Global Automotive Chromium Market Growth 2023-2029

Global Automotive Chromium Market Growth 2023-2029

Chromium plating is being increasingly used for plating various passenger vehicle components such as bumpers, grills, mirror covers, inner & outer door handle, interior decorative parts, headrest and other parts. Chromium plating process involves different steps which include degreasing, cleaning dirt & impurities, different types of pretreatment varying according to substrate material.

LPI (LP Information)' newest research report, the “Automotive Chromium Industry Forecast” looks at past sales and reviews total world Automotive Chromium sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Chromium sales for 2023 through 2029. With Automotive Chromium sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Chromium industry.

This Insight Report provides a comprehensive analysis of the global Automotive Chromium landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Chromium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Chromium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Chromium and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Chromium.

The global Automotive Chromium market size is projected to grow from US$ 1470.9 million in 2022 to US$ 2063.9 million in 2029; it is expected to grow at a CAGR of 2063.9 from 2023 to 2029.

Germany and UK cumulatively accounted over 35% of the Europe market in 2015 on account of rising automotive vehicle production in this region. These 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 over next nine years.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Chromium market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Decorative Plating
Functional Plating

Segmentation by application
Passenger Vehicles
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Macdermid Enthone Inc.
Kakihara Industries Co., Ltd.
Sarrel
MVC Holdings, LLC.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Chromium market?

What factors are driving Automotive Chromium market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Chromium market opportunities vary by end market size?

How does Automotive Chromium break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.