Decorative Electroplating for Plastics Market Global Industry Forecast 2022

The global decorative electroplating for plastics market size was valued at USD 542.6 million in 2021 and is poised to grow at a significant CAGR of 7.0% during the forecast period 2022-28. Plating on plastics is frequently employed in the construction and building industries. The expansion of the market is being driven by urbanisation and infrastructural development, particularly in developed and developing countries. Moreover, the other applications include plating on plastics for electronics. The market is being driven by a rising need for high-quality electronics that can be produced without modifying the structure. The market is also influenced by people's changing lifestyles. Nickel grown in favour as a decorative material in the automotive industry. It is used to improve the overall aesthetic of exterior and interior vehicle parts such as gear shift knobs, bumpers, logos, grilles, and more.