Chromic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Chromic Acid was estimated to be worth US$ 1126 million in 2024 and is forecast to a readjusted size of US$ 1478 million by 2031 with a CAGR of 4.0% during the forecast period... もっと見る
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SummaryThe global market for Chromic Acid was estimated to be worth US$ 1126 million in 2024 and is forecast to a readjusted size of US$ 1478 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.Chromic acid is a compound with the chemical formula H2CrO4. Chromic acid is also known as chromate formed by hexavalent chromium dissolved in water. Its molecular weight is 118.0 g/mol, melting point is 197°C, density is 1.201 g/cm3, and CAS number is 7738-94-5. Chromic acid is a red solid at room temperature and pressure, and its decomposition point is 250°C. Chromic acid solution of normal concentration is yellow-red, but at higher concentrations, it turns red or dark red and black. Chromium trioxide is the anhydride of chromic acid and is an orange-red solid at room temperature. Since it can be precipitated by adding concentrated sulfuric acid to an aqueous solution of chromate or dichromate, it has long been called "chromic acid" in industry. The global production capacity of chromic acid is mainly concentrated in countries and regions such as China, the United States and Europe. As a major manufacturing country in the world, China's chromic acid production capacity and output occupy an important position. In recent years, with technological progress and industrial upgrading, production efficiency and product quality have been continuously improved. The United States and Europe also occupy an important share in the global chromic acid market with their strong industrial foundation and advanced production technology. In fact, the development trend of the domestic industry is also in line with the consistent development trend of the international market. The competition and integration trend of the international chromic acid industry has become more prominent, and a market pattern has gradually formed in which only one dominant chromium salt enterprise remains in a certain region. China has become the world's largest producer and consumer of chromic acid, contributing 47% of the world's chromic acid production. With the continuous improvement of production capacity, the influence of domestic chromic acid enterprises in the world market will gradually expand in the future. From the perspective of product market application, metal processing is one of the main application areas of chromic acid, especially in pickling, electroplating and anodizing. There is a large demand for chromic acid in this field because the metal processing industry has a wide and continuous need for surface treatment chemicals. Organic synthesis, as a core field of the chemical industry, involