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Global Chromium Market by Type (Hexavalent Chromium, Trivalent Chromium), Application (Chrome Plating, Dyes & Paints, Metal Ceramics), End-use - Forecast 2024-2030

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    Report

  • 186 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5925090
UP TO OFF until Dec 31st 2024
1h Free Analyst Time
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The Chromium Market size was estimated at USD 25.05 billion in 2023, USD 26.36 billion in 2024, and is expected to grow at a CAGR of 5.45% to reach USD 36.34 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Chromium Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Chromium Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Chromium Market, highlighting leading vendors and their innovative profiles. These include ACI Alloys, Inc., AD International B.V., Al Tamman Indsil FerroChrome L.L.C, Anyang Wanhua Metal Material Co.,Ltd., Balasore Alloys Limited, Belmont Metals Inc., Chemlock Nutrition, Chongqing Changyuan Group Limited, Edgetech Industries LLC, Eti Elektrometalurji AS, Eurasian Resources Group S. à r.l., Exotech, Glencore PLC, JFE Mineral Co., Ltd., McGean-Rohco Inc., MM Metals USA LLC, Nippon Chemical Industrial Co., Ltd., Noah Chemicals, Inc., Orissa Mining Corporation, ProChem, Inc., R. D. Mathis Company, Reade International Corp., Samancor Chrome Holdings Proprietary Limited, Tata Steel Mining Limited, The Shepherd Material Science Company, and Winfred International Metal limited.

Market Segmentation & Coverage

This research report categorizes the Chromium Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Hexavalent Chromium
    • Trivalent Chromium
  • Application
    • Chrome Plating
    • Dyes & Paints
    • Metal Ceramics
    • Refractory Materials
    • Synthetic Rubies
  • End-use
    • Aerospace
    • Automotive
    • Construction
    • Electronics
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers 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 of the Chromium Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Chromium Market?
  3. What are the technology trends and regulatory frameworks in the Chromium Market?
  4. What is the market share of the leading vendors in the Chromium Market?
  5. Which modes and strategic moves are suitable for entering the Chromium Market?

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

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. Chromium Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising usage and production of stainless steel
5.1.1.2. Increasing use of chromium compounds for industrial catalysts and pigments
5.1.2. Restraints
5.1.2.1. Fluctuations in the raw material prices
5.1.3. Opportunities
5.1.3.1. Technological advancements in the manufacturing of chromium
5.1.3.2. Emerging utilization of chromium in the medical industry
5.1.4. Challenges
5.1.4.1. Concerns associated with exposure to chemicals and adverse health effects
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. Chromium Market, by Type
6.1. Introduction
6.2. Hexavalent Chromium
6.3. Trivalent Chromium
7. Chromium Market, by Application
7.1. Introduction
7.2. Chrome Plating
7.3. Dyes & Paints
7.4. Metal Ceramics
7.5. Refractory Materials
7.6. Synthetic Rubies
8. Chromium Market, by End-use
8.1. Introduction
8.2. Aerospace
8.3. Automotive
8.4. Construction
8.5. Electronics
9. Americas Chromium Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Chromium Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Chromium Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ACI Alloys, Inc.
13.1.2. AD International B.V.
13.1.3. Al Tamman Indsil FerroChrome L.L.C
13.1.4. Anyang Wanhua Metal Material Co.,Ltd.
13.1.5. Balasore Alloys Limited
13.1.6. Belmont Metals Inc.
13.1.7. Chemlock Nutrition
13.1.8. Chongqing Changyuan Group Limited
13.1.9. Edgetech Industries LLC
13.1.10. Eti Elektrometalurji AS
13.1.11. Eurasian Resources Group S. à r.l.
13.1.12. Exotech
13.1.13. Glencore PLC
13.1.14. JFE Mineral Co., Ltd.
13.1.15. McGean-Rohco Inc.
13.1.16. MM Metals USA LLC
13.1.17. Nippon Chemical Industrial Co., Ltd.
13.1.18. Noah Chemicals, Inc.
13.1.19. Orissa Mining Corporation
13.1.20. ProChem, Inc.
13.1.21. R. D. Mathis Company
13.1.22. Reade International Corp.
13.1.23. Samancor Chrome Holdings Proprietary Limited
13.1.24. Tata Steel Mining Limited
13.1.25. The Shepherd Material Science Company
13.1.26. Winfred International Metal limited
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. CHROMIUM MARKET RESEARCH PROCESS
FIGURE 2. CHROMIUM MARKET SIZE, 2023 VS 2030
FIGURE 3. CHROMIUM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CHROMIUM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CHROMIUM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CHROMIUM MARKET DYNAMICS
FIGURE 7. CHROMIUM MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. CHROMIUM MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CHROMIUM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. CHROMIUM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CHROMIUM MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 12. CHROMIUM MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CHROMIUM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CHROMIUM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CHROMIUM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CHROMIUM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CHROMIUM MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • ACI Alloys, Inc.
  • AD International B.V.
  • Al Tamman Indsil FerroChrome L.L.C
  • Anyang Wanhua Metal Material Co.,Ltd.
  • Balasore Alloys Limited
  • Belmont Metals Inc.
  • Chemlock Nutrition
  • Chongqing Changyuan Group Limited
  • Edgetech Industries LLC
  • Eti Elektrometalurji AŞ
  • Eurasian Resources Group S. à r.l.
  • Exotech
  • Glencore PLC
  • JFE Mineral Co., Ltd.
  • McGean-Rohco Inc.
  • MM Metals USA LLC
  • Nippon Chemical Industrial Co., Ltd.
  • Noah Chemicals, Inc.
  • Orissa Mining Corporation
  • ProChem, Inc.
  • R. D. Mathis Company
  • Reade International Corp.
  • Samancor Chrome Holdings Proprietary Limited
  • Tata Steel Mining Limited
  • The Shepherd Material Science Company
  • Winfred International Metal limited

Methodology

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