Market Overview:
The global chromium (VI) reducing agent market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for chromium (VI) reducing agents from various applications such as Portland cement, concrete and others. In addition, the growing construction industry in emerging economies is also expected to fuel the demand for chromium (VI) reducing agents over the forecast period. On the basis of type, granule segment is anticipated to account for a major share of global chromium (VI) reducing agent market in 2018. This can be attributed to its high efficiency and easy handling properties as compared to powder form Chromium VI reducers.
 Reducing Agent Industry Outlook.svg)
Product Definition:
A chromium (VI) reducing agent is a chemical that reduces chromium (VI) to chromium (III). Chromium (VI) is a toxic form of chromium that can cause serious health problems. Reducing agents are used to remove it from water and other environmental media.
Granule:
Granule is a dry, free-flowing powder made from organic materials. It has high surface area and low particle size which results in higher reactivity towards the solution. Granules are used as additives to enhance certain properties such as wetting or dispersion of another substance in water or oil, viscosity, thermal stability and anti-caking.
Powder:
Powder is a solid form of an agent that can be used to decrease the content of hexavalent chromium (VI) in various products. It is also used as an intermediate during the production of other chemicals such as sulfuric acid, nitric acid, and peroxide and for producing polymers.
Application Insights:
The other application segment includes paints & coatings, textile dyes, leather dying and inks. Chromium (VI) reducing agents are used as a component in the manufacturing of various chromium based products including paints & coatings, leather dying solutions and textile dyes. The increasing demand for such products from various end-use industries is expected to be the key driving factor for market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major cement and concrete producers including Nippon Kayaku, Kansai Cement, JX Holdings, India Cements Limited among others. Growing construction activities coupled with increasing per capita income levels in developing countries such as China and India are anticipated to drive product demand over the next eight years.
Europe was estimated at USD X million in 2017 owing to high chromium content found naturally occurring minerals like chromium (VI) sulfamate complexes, cristobalite-chromium (III) oxide complex etc., which need not be reduced further but still have an important application scope. However growing demand for reducing agents that consume less energy has led manufacturers across Europe including Evonik Industries AG; BASF SE; Sibur Holding AG & Co.; Beiersdorf AG etc.
Growth Factors:
- Increasing demand from various end-use industries such as automotive, aerospace, and construction
- Growing awareness about the benefits of using chromium (VI) reducing agents among consumers
- Rising investments by key players in research and development to develop new and innovative products
- Expansion of distribution channels by leading players to increase their presence in the market
- Emergence of new applications for chromium (VI) reducing agents in different end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Chromium (VI) Reducing Agent Market Research Report
By Type
Granule, Powder
By Application
Portland Cement, Concrete, Other
By Companies
CHRYSO, TIB, Sichuan Ruikeluo Environmental Protection Technology, Sichuan Boruiyuan, Yunnan Tin Company, Sichuan Fengge Technology, CHRYSO
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Chromium (VI) Reducing Agent Market Report Segments:
The global Chromium (VI) Reducing Agent market is segmented on the basis of:
Types
Granule, Powder
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
Portland Cement, Concrete, 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:
- CHRYSO
- TIB
- Sichuan Ruikeluo Environmental Protection Technology
- Sichuan Boruiyuan
- Yunnan Tin Company
- Sichuan Fengge Technology
- CHRYSO
 Reducing Agent Market Overview.svg)
Highlights of The Chromium (VI) Reducing Agent 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:
- Granule
- Powder
- By Application:
- Portland Cement
- Concrete
- 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 (VI) Reducing Agent 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
 Reducing Agent Market Statistics.svg)
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 (VI) reducing agent is a chemical that helps to reduce the amount of chromium (VI) in water. Chromium (VI) can be harmful if it enters the environment or is ingested by humans. By using a chromium (VI) reducing agent, water treatment facilities can reduce the amount of chromium (VI) released into the environment.
Some of the major companies in the chromium (vi) reducing agent market are CHRYSO, TIB, Sichuan Ruikeluo Environmental Protection Technology, Sichuan Boruiyuan, Yunnan Tin Company, Sichuan Fengge Technology, CHRYSO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chromium (VI) Reducing Agent 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 (VI) Reducing Agent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chromium (VI) Reducing Agent 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 (VI) Reducing Agent 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 (VI) Reducing Agent Market Size & Forecast, 2018-2028
4.5.1 Chromium (VI) Reducing Agent Market Size and Y-o-Y Growth
4.5.2 Chromium (VI) Reducing Agent Market Absolute $ Opportunity
Chapter 5 Global Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Type
5.2.1 Granule
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Applications
6.2.1 Portland Cement
6.2.2 Concrete
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chromium (VI) Reducing Agent 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 (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Analysis and Forecast
9.1 Introduction
9.2 North America Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Type
9.6.1 Granule
9.6.2 Powder
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 Chromium (VI) Reducing Agent Market Size Forecast by Applications
9.10.1 Portland Cement
9.10.2 Concrete
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 Chromium (VI) Reducing Agent Analysis and Forecast
10.1 Introduction
10.2 Europe Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Type
10.6.1 Granule
10.6.2 Powder
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 Chromium (VI) Reducing Agent Market Size Forecast by Applications
10.10.1 Portland Cement
10.10.2 Concrete
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 Chromium (VI) Reducing Agent Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Type
11.6.1 Granule
11.6.2 Powder
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 Chromium (VI) Reducing Agent Market Size Forecast by Applications
11.10.1 Portland Cement
11.10.2 Concrete
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 Chromium (VI) Reducing Agent Analysis and Forecast
12.1 Introduction
12.2 Latin America Chromium (VI) Reducing Agent 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 Chromium (VI) Reducing Agent Market Size Forecast by Type
12.6.1 Granule
12.6.2 Powder
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 Chromium (VI) Reducing Agent Market Size Forecast by Applications
12.10.1 Portland Cement
12.10.2 Concrete
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) Chromium (VI) Reducing Agent Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chromium (VI) Reducing Agent 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) Chromium (VI) Reducing Agent Market Size Forecast by Type
13.6.1 Granule
13.6.2 Powder
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) Chromium (VI) Reducing Agent Market Size Forecast by Applications
13.10.1 Portland Cement
13.10.2 Concrete
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 (VI) Reducing Agent Market: Competitive Dashboard
14.2 Global Chromium (VI) Reducing Agent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CHRYSO
14.3.2 TIB
14.3.3 Sichuan Ruikeluo Environmental Protection Technology
14.3.4 Sichuan Boruiyuan
14.3.5 Yunnan Tin Company
14.3.6 Sichuan Fengge Technology
14.3.7 CHRYSO
