Sodium Dichromate Market – Forecast and Analysis (2024-2030) – by Application, by Region


Sodium Dichromate Market is expected to grow at a CAGR of 4.6% during the forecast period. Global Sodium Dichromate Market is expected to reach US$ 1.45 Bn by 2030.

Sodium Dichromate Market Dynamics

Sodium dichromate is sold in both solution and crystalline forms. It has bright orange colour and has a molecular weight of 298 grams/mol (g/mol). It is also known as sodium bichromate dihydrate. The chemical formula for the compound is Na2Cr2O7 2H2O. It is highly soluble in water. Various factors such as growing demand for sodium dichromate to manufacture colored glasses and ceramic glazes, increasing use in pigments applications, growing use as colour moderator in paints and dye industry are mainly driving the sodium dichromate market over forecast period. Growing use of sodium dichromate in construction and metal finishing industries coupled with growing population and disposable income in various emerging economies such as Brazil, China, India, and South Asian countries are expected to create lucrative opportunities for sodium dichromate market over the forecast period.Sodium Dichromate MarketTo know about the Research Methodology :- Request Free Sample Report

However, factors such as stringent regulations pertaining to use of sodium dichromate, it is hazardous to skin and eyes, less adoption in many underdeveloped countries are restraining the market growth over the forecast period.

Global Sodium Dichromate Market is segmented by application and by region. By application, pigment industry held the highest market share in 2023 and is expected to keep its dominance over the forecast period. In the paints and pigments industry, sodium chromium compounds such as zinc, calcium, strontium or barium are used as additive to manufacture paints, printing inks, paper colours etc. Pigments application industry is followed by metal finishing and leather tannings. Metal finishing industry is expected to hold xx% of market share over the forecast period. Sodium chromate are used as corrosion inhibitors in metal finishing as they are resistant to light, heat, acids and alkalis. Moreover, Sodium Dichromate finds applications in the leather tanning and wood preservatives as well. It is generally used as a mordant and chemical intermediate in leather & tanning and wood preservative applications. Apart from these regulator applications, sodium dichromate is also used as an ingredient in manufacturing of colored glasses and ceramic glazes.

By geography, APAC held the highest market share in 2023 and is expected to keep its dominance over the forecast period. Factors such as growing use of eco-friendly products such as pigments and wood products, rapid industrialization, urbanisation, and rising infrastructure coupled with growing disposable income are driving the market growth over the forecast period. China held the highest market share in terms both value and volume. APAC is followed by Europe and North America. Europe is expected to hold xx% of market share over the forecast period owing to growing demand for sodium dichromate in food packaging, metal finishing, and construction sector. North America is expected to grow at the highest CAGR over the forecast period. In the United States, the demand for sodium dichromate was 219,174.92 metric tons in 2023 and is expected to reach 258,819.38 metric tons in by 2030 with a CAGR of 2.1% over forecast period. This growth in demand is supported by increasing use of sodium dichromate in the manufacture of wood preservatives.

Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patent to increase their regional presence and business operations.

The objective of the report is to present a comprehensive analysis of the Global Sodium Dichromate 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 Sodium Dichromate Market dynamics, structure by analyzing the market segments and project Global Sodium Dichromate Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Sodium Dichromate Market make the report investor’s guide.

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Global Sodium Dichromate Market




Report Coverage
Details




Base Year:
2023
Forecast Period:
2024-2030




Historical Data:
2018 to 2023
Market Size in 2023:
US $ 1.06 Bn.




Forecast Period 2024 to 2030 CAGR:
4.6%
Market Size in 2030:
US $ 1.45 Bn.




 Segments Covered:
by Application
Metal Finishing
Pigments
Wood Preservative
Leather Tanning
Others






Sodium Dichromate Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America

Sodium Dichromate Market Key Players are:

• Elementis plc (U.K)
• Soda Sanayii (Turkey)
• Lanxess (Germany)
• Nippon Chemi-Con Corporation (Japan)
• Yin He Holdings Limited (Hong Kong)
• Sichuan Chemical Group Co., Ltd (China)
• Vishnu Chemicals (India)
• Haining Peace Chemical Co., Ltd (China)
• ELEMENTIS CHROMIUM, LP
• Gansu Qiyuan Chromate-Chemical Production Co., Limited (China)
• Tianjin Mingyang Chemical Industry Co., Ltd (China).
• Vishnu Chemicals
• Occidental Chemical Corporation (Oxychem-Castle Hayne Plant)
• Tianjin Bohai Chemical Industry Group

Frequently Asked Questions:

1. Which region has the largest share in Global Sodium Dichromate Market?
Ans: Europe region held the highest share in 2023.

