South Korea Chrome Plating Market Size, Share, and COVID-19 Impact Analysis, By Type (Hard Chrome Plating, and Decorative Chrome Plating), By Application (Automotive, Aerospace Defense, Metal Finishing, and Others), and South Korea Chrome Plating Market Insights, Industry Trend, Forecasts to 2035

South Korea Chrome Plating Market Insights Forecasts to 2035

• The South Korea Chrome Plating Market Size was estimated at USD 834.2 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.91% from 2025 to 2035
• The South Korea Chrome Plating Market Size is Expected to Reach USD 1568.7 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, The South Korea Chrome Plating Market Size is anticipated to Reach USD 1568.7 Million by 2035, Growing at a CAGR of 5.91% from 2025 to 2035. Strong demand from the automotive industry, particularly for components that are aesthetically pleasing and resistant to corrosion, is a key motivator, bolstered by South Korea's robust vehicle manufacturing base.

Market Overview

The South Korea Chrome Plating Market Size refers to the domestic sector that applies chromium coatings to metal and plastic surfaces to improve corrosion resistance, surface hardness, wear resistance, and aesthetic appeal is known as the South Korea Chrome Plating Market. Additionally, a number of market factors are contributing to the significant growth of the chrome plating industry in South Korea. The country's thriving automotive industry is the main factor influencing the need for chrome plating to increase the corrosion resistance and visual appeal of vehicle components. In addition, the need for chromium plating services has increased as a result of the increased focus on creating long-lasting and superior finishes for appliances and electronics. By promoting the use of innovative materials and processes, the South Korean government's programs to advance advanced manufacturing technologies also help this market. There are many different avenues for investigation in the South Korean chromium plating industry.

Report Coverage

This research report categorizes the market for the South Korea chrome plating market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea chrome plating market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea chrome plating market.

Driving Factors

New advancements in chrome plating techniques are driving the South Korean chrome plating market industry forward by boosting sustainability and production.  Techniques like hard chrome plating and eco-friendly processes are growing in popularity. Over the past five years, the Korean Institute of Industrial Technology has reported a 20% increase in the use of advanced plating techniques, which extend product life and lessen environmental impact. The market for chrome plating is expected to grow as a result of manufacturers' efforts to deliver high-quality products while adhering to strict environmental regulations.

Restraining Factors

In South Korea, there are strict regulations on the use of hexavalent chromium, a poisonous and cancer-causing material. Operating complexity is rising as a result of businesses being forced to use more expensive, environmentally friendly substitutes like trivalent chromium due to stricter environmental regulations.

Market Segmentation

The South Korea chrome plating market share is classified into type and application.

• The hard chrome plating segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea chrome plating market is segmented by type into hard chrome plating and decorative chrome plating.  Among these, the hard chrome plating segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Hard chrome plating is important because of its exceptional wear resistance and durability, which make it a great option for parts that are exposed to harsh environments, like those in the automotive and aerospace industries. The demand for hard chrome plating is driven by the growing emphasis on improving the durability and functionality of industrial parts, which has significantly advanced South Korean manufacturing technologies.

• The automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea chrome plating market is segmented by application into automotive, aerospace defense, metal finishing, and others. Among these, the automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The automotive industry is noteworthy because it improves corrosion resistance and aesthetic appeal, which adds to the longevity and visual appeal of automobiles.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea chrome plating market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Dongwoo Surface Tech Co., Ltd.
• Samkwang Plating Co., Ltd.
• Yujin Plating Co., Ltd.
• Iljin Materials Co., Ltd.
• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Chrome Plating Market based on the below-mentioned segments:

South Korea Chrome Plating Market, By Type

• Hard Chrome Plating
• Decorative Chrome Plating

South Korea Chrome Plating Market, By Application

• Automotive
• Aerospace Defense
• Metal Finishing
• Others