Chromium Oxide Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	170 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260654

Best Price Guarantee
Price	from $4,850
Length	170 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260654

Chromium Oxide Market

Growth Factors of Chromium Oxide Market

The global chromium oxide market size was valued at USD 569.23 million in 2023 and is projected to grow from USD 594.63 billion in 2024 to USD 844.80 million by 2032, exhibiting a CAGR of 4.5% during the forecast period of 2024-2032.

The chromium oxide market was affected by COVID-19- 19,, which affected the delivery chain and reduced calls from sensitive industries such as paints, coatings, and automobiles. However, the marketplace started improving as business activities resumed and demanded an uplift in publish-pandemic impediment to the chromium oxide market growth.

The growth of the chromium oxide marketplace results from the rising demands for chromium oxide from its most extensive buying marketing, the paints and coating business, use in ceramics and metallurgy, and its use in chrome steels. Also, the rising application of higher-performing pigments in the production and automotive industries, along with material science improvements, expands the market size.

Chromium oxide catalysts are vital in several environmental treatment processes, specifically for air and water pollution control. These catalysts are also used in chemical processes such as oxidation, hydrogenation, and dehydrogenation, broadening the global chromium oxide market share. Characteristic ability to cause reactions, materials purification, and pollution reduction allows them to be considered essential additives in sustainable and environmentally friendly technologies.

Comprehensive Analysis of Chromium Oxide Market

The chromium oxide marketplace is segmented through type and application. It includes pigment, metallurgical, refractory, and chemical grades by type. The pigment grade dominates because of its use in paints, coatings, and cosmetics, providing resistance to chemicals and solvents. The metallurgical grade is essential for generating stainless steel and is pushed via call for from automobile and steel processing industries. The refractory grade is applied in excessive-temperature applications, while the chemical grade is essential for polishing and chemical synthesis. In terms of utility, the metallurgy phase leads the market, driven by stainless steel production. Increased paints and coatings observe this because of chromium oxide's durability and resistance residences.

The Asia Pacific region led the chromium oxide market by benefitting a size of USD 326.82 million in 2023 due to increasing demand attributed to its applications in paints & coatings and metallurgy, alongside excessive car production, that's raising the market price in this region.

The leading players in the chromium oxide market significantly shape its growth trajectory and establish industry standards. Key players, including LANXESS (Germany), ELEMENTIS (U.K.), Vishnu Chemicals Limited (India), NIPPON CHEMICAL INDUSTRIAL CO., LTD. (Japan), Venator (U.S.), MidUral Group (Russia), American Elements (U.S.), Hubei Zhenhua Chemical Co., LTD (China), Luoyang Zhengjie Science & Technology Industry Trade Co., Ltd. (China), Hebei Chromate Chemical Co. Ltd. (China), HUNTER Chemical LLC (U.S.), Chrome Star Chemical Works (India), and Shijiazhuang Jirong Chemical Co. (China), contribute to a competitive landscape that drives innovation and market advancement.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

CAGR Growth Rate of 4.5% from 2024 to 2032

Unit Value (USD Million) and Volume (Kiloton)

Segmentation By Type

Pigment Grade

Metallurgical Grade

Refractory Grade

Chemical Grade

By Application

Paints & Coatings

Ceramic

Metallurgy

Rubber

Others

By Geography

North America (By Type, By Application)

U.S.
Canada
Mexico

Europe (By Type, By Application)

Germany
France
U.K.
Italy
Russia
Rest of Europe

Asia Pacific (By Type, By Application)

China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Rest of Asia Pacific

Latin America (By Type, By Application)

Brazil
Rest of Latin America

Middle East & Africa (By Type, By Application)

Turkey
GCC Countries
Egypt
South Africa
Rest of Middle East & Africa

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Countries; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Regulatory Scenario; 4.5. Porters Five Forces Analysis
5. Qualitative Insights – Impact of COVID-19 on Global Chromium Oxide Market: 5.1. Supply Chain Challenges; 5.2. Steps taken by Government/Companies to overcome this impact; 5.3. Potential opportunities due to COVID-19 outbreak
6. Global Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Type (Volume/Value); 6.2.1. Pigment Grade; 6.2.2. Metallurgical Grade; 6.2.3. Refractory Grade; 6.2.4. Chemical Grade; 6.3. By Application (Volume/Value); 6.3.1. Paints & Coatings; 6.3.2. Ceramic; 6.3.3. Metallurgy; 6.3.4. Rubber; 6.3.5. Others; 6.4. By Region (Volume/Value); 6.4.1. North America; 6.4.2. Europe; 6.4.3. Asia Pacific; 6.4.4. Latin America; 6.4.5. Middle East & Africa
7. North America Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Type (Volume/Value); 7.2.1. Pigment Grade; 7.2.2. Metallurgical Grade; 7.2.3. Refractory Grade; 7.2.4. Chemical Grade; 7.3. By Application (Volume/Value); 7.3.1. Paints & Coatings; 7.3.2. Ceramic; 7.3.3. Metallurgy; 7.3.4. Rubber; 7.3.5. Others; 7.4. By Country (Volume/Value); 7.4.1. U.S.; 7.4.2. Canada; 7.4.3. Mexico
8. Europe Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Type (Volume/Value); 8.2.1. Pigment Grade; 8.2.2. Metallurgical Grade; 8.2.3. Refractory Grade; 8.2.4. Chemical Grade; 8.3. By Application (Volume/Value); 8.3.1. Paints & Coatings; 8.3.2. Ceramic; 8.3.3. Metallurgy; 8.3.4. Rubber; 8.3.5. Others; 8.4. By Country (Volume/Value); 8.4.1. Germany; 8.4.2. France; 8.4.3. UK; 8.4.4. Italy; 8.4.5. Russia; 8.4.6. Rest of Europe
9. Asia-Pacific Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Type (Volume/Value); 9.2.1. Pigment Grade; 9.2.2. Metallurgical Grade; 9.2.3. Refractory Grade; 9.2.4. Chemical Grade; 9.3. By Application (Volume/Value); 9.3.1. Paints & Coatings; 9.3.2. Ceramic; 9.3.3. Metallurgy; 9.3.4. Rubber; 9.3.5. Others; 9.4. By Country (Volume/Value); 9.4.1. China; 9.4.2. Japan; 9.4.3. South Korea; 9.4.4. India; 9.4.5. Australia; 9.4.6. Indonesia; 9.4.7. Thailand; 9.4.8. Malaysia; 9.4.9. Philippines; 9.4.10. Vietnam; 9.4.11. Rest of Asia Pacific
10. Latin America Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Type (Volume/Value); 10.2.1. Pigment Grade; 10.2.2. Metallurgical Grade; 10.2.3. Refractory Grade; 10.2.4. Chemical Grade; 10.3. By Application (Volume/Value); 10.3.1. Paints & Coatings; 10.3.2. Ceramic; 10.3.3. Metallurgy; 10.3.4. Rubber; 10.3.5. Others; 10.4. By Country (Volume/Value); 10.4.1. Brazil; 10.4.2. Argentina; 10.4.3. Rest of Latin America
11. Middle East & Africa Chromium Oxide Market Analysis, Insights and Forecast, 2019-2032: 11.1. Key Findings / Summary; 11.2. By Type (Volume/Value); 11.2.1. Pigment Grade; 11.2.2. Metallurgical Grade; 11.2.3. Refractory Grade; 11.2.4. Chemical Grade; 11.3. By Application (Volume/Value); 11.3.1. Paints & Coatings; 11.3.2. Ceramic; 11.3.3. Metallurgy; 11.3.4. Rubber; 11.3.5. Others; 11.4. By Country (Volume/Value); 11.4.1. Turkey; 11.4.2. GCC Countries; 11.4.3. Egypt; 11.4.4. South Africa; 11.4.5. Rest of Middle East & Africa
12. Company Profiles: 12.1. LANXESS; 12.1.1. Overview; 12.1.2. Description; 12.1.3. Product Portfolio; 12.1.4. Financials (Data as available in public domain and/or on paid databases); 12.1.5. Recent Developments; 12.2. ELEMENTIS; 12.2.1. Overview; 12.2.2. Description; 12.2.3. Product Portfolio; 12.2.4. Financials (Data as available in public domain and/or on paid databases); 12.2.5. Recent Developments; 12.3. Vishnu Chemicals Limited; 12.3.1. Overview; 12.3.2. Description; 12.3.3. Product Portfolio; 12.3.4. Financials (Data as available in public domain and/or on paid databases); 12.3.5. Recent Developments; 12.4. NIPPON CHEMICAL INDUSTRIAL CO., LTD.; 12.4.1. Overview; 12.4.2. Description; 12.4.3. Product Portfolio; 12.4.4. Financials (Data as available in public domain and/or on paid databases); 12.4.5. Recent Developments; 12.5. Venator; 12.5.1. Overview; 12.5.2. Description; 12.5.3. Product Portfolio; 12.5.4. Financials (Data as available in public domain and/or on paid databases); 12.5.5. Recent Developments; 12.6. MidUral Group; 12.6.1. Overview; 12.6.2. Description; 12.6.3. Product Portfolio; 12.6.4. Financials (Data as available in public domain and/or on paid databases); 12.6.5. Recent Developments; 12.7. American Elements; 12.7.1. Overview; 12.7.2. Description; 12.7.3. Product Portfolio; 12.7.4. Financials (Data as available in public domain and/or on paid databases); 12.7.5. Recent Developments; 12.8. Hubei zhenhua chemical co., LTD; 12.8.1. Overview; 12.8.2. Description; 12.8.3. Product Portfolio; 12.8.4. Financials (Data as available in public domain and/or on paid databases); 12.8.5. Recent Developments; 12.9. Luoyang Zhengjie Science & Technology Industry Trade Co.,Ltd.; 12.9.1. Overview; 12.9.2. Description; 12.9.3. Product Portfolio; 12.9.4. Financials (Data as available in public domain and/or on paid databases); 12.9.5. Recent Developments; 12.10. Hebei Chromate Chemical Co. Ltd.; 12.10.1. Overview; 12.10.2. Description; 12.10.3. Product Portfolio; 12.10.4. Financials (Data as available in public domain and/or on paid databases); 12.10.5. Recent Developments; 12.11. HUNTER Chemical LLC; 12.11.1. Overview; 12.11.2. Description; 12.11.3. Product Portfolio; 12.11.4. Financials (Data as available in public domain and/or on paid databases); 12.11.5. Recent Developments; 12.12. Chrome Star Chemical Works; 12.12.1. Overview; 12.12.2. Description; 12.12.3. Product Portfolio; 12.12.4. Financials (Data as available in public domain and/or on paid databases); 12.12.5. Recent Developments; 12.13. Shijiazhuang Jirong Chemical Co.; 12.13.1. Overview; 12.13.2. Description; 12.13.3. Product Portfolio; 12.13.4. Financials (Data as available in public domain and/or on paid databases); 12.13.5. Recent Developments; 12.14. Sichuan Yinhe Chemicals; 12.14.1. Overview; 12.14.2. Description; 12.14.3. Product Portfolio; 12.14.4. Financials (Data as available in public domain and/or on paid databases); 12.14.5. Recent Developments; 12.15. Other Key Players
13. Strategic Recommendations