Chromium Mining Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

April 2025 | 90 pages | ID: CC99CE5754D7EN
Prof Research

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Chromium Mining Market Summary

Introduction

Chromium mining is a cornerstone of the global metals industry, driven by its essential role in stainless steel production and other high-performance applications. World chromium resources exceed 12 billion tons of shipping-grade chromite, sufficient to meet demand for centuries, with 95% concentrated in Kazakhstan and southern Africa, alongside minor deposits in the U.S. Stillwater Complex in Montana. In 2024, global chromium ore supply is expected to reach 42.4 million tons, a 1.9% increase year-over-year, with incremental growth from South Africa, Kazakhstan, and India. South African majors report modest production increases, while India’s growth is tied to rising stainless steel demand. China, a key consumer, expects new ferrochrome capacity under 2 million tons in 2024, bolstering chromium demand, while Indonesia’s Tsingshan ferrochrome project further drives local needs. The industry is characterized by stable supply from a few dominant regions, limited new mine development, and strong demand from metallurgical and industrial sectors, though supply increments remain constrained by existing operations’ capacity.

Market Size and Growth Forecast

The global chromium mining market is projected to reach USD 10 billion to USD 14 billion by 2025, with an estimated CAGR of 1.5% to 2.5% through 2030, reflecting steady industrial demand and limited supply expansion.

Regional Analysis

Africa expects growth of 1.8% to 2.8%, with South Africa leading due to its vast reserves and production increases. Central Asia, notably Kazakhstan, anticipates 1.5% to 2.5%, supported by stable exports. Asia Pacific projects 2% to 3%, with India and China driving demand through stainless steel and ferrochrome growth, and Indonesia emerging as a consumer. Europe expects 1% to 1.8%, relying on imports for steel production. North America anticipates 0.5% to 1.5%, with minimal domestic mining offset by industrial needs.

Application Analysis

Metallurgical: Projected at 1.8% to 2.8%, dominates due to stainless steel demand, with trends toward higher-grade alloys.

Chemical and Foundry Sand: Expected at 1% to 2%, used in chromate production and casting, with steady industrial use.

Refractory: Anticipated at 0.8% to 1.5%, serves high-temperature applications, with niche but stable growth.

Key Market Players

ENRC: A Kazakh firm, ENRC is a major chromium producer with global reach.

Glencore: A Swiss giant, Glencore operates chromium mines in South Africa.

ERG: A Luxembourg-based company, ERG focuses on chromium in Kazakhstan and Africa.

Tata Steel Mines: An Indian player, Tata supplies chromium for its steel operations.

Samancor: A South African firm, Samancor is a leading chromite producer.

AssMang: A South African company, AssMang integrates chromium with manganese mining.

Yildirim: A Turkish firm, Yildirim operates chromium mines in Turkey and Kazakhstan.

Outokumpu: A Finnish company, Outokumpu mines chromium for stainless steel.

Sinosteel Corporation: A Chinese state-owned entity, Sinosteel engages in chromium mining and trading.

Afark: An Indian firm, Afark focuses on chromium for domestic steel needs.

Ferbase: A Brazilian company, Ferbase supplies chromium to regional markets.

Porter’s Five Forces Analysis
  • Threat of New Entrants: Low. Vast reserves and high costs deter new players.
  • Threat of Substitutes: Low. Chromium’s role in stainless steel lacks viable alternatives.
  • Bargaining Power of Buyers: Moderate. Steel producers have leverage, but supply concentration limits options.
  • Bargaining Power of Suppliers: High. Few regions dominate, strengthening producers.
  • Competitive Rivalry: Moderate. Established firms compete on quality and scale.
Market Opportunities and Challenges

Opportunities
  • Stainless Steel Demand: Global infrastructure growth drives chromium use.
  • Emerging Markets: India and Indonesia boost consumption.
  • Stable Supply: Vast reserves ensure long-term availability.
  • Tech Advancements: Improved mining efficiency enhances output.
  • Industrial Growth: Chemical and refractory uses expand.
Challenges
  • Limited Increment: No major new mines constrain supply growth.
  • Geopolitical Risks: Concentration in few regions poses risks.
  • Environmental Impact: Mining regulations tighten.
  • Cost Pressures: Rising operational costs challenge profitability.
  • Demand Fluctuations: Economic cycles affect steel consumption.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Chromium Mining Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Chromium Mining by Region
8.2 Import of Chromium Mining by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST CHROMIUM MINING MARKET IN NORTH AMERICA (2020-2030)

9.1 Chromium Mining Market Size
9.2 Chromium Mining Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST CHROMIUM MINING MARKET IN SOUTH AMERICA (2020-2030)

