Automotive Chromium Market, Size, Share, Opportunities and Forecast, 2020-2027

SKU: DPC430 | Last Updated On: Apr 03 2020 | No. of Pages: 227 | Available Formats

>Global Automotive Chromium Market Expected to reach a high CAGR of 7.1% By 2027: DataM Intelligence

Global Automotive Chromium Market is segmented By Vehicle Type (Two-wheeler, Passenger vehicles, Commercial vehicles), By Application (Decorative chromium plating, Functional chromium plating), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Market Overview

The Global Automotive Chromium Market is expected to grow at a CAGR of 7.1% during the forecasting period (2020-2027).Due to rising chromium plating demand from the passenger vehicles segment, on account of its superior corrosion resistance properties will augment the market growth during the forecast period.

Automotive Chromium market

Chrome plating is a technique of electroplating a thin layer of chromium onto a metal object. The chromed layer can be decorative, provide corrosion resistance, ease cleaning procedures, or increase surface hardness. Sometimes, a less expensive imitator of chrome may be used for aesthetic purposes.

The report covers all the major trends and drivers playing a key role in the growth of the Automotive Chromium market.Automotive Chromium market is segmented by Product Type, Technology, End-user and Region.

Global Automotive Chromium Market Size, (in $ Billion), 2018-2026

**Source: DataM Intelligence Analysis (2019)

 

Market Dynamics

The global Automotive Chromium market is primarily driven by with growing automotive industry and rise in demand of chrome plating from developing countries such as India, and China. Chrome plating protects automotive components from corrosion, scratch, and wear and tear. It provides brightness and enhances their appearance. Hexavalent and trivalent chromium are popularly used for decorative chromium plating of automotive components. Decorative chrome plating is mainly applied to exterior automotive components or vehicle parts such as door handles.

Provisional Registrations or Sales of New Vehicles - All types (In Millions)

However, stringent environmental regulations led by various governments in matured economies is expected to pose a challenge to the growth of automotive chromium market.

Segment Analysis

By vehicle type, the global Automotive Chromium market is segmented into Two-wheelers, Passengers vehicles, and Commercial Vehicles.Passenger vehicles accounted for the majority share in the market due to the rise in the demand for the chrome paints in passenger vehicles’ interior parts and exterior parts. Chromium paint is growing its popularity as it gives great appearance to the part painted coupled with the corrosion resistance property increase its life. With its property of corrosion resistance, the demand of it in two-wheeler segment is boosting, due to the more exposed parts. Therefore, increasing the automotive chromium market for the two-wheeler segment in the forecast period.  

By application, the global Automotive Chromium market is segmented into Decorative plating and Functional plating. plating segment accounted for the largest share in the market. The decorative plating is being increasingly used on account of its beneficial properties such stain and abrasion resistance, which is expected to have positive impact on market. This type of plating is usually applied in the range of 0.1 - 2.0 μm, and hence is used mostly for plating exterior automotive components. The properties such as abrasion and stain resistance are expected to fuel the demand for this application over the forecast period.

Automotive Chromium Market

Geographical Analysis

By geography, the global Automotive Chromium market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

In 2018, European countries are engaged in manufacturing passenger and commercial vehicle on large scale. The innovative use of chromium to provide quality components as per the industry requirement is expected to have a positive impact on the market during the forecast period.

Demand in Asia Pacific is expected to increase and will be the second largest market during the period from 2019 to 2026. This growth can be attributed 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.

It is expected to witness significant growth, owing to high government spending on the infrastructure sector and rising opportunities for Foreign Direct Investment (FDI), especially in countries like in China and India. Moreover, the demand for Automotive Chromium in APAC is largely driven by the growing automotive sector. The rise in population and increase in income per capita income are majorly driving the automotive industry in the region.

