Rising chromium plating demand from the passenger vehicles segment, on account of its superior corrosion resistance properties will augment the market growth over the next nine years.
The Global Automotive Chromium Market is expected to reach USD 2.54 billion by 2025, according to a new report by Grand View Research, Inc.
The passenger vehicle segment held the largest market share. Chrome 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. In addition, the growing popularity of chrome plating in passenger vehicles, since it enhances aesthetics is expected to propel the market growth over the forecast period.
The decorative plating application segment accounted for the largest share in the global automotive chromium 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. However, stringent environmental regulations laid by various governments in matured economies is expected to pose a challenge to the growth of automotive chromium market over the next nine years.
Increasing chrome plating on two wheelers on account of enhanced corrosion and wear resistance offered; would propel the industry development. The rise in manufacturing of vehicles in North America and Asia Pacific region is anticipated to fuel the demand for automotive chromium over the forecast period.
To Know More About Automotive Chromium Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/automotive-chromium-market
The increasing number of two wheelers, in North America is expected to boost the chromium plating for various components including headlight, frame, nuts & bolts, wheels, and others. The benefit of improved two wheeler aesthetics on account of chrome plating would propel the market during 2016 to 2025.
Top Players of Automotive Chromium Market:
Key participants include Macdermid Enthone Inc., Kakihara Industries Co., Ltd., Sarrel, and MVC Holdings, LLC.
Market Segmentation of Automotive Chromium Market:
The Global Automotive Chromium Market segmented on the basis of Application and End-Use.
By Application:
Decorative Plating
Functional Plating
By End-Use:
Two Wheelers
Passenger Vehicles
Commercial Vehicles
Inquire about Automotive Chromium Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4243
The Global Automotive Chromium Market is expected to reach USD 2.54 billion by 2025, according to a new report by Grand View Research, Inc.
The passenger vehicle segment held the largest market share. Chrome 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. In addition, the growing popularity of chrome plating in passenger vehicles, since it enhances aesthetics is expected to propel the market growth over the forecast period.
The decorative plating application segment accounted for the largest share in the global automotive chromium 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. However, stringent environmental regulations laid by various governments in matured economies is expected to pose a challenge to the growth of automotive chromium market over the next nine years.
Increasing chrome plating on two wheelers on account of enhanced corrosion and wear resistance offered; would propel the industry development. The rise in manufacturing of vehicles in North America and Asia Pacific region is anticipated to fuel the demand for automotive chromium over the forecast period.
To Know More About Automotive Chromium Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/automotive-chromium-market
The increasing number of two wheelers, in North America is expected to boost the chromium plating for various components including headlight, frame, nuts & bolts, wheels, and others. The benefit of improved two wheeler aesthetics on account of chrome plating would propel the market during 2016 to 2025.
Top Players of Automotive Chromium Market:
Key participants include Macdermid Enthone Inc., Kakihara Industries Co., Ltd., Sarrel, and MVC Holdings, LLC.
Market Segmentation of Automotive Chromium Market:
The Global Automotive Chromium Market segmented on the basis of Application and End-Use.
By Application:
Decorative Plating
Functional Plating
By End-Use:
Two Wheelers
Passenger Vehicles
Commercial Vehicles
Inquire about Automotive Chromium Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4243
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