Market Overview:
The global trivalent chromium passivation market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for trivalent chromium passivation in various end-use industries, such as industrial, machinery manufacturing, construction, automotive, oil and gas, aerospace and others. In terms of type, the aluminum material base segment is projected to lead the global trivalent chromium passivation market during the forecast period. This growth can be attributed to the growing demand for aluminum alloys in various end-use industries across different regions.
Product Definition:
The trivalent chromium passivation process is used to protect stainless steel from corrosion. The chromium in the steel reacts with oxygen in the air to form a thin, protective layer of Cr2O3. This layer protects the steel from rusting and corroding.
Aluminum Material Base:
Aluminum Material Base is a high-grade aluminum base used in the production of trivalent chromium passivation films. It helps to increase the hardness and improve surface finish of the film. Aluminum Material Base has better mechanical properties than stainless steel, which makes it suitable for use as an alternative to stainless steel in applications where corrosion resistance is required.
Increasing demand from end-use industries such as automotive, aerospace & defense.
Zinc Material Base:
Zinc Material Base is a high-performance, cost-effective solution for protecting trivalent chromium surfaces. It has been used in the production of automotive parts and other industrial applications. The material is considered as an alternative to phosphorous acid for passivation of trivalent chrome plating solutions on steel and aluminum alloys.
Application Insights:
The industrial application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The increasing demand for steel from various industries including construction, automotive, machinery manufacturing and oil & gas is expected to drive the product consumption in industrial applications over the next few years.
The industry has witnessed a paradigm shift due to rising environmental concerns regarding waste discharge from mills. Effluent treatment plants (ETP) are being constructed at an alarming rate across all major economies of the world owing to which there has been a rise in demand for chromium-based Passivators that are used as anti-corrosionants during wastewater treatment processes. This factor is anticipated to have a positive impact on market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The presence of key chromium producing countries such as India, China, and Japan coupled with increasing demand from end-use industries such as automotive, industrial machinery manufacturing, construction materials is anticipated to drive the regional market growth.
The growing aerospace industry in Asia Pacific owing to rising passenger traffic and rapid economic development has led to an increased demand for aircraft parts manufactured using chromium metal passivated base materials. In addition, favorable regulations aimed at promoting domestic manufacturing output by reducing import dependency are expected to further propel product consumption over the forecast period.
North America emerged as a significant consumer of trivalent chromium passivation products on account of high production levels attained by key manufacturers in U.S.
Growth Factors:
- Increasing demand for semiconductor devices and components
- Growing number of electronics manufacturing companies in the region
- Rising need for miniaturization and higher density in electronic devices
- Proliferation of smart technologies and Internet of Things (IoT)
- Increasing penetration of passivation films in various applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Trivalent Chromium Passivation Market Research Report
By Type
Aluminum Material Base, Zinc Material Base, Steel Material Base, Copper Material Base, Magnesium Material Base, Other
By Application
Industrial, Machinery Manufacturing, Construction, Automotive, Oil and Gas, Aerospace, Other
By Companies
Electro Chemical Finishing, Master Finish, MacDermid Incorporated, Atotech Deutschland GmbH, Sarrel Group, Chem Processing, Kakihara Industries, Ronatec C2C, Asterion, Midland Polishing and Plating, Poeton Industries, Columbia Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Trivalent Chromium Passivation Market Report Segments:
The global Trivalent Chromium Passivation market is segmented on the basis of:
Types
Aluminum Material Base, Zinc Material Base, Steel Material Base, Copper Material Base, Magnesium Material Base, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Machinery Manufacturing, Construction, Automotive, Oil and Gas, Aerospace, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Electro Chemical Finishing
- Master Finish
- MacDermid Incorporated
- Atotech Deutschland GmbH
- Sarrel Group
- Chem Processing
- Kakihara Industries
- Ronatec C2C
- Asterion
- Midland Polishing and Plating
- Poeton Industries
- Columbia Chemical
Highlights of The Trivalent Chromium Passivation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Material Base
- Zinc Material Base
- Steel Material Base
- Copper Material Base
- Magnesium Material Base
- Other
- By Application:
- Industrial
- Machinery Manufacturing
- Construction
- Automotive
- Oil and Gas
- Aerospace
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Trivalent Chromium Passivation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Trivalent chromium passivation is a process that coats the surface of a metal with an oxide film to protect it from corrosion.
