Chromic Acid Industry Research Report 2024

Chromic Acid Industry Research Report 2024


Chromic Acid (H2CrO4)is hygroscopic and a strong oxidizer easily dissolves in water. It is widely used in industries like metal coating, wood preservation and manufacturing of magnetic tape and organic chemicals.

Chromium trioxide(CrO3) is the anhydride of chromic acid. It is a red solid piece at room temperature. It can precipitate by adding sulfuric acid in chromate or dichromate solution. Therefore it is also known as “chromic acid”. In this report, we choose the Chromium trioxide with purity ≥99% to calculate the quantity of Chromic Acid.

According to APO Research, The global Chromic Acid market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

China is the largest Chromic Acid market with about 50% market share. Europe is follower, accounting for about 25% market share.

The key players are LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals, Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Chromic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chromic Acid.

The report will help the Chromic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Chromic Acid market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Chromic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

LANXESS South Africa
Soda Sanayii
Elementis
MidUral Group
Novotroitsk Plant of Chromium Compounds
Hunter Chemical
Atotech Deutschland
Vishnu Chemicals
Chongqing Minfeng Chemical
Sichuan Yinhe Chemical
Huangshi Zhenhua Chemical

Chromic Acid segment by Type
Excellent Grade
First Grade
Qualified

Chromic Acid segment by Application
Wood Preservation
Metal Planting
Others

Chromic Acid Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Chromic Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Chromic Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Chromic Acid.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Chromic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Chromic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Chromic Acid by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Excellent Grade
2.2.3 First Grade
2.2.4 Qualified
2.3 Chromic Acid by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Wood Preservation
2.3.3 Metal Planting
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Chromic Acid Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Chromic Acid Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Chromic Acid Production Estimates and Forecasts (2019-2030)
2.4.4 Global Chromic Acid Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Chromic Acid Production by Manufacturers (2019-2024)
3.2 Global Chromic Acid Production Value by Manufacturers (2019-2024)
3.3 Global Chromic Acid Average Price by Manufacturers (2019-2024)
3.4 Global Chromic Acid Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Chromic Acid Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Chromic Acid Manufacturers, Product Type & Application
3.7 Global Chromic Acid Manufacturers, Date of Enter into This Industry
3.8 Global Chromic Acid Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 LANXESS South Africa
4.1.1 LANXESS South Africa Chromic Acid Company Information
4.1.2 LANXESS South Africa Chromic Acid Business Overview
4.1.3 LANXESS South Africa Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 LANXESS South Africa Product Portfolio
4.1.5 LANXESS South Africa Recent Developments
4.2 Soda Sanayii
4.2.1 Soda Sanayii Chromic Acid Company Information
4.2.2 Soda Sanayii Chromic Acid Business Overview
4.2.3 Soda Sanayii Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Soda Sanayii Product Portfolio
4.2.5 Soda Sanayii Recent Developments
4.3 Elementis
4.3.1 Elementis Chromic Acid Company Information
4.3.2 Elementis Chromic Acid Business Overview
4.3.3 Elementis Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Elementis Product Portfolio
4.3.5 Elementis Recent Developments
4.4 MidUral Group
4.4.1 MidUral Group Chromic Acid Company Information
4.4.2 MidUral Group Chromic Acid Business Overview
4.4.3 MidUral Group Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 MidUral Group Product Portfolio
4.4.5 MidUral Group Recent Developments
4.5 Novotroitsk Plant of Chromium Compounds
4.5.1 Novotroitsk Plant of Chromium Compounds Chromic Acid Company Information
4.5.2 Novotroitsk Plant of Chromium Compounds Chromic Acid Business Overview
4.5.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Novotroitsk Plant of Chromium Compounds Product Portfolio
4.5.5 Novotroitsk Plant of Chromium Compounds Recent Developments
4.6 Hunter Chemical
4.6.1 Hunter Chemical Chromic Acid Company Information
4.6.2 Hunter Chemical Chromic Acid Business Overview
