries. Manufacturers in a wide range of industries make use of plating on plastic for purposes such as corrosion and wear protection, increasing surface hardness, promoting electrical conductivity, and even improving the appearance of a part or component. Various factors such as growing demand from the automotive and construction industry, increasing the use of plating on plastic in electrical products to enhance aesthetic appearance are driving the market growth over the forecast period.
However, factors such as stringent regulations regarding plating on plastic raw materials and less awareness in underdeveloped countries are restraining the market growth over the forecast period.
Europe Plating on Plastic Market is segmented by plating type, plastic type, and application. By plating type, the chrome plating market was valued at USD xx Mn in 2019 and is expected to reach USD xx Mn by 2027 at a CAGR of 6.93% over the forecast period 2020-2027. The chrome plating of plating on plastics is depositing a coat of chromium to the plastics using electrodeposition process.
By geography, Europe Plating on Plastic Market is segmented into the United Kingdom, France, Germany, Russia, and the Rest of Europe. Among all these Germany dominating Europe plating on plastic market over the forecast period. Germany Plating on Plastic Market was valued at USD 52.31 Mn in 2019 and is expected to reach USD 85.41 Mn by 2027 at a CAGR of 6.32% over the forecast period.
The report covers in-depth analysis of key development, marketing strategies, supply-side and demand-side indicators, and company profiles of market leaders, potential players, and new entrants. Some of the key players covered in this report are Atotech, Galva Decoparts Pvt. Ltd., Dow Chemicals, Cybershield Inc, Bolta Werke GmbH, C. Uyemura & Co. Ltd, Chromoplastica CMC S.r.l, Coventya, Plamingo Ltd (Germany), Quality Plated Products Ltd (UK), Cuptronic (Sweden). These key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches, and patents to increase their regional presence and business operations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Europe Plating on Plastic Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Europe Plating on Plastic Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Europe Plating on Plastic Market positioning of competitors.
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