According to a market report by Lucintel, the future of the global automotive chromium market looks promising with opportunities in the two wheeler, passenger vehicle, commercial vehicle markets. The global automotive chromium market is expected to reach an estimated $2 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing popularity of chrome, growing demand for passenegr cars, and rising demand for decorative plating in the automotive sector.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in automotive chromium market to 2030 by application
(decorative plating and functional plating), end use (two wheelers, passenger
vehicles, and commercial vehicles), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
In this market, decorative plating and functional plating are the major
segments of automotive chromium market by application. Lucintel forecasts that
decorative platting will remain the larger segment over the forecast period due
to its abrasion and stain resistance properties.
Within this market, passenger vehicle is expected to witness the highest
growth due to easy availability of credit facilities.
Download sample by clicking on automotive
chromium market.
APAC will remain the largest region over the forecast period due to
increasing automotive vehicle production and presence of major OEMs in the
region.
Macdermid Enthone, Kakihara Industries, Sarrel, MVC Holdings, and BASF SE
are the major suppliers in the automotive chromium market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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