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Global Chromic Acid Market Research Report 2024
Synopsis
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.
The global Chromic Acid market was valued at US$ 711.7 million in 2023 and is anticipated to reach US$ 933.2 million by 2030, witnessing a CAGR of 3.9% 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.
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.
Report Scope
The Chromic Acid market size, estimations, and forecasts are provided in terms of output/shipments (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.
The report will help the Chromic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Excellent Grade
First Grade
Qualified
Segment by Application
Wood Preservation
Metal Planting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Chromic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Chromic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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.
The global Chromic Acid market was valued at US$ 711.7 million in 2023 and is anticipated to reach US$ 933.2 million by 2030, witnessing a CAGR of 3.9% 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.
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.
Report Scope
The Chromic Acid market size, estimations, and forecasts are provided in terms of output/shipments (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.
The report will help the Chromic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Excellent Grade
First Grade
Qualified
Segment by Application
Wood Preservation
Metal Planting
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Chromic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Chromic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Chromic Acid Market Overview
1.1 Product Definition
1.2 Chromic Acid Segment by Type
1.2.1 Global Chromic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Excellent Grade
1.2.3 First Grade
1.2.4 Qualified
1.3 Chromic Acid Segment by Application
1.3.1 Global Chromic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Wood Preservation
1.3.3 Metal Planting
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Chromic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Chromic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Chromic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Chromic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Chromic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Chromic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Chromic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Chromic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Chromic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Chromic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Chromic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Chromic Acid, Date of Enter into This Industry
2.9 Chromic Acid Market Competitive Situation and Trends
2.9.1 Chromic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Chromic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Chromic Acid Production by Region
3.1 Global Chromic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Chromic Acid Production Value by Region (2019-2030)
3.2.1 Global Chromic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Chromic Acid by Region (2025-2030)
3.3 Global Chromic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Chromic Acid Production by Region (2019-2030)
3.4.1 Global Chromic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Chromic Acid by Region (2025-2030)
3.5 Global Chromic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Chromic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Chromic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Chromic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Chromic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Chromic Acid Production Value Estimates and Forecasts (2019-2030)
4 Chromic Acid Consumption by Region
4.1 Global Chromic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Chromic Acid Consumption by Region (2019-2030)
4.2.1 Global Chromic Acid Consumption by Region (2019-2024)
4.2.2 Global Chromic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Chromic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Chromic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Chromic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Chromic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Chromic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Chromic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Chromic Acid Production by Type (2019-2030)
5.1.1 Global Chromic Acid Production by Type (2019-2024)
5.1.2 Global Chromic Acid Production by Type (2025-2030)
5.1.3 Global Chromic Acid Production Market Share by Type (2019-2030)
5.2 Global Chromic Acid Production Value by Type (2019-2030)
5.2.1 Global Chromic Acid Production Value by Type (2019-2024)
5.2.2 Global Chromic Acid Production Value by Type (2025-2030)
5.2.3 Global Chromic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Chromic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Chromic Acid Production by Application (2019-2030)
6.1.1 Global Chromic Acid Production by Application (2019-2024)
6.1.2 Global Chromic Acid Production by Application (2025-2030)
6.1.3 Global Chromic Acid Production Market Share by Application (2019-2030)
6.2 Global Chromic Acid Production Value by Application (2019-2030)
6.2.1 Global Chromic Acid Production Value by Application (2019-2024)
6.2.2 Global Chromic Acid Production Value by Application (2025-2030)
6.2.3 Global Chromic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Chromic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 LANXESS South Africa
7.1.1 LANXESS South Africa Chromic Acid Corporation Information
7.1.2 LANXESS South Africa Chromic Acid Product Portfolio
7.1.3 LANXESS South Africa Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 LANXESS South Africa Main Business and Markets Served
7.1.5 LANXESS South Africa Recent Developments/Updates
7.2 Soda Sanayii
7.2.1 Soda Sanayii Chromic Acid Corporation Information
7.2.2 Soda Sanayii Chromic Acid Product Portfolio
7.2.3 Soda Sanayii Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Soda Sanayii Main Business and Markets Served
7.2.5 Soda Sanayii Recent Developments/Updates
7.3 Elementis
7.3.1 Elementis Chromic Acid Corporation Information
7.3.2 Elementis Chromic Acid Product Portfolio
7.3.3 Elementis Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Elementis Main Business and Markets Served
7.3.5 Elementis Recent Developments/Updates
7.4 MidUral Group
7.4.1 MidUral Group Chromic Acid Corporation Information
7.4.2 MidUral Group Chromic Acid Product Portfolio
7.4.3 MidUral Group Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 MidUral Group Main Business and Markets Served
7.4.5 MidUral Group Recent Developments/Updates
7.5 Novotroitsk Plant of Chromium Compounds
7.5.1 Novotroitsk Plant of Chromium Compounds Chromic Acid Corporation Information
7.5.2 Novotroitsk Plant of Chromium Compounds Chromic Acid Product Portfolio
7.5.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Novotroitsk Plant of Chromium Compounds Main Business and Markets Served
7.5.5 Novotroitsk Plant of Chromium Compounds Recent Developments/Updates
7.6 Hunter Chemical
7.6.1 Hunter Chemical Chromic Acid Corporation Information
7.6.2 Hunter Chemical Chromic Acid Product Portfolio
7.6.3 Hunter Chemical Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hunter Chemical Main Business and Markets Served
7.6.5 Hunter Chemical Recent Developments/Updates
7.7 Atotech Deutschland
7.7.1 Atotech Deutschland Chromic Acid Corporation Information
7.7.2 Atotech Deutschland Chromic Acid Product Portfolio
7.7.3 Atotech Deutschland Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Atotech Deutschland Main Business and Markets Served
7.7.5 Atotech Deutschland Recent Developments/Updates
7.8 Vishnu Chemicals
7.8.1 Vishnu Chemicals Chromic Acid Corporation Information
7.8.2 Vishnu Chemicals Chromic Acid Product Portfolio
7.8.3 Vishnu Chemicals Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Vishnu Chemicals Main Business and Markets Served
7.7.5 Vishnu Chemicals Recent Developments/Updates
7.9 Chongqing Minfeng Chemical
7.9.1 Chongqing Minfeng Chemical Chromic Acid Corporation Information
7.9.2 Chongqing Minfeng Chemical Chromic Acid Product Portfolio
7.9.3 Chongqing Minfeng Chemical Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Chongqing Minfeng Chemical Main Business and Markets Served
7.9.5 Chongqing Minfeng Chemical Recent Developments/Updates
7.10 Sichuan Yinhe Chemical
7.10.1 Sichuan Yinhe Chemical Chromic Acid Corporation Information
7.10.2 Sichuan Yinhe Chemical Chromic Acid Product Portfolio
7.10.3 Sichuan Yinhe Chemical Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sichuan Yinhe Chemical Main Business and Markets Served
7.10.5 Sichuan Yinhe Chemical Recent Developments/Updates
7.11 Huangshi Zhenhua Chemical
7.11.1 Huangshi Zhenhua Chemical Chromic Acid Corporation Information
7.11.2 Huangshi Zhenhua Chemical Chromic Acid Product Portfolio
7.11.3 Huangshi Zhenhua Chemical Chromic Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Huangshi Zhenhua Chemical Main Business and Markets Served
7.11.5 Huangshi Zhenhua Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Chromic Acid Industry Chain Analysis
8.2 Chromic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Chromic Acid Production Mode & Process
8.4 Chromic Acid Sales and Marketing
8.4.1 Chromic Acid Sales Channels
8.4.2 Chromic Acid Distributors
8.5 Chromic Acid Customers
9 Chromic Acid Market Dynamics
9.1 Chromic Acid Industry Trends
9.2 Chromic Acid Market Drivers
9.3 Chromic Acid Market Challenges
9.4 Chromic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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