Market Overview:
The global pigment grade chromium oxide green market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for chromium oxide green in various applications such as coatings, ceramics, rubber and other applications. Asia Pacific is expected to witness highest growth rate during the forecast period owing to growing demand from end-use industries in this region. Based on type, extract segment is projected to account for highest share of the global pigment grade chromium oxide green market in 2018. This can be attributed to its properties such as high purity and superior color quality that makes it suitable for use in various applications including coatings and rubber industry.
Product Definition:
Pigment grade chromium oxide green is an inorganic compound used as a pigment. It is a dark green powder that is insoluble in water. Pigment grade chromium oxide green is important because it can be used to produce paints, plastics, and other materials that need to have a dark green color.
Extract:
Extract, it's usage and growth factor in Pigment Grade Chromium Oxide Green market is driven by the growing demand for green colorants in various end-use industries such as construction, automotive & transportation, packaging and textiles.
Break Down:
The chromium oxide green is a pigment that finds application in the paints and coatings industry. It is also used as an additive in various pigments including titanium dioxide, iron oxide, and bismuth oxychloride. Breakdown of chromium oxide green pigment occurs when it comes into contact with water or air which results in the formation of a dark-green powder called as cr Chromate (III) oxide.
Application Insights:
The coating application segment led the global pigment grade chromium oxide green market in 2017 and is projected to witness significant growth over the forecast period. Chromium oxide green coatings are used as a protective finish for steel, aluminum and other substrates that require corrosion resistance. The product has excellent anti-corrosion properties which make it suitable for use on equipment that comes into contact with liquid chemicals or water.
Coating applications accounted for 35% of the global volume in 2017 owing to high demand from infrastructure & industrial projects such as roofing systems, facades, cladding units and others across the globe. Increasing construction spending especially in emerging markets such as India, China and Brazil is expected to drive demand further over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for pigment grade chromium oxide green and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well owing to growing automotive industry, rapid urbanization, and increasing construction spending. In addition, rising awareness regarding environment protection coupled with stringent regulations by regulatory bodies such as REACH is further anticipated to drive demand from 2018 to 2030.
The Asia Pacific market was closely followed by Europe which accounted for a significant revenue share in 2017 owing to high chromium oxide content in paints & coatings products used across various industries including transportation and infrastructure development. Increasing production of automobiles due to low manufacturing cost coupled with easy availability of skilled labor is likely boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand from the paints and coatings industry as a pigment for green coloration
- Growing use of chromium oxide green in plastics and rubber products for enhanced durability and color stability
- Rising demand from the ceramic tile industry as a coloring agent in glazes and enamels
- Increasing application scope of chromium oxide green in printing ink formulations to improve rub resistance, adhesion, and glossiness
- Growing popularity of chromium oxide green as a natural mineral pigment across various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Pigment Grade Chromium Oxide Green Market Research Report
By Type
Extract, Break Down
By Application
Coating, Ceramics, Rubber, Other
By Companies
Aktyubinsk, Elementis, Midural Group, Vishnu, Soda Sanayii, Lanxess, Hunter Chemical, Aktyubinsk
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Pigment Grade Chromium Oxide Green Market Report Segments:
The global Pigment Grade Chromium Oxide Green market is segmented on the basis of:
Types
Extract, Break Down
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coating, Ceramics, Rubber, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aktyubinsk
- Elementis
- Midural Group
- Vishnu
- Soda Sanayii
- Lanxess
- Hunter Chemical
- Aktyubinsk
Highlights of The Pigment Grade Chromium Oxide Green Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extract
- Break Down
- By Application:
- Coating
- Ceramics
- Rubber
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pigment Grade Chromium Oxide Green Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pigment grade chromium oxide green is a pigment that is made from chromium and oxygen. Chromium oxide green can be used to create a variety of colors, including green.
Some of the major companies in the pigment grade chromium oxide green market are Aktyubinsk, Elementis, Midural Group, Vishnu, Soda Sanayii, Lanxess, Hunter Chemical, Aktyubinsk.
The pigment grade chromium oxide green market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pigment Grade Chromium Oxide Green Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Pigment Grade Chromium Oxide Green Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pigment Grade Chromium Oxide Green Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Pigment Grade Chromium Oxide Green Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Pigment Grade Chromium Oxide Green Market Size & Forecast, 2018-2028 4.5.1 Pigment Grade Chromium Oxide Green Market Size and Y-o-Y Growth 4.5.2 Pigment Grade Chromium Oxide Green Market Absolute $ Opportunity
Chapter 5 Global Pigment Grade Chromium Oxide Green Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pigment Grade Chromium Oxide Green Market Size Forecast by Type
5.2.1 Extract
5.2.2 Break Down
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pigment Grade Chromium Oxide Green Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
6.2.1 Coating
6.2.2 Ceramics
6.2.3 Rubber
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pigment Grade Chromium Oxide Green Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pigment Grade Chromium Oxide Green Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pigment Grade Chromium Oxide Green Analysis and Forecast
9.1 Introduction
9.2 North America Pigment Grade Chromium Oxide Green Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pigment Grade Chromium Oxide Green Market Size Forecast by Type
9.6.1 Extract
9.6.2 Break Down
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
9.10.1 Coating
9.10.2 Ceramics
9.10.3 Rubber
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pigment Grade Chromium Oxide Green Analysis and Forecast
10.1 Introduction
10.2 Europe Pigment Grade Chromium Oxide Green Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pigment Grade Chromium Oxide Green Market Size Forecast by Type
10.6.1 Extract
10.6.2 Break Down
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
10.10.1 Coating
10.10.2 Ceramics
10.10.3 Rubber
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pigment Grade Chromium Oxide Green Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pigment Grade Chromium Oxide Green Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pigment Grade Chromium Oxide Green Market Size Forecast by Type
11.6.1 Extract
11.6.2 Break Down
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
11.10.1 Coating
11.10.2 Ceramics
11.10.3 Rubber
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pigment Grade Chromium Oxide Green Analysis and Forecast
12.1 Introduction
12.2 Latin America Pigment Grade Chromium Oxide Green Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pigment Grade Chromium Oxide Green Market Size Forecast by Type
12.6.1 Extract
12.6.2 Break Down
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
12.10.1 Coating
12.10.2 Ceramics
12.10.3 Rubber
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pigment Grade Chromium Oxide Green Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pigment Grade Chromium Oxide Green Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pigment Grade Chromium Oxide Green Market Size Forecast by Type
13.6.1 Extract
13.6.2 Break Down
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pigment Grade Chromium Oxide Green Market Size Forecast by Applications
13.10.1 Coating
13.10.2 Ceramics
13.10.3 Rubber
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pigment Grade Chromium Oxide Green Market: Competitive Dashboard
14.2 Global Pigment Grade Chromium Oxide Green Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aktyubinsk
14.3.2 Elementis
14.3.3 Midural Group
14.3.4 Vishnu
14.3.5 Soda Sanayii
14.3.6 Lanxess
14.3.7 Hunter Chemical
14.3.8 Aktyubinsk