Automotive Chromium - Global Market Trajectory & Analytics

Global Automotive Chromium Market to Reach $2.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Automotive Chromium estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 5.6% over the period 2020-2027. Decorative Plating, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Functional Plating segment is readjusted to a revised 6.2% CAGR for the next 7-year period.



The U.S. Market is Estimated at $493.8 Million, While China is Forecast to Grow at 9.1% CAGR

The Automotive Chromium market in the U.S. is estimated at US$493.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$585 Million by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 40 Featured):

• African Electroplating
• Allied Finishing, Inc
• American Electroplating Company
• Atotech Deutschland GmbH
• Borough Ltd
• Chem Processing Inc.
• Chromium, Inc
• Customchrome Plating Inc
• Kakihara Industries Co., Ltd.
• Macdermid Enthone Inc.