Global Chromium Oxide Market- Industry Analysis and Forecast (2020-2027)- By Grade, Application, and Region.

The global chromium oxide market was valued US$ 192.58 Mn in 2019 and is expected to reach 414.26 Mn by 2027, at a CAGR of 3.8 % during the forecast period.   Global Chromium Oxide Market To know about the Research Methodology :- Request Free Sample Report

Global Chromium Oxide Market Definition:

Chromium oxide is an inorganic compound and one of the key oxides of chromium. It occurs naturally as a rare mineral eskolaite and holds a wide range of applications in coatings resulting in excellent resistance to wear, abrasion, corrosion, and chemicals. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis. Global Chromium Oxide Market Snapshot

Global Chromium Oxide Market Dynamics:

Technological advancement and development in the method of the manufacturing process in developed and developing countries are driving the growth of the chromium oxide market globally. Chromium oxide has broad application in the automotive industries for coating and polishing of various machinery parts as it has corrosion free property which is expected to drive the market growth, which will further propel the market demand in the global market. Development in the commercial sector with increased urbanization linked with construction activity is booming the market demand for steel thus driving the growth of the chromium oxide market. The popularity of chromium oxide as pigment for colouring material is considered as another driving factor for the global chromium oxide market. The chemical industry is one of the major sectors to cover the market growth, as the R&D sector is on another level for advanced research which boosts the market growth. Chromium Oxide is broadly utilized covering market value with significant growth of 45.3 Mn. Major key vendors are investing in the chromium oxide market, as this market is expected to show constant growth with wide opportunities for manufacturers and end-users. However, the unavailability of raw materials and observed side effects after the application is expected to hamper the chromium oxide market growth. Additionally, the presence of substitutes in the market hinders market growth in the coming years.

Global Chromium Oxide Market Segment analysis:

In the chromium oxide market application segment, the metallurgy sub-segment was calculated to be the dominant sector holding the largest market share with the prominent application at a CAGR of 2.2 % by 2027. The principal uses of chromium are in metallurgical processing of ferrochromium and other metallurgical products to impart corrosion resistance. Chromium is used to induce hardness, toughness, and chemical resistance in steel. Today 85% of its use is in metallic alloys such as stainless steel and anodized aluminium. Further, driving factors such as less toxicity and prolonged reflecting with infrared exposer are widely used as an adulterating agent applied in numerous metallurgy and alloys segment, attracting the vendors to invest and will contribute to the market growth. The chromium oxide market was likely to be valued at US$ 11.57 Mn in 2019, owing to the increasing consumer demand, virtually, 45% of the market is acquired by stainless steel division.

Global Chromium Oxide Market Regional Analysis:

Regionally, Asia Pacific is expected to dominate the chromium oxide market with an expected growth at a CAGR of 2.5% during the forecast period. Advancement in machinery in the Asia Pacific region is boosting the market growth especially in India and China documented as a major contributor together with growing awareness about the product and large production unit in this region promoting in market growth. Thus, the APAC’s wealth in terms of steel production is being joined with a chromium oxide market raising its demand. In 2019 market size was valued US$ 132 Mn while in India, the market size was valued 100.13 Mn and expected to increase by US$ 112 Mn in the coming years. In the year 2019, approximately 46% of the market is acquired by the Asia Pacific region and expected to grow constantly in the future. Europe is estimated to have substantial growth during the forecast period owing to growing demand in major end-use industries, such as building & construction, paints & coatings. Further, technological advancements in the ceramics & plastics industries in the regional market are constantly driving the local market growth. The objective of the report is to present a comprehensive analysis of the Global Chromium Oxide Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Chromium Oxide Market dynamics, structure by analysing the market segments and project the Global Chromium Oxide Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Chromium Oxide Market make the report investor’s guide.

Global Chromium Oxide Market Scope: Inquire before buying

Global Chromium Oxide Market, by Grade

• Pigment Grade • Metallurgical Grade • Refractory Grade

Global Chromium Oxide Market, by Application

Paints and Coatings • Bricks and Concrete • Inks and Dyes • Metallurgy • Glasses • Ceramics • Others

Global Chromium Oxide Market, by Region

• North America • Europe • Asia Pacific • Latin America • Middle East & Africa

Global Chromium Oxide Market Key Players

• BlueStar Yima Chrome Chemical Materials • Hebei Chromate Chemical • Huangshi Zhenhua Chemical • Chongqing Minfeng Chemical • Aktyubinsk • Sun Chemical • Vishnu • Elementis • Hunter Chemical • Midural Group • Lanxess • Soda Sanayii • Huntsman • Luoyang Zhengjie • Sichuan Yinhe Chemical • Jirong Chemical • Venator Materials PLC • Saint-Gobain • American Elements • Reade International Corp • Chrome Star Chemical Works
Global Chromium Oxide Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Chromium Oxide Market Size, By Market Value (US$ Bn) and Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Chromium Oxide Market Analysis and Forecast 6.1. Global Chromium Oxide Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Chromium Oxide Market Analysis and Forecast, By Grade 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Chromium Oxide Market Value Share Analysis, By Grade 7.4. Global Chromium Oxide Market Size (US$ Bn) Forecast, By Grade 7.5. Global Chromium Oxide Market Analysis, By Grade 7.6. Global Chromium Oxide Market Attractiveness Analysis, By Grade 8. Global Chromium Oxide Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Chromium Oxide Market Value Share Analysis, By Application 8.4. Global Chromium Oxide Market Size (US$ Bn) Forecast, By Application 8.5. Global Chromium Oxide Market Analysis, By Application 8.6. Global Chromium Oxide Market Attractiveness Analysis, By Application 9. Global Chromium Oxide Market Analysis, By Region 9.1. Global Chromium Oxide Market Value Share Analysis, by Region 9.2. Global Chromium Oxide Market Size (US$ Bn) Forecast, by Region 9.3. Global Chromium Oxide Market Attractiveness Analysis, by Region 10. North America Chromium Oxide Market Analysis 10.1. Key Findings 10.2. North America Chromium Oxide Market Overview 10.3. North America Chromium Oxide Market Value Share Analysis, By Grade 10.4. North America Chromium Oxide Market Forecast, By Grade 10.4.1. Pigment Grade 10.4.2. Metallurgical Grade 10.4.3. Refractory Grade 10.5. North America Chromium Oxide Market Value Share Analysis, By Application 10.6. North America Chromium Oxide Market Forecast, By Application 10.6.1. Paints and Coatings 10.6.2. Bricks and Concrete 10.6.3. Inks and Dyes 10.6.4. Metallurgy 10.6.5. Glasses 10.6.6. Ceramics 10.6.7. Others 10.7. North America Chromium Oxide Market Value Share Analysis, by Country 10.8. North America Chromium Oxide Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Chromium Oxide Market Analysis, by Country 10.10. U.S. Chromium Oxide Market Forecast, By Grade 10.10.1. Pigment Grade 10.10.2. Metallurgical Grade 10.10.3. Refractory Grade 10.11. U.S. Chromium Oxide Market Forecast, By Application 10.11.1. Paints and Coatings 10.11.2. Bricks and Concrete 10.11.3. Inks and Dyes 10.11.4. Metallurgy 10.11.5. Glasses 10.11.6. Ceramics 10.11.7. Others 10.12. Canada Chromium Oxide Market Forecast, By Grade 10.12.1. Pigment Grade 10.12.2. Metallurgical Grade 10.12.3. Refractory Grade 10.13. Canada Chromium Oxide Market Forecast, By Application 10.13.1. Paints and Coatings 10.13.2. Bricks and Concrete 10.13.3. Inks and Dyes 10.13.4. Metallurgy 10.13.5. Glasses 10.13.6. Ceramics 10.13.7. Others 10.14. North America Chromium Oxide Market Attractiveness Analysis 10.14.1. By Grade 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Chromium Oxide Market Analysis 11.1. Key Findings 11.2. Europe Chromium Oxide Market Overview 11.3. Europe Chromium Oxide Market Value Share Analysis, By Grade 11.4. Europe Chromium Oxide Market Forecast, By Grade 11.4.1. Pigment Grade 11.4.2. Metallurgical Grade 11.4.3. Refractory Grade 11.5. Europe Chromium Oxide Market Value Share Analysis, By Application 11.6. Europe Chromium Oxide Market Forecast, By Application 11.6.1. Paints and Coatings 11.6.2. Bricks and Concrete 11.6.3. Inks and Dyes 11.6.4. Metallurgy 11.6.5. Glasses 11.6.6. Ceramics 11.6.7. Others 11.7. Europe Chromium Oxide Market Value Share Analysis, by Country 11.8. Europe Chromium Oxide Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Chromium Oxide Market Analysis, by Country 11.10. Germany Chromium Oxide Market Forecast, By Grade 11.10.1. Pigment Grade 11.10.2. Metallurgical Grade 11.10.3. Refractory Grade 11.11. Germany Chromium Oxide Market Forecast, By Application 11.11.1. Paints and Coatings 11.11.2. Bricks and Concrete 11.11.3. Inks and Dyes 11.11.4. Metallurgy 11.11.5. Glasses 11.11.6. Ceramics 11.11.7. Others 11.12. U.K. Chromium Oxide Market Forecast, By Grade 11.12.1. Pigment Grade 11.12.2. Metallurgical Grade 11.12.3. Refractory Grade 11.13. U.K. Chromium Oxide Market Forecast, By Application 11.13.1. Paints and Coatings 11.13.2. Bricks and Concrete 11.13.3. Inks and Dyes 11.13.4. Metallurgy 11.13.5. Glasses 11.13.6. Ceramics 11.13.7. Others 11.14. France Chromium Oxide Market Forecast, By Grade 11.14.1. Pigment Grade 11.14.2. Metallurgical Grade 11.14.3. Refractory Grade 11.15. France Chromium Oxide Market Forecast, By Application 11.15.1. Paints and Coatings 11.15.2. Bricks and Concrete 11.15.3. Inks and Dyes 11.15.4. Metallurgy 11.15.5. Glasses 11.15.6. Ceramics 11.15.7. Others 11.16. Italy Chromium Oxide Market Forecast, By Grade 11.16.1. Pigment Grade 11.16.2. Metallurgical Grade 11.16.3. Refractory Grade 11.17. Italy Chromium Oxide Market Forecast, By Application 11.17.1. Paints and Coatings 11.17.2. Bricks and Concrete 11.17.3. Inks and Dyes 11.17.4. Metallurgy 11.17.5. Glasses 11.17.6. Ceramics 11.17.7. Others 11.18. Spain Chromium Oxide Market Forecast, By Grade 11.18.1. Pigment Grade 11.18.2. Metallurgical Grade 11.18.3. Refractory Grade 11.19. Spain Chromium Oxide Market Forecast, By Application 11.19.1. Paints and Coatings 11.19.2. Bricks and Concrete 11.19.3. Inks and Dyes 11.19.4. Metallurgy 11.19.5. Glasses 11.19.6. Ceramics 11.19.7. Others 11.20. Rest of Europe Chromium Oxide Market Forecast, By Grade 11.20.1. Pigment Grade 11.20.2. Metallurgical Grade 11.20.3. Refractory Grade 11.21. Rest of Europe Chromium Oxide Market Forecast, By Application 11.21.1. Paints and Coatings 11.21.2. Bricks and Concrete 11.21.3. Inks and Dyes 11.21.4. Metallurgy 11.21.5. Glasses 11.21.6. Ceramics 11.21.7. Others 11.22. Europe Chromium Oxide Market Attractiveness Analysis 11.22.1. By Grade 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Chromium Oxide Market Analysis 12.1. Key Findings 12.2. Asia Pacific Chromium Oxide Market Overview 12.3. Asia Pacific Chromium Oxide Market Value Share Analysis, By Grade 12.4. Asia Pacific Chromium Oxide Market Forecast, By Grade 12.4.1. Pigment Grade 12.4.2. Metallurgical Grade 12.4.3. Refractory Grade 12.5. Asia Pacific Chromium Oxide Market Value Share Analysis, By Application 12.6. Asia Pacific Chromium Oxide Market Forecast, By Application 12.6.1. Paints and Coatings 12.6.2. Bricks and Concrete 12.6.3. Inks and Dyes 12.6.4. Metallurgy 12.6.5. Glasses 12.6.6. Ceramics 12.6.7. Others 12.7. Asia Pacific Chromium Oxide Market Value Share Analysis, by Country 12.8. Asia Pacific Chromium Oxide Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Chromium Oxide Market Analysis, by Country 12.10. China Chromium Oxide Market Forecast, By Grade 12.10.1. Pigment Grade 12.10.2. Metallurgical Grade 12.10.3. Refractory Grade 12.11. China Chromium Oxide Market Forecast, By Application 12.11.1. Paints and Coatings 12.11.2. Bricks and Concrete 12.11.3. Inks and Dyes 12.11.4. Metallurgy 12.11.5. Glasses 12.11.6. Ceramics 12.11.7. Others 12.12. India Chromium Oxide Market Forecast, By Grade 12.12.1. Pigment Grade 12.12.2. Metallurgical Grade 12.12.3. Refractory Grade 12.13. India Chromium Oxide Market Forecast, By Application 12.13.1. Paints and Coatings 12.13.2. Bricks and Concrete 12.13.3. Inks and Dyes 12.13.4. Metallurgy 12.13.5. Glasses 12.13.6. Ceramics 12.13.7. Others 12.14. Japan Chromium Oxide Market Forecast, By Grade 12.14.1. Pigment Grade 12.14.2. Metallurgical Grade 12.14.3. Refractory Grade 12.15. Japan Chromium Oxide Market Forecast, By Application 12.15.1. Paints and Coatings 12.15.2. Bricks and Concrete 12.15.3. Inks and Dyes 12.15.4. Metallurgy 12.15.5. Glasses 12.15.6. Ceramics 12.15.7. Others 12.16. ASEAN Chromium Oxide Market Forecast, By Grade 12.16.1. Pigment Grade 12.16.2. Metallurgical Grade 12.16.3. Refractory Grade 12.17. ASEAN Chromium Oxide Market Forecast, By Application 12.17.1. Paints and Coatings 12.17.2. Bricks and Concrete 12.17.3. Inks and Dyes 12.17.4. Metallurgy 12.17.5. Glasses 12.17.6. Ceramics 12.17.7. Others 12.18. Rest of Asia Pacific Chromium Oxide Market Forecast, By Grade 12.18.1. Pigment Grade 12.18.2. Metallurgical Grade 12.18.3. Refractory Grade 12.19. Rest of Asia Pacific Chromium Oxide Market Forecast, By Application 12.19.1. Paints and Coatings 12.19.2. Bricks and Concrete 12.19.3. Inks and Dyes 12.19.4. Metallurgy 12.19.5. Glasses 12.19.6. Ceramics 12.19.7. Others 12.20. Asia Pacific Chromium Oxide Market Attractiveness Analysis 12.20.1. By Grade 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Chromium Oxide Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Chromium Oxide Market Overview 13.3. Middle East & Africa Chromium Oxide Market Value Share Analysis, By Grade 13.4. Middle East & Africa Chromium Oxide Market Forecast, By Grade 13.4.1. Pigment Grade 13.4.2. Metallurgical Grade 13.4.3. Refractory Grade 13.5. Middle East & Africa Chromium Oxide Market Value Share Analysis, By Application 13.6. Middle East & Africa Chromium Oxide Market Forecast, By Application 13.6.1. Paints and Coatings 13.6.2. Bricks and Concrete 13.6.3. Inks and Dyes 13.6.4. Metallurgy 13.6.5. Glasses 13.6.6. Ceramics 13.6.7. Others 13.7. Middle East & Africa Chromium Oxide Market Value Share Analysis, by Country 13.8. Middle East & Africa Chromium Oxide Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Chromium Oxide Market Analysis, by Country 13.10. GCC Chromium Oxide Market Forecast, By Grade 13.10.1. Pigment Grade 13.10.2. Metallurgical Grade 13.10.3. Refractory Grade 13.11. GCC Chromium Oxide Market Forecast, By Application 13.11.1. Paints and Coatings 13.11.2. Bricks and Concrete 13.11.3. Inks and Dyes 13.11.4. Metallurgy 13.11.5. Glasses 13.11.6. Ceramics 13.11.7. Others 13.12. South Africa Chromium Oxide Market Forecast, By Grade 13.12.1. Pigment Grade 13.12.2. Metallurgical Grade 13.12.3. Refractory Grade 13.13. South Africa Chromium Oxide Market Forecast, By Application 13.13.1. Paints and Coatings 13.13.2. Bricks and Concrete 13.13.3. Inks and Dyes 13.13.4. Metallurgy 13.13.5. Glasses 13.13.6. Ceramics 13.13.7. Others 13.14. Rest of Middle East & Africa Chromium Oxide Market Forecast, By Grade 13.14.1. Pigment Grade 13.14.2. Metallurgical Grade 13.14.3. Refractory Grade 13.15. Rest of Middle East & Africa Chromium Oxide Market Forecast, By Application 13.15.1. Paints and Coatings 13.15.2. Bricks and Concrete 13.15.3. Inks and Dyes 13.15.4. Metallurgy 13.15.5. Glasses 13.15.6. Ceramics 13.15.7. Others 13.16. Middle East & Africa Chromium Oxide Market Attractiveness Analysis 13.16.1. By Grade 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Chromium Oxide Market Analysis 14.1. Key Findings 14.2. South America Chromium Oxide Market Overview 14.3. South America Chromium Oxide Market Value Share Analysis, By Grade 14.4. South America Chromium Oxide Market Forecast, By Grade 14.4.1. Pigment Grade 14.4.2. Metallurgical Grade 14.4.3. Refractory Grade 14.5. South America Chromium Oxide Market Value Share Analysis, By Application 14.6. South America Chromium Oxide Market Forecast, By Application 14.6.1. Paints and Coatings 14.6.2. Bricks and Concrete 14.6.3. Inks and Dyes 14.6.4. Metallurgy 14.6.5. Glasses 14.6.6. Ceramics 14.6.7. Others 14.7. South America Chromium Oxide Market Value Share Analysis, by Country 14.8. South America Chromium Oxide Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Chromium Oxide Market Forecast, By Grade 14.9.1. Pigment Grade 14.9.2. Metallurgical Grade 14.9.3. Refractory Grade 14.10. Brazil Chromium Oxide Market Forecast, By Application 14.10.1. Paints and Coatings 14.10.2. Bricks and Concrete 14.10.3. Inks and Dyes 14.10.4. Metallurgy 14.10.5. Glasses 14.10.6. Ceramics 14.10.7. Others 14.11. Mexico Chromium Oxide Market Forecast, By Grade 14.11.1. Pigment Grade 14.11.2. Metallurgical Grade 14.11.3. Refractory Grade 14.12. Mexico Chromium Oxide Market Forecast, By Application 14.12.1. Paints and Coatings 14.12.2. Bricks and Concrete 14.12.3. Inks and Dyes 14.12.4. Metallurgy 14.12.5. Glasses 14.12.6. Ceramics 14.12.7. Others 14.13. Rest of South America Chromium Oxide Market Forecast, By Grade 14.13.1. Pigment Grade 14.13.2. Metallurgical Grade 14.13.3. Refractory Grade 14.14. Rest of South America Chromium Oxide Market Forecast, By Application 14.14.1. Paints and Coatings 14.14.2. Bricks and Concrete 14.14.3. Inks and Dyes 14.14.4. Metallurgy 14.14.5. Glasses 14.14.6. Ceramics 14.14.7. Others 14.15. South America Chromium Oxide Market Attractiveness Analysis 14.15.1. By Grade 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, End-Users and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.4. M&A by Regions, Investment and End-Users 15.2.5. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. BASF SE 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. LG Chem Ltd 15.3.3. DowDuPont 15.3.4. Indium Corporation 15.3.5. Shin-Etsu MicroSi 15.3.6. Hitachi Chemical Co Ltd 15.3.7. Caplinq Corporation 15.3.8. UTAC Holdings Ltd 15.3.9. Sumitomo Chemical Co.Ltd 15.3.10. Nichia Corporation 15.3.11. Intel Corporation 15.3.12. Kyocera Corporation 15.3.13. Henkel AG & Company 15.3.14. Internation Quantum Epitaxy 15.3.15. Sumitomo Chemical Company Ltd 15.3.16. Venator Materials PLC 15.3.17. Saint-Gobain 15.3.18. American Elements 15.3.19. Reade International Corp 15.3.20. Chrome Star Chemical Works 16. Primary Key Insights

About This Report

Report ID 66331
Category Material & Chemical
Published Date July 2020
Updated Date June 2021
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