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Chromium Mining Market Forecast to 2033

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    Report

  • 100 Pages
  • October 2025
  • Region: Global
  • Grand View Research
  • ID: 6189351
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Description Jump to:
The global chromium mining market size was valued at USD 4.28 billion in 2024 and is projected to reach USD 7.27 billion by 2033, growing at a CAGR of 6.0% from 2025 to 2033. The industry is witnessing strong growth due to the rising demand for stainless steel globally.

Chromium is a critical element in stainless steel production, as it enhances corrosion resistance and provides mechanical strength. The surge in urbanization and industrialization in developing nations such as India, China, and Indonesia has led to large-scale construction and infrastructure projects. These activities have increased the need for stainless steel in buildings, bridges, and pipelines, boosting the demand for chromite ore used in ferrochrome production. As global stainless steel output expands, mining companies are investing in new exploration and extraction projects to meet the growing raw material requirements.

Another major growth driver is the rising use of chromium in automotive, aerospace, and heavy machinery industries. Chromium-containing alloys are essential in manufacturing vehicle components, aircraft engines, and industrial equipment because they offer superior resistance to wear, heat, and corrosion. The global shift toward lightweight and high-performance applications in the automotive sector has increased preference for stainless steel and specialty alloys containing chromium. In the aerospace industry, chromium is used in turbine blades, structural components, and engine casings to withstand extreme operating conditions. These industrial applications continue to create strong and steady demand for chromium mining operations.

Global Chromium Mining Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the global chromium mining market report on the basis of application, product, and region.
  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021-2033)
  • Metallurgical
  • Refractory
  • Others
  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021-2033)
  • Ferrochrome
  • Chromite Ore
  • Chemicals
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021-2033)
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Why You Should Buy This Report