Global Automotive Chromium Market share, by Region,(%), 2018

**Source: DataM Intelligence Analysis (2019)

Competitive Analysis

Automotive Chromium market is highly competitive, and thus, manufacturers continuously focus on developing new strategies to grab more number of customers across the globe. Over the coming years, companies are expected to focus on potential growth markets for Automotive Chromium. To that end, besides expanding their presence, companies are expected to formulate effective distribution strategies to make their presence felt in the upcoming markets for Automotive Chromium. Merger, acquisition, and product development are key strategies adopted by leading players.

The major players in the market are Atotech, Kakihara Industries, MVC Holdings, Platform Specialty Products Corporation, and SARREL. Other prominent players in the market are MacdermidEnthone Inc., American Electroplating Company, Borough Ltd, Customchrome Plating Inc, and Rotorua Electroplaters Ltd.

For instance, Atotech recently launched the first trivalent chromium hard chrome-BluCr. With BluCr, Atotech is the first company in the electroplating industry to offer an industrial trivalent chromium hard chrome plating process and by this means an alternative to hexavalent hard chrome plating.

Compitative

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**The Automotive Chromium Market report would provide access to an approx., 100 market data table, 135 figures, and 218 pages.

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Table of Contents​​​​​​​

  1. Global Automotive Chromium Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Automotive Chromium Market – Market Definition and Overview

  3. Global Automotive Chromium Market – Executive Summary

    1. Market Snippet by Vehicle Type
    2. Market Snippet by Application
    3. Market Snippet by Region
  4. Global Automotive Chromium Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Rising chromium plating demand from the passenger vehicles segment
      2. Restraints
        1. stringent environmental regulations
    2. Impact Analysis
    3. Opportunities
  5. Global Automotive ChromiumMarket – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
  6. Global Automotive Chromium Market – By Vehicle Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type segment
      2. Market Attractiveness Index, By Vehicle Typesegment
    2. Two-wheeler*
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Passenger vehicles
    4. Commercial vehicles
  7. Global Automotive Chromium Market – By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application segment
      2. Market Attractiveness Index, By Application segment
    2. Decorative chromium plating*
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Functional chromium plating
  8. Global Automotive Chromium Market – By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Italy
        5. Spain
        6. Russia
        7. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Chile
        4. Colombia
        5. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. Japan
        3. South Korea
        4. India
        5. Indonesia
        6. Australia
        7. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
  9. Global Automotive ChromiumMarket – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  10. Company Profiles

    1. Atotech*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Kakihara Industries
    3. MVC Holdings
    4. Platform Specialty Products Corporation
    5. SARREL
    6. MacdermidEnthone Inc.
    7. American Electroplating Company
    8. Borough Ltd
    9. Custom chrome Plating Inc
    10. Rotorua Electroplaters Ltd
  11. Global Automotive ChromiumMarket – Premium Insights

  12. Global Automotive ChromiumMarket – DataM

    1. Appendix
    2. About Us and Services
    3. Contact Us

 

List of Tables & Figures

List of Tables

Table 01 Global Automotive Chromium Market Value, By Vehicle Type, 2018,2022 & 2026 ($ Million)

Table 02 Global Automotive Chromium Market Value, By Application, 2018,2022 & 2026 ($ Million)

Table 03 Global Automotive Chromium Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 04 Global Automotive Chromium Market Value, By Vehicle Type, 2018,2022 & 2026 ($ Million)

Table 05 Global Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 06 Global Automotive Chromium Market Value, By Application, 2018,2022 & 2026 ($ Million)

Table 07 Global Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 08 Global Automotive Chromium Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 09 Global Automotive Chromium Market Value, By Region, 2017-2026 ($ Million)

Table 10 North America Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 11 North America Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 12 North America Automotive Chromium Market Value, By Country, 2017-2026 ($ Million)

Table 13 South America Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 14 South America Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 15 South America Automotive Chromium Market Value, By Country, 2017-2026 ($ Million)

Table 16 Europe Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 17 Europe Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 18 Europe Automotive Chromium Market Value, By Country, 2017-2026 ($ Million)

Table 19 Asia-Pacific Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 20 Asia-Pacific Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 21 Asia-Pacific Automotive Chromium Market Value, By Country, 2017-2026 ($ Million)

Table 22 Middle East & Africa Automotive Chromium Market Value, By Vehicle Type, 2017-2026 ($ Million)

Table 23 Middle East & Africa Automotive Chromium Market Value, By Application, 2017-2026 ($ Million)

Table 24 Atotech: Overview

Table 25 Atotech: Product Portfolio

Table 26 Atotech: Key Developments

Table 27 Kakihara Industries: Overview

Table 28 Kakihara Industries: Product Portfolio

Table 29 Kakihara Industries: Key Developments

Table 30 MVC Holdings: Overview

Table 31 MVC Holdings: Product Portfolio

Table 32 MVC Holdings: Key Developments

Table 33 Platform Specialty Products Corporation: Overview

Table 34 Platform Specialty Products Corporation: Product Portfolio

Table 35 Platform Specialty Products Corporation: Key Developments

Table 36 SARREL: Overview

Table 37 SARREL: Product Portfolio

Table 38 SARREL: Key Developments

Table 39 MacdermidEnthone Inc.: Overview

Table 40 MacdermidEnthone Inc.: Product Portfolio

Table 41 MacdermidEnthone Inc.: Key Developments

Table 42 American Electroplating Company: Overview

Table 43 American Electroplating Company: Product Portfolio

Table 44 American Electroplating Company: Key Developments

Table 45 Borough Ltd: Overview

Table 46 Borough Ltd: Product Portfolio

Table 47 Borough Ltd: Key Developments

Table 48 Customchrome Plating Inc: Overview

Table 49 Customchrome Plating Inc: Product Portfolio

Table 50 Customchrome Plating Inc: Key Developments

Table 51 Rotorua Electroplaters Ltd: Overview

Table 52 Rotorua Electroplaters Ltd: Product Portfolio

Table 53 Rotorua Electroplaters Ltd: Key Developments  

 

List of Figures

Figure 01 Global Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 02 Global Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 03 Global Automotive Chromium Market Share, By Region, 2018 & 2026 (%)

Figure 04 Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 05 Global Automotive Chromium Market Y-o-Y Growth, By Vehicle Type, 2018-2026 (%)

Figure 06 Two-wheeler: Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 07 Passenger vehicles: Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 08 Commercial Vehicles: Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 09 Global Automotive Chromium Market Y-o-Y Growth, By Application, 2018-2026 (%)

Figure 10 Decorative chromium plaring: Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 11 Functional chromium plating: Global Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 12 Global Automotive Chromium Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 13 North America Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 14 North America Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 15 North America Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 16 North America Automotive Chromium Market Share, By Country, 2018 & 2026 (%)

Figure 17 South America Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 18 South America Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 19 South America Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 20 South America Automotive Chromium Market Share, By Country, 2018 & 2026 (%)

Figure 21 Europe Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 22 Europe Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 23 Europe Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 24 Europe Automotive Chromium Market Share, By Country, 2018 & 2026 (%)

Figure 25 Asia-Pacific Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 26 Asia-Pacific Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 27 Asia-Pacific Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 28 Asia-Pacific Automotive Chromium Market Share, By Country, 2018 & 2026 (%)

Figure 29 Middle East & Africa Automotive Chromium Market Value, 2017-2026 ($ Million)

Figure 30 Middle East & Africa Automotive Chromium Market Share, By Vehicle Type, 2018 & 2026 (%)

Figure 31 Middle East & Africa Automotive Chromium Market Share, By Application, 2018 & 2026 (%)

Figure 32 Atotech: Financials

Figure 33 Kakihara Industries: Financials

Figure 34 MVC Holdings: Financials

Figure 35 Platform Specialty Products Corporation: Financials

Figure 36 SARREL: Financials

Figure 37 MacdermidEnthone Inc.: Financials

Figure 38 American Electroplating Company: Financials

Figure 39 Borough Ltd: Financials

Figure 40 Customchrome Plating Inc: Financials

Figure 41 Rotorua Electroplaters Ltd: Financials

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