10.1 Chromium Mining Market Size
10.2 Chromium Mining Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST CHROMIUM MINING MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Chromium Mining Market Size
11.2 Chromium Mining Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST CHROMIUM MINING MARKET IN EUROPE (2020-2030)

12.1 Chromium Mining Market Size
12.2 Chromium Mining Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST CHROMIUM MINING MARKET IN MEA (2020-2030)

13.1 Chromium Mining Market Size
13.2 Chromium Mining Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL CHROMIUM MINING MARKET (2020-2025)

14.1 Chromium Mining Market Size
14.2 Chromium Mining Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL CHROMIUM MINING MARKET FORECAST (2025-2030)

15.1 Chromium Mining Market Size Forecast
15.2 Chromium Mining Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 ENRC
  16.1.1 Company Profile
  16.1.2 Main Business and Chromium Mining Information
  16.1.3 SWOT Analysis of ENRC
  16.1.4 ENRC Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Glencore
  16.2.1 Company Profile
  16.2.2 Main Business and Chromium Mining Information
  16.2.3 SWOT Analysis of Glencore
  16.2.4 Glencore Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 ERG
  16.3.1 Company Profile
  16.3.2 Main Business and Chromium Mining Information
  16.3.3 SWOT Analysis of ERG
  16.3.4 ERG Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Tata Steel Mines
  16.4.1 Company Profile
  16.4.2 Main Business and Chromium Mining Information
  16.4.3 SWOT Analysis of Tata Steel Mines
  16.4.4 Tata Steel Mines Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Samancor
  16.5.1 Company Profile
  16.5.2 Main Business and Chromium Mining Information
  16.5.3 SWOT Analysis of Samancor
  16.5.4 Samancor Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.6 AssMang
  16.6.1 Company Profile
  16.6.2 Main Business and Chromium Mining Information
  16.6.3 SWOT Analysis of AssMang
  16.6.4 AssMang Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
16.7 Yildirim
  16.7.1 Company Profile
  16.7.2 Main Business and Chromium Mining Information
  16.7.3 SWOT Analysis of Yildirim
  16.7.4 Yildirim Chromium Mining Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Chromium Mining Report
Table Data Sources of Chromium Mining Report
Table Major Assumptions of Chromium Mining Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Chromium Mining Picture
Table Chromium Mining Classification
Table Chromium Mining Applications List
Table Drivers of Chromium Mining Market
Table Restraints of Chromium Mining Market
Table Opportunities of Chromium Mining Market
Table Threats of Chromium Mining Market
Table Raw Materials Suppliers List
Table Different Production Methods of Chromium Mining
Table Cost Structure Analysis of Chromium Mining
Table Key End Users List
Table Latest News of Chromium Mining Market
Table Merger and Acquisition List
Table Planned/Future Project of Chromium Mining Market
Table Policy of Chromium Mining Market
Table 2020-2030 Regional Export of Chromium Mining
Table 2020-2030 Regional Import of Chromium Mining
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Chromium Mining Market Size and Market Volume List
Figure 2020-2030 North America Chromium Mining Market Size and CAGR
Figure 2020-2030 North America Chromium Mining Market Volume and CAGR
Table 2020-2030 North America Chromium Mining Demand List by Application
Table 2020-2025 North America Chromium Mining Key Players Sales List
Table 2020-2025 North America Chromium Mining Key Players Market Share List
Table 2020-2030 North America Chromium Mining Demand List by Type
Table 2020-2025 North America Chromium Mining Price List by Type
Table 2020-2030 United States Chromium Mining Market Size and Market Volume List
Table 2020-2030 United States Chromium Mining Import & Export List
Table 2020-2030 Canada Chromium Mining Market Size and Market Volume List
Table 2020-2030 Canada Chromium Mining Import & Export List
Table 2020-2030 Mexico Chromium Mining Market Size and Market Volume List
Table 2020-2030 Mexico Chromium Mining Import & Export List
Table 2020-2030 South America Chromium Mining Market Size and Market Volume List
Figure 2020-2030 South America Chromium Mining Market Size and CAGR
Figure 2020-2030 South America Chromium Mining Market Volume and CAGR
Table 2020-2030 South America Chromium Mining Demand List by Application
Table 2020-2025 South America Chromium Mining Key Players Sales List
Table 2020-2025 South America Chromium Mining Key Players Market Share List
Table 2020-2030 South America Chromium Mining Demand List by Type
Table 2020-2025 South America Chromium Mining Price List by Type
Table 2020-2030 Brazil Chromium Mining Market Size and Market Volume List
Table 2020-2030 Brazil Chromium Mining Import & Export List
Table 2020-2030 Argentina Chromium Mining Market Size and Market Volume List
