Product Code: TMRGL2316
Chromium Market - Scope of Report
TMR's report on the global chromium market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global chromium market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global chromium market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the chromium market.
Market Snapshot |
Market Value in 2023 | US$ 15.7 Bn |
Market Value in 2031 | US$ 21.3 Bn |
CAGR | 3.4% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global chromium market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global chromium market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global chromium market.
The report delves into the competitive landscape of the global chromium market. Key players operating in the global chromium market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global chromium market profiled in this report.
Key Questions Answered in Global chromium Market Report:
- What is the sales/revenue generated by chromium across all regions during the forecast period?
- What are the opportunities in the global chromium market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Chromium Market - Research Objectives and Research Approach
The comprehensive report on the global chromium market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global chromium market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global chromium market.
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Key Facts and Figures
- 1.4. Trends Impacting Market
- 1.5. TMR's Growth Opportunity Wheel
2. Market Overview
- 2.1. Market Segmentation
- 2.2. Key Developments
- 2.3. Market Definitions
- 2.4. Key Market Trends
- 2.5. Market Dynamics
- 2.5.1. Drivers
- 2.5.2. Restraints
- 2.5.3. Opportunities
- 2.6. Global Chromium Market Analysis and Forecast, 2023-2031
- 2.6.1. Global Chromium Market Revenue (US$ Mn)
- 2.7. Porter's Five Forces Analysis
- 2.8. Regulatory Landscape
- 2.9. Value Chain Analysis
- 2.9.1. List of Raw Material Suppliers
- 2.9.2. List of Key Manufacturers
- 2.9.3. List of Key Suppliers
- 2.9.4. List of Potential Customers
- 2.10. Product Specification Analysis
- 2.11. Production Overview
- 2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
- 3.1. Impact on Supply Chain of Chromium
- 3.2. Impact on Demand for Chromium- Pre & Post Crisis
4. Production Output Analysis (Tons), 2022
- 4.1. North America
- 4.2. Europe
- 4.3. Asia Pacific
- 4.4. Latin America
- 4.5. Middle East & Africa
5. Impact of Current Geopolitical Scenario on Market
6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031
- 6.1. Price Trend Analysis by Grade
- 6.2. Price Trend Analysis by Region
7. Global Chromium Market Analysis and Forecast, by Grade, 2023-2031
- 7.1. Introduction and Definitions
- 7.2. Global Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 7.2.1. Metallurgical Grade
- 7.2.2. Refractory & Foundry Grade
- 7.2.3. Chemical Intermediary Grade
- 7.3. Global Chromium Market Attractiveness, by Grade
8. Global Chromium Market Analysis and Forecast, by Application, 2023-2031
- 8.1. Introduction and Definitions
- 8.2. Global Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 8.2.1. Stainless Steel Production
- 8.2.2. Alloyed Steel Production
- 8.2.3. Non-ferrous Alloy Production
- 8.2.4. Refractory Additives
- 8.2.5. Others
- 8.3. Global Chromium Market Attractiveness, by Application
9. Global Chromium Market Analysis and Forecast, by Region, 2023-2031
- 9.1. Key Findings
- 9.2. Global Chromium Market Value (US$ Mn) Forecast, by Region, 2023-2031
- 9.2.1. North America
- 9.2.2. Europe
- 9.2.3. Asia Pacific
- 9.2.4. Latin America
- 9.2.5. Middle East & Africa
- 9.3. Global Chromium Market Attractiveness, by Region
10. North America Chromium Market Analysis and Forecast, 2023-2031
- 10.1. Key Findings
- 10.2. North America Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 10.3. North America Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.4. North America Chromium Market Value (US$ Mn) Forecast, by Country, 2023-2031
- 10.4.1. U.S. Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 10.4.2. U.S. Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.4.3. Canada Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 10.4.4. Canada Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.5. North America Chromium Market Attractiveness Analysis
11. Europe Chromium Market Analysis and Forecast, 2023-2031
- 11.1. Key Findings
- 11.2. Europe Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.3. Europe Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4. Europe Chromium Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 11.4.1. Germany Chromium Market Value (US$ Mn) Forecast, by Type, 2023-2031
