Chrome Plating Market Share 2022, Global Industry Demand, Top Players, Industry Size, Future Growth by 2030
Market Forecast The global Chrome Plating Market Share is expected to exhibit a CAGR of over 4.0% to reach a value of around USD 21.73 billion by the end of the forecast period. Chrome plating is an electroplating process that provides a protective coating and shiny luster on metal parts and products when appliedto it.The chrome plating process are used inconsumer goods, production, andmanufacturing industries, such asautomotive components, machinery parts, and others. Chrome plating is segmented into two types- decorative chrome plating and hard chrome plating. The difference between hard chrome and decorative chrome platingis the thickness of the plating. Decorative chrome finishes are thinner than hard chrome plating and is used in many industrial applications for its strength, wear resistance, corrosion resistance, and other beneficial properties. Regulatory Framework ASTM B-556 is an American Society for Testing and Materials (ASTM) standards framework for thin chromiu