4.6.3 Hunter Chemical Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Hunter Chemical Product Portfolio
4.6.5 Hunter Chemical Recent Developments
4.7 Atotech Deutschland
4.7.1 Atotech Deutschland Chromic Acid Company Information
4.7.2 Atotech Deutschland Chromic Acid Business Overview
4.7.3 Atotech Deutschland Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Atotech Deutschland Product Portfolio
4.7.5 Atotech Deutschland Recent Developments
4.8 Vishnu Chemicals
4.8.1 Vishnu Chemicals Chromic Acid Company Information
4.8.2 Vishnu Chemicals Chromic Acid Business Overview
4.8.3 Vishnu Chemicals Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Vishnu Chemicals Product Portfolio
4.8.5 Vishnu Chemicals Recent Developments
4.9 Chongqing Minfeng Chemical
4.9.1 Chongqing Minfeng Chemical Chromic Acid Company Information
4.9.2 Chongqing Minfeng Chemical Chromic Acid Business Overview
4.9.3 Chongqing Minfeng Chemical Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Chongqing Minfeng Chemical Product Portfolio
4.9.5 Chongqing Minfeng Chemical Recent Developments
4.10 Sichuan Yinhe Chemical
4.10.1 Sichuan Yinhe Chemical Chromic Acid Company Information
4.10.2 Sichuan Yinhe Chemical Chromic Acid Business Overview
4.10.3 Sichuan Yinhe Chemical Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 Sichuan Yinhe Chemical Product Portfolio
4.10.5 Sichuan Yinhe Chemical Recent Developments
4.11 Huangshi Zhenhua Chemical
4.11.1 Huangshi Zhenhua Chemical Chromic Acid Company Information
4.11.2 Huangshi Zhenhua Chemical Chromic Acid Business Overview
4.11.3 Huangshi Zhenhua Chemical Chromic Acid Production Capacity, Value and Gross Margin (2019-2024)
4.11.4 Huangshi Zhenhua Chemical Product Portfolio
4.11.5 Huangshi Zhenhua Chemical Recent Developments
5 Global Chromic Acid Production by Region
5.1 Global Chromic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Chromic Acid Production by Region: 2019-2030
5.2.1 Global Chromic Acid Production by Region: 2019-2024
5.2.2 Global Chromic Acid Production Forecast by Region (2025-2030)
5.3 Global Chromic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Chromic Acid Production Value by Region: 2019-2030
5.4.1 Global Chromic Acid Production Value by Region: 2019-2024
5.4.2 Global Chromic Acid Production Value Forecast by Region (2025-2030)
5.5 Global Chromic Acid Market Price Analysis by Region (2019-2024)
5.6 Global Chromic Acid Production and Value, YOY Growth
5.6.1 North America Chromic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Chromic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Chromic Acid Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Chromic Acid Production Value Estimates and Forecasts (2019-2030)
6 Global Chromic Acid Consumption by Region
6.1 Global Chromic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Chromic Acid Consumption by Region (2019-2030)
6.2.1 Global Chromic Acid Consumption by Region: 2019-2030
6.2.2 Global Chromic Acid Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Chromic Acid Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Chromic Acid Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Chromic Acid Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Chromic Acid Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Chromic Acid Production by Type (2019-2030)
7.1.1 Global Chromic Acid Production by Type (2019-2030) & (K MT)
7.1.2 Global Chromic Acid Production Market Share by Type (2019-2030)
7.2 Global Chromic Acid Production Value by Type (2019-2030)
7.2.1 Global Chromic Acid Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Chromic Acid Production Value Market Share by Type (2019-2030)
7.3 Global Chromic Acid Price by Type (2019-2030)
8 Segment by Application
8.1 Global Chromic Acid Production by Application (2019-2030)
8.1.1 Global Chromic Acid Production by Application (2019-2030) & (K MT)
8.1.2 Global Chromic Acid Production by Application (2019-2030) & (K MT)
8.2 Global Chromic Acid Production Value by Application (2019-2030)
8.2.1 Global Chromic Acid Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Chromic Acid Production Value Market Share by Application (2019-2030)
8.3 Global Chromic Acid Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Chromic Acid Value Chain Analysis
9.1.1 Chromic Acid Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Chromic Acid Production Mode & Process
9.2 Chromic Acid Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Chromic Acid Distributors
9.2.3 Chromic Acid Customers
10 Global Chromic Acid Analyzing Market Dynamics
10.1 Chromic Acid Industry Trends
10.2 Chromic Acid Industry Drivers
10.3 Chromic Acid Industry Opportunities and Challenges
10.4 Chromic Acid Industry Restraints
11 Report Conclusion
12 Disclaimer

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