Press release
Chromium Trioxide Market 2018 Industry Analysis by Leading Players: Lanxess, Soda Sanayii, Elementis, Hunter Chemical LLC, Aktyubinsk, MidUral Group, NPCC, Vishnu, Nippon Chem, Zhenhua Chemical, Yinhe Chemical, Chongqing Minfeng Chemical
In terms of production side, this report researches the Chromium Trioxide capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Chromium Trioxide by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
The Chromium Trioxide market was valued at 550 Million US$ in 2017 and is projected to reach 550 Million US$ by 2025, at a CAGR of 0.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Chromium Trioxide.
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This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Purity 99.7%
Purity 99.8%
Purity 99.9%
Market Segment by Application
Printing and Dyeing Industry
Electroplating Industry
Wood Preservation
Other
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