Market Overview:
The global high performance chrome metal powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high performance chrome metal powder from various end-use industries, such as high-strength and high-conductivity alloy, medium and high voltage electrical contact materials, target, superalloy, and others. In addition, the growing demand for vacuum grade degassed chromium powder is also contributing to the growth of this market.
Product Definition:
A high performance chrome metal powder is a type of chromium powder that is specifically designed for use in high-performance applications. It has been engineered to provide superior wear and corrosion resistance, as well as excellent dimensional stability. This makes it ideal for use in a variety of industries, including automotive, aerospace, and defense.
High Purity, Low Oxygen, Low Nitrogen, Low Acid Insoluble Chromium Powder:
High purity, low oxygen, low nitrogen, and low acid insoluble chromium powders are used in various applications including automotive industry. The market for high performance chrome metal powder is expected to witness significant growth over the forecast period owing to its increasing demand from the automotive industry. In addition, growing environmental concerns regarding carbon emissions have resulted in increased usage of insulating materials such as ceramic coatings which require high-purity materials for their production.
Vacuum Grade Degassed Chromium Powder:
Vacuum grade degassed chromium (VCD) powder is produced by vacuum distillation of hexavalent chromium. It has a composition of about 68%Cr, 16%C, 8%H and 2%O. VCD offers several superior properties such as corrosion resistance, hardness & toughness over other chrome alloys and base metals.
Application Insights:
High-strength and high-conductivity alloy was the largest application segment in 2017. This is attributed to its rising use in applications, such as automotive transmission components, construction equipment parts, industrial machinery parts and medical devices. In addition, it is also used as a material for manufacturing electrical contacts that are required to have low resistance along with high conductivity properties. These factors are projected to drive the global market over the forecast period.
Medium voltage electrical contact materials were valued at USD 281 million in 2017 owing to their increasing demand from power generation plants across various regions of the world including Asia Pacific and Middle East & Africa on account of growing electricity needs coupled with an increase in installed base of power generation facilities over recent years. The product has excellent resistance towards oxidation meaning that it does not react with oxygen making it an ideal material for use while assembling medium voltage switchgear components which further drives its demand globally during this period under review.
Regional Analysis:
Asia Pacific was the largest market for high performance chrome metal powder and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries such as automotive, aerospace, energy & power, industrial machinery and others.
The presence of key manufacturers coupled with low labor cost in countries such as China and India are some major factors responsible for increased production volumes in this region. In addition, favorable government policies encouraging domestic manufacturing activities are anticipated to further drive industry growth.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
- Growing popularity of chrome metal powder among additive manufacturing (AM) users
- Rising demand for corrosion-resistant coatings and finishes in various end-use industries
- Technological advancements that have led to the development of new applications for chrome metal powder
- Growing awareness about the benefits of using chrome metal powder in various industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Chrome Metal Powder Market Research Report
By Type
High Purity, Low Oxygen, Low Nitrogen, Low Acid Insoluble Chromium Powder, Vacuum Grade Degassed Chromium Powder, Others
By Application
High-Strength and High-Conductivity Alloy, Medium and High Voltage Electrical Contact Materials, Target, Superalloy, Other
By Companies
Shanxi Sirui New Materials, DCX Chrome (Delachaux Group), CITIC Metal
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
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Chrome Metal Powder Market Report Segments:
The global High Performance Chrome Metal Powder market is segmented on the basis of:
Types
High Purity, Low Oxygen, Low Nitrogen, Low Acid Insoluble Chromium Powder, Vacuum Grade Degassed Chromium Powder, Others
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
High-Strength and High-Conductivity Alloy, Medium and High Voltage Electrical Contact Materials, Target, Superalloy, 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:
- Shanxi Sirui New Materials
- DCX Chrome (Delachaux Group)
- CITIC Metal
Highlights of The High Performance Chrome Metal 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:
- High Purity, Low Oxygen, Low Nitrogen, Low Acid Insoluble Chromium Powder
- Vacuum Grade Degassed Chromium Powder
- Others
- By Application:
- High-Strength and High-Conductivity Alloy
- Medium and High Voltage Electrical Contact Materials
- Target
- Superalloy
- 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 High Performance Chrome Metal 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
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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?
High Performance Chrome Metal Powder is a finely ground metal powder that is used in industrial and automotive applications. It is an excellent choice for use in chrome plating, as it provides a high level of adhesion and corrosion resistance.
