Trivalent Chromium Finishing Market Research Report – Global Forecast till 2027

Trivalent Chromium Finishing Market Research Report: by Type (Plating, Passivation, Conversion Coatings), by Application (Hydraulics & Heavy Machinery, Oil & Gas, Automotive, Aerospace, Others), and Region - Global Forecast till 2027

ID: MRFR/CnM/5999-CR | February 2019 | Region: Global | 149 pages

Please note that the assessment period of the report has been updated from 2018-2025 to 2020-2027. Cordially fill Sample form for the updated data.

Market Overview


Trivalent chromium finishing is a premier plating method used in decorative and functional finishes. The method gained prominence as a viable substitute for hexavalent chromium finishing which is considered carcinogenic by federal agencies.


The global trivalent chromium finishing market is estimated to touch a valuation of USD 416 million by 2025, as per the latest findings of Market Research Future (MRFR). It is predicted to register 5.80% CAGR over the forecast period (2018-2025). It was previously valued at USD 271 million in 2017.


Factors driving market growth include strict regulations concerning the use of hexavalent chromium and rising demand for trivalent chromium plating in the automotive industry. But the availability of thermal spray coating as an alternative to plating can hamper market growth.


Segmentation Overview


The global trivalent chromium finishing market is segmented on the basis of type and application. By type, the market is segmented into plating, conversion coatings, and passivation. Major applications of trivalent chromium finishing include automotive, hydraulics & heavy machinery, oil & gas, aerospace, and others. 


Regional Overview


Based on regions, the global trivalent chromium finishing market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). The APAC region is expected to experience a stellar growth rate owing to the booming automotive sector in India, Thailand, China, and South Korea. Europe is projected to exhibit a modest growth rate during the assessment period owing to several policies set by the European Union for adherence of trivalent chromium finishing.


Competitive Landscape


Notable players in the global trivalent chromium finishing market report include MacDermid, Inc. (U.S.), Atotech (Germany), Chem Processing, Inc. (U.S.), Ronatec C2C, Inc. (U.S.), Midland Polishing & Plating Ltd. (U.K.), ASTERION, LLC (U.S.), Electro Chemical Finishing (U.S.), CHEMEON Surface Technology, LLC (U.S.), Master Finish Company (U.S.), and Three J's Industries, Inc. (U.S.).


Research Methodology


At Market Research Future, we consider the proper blend of accurate, reliable, and relevant data as of prime importance. Our data analysts are adept in exactly interpreting data and gaining appropriate information. The primary research includes a head-to-head interview with eminent market insiders who have a pulse on market trends. The secondary method amplifies pertinent factors of the market that can positively influence the market during the forecast period. Other credible sources such as annual reports, publications by relevant associations, and SEC filings do play an integral part in the planning of the report. To maintain an objective analysis, we have included several proprietary standards for the estimation and validation of market data. Top-down and bottom-up approaches are a part of this analysis for a holistic understanding of the market, and the endeavor is to provide our client with an edge that would help them gain insights.


Analysis Period



  • Base Year - 2017

  • Projection Period - 2018 to 2023

  • Market Valuation - USD Million

  • Market Volume - Tons


For the scope of the report, the global trivalent chromium finishing market is segmented in the following manner


Type



  • Plating

  • Passivation

  • Conversion Coatings


Application



  • Hydraulics & Heavy Machinery

  • Oil & Gas

  • Automotive

  • Aerospace

  • Others


Region



  • North America

    • The U.S.

    • Canada



  •  Latin America

    • Mexico

    • Brazil

    • Argentina

    • Rest of Latin America



  •  Europe

    • The U.K.

    • Italy

    • Spain

    • France

    • Russia

    • Poland

    • Rest of Europe



  •  Asia Pacific (APAC)

    • China

    • Japan

    • India

    • Thailand

    • Australia & New Zealand

    • South Korea

    • Rest of Asia Pacific



  •  The Middle East & Africa (MEA)

    • Turkey

    • Egypt

    • South Africa

    • GCC Countries

    • Rest of the Middle East & Africa




Intended Audience:



  • Trivalent chromium finishing manufacturers

  • Trivalent chromium finishing service providers

  • Traders and distributors of trivalent chromium finishing

  • Production process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :


The trivalent chromium finishing market is projected to grow at a 5.80% CAGR between 2018-2025.

The trivalent chromium finishing market is predicted to touch USD 416 million by 2025.

Asia Pacific will dominate the trivalent chromium finishing market.

Growing demand in the automotive industry is boosting market growth.

Availability of alternatives may restrict market growth.

Global Trivalent Chromium Finishing Market - Summary


Overview


The global trivalent chromium finishing market is estimated to touch a size of USD 416 million by 2025. It can expand at 5.80% CAGR from 2018 to 2025 (forecast period). The market is primarily driven by the preference of the trivalent chromium plating method over hexavalent chromium plating. This can be attributed to restrictions placed by regulatory agencies to create a safe environment for factory workers.


High demand for a safe decorative plating method in the automotive sector in the back of various regulations is projected to work in favor of the trivalent chromium finishing market. For instance, dark chromium plating is preferred for interior and exterior applications. Automotive original equipment manufacturers (OEMs) use trivalent chromium finishing due to its similar properties with hexavalent chromium plating. Moreover, the automobile production has exceeded 100 million units in 2018. This can further the market prospects till 2025.


Industry Opportunity


Chrome plated plastics have created an opportunity in the market. This can be credited to policies outlining the lightening of automotive components which can curb emission levels in vehicles. Trivalent chromium plating can offer abrasion resistance, impact resistance, and luster to interior and exterior components of vehicles.


Segmentation Analysis


By type, the global trivalent chromium finishing market is segmented into plating, passivation, and conversion coatings. Plating accounted for the largest market share in 2017 owing to being widely used for aesthetic purposes in aerospace, automotive, and oil & gas. Conversion coatings can exhibit a robust CAGR thanks to its compatibility with aluminum. Its use an extra layer of defense for high-strength aluminum alloys can fuel the segment growth till 2025.


By application, the trivalent chromium finishing market is segmented into oil & gas, automotive, aerospace, hydraulics & heavy machinery, and others. The automotive segment captured a large market share in 2017 owing to the shift from hexavalent chromium plating. Moreover, the outer shine and corrosion resistance provided by trivalent chromium plating has led to its adoption by automotive original equipment manufacturers (OEMs). Hydraulics & heavy machinery can command a respectable share of the market owing to high requirement of wear and corrosion protection for these tools.


Regional Analysis


Geographic segmentation of the global trivalent chromium finishing market comprises North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).


The APAC trivalent chromium finishing market is projected to grow at a rapid clip owing to high demand in automotive and aerospace sectors. Urbanization and high disposable income levels of consumers have culminated in automotive manufacturers shifting their base to the region to cater to consumer demand for high-end cars.


The Europe trivalent chromium finishing market is touted to accumulate significant market revenue due to mandates and policies outlining the lightweight nature of components in order to curb emission levels. Adherence of norms by automotive OEMs is projected to spur the market growth exponentially.


The North America region can display a stellar growth rate owing to its demand in oil & gas, hydraulics, and aerospace. For instance, the adoption of trivalent chromium finishes by the U.S. Navy on aluminum and anodized aluminum coatings can offer it with superior corrosion resistance.


Competitive Landscape


CHEMEON Surface Technology, LLC (U.S.), Electro Chemical Finishing (U.S.), Three J's Industries, Inc. (U.S.), Atotech (Germany), Midland Polishing & Plating Ltd. (U.K.), MacDermid, Inc. (U.S.), Chem Processing, Inc. (U.S.), Master Finish Company (U.S.), Ronatec C2C, Inc. (U.S.), and ASTERION, LLC (U.S.) are some of the noteworthy players in the trivalent chromium finishing market.


The market is characterized by presence of small and medium-sized service providers. Investments and capacity expansions have been the focus of manufactures to tap into the latent potential of developing regions.