Table 2020-2030 Argentina Chromium Mining Import & Export List
Table 2020-2030 Chile Chromium Mining Market Size and Market Volume List
Table 2020-2030 Chile Chromium Mining Import & Export List
Table 2020-2030 Peru Chromium Mining Market Size and Market Volume List
Table 2020-2030 Peru Chromium Mining Import & Export List
Table 2020-2030 Asia & Pacific Chromium Mining Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Chromium Mining Market Size and CAGR
Figure 2020-2030 Asia & Pacific Chromium Mining Market Volume and CAGR
Table 2020-2030 Asia & Pacific Chromium Mining Demand List by Application
Table 2020-2025 Asia & Pacific Chromium Mining Key Players Sales List
Table 2020-2025 Asia & Pacific Chromium Mining Key Players Market Share List
Table 2020-2030 Asia & Pacific Chromium Mining Demand List by Type
Table 2020-2025 Asia & Pacific Chromium Mining Price List by Type
Table 2020-2030 China Chromium Mining Market Size and Market Volume List
Table 2020-2030 China Chromium Mining Import & Export List
Table 2020-2030 India Chromium Mining Market Size and Market Volume List
Table 2020-2030 India Chromium Mining Import & Export List
Table 2020-2030 Japan Chromium Mining Market Size and Market Volume List
Table 2020-2030 Japan Chromium Mining Import & Export List
Table 2020-2030 South Korea Chromium Mining Market Size and Market Volume List
Table 2020-2030 South Korea Chromium Mining Import & Export List
Table 2020-2030 Southeast Asia Chromium Mining Market Size List
Table 2020-2030 Southeast Asia Chromium Mining Market Volume List
Table 2020-2030 Southeast Asia Chromium Mining Import List
Table 2020-2030 Southeast Asia Chromium Mining Export List
Table 2020-2030 Australia Chromium Mining Market Size and Market Volume List
Table 2020-2030 Australia Chromium Mining Import & Export List
Table 2020-2030 Europe Chromium Mining Market Size and Market Volume List
Figure 2020-2030 Europe Chromium Mining Market Size and CAGR
Figure 2020-2030 Europe Chromium Mining Market Volume and CAGR
Table 2020-2030 Europe Chromium Mining Demand List by Application
Table 2020-2025 Europe Chromium Mining Key Players Sales List
Table 2020-2025 Europe Chromium Mining Key Players Market Share List
Table 2020-2030 Europe Chromium Mining Demand List by Type
Table 2020-2025 Europe Chromium Mining Price List by Type
Table 2020-2030 Germany Chromium Mining Market Size and Market Volume List
Table 2020-2030 Germany Chromium Mining Import & Export List
Table 2020-2030 France Chromium Mining Market Size and Market Volume List
Table 2020-2030 France Chromium Mining Import & Export List
Table 2020-2030 United Kingdom Chromium Mining Market Size and Market Volume List
Table 2020-2030 United Kingdom Chromium Mining Import & Export List
Table 2020-2030 Italy Chromium Mining Market Size and Market Volume List
Table 2020-2030 Italy Chromium Mining Import & Export List
Table 2020-2030 Spain Chromium Mining Market Size and Market Volume List
Table 2020-2030 Spain Chromium Mining Import & Export List
Table 2020-2030 Belgium Chromium Mining Market Size and Market Volume List
Table 2020-2030 Belgium Chromium Mining Import & Export List
Table 2020-2030 Netherlands Chromium Mining Market Size and Market Volume List
Table 2020-2030 Netherlands Chromium Mining Import & Export List
Table 2020-2030 Austria Chromium Mining Market Size and Market Volume List
Table 2020-2030 Austria Chromium Mining Import & Export List
Table 2020-2030 Poland Chromium Mining Market Size and Market Volume List
Table 2020-2030 Poland Chromium Mining Import & Export List
Table 2020-2030 Russia Chromium Mining Market Size and Market Volume List
Table 2020-2030 Russia Chromium Mining Import & Export List
Table 2020-2030 MEA Chromium Mining Market Size and Market Volume List
Figure 2020-2030 MEA Chromium Mining Market Size and CAGR
Figure 2020-2030 MEA Chromium Mining Market Volume and CAGR
Table 2020-2030 MEA Chromium Mining Demand List by Application
Table 2020-2025 MEA Chromium Mining Key Players Sales List
Table 2020-2025 MEA Chromium Mining Key Players Market Share List
Table 2020-2030 MEA Chromium Mining Demand List by Type
Table 2020-2025 MEA Chromium Mining Price List by Type
Table 2020-2030 Egypt Chromium Mining Market Size and Market Volume List
Table 2020-2030 Egypt Chromium Mining Import & Export List
Table 2020-2030 Israel Chromium Mining Market Size and Market Volume List
Table 2020-2030 Israel Chromium Mining Import & Export List
Table 2020-2030 South Africa Chromium Mining Market Size and Market Volume List
Table 2020-2030 South Africa Chromium Mining Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Chromium Mining Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Chromium Mining Import & Export List
Table 2020-2030 Turkey Chromium Mining Market Size and Market Volume List
Table 2020-2030 Turkey Chromium Mining Import & Export List
Table 2020-2025 Global Chromium Mining Market Size List by Region
Table 2020-2025 Global Chromium Mining Market Size Share List by Region
