Pre-order Enquiry
Request Free Sample
Global Chromic Acid Market Growth 2023-2029
SKU ID : LPI-22297995 | Publishing Date : 04-Jan-2023 | No. of pages : 102
Request Sample
Request Customization
Check Discounts
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.
LPI (LP Information)' newest research report, the “Chromic Acid Industry Forecast” looks at past sales and reviews total world Chromic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Chromic Acid sales for 2023 through 2029. With Chromic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chromic Acid industry.
This Insight Report provides a comprehensive analysis of the global Chromic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chromic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chromic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chromic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chromic Acid.
The global Chromic Acid market size is projected to grow from US$ 696.2 million in 2022 to US$ 919 million in 2029; it is expected to grow at a CAGR of 919 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Chromic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Excellent Grade
First Grade
Qualified
Segmentation by application
Wood Preservation
Metal Planting
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chromic Acid market?
What factors are driving Chromic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chromic Acid market opportunities vary by end market size?
How does Chromic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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.
LPI (LP Information)' newest research report, the “Chromic Acid Industry Forecast” looks at past sales and reviews total world Chromic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Chromic Acid sales for 2023 through 2029. With Chromic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chromic Acid industry.
This Insight Report provides a comprehensive analysis of the global Chromic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chromic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chromic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chromic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chromic Acid.
The global Chromic Acid market size is projected to grow from US$ 696.2 million in 2022 to US$ 919 million in 2029; it is expected to grow at a CAGR of 919 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Chromic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Excellent Grade
First Grade
Qualified
Segmentation by application
Wood Preservation
Metal Planting
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Chromic Acid market?
What factors are driving Chromic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Chromic Acid market opportunities vary by end market size?
How does Chromic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
