Plating on Plastics Market Likely to Grow at 7% CAGR and Gather Promising Demand Opportunities from Automotive Industry during 2020-2030

Plating on Plastics Market Likely to Grow at 7% CAGR and Gather Promising Demand Opportunities from Automotive Industry during 2020-2030

PR Newswire

ALBANY, N.Y, Jan. 7, 2021

- The global plating on plastics market is estimated to account for approximately US$ 1.3 Bn by end of 2030. Growing acceptance of plating on plastics in automotive industry is likely to fuel market expansion throughout 2020–2030.

- On regional front, Europe is dominant region in the plating on plastics market.

ALBANY, N.Y, Jan. 7, 2021 /PRNewswire/ -- Plating on plastics is gaining traction across a wide range of end-use industries for many purposes. Some of the major advantages of using plating on plastics include wear and corrosion protection, improving surface hardness, supporting electrical conductivity, and improving the esthetics of a component or a part. Owing to all these benefits, the global plating on plastics market is projected to gain prodigious sales opportunities from all across the globe.

Transparency Market Research

Analysts at Transparency Market Research (TMR) are of the opinion that the global plating on plastics market will show growth at a CAGR of 7% throughout the assessment period of 2020–2030. Thus, it is likely to gain the valuation of the US$ 1.3 Bn by the end of forecast period.

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Plating on Plastics Market: Major Takeaways

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Plating on Plastics Market: Leading Segments

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Plating on Plastics Market: Growth Boosters

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Plating on Plastics Market: Well-Established Participants

Some key players in the plating on plastics market are:

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