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.
Global Chromium Trioxide market size will increase to 550 Million US$ by 2025, from 550 Million US$ in 2018, at a CAGR of 0.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Chromium Trioxide.
This report researches the worldwide Chromium Trioxide market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Chromium Trioxide breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
Chromium Trioxide Breakdown Data by Type
Purity 99.7%
Purity 99.8%
Purity 99.9%
Chromium Trioxide Breakdown Data by Application
Printing and Dyeing Industry
Electroplating Industry
Wood Preservation
Other
Chromium Trioxide Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Chromium Trioxide Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Chromium Trioxide capacity, production, value, consumption, status and forecast;
To focus on the key Chromium Trioxide manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Chromium Trioxide :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Chromium Trioxide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.