Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Chromium, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chromium. This report contains market size and forecasts of Chromium in global, including the following market information:
Global Chromium Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Chromium Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Chromium companies in 2022 (%)
The global Chromium market was valued at US$ 8061 million in 2022 and is projected to reach US$ 8958.3 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Chromium manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chromium Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Chromium Market Segment Percentages, by Type, 2022 (%)
Chromium
Chromite Ore
Others
Global Chromium Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Chromium Market Segment Percentages, by Application, 2022 (%)
Metallurgy
Chemicals
Refractory
Others
Global Chromium Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Chromium Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Chromium revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Chromium revenues share in global market, 2022 (%)
Key companies Chromium sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Chromium sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Chromium, market overview.
Chapter 2: Global Chromium market size in revenue and volume.
Chapter 3: Detailed analysis of Chromium manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Chromium in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Chromium capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