1 Executive Summary

2 Market Introduction

2.1 Definition 18

2.2 Scope Of The Study 18

2.3 List Of Assumptions 18

2.4 Market Structure 19

2.5 Key Takeaways 19

3 Market Insights

4 Research Methodology

4.1 Research Process 25

4.2 Primary Research 25

4.3 Secondary Research 26

4.4 Market Size Estimation 27

4.5 Forecast Model 28

5 Market Dynamics

5.1 Introduction 30

5.2 Drivers 31

5.2.1 Stringent Regulations On The Use Of Hexavalent Chromium 31

5.2.2 Increasing Demand For Trivalent Chromium Plating In The Automotive Industry 31

5.2.3 Drivers Impact Analysis 32

5.3 Restraints 33

5.3.1 Thermal Spray Coating As An Effective Alternative To Hard Chrome Plating 33

5.3.2 Restraints Impact Analysis 33

5.4 Opportunities 34

5.4.1 Surging Demand For Chrome Plated Plastics 34

5.5 Challenges 34

5.5.1 High Costs 34

6 Market Factor Analysis

6.1 Supply Chain Analysis 36

6.1.1 Raw Materials 37

6.1.2 Key Players 37

6.1.3 Distribution Channel 37

6.1.4 Applications 37

6.2 Porter’s Five Forces Model 37

6.2.1 Threat Of New Entrants 38

6.2.2 Rivalry 38

6.2.3 Threat Of Substitutes 38

6.2.4 Bargaining Power Of Suppliers 38

6.2.5 Bargaining Power Of Buyers 38

6.3 Customer Analysis 39

6.4 Pricing Analysis 40

6.5 Macroeconomic Indicator 41

7 Global Trivalent Chromium Finishing Market, By Type

7.1 Introduction 43

7.2 Plating 45

7.3 Conversion Coatings 46

7.4 Passivation 47

8 Global Trivalent Chromium Finishing Market, By Application

8.1 Introduction 49

8.2 Automotive 51

8.3 Hydraulics & Heavy Machinery 52

8.4 Oil & Gas 53

8.5 Aerospace 54

8.6 Others 55

9 Global Trivalent Chromium Finishing Market, By Region

9.1 Introduction 57

9.2 North America 61

9.2.1 US 64

9.2.1 Canada 66

9.3 Europe 68

9.3.1 Germany 71

9.3.2 France 73

9.3.3 Russia 75

9.3.4 UK 77

9.3.5 Spain 79

9.3.6 Italy 81

9.3.7 Poland 83

9.3.8 Rest Of Europe 85

9.4 Asia Pacific 87

9.4.1 China 90

9.4.2 Japan 92

9.4.3 India 94

9.4.4 South Korea 96

9.4.5 Australia & New Zealand 98

9.4.6 Thailand 100

9.4.7 Rest Of Asia Pacific 102

9.5 Latin America 104

9.5.1 Mexico 107

9.5.2 Brazil 109

9.5.3 Argentina 111

9.5.4 Rest Of Latin America 113

9.6 The Middle East And Africa 115

9.6.1 Turkey 118

9.6.2 South Korea 120

9.6.3 GCC COUNTRIES 122

9.6.4 Egypt 124

9.6.5 Rest Of The Middle East And Africa 126

10 Competitive Landscape

10.1 Competitive Landscape 129

10.1.1 Introduction 129

10.1.2 Key Development Analysis 129

10.1.3 Market Strategy Analysis 130

11 Company Profiles

11.1 MacDermid, Inc. 132

11.1.1 Company Overview 132

11.1.2 Financial Overview 132

11.1.3 Products Offered 132

11.1.4 Key Developments 132

11.1.5 SWOT Analysis 133

11.1.6 Key Strategies 133

11.2 Atotech 134

11.2.1 Company Overview 134

11.2.2 Financial Overview 134

11.2.3 Products Offered 134

11.2.4 Key Developments 134

11.2.5 SWOT Analysis 135

11.2.6 Key Strategies 135

11.3 Chem Processing, Inc. 136

11.3.1 Company Overview 136

11.3.2 Financial Overview 136

11.3.3 Products Offered 136

11.3.4 Key Developments 136

11.3.5 SWOT Analysis 136

11.3.6 Key Strategies 136

11.4 Ronatec C2C, Inc. 137

