The global Chromium market size was valued at US$ 7663.8 million in 2023. With growing demand in downstream market, the Chromium is forecast to a readjusted size of US$ 8592.2 million by 2030 with a CAGR of 1.6% during review period.
The research report highlights the growth potential of the global Chromium market. Chromium are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Chromium. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Chromium market.
Chromium is a chemical element with symbol Cr and atomic number 24. It is the first element in group 6. It is a steely-grey, lustrous, hard and brittle metal which takes a high polish, resists tarnishing, and has a high melting point.
Asia Pacific was the largest market in 2017, accounting for 50.2% of the global revenue. The regional market is anticipated to offer several opportunities over the forecast period. Presence of major stainless steel manufacturing units in countries such as China, India, and Japan is contributing toward increased demand for chromium in the region. Moreover, India is a major chromium ore producer and exporter, while China is a major importer in the global market. These factors are anticipated to further fuel demand over the forecast period.
Key Features:
The report on Chromium market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Chromium market. It may include historical data, market segmentation by Type (e.g., Chromium, Chromite Ore), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Chromium market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Chromium market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Chromium industry. This include advancements in Chromium technology, Chromium new entrants, Chromium new investment, and other innovations that are shaping the future of Chromium.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Chromium market. It includes factors influencing customer ' purchasing decisions, preferences for Chromium product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Chromium market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Chromium market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Chromium market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Chromium industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Chromium market.
Market Segmentation:
Chromium market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Chromium
Chromite Ore
Others
Segmentation by application
Metallurgy
Chemicals
Refractory
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kermas Group Ltd.
Glencore PLC.
Samancor Chrome
Assmang Proprietary Limited
Odisha Mining Corporation
Hernic Ferrochrome (Pty) Ltd.
CVK Group
Al Tamman Indsil FerroChrome LLC.
Gulf Mining Group LLC.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chromium market?
What factors are driving Chromium market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chromium market opportunities vary by end market size?
How does Chromium break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Chromium Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Chromium by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Chromium by Country/Region, 2019, 2023 & 2030
2.2 Chromium Segment by Type
2.2.1 Chromium
2.2.2 Chromite Ore
2.2.3 Others
2.3 Chromium Sales by Type
2.3.1 Global Chromium Sales Market Share by Type (2019-2024)
2.3.2 Global Chromium Revenue and Market Share by Type (2019-2024)
2.3.3 Global Chromium Sale Price by Type (2019-2024)
2.4 Chromium Segment by Application
2.4.1 Metallurgy
2.4.2 Chemicals
2.4.3 Refractory
2.4.4 Others
2.5 Chromium Sales by Application
2.5.1 Global Chromium Sale Market Share by Application (2019-2024)
2.5.2 Global Chromium Revenue and Market Share by Application (2019-2024)
2.5.3 Global Chromium Sale Price by Application (2019-2024)
3 Global Chromium by Company
3.1 Global Chromium Breakdown Data by Company
3.1.1 Global Chromium Annual Sales by Company (2019-2024)
3.1.2 Global Chromium Sales Market Share by Company (2019-2024)
3.2 Global Chromium Annual Revenue by Company (2019-2024)
3.2.1 Global Chromium Revenue by Company (2019-2024)
3.2.2 Global Chromium Revenue Market Share by Company (2019-2024)
3.3 Global Chromium Sale Price by Company
3.4 Key Manufacturers Chromium Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Chromium Product Location Distribution
3.4.2 Players Chromium Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Chromium by Geographic Region
4.1 World Historic Chromium Market Size by Geographic Region (2019-2024)
4.1.1 Global Chromium Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Chromium Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Chromium Market Size by Country/Region (2019-2024)
