Trivalent Chromium Finishing Market trends research
and projections for 2019-2025: Global Market Insights
Inc.
According to new Global Market Insights, Inc, chemical research report Trivalent
Chromium Finishing Market size is growing at a significant rate to 2025 due to strict
enforcement of various regulations to implement use of trivalent chromium finishing as
a replacement for hexavalent chromium finishing. It reduces the environmental and
health concerns which are otherwise linked with hexavalent chrome finishing. Trivalent
chromium finishing has good throwing power which allows for more uniform deposit
thicknesses on the finishing product and thus resulting in improving the efficiency of
metals and non-metal finishing operations.
Growing automotive industry mainly in China and India owing to growing consumer
spending power and easy loan approvals will in turn drive trivalent chromium finishing
market size. According to end of life vehicles directive, automobile component
manufacturers are mandated to use trivalent chromium finishing as it provides
protection to the components in the longer run. Furthermore, increasing focus on
maintenance in the hydraulic industry, where trivalent chromium offers excellent
abrasive resistance is anticipated to drive the product demand in the coming years.
Growing infrastructural boom in Asia Pacific mainly in India, Indonesia and China will
further boost the trivalent chrome finished coating demand for architectural
components, which will help attain promising gains to the overall trivalent chromium
finishing market size in the upcoming years.
Huge investment linked with setting up of trivalent chromium finishing facility is
probable to hinder the market growth in the near future. However, increasing
regulations against the use of hexavalent chromium finishing will generate ample
growth opportunities for trivalent chromium finishing market size in the coming years.
Based on system, the trivalent chromium finishing market is segmented into
passivation, plating and conversion coatings. Chromium plating usually referred to as
chrome, is a procedure of electroplating thin layer of chromium onto a metal object.
The chromium layer can increase surface hardness, ease of cleaning procedure or
provide corrosion resistance.
Based on application, the trivalent chromium finishing market is segmented into
decorative or functional. The decorative application provides various types of shades,
which has positive impact on the product differentiation. The use of trivalent chromium
finishing in decorative application improves the look of components by providing
glossy surfaces and resistance to corrosion.
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