Trivalent Chromium Finishing Market Share, Size, Trends, Industry Analysis Report, By System (Plating, Conversion Coatings, and Passivation); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032

Trivalent Chromium Finishing Market Share, Size, Trends, Industry Analysis Report, By System (Plating, Conversion Coatings, and Passivation); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032



The global trivalent chromium finishing market size is expected to reach USD 563.17 million by 2032, according to a new study by Polaris Market Research. The report “Trivalent Chromium Finishing Market Share, Size, Trends, Industry Analysis Report, By System (Plating, Conversion Coatings, and Passivation); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Demand for the product is anticipated to increase significantly as the automotive sector constantly trying to comply with the end-of-life vehicles directive, that requires use of the trivalent chromium along with the rise in the number of construction projects taking place especially in the developing economies. It is further anticipated that there will be significant increase in the need for trivalent chromic surface treatment procedures including electroplating and conversion of the coatings for decorative interior and exterior finishing of various automotive parts like license plate frames, trim consoles, steering wheel trims, and headlights.

Trivalent chromium has gained significant traction globally as a environmentally friendly alternative to the hexavalent chromium, with large number of same characteristics like availability in numerous color options and provide scratch & corrosion resistance, as it uses chromium chloride as their major ingredient in place of the chromium trioxide, which makes it less than the hexavalent chromium.

In the recent years, chromium coatings are being widely used in numerous industries to provide surface with the functional properties like hardness, corrosion resistance, low coefficient of friction, and wear resistance. Additionally, decorative chromium coatings consisting a thin layer of chromium to provide a bright surface with the tarnish resistance, when plated over the nickel layer is influencing the adoption of product worldwide.

Trivalent Chromium Finishing Market Report Highlights

Plating segment accounted largest market share in 2022, which is mainly driven by growing prevalence of the product in numerous end-use industries including automotive and appliances

Decorative segment is anticipated to grow at a high CAGR during the projected period, owing to its ability to provide various types of shades that positively influences the differentiation of product

Automotive segment held the significant market revenue share in 2022, mainly due to continuous rise in the sales of automobiles and growing production rate in countries like China and US

Asia Pacific region dominated the global market in 2022, owing to increasing use of heavy machinery in manufacturing sector and increased vehicles production capacity in the region

The global key market players include Chem Processing, Atotech Deutschland, Midland Polishing, MacDermid Incorporated, and Sarrel Group

Polaris Market Research has segmented the trivalent chromium finishing market report based on system, application, end-use, and region:

Trivalent Chromium Finishing, System Outlook (Revenue - USD Million, 2019 - 2032)

Plating

Conversion Coatings

Passivation

Trivalent Chromium Finishing, Application Outlook (Revenue - USD Million, 2019 - 2032)

Decorative

Functional

Trivalent Chromium Finishing, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

Automotive

Oil & Gas

Aerospace

Hydraulics & Heavy

Machinery

Others

Trivalent Chromium Finishing, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Trivalent Chromium Finishing Market Insights
4.1. Trivalent Chromium Finishing Market – End-Use Snapshot
4.2. Trivalent Chromium Finishing Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing demand for the product from the electronic industry
4.2.1.2. Rising focus on the predictive maintenance in the hydraulics sector
4.2.2. Restraints and Challenges
4.2.2.1. High cost
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Trivalent Chromium Finishing Market End-Use Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Trivalent Chromium Finishing Market, by System
5.1. Key Findings
5.2. Introduction
5.2.1. Global Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
5.3. Plating
5.3.1. Global Trivalent Chromium Finishing Market, by Plating, by Region, 2019-2032 (USD Million)
5.4. Conversion Coatings
5.4.1. Global Trivalent Chromium Finishing Market, by Conversion Coatings, by Region, 2019-2032 (USD Million)
5.5. Passivation
5.5.1. Global Trivalent Chromium Finishing Market, by Passivation, by Region, 2019-2032 (USD Million)
6. Global Trivalent Chromium Finishing Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
6.3. Decorative
6.3.1. Global Trivalent Chromium Finishing Market, by Decorative, by Region, 2019-2032 (USD Million)
6.4. Functional
6.4.1. Global Trivalent Chromium Finishing Market, by Functional, by Region, 2019-2032 (USD Million)
7. Global Trivalent Chromium Finishing Market, by End-Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
7.3. Automotive
7.3.1. Global Trivalent Chromium Finishing Market, by Automotive, By Region, 2019-2032 (USD Million)
7.4. Oil & Gas
7.4.1. Global Trivalent Chromium Finishing Market, by Oil & Gas, By Region, 2019-2032 (USD Million)
7.5. Aerospace
7.5.1. Global Trivalent Chromium Finishing Market, by Aerospace, By Region, 2019-2032 (USD Million)
7.6. Hydraulics & Heavy
7.6.1. Global Trivalent Chromium Finishing Market, by Hydraulics & Heavy, By Region, 2019-2032 (USD Million)
7.7. Machinery
7.7.1. Global Trivalent Chromium Finishing Market, by Machinery, By Region, 2019-2032 (USD Million)
7.8. Others
7.8.1. Global Trivalent Chromium Finishing Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Trivalent Chromium Finishing Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Trivalent Chromium Finishing Market Assessment, By Geography, 2019-2032 (USD Million)
8.3. Trivalent Chromium Finishing Market – North America
8.3.1. North America: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.3.2. North America: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.3.3. North America: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.3.4. Trivalent Chromium Finishing Market – U.S.
8.3.4.1. U.S.: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.3.4.2. U.S.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.3.4.3. U.S.: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.3.5. Trivalent Chromium Finishing Market – Canada
8.3.5.1. Canada: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.3.5.2. Canada.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.3.5.3. Canada: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4. Trivalent Chromium Finishing Market – Europe
8.4.1. Europe: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.2. Europe.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.3. Europe: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.4. Trivalent Chromium Finishing Market – UK
8.4.4.1. UK: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.4.2. UK.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.4.3. UK: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.5. Trivalent Chromium Finishing Market – France
8.4.5.1. France: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.5.2. France.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.5.3. France: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.6. Trivalent Chromium Finishing Market – Germany
8.4.6.1. Germany: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.6.2. Germany.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.6.3. Germany: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.7. Trivalent Chromium Finishing Market – Italy
8.4.7.1. Italy: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.7.2. Italy.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.7.3. Italy: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.8. Trivalent Chromium Finishing Market – Spain
8.4.8.1. Spain: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.8.2. Spain.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.8.3. Spain: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.9. Trivalent Chromium Finishing Market – Netherlands
8.4.9.1. Netherlands: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.9.2. Netherlands.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.9.3. Netherlands: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.4.10. Trivalent Chromium Finishing Market – Russia
8.4.10.1. Russia: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.4.10.2. Russia.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.4.10.3. Russia: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5. Trivalent Chromium Finishing Market – Asia Pacific
8.5.1. Asia Pacific: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.2. Asia Pacific.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.3. Asia Pacific: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.4. Trivalent Chromium Finishing Market – China
8.5.4.1. China: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.4.2. China.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.4.3. China: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.5. Trivalent Chromium Finishing Market – India
8.5.5.1. India: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.5.2. India.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.5.3. India: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.6. Trivalent Chromium Finishing Market – Malaysia
8.5.6.1. Malaysia: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.6.2. Malaysia.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.6.3. Malaysia: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.7. Trivalent Chromium Finishing Market – Japan
8.5.7.1. Japan: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.7.2. Japan.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.7.3. Japan: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.8. Trivalent Chromium Finishing Market – Indonesia
8.5.8.1. Indonesia: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.8.2. Indonesia.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.8.3. Indonesia: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.5.9. Trivalent Chromium Finishing Market – South Korea
8.5.9.1. South Korea: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.5.9.2. South Korea.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.5.9.3. South Korea: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.6. Trivalent Chromium Finishing Market – Middle East & Africa
8.6.1. Middle East & Africa: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.6.2. Middle East & Africa.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.6.3. Middle East & Africa: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.6.4. Trivalent Chromium Finishing Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.6.4.2. Saudi Arabia.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.6.4.3. Saudi Arabia: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.6.5. Trivalent Chromium Finishing Market – UAE
8.6.5.1. UAE: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.6.5.2. UAE.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.6.5.3. UAE: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.6.6. Trivalent Chromium Finishing Market – Israel
8.6.6.1. Israel: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.6.6.2. Israel.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.6.6.3. Israel: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.6.7. Trivalent Chromium Finishing Market – South Africa
8.6.7.1. South Africa: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.6.7.2. South Africa.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.6.7.3. South Africa: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.7. Trivalent Chromium Finishing Market – Latin America
8.7.1. Latin America: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.7.2. Latin America.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.7.3. Latin America: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.7.4. Trivalent Chromium Finishing Market – Mexico
8.7.4.1. Mexico: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.7.4.2. Mexico.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.7.4.3. Mexico: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.7.5. Trivalent Chromium Finishing Market – Brazil
8.7.5.1. Brazil: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.7.5.2. Brazil.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.7.5.3. Brazil: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
8.7.6. Trivalent Chromium Finishing Market – Argentina
8.7.6.1. Argentina: Trivalent Chromium Finishing Market, by System, 2019-2032 (USD Million)
8.7.6.2. Argentina.: Trivalent Chromium Finishing Market, by End-Use, 2019-2032 (USD Million)
8.7.6.3. Argentina: Trivalent Chromium Finishing Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Sarrel Group
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Kakihara Industries
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Ronatec C2C
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Chem Processing
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Atotech Deutschland
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. MacDermid Incorporated
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Midland Polishing
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Poeton Industries
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Asterion
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Electro Chemical Finishing
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. CHEMEON Surface Technology
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development

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