Automotive Chromium Market was valued at US$ 0.09 Bn in 2022 and is expected to reach US$ 0.13 Bn by 2029, at a CAGR of 5.30% during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Automotive Chromium market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in Automotive Chromium market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report Rising chromium plating demand from the passenger vehicles segment, on account of its superior corrosion resistance properties will enhance the market growth over the forecast period. Chrome plating is being gradually used for plating various passenger vehicle components such as bumpers, grills, mirror covers, inner & outer door handle, interior decorative parts, headrest and other parts. Additionally, the growing popularity of chrome plating in passenger vehicles, since it enhances aesthetics is expected to boost the market growth over the forecast period. Automotive manufacturers use thin coatings to cut costs and environmental impacts. These coatings look after automotive components from corrosion and other environmental conditions. They reduce the vehicle weight and increase the service life cycle and performance. Decorative plating is a key development that succeeds in the automotive sector for coating a variety of vehicle components, which include interior & exterior trims, wheel covers, mirror housings, emblems & logos, and door handles. Usage of metals, such as steel, which contains chromium as an essential element, for decorative plating has increased tremendous traction over the past decade. Moreover, robust demand for End user chromium has been witnessed in piston rings and piston rods. These aspects coupled with robust sales of vehicles across the globe are expected to create high demand for chromium. Based on application, the Decorative Plating segment is expected to contribute major revenue share to the global market and is expected to maintain its dominance over the forecast period. Decorative plating is projected to witness the fastest growth at a high CAGR owing to its superior corrosion and wear resistance properties. Decorative coatings are typically used for decorative applications. Nevertheless, exterior decorative coatings furthermore provide protection from various environmental conditions. These coatings are applied to local appliances for better looks and corrosion protection. Decorative coatings has extensive range of applications in new constructions and remodeling of older buildings. Decorative coatings certify that the buildings have the longest life span as possible. These coatings are highly useful for improving the sheet life, its usage and aesthetic value of the residential and commercial buildings. Geographically, North America market is expected to witness significant market development and was estimated at high CAGR in 2022 on account of rising demand from the two wheelers and passenger vehicle segment. Demand in Asia Pacific was valued at high CAGR in 2017 and is likely to remain the second largest market during the period from 2022 to 2029. This development can be credited to the shift of production facilities in emerging markets such as China and India owing to the lower operational expenditure as compared to that in developed regions. This in-turn would result in significant demand for chrome plating in Asia Pacific over the forecast period.
Automotive Chromium Market Scope: Inquire before buying
Automotive Chromium Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 0.09 Bn. Forecast Period 2023 to 2029 CAGR: 5.30% Market Size in 2029: US $ 0.13 Bn. Segments Covered: by End User • Two Wheelers • Passenger Vehicles • Commercial Vehicles by Application • Decorative Plating • Functional Plating Automotive Chromium Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Automotive Chromium Market Key Players:
• Macdermid Enthone Inc. • Kakihara Industries Co. Ltd. • Sarrel • MVC Holdings • Lund International Inc. • HELLA KGaA Hueck & Co • Thule Group AB, • Oakmore Pty Ltd • Mont Blanc Industri AB • Minth Group • Magna • Rotorua Electroplaters Ltd • Chem Processing Inc. • Hester Fabrication • African Electroplating • Allied Finishing, Inc • Atotech Deutschland GmbH • Borough Ltd • Chromium, Inc Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Chromium Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Automotive Chromium Market? Ans: The Global Automotive Chromium Market is growing at a CAGR of 5.30% during forecasting period 2023-2029. 3. What is scope of the Global Automotive Chromium Market report? Ans: Global Automotive Chromium Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Automotive Chromium Market? Ans: The important key players in the Global Automotive Chromium Market are – Macdermid Enthone Inc., Kakihara Industries Co. Ltd., Sarrel, MVC Holdings, Lund International Inc., HELLA KGaA Hueck & Co, Thule Group AB,, Oakmore Pty Ltd, Mont Blanc Industri AB, Minth Group, Magna, Rotorua Electroplaters Ltd, Chem Processing Inc., Hester Fabrication, African Electroplating, Allied Finishing, Inc, Atotech Deutschland GmbH, Borough Ltd, Chromium, and Inc 5. What is the study period of this Market? Ans: The Global Automotive Chromium Market is studied from 2022 to 2029.
