It is the acidic anhydride of chromic acid, and is sometimes marketed under the same name. This compound is a dark-purple solid under anhydrous conditions, bright orange when wet and which dissolves in water concomitant with hydrolysis. Millions of kilograms are produced annually, mainly for electroplating. Chromium trioxide is a powerful oxidiser and a suspected carcinogen.
Chromium Trioxide industry is highly concentrated, the manufacturers have high bargaining power over downstream users. Also, target client are mainly small and medium sized players.Leading suppliers in the industry are Lanxess, Soda Sanayii, Elementis, Hunter Chemical, Aktyubinsk, MidUral Group, NPCC, Zhenhua Chemical, Yinhe Chemical, etc.
Rising demand from the packaging industry in BRICS countries is expected to be one of the major factors driving the global Chromium Trioxide market. In addition, the necessary demand for metal products is the fundamental power for the development of chromium trioxide market.
According to this study, over the next five years the Chromium Trioxide market will register a 0.2% CAGR in terms of revenue, the global market size will reach US$ 550 million by 2024, from US$ 550 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Chromium Trioxide business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Chromium Trioxide market by product type, application, key manufacturers and key regions and countries.
This study considers the Chromium Trioxide value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Purity 99.7%
Purity 99.8%
Purity 99.9%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Printing and Dyeing Industry
Electroplating Industry
Wood Preservation
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Lanxess
Soda Sanayii
Elementis
Hunter Chemical LLC
Aktyubinsk
MidUral Group
NPCC
Vishnu
Nippon Chem
Zhenhua Chemical
Yinhe Chemical
Chongqing Minfeng Chemical
Haining Peace Chemical
Zhonglan Yima Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Chromium Trioxide consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Chromium Trioxide market by identifying its various subsegments.
Focuses on the key global Chromium Trioxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Chromium Trioxide with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Chromium Trioxide submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Chromium Trioxide . Industry analysis & Market Report on Chromium Trioxide is a syndicated market report, published as Global Chromium Trioxide Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Chromium Trioxide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.