Market Overview:
The global chromium oxide green market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chromium oxide green in various applications, such as coatings, ceramics, rubber, metallurgy and others. Chromium oxide green is also used as a pigment in paints and other products. In addition, the growing construction industry is also expected to fuel the demand for chromium oxide green during the forecast period. On the basis of type, pigments grade held a major share of more than 60% of the global chromium oxide green market in 2017 and is projected to grow at a CAGR of 5%. Metallurgical grade was second largest type segment with over 25% share in 2017 and it is projected to grow at a CAGR of 6%. Refractory grade accounted for less than 10% share of total market revenue generated by Chromium Oxide Green globally but it has high potential owing growing refractory industry across globe . On application basis Coatings are dominating sector with more that 50 % Market Share where as Ceramics are fastest Growing Sector with 7 % Compound Annual Growth Rate (CAGR) over Forecast Period .
Product Definition:
Chromium Oxide Green is a pigment that is used in paints, plastics, and other products. It is important because it can be used to create a wide range of colors, and it does not fade over time.
Pigment Grade:
Pigment grade is a color additive that is manufactured by mixing different colored materials together. The most common type of pigment used in the manufacturing of paints & coatings, plastics, and paper is a carbon-based material known as carbon black.
Metallurgical Grade:
Metallurgical grade is a type of ore which contains more than 60% of metals. The most common ones are copper, zinc, lead and nickel. It’s important to note that the metal content in metallurgical ores can vary widely from mine to mine and even within a mine depending on the exact location. For example; copper-zinc ores contain approximately 65% of zinc while those containing 70% or more are termed as high-metal ores.
Application Insights:
The coatings application segment led the global chromium oxide green market in 2017 and is projected to continue its dominance over the forecast period. Chromium oxide green coatings are used for protection against corrosion, scaling and other forms of damage. These are applied on a wide range of substrates such as steel, aluminum, concrete, plastic and others. The high demand for automotive components is expected to drive product consumption in various applications including structural metalwork & machinery (sm&m) which includes bridges), boilers & turbines; pressure vessels; ships; aircraft carriers; tunnels etc.
Ceramics was the second largest application segment accounting for a share of 22% in 2017 owing to increasing utilization of Cr2O3-based ceramics materials with high strength-to-weight ratio that makes them suitable for use in numerous end-use industries such as construction & building material sector where they are utilized as an alternative to traditional raw materials like calcium carbonate or barite.
Regional Analysis:
Asia Pacific dominated the global chromium oxide green market in terms of revenue with a share of over 60.0% in 2017. The region is expected to witness significant growth owing to increasing demand from end-use industries, such as coatings, ceramics and rubber, especially in developing countries like India and China. In addition, rising investments by multinational companies for the development of chromium oxide green based products are anticipated to drive industry expansion over the forecast period.
The growing automotive sector across Asia Pacific economies including India is projected to be one of the major factors responsible for driving product demand from 2018 to 2030 in terms of volume as well as revenue generation at a CAGR exceeding 6%. Furthermore, favorable regulations aimed at promoting domestic manufacturing output by allowing 100% foreign direct investment (FDI) are estimated boost production capacity across various industries thereby augmenting industry size over time.
Growth Factors:
- Increasing demand from the paints and coatings industry as a pigment for green coloration.
- Growing popularity of chromium oxide green in the cosmetic industry as a natural colorant for skin care products and makeup.
- Rising demand from the ceramic tile industry for use in glazes, enamels, and other surface finishes.
- Increasing use of chromium oxide green in printing ink applications to provide high-quality images with bright colors on various substrates such as paper, plastics, and textiles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chromium Oxide Green Market Research Report
By Type
Pigment Grade, Metallurgical Grade, Refractory Grade
By Application
Coating, Ceramics, Rubber, Metallurgy, Other
By Companies
Aktyubinsk, Elementis, Midural Group, Vishnu, Soda Sanayii, Lanxess, Hunter Chemical, Sun Chemical, Huntsman (Venator), Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, BlueStar Yima Chrome Chemical Materials, Hebei Chromate Chemical, Luoyang Zhengjie, Jirong Chemical
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 Chromium Oxide Green Market Report Segments:
The global Chromium Oxide Green market is segmented on the basis of:
Types
Pigment Grade, Metallurgical Grade, Refractory Grade
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, Metallurgy, 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
- Sun Chemical
- Huntsman (Venator)
- Chongqing Minfeng Chemical
- Sichuan Yinhe Chemical
- Huangshi Zhenhua Chemical
- BlueStar Yima Chrome Chemical Materials
- Hebei Chromate Chemical
- Luoyang Zhengjie
- Jirong Chemical
Highlights of The 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:
- Pigment Grade
- Metallurgical Grade
- Refractory Grade
- By Application:
- Coating
- Ceramics
- Rubber
- Metallurgy
- 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 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Chromium Oxide Green is a pigment that is made from chromium and oxygen. It is used to create green colors in paints, plastics, and other materials.