2. What is the growth rate of Global Sodium Dichromate Market?
Ans: The Global Sodium Dichromate Market is growing at a CAGR of 4.6% during forecasting period 2024-2030.

3. What is scope of the Global Sodium Dichromate market report?
Ans: Global Sodium Dichromate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Sodium Dichromate market?
Ans: The important key players in the Global Sodium Dichromate Market are – Elementis plc (U.K), Soda Sanayii (Turkey), Lanxess (Germany), Nippon Chemi-Con Corporation (Japan), Yin He Holdings Limited (Hong Kong), Sichuan Chemical Group Co., Ltd (China), Vishnu Chemicals (India), Haining Peace Chemical Co., Ltd (China), ELEMENTIS CHROMIUM, LP, Gansu Qiyuan Chromate-Chemical Production Co., Limited (China), Tianjin Mingyang Chemical Industry Co., Ltd (China)., Vishnu Chemicals, Occidental Chemical Corporation (Oxychem-Castle Hayne Plant), and Tianjin Bohai Chemical Industry Group

5. What is the study period of this market?
Ans: The Global Sodium Dichromate Market is studied from 2024 to 2030. 




Global Sodium Dichromate 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 Sodium Dichromate Market, by Market Value (US$ Bn)

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

5. Supply Side and Demand Side Indicators

6. Global Sodium Dichromate Market Analysis and Forecast
6.1. Global Sodium Dichromate 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 Sodium Dichromate Market Analysis and Forecast, by Application
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Sodium Dichromate Market Value Share Analysis, by Application
7.4. Global Sodium Dichromate Market Size (US$ Bn) Forecast, by Application
7.5. Global Sodium Dichromate Market Analysis, by Application
7.6. Global Sodium Dichromate Market Attractiveness Analysis, by Application

8. Global Sodium Dichromate Market Analysis, by Region
8.1. Global Sodium Dichromate Market Value Share Analysis, by Region
8.2. Global Sodium Dichromate Market Size (US$ Bn) Forecast, by Region
8.3. Global Sodium Dichromate Market Attractiveness Analysis, by Region

9. North America Sodium Dichromate Market Analysis
9.1. Key Findings
9.2. North America Sodium Dichromate Market Overview
9.3. North America Sodium Dichromate Market Value Share Analysis, by Application
9.4. North America Sodium Dichromate Market Forecast, by Application
9.4.1. Metal Finishing
9.4.2. Pigments
9.4.3. Wood Preservative
9.4.4. Leather Tanning
9.4.5. Others
9.5. North America Sodium Dichromate Market Value Share Analysis, by Country
9.6. North America Sodium Dichromate Market Forecast, by Country
9.6.1. U.S.
9.6.2. Canada
9.7. North America Sodium Dichromate Market Analysis, by Country
9.8. U.S. Sodium Dichromate Market Forecast, by Application
9.8.1. Metal Finishing
9.8.2. Pigments
9.8.3. Wood Preservative
9.8.4. Leather Tanning
9.8.5. Others
9.9. Canada Sodium Dichromate Market Forecast, by Application
9.9.1. Metal Finishing
9.9.2. Pigments
9.9.3. Wood Preservative
9.9.4. Leather Tanning
9.9.5. Others
9.10. North America Sodium Dichromate Market Attractiveness Analysis
9.10.1. By Application
9.11. PEST Analysis
9.12. Key Trends
9.13. Key Development

10. Europe Sodium Dichromate Market Analysis
10.1. Key Findings
10.2. Europe Sodium Dichromate Market Overview
10.3. Europe Sodium Dichromate Market Value Share Analysis, by Application
10.4. Europe Sodium Dichromate Market Forecast, by Application
10.4.1. Metal Finishing
10.4.2. Pigments
10.4.3. Wood Preservative
10.4.4. Leather Tanning
10.4.5. Others
10.5. Europe Sodium Dichromate Market Value Share Analysis, by Country
10.6. Europe Sodium Dichromate Market Forecast, by Country
10.6.1. Germany
10.6.2. U.K.
10.6.3. France
10.6.4. Italy
10.6.5. Spain
10.6.6. Rest of Europe
10.7. Europe Sodium Dichromate Market Analysis, by Country
10.8. Germany Sodium Dichromate Market Forecast, by Application
10.8.1. Metal Finishing
10.8.2. Pigments
10.8.3. Wood Preservative
10.8.4. Leather Tanning
10.8.5. Others
10.9. U.K. Sodium Dichromate Market Forecast, by Application
10.9.1. Metal Finishing
10.9.2. Pigments
10.9.3. Wood Preservative
10.9.4. Leather Tanning
10.9.5. Others
10.10. France Sodium Dichromate Market Forecast, by Application
10.10.1. Metal Finishing
10.10.2. Pigments
10.10.3. Wood Preservative
10.10.4. Leather Tanning
10.10.5. Others
10.11. Italy Sodium Dichromate Market Forecast, by Application
10.11.1. Metal Finishing
10.11.2. Pigments
10.11.3. Wood Preservative
10.11.4. Leather Tanning
10.11.5. Others
10.12. Spain Sodium Dichromate Market Forecast, by Application
10.12.1. Metal Finishing
10.12.2. Pigments
10.12.3. Wood Preservative
10.12.4. Leather Tanning
10.12.5. Others
10.13. Rest of Europe Sodium Dichromate Market Forecast, by Application
10.13.1. Metal Finishing
10.13.2. Pigments
10.13.3. Wood Preservative
10.13.4. Leather Tanning
10.13.5. Others
10.14. Europe Sodium Dichromate Market Attractiveness Analysis
10.14.1. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Asia Pacific Sodium Dichromate Market Analysis
11.1. Key Findings
11.2. Asia Pacific Sodium Dichromate Market Overview
11.3. Asia Pacific Sodium Dichromate Market Value Share Analysis, by Application
11.4. Asia Pacific Sodium Dichromate Market Forecast, by Application
11.4.1. Metal Finishing
11.4.2. Pigments
11.4.3. Wood Preservative
11.4.4. Leather Tanning
11.4.5. Others
11.5. Asia Pacific Sodium Dichromate Market Value Share Analysis, by Country
11.6. Asia Pacific Sodium Dichromate Market Forecast, by Country
11.6.1. China
11.6.2. India
11.6.3. Japan
11.6.4. ASEAN
11.6.5. Rest of Asia Pacific
11.7. Asia Pacific Sodium Dichromate Market Analysis, by Country
11.8. China Sodium Dichromate Market Forecast, by Application
11.8.1. Metal Finishing
11.8.2. Pigments
11.8.3. Wood Preservative
11.8.4. Leather Tanning
11.8.5. Others
11.9. India Sodium Dichromate Market Forecast, by Application
11.9.1. Metal Finishing
11.9.2. Pigments
11.9.3. Wood Preservative
11.9.4. Leather Tanning
11.9.5. Others
11.10. Japan Sodium Dichromate Market Forecast, by Application
11.10.1. Metal Finishing
11.10.2. Pigments
11.10.3. Wood Preservative
11.10.4. Leather Tanning
11.10.5. Others
11.11. ASEAN Sodium Dichromate Market Forecast, by Application
11.11.1. Metal Finishing
11.11.2. Pigments
11.11.3. Wood Preservative
11.11.4. Leather Tanning
11.11.5. Others
11.12. Rest of Asia Pacific Sodium Dichromate Market Forecast, by Application
11.12.1. Metal Finishing
11.12.2. Pigments
11.12.3. Wood Preservative
11.12.4. Leather Tanning
11.12.5. Others
11.13. Asia Pacific Sodium Dichromate Market Attractiveness Analysis
11.13.1. By Application
11.14. PEST Analysis
11.15. Key Trends
11.16. Key Development

