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Global Chromic Acid Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 109 pages | ID: G34861C1FED7EN
APO Research

US$ 3,450.00

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Chromic Acid ?H2CrO4?is hygroscopic and a strong oxidizer easily dissolves in water. It is widely used in industries like metal coating, wood preservation and manufacturing of magnetic tape and organic chemicals.

Chromium trioxide?CrO3? is the anhydride of chromic acid. It is a red solid piece at room temperature. It can precipitate by adding sulfuric acid in chromate or dichromate solution. Therefore it is also known as “chromic acid”. In this report, we choose the Chromium trioxide with purity ?99% to calculate the quantity of Chromic Acid.

According to APO Research, The global Chromic Acid market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

China is the largest Chromic Acid market with about 50% market share. Europe is follower, accounting for about 25% market share.

The key players are LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals, Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Chromic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chromic Acid.

The Chromic Acid market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Chromic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • LANXESS South Africa
  • Soda Sanayii
  • Elementis
  • MidUral Group
  • Novotroitsk Plant of Chromium Compounds
  • Hunter Chemical
  • Atotech Deutschland
  • Vishnu Chemicals
  • Chongqing Minfeng Chemical
  • Sichuan Yinhe Chemical
  • Huangshi Zhenhua Chemical
Chromic Acid segment by Type
  • Excellent Grade
  • First Grade
  • Qualified
Chromic Acid segment by Application
  • Wood Preservation
  • Metal Planting
  • Others
Chromic Acid Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Chromic Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Chromic Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Chromic Acid.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Chromic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Chromic Acid Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Chromic Acid Sales Estimates and Forecasts (2019-2030)
1.3 Chromic Acid Market by Type
  1.3.1 Excellent Grade
  1.3.2 First Grade
  1.3.3 Qualified
1.4 Global Chromic Acid Market Size by Type
  1.4.1 Global Chromic Acid Market Size Overview by Type (2019-2030)
  1.4.2 Global Chromic Acid Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Chromic Acid Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Chromic Acid Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Chromic Acid Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Chromic Acid Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Chromic Acid Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Chromic Acid Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Chromic Acid Industry Trends
2.2 Chromic Acid Industry Drivers
2.3 Chromic Acid Industry Opportunities and Challenges
2.4 Chromic Acid Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Chromic Acid Revenue (2019-2024)
3.2 Global Top Players by Chromic Acid Sales (2019-2024)
3.3 Global Top Players by Chromic Acid Price (2019-2024)
3.4 Global Chromic Acid Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Chromic Acid Key Company Manufacturing Sites & Headquarters
3.6 Global Chromic Acid Company, Product Type & Application
3.7 Global Chromic Acid Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Chromic Acid Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Chromic Acid Players Market Share by Revenue in 2023
  3.8.3 2023 Chromic Acid Tier 1, Tier 2, and Tier

4 CHROMIC ACID REGIONAL STATUS AND OUTLOOK

4.1 Global Chromic Acid Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Chromic Acid Historic Market Size by Region
  4.2.1 Global Chromic Acid Sales in Volume by Region (2019-2024)
  4.2.2 Global Chromic Acid Sales in Value by Region (2019-2024)
  4.2.3 Global Chromic Acid Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Chromic Acid Forecasted Market Size by Region
  4.3.1 Global Chromic Acid Sales in Volume by Region (2025-2030)
  4.3.2 Global Chromic Acid Sales in Value by Region (2025-2030)
  4.3.3 Global Chromic Acid Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 CHROMIC ACID BY APPLICATION

5.1 Chromic Acid Market by Application
  5.1.1 Wood Preservation
  5.1.2 Metal Planting
  5.1.3 Others
5.2 Global Chromic Acid Market Size by Application
  5.2.1 Global Chromic Acid Market Size Overview by Application (2019-2030)
  5.2.2 Global Chromic Acid Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Chromic Acid Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Chromic Acid Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Chromic Acid Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Chromic Acid Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Chromic Acid Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Chromic Acid Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 LANXESS South Africa
  6.1.1 LANXESS South Africa Comapny Information
  6.1.2 LANXESS South Africa Business Overview
  6.1.3 LANXESS South Africa Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 LANXESS South Africa Chromic Acid Product Portfolio
  6.1.5 LANXESS South Africa Recent Developments
6.2 Soda Sanayii
  6.2.1 Soda Sanayii Comapny Information
  6.2.2 Soda Sanayii Business Overview
  6.2.3 Soda Sanayii Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Soda Sanayii Chromic Acid Product Portfolio
  6.2.5 Soda Sanayii Recent Developments
6.3 Elementis
  6.3.1 Elementis Comapny Information
  6.3.2 Elementis Business Overview
  6.3.3 Elementis Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Elementis Chromic Acid Product Portfolio
  6.3.5 Elementis Recent Developments
6.4 MidUral Group
  6.4.1 MidUral Group Comapny Information
  6.4.2 MidUral Group Business Overview
  6.4.3 MidUral Group Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 MidUral Group Chromic Acid Product Portfolio
  6.4.5 MidUral Group Recent Developments
6.5 Novotroitsk Plant of Chromium Compounds
  6.5.1 Novotroitsk Plant of Chromium Compounds Comapny Information
  6.5.2 Novotroitsk Plant of Chromium Compounds Business Overview
  6.5.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Novotroitsk Plant of Chromium Compounds Chromic Acid Product Portfolio
  6.5.5 Novotroitsk Plant of Chromium Compounds Recent Developments
6.6 Hunter Chemical
  6.6.1 Hunter Chemical Comapny Information
  6.6.2 Hunter Chemical Business Overview
  6.6.3 Hunter Chemical Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Hunter Chemical Chromic Acid Product Portfolio
  6.6.5 Hunter Chemical Recent Developments
6.7 Atotech Deutschland
  6.7.1 Atotech Deutschland Comapny Information
  6.7.2 Atotech Deutschland Business Overview
  6.7.3 Atotech Deutschland Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Atotech Deutschland Chromic Acid Product Portfolio
  6.7.5 Atotech Deutschland Recent Developments
6.8 Vishnu Chemicals
  6.8.1 Vishnu Chemicals Comapny Information
  6.8.2 Vishnu Chemicals Business Overview
  6.8.3 Vishnu Chemicals Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Vishnu Chemicals Chromic Acid Product Portfolio
  6.8.5 Vishnu Chemicals Recent Developments
6.9 Chongqing Minfeng Chemical
  6.9.1 Chongqing Minfeng Chemical Comapny Information
  6.9.2 Chongqing Minfeng Chemical Business Overview
  6.9.3 Chongqing Minfeng Chemical Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Chongqing Minfeng Chemical Chromic Acid Product Portfolio
  6.9.5 Chongqing Minfeng Chemical Recent Developments
6.10 Sichuan Yinhe Chemical
  6.10.1 Sichuan Yinhe Chemical Comapny Information
  6.10.2 Sichuan Yinhe Chemical Business Overview
  6.10.3 Sichuan Yinhe Chemical Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Sichuan Yinhe Chemical Chromic Acid Product Portfolio
  6.10.5 Sichuan Yinhe Chemical Recent Developments
6.11 Huangshi Zhenhua Chemical
  6.11.1 Huangshi Zhenhua Chemical Comapny Information
  6.11.2 Huangshi Zhenhua Chemical Business Overview
  6.11.3 Huangshi Zhenhua Chemical Chromic Acid Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Huangshi Zhenhua Chemical Chromic Acid Product Portfolio
  6.11.5 Huangshi Zhenhua Chemical Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Chromic Acid Sales by Country
  7.1.1 North America Chromic Acid Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Chromic Acid Sales by Country (2019-2024)
  7.1.3 North America Chromic Acid Sales Forecast by Country (2025-2030)
7.2 North America Chromic Acid Market Size by Country
  7.2.1 North America Chromic Acid Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Chromic Acid Market Size by Country (2019-2024)
  7.2.3 North America Chromic Acid Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Chromic Acid Sales by Country
  8.1.1 Europe Chromic Acid Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Chromic Acid Sales by Country (2019-2024)
  8.1.3 Europe Chromic Acid Sales Forecast by Country (2025-2030)
8.2 Europe Chromic Acid Market Size by Country
  8.2.1 Europe Chromic Acid Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Chromic Acid Market Size by Country (2019-2024)
  8.2.3 Europe Chromic Acid Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Chromic Acid Sales by Country
  9.1.1 Asia-Pacific Chromic Acid Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Chromic Acid Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Chromic Acid Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Chromic Acid Market Size by Country
  9.2.1 Asia-Pacific Chromic Acid Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Chromic Acid Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Chromic Acid Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Chromic Acid Sales by Country
  10.1.1 Latin America Chromic Acid Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Chromic Acid Sales by Country (2019-2024)
  10.1.3 Latin America Chromic Acid Sales Forecast by Country (2025-2030)
10.2 Latin America Chromic Acid Market Size by Country
  10.2.1 Latin America Chromic Acid Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Chromic Acid Market Size by Country (2019-2024)
  10.2.3 Latin America Chromic Acid Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Chromic Acid Sales by Country
  11.1.1 Middle East and Africa Chromic Acid Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Chromic Acid Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Chromic Acid Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Chromic Acid Market Size by Country
  11.2.1 Middle East and Africa Chromic Acid Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Chromic Acid Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Chromic Acid Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Chromic Acid Value Chain Analysis
  12.1.1 Chromic Acid Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Chromic Acid Production Mode & Process
12.2 Chromic Acid Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Chromic Acid Distributors
  12.2.3 Chromic Acid Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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