Global Automotive Chromium Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary End user 2.3.2. Primary Research 2.3.2.1. Data from Primary End user 2.3.2.2. Breakdown of Primary End user 3. Executive Summary: Global Automotive Chromium Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Automotive Chromium Market Analysis and Forecast 6.1. Global Automotive Chromium Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Automotive Chromium Market Analysis and Forecast, by End user 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Automotive Chromium Market Value Share Analysis, by End user 7.4. Global Automotive Chromium Market Size (US$ Bn) Forecast, by End user 7.5. Global Automotive Chromium Market Analysis, by End user 7.6. Global Automotive Chromium Market Attractiveness Analysis, by End user 8. Global Automotive Chromium Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Automotive Chromium Market Value Share Analysis, by Application 8.4. Global Automotive Chromium Market Size (US$ Bn) Forecast, by Application 8.5. Global Automotive Chromium Market Analysis, by Application 8.6. Global Automotive Chromium Market Attractiveness Analysis, by Application 9. Global Automotive Chromium Market Analysis, by Region 9.1. Global Automotive Chromium Market Value Share Analysis, by Region 9.2. Global Automotive Chromium Market Size (US$ Bn) Forecast, by Region 9.3. Global Automotive Chromium Market Attractiveness Analysis, by Region 10. North America Automotive Chromium Market Analysis 10.1. Key Findings 10.2. North America Automotive Chromium Market Overview 10.3. North America Automotive Chromium Market Value Share Analysis, by End user 10.4. North America Automotive Chromium Market Forecast, by End user 10.4.1. Two Wheelers 10.4.2. Passenger Vehicles 10.4.3. Commercial Vehicles 10.5. North America Automotive Chromium Market Value Share Analysis, by Application 10.6. North America Automotive Chromium Market Forecast, by Application 10.6.1. Decorative Plating 10.6.2. Functional Plating 10.7. North America Automotive Chromium Market Value Share Analysis, by Country 10.8. North America Automotive Chromium Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Automotive Chromium Market Analysis, by Country 10.10. U.S. Automotive Chromium Market Forecast, by End user 10.10.1. Two Wheelers 10.10.2. Passenger Vehicles 10.10.3. Commercial Vehicles 10.11. U.S. Automotive Chromium Market Forecast, by Application 10.11.1. Decorative Plating 10.11.2. Functional Plating 10.12. Canada Automotive Chromium Market Forecast, by End user 10.12.1. Two Wheelers 10.12.2. Passenger Vehicles 10.12.3. Commercial Vehicles 10.13. Canada Automotive Chromium Market Forecast, by Application 10.13.1. Decorative Plating 10.13.2. Functional Plating 10.14. North America Automotive Chromium Market Attractiveness Analysis 10.14.1. By End user 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Automotive Chromium Market Analysis 11.1. Key Findings 11.2. Europe Automotive Chromium Market Overview 11.3. Europe Automotive Chromium Market Value Share Analysis, by End user 11.4. Europe Automotive Chromium Market Forecast, by End user 11.4.1. Two Wheelers 11.4.2. Passenger Vehicles 11.4.3. Commercial Vehicles 11.5. Europe Automotive Chromium Market Value Share Analysis, by Application 11.6. Europe Automotive Chromium Market Forecast, by Application 11.6.1. Decorative Plating 11.6.2. Functional Plating 11.7. Europe Automotive Chromium Market Value Share Analysis, by Country 11.8. Europe Automotive Chromium Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Automotive Chromium Market Analysis, by Country 11.10. Germany Automotive Chromium Market Forecast, by End user 11.10.1. Two Wheelers 11.10.2. Passenger Vehicles 11.10.3. Commercial Vehicles 11.11. Germany Automotive Chromium Market Forecast, by Application 11.11.1. Decorative Plating 11.11.2. Functional Plating 11.12. U.K. Automotive Chromium Market Forecast, by End user 11.12.1. Two Wheelers 11.12.2. Passenger Vehicles 11.12.3. Commercial Vehicles 11.13. U.K. Automotive Chromium Market Forecast, by Application 11.13.1. Decorative Plating 11.13.2. Functional Plating 11.14. France Automotive Chromium Market Forecast, by End user 11.14.1. Two Wheelers 11.14.2. Passenger Vehicles 11.14.3. Commercial Vehicles 11.15. France Automotive Chromium Market Forecast, by Application 11.15.1. Decorative Plating 11.15.2. Functional Plating 11.16. Italy Automotive Chromium Market Forecast, by End user 11.16.1. Two Wheelers 11.16.2. Passenger Vehicles 11.16.3. Commercial Vehicles 11.17. Italy Automotive Chromium Market Forecast, by Application 11.17.1. Decorative Plating 11.17.2. Functional Plating 11.18. Spain Automotive Chromium Market Forecast, by End user 11.18.1. Two Wheelers 11.18.2. Passenger Vehicles 11.18.3. Commercial Vehicles 11.19. Spain Automotive Chromium Market Forecast, by Application 11.19.1. Decorative Plating 11.19.2. Functional Plating 11.20. Rest of Europe Automotive Chromium Market Forecast, by End user 11.20.1. Two Wheelers 11.20.2. Passenger Vehicles 11.20.3. Commercial Vehicles 11.21. Rest of Europe Automotive Chromium Market Forecast, by Application 11.21.1. Decorative Plating 11.21.2. Functional Plating 11.22. Europe Automotive Chromium Market Attractiveness Analysis 11.22.1. By End user 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Automotive Chromium Market Analysis 12.1. Key Findings 12.2. Asia Pacific Automotive Chromium Market Overview 12.3. Asia Pacific Automotive Chromium Market Value Share Analysis, by End user 12.4. Asia Pacific Automotive Chromium Market Forecast, by End user 12.4.1. Two Wheelers 12.4.2. Passenger Vehicles 12.4.3. Commercial Vehicles 12.5. Asia Pacific Automotive Chromium Market Value Share Analysis, by Application 12.6. Asia Pacific Automotive Chromium Market Forecast, by Application 12.6.1. Decorative Plating 12.6.2. Functional Plating 12.7. Asia Pacific Automotive Chromium Market Value Share Analysis, by Country 12.8. Asia Pacific Automotive Chromium Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Automotive Chromium Market Analysis, by Country 12.10. China Automotive Chromium market forecast, by End user 12.10.1. Two Wheelers 12.10.2. Passenger Vehicles 12.10.3. Commercial Vehicles 12.11. China Automotive Chromium Market Forecast, by Application 12.11.1. Decorative Plating 12.11.2. Functional Plating 12.12. India Automotive Chromium Market Forecast, by End user 12.12.1. Two Wheelers 12.12.2. Passenger Vehicles 12.12.3. Commercial Vehicles 12.13. India Automotive Chromium Market Forecast, by Application 12.13.1. Decorative Plating 12.13.2. Functional Plating 12.14. Japan Automotive Chromium Market Forecast, by End user 12.14.1. Two Wheelers 12.14.2. Passenger Vehicles 12.14.3. Commercial Vehicles 12.15. Japan Automotive Chromium Market Forecast, by Application 12.15.1. Decorative Plating 12.15.2. Functional Plating 12.16. ASEAN Automotive Chromium Market Forecast, by End user 12.16.1. Two Wheelers 12.16.2. Passenger Vehicles 12.16.3. Commercial Vehicles 12.17. ASEAN Automotive Chromium Market Forecast, by Application 12.17.1. Decorative Plating 12.17.2. Functional Plating 12.18. Rest of Asia Pacific Automotive Chromium Market Forecast, by End user 12.18.1. Two Wheelers 12.18.2. Passenger Vehicles 12.18.3. Commercial Vehicles 12.19. Rest of Asia Pacific Automotive Chromium Market Forecast, by Application 12.19.1. Decorative Plating 12.19.2. Functional Plating 12.20. Asia Pacific Automotive Chromium Market Attractiveness Analysis 12.20.1. By End user 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Automotive Chromium Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Automotive Chromium Market Overview 13.3. Middle East & Africa Automotive Chromium Market Value Share Analysis, by End user 13.4. Middle East & Africa Automotive Chromium Market Forecast, by End user 13.4.1. Two Wheelers 13.4.2. Passenger Vehicles 13.4.3. Commercial Vehicles 13.5. Middle East & Africa Automotive Chromium Market Value Share Analysis, by Application 13.6. Middle East & Africa Automotive Chromium Market Forecast, by Application 13.6.1. Decorative Plating 13.6.2. Functional Plating 13.7. Middle East & Africa Automotive Chromium Market Value Share Analysis, by Country 13.8. Middle East & Africa Automotive Chromium Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Automotive Chromium Market Analysis, by Country 13.10. GCC Automotive Chromium Market Forecast, by End user 13.10.1. Two Wheelers 13.10.2. Passenger Vehicles 13.10.3. Commercial Vehicles 13.11. GCC Automotive Chromium Market Forecast, by Application 13.11.1. Decorative Plating 13.11.2. Functional Plating 13.12. South Africa Automotive Chromium Market Forecast, by End user 13.12.1. Two Wheelers 13.12.2. Passenger Vehicles 13.12.3. Commercial Vehicles 13.13. South Africa Automotive Chromium Market Forecast, by Application 13.13.1. Decorative Plating 13.13.2. Functional Plating 13.14. Rest of Middle East & Africa Automotive Chromium Market Forecast, by End user 13.14.1. Two Wheelers 13.14.2. Passenger Vehicles 13.14.3. Commercial Vehicles 13.15. Rest of Middle East & Africa Automotive Chromium Market Forecast, by Application 13.15.1. Decorative Plating 13.15.2. Functional Plating 13.16. Middle East & Africa Automotive Chromium Market Attractiveness Analysis 13.16.1. By End user 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Automotive Chromium Market Analysis 14.1. Key Findings 14.2. South America Automotive Chromium Market Overview 14.3. South America Automotive Chromium Market Value Share Analysis, by End user 14.4. South America Automotive Chromium Market Forecast, by End user 14.4.1. Two Wheelers 14.4.2. Passenger Vehicles 14.4.3. Commercial Vehicles 14.5. South America Automotive Chromium Market Value Share Analysis, by Application 14.6. South America Automotive Chromium Market Forecast, by Application 14.6.1. Decorative Plating 14.6.2. Functional Plating 14.7. South America Automotive Chromium Market Value Share Analysis, by Country 14.8. South America Automotive Chromium Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Automotive Chromium Market Analysis, by Country 14.10. Brazil Automotive Chromium Market Forecast, by End user 14.10.1. Two Wheelers 14.10.2. Passenger Vehicles 14.10.3. Commercial Vehicles 14.11. Brazil Automotive Chromium Market Forecast, by Application 14.11.1. Decorative Plating 14.11.2. Functional Plating 14.12. Mexico Automotive Chromium Market Forecast, by End user 14.12.1. Two Wheelers 14.12.2. Passenger Vehicles 14.12.3. Commercial Vehicles 14.13. Mexico Automotive Chromium Market Forecast, by Application 14.13.1. Decorative Plating 14.13.2. Functional Plating 14.14. Rest of South America Automotive Chromium Market Forecast, by End user 14.14.1. Two Wheelers 14.14.2. Passenger Vehicles 14.14.3. Commercial Vehicles 14.15. Rest of South America Automotive Chromium Market Forecast, by Application 14.15.1. Decorative Plating 14.15.2. Functional Plating 14.16. South America Automotive Chromium Market Attractiveness Analysis 14.16.1. By End user 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Macdermid Enthone Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprints 15.3.2. Kakihara Industries Co. Ltd. 15.3.3. Sarrel 15.3.4. MVC Holdings 15.3.5. Lund International Inc. 15.3.6. HELLA KGaA Hueck & Co 15.3.7. Thule Group AB, 15.3.8. Oakmore Pty Ltd 15.3.9. Mont Blanc Industri AB 15.3.10. Minth Group 15.3.11. Magna 15.3.12. Rotorua Electroplaters Ltd 15.3.13. Chem Processing Inc. 15.3.14. Hester Fabrication 15.3.15. African Electroplating 15.3.16. Allied Finishing, Inc 15.3.17. Atotech Deutschland GmbH 15.3.18. Borough Ltd 15.3.19. Chromium, Inc 16. Primary Key Insights