Some of the major companies in the high performance chrome metal powder market are Shanxi Sirui New Materials, DCX Chrome (Delachaux Group), CITIC Metal.
The high performance chrome metal 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 High Performance Chrome Metal 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 High Performance Chrome Metal Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance Chrome Metal 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 High Performance Chrome Metal 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 High Performance Chrome Metal Powder Market Size & Forecast, 2018-2028
4.5.1 High Performance Chrome Metal Powder Market Size and Y-o-Y Growth
4.5.2 High Performance Chrome Metal Powder Market Absolute $ Opportunity
Chapter 5 Global High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Type
5.2.1 High Purity
5.2.2 Low Oxygen
5.2.3 Low Nitrogen
5.2.4 Low Acid Insoluble Chromium Powder
5.2.5 Vacuum Grade Degassed Chromium Powder
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Applications
6.2.1 High-Strength and High-Conductivity Alloy
6.2.2 Medium and High Voltage Electrical Contact Materials
6.2.3 Target
6.2.4 Superalloy
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Chrome Metal 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 High Performance Chrome Metal 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 High Performance Chrome Metal Powder Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Type
9.6.1 High Purity
9.6.2 Low Oxygen
9.6.3 Low Nitrogen
9.6.4 Low Acid Insoluble Chromium Powder
9.6.5 Vacuum Grade Degassed Chromium Powder
9.6.6 Others
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 High Performance Chrome Metal Powder Market Size Forecast by Applications
9.10.1 High-Strength and High-Conductivity Alloy
9.10.2 Medium and High Voltage Electrical Contact Materials
9.10.3 Target
9.10.4 Superalloy
9.10.5 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 High Performance Chrome Metal Powder Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Type
10.6.1 High Purity
10.6.2 Low Oxygen
10.6.3 Low Nitrogen
10.6.4 Low Acid Insoluble Chromium Powder
10.6.5 Vacuum Grade Degassed Chromium Powder
10.6.6 Others
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 High Performance Chrome Metal Powder Market Size Forecast by Applications
10.10.1 High-Strength and High-Conductivity Alloy
10.10.2 Medium and High Voltage Electrical Contact Materials
10.10.3 Target
10.10.4 Superalloy
10.10.5 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 High Performance Chrome Metal Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Type
11.6.1 High Purity
11.6.2 Low Oxygen
11.6.3 Low Nitrogen
11.6.4 Low Acid Insoluble Chromium Powder
11.6.5 Vacuum Grade Degassed Chromium Powder
11.6.6 Others
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 High Performance Chrome Metal Powder Market Size Forecast by Applications
11.10.1 High-Strength and High-Conductivity Alloy
11.10.2 Medium and High Voltage Electrical Contact Materials
11.10.3 Target
11.10.4 Superalloy
11.10.5 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 High Performance Chrome Metal Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Chrome Metal Powder 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 High Performance Chrome Metal Powder Market Size Forecast by Type
12.6.1 High Purity
12.6.2 Low Oxygen
12.6.3 Low Nitrogen
12.6.4 Low Acid Insoluble Chromium Powder
12.6.5 Vacuum Grade Degassed Chromium Powder
12.6.6 Others
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 High Performance Chrome Metal Powder Market Size Forecast by Applications
12.10.1 High-Strength and High-Conductivity Alloy
12.10.2 Medium and High Voltage Electrical Contact Materials
12.10.3 Target
12.10.4 Superalloy
12.10.5 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) High Performance Chrome Metal Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Chrome Metal Powder 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) High Performance Chrome Metal Powder Market Size Forecast by Type
13.6.1 High Purity
13.6.2 Low Oxygen
13.6.3 Low Nitrogen
13.6.4 Low Acid Insoluble Chromium Powder
13.6.5 Vacuum Grade Degassed Chromium Powder
13.6.6 Others
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) High Performance Chrome Metal Powder Market Size Forecast by Applications
13.10.1 High-Strength and High-Conductivity Alloy
13.10.2 Medium and High Voltage Electrical Contact Materials
13.10.3 Target
13.10.4 Superalloy
13.10.5 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 High Performance Chrome Metal Powder Market: Competitive Dashboard
14.2 Global High Performance Chrome Metal Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shanxi Sirui New Materials
14.3.2 DCX Chrome (Delachaux Group)
14.3.3 CITIC Metal