11.4.1 Company Overview 137

11.4.2 Financial Overview 137

11.4.3 Products Offered 137

11.4.4 Key Developments 137

11.4.5 SWOT Analysis 137

11.4.6 Key Strategies 137

11.5 Midland Polishing & Plating Ltd 138

11.5.1 Company Overview 138

11.5.2 Financial Overview 138

11.5.3 Products Offered 138

11.5.4 Key Developments 138

11.5.5 SWOT Analysis 138

11.5.6 Key Strategies 138

11.6 ASTERION, LLC 139

11.6.1 Company Overview 139

11.6.2 Financial Overview 139

11.6.3 Products Offered 139

11.6.4 Key Developments 139

11.6.5 SWOT Analysis 139

11.6.6 Key Strategies 140

11.7 Electro Chemical Finishing 141

11.7.1 Company Overview 141

11.7.2 Financial Overview 141

11.7.3 Products Offered 141

11.7.4 Key Developments 141

11.7.5 SWOT Analysis 141

11.7.6 Key Strategies 141

11.8 CHEMEON Surface Technology, LLC 142

11.8.1 Company Overview 142

11.8.2 Financial Overview 142

11.8.3 Products Offered 142

11.8.4 Key Developments 142

11.8.5 SWOT Analysis 143

11.8.6 Key Strategies 143

11.9 Master Finish Company 144

11.9.1 Company Overview 144

11.9.2 Financial Overview 144

11.9.3 Products Offered 144

11.9.4 Key Developments 144

11.9.5 SWOT Analysis 144

11.9.6 Key Strategies 144

11.10 Three J's Industries, Inc. 145

11.10.1 Company Overview 145

11.10.2 Financial Overview 145

11.10.3 Products Offered 145

11.10.4 Key Developments 145

11.10.5 SWOT Analysis 146

11.10.6 Key Strategies 146

12 Conclusion

13 List Of Tables

TABLE 1 MARKET SYNOPSIS 16

TABLE 2 LIST OF ASSUMPTIONS 18

TABLE 3 CUSTOMER ANALYSIS 39

TABLE 4 PRICING BY REGION, USD PER TONS (2020-2027) 40

TABLE 5 PRICING BY TYPE, USD PER TONS (2020-2027) 40

TABLE 6 PRICING BY APPLICATION, USD PER TONS (2020-2027) 40

TABLE 7 NOMINAL GDP IN USD MILLION, BY COUNTRY, 2020 41

TABLE 8 GLOBAL TRIVALENT CHROMIUM FINISHING, BY TYPE, 2020-2027 (USD THOUSAND) 43

TABLE 9 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 44

TABLE 10 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR PLATING, BY REGION, 2020-2027 (USD THOUSAND) 45

TABLE 11 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR PLATING, BY REGION, 2020-2027 (TONS) 45

TABLE 12 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR CONVERSION COATINGS, BY REGION, 2020-2027 (USD THOUSAND) 46

TABLE 13 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR CONVERSION COATINGS, BY REGION, 2020-2027 (TONS) 46

TABLE 14 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR PASSIVATION, BY REGION, 2020-2027 (USD THOUSAND) 47

TABLE 15 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR PASSIVATION, BY REGION, 2020-2027 (TONS) 47

TABLE 16 GLOBAL TRIVALENT CHROMIUM FINISHING, BY APPLICATION, 2020-2027 (USD THOUSAND) 49

TABLE 17 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 50

TABLE 18 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR AUTOMOTIVE, BY REGION, 2020-2027 (USD THOUSAND) 51

TABLE 19 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR AUTOMOTIVE, BY REGION, 2020-2027 (TONS) 51

TABLE 20 GLOBAL TRIVALENT CHROMIUM FINISHINGMARKET FOR HYDRAULICS & HEAVY MACHINERY, BY REGION, 2020-2027 (USD THOUSAND) 52

TABLE 21 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR HYDRAULICS & HEAVY MACHINERY, BY REGION, 2020-2027 (TONS) 52

TABLE 22 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR OIL & GAS, BY REGION, 2020-2027 (USD THOUSAND) 53

TABLE 23 GLOBAL TRIVALENT CHROMIUM FINISHINGMARKET FOR OIL & GAS, BY REGION, 2020-2027 (TONS) 53

TABLE 24 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR AEROSPACE, BY REGION, 2020-2027 (USD THOUSAND) 54

TABLE 25 GLOBAL TRIVALENT CHROMIUM FINISHINGMARKET FOR AEROSPACE, BY REGION, 2020-2027 (TONS) 54

TABLE 26 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR OTHERS, BY REGION, 2020-2027 (USD THOUSAND) 55

TABLE 27 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET FOR OTHERS, BY REGION, 2020-2027 (TONS) 55

TABLE 28 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY REGION, 2020-2027 (USD THOUSAND) 57

TABLE 29 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY REGION, 2020-2027 (TONS) 58

TABLE 30 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 59

TABLE 31 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 59

TABLE 32 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 60

TABLE 33 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 60

TABLE 34 NORTH AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (USD THOUSAND) 61

TABLE 35 NORTH AMERICA TRIVALENT CHROMIUM FINISHINGMARKET, BY COUNTRY, 2020-2027 (TONS) 61

TABLE 36 NORTH AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 61

TABLE 37 NORTH AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 62

TABLE 38 NORTH AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 62

TABLE 39 NORTH AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 63

TABLE 40 US TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 64

TABLE 41 US TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 64

TABLE 42 US TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 65

TABLE 43 US TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 65

TABLE 44 CANADA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 66

TABLE 45 CANADA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 66

TABLE 46 CANADA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 67

TABLE 47 CANADA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 67

TABLE 48 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (USD THOUSAND) 68

TABLE 49 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (TONS) 68

TABLE 50 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 69

TABLE 51 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 69

TABLE 52 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 70

TABLE 53 EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 70

TABLE 54 GERMANY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 71

TABLE 55 GERMANY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 71

TABLE 56 GERMANY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 72

TABLE 57 GERMANY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 72

TABLE 58 FRANCE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 73

TABLE 59 FRANCE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 73

TABLE 60 FRANCE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 74

TABLE 61 FRANCE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 74

TABLE 62 RUSSIA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 75

TABLE 63 RUSSIA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 75

TABLE 64 RUSSIA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 76

TABLE 65 RUSSIA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 76

TABLE 66 UK TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 77

TABLE 67 UK TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 77

TABLE 68 UK TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 78

TABLE 69 UK TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 78

TABLE 70 SPAIN TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 79

TABLE 71 SPAIN TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 79

TABLE 72 SPAIN TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 80

TABLE 73 SPAIN TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 80

TABLE 74 ITALY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 81

TABLE 75 ITALY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 81

TABLE 76 ITALY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 82

TABLE 77 ITALY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 82

TABLE 78 POLAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 83

TABLE 79 POLAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 83

TABLE 80 POLAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 84

TABLE 81 POLAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 84

TABLE 82 REST OF EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 85

TABLE 83 REST OF EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 85

TABLE 84 REST OF EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 86

TABLE 85 REST OF EUROPE TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 86

TABLE 86 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (USD THOUSAND) 87

TABLE 87 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (TONS) 87

TABLE 88 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 88

TABLE 89 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 88

TABLE 90 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 89

TABLE 91 ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 89

TABLE 92 CHINA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 90

TABLE 93 CHINA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 90

TABLE 94 CHINA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 91

TABLE 95 CHINA TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 91

TABLE 96 JAPAN TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 92

TABLE 97 JAPAN TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 92

TABLE 98 JAPAN TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 93

TABLE 99 JAPAN TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 93

TABLE 100 INDIA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 94

TABLE 101 INDIA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 94

TABLE 102 INDIA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 95

TABLE 103 INDIA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 95

TABLE 104 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 96

TABLE 105 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 96

TABLE 106 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 97

TABLE 107 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 97

TABLE 108 AUSTRALIA & NEW ZEALAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 98

TABLE 109 AUSTRALIA & NEW ZEALAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 98

TABLE 110 AUSTRALIA & NEW ZEALAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 99

TABLE 111 AUSTRALIA & NEW ZEALAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 99

TABLE 112 THAILAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 100

TABLE 113 THAILAND TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 100

TABLE 114 THAILAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 101

TABLE 115 THAILAND TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 101

TABLE 116 REST OF ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 102

TABLE 117 REST OF ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 102

TABLE 118 REST OF ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 103

TABLE 119 REST OF ASIA PACIFIC TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 103

TABLE 120 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (USD THOUSAND) 104

TABLE 121 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (TONS) 104

TABLE 122 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 105

TABLE 123 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 105

TABLE 124 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 106

TABLE 125 LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 106

TABLE 126 MEXICO TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 107

TABLE 127 MEXICO TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 107

TABLE 128 MEXICO TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 108

TABLE 129 MEXICO TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 108

TABLE 130 BRAZIL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 109

TABLE 131 BRAZIL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 109

TABLE 132 BRAZIL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 110

TABLE 133 BRAZIL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 110

TABLE 134 ARGENTINA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 111

TABLE 135 ARGENTINA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 111

TABLE 136 ARGENTINA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 112

TABLE 137 ARGENTINA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 112

TABLE 138 REST OF LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 113

TABLE 139 REST OF LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 113

TABLE 140 REST OF LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 114

TABLE 141 REST OF LATIN AMERICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 114

TABLE 142 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (USD THOUSAND) 115

TABLE 143 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY COUNTRY, 2020-2027 (TONS) 115

TABLE 144 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 116

TABLE 145 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 116

TABLE 146 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 117

TABLE 147 THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 117

TABLE 148 TURKEY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 118

TABLE 149 TURKEY TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 118

TABLE 150 TURKEY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 119

TABLE 151 TURKEY TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 119

TABLE 152 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 120

TABLE 153 SOUTH KOREA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 120

TABLE 154 SOUTH KOREA TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 121

TABLE 155 SOUTH KOREA TRIVALENT CHROMIUM FINISHINGMARKET, BY APPLICATION, 2020-2027 (TONS) 121

TABLE 156 GCC COUNTRIES TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 122

TABLE 157 GCC COUNTRIES TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 122

TABLE 158 GCC COUNTRIES TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 123

TABLE 159 GCC COUNTRIES TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 123

TABLE 160 EGYPT TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 124

TABLE 161 EGYPT. TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 124

TABLE 162 EGYPT TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 125

TABLE 163 EGYPT TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 125

TABLE 164 REST OF THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 126

TABLE 165 REST OF THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 126

TABLE 166 REST OF THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 127

TABLE 167 REST OF THE MIDDLE EAST AND AFRICA TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 127

TABLE 168 KEY DEVELOPMENT ANALYSIS 129


14 List Of Figures

FIGURE 1 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET: MARKET STRUCTURE 19

FIGURE 2 KEY TAKEAWAYS OF THE GLOBAL TRIVALENT CHROMIUM FINISHING MARKET 19

FIGURE 3 NORTH AMERICA: MARKET SIZE AND MARKET SHARE, BY COUNTRY (2020 VS 2027) 21

FIGURE 4 EUROPE: MARKET SIZE AND MARKET SHARE, BY COUNTRY (2020 VS 2027) 21

FIGURE 5 ASIA-PACIFIC: MARKET SIZE AND MARKET SHARE, BY COUNTRY (2020 VS 2027) 22

FIGURE 6 LATIN AMERICA: MARKET SIZE AND MARKET SHARE, BY COUNTRY (2020 VS 2027) 22

FIGURE 7 MIDDLE EAST & AFRICA: MARKET SIZE AND MARKET SHARE, BY COUNTRY (2020 VS 2025) 23

FIGURE 8 TRIVALENT CHROMIUM FINISHING MARKET, BY REGION, 2020 23

FIGURE 9 RESEARCH PROCESS OF MRFR 25

FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 27

FIGURE 11 MARKET DYNAMICS OVERVIEW 30

FIGURE 12 GLOBAL AUTOMOTIVE PRODUCTION (2015—2022) 32

FIGURE 13 DRIVERS IMPACT ANALYSIS 32

FIGURE 14 RESTRAINTS IMPACT ANALYSIS 33

FIGURE 15 SUPPLY CHAIN ANALYSIS 36

FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL TRIVALENT CHROMIUM FINISHING MARKET 37

FIGURE 17 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (USD THOUSAND) 43

FIGURE 18 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY TYPE, 2020-2027 (TONS) 44

FIGURE 19 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (USD THOUSAND) 49

FIGURE 20 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET, BY APPLICATION, 2020-2027 (TONS) 50

FIGURE 21 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET BY REGION, 2020 (VALUE%) 57

FIGURE 22 GLOBAL TRIVALENT CHROMIUM FINISHING MARKET BY REGION, 2020-2027 (TONS) 58

Global Trivalent Chromium Finishing Market: Competitive Landscape


The major players operating in the global Trivalent Chromium Finishing are MacDermid, Inc., Atotech, Chem Processing, Inc., Ronatec C2C, Inc., Midland Polishing & Plating Ltd, ASTERION, LLC, Electro Chemical Finishing, CHEMEON Surface Technology, LLC, Master Finish Company, and Three J's Industries, Inc.


MacDermid, Inc, Atotech, CHEMEON Surface Technology, LLC; Midland Polishing & Plating Ltd, and Chem Processing, Inc. are the manufacturing companies which collectively account for the majority share of the global trivalent chromium finishing market. The market is concentrated and comprises of players which are operational in the US, Germany, and the UK. The players operating in the market are emphasizing on product launches, distribution agreements, and expansion to gain maximum revenue. There is a growing demand from various end-use industries such as aerospace, military/defence, automotive, medical, architectural, marine, electronics, and heavy equipment among others. There is a strong competition among the players in the US due to presence of large number of companies providing trivalent chromium finishing in the country.


In November 2017, MacDermid Enthone subsidiary of MacDermid, Inc, had launched its newest REACH compliant trivalent chromium plating process, TriMac ECLIPSE. It deposits a dark decorative chromium layer and resists attack from calcium chloride containing salts. It meets local environmental standards and air treatment requirements, along with the associated monitoring time.


In May 2017, Atotech launched its first trivalent chromium hard chrome plating process BluCr. It is a favourable alternative to carcinogenic hexavalent hard chrome plating. It is boric-acid free and offers same properties as of Cr (VI) coatings. It also offers excellent chloride resistance and complies with the REACH regulations. This process helps the company to expand its product portfolio in platings industry.


In May 2018, CHEMEON announced a new international distribution partnership with Metron Specialty Chemical of India, Daewon Innovation Ltd. of South Korea, Elite Surface Finishing in Australia, and FirstKem in the U.S.  Additionally, the products were made available online too. This development helps the company to expand its global footprint and gain long-term growth. Furthermore, its international position strengthened by joining with PartsBase, which distributes its products across the globe.


Midland Polishing & Plating Ltd focuses in ensuring highest quality of products and standards of service. Furthermore, it constantly focuses on innovating and accepting revolution in technologies. Additionally, the company always strives in providing long-term relationship with customers by catering their needs with full services of consultation and technical solutions.


Chem Processing, Inc. (CPI), an ISO/AS and NADCAP certified company is known for its comprehensive metal finishing capabilities. The company specializes in engineering, corrosion resistant finishes, including zinc plating, electroless nickel plating, dry film lubricants, fluoropolymer coatings, cadmium plating, silver plating, among others. Under zinc plating segment, the company provides trivalent chromium seals. The quality metal finishing serves various industries such as aerospace, automotive, agriculture, defense, and medical among others.