Press release
Global Automotive Chromium Finishing Market Worth $5.17 Billion by 2029, Growing at 4.2% CAGR
Automotive Chromium Finishing Market
Automotive Chromium Finishing Market Outlook: What Size And CAGR Are Anticipated By 2025?
The scale of the automotive chromium finishing market has seen consistent growth over the past few years. Its value is expected to escalate from $4.3 billion in 2024 to $4.38 billion in 2025, witnessing a compound annual growth rate (CAGR) of 2.0%. The expansion throughout the historical timeframe can be credited to factors such as the rising demand for aesthetics and corrosion resistance, luxury automobile trends, adherence to regulatory norms, customization in the aftermarket, and a surge in vehicle manufacturing.
What Is the Expected CAGR for the Automotive Chromium Finishing Market Growth Through 2029?
The expected growth of the automotive chromium finishing market size in the coming years is projected to be steady, reaching $5.17 billion by 2029 with a 4.2% compound annual growth rate (CAGR). Factors influencing this forecasted growth encompass design trends in electric vehicles, emphasis on eco-friendly finishing processes, expansion in emerging markets, transition to non-hexavalent chromium, and developments in connected and autonomous vehicles. Anticipated trends within this forecasted period include technological advancements in chromium plating, matte finishes, color variations, collaboration with automotive designers, practices centered around recyclability and the circular economy, as well as strategic partnerships formed for research and development.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-chromium-finishing-global-market-report
What Are the Primary Drivers Behind Automotive Chromium Finishing Market Growth?
The surge in luxury vehicle sales is predicted to fuel advancement in the automotive chromium finishing market. Luxury vehicles, adorned with supplementary amenities for the driver's convenience and social standing, often feature chromium finishing due to its enchanting, impressive surface, and anti-corrosion properties, imbuing traditional opulence to these high-end automobiles. For example, in December 2022, Cox Automotive, an American car company, reported that luxury vehicle's share experienced an uptick to 18.2% of total sales in November from 17.8% in October, maintaining a historically high level. Consequently, the escalating sales of luxury vehicles are propelling the growth of the automotive chromium finishing market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12459&type=smp
What Are the Key Segments Driving Automotive Chromium Finishing Market Growth?
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 After market
Subsegments:
1) By Metal: Steel, Aluminum, Copper
2) By Plastics: ABS (Acrylonitrile Butadiene Styrene), Polycarbonate, PVC (Polyvinyl Chloride)
What Are the Technological Trends Impacting the Automotive Chromium Finishing Market?
The trend of product innovation is becoming increasingly significant in the automotive chromium finishing industry. To maintain their industry standing, leading firms in this market are focusing on the development of breakthrough products. For example, STEK USA Inc., a US manufacturer specializing in ceramic coatings, films, and car care products introduced the world's premier chrome paint protection film, called the DYNOchrome series, in March 2023. Thanks to advanced technology and the use of 100% TPU-based plastic film, this product produces a natural metal finish. Featuring a top layer of self-healing and hydrophobic film and backed by a 10-year warranty for manufacturing faults, the DYNOchrome demonstrates the importance and impact of product innovation.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=12459&type=smp
Who Are the Major Competitors in the Global Automotive Chromium Finishing Market?
Major companies operating in the automotive chromium finishing market include 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.
Which Region Dominates the Automotive Chromium Finishing Market Share in 2025?
Asia-Pacific was the largest region in the automotive chromium finishing market in 2024. The regions covered in the automotive chromium finishing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Automotive Chromium Finishing Market Worth $5.17 Billion by 2029, Growing at 4.2% CAGR here
News-ID: 4256093 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
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…