4.2.1 Global Chromium Annual Sales by Country/Region (2019-2024)
4.2.2 Global Chromium Annual Revenue by Country/Region (2019-2024)
4.3 Americas Chromium Sales Growth
4.4 APAC Chromium Sales Growth
4.5 Europe Chromium Sales Growth
4.6 Middle East & Africa Chromium Sales Growth
5 Americas
5.1 Americas Chromium Sales by Country
5.1.1 Americas Chromium Sales by Country (2019-2024)
5.1.2 Americas Chromium Revenue by Country (2019-2024)
5.2 Americas Chromium Sales by Type
5.3 Americas Chromium Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Chromium Sales by Region
6.1.1 APAC Chromium Sales by Region (2019-2024)
6.1.2 APAC Chromium Revenue by Region (2019-2024)
6.2 APAC Chromium Sales by Type
6.3 APAC Chromium Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Chromium by Country
7.1.1 Europe Chromium Sales by Country (2019-2024)
7.1.2 Europe Chromium Revenue by Country (2019-2024)
7.2 Europe Chromium Sales by Type
7.3 Europe Chromium Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Chromium by Country
8.1.1 Middle East & Africa Chromium Sales by Country (2019-2024)
8.1.2 Middle East & Africa Chromium Revenue by Country (2019-2024)
8.2 Middle East & Africa Chromium Sales by Type
8.3 Middle East & Africa Chromium Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Chromium
10.3 Manufacturing Process Analysis of Chromium
10.4 Industry Chain Structure of Chromium
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Chromium Distributors
11.3 Chromium Customer
12 World Forecast Review for Chromium by Geographic Region
12.1 Global Chromium Market Size Forecast by Region
12.1.1 Global Chromium Forecast by Region (2025-2030)
12.1.2 Global Chromium Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Chromium Forecast by Type
12.7 Global Chromium Forecast by Application
13 Key Players Analysis
13.1 Kermas Group Ltd.
13.1.1 Kermas Group Ltd. Company Information
13.1.2 Kermas Group Ltd. Chromium Product Portfolios and Specifications
13.1.3 Kermas Group Ltd. Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Kermas Group Ltd. Main Business Overview
13.1.5 Kermas Group Ltd. Latest Developments
13.2 Glencore PLC.
13.2.1 Glencore PLC. Company Information
13.2.2 Glencore PLC. Chromium Product Portfolios and Specifications
13.2.3 Glencore PLC. Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Glencore PLC. Main Business Overview
13.2.5 Glencore PLC. Latest Developments
13.3 Samancor Chrome
13.3.1 Samancor Chrome Company Information
13.3.2 Samancor Chrome Chromium Product Portfolios and Specifications
13.3.3 Samancor Chrome Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Samancor Chrome Main Business Overview
13.3.5 Samancor Chrome Latest Developments
13.4 Assmang Proprietary Limited
13.4.1 Assmang Proprietary Limited Company Information
13.4.2 Assmang Proprietary Limited Chromium Product Portfolios and Specifications
13.4.3 Assmang Proprietary Limited Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Assmang Proprietary Limited Main Business Overview
13.4.5 Assmang Proprietary Limited Latest Developments
13.5 Odisha Mining Corporation
13.5.1 Odisha Mining Corporation Company Information
13.5.2 Odisha Mining Corporation Chromium Product Portfolios and Specifications
13.5.3 Odisha Mining Corporation Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Odisha Mining Corporation Main Business Overview
13.5.5 Odisha Mining Corporation Latest Developments
13.6 Hernic Ferrochrome (Pty) Ltd.
13.6.1 Hernic Ferrochrome (Pty) Ltd. Company Information
13.6.2 Hernic Ferrochrome (Pty) Ltd. Chromium Product Portfolios and Specifications
13.6.3 Hernic Ferrochrome (Pty) Ltd. Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Hernic Ferrochrome (Pty) Ltd. Main Business Overview
13.6.5 Hernic Ferrochrome (Pty) Ltd. Latest Developments
13.7 CVK Group
13.7.1 CVK Group Company Information
13.7.2 CVK Group Chromium Product Portfolios and Specifications
13.7.3 CVK Group Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 CVK Group Main Business Overview
13.7.5 CVK Group Latest Developments
13.8 Al Tamman Indsil FerroChrome LLC.
13.8.1 Al Tamman Indsil FerroChrome LLC. Company Information
13.8.2 Al Tamman Indsil FerroChrome LLC. Chromium Product Portfolios and Specifications
13.8.3 Al Tamman Indsil FerroChrome LLC. Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Al Tamman Indsil FerroChrome LLC. Main Business Overview
13.8.5 Al Tamman Indsil FerroChrome LLC. Latest Developments
13.9 Gulf Mining Group LLC.
13.9.1 Gulf Mining Group LLC. Company Information
13.9.2 Gulf Mining Group LLC. Chromium Product Portfolios and Specifications
13.9.3 Gulf Mining Group LLC. Chromium Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Gulf Mining Group LLC. Main Business Overview
13.9.5 Gulf Mining Group LLC. Latest Developments
14 Research Findings and Conclusion
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