Global Chromic Acid Market Research Report 2023(Status and Outlook)

Global Chromic Acid Market Research Report 2023(Status and Outlook)



Report Overview

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.

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.

The Global Chromic Acid Market Size was estimated at USD 684.90 million in 2022 and is projected to reach USD 895.23 million by 2029, exhibiting a CAGR of 3.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Chromic Acid market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Chromic Acid Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Chromic Acid market in any manner.

Global Chromic Acid Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

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First Grade

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Market Segmentation (by Application)

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Students

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Chromic Acid Market

Overview of the regional outlook of the Chromic Acid Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Chromic Acid
1.2 Key Market Segments
1.2.1 Chromic Acid Segment by Type
1.2.2 Chromic Acid Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Chromic Acid Market Overview
2.1 Global Market Overview
2.1.1 Global Chromic Acid Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Chromic Acid Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Chromic Acid Market Competitive Landscape
3.1 Global Chromic Acid Sales by Manufacturers (2018-2023)
3.2 Global Chromic Acid Revenue Market Share by Manufacturers (2018-2023)
3.3 Chromic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Chromic Acid Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Chromic Acid Sales Sites, Area Served, Product Type
3.6 Chromic Acid Market Competitive Situation and Trends
3.6.1 Chromic Acid Market Concentration Rate
3.6.2 Global 5 and 10 Largest Chromic Acid Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Chromic Acid Industry Chain Analysis
4.1 Chromic Acid Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Chromic Acid Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Chromic Acid Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Chromic Acid Sales Market Share by Type (2018-2023)
6.3 Global Chromic Acid Market Size Market Share by Type (2018-2023)
6.4 Global Chromic Acid Price by Type (2018-2023)
7 Chromic Acid Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Chromic Acid Market Sales by Application (2018-2023)
7.3 Global Chromic Acid Market Size (M USD) by Application (2018-2023)
7.4 Global Chromic Acid Sales Growth Rate by Application (2018-2023)
8 Chromic Acid Market Segmentation by Region
8.1 Global Chromic Acid Sales by Region
8.1.1 Global Chromic Acid Sales by Region
8.1.2 Global Chromic Acid Sales Market Share by Region
8.2 North America
8.2.1 North America Chromic Acid Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Chromic Acid Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Chromic Acid Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Chromic Acid Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Chromic Acid Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 LANXESS South Africa
9.1.1 LANXESS South Africa Chromic Acid Basic Information
9.1.2 LANXESS South Africa Chromic Acid Product Overview
9.1.3 LANXESS South Africa Chromic Acid Product Market Performance
9.1.4 LANXESS South Africa Business Overview
9.1.5 LANXESS South Africa Chromic Acid SWOT Analysis
9.1.6 LANXESS South Africa Recent Developments
9.2 Soda Sanayii
9.2.1 Soda Sanayii Chromic Acid Basic Information
9.2.2 Soda Sanayii Chromic Acid Product Overview
9.2.3 Soda Sanayii Chromic Acid Product Market Performance
9.2.4 Soda Sanayii Business Overview
9.2.5 Soda Sanayii Chromic Acid SWOT Analysis
9.2.6 Soda Sanayii Recent Developments
9.3 Elementis
9.3.1 Elementis Chromic Acid Basic Information
9.3.2 Elementis Chromic Acid Product Overview
9.3.3 Elementis Chromic Acid Product Market Performance
9.3.4 Elementis Business Overview
9.3.5 Elementis Chromic Acid SWOT Analysis
9.3.6 Elementis Recent Developments
9.4 MidUral Group
9.4.1 MidUral Group Chromic Acid Basic Information
9.4.2 MidUral Group Chromic Acid Product Overview
9.4.3 MidUral Group Chromic Acid Product Market Performance
9.4.4 MidUral Group Business Overview
9.4.5 MidUral Group Chromic Acid SWOT Analysis
9.4.6 MidUral Group Recent Developments
9.5 Novotroitsk Plant of Chromium Compounds
9.5.1 Novotroitsk Plant of Chromium Compounds Chromic Acid Basic Information
9.5.2 Novotroitsk Plant of Chromium Compounds Chromic Acid Product Overview
9.5.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Product Market Performance
9.5.4 Novotroitsk Plant of Chromium Compounds Business Overview
9.5.5 Novotroitsk Plant of Chromium Compounds Chromic Acid SWOT Analysis
9.5.6 Novotroitsk Plant of Chromium Compounds Recent Developments
9.6 Hunter Chemical
9.6.1 Hunter Chemical Chromic Acid Basic Information
9.6.2 Hunter Chemical Chromic Acid Product Overview
9.6.3 Hunter Chemical Chromic Acid Product Market Performance
9.6.4 Hunter Chemical Business Overview
9.6.5 Hunter Chemical Recent Developments
9.7 Atotech Deutschland
9.7.1 Atotech Deutschland Chromic Acid Basic Information
9.7.2 Atotech Deutschland Chromic Acid Product Overview
9.7.3 Atotech Deutschland Chromic Acid Product Market Performance
9.7.4 Atotech Deutschland Business Overview
9.7.5 Atotech Deutschland Recent Developments
9.8 Vishnu Chemicals
9.8.1 Vishnu Chemicals Chromic Acid Basic Information
9.8.2 Vishnu Chemicals Chromic Acid Product Overview
9.8.3 Vishnu Chemicals Chromic Acid Product Market Performance
9.8.4 Vishnu Chemicals Business Overview
9.8.5 Vishnu Chemicals Recent Developments
9.9 Chongqing Minfeng Chemical
9.9.1 Chongqing Minfeng Chemical Chromic Acid Basic Information
9.9.2 Chongqing Minfeng Chemical Chromic Acid Product Overview
9.9.3 Chongqing Minfeng Chemical Chromic Acid Product Market Performance
9.9.4 Chongqing Minfeng Chemical Business Overview
9.9.5 Chongqing Minfeng Chemical Recent Developments
9.10 Sichuan Yinhe Chemical
9.10.1 Sichuan Yinhe Chemical Chromic Acid Basic Information
9.10.2 Sichuan Yinhe Chemical Chromic Acid Product Overview
9.10.3 Sichuan Yinhe Chemical Chromic Acid Product Market Performance
9.10.4 Sichuan Yinhe Chemical Business Overview
9.10.5 Sichuan Yinhe Chemical Recent Developments
9.11 Huangshi Zhenhua Chemical
9.11.1 Huangshi Zhenhua Chemical Chromic Acid Basic Information
9.11.2 Huangshi Zhenhua Chemical Chromic Acid Product Overview
9.11.3 Huangshi Zhenhua Chemical Chromic Acid Product Market Performance
9.11.4 Huangshi Zhenhua Chemical Business Overview
9.11.5 Huangshi Zhenhua Chemical Recent Developments
10 Chromic Acid Market Forecast by Region
10.1 Global Chromic Acid Market Size Forecast
10.2 Global Chromic Acid Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Chromic Acid Market Size Forecast by Country
10.2.3 Asia Pacific Chromic Acid Market Size Forecast by Region
10.2.4 South America Chromic Acid Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Chromic Acid by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Chromic Acid Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Chromic Acid by Type (2024-2029)
11.1.2 Global Chromic Acid Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Chromic Acid by Type (2024-2029)
11.2 Global Chromic Acid Market Forecast by Application (2024-2029)
11.2.1 Global Chromic Acid Sales (K MT) Forecast by Application
11.2.2 Global Chromic Acid Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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