- 11.4.2. Germany Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.3. France Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.4.4. France Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.5. U.K. Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.4.6. U.K. Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.7. Italy Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.4.8. Italy Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.9. Russia & CIS Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.4.10. Russia & CIS Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.11. Rest of Europe Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 11.4.12. Rest of Europe Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.5. Europe Chromium Market Attractiveness Analysis
12. Asia Pacific Chromium Market Analysis and Forecast, 2023-2031
- 12.1. Key Findings
- 12.2. Asia Pacific Chromium Market Value (US$ Mn) Forecast, by Grade
- 12.3. Asia Pacific Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4. Asia Pacific Chromium Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 12.4.1. China Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 12.4.2. China Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.3. Japan Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 12.4.4. Japan Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.5. India Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 12.4.6. India Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.7. ASEAN Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 12.4.8. ASEAN Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.9. Rest of Asia Pacific Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 12.4.10. Rest of Asia Pacific Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.5. Asia Pacific Chromium Market Attractiveness Analysis
13. Latin America Chromium Market Analysis and Forecast, 2023-2031
- 13.1. Key Findings
- 13.2. Latin America Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 13.3. Latin America Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4. Latin America Chromium Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 13.4.1. Brazil Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 13.4.2. Brazil Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4.3. Mexico Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 13.4.4. Mexico Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4.5. Rest of Latin America Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 13.4.6. Rest of Latin America Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.5. Latin America Chromium Market Attractiveness Analysis
14. Middle East & Africa Chromium Market Analysis and Forecast, 2023-2031
- 14.1. Key Findings
- 14.2. Middle East & Africa Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 14.3. Middle East & Africa Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4. Middle East & Africa Chromium Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022-2031
- 14.4.1. GCC Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 14.4.2. GCC Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4.3. South Africa Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 14.4.4. South Africa Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4.5. Rest of Middle East & Africa Chromium Market Value (US$ Mn) Forecast, by Grade, 2023-2031
- 14.4.6. Rest of Middle East & Africa Chromium Market Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.5. Middle East & Africa Chromium Market Attractiveness Analysis
15. Competition Landscape
- 15.1. Global Chromium Market Company Share Analysis, 2022
- 15.2. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
- 15.2.1. Al Tamman Indsil FerroChrome LLC
- 15.2.1.1. Company Revenue
- 15.2.1.2. Business Overview
- 15.2.1.3. Product Segments
- 15.2.1.4. Geographic Footprint
- 15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.2. Assmang Proprietary Limited
- 15.2.2.1. Company Revenue
- 15.2.2.2. Business Overview
- 15.2.2.3. Product Segments
- 15.2.2.4. Geographic Footprint
- 15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.3. Chrometco
- 15.2.3.1. Company Revenue
- 15.2.3.2. Business Overview
- 15.2.3.3. Product Segments
- 15.2.3.4. Geographic Footprint
- 15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.4. CVK Group
- 15.2.4.1. Company Revenue
- 15.2.4.2. Business Overview
- 15.2.4.3. Product Segments
- 15.2.4.4. Geographic Footprint
- 15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.5. Glencore PLC
- 15.2.5.1. Company Revenue
- 15.2.5.2. Business Overview
- 15.2.5.3. Product Segments
- 15.2.5.4. Geographic Footprint
- 15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.6. Gulf Mining Group
- 15.2.6.1. Company Revenue
- 15.2.6.2. Business Overview
- 15.2.6.3. Product Segments
- 15.2.6.4. Geographic Footprint
- 15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.7. Ferbasa
- 15.2.7.1. Company Revenue
- 15.2.7.2. Business Overview
- 15.2.7.3. Product Segments
- 15.2.7.4. Geographic Footprint
- 15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 15.2.8. Hernic Ferrochrome (Pty) Ltd.
- 15.2.8.1. Company Revenue
- 15.2.8.2. Business Overview
- 15.2.8.3. Product Segments
- 15.2.8.4. Geographic Footprint
- 15.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 15.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
16. Primary Research: Key Insights
17. Appendix