Table 2020-2025 Global Chromium Mining Market Volume List by Region
Table 2020-2025 Global Chromium Mining Market Volume Share List by Region
Table 2020-2025 Global Chromium Mining Demand List by Application
Table 2020-2025 Global Chromium Mining Demand Market Share List by Application
Table 2020-2025 Global Chromium Mining Capacity List
Table 2020-2025 Global Chromium Mining Key Vendors Capacity Share List
Table 2020-2025 Global Chromium Mining Key Vendors Production List
Table 2020-2025 Global Chromium Mining Key Vendors Production Share List
Figure 2020-2025 Global Chromium Mining Capacity Production and Growth Rate
Table 2020-2025 Global Chromium Mining Key Vendors Production Value List
Figure 2020-2025 Global Chromium Mining Production Value and Growth Rate
Table 2020-2025 Global Chromium Mining Key Vendors Production Value Share List
Table 2020-2025 Global Chromium Mining Demand List by Type
Table 2020-2025 Global Chromium Mining Demand Market Share List by Type
Table 2020-2025 Regional Chromium Mining Price List
Table 2025-2030 Global Chromium Mining Market Size List by Region
Table 2025-2030 Global Chromium Mining Market Size Share List by Region
Table 2025-2030 Global Chromium Mining Market Volume List by Region
Table 2025-2030 Global Chromium Mining Market Volume Share List by Region
Table 2025-2030 Global Chromium Mining Demand List by Application
Table 2025-2030 Global Chromium Mining Demand Market Share List by Application
Table 2025-2030 Global Chromium Mining Capacity List
Table 2025-2030 Global Chromium Mining Key Vendors Capacity Share List
Table 2025-2030 Global Chromium Mining Key Vendors Production List
Table 2025-2030 Global Chromium Mining Key Vendors Production Share List
Figure 2025-2030 Global Chromium Mining Capacity Production and Growth Rate
Table 2025-2030 Global Chromium Mining Key Vendors Production Value List
Figure 2025-2030 Global Chromium Mining Production Value and Growth Rate
Table 2025-2030 Global Chromium Mining Key Vendors Production Value Share List
Table 2025-2030 Global Chromium Mining Demand List by Type
Table 2025-2030 Global Chromium Mining Demand Market Share List by Type
Table 2025-2030 Chromium Mining Regional Price List
Table ENRC Information
Table SWOT Analysis of ENRC
Table 2020-2025 ENRC Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 ENRC Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 ENRC Chromium Mining Market Share
Table Glencore Information
Table SWOT Analysis of Glencore
Table 2020-2025 Glencore Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Glencore Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Glencore Chromium Mining Market Share
Table ERG Information
Table SWOT Analysis of ERG
Table 2020-2025 ERG Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 ERG Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 ERG Chromium Mining Market Share
Table Tata Steel Mines Information
Table SWOT Analysis of Tata Steel Mines
Table 2020-2025 Tata Steel Mines Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Tata Steel Mines Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Tata Steel Mines Chromium Mining Market Share
Table Samancor Information
Table SWOT Analysis of Samancor
Table 2020-2025 Samancor Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Samancor Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Samancor Chromium Mining Market Share
Table AssMang Information
Table SWOT Analysis of AssMang
Table 2020-2025 AssMang Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 AssMang Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 AssMang Chromium Mining Market Share
Table Yildirim Information
Table SWOT Analysis of Yildirim
Table 2020-2025 Yildirim Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Yildirim Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Yildirim Chromium Mining Market Share
Table Outokumpu Information
Table SWOT Analysis of Outokumpu
Table 2020-2025 Outokumpu Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Outokumpu Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Outokumpu Chromium Mining Market Share
Table Sinosteel Corporation Information
Table SWOT Analysis of Sinosteel Corporation
Table 2020-2025 Sinosteel Corporation Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Sinosteel Corporation Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Sinosteel Corporation Chromium Mining Market Share
Table Afark Information
Table SWOT Analysis of Afark
Table 2020-2025 Afark Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Afark Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Afark Chromium Mining Market Share
Table Ferbase Information
Table SWOT Analysis of Ferbase
Table 2020-2025 Ferbase Chromium Mining Product Capacity Production Price Cost Production Value
Figure 2020-2025 Ferbase Chromium Mining Capacity Production and Growth Rate
Figure 2020-2025 Ferbase Chromium Mining Market Share
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