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
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
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 271 Million |
| CAGR | 5.80% CAGR (2020-2027) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, End-Use Industry and Region. |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | 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.). |
| Key Market Opportunities | Strategic market evolution, value chain optimization, trade regulations, product launches, area marketplace expanding, and technological innovations. |
| Key Market Drivers | Growing demand in the automotive industry is boosting market growth. |
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.
Industry News:
May 2019 –Trion Coatings, a global market player which offers sustainable solutions in the surface coatings industry, announced a strategic partnership with KCH Services to deploy its new environmentally friendly chrome plating technology: Safe Chrome, using trivalent chromium and a proprietary ionic liquid solution to offer enhanced electroplating speeds and wear resistance and superior performance results than hexavalent chrome.
February 2019 – Cardinal Plating Solutions, a global market player in the plating industry, installed a full-scale, production-ready functional trivalent chrome line.
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.