China is expected to remain on the vanguard in the consumption of both steel as well as chromium carbide, in the steel sector. The rapid development of the infrastructure and major industrial activities in the mining, energy, steel, and cement sectors in the country is anticipated to fuel demand for specific industrial equipment requiring chromium carbide as the raw material, and thereby drive chromium carbide market growth. The production of chromium carbide overlay plates used in steel industry applications such as those in coke vibrating screen plates, fan blade, apart from cutting tool, blast furnace liners, machining tool and welding electrodes are the key end uses of chromium carbide in the steel industry.
There has been speedy growth in mining, construction, and the energy sectors such as power and oil and gas owing to the growing demand for fuel sources, metals, and housing and infrastructure requirements across geographies, especially in China and developing countries in the SEA & rest of Asia Pacific. This has been deciphering into higher demand for mining, power and oil and gas equipment as well as devices used in steel, cement, glass, pulp and paper and the construction industries. This, in turn, has been causing a rise in the demand for chromium carbide overlay plates and other products which improve the equipment life and efficiency, thereby reducing maintenance costs and downtime of the equipment. Thereby, the mounting size of these core industry sectors has been proving to be instrumental to the growth of the chromium carbide market. Some important applications of overlay products include fan blades, shovel buckets, dragline buckets, hopper liners, dozer skins, loader buckets, housing liners, and spiral conveyors.
The global Chromium Carbide market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Chromium Carbide volume and value at global level, regional level and company level. From a global perspective, this report represents overall Chromium Carbide market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
OC Oerlikon
H.C. Starck
Praxair S.T. Technology
Sigma-Aldrich
Alfa Aesar
Strem Chemicals
Changsha Langfeng Metallic Material
Reade International
NewMet
ESPICorp
Nanoshel
LTS Research Laboratories
American Elements
Inframat
ZhuZhou GuangYuan Cemented Material
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Powder
Block
Others
Segment by Application
Mining
Energy
Cement
Steel
Pulp & Paper
Glass
Others
Summary:
Get latest Market Research Reports on Chromium Carbide. Industry analysis & Market Report on Chromium Carbide is a syndicated market report, published as Global Chromium Carbide Market Research Report 2019. It is complete Research Study and Industry Analysis of Chromium Carbide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.