12. Middle East & Africa Sodium Dichromate Market Analysis
12.1. Key Findings
12.2. Middle East & Africa Sodium Dichromate Market Overview
12.3. Middle East & Africa Sodium Dichromate Market Value Share Analysis, by Application
12.4. Middle East & Africa Sodium Dichromate Market Forecast, by Application
12.4.1. Metal Finishing
12.4.2. Pigments
12.4.3. Wood Preservative
12.4.4. Leather Tanning
12.4.5. Others
12.5. Middle East & Africa Sodium Dichromate Market Value Share Analysis, by Country
12.6. Middle East & Africa Sodium Dichromate Market Forecast, by Country
12.6.1. GCC
12.6.2. South Africa
12.6.3. Rest of Middle East & Africa
12.7. Middle East & Africa Sodium Dichromate Market Analysis, by Country
12.8. GCC Sodium Dichromate Market Forecast, by Application
12.8.1. Metal Finishing
12.8.2. Pigments
12.8.3. Wood Preservative
12.8.4. Leather Tanning
12.8.5. Others
12.9. South Africa Sodium Dichromate Market Forecast, by Application
12.9.1. Metal Finishing
12.9.2. Pigments
12.9.3. Wood Preservative
12.9.4. Leather Tanning
12.9.5. Others
12.10. Rest of Middle East & Africa Sodium Dichromate Market Forecast, by Application
12.10.1. Metal Finishing
12.10.2. Pigments
12.10.3. Wood Preservative
12.10.4. Leather Tanning
12.10.5. Others
12.11. Middle East & Africa Sodium Dichromate Market Attractiveness Analysis
12.11.1. By Application
12.12. PEST Analysis
12.13. Key Trends
12.14. Key Development

13. South America Sodium Dichromate Market Analysis
13.1. Key Findings
13.2. South America Sodium Dichromate Market Overview
13.3. South America Sodium Dichromate Market Value Share Analysis, by Application
13.4. South America Sodium Dichromate Market Forecast, by Application
13.4.1. Metal Finishing
13.4.2. Pigments
13.4.3. Wood Preservative
13.4.4. Leather Tanning
13.4.5. Others
13.5. South America Sodium Dichromate Market Value Share Analysis, by Country
13.6. South America Sodium Dichromate Market Forecast, by Country
13.6.1. Brazil
13.6.2. Mexico
13.6.3. Rest of South America
13.7. South America Sodium Dichromate Market Analysis, by Country
13.8. Brazil Sodium Dichromate Market Forecast, by Application
13.8.1. Metal Finishing
13.8.2. Pigments
13.8.3. Wood Preservative
13.8.4. Leather Tanning
13.8.5. Others
13.9. Mexico Sodium Dichromate Market Forecast, by Application
13.9.1. Metal Finishing
13.9.2. Pigments
13.9.3. Wood Preservative
13.9.4. Leather Tanning
13.9.5. Others
13.10. Rest of South America Sodium Dichromate Market Forecast, by Application
13.10.1. Metal Finishing
13.10.2. Pigments
13.10.3. Wood Preservative
13.10.4. Leather Tanning
13.10.5. Others
13.11. South America Sodium Dichromate Market Attractiveness Analysis
13.11.1. By Application
13.12. PEST Analysis
13.13. Key Trends
13.14. Key Development

14. Company Profiles
14.1. Market Share Analysis, by Company
14.2. Competition Matrix
14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
14.2.2. New Product Launches and Product Enhancements
14.2.3. Market Consolidation
14.2.3.1. M&A by Regions, Investment and Applications
14.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
14.3. Company Profiles: Key Players
14.3.1. Elementis plc (U.K)
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Business Strategy
14.3.1.5. Recent Developments
14.3.1.6. Company Footprint
14.3.2. Soda Sanayii (Turkey)
14.3.3. Lanxess (Germany)
14.3.4. Nippon Chemi-Con Corporation (Japan)
14.3.5. Yin He Holdings Limited (Hong Kong)
14.3.6. Sichuan Chemical Group Co., Ltd (China)
14.3.7. Vishnu Chemicals (India)
14.3.8. Haining Peace Chemical Co., Ltd (China)
14.3.9. ELEMENTIS CHROMIUM, LP
14.3.10. Gansu Qiyuan Chromate-Chemical Production Co., Limited (China)
14.3.11. Tianjin Mingyang Chemical Industry Co., Ltd (China).
14.3.12. Vishnu Chemicals
14.3.13. Occidental Chemical Corporation (Oxychem-Castle Hayne Plant)
14.3.14. Tianjin Bohai Chemical Industry Group
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