DUBLIN--(BUSINESS WIRE)--The "Chromium Trioxide - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Chromium Trioxide market 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 a significant rate during the forecast period. These are small particles typically created by compressing an original material. On the basis of geography, North America is an important region for the Chromium Trioxide market, with demand mostly coming from the metal finishing application sector as well as the 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, the 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.
Key report features:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for 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
- 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
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
5 Global Chromium Trioxide Market, By Purity
6 Global Chromium Trioxide Market, By Application
6.2 Dyeing and Printing
6.3 Wood Preservation Products Manufacturing
6.5 Chemical Products Manufacturing
6.6 Metal Finishing & Chrome Plating
7 Global Chromium Trioxide Market, By Form
7.3 Powder and Nano-powder
7.5 Sputtering Targets
8 Global Chromium Trioxide Market, By End User
8.3 Semiconductor & Electronics
9 Global Chromium Trioxide Market, By Geography
9.2 North America
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.1 Hunter Chemical LLC
11.3 MidUral Group
11.4 Chongqing Minfeng Chemical
11.5 Haining Peace Chemical
11.8 Nippon Chem
11.9 Zhonglan Yima Chemical
11.10 JSC Novotroitsk Plant of Chromium Compounds
11.12 Soda Sanayii
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
For more information about this report visit https://www.researchandmarkets.com/r/pg9ryo
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.