| Product Code: ETC276625 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the chrome plating market experienced a decline from 2023 to 2024, with a growth rate of -2.79%. The compound annual growth rate (CAGR) for the period 2020-2024 was -4.61%. This decline could be attributed to shifts in demand, possibly influenced by changing market dynamics or competitive pressures within the industry.
The Thailand Chrome Plating Market is experiencing growth due to the expanding automotive and manufacturing sectors. Chrome plating is widely used in the automotive industry for enhancing the aesthetics and corrosion resistance of vehicle components. The market is also witnessing demand from the consumer goods sector, as chrome-plated products are popular among consumers.
The Thailand Chrome Plating market has witnessed steady growth owing to several key drivers. Firstly, the automotive and motorcycle manufacturing sectors have been pivotal in driving demand for chrome-plated parts and accessories. Chrome plating not only enhances the aesthetic appeal of vehicles but also provides corrosion resistance and durability. The country`s vibrant tourism industry, which includes hotels and restaurants, has also driven the demand for chrome-plated furnishings and fixtures. Additionally, the growth of the electronics and appliances manufacturing sector has increased the need for chrome plating on various components. Strict environmental regulations and advancements in eco-friendly chrome plating processes have also played a role in sustaining market growth by addressing environmental concerns associated with traditional chrome plating methods.
The Thailand Chrome Plating market encounters environmental challenges due to the hazardous chemicals involved in the plating process. Stricter regulations on hazardous waste disposal and emissions can lead to compliance costs and operational challenges for plating facilities. Additionally, competition from alternative coating technologies and the growth of eco-friendly options pose a threat to the market.
The Thailand Chrome Plating market confronted several challenges during the COVID-19 pandemic. As automotive production slowed down due to lockdowns and reduced consumer spending, the demand for chrome-plated automotive parts declined. Furthermore, the pandemic disrupted the supply chain of chrome-plating chemicals and materials, leading to production delays. The market`s recovery was gradual, driven by the resumption of automotive production and increased adoption of chrome-plated materials in various industrial applications.
In the Thailand Chrome Plating market, leaders such as ChromeTech Co. and ShinySurfaces Ltd. have maintained their supremacy. ChromeTech Co. is renowned for its expertise in decorative chrome plating for automotive and consumer goods, offering impeccable finishes. ShinySurfaces Ltd., on the other hand, focuses on industrial chrome plating for machinery and equipment, known for its durability and corrosion resistance. Both companies prioritize environmental sustainability in their processes, aligning with market trends.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Chrome Plating Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chrome Plating Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Chrome Plating Market - Industry Life Cycle |
3.4 Thailand Chrome Plating Market - Porter's Five Forces |
3.5 Thailand Chrome Plating Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Chrome Plating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Chrome Plating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Thailand, as chrome plating is commonly used for car parts and accessories. |
4.2.2 Increasing demand for aesthetically appealing products in sectors like interior design, furniture, and electronics. |
4.2.3 Technological advancements in chrome plating processes leading to improved efficiency and quality. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as chromium, impacting production costs. |
4.3.2 Environmental regulations and concerns related to the use of chemicals in the chrome plating process. |
4.3.3 Competition from alternative surface treatment methods like powder coating or electroplating. |
5 Thailand Chrome Plating Market Trends |
6 Thailand Chrome Plating Market, By Types |
6.1 Thailand Chrome Plating Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chrome Plating Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Chrome Plating Market Revenues & Volume, By Hard Chrome Plating, 2021-2031F |
6.1.4 Thailand Chrome Plating Market Revenues & Volume, By Decorative Chrome Plating, 2021-2031F |
6.2 Thailand Chrome Plating Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chrome Plating Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Chrome Plating Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.4 Thailand Chrome Plating Market Revenues & Volume, By Metal Finishing, 2021-2031F |
7 Thailand Chrome Plating Market Import-Export Trade Statistics |
7.1 Thailand Chrome Plating Market Export to Major Countries |
7.2 Thailand Chrome Plating Market Imports from Major Countries |
8 Thailand Chrome Plating Market Key Performance Indicators |
8.1 Percentage of repeat customers, indicating customer satisfaction and loyalty. |
8.2 Average turnaround time for chrome plating services, reflecting operational efficiency. |
8.3 Rate of adoption of eco-friendly chrome plating technologies, demonstrating an alignment with environmental regulations and market trends. |
9 Thailand Chrome Plating Market - Opportunity Assessment |
9.1 Thailand Chrome Plating Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Chrome Plating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Chrome Plating Market - Competitive Landscape |
10.1 Thailand Chrome Plating Market Revenue Share, By Companies, 2024 |
10.2 Thailand Chrome Plating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |