Chromium Trioxide Market
PUBLISHED: 2020 ID: SMRC19204
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Chromium Trioxide Market

Chromium Trioxide - Global Market Outlook (2018-2027)

4.8 (96 reviews)
4.8 (96 reviews)
Published: 2020 ID: SMRC19204

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Chromium Trioxide Market is accounted for $0.56 billion in 2018 and is expected to reach $0.75 billion by 2027 growing at a CAGR of 3.2% during the forecast period. Some of the key factors propelling the market growth include growing demand from the printing and dyeing industry in developing countries, rising demand from the packaging industry, large-scale automotive production plants and increasing industrialization. However, serious health problems are likely to restraint the market.

Chromium Trioxide is an inorganic hexavalent chromium compound and a strong oxidizing agent. It is dark purple in color and is usually found in the solid form as crystals, powder or flakes. It is insoluble in most of the organic solvents and even have a tendency to explode in the presence of reducing agents, especially organic matter. It forms an acidic solution in water, which is knows as chromic acid, and chromium trioxide is also commonly sold in this form. On heating, chromium trioxide emits highly toxic fumes of chromium. It is also highly corrosive and is a known carcinogen.

By form, the pellets segment is expected to grow at the significant rate during the forecast period. These are small particles typically created by compressing an original material. An American element specializes in producing high purity uniform shaped chromium oxide pellets with the highest possible density 99.9+%. On the basis of geography, North America is the important region for the Chromium Trioxide market, with demand mostly coming from the metal finishing application as well as manufacturing of wood preservation products. Stringent regulations pertaining to the production, use and disposal of chromium trioxide will impact the market in North America. Moreover, U.S. is the key country in the North America Chromium Trioxide market.

Some of the key players in chromium trioxide market include Hunter Chemical LLC, Aktyubinsk, MidUral Group, Chongqing Minfeng Chemical, Haining Peace Chemical, NPCC, Vishnu, Nippon Chem, Zhonglan Yima Chemical, JSC Novotroitsk Plant of Chromium Compounds, Lanxess, Soda Sanayii, Elementis, Zhenhua Chemical, Yinhe Chemical, Fisher Scientific International, Inc., Sigma-Aldrich Corporation, Seidler Chemical Company, Chemieliva Pharmaceutical Co., Ltd, Leap Labchem Co., Ltd, Del Amo Chemical Company Inc., Biopharm Inc., and Lords Chemicals Limited.

Purities Covered:
• 99.9%
• 99.8%
• 99.7%

Applications Covered:
• Dyeing and Printing
• Wood Preservation Products Manufacturing
• Electroplating
• Chemical Products Manufacturing
• Metal Finishing & Chrome Plating

Forms Covered:
• Solvent
• Powder and Nano-powder
• Pellets
• Sputtering Targets

End Users Covered:
• Chemicals
• Semiconductor & Electronics
• Automotive
• Ceramics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary    
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology   
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions  
     
3 Market Trend Analysis    
 3.1 Introduction   
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats   
 3.6 Application Analysis   
 3.7 End User Analysis   
 3.8 Emerging Markets   
 3.9 Impact of Covid-19   
     
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry   
     
5 Global Chromium Trioxide Market, By Purity    
 5.1 Introduction   
 5.2 99.9%    
 5.3 99.8%   
 5.4 99.7%   
     
6 Global Chromium Trioxide Market, By Application    
 6.1 Introduction   
 6.2 Dyeing and Printing   
 6.3 Wood Preservation Products Manufacturing   
 6.4 Electroplating    
 6.5 Chemical Products Manufacturing   
 6.6 Metal Finishing & Chrome Plating   
     
7 Global Chromium Trioxide Market, By Form    
 7.1 Introduction   
 7.2 Solvent   
 7.3 Powder and Nano-powder   
 7.4 Pellets   
 7.5 Sputtering Targets   
     
8 Global Chromium Trioxide Market, By End User    
 8.1 Introduction   
 8.2 Chemicals   
 8.3 Semiconductor & Electronics   
 8.4 Automotive   
 8.5 Ceramics   
     
9 Global Chromium Trioxide Market, By Geography    
 9.1 Introduction   
 9.2 North America   
  9.2.1 US  
  9.2.2 Canada  
  9.2.3 Mexico  
 9.3 Europe   
  9.3.1 Germany  
  9.3.2 UK  
  9.3.3 Italy  
  9.3.4 France  
  9.3.5 Spain  
  9.3.6 Rest of Europe  
 9.4 Asia Pacific   
  9.4.1 Japan  
  9.4.2 China  
  9.4.3 India  
  9.4.4 Australia  
  9.4.5 New Zealand  
  9.4.6 South Korea  
  9.4.7 Rest of Asia Pacific  
 9.5 South America   
  9.5.1 Argentina  
  9.5.2 Brazil  
  9.5.3 Chile   
  9.5.4 Rest of South America  
 9.6 Middle East & Africa   
  9.6.1 Saudi Arabia  
  9.6.2 UAE  
  9.6.3 Qatar  
  9.6.4 South Africa  
  9.6.5 Rest of Middle East & Africa  
     
10 Key Developments    
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 10.2 Acquisitions & Mergers   
 10.3 New Product Launch   
 10.4 Expansions   
 10.5 Other Key Strategies   
     
11 Company Profiling    
 11.1 Hunter Chemical LLC   
 11.2 Aktyubinsk   
 11.3 MidUral Group   
 11.4 Chongqing Minfeng Chemical   
 11.5 Haining Peace Chemical   
 11.6 NPCC   
 11.7 Vishnu   
 11.8 Nippon Chem   
 11.9 Zhonglan Yima Chemical   
 11.10 JSC Novotroitsk Plant of Chromium Compounds   
 11.11 Lanxess   
 11.12 Soda Sanayii   
 11.13 Elementis   
 11.14 Zhenhua Chemical   
 11.15 Yinhe Chemical   
 11.16 Fisher Scientific International, Inc.   
 11.17 Sigma-Aldrich Corporation   
 11.18 Seidler Chemical Company   
 11.19 Chemieliva Pharmaceutical Co., Ltd   
 11.20 Leap Labchem Co., Ltd   
 11.21 Del Amo Chemical Company Inc.   
 11.22 Biopharm Inc.   
 11.23 Lords Chemicals Limited  


List of Tables     
1 Global Chromium Trioxide Market Outlook, By Region (2017-2027) ($MN)    
2 Global Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
3 Global Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
4 Global Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
5 Global Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
6 Global Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)    
7 Global Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
8 Global Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
9 Global Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
10 Global Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)    
11 Global Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
12 Global Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
13 Global Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
14 Global Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
15 Global Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
16 Global Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
17 Global Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
18 Global Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
19 Global Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
20 Global Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
21 Global Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    
22 North America Chromium Trioxide Market Outlook, By Country (2017-2027) ($MN)    
23 North America Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
24 North America Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
25 North America Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
26 North America Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
27 North America Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)    
28 North America Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
29 North America Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
30 North America Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
31 North America Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)    
32 North America Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
33 North America Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
34 North America Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
35 North America Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
36 North America Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
37 North America Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
38 North America Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
39 North America Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
40 North America Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
41 North America Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
42 North America Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    
43 Europe Chromium Trioxide Market Outlook, By Country (2017-2027) ($MN)    
44 Europe Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
45 Europe Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
46 Europe Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
47 Europe Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
48 Europe Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)    
49 Europe Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
50 Europe Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
51 Europe Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
52 Europe Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)    
53 Europe Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
54 Europe Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
55 Europe Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
56 Europe Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
57 Europe Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
58 Europe Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
59 Europe Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
60 Europe Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
61 Europe Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
62 Europe Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
63 Europe Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    
64 Asia Pacific Chromium Trioxide Market Outlook, By Country (2017-2027) ($MN)    
65 Asia Pacific Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
66 Asia Pacific Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
67 Asia Pacific Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
68 Asia Pacific Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
69 Asia Pacific Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)     
70 Asia Pacific Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
71 Asia Pacific Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
72 Asia Pacific Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
73 Asia Pacific Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)    
74 Asia Pacific Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
75 Asia Pacific Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
76 Asia Pacific Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
77 Asia Pacific Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
78 Asia Pacific Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
79 Asia Pacific Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
80 Asia Pacific Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
81 Asia Pacific Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
82 Asia Pacific Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
83 Asia Pacific Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
84 Asia Pacific Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    
85 South America Chromium Trioxide Market Outlook, By Country (2017-2027) ($MN)    
86 South America Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
87 South America Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
88 South America Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
89 South America Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
90 South America Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)    
91 South America Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
92 South America Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
93 South America Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
94 South America Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)    
95 South America Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
96 South America Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
97 South America Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
98 South America Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
99 South America Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
100 South America Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
101 South America Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
102 South America Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
103 South America Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
104 South America Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
105 South America Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    
106 Middle East & Africa Chromium Trioxide Market Outlook, By Country (2017-2027) ($MN)    
107 Middle East & Africa Chromium Trioxide Market Outlook, By Purity (2017-2027) ($MN)    
108 Middle East & Africa Chromium Trioxide Market Outlook, By 99.9%  (2017-2027) ($MN)    
109 Middle East & Africa Chromium Trioxide Market Outlook, By 99.8% (2017-2027) ($MN)    
110 Middle East & Africa Chromium Trioxide Market Outlook, By 99.7% (2017-2027) ($MN)    
111 Middle East & Africa Chromium Trioxide Market Outlook, By Application (2017-2027) ($MN)    
112 Middle East & Africa Chromium Trioxide Market Outlook, By Dyeing and Printing (2017-2027) ($MN)    
113 Middle East & Africa Chromium Trioxide Market Outlook, By Wood Preservation Products Manufacturing (2017-2027) ($MN)    
114 Middle East & Africa Chromium Trioxide Market Outlook, By Electroplating (2017-2027) ($MN)    
115 Middle East & Africa Chromium Trioxide Market Outlook, By Chemical Products Manufacturing (2017-2027) ($MN)     
116 Middle East & Africa Chromium Trioxide Market Outlook, By Metal Finishing & Chrome Plating (2017-2027) ($MN)    
117 Middle East & Africa Chromium Trioxide Market Outlook, By Form (2017-2027) ($MN)    
118 Middle East & Africa Chromium Trioxide Market Outlook, By Solvent (2017-2027) ($MN)    
119 Middle East & Africa Chromium Trioxide Market Outlook, By Powder and Nano-powder (2017-2027) ($MN)    
120 Middle East & Africa Chromium Trioxide Market Outlook, By Pellets (2017-2027) ($MN)    
121 Middle East & Africa Chromium Trioxide Market Outlook, By Sputtering Targets (2017-2027) ($MN)    
122 Middle East & Africa Chromium Trioxide Market Outlook, By End User (2017-2027) ($MN)    
123 Middle East & Africa Chromium Trioxide Market Outlook, By Chemicals (2017-2027) ($MN)    
124 Middle East & Africa Chromium Trioxide Market Outlook, By Semiconductor & Electronics (2017-2027) ($MN)    
125 Middle East & Africa Chromium Trioxide Market Outlook, By Automotive (2017-2027) ($MN)    
126 Middle East & Africa Chromium Trioxide Market Outlook, By Ceramics (2017-2027) ($MN)    

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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