Some of the key players operating in the trivalent chromium passivation market are Electro Chemical Finishing, Master Finish, MacDermid Incorporated, Atotech Deutschland GmbH, Sarrel Group, Chem Processing, Kakihara Industries, Ronatec C2C, Asterion, Midland Polishing and Plating, Poeton Industries, Columbia Chemical.
The trivalent chromium passivation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Trivalent Chromium Passivation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Trivalent Chromium Passivation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trivalent Chromium Passivation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Trivalent Chromium Passivation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Trivalent Chromium Passivation Market Size & Forecast, 2018-2028
4.5.1 Trivalent Chromium Passivation Market Size and Y-o-Y Growth
4.5.2 Trivalent Chromium Passivation Market Absolute $ Opportunity
Chapter 5 Global Trivalent Chromium Passivation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Trivalent Chromium Passivation Market Size Forecast by Type
5.2.1 Aluminum Material Base
5.2.2 Zinc Material Base
5.2.3 Steel Material Base
5.2.4 Copper Material Base
5.2.5 Magnesium Material Base
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Trivalent Chromium Passivation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Trivalent Chromium Passivation Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Machinery Manufacturing
6.2.3 Construction
6.2.4 Automotive
6.2.5 Oil and Gas
6.2.6 Aerospace
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trivalent Chromium Passivation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Trivalent Chromium Passivation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Trivalent Chromium Passivation Analysis and Forecast
9.1 Introduction
9.2 North America Trivalent Chromium Passivation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Trivalent Chromium Passivation Market Size Forecast by Type
9.6.1 Aluminum Material Base
9.6.2 Zinc Material Base
9.6.3 Steel Material Base
9.6.4 Copper Material Base
9.6.5 Magnesium Material Base
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Trivalent Chromium Passivation Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Machinery Manufacturing
9.10.3 Construction
9.10.4 Automotive
9.10.5 Oil and Gas
9.10.6 Aerospace
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Trivalent Chromium Passivation Analysis and Forecast
10.1 Introduction
10.2 Europe Trivalent Chromium Passivation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Trivalent Chromium Passivation Market Size Forecast by Type
10.6.1 Aluminum Material Base
10.6.2 Zinc Material Base
10.6.3 Steel Material Base
10.6.4 Copper Material Base
10.6.5 Magnesium Material Base
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Trivalent Chromium Passivation Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Machinery Manufacturing
10.10.3 Construction
10.10.4 Automotive
10.10.5 Oil and Gas
10.10.6 Aerospace
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Trivalent Chromium Passivation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Trivalent Chromium Passivation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Trivalent Chromium Passivation Market Size Forecast by Type
11.6.1 Aluminum Material Base
11.6.2 Zinc Material Base
11.6.3 Steel Material Base
11.6.4 Copper Material Base
11.6.5 Magnesium Material Base
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Trivalent Chromium Passivation Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Machinery Manufacturing
11.10.3 Construction
11.10.4 Automotive
11.10.5 Oil and Gas
11.10.6 Aerospace
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Trivalent Chromium Passivation Analysis and Forecast
12.1 Introduction
12.2 Latin America Trivalent Chromium Passivation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Trivalent Chromium Passivation Market Size Forecast by Type
12.6.1 Aluminum Material Base
12.6.2 Zinc Material Base
12.6.3 Steel Material Base
12.6.4 Copper Material Base
12.6.5 Magnesium Material Base
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Trivalent Chromium Passivation Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Machinery Manufacturing
12.10.3 Construction
12.10.4 Automotive
12.10.5 Oil and Gas
12.10.6 Aerospace
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Trivalent Chromium Passivation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Trivalent Chromium Passivation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Trivalent Chromium Passivation Market Size Forecast by Type
13.6.1 Aluminum Material Base
13.6.2 Zinc Material Base
13.6.3 Steel Material Base
13.6.4 Copper Material Base
13.6.5 Magnesium Material Base
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Trivalent Chromium Passivation Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Machinery Manufacturing
13.10.3 Construction
13.10.4 Automotive
13.10.5 Oil and Gas
13.10.6 Aerospace
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Trivalent Chromium Passivation Market: Competitive Dashboard
14.2 Global Trivalent Chromium Passivation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Electro Chemical Finishing
14.3.2 Master Finish
14.3.3 MacDermid Incorporated
14.3.4 Atotech Deutschland GmbH
14.3.5 Sarrel Group
14.3.6 Chem Processing
14.3.7 Kakihara Industries
14.3.8 Ronatec C2C
14.3.9 Asterion
14.3.10 Midland Polishing and Plating
14.3.11 Poeton Industries
14.3.12 Columbia Chemical
