Chromium Oxide Market Size Growing Rapidly, Report Includes Market Dynamics, Key Opportunities and Forecast 2027

Chromium oxide (Cr2O3) is a compound and one of the foremost oxides of chromium. It happens naturally as a rare mineral, eskolaite. It finds application in coatings due to its glorious resistance to wear, abrasion, corrosion, and chemicals. Additionally, the chromium oxide pigments notice a good vary of applications on account of wonderful dispensability and heat stability, weather fastness, concealing power, and batch-to-batch uniformity offered by the pigments.

Chromium oxide pigments play a significant role within the major industries like plastics, building & construction, and refractory. In the industry, they’re used for coloring plastics consistent with the necessities like smart dispensability (easy to distribute thus on reach their final coloring strength quickly), high thermal stability, high levels of lightfastness (property showing however proof against weakening it’s once exposed to light), and weather stability. These pigments are appropriate for coloring most styles of plastics, together with phenyl ethylene, nitrile butadiene styrene (ABS), engineering polymers, PVC, and polyolefin. They’re applied to packaging materials, plastic tubes employed in the construction business, automobile cockpits, pipes and connector elements, and plastics utilized in the electrical industry.

The Global Chromium Oxide Market is expected to exceed more than US$ 3.25 Billion by 2024 at a CAGR of 5.13% in the given forecast period.

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The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Chromium Oxide market share. Major industry players with significant revenue share include Soda Sanayii, Lanxess, Hunter Chemical, Sun Chemical, Huntsman (Venator), Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, HuangshiZhenhua Chemical, BlueStar Yima Chrome Chemical Materials, Hebei Chromate Chemical, and others.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The global Chromium Oxide market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Chromium Oxide market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

The global Chromium Oxide market is segregated on the basis of Application as Coating, Ceramics, Rubber, Metallurgy, and Other. Based on Type the global Chromium Oxide market is segmented in Pigment Grade, Metallurgical Grade, and Refractory Grade.

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In the building, chemical compound pigments are the best solution for coloring building materials, concrete, and other construction materials. They’re proof against lime and alkalis, insoluble in water and dilute acids, and extremely resistant to weather owing to the chemical composition and structure. Chromium oxide may be a green crystal powder with high covering strength, temperature resistant, and glorious sunlight fastness. They provide high coloring strength, color consistency, smart dispersion, and weather stability.

Reasons to Buy this Report:

  • Gain detailed insights on the Chromium Oxide industry trends
  • Find complete analysis on the market status
  • Identify the Chromium Oxide market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

Soda Sanayii, Lanxess, Hunter Chemical, Sun Chemical, Huntsman (Venator), Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, HuangshiZhenhua Chemical, BlueStar Yima Chrome Chemical Materials, Hebei Chromate Chemical, and others are among the major players in the global Chromium Oxide market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Chromium Oxide Market has been segmented as below:

The Chromium Oxide Marketis segmented on the lines ofChromium Oxide Market, By Application, Chromium Oxide Market, By Type, Chromium Oxide Market, By Region and Chromium Oxide Market, By Company.

Chromium Oxide Market, By Applicationthis market is segmented on the basis ofCoating, Ceramics, Rubber, Metallurgy and Other. Chromium Oxide Market, By Typethis market is segmented on the basis ofPigment Grade, Metallurgical Grade and Refractory Grade. Chromium Oxide Market, By Regionthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World. Chromium Oxide Market, By Companythis market is segmented on the basis ofSoda Sanayii, Lanxess, Hunter Chemical, Sun Chemical, Huntsman (Venator), Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, HuangshiZhenhua Chemical, BlueStar Yima Chrome Chemical Materials and Hebei Chromate Chemical.

The report covers:

  • Global Chromium Oxide market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Chromium Oxide market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Chromium Oxide market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Chromium Oxide market report scope includes detailed study covering underlying factors influencing the industry trends.

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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
  5. Chromium Oxide Market, By Application
  6. Chromium Oxide Market, By Type
  7. Chromium Oxide Market, By Geography
  8. Competitive Insights
    8.1 Key Insights
    8.2 Company Market Share Analysis
    8.3 Strategic Outlook
    8.3.1 Mergers & Acquisitions
    8.3.2 New Product Development
    8.3.3 Portfolio/Production Capacity Expansions
    8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    8.3.5 Others
  9. Company Profiles
    9.1 Soda Sanayii
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Lanxess
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 Hunter Chemical
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Sun Chemical
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 Huntsman (Venator)
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 Chongqing Minfeng Chemical
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 Sichuan Yinhe Chemical
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments
    9.8 HuangshiZhenhua Chemical
    9.8.1 Company Overview
    9.8.2 Product/Service Landscape
    9.8.3 Financial Overview
    9.8.4 Recent Developments
    9.9 BlueStar Yima Chrome Chemical Materials
    9.9.1 Company Overview
    9.9.2 Product/Service Landscape
    9.9.3 Financial Overview
    9.9.4 Recent Developments
    9.10 Hebei Chromate Chemical
    9.10.1 Company Overview
    9.10.2 Product/Service Landscape
    9.10.3 Financial Overview
    9.10.4 Recent Developments

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