The global chromite ore market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for chromium in various industries such as metallurgy, refractory and foundry, chemical industry, and others. Chromium is used in various applications such as stainless steel production, metal plating, and electroplating. The increasing demand for chromium has led to an increase in the consumption of chromite ore globally.
More than 48% types are high grade chrome ore; 36% to 47% types are among the most common minerals; 30% to 35% types are low grade products with low mining value.
- The demand for chromite ore is expected to grow in the future due to its use in the production of stainless steel, which is used in a wide range of industries.
- The price of chromite ore has been increasing over the past few years due to increased demand and limited supply.
- Chromium is an essential element for human health and it can be found in many foods, such as broccoli, potatoes, and tomatoes.
- China's economy has been growing rapidly over the past few decades and this has led to increased demand for chromium-containing products such as stainless steel which uses chromite ore as a key ingredient in its production process.
- There are also environmental concerns about mining operations that produce chromite ore because they can release toxic substances into the environment that can have negative effects on human health and wildlife populations.
Industry Growth Insights published a new data on “Chromite Ore Market”. The research report is titled “Chromite Ore Market research by Types (More than 48% Types, 36%-47% Types, 30%-35% Types, , More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.), By Applications (Metallurgy Industry, Refractory and Foundry, Chemical Industry, , In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.), By Players/Companies TNC Kazchrome JSC, Samancor, Assmang Proprietary Limited, Outokumpu, Yilmaden Holding, Merafe Resources, Odisha Mining Corporation, Tata Steel, ASA Metals”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chromite Ore Market Research Report
By Type
More than 48% Types, 36%-47% Types, 30%-35% Types, , More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
By Application
Metallurgy Industry, Refractory and Foundry, Chemical Industry, , In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
By Companies
TNC Kazchrome JSC, Samancor, Assmang Proprietary Limited, Outokumpu, Yilmaden Holding, Merafe Resources, Odisha Mining Corporation, Tata Steel, ASA Metals
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Chromite Ore Market Report Segments:
The global Chromite Ore market is segmented on the basis of:
Types
More than 48% Types, 36%-47% Types, 30%-35% Types, , More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
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
Metallurgy Industry, Refractory and Foundry, Chemical Industry, , In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
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:
- TNC Kazchrome JSC
- Samancor
- Assmang Proprietary Limited
- Outokumpu
- Yilmaden Holding
- Merafe Resources
- Odisha Mining Corporation
- Tata Steel
- ASA Metals
Highlights of The Chromite Ore 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:
- More than 48% Types
- 36%-47% Types
- 30%-35% Types
- More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
- By Application:
- Metallurgy Industry
- Refractory and Foundry
- Chemical Industry
- In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
- 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 Chromite Ore 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.
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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?
Chromite ore is a type of mineral that is composed of chromium and iron. Chromite ore is typically found in sedimentary rocks, such as limestone or dolomite.
Some of the major players in the chromite ore market are TNC Kazchrome JSC, Samancor, Assmang Proprietary Limited, Outokumpu, Yilmaden Holding, Merafe Resources, Odisha Mining Corporation, Tata Steel, ASA Metals.
The chromite ore market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Chromite Ore Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Chromite Ore Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Chromite Ore Market - Supply Chain
4.5. Global Chromite Ore Market Forecast
4.5.1. Chromite Ore Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Chromite Ore Market Size (000 Units) and Y-o-Y Growth
4.5.3. Chromite Ore Market Absolute $ Opportunity
5. Global Chromite Ore Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Chromite Ore Market Size and Volume Forecast by Type
5.3.1. More than 48% Types
5.3.2. 36%-47% Types
5.3.3. 30%-35% Types
5.3.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Chromite Ore Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Chromite Ore Market Size and Volume Forecast by Application
6.3.1. Metallurgy Industry
6.3.2. Refractory and Foundry
6.3.3. Chemical Industry
6.3.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Chromite Ore Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Chromite Ore Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Chromite Ore Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Chromite Ore Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Chromite Ore Demand Share Forecast, 2019-2026
9. North America Chromite Ore Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Chromite Ore Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Chromite Ore Market Size and Volume Forecast by Application
9.4.1. Metallurgy Industry
9.4.2. Refractory and Foundry
9.4.3. Chemical Industry
9.4.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Chromite Ore Market Size and Volume Forecast by Type
9.7.1. More than 48% Types
9.7.2. 36%-47% Types
9.7.3. 30%-35% Types
9.7.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Chromite Ore Demand Share Forecast, 2019-2026
10. Latin America Chromite Ore Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Chromite Ore Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Chromite Ore Market Size and Volume Forecast by Application
10.4.1. Metallurgy Industry
10.4.2. Refractory and Foundry
10.4.3. Chemical Industry
10.4.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Chromite Ore Market Size and Volume Forecast by Type
10.7.1. More than 48% Types
10.7.2. 36%-47% Types
10.7.3. 30%-35% Types
10.7.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Chromite Ore Demand Share Forecast, 2019-2026
11. Europe Chromite Ore Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Chromite Ore Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Chromite Ore Market Size and Volume Forecast by Application
11.4.1. Metallurgy Industry
11.4.2. Refractory and Foundry
11.4.3. Chemical Industry
11.4.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Chromite Ore Market Size and Volume Forecast by Type
11.7.1. More than 48% Types
11.7.2. 36%-47% Types
11.7.3. 30%-35% Types
11.7.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Chromite Ore Demand Share, 2019-2026
12. Asia Pacific Chromite Ore Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Chromite Ore Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Chromite Ore Market Size and Volume Forecast by Application
12.4.1. Metallurgy Industry
12.4.2. Refractory and Foundry
12.4.3. Chemical Industry
12.4.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Chromite Ore Market Size and Volume Forecast by Type
12.7.1. More than 48% Types
12.7.2. 36%-47% Types
12.7.3. 30%-35% Types
12.7.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Chromite Ore Demand Share, 2019-2026
13. Middle East & Africa Chromite Ore Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Chromite Ore Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Chromite Ore Market Size and Volume Forecast by Application
13.4.1. Metallurgy Industry
13.4.2. Refractory and Foundry
13.4.3. Chemical Industry
13.4.5. In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Chromite Ore Market Size and Volume Forecast by Type
13.7.1. More than 48% Types
13.7.2. 36%-47% Types
13.7.3. 30%-35% Types
13.7.5. More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Chromite Ore Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Chromite Ore Market: Market Share Analysis
14.2. Chromite Ore Distributors and Customers
14.3. Chromite Ore Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TNC Kazchrome JSC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samancor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Assmang Proprietary Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Outokumpu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yilmaden Holding
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Merafe Resources
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Odisha Mining Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tata Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ASA Metals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
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