Chrome plating is a technique of electroplating a thin layer of chromium on any metal object for decoration, corrosion resistance, cleaning procedures, and or to increase surface hardness. Chrome plating process comprises of degreasing to remove heavy soiling, manual cleaning to remove all residual traces of dirt and surface impurities, application of various pre-treatments depending on the substrate, chrome metal is allowed to warm to solution temperature for any application at a required time to attain desired thickness. The chrome plating process is a very toxic procedure and disposal of used chemicals is regulated to avoid environment pollution. Chrome plated metal powder market has varied applications in aerospace, electronics, welding material and alloys. Aerospace is the largest consumer of chrome plated metal powder. Electronics and welding segment is expected to grow due to improved lifestyles and increase in the disposable incomes of the Asian population in both developed and developing economies. The electronics segment is the major users of chrome plated metal powder and is expected to witness the highest growth over the next few years.
According to the research report “Asia Chrome Plated Metal Powder Industry Situation and Prospects Research Report”, it was observed that there is an intense competition in the chrome plated metal powder market due to the presence of large number vendors. Mergers, acquisitions, investments, and expansions are the major strategies adopted by vendors to ensure growth in the chrome plated metal powder market. The leading vendors in Asia’s chrome plated metal powder market are DELACHAUX Group, EXO Tech, POLEMA, GFE, MidUral Group, Global Metal Powders, Bell Group, Kohsei, Hascor, TRITRUST INDUSTRIAL, Loudishi Dajin Xincailiao, Zegen Metals&Chemicals Limited, Jayesh Group, Shanghai CNPC Powder Material, Jinzhou New Century Quartz and Jayu Optical Material. Metal chromium powder and electrolytic chromium powder are the two variants available in the chrome plated metal powder market. Geographically, Asia’s chrome plated metal powder market is spread across China, Japan, India, Korea, Saudi Arabia and other regions.
Chrome plated metal powder market is highly matured in Asia due to increasing disposable incomes, increasing consumption and demand for value-added sustainable products. It was observed that there is a growing demand for sustainable products, innovative production and advanced manufacturing technologies due to the need for reducing the environmental impact of the metal industry. The increase in demand for powder metallurgy manufactured components will witness a steady growth in Asia chrome plated metal powder market over the next few years.
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Ankur Gupta, Head Marketing & Communications