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

Report Deliverables

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Data Analysis Models
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Application Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Industry Trends
3.6.1. ESG Analysis
3.6.2. Economic Trends
3.7. Porter’s Five Forces Analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of Substitution
3.7.4. Threat of New Entrants
3.7.5. Competitive Rivalry
3.8. PESTLE Analysis
3.8.1. Political
3.8.2. Economic
3.8.3. Social Landscape
3.8.4. Technology
3.8.5. Environmental
3.8.6. Legal
Chapter 4. Chromium Mining Market: Application Estimates & Trend Analysis
4.1. Chromium Mining Market: Application Movement Analysis, 2024 & 2033
4.2. Metallurgical
4.2.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
4.3. Refractory
4.3.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
4.4. Others
4.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
Chapter 5. Chromium Mining Market: Product Estimates & Trend Analysis
5.1. Chromium Mining Market: Product Movement Analysis, 2024 & 2033
5.2. Ferrochrome
5.2.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
5.3. Chromite Ore
5.3.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
5.4. Chemicals
5.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
Chapter 6. Chromium Mining Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2024 & 2033
6.2. Europe
6.2.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.2.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.2.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.2.4. Germany
6.2.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.2.4.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.2.4.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.2.5. UK
6.2.5.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.2.5.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.2.5.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.2.6. France
6.2.6.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.2.6.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.2.6.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.3. Asia-Pacific
6.3.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.3.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.3.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.3.4. China
6.3.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.3.4.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.3.4.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.3.5. India
6.3.5.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.3.5.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.3.5.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.3.6. Japan
6.3.6.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.3.6.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.3.6.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.4. Latin America
6.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.4.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.4.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.4.4. Brazil
6.4.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.4.4.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.4.4.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.5. Middle East & Africa
6.5.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.5.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.5.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.5.4. Saudi Arabia
6.5.4.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.5.4.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.5.4.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
6.5.5. UAE
6.5.5.1. Market estimates and forecasts, 2021-2033 (USD Million) (Kilotons)
6.5.5.2. Market estimates and forecasts, by product, 2021-2033 (USD Million) (Kilotons)
6.5.5.3. Market estimates and forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Heat Map Analysis
7.4. Vendor Landscape
7.4.1. List of distributors
7.5. List of prospective end-users
7.6. Strategy Initiatives
7.7. Company Profiles/Listing
7.7.1. Samancor Chrome
7.7.1.1. Company Overview
7.7.1.2. Financial Performance
7.7.1.3. Product Benchmarking
7.7.2. KWG Resources Inc.
7.7.2.1. Company Overview
7.7.2.2. Financial Performance
7.7.2.3. Product Benchmarking
7.7.3. Noront Resources Ltd.
7.7.3.1. Company Overview
7.7.3.2. Financial Performance
7.7.3.3. Product Benchmarking
7.7.4. Outokumpu Oyj
7.7.4.1. Company Overview
7.7.4.2. Financial Performance
7.7.4.3. Product Benchmarking
7.7.5. AFARAK Group PLC
7.7.5.1. Company Overview
7.7.5.2. Financial Performance
7.7.5.3. Product Benchmarking
7.7.6. Eurasian Resources Group
7.7.6.1. Company Overview
7.7.6.2. Financial Performance
7.7.6.3. Product Benchmarking
7.7.7. Glencore Plc
7.7.7.1. Company Overview
7.7.7.2. Financial Performance
7.7.7.3. Product Benchmarking
7.7.8. Tharisa Plc
7.7.8.1. Company Overview
7.7.8.2. Financial Performance
7.7.8.3. Product Benchmarking
7.7.9. Tata Steel Mining Ltd.
7.7.9.1. Company Overview
7.7.9.2. Financial Performance
7.7.9.3. Product Benchmarking
7.7.10. DEV Mining Company
7.7.10.1. Company Overview
7.7.10.2. Financial Performance
7.7.10.3. Product Benchmarking
List of Tables
Table 1 Chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 2 Chromium mining market estimates and forecasts, in metallurgical, 2021-2033 (USD Million) (Kilotons)
Table 3 Chromium mining market estimates and forecasts, in refractory, 2021-2033 (USD Million) (Kilotons)
Table 4 Chromium mining market estimates and forecasts, in others, 2021-2033 (USD Million) (Kilotons)
Table 5 Chromium mining market estimates and forecasts, in ferrochrome, 2021-2033 (USD Million) (Kilotons)
Table 6 Chromium mining market estimates and forecasts, in chromite ore, 2021-2033 (USD Million) (Kilotons)
Table 7 Chromium mining market estimates and forecasts, in chemicals, 2021-2033 (USD Million) (Kilotons)
Table 8 Europe chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 9 Europe chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 10 Europe chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 11 Germany chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 12 Germany chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 13 Germany chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 14 France chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 15 France chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 16 France chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 17 UK chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 18 UK chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 19 UK chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 20 Asia-Pacific chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 21 Asia-Pacific chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 22 Asia-Pacific chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 23 China chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 24 China chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 25 China chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 26 India chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 27 India chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 28 India chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 29 Japan chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 30 Japan chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 31 Japan chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 32 Japan chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 33 Latin America chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 34 Latin America chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 35 Latin America chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 36 Brazil chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 37 Brazil chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 38 Brazil chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 39 Middle East & Africa chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 40 Middle East & Africa chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 41 Middle East & Africa chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 42 Saudi Arabia chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 43 Saudi Arabia chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 44 Saudi Arabia chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
Table 45 UAE chromium mining market estimates & forecasts, 2021-2033 (USD Million) (Kilotons)
Table 46 UAE chromium mining market estimates & forecasts, by product, 2021-2033 (USD Million) (Kilotons)
Table 47 UAE chromium mining market estimates & forecasts, by application, 2021-2033 (USD Million) (Kilotons)
List of Figures
Figure 1 Market segmentation
Figure 2 Information procurement
Figure 3 Data analysis models
Figure 4 Market formulation and validation
Figure 5 Market snapshot
Figure 6 Segmental outlook
Figure 7 Competitive outlook
Figure 8 Chromium mining market outlook, 2021-2033 (USD Million) (Kilotons)
Figure 9 Value chain analysis
Figure 10 Market dynamics
Figure 11 Porter’s analysis
Figure 12 PESTEL analysis
Figure 13 Chromium mining market, by application: Key takeaways
Figure 14 Chromium mining market, by application: Market share, 2024 & 2033
Figure 15 Chromium mining market, by product: Key takeaways
Figure 16 Chromium mining market, by product: Market share, 2024 & 2033
Figure 17 Chromium mining market: Regional analysis, 2024
Figure 18 Chromium mining market, by region: Key takeaways

Companies Mentioned

The companies profiled in this Chromium Mining market report include:
  • AFARAK Group PLC
  • DEV Mining Company
  • Eurasian Resources Group
  • Glencore Plc
  • KWG Resources Inc.
  • Noront Resources Ltd.
  • Outokumpu Oyj
  • Tata Steel Mining Ltd.
  • Tharisa Plc
  • Samancor Chrome

Table Information

Report AttributeDetails
No. of Pages100
PublishedOctober 2025
Forecast Period2024 - 2033
Estimated Market Value ( USD ) in 2024 $ 4.28 Billion
Forecasted Market Value ( USD ) by 2033 $ 7.27 Billion
Compound Annual Growth Rate6.0%
Regions CoveredGlobal
No. of Companies Mentioned11

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