
The report intelligence on global automotive chrome accessories reveals that during the course of assessment i.e. 2017-2022, the global automotive chrome accessories market revenue will see passive growth at below 3% CAGR. The roughly US$ 8 Bn automotive chrome accessories market is poised to face a longstanding challenging scenario through 2022 and ahead, prominently owing to scarce chrome ore supply and health concerns regarding the use of hexavalent chromium in plating. A majority of automakers and players competing in the global automotive chrome accessories are thus strategizing a shift towards a wide range of available alternatives to chrome plating such as plating with nickel and nickel alloys, media-blasting, bare metal and powder coating, ABS plastic, and decorative plating. However, some leading automobile manufacturers are still innovating the use of automotive chrome accessories in their recent and upcoming launches - the latest example of this innovation includes Mahindra's Marazzo.