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North America Plating on Plastics (POP) Market Size By Finish (Chrome [Cu, Ni & Cr]), By Plastic (ABS, PC, PC/ABS, PEI, PET, PBT, LCP, PEEK, PP, Nylon), By Application (Automotive, Domestic Fittings, Electronics & Electrical), Regional Outlook, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Published Date: February 2020 | Publisher: Graphical Research Report ID: GR1311 | Delivery : PDF

North America Plating on Plastics (POP) Market Share was over USD 115 million in 2019 and industry expects to witness significant gains at over 7.5% by 2026. Rising fuel prices globally have led to the formulation of lightweight parts for the automotive industry which should promote market growth. Plating on plastics can be implemented on grilles, emblems, and light bezels, which will help in reducing the weight of the vehicle, leading to a better mileage of vehicles, thus driving the market.

Market size from copper finish was valued at over USD 35 million in 2019 and is likely to grow over the projected period. Copper finish POP metallizes non-metallic surface providing persuading characteristics including electrical conductivity and offers protection and strengthening of substrate. Utilization of POP provides metallic shine to finished product, which makes its an added advantage in manufacturing applications where appearance is paramount resulting in escalating product demand. U.S. is having seventh largest copper reserves in the world owing to which raw material procurement for POP service provider will be easier resulting in lower procurement and production cost which should lead to industry profitability in the region.

North America Plating on Plastics (POP) market from Polycarbonate (PC) plastic would register significant gains at over 6.5% by the end of forecast timeframe. Rising Polycarbonate (PC) POP in electronic industry owing persuading attributes including superior electrical insulation, heat resistant and flame retardant should accelerate product demand. Rapid technological innovation along with increasing tech savvy population in the U.S. should boost regional electronics industry, thus accelerating product demand.

U.S. POP market demand may surpass USD 130 million by 2026. Growth of U.S. POP market is attributed to supportive government initiatives including “Reshoring initiatives” and “Open Investment policy”. These initiatives offer tax incentives for companies’ establishment, which is likely to attract automobile manufacturers to set up production bases in the U.S. Increase in per-capita disposable income from USD 38.9 billion in 2013 to USD 43.8 billion in 2018 coupled with population growth in U.S. is likely to drive U.S. automotive sales. Thus, these factors should accelerate the market over the forecast period.

Canada POP market from domestic fittings application may register significant gains at over 5% over the projected timespan. Supportive government initiatives including “Infrastructure Canada” aims to provide economic, planned & sustainable infrastructure which will foster construction activities, thus driving domestic fittings demand.

Market Share is fragmented with key players including SRG Global Inc, Bolta Werke, A-BRITE PLATING, Leader Plating on Plastic Ltd, Sharretts Plating Company (SPC), Dupont, ENS Technology, Phillips Plating Corporation, MPC Plating Inc., Artcraft Plating & Finishing, Coventya, Cybershield, Inc., Dixline Corporation, Okuno International and ATOTECH. Market may see strategic alliances in the form of joint ventures and mergers which may enhance product portfolio.

For instance, in October 2017, Cybershield, a leading supplier of functional and decorative metal finishing on plastics has announced the acquisition of all assets of Seleco Inc based in Indianapolis, IN, which is a manufacturer of selective POP. Through this acquisition, the company will be able to expand its presence across North America and attain a strong market position.

Frequently Asked Question(FAQ) :

North America Plating on Plastics (POP) Market Share was over USD 115 million in 2019 and industry expects to witness significant gains at over 7.5% by 2026.
Rising fuel prices globally have led to the formulation of lightweight parts for the automotive industry which should promote market growth. Plating on plastics can be implemented on grilles, emblems, and light bezels, which will help in reducing the weight of the vehicle, leading to a better mileage of vehicles, thus driving the market.
Key Players involved in the Market are SRG Global Inc, Bolta Werke, A-BRITE PLATING, Leader Plating on Plastic Ltd, Sharretts Plating Company (SPC), Dupont, ENS Technology, Phillips Plating Corporation, MPC Plating Inc., Artcraft Plating & Finishing, Coventya, Cybershield, Inc., Dixline Corporation, Okuno International and ATOTECH.

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North America Plating on Plastics (POP) Market Size 2026 | Market Estimation


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