Market Overview:
The global chromium nitride powder 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 nitride powder in various applications, such as aviation alloys, special alloys and others. Chromium nitride powder is also used in other industries such as medical and dental implants, cutting tools and dies, etc. North America dominates the global chromium nitride powder market due to the presence of major players operating in this region.
Product Definition:
Chromium Nitride Powder is a compound of chromium and nitrogen with the chemical formula CrN. It is a black, lustrous, hard material that is insoluble in water and most common solvents. Chromium nitride powder has a high melting point of 3000 degrees Celsius and exhibits good thermal stability. It is used as an additive in metal alloys to improve their strength, hardness, and wear resistance.
99.9% Purity:
99.9% purity is a very high level of purity which can be achieved by distillation or rotary evaporation method.
99.8% Purity:
99.8% purity is a type of ceramic material that has been processed by the removal of impurities to such an extent that there are no significant quantities of other materials left. 99.8% purest form can be used in the production of Chromium Nitride (CrN) powder, which is further used in various applications including high-temperature superalloys and specialized engineering materials for aerospace and military industries.
Application Insights:
The other application segment includes automotive, construction and industrial applications. The aviation alloy segment is expected to be the fastest-growing application over the forecast period owing to its rising demand in aerospace components including turbine blades, airframes and heat exchangers. Growing aircraft manufacturing industry coupled with chromium nitride¢â‚¬â„¢s high corrosion resistance is expected to drive product demand for this application over the coming years.
Special alloys are used in various industries including energy, defense and transportation on account of their properties such as strength, hardness and wear resistance. Increasing use of these alloys in heavy machinery as well as cutting tools for metal ores will boost market growth over the coming years. Chromium nitride powder also finds applications in medical equipment due to its biocompatibility along with superior performance characteristics when compared with conventional products available in the market place today.
Regional Analysis:
Asia Pacific dominated the global chromium nitride powder market in terms of revenue with a share of over 60% in 2017. The region is expected to witness significant growth owing to increasing demand from various application industries, such as aerospace and defense, automotive, industrial machinery and others.
The presence of key aircraft manufacturers including Boeing Co., Airbus S.A., Dassault Aviation SA-003EA/ESAFIYA (Safran), Shenzhen Airlines Ltd., etc. has driven the regional market for chromium nitride powder. Furthermore, rapid industrialization coupled with growing infrastructure activities is also anticipated to drive product demand over the forecast period.
Growth Factors:
- Increasing demand from the semiconductor and electronics industries for chromium nitride powder as a hard coating material to improve wear and corrosion resistance.
- Growing use of chromium nitride powder in cutting tools, due to its superior wear resistance compared to other coatings such as titanium nitride (TiN) and aluminum oxide (Al2O3).
- Rising demand for chromium nitride powder from the medical industry for use in implantable devices, prosthetics, and dental implants.
- Increasing popularity of chromium nitride nanopowder among researchers due to its unique properties such as high hardness, low friction coefficient, and high thermal stability.
- Growing investments by leading players in R&D activities to develop new applications for chromium nitride powder
Scope Of The Report
Report Attributes
Report Details
Report Title
Chromium Nitride Powder Market Research Report
By Type
99.9% Purity, 99.8% Purity, Other
By Application
Aviation Alloy, Special Alloy, Other
By Companies
Beijing Youxinglian Nonferrous Metals, JAPAN NEW METALS, H.C. Starck, Shanghai Greenearth Chemicals, Shanghai Xinglu Chemical Technology, Zhejiang Yamei Nano Technology
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Chromium Nitride Powder Market Report Segments:
The global Chromium Nitride Powder market is segmented on the basis of:
Types
99.9% Purity, 99.8% Purity, Other
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
Aviation Alloy, Special Alloy, 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:
- Beijing Youxinglian Nonferrous Metals
- JAPAN NEW METALS
- H.C. Starck
- Shanghai Greenearth Chemicals
- Shanghai Xinglu Chemical Technology
- Zhejiang Yamei Nano Technology
Highlights of The Chromium Nitride Powder 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:
- 99.9% Purity
- 99.8% Purity
- Other
- By Application:
- Aviation Alloy
- Special Alloy
- 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 Nitride Powder 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 nitride powder is a white, odorless, and tasteless material that is used in the production of various electronic components. It is also used as an oxidizer in rocket propellants.
Some of the key players operating in the chromium nitride powder market are Beijing Youxinglian Nonferrous Metals, JAPAN NEW METALS, H.C. Starck, Shanghai Greenearth Chemicals, Shanghai Xinglu Chemical Technology, Zhejiang Yamei Nano Technology.
The chromium nitride powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chromium Nitride Powder 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 Chromium Nitride Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chromium Nitride Powder 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 Chromium Nitride Powder 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 Chromium Nitride Powder Market Size & Forecast, 2020-2028
4.5.1 Chromium Nitride Powder Market Size and Y-o-Y Growth
4.5.2 Chromium Nitride Powder Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 99.9% Purity
5.2.2 99.8% Purity
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Aviation Alloy
6.2.2 Special Alloy
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chromium Nitride Powder 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 Chromium Nitride Powder 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 99.9% Purity
9.6.2 99.8% Purity
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Aviation Alloy
9.10.2 Special Alloy
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 99.9% Purity
10.6.2 99.8% Purity
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Aviation Alloy
10.10.2 Special Alloy
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 99.9% Purity
11.6.2 99.8% Purity
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Aviation Alloy
11.10.2 Special Alloy
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 99.9% Purity
12.6.2 99.8% Purity
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Aviation Alloy
12.10.2 Special Alloy
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 99.9% Purity
13.6.2 99.8% Purity
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Aviation Alloy
13.10.2 Special Alloy
13.10.3 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 Chromium Nitride Powder Market: Competitive Dashboard
14.2 Global Chromium Nitride Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beijing Youxinglian Nonferrous Metals
14.3.2 JAPAN NEW METALS
14.3.3 H.C. Starck
14.3.4 Shanghai Greenearth Chemicals
14.3.5 Shanghai Xinglu Chemical Technology
14.3.6 Zhejiang Yamei Nano Technology