Some of the major companies in the chromium oxide green market are Aktyubinsk, Elementis, Midural Group, Vishnu, Soda Sanayii, Lanxess, Hunter Chemical, Sun Chemical, Huntsman (Venator), Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, BlueStar Yima Chrome Chemical Materials, Hebei Chromate Chemical, Luoyang Zhengjie, Jirong Chemical.
The chromium oxide green market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Chromium Oxide Green 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. Chromium Oxide Green Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Chromium Oxide Green Market - Supply Chain
4.5. Global Chromium Oxide Green Market Forecast
4.5.1. Chromium Oxide Green Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Chromium Oxide Green Market Size (000 Units) and Y-o-Y Growth
4.5.3. Chromium Oxide Green Market Absolute $ Opportunity
5. Global Chromium Oxide Green 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. Chromium Oxide Green Market Size and Volume Forecast by Type
5.3.1. Pigment Grade
5.3.2. Metallurgical Grade
5.3.3. Refractory Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Chromium Oxide Green 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. Chromium Oxide Green Market Size and Volume Forecast by Application
6.3.1. Coating
6.3.2. Ceramics
6.3.3. Rubber
6.3.4. Metallurgy
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Chromium Oxide Green 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. Chromium Oxide Green 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 Chromium Oxide Green 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. Chromium Oxide Green 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 Chromium Oxide Green Demand Share Forecast, 2019-2026
9. North America Chromium Oxide Green 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 Chromium Oxide Green 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 Chromium Oxide Green Market Size and Volume Forecast by Application
9.4.1. Coating
9.4.2. Ceramics
9.4.3. Rubber
9.4.4. Metallurgy
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Chromium Oxide Green Market Size and Volume Forecast by Type
9.7.1. Pigment Grade
9.7.2. Metallurgical Grade
9.7.3. Refractory Grade
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 Chromium Oxide Green Demand Share Forecast, 2019-2026
10. Latin America Chromium Oxide Green 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 Chromium Oxide Green 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 Chromium Oxide Green Market Size and Volume Forecast by Application
10.4.1. Coating
10.4.2. Ceramics
10.4.3. Rubber
10.4.4. Metallurgy
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Chromium Oxide Green Market Size and Volume Forecast by Type
10.7.1. Pigment Grade
10.7.2. Metallurgical Grade
10.7.3. Refractory Grade
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 Chromium Oxide Green Demand Share Forecast, 2019-2026
11. Europe Chromium Oxide Green 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 Chromium Oxide Green 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 Chromium Oxide Green Market Size and Volume Forecast by Application
11.4.1. Coating
11.4.2. Ceramics
11.4.3. Rubber
11.4.4. Metallurgy
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Chromium Oxide Green Market Size and Volume Forecast by Type
11.7.1. Pigment Grade
11.7.2. Metallurgical Grade
11.7.3. Refractory Grade
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 Chromium Oxide Green Demand Share, 2019-2026
12. Asia Pacific Chromium Oxide Green 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 Chromium Oxide Green 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 Chromium Oxide Green Market Size and Volume Forecast by Application
12.4.1. Coating
12.4.2. Ceramics
12.4.3. Rubber
12.4.4. Metallurgy
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Chromium Oxide Green Market Size and Volume Forecast by Type
12.7.1. Pigment Grade
12.7.2. Metallurgical Grade
12.7.3. Refractory Grade
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 Chromium Oxide Green Demand Share, 2019-2026
13. Middle East & Africa Chromium Oxide Green 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 Chromium Oxide Green 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 Chromium Oxide Green Market Size and Volume Forecast by Application
13.4.1. Coating
13.4.2. Ceramics
13.4.3. Rubber
13.4.4. Metallurgy
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Chromium Oxide Green Market Size and Volume Forecast by Type
13.7.1. Pigment Grade
13.7.2. Metallurgical Grade
13.7.3. Refractory Grade
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 Chromium Oxide Green Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Chromium Oxide Green Market: Market Share Analysis
14.2. Chromium Oxide Green Distributors and Customers
14.3. Chromium Oxide Green Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aktyubinsk
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Elementis
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Midural Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vishnu
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Soda Sanayii
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lanxess
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hunter Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sun Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Huntsman (Venator)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chongqing Minfeng Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sichuan Yinhe Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Huangshi Zhenhua Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BlueStar Yima Chrome Chemical Materials
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hebei Chromate Chemical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Luoyang Zhengjie
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jirong Chemical
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
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook