Chrome Chemicals Market by Type, End-Use - Global Forecast 2023-2030

List of Tables

The Chrome Chemicals Market is projected to reach USD 13.95 billion by 2030 from USD 7.42 billion in 2022, at a CAGR of 8.21% during the forecast period.

Global Chrome Chemicals Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 7.42 billion
Estimated Year Value [2023]	USD 8.00 billion
Forecast Year Value [2030]	USD 13.95 billion
CAGR (%)	8.21%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Chrome Chemicals Market.

Based on Type, market is studied across Chrome Sulphate, Chromic Acid, Chromic Oxide, and Chromium Chloride. The Chromic Oxide commanded largest market share of 28.92% in 2022, followed by Chrome Sulphate.

Based on End-Use, market is studied across Chemical, Healthcare & Pharmaceuticals, Leather, Paints & Coatings, and Textile. The Paints & Coatings commanded largest market share of 30.42% in 2022, followed by Chemical.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 44.43% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Chrome Chemicals Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Chrome Chemicals Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Chrome Chemicals Market, highlighting leading vendors and their innovative profiles. These include AD International B.V., Aldon Corporation, Brother Enterprises Holding Co., Ltd., CATHAY INDUSTRIES, China National Bluestar (Group) Co. , Ltd., Chongqing Minfeng Chemical Co., Ltd., Chrome Star Chemical Works, Hebei Chromate Chemical Co.Ltd,, Hubei Zhenhua Chemical CO., LTD, Hunter Chemical, LLC, Hwatsi Chemical Private Limited, Luoyang Zhengjie New Material Technology Co., Ltd., M.S. Chemicals, McGean, Merck KGaA, MidUral Group, Muby Chemicals, Nilkanth Organics, NIPPON CHEMICAL INDUSTRIAL CO.,LTD., Noah Chemicals, Inc., ProChem, Inc., Rishab Intermediates Pvt. Ltd., Sam Industries, Sichuan Yinhe Chemical Co., Ltd., Sun Chemical Group Cooperatief U.A. by DIC Corporation, Sun Industries, Suvchem, Vishnu Chemicals, YILDIRIM Group, and Sisecam.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Chrome Chemicals Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Chrome Chemicals Market?

3. What is the competitive strategic window for identifying opportunities in the Chrome Chemicals Market?

4. What are the latest technology trends and regulatory frameworks in the Chrome Chemicals Market?

5. What is the market share of the leading vendors in the Chrome Chemicals Market?

6. Which modes and strategic moves are suitable for entering the Chrome Chemicals Market?

Product Code: MRR-27275AA13820

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Chrome Chemicals Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for chrome chemicals from the leather industry
  - 5.1.1.2. Growing construction and infrastructure activities worldwide
  - 5.1.1.3. Increasing usage in automotive coatings, plating, and metal treatment processes
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating prices of chrome chemicals
- 5.1.3. Opportunities
  - 5.1.3.1. Rising R&D activities to develop chrome chemicals with enhanced properties
  - 5.1.3.2. Increasing preference for chrome pigments across the paint & coatings industry
- 5.1.4. Challenges
  - 5.1.4.1. Health and safety concerns associated with chrome chemicals
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Chrome Chemicals Market, by Type

6.1. Introduction
6.2. Chrome Sulphate
6.3. Chromic Acid
6.4. Chromic Oxide
6.5. Chromium Chloride

7. Chrome Chemicals Market, by End-Use

7.1. Introduction
7.2. Chemical
7.3. Healthcare & Pharmaceuticals
7.4. Leather
7.5. Paints & Coatings
7.6. Textile

8. Americas Chrome Chemicals Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Chrome Chemicals Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Chrome Chemicals Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. Yildirim Group Signs The Acquisition Agreement of Elementis Chromium
- 11.3.2. Award, Recognition, & Expansion
  - 11.3.2.1. Vishnu Chemicals Expands to Americas

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. AD International B.V.
- 12.1.2. Aldon Corporation
- 12.1.3. Brother Enterprises Holding Co., Ltd.
- 12.1.4. CATHAY INDUSTRIES
- 12.1.5. China National Bluestar (Group) Co. , Ltd.
- 12.1.6. Chongqing Minfeng Chemical Co., Ltd.
- 12.1.7. Chrome Star Chemical Works
- 12.1.8. Hebei Chromate Chemical Co.Ltd,
- 12.1.9. Hubei Zhenhua Chemical CO., LTD
- 12.1.10. Hunter Chemical, LLC
- 12.1.11. Hwatsi Chemical Private Limited
- 12.1.12. Luoyang Zhengjie New Material Technology Co., Ltd.
- 12.1.13. M.S. Chemicals
- 12.1.14. McGean
- 12.1.15. Merck KGaA
- 12.1.16. MidUral Group
- 12.1.17. Muby Chemicals
- 12.1.18. Nilkanth Organics
- 12.1.19. NIPPON CHEMICAL INDUSTRIAL CO.,LTD.
- 12.1.20. Noah Chemicals, Inc.
- 12.1.21. ProChem, Inc.
- 12.1.22. Rishab Intermediates Pvt. Ltd.
- 12.1.23. Sam Industries
- 12.1.24. Sichuan Yinhe Chemical Co., Ltd.
- 12.1.25. Sun Chemical Group Cooperatief U.A. by DIC Corporation
- 12.1.26. Sun Industries
- 12.1.27. Suvchem
- 12.1.28. Vishnu Chemicals
- 12.1.29. YILDIRIM Group
- 12.1.30. Sisecam
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing