Press release
Chromium Market Demand 2018 | Top Most Players | urasian Natural Resources Corporation, Al Tamman Indsil Ferrochrome LLC, Gulf Mining Group LLC, Assmang Proprietary Limited, Glencore, Odisha Mining Corporation, Hernic Morula Mine, Kermas Group, Samancor C
CMR offers “Chromium Market By Application - Global Industry Analysis And Forecast To 2023” from its database. The Report Also Provides the Key Market Players That Are Assessed on Numerous Parameters Such As Manufacturer’s Summary, Revenue Generation, Product Portfolio, And Sales AnalysisThe Chromium Market has encountered magnificent growth in the recent years and is anticipated to grow tremendously in the following years. Expanding request from the stainless steel industry for different end-use markets, for example, aerospace, marine, electronics, automotive, building and construction and defence is anticipated to be the key development factor. Furthermore, significant request from Asia Pacific is foreseen to fuel the market over the conjecture time frame. China was the biggest consumer of the product as it is one of the biggest makers of stainless steel and other specialty steel products. Chromium is a fundamental alloying component in the detailing of stainless steel. Along these lines, expanded interest for stainless steel is a significant driver impelling interest in the worldwide market.
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Chromium Market-Competitive Insights
The leading players in the market are Eurasian Natural Resources Corporation, Al Tamman Indsil Ferrochrome LLC, Gulf Mining Group LLC, Assmang Proprietary Limited, Glencore, Odisha Mining Corporation, Hernic Morula Mine, Kermas Group and Samancor Chrome Limited. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Chromium Market -Application Outlook and Trend Analysis
Metallurgy was the biggest application portion in 2016 and the pattern is expected to proceed over the estimate time frame. Stainless steel and high protection steel makers are significant purchasers in the metallurgy portion. Chromium is used as a part of the type of metals, ferroalloys, and v of stainless steel in metallurgical applications. It is an imperative alloy component used as a part of the production of high quality steel because of its phenomenal mechanical, high oxidative, high hardness, and corrosion protection properties.
Chromium Market -Regional Outlook and Trend Analysis
Asia Pacific was the biggest market in 2016, representing 49.6% of the worldwide income. The regional market is expected to offer various opportunities over the estimate time frame. Existence of major stainless steel producing units in nations, for example, China, India, and Japan is contributing toward expanded interest for chromium in the district. Also, India is a significant chromium mineral maker and exporter, while China is a crucial importer in the worldwide market. These elements are foreseen to additionally boost demand over the gauge time frame.
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Major TOC:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Demand from Asia Pacific
3.2.1.2. Superior Corrosion Resistance Properties
3.2.2. Restraints
3.2.2.1. Carcinogenic Properties of Chromium
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
....
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