Press release
Automotive Chromium Finishing Market 2024 Growth, Segments And Forecast 2033
Automotive Chromium Finishing Market
The Business Research Company offers in-depth market insights through Automotive Chromium Finishing Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The automotive chromium finishing market size has grown steadily in recent years. It will grow from $4.23 billion in 2023 to $4.38 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to aesthetic and corrosion resistance demand, luxury automotive trends, regulatory compliance, aftermarket customization, increased vehicle production.
The automotive chromium finishing market size is expected to see steady growth in the next few years. It will grow to $4.96 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to electric vehicle design trends, focus on sustainable finishing processes, emerging market growth, connected and autonomous vehicles, shift towards non-hexavalent chromium. Major trends in the forecast period include advancements in chromium plating technologies, matte finishes and color variations, collaboration with automotive designers, recyclability and circular economy practices, strategic partnerships for research and development.
Get Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=12459&type=smp
Market Segmentation:
The automotive chromium finishing market covered in this report is segmented -
1) By Base Material: Metal, Plastics
2) By Process: Decorative Chrome, Hard Chrome
3) By Vehicle: Passenger Car, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Two-Wheelers
4) By End-User: Automotive Original Equipment Manufacturer (OEM), Automotive Aftermarket
Major Driver - Surging Luxury Vehicle Sales Propel Growth In The Automotive Chromium Finishing Market
The increasing sales of luxury vehicles are expected to propel the growth of the automotive chromium finishing market going forward. Luxury vehicles are vehicles with additional amenities for the driver's comfort and status. Chromium finishing, with its dazzling, brilliant surface, and corrosion-resistant qualities, lends luxurious and traditional elegance to luxury vehicles. For instance, in December 2022, according to Cox Automotive, a US-based automobile company, with an increase to 18.2% of overall sales in November from 17.8% in October, the share of luxury vehicles will still be historically high. Therefore, the increasing sales of luxury vehicles are driving the growth of the automotive chromium finishing market.
Competitive Landscape:
Major companies operating in the automotive chromium finishing market report are Atotech Deutschland GmbH, Sarrel Group, MacDermid Incorporated, COLLINI GRUPPE, Collini GmbH, Eakas Corporation, Synergies Castings Limited, MVC Holdings LLC, Techmetals Inc., Allied Finishing Inc., United States Chrome Corporation, Chem Processing Inc., Electro-Spec Inc., Micro Metal Finishing LLC, Borough Ltd., Taiyo America Inc., Hadronics Inc., Roll Technology Corp., Valley Chrome Plating Inc., SAT Plating LLC, FH Lambert Limited, American Electroplating Company, Rotorua Electroplaters Ltd., Ogawa Asia Co. Ltd., Kakihara Industries Co. Ltd., Chromium Inc., Ultra Plating Corporation, Pentrate Metal Processing Inc., Pentrate Metal Processing, Seminole Metal Finishing Inc.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/automotive-chromium-finishing-global-market-report
Top Trend - Stek Usa Inc. Redefines Automotive Chromium Finishing With The Dynochrome Series Breakthrough In Chrome Paint Protection
Product innovations are a key trend gaining popularity in the automotive chromium finishing market. Major companies operating in the automotive chromium finishing market are developing innovative products to sustain their position in the market. For instance, in March 2023, STEK USA Inc., a US-based manufacturer of ceramic coatings, films, and car care products, launched the DYNOchrome series, the world's first chrome paint protection film. It is uniquely designed with advanced technology and 100% TPU-based plastic film, resulting in a natural metal finish. The DYNOchrome is designed with a top-coated film with a self-healing and hydrophobic layer and a 10-year warranty against manufacturing defects.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automotive Chromium Finishing Market Characteristics
3. Automotive Chromium Finishing Market Trends And Strategies
4. Automotive Chromium Finishing Market - Macro Economic Scenario
5. Automotive Chromium Finishing Market Size And Growth
…..
27. Automotive Chromium Finishing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Chromium Finishing Market 2024 Growth, Segments And Forecast 2033 here
News-ID: 3384661 • Views: …
More Releases from The Business research company
Global Double-Sided Masking Tapes Market Expansion at 7.8% CAGR, Valued at $18.4 …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Double-Sided Masking Tapes Market Size Forecast for 2025?
The market size of double-sided masking tapes has been experiencing consistent growth in recent years. The market will increase from a figure of $13.01 billion in 2024 to about $13.64 billion in 2025, demonstrating a compound annual growth rate…
Construction Adhesives Market on Path to Hit $18.32 Billion by 2029 at 9% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Construction Adhesives Market Outlook: What Size And CAGR Are Anticipated By 2025?
There has been a robust growth in the size of the construction adhesives market in the recent past. The market that was at $12.06 billion in 2024 is projected to rise to $12.95 billion in 2025, with a…
Future of Chromatography Resins Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Chromatography Resins Market by 2025?
In recent years, the market size of chromatography resins has experienced significant growth. Starting from a value of $2.95 billion in 2024, it is predicted to increase to $3.15 billion in 2025 with a compound annual growth…
Blow-Molded Plastics Industry Set to Achieve $128.73 Billion Milestone by 2029 | …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Blow-Molded Plastics Market Size 2025?
The market size of blow-molded plastics has seen constant enlargement in the previous few years. It is expected to rise from $97.17 billion in 2024 to $99.31 billion in 2025, at a compound annual growth rate (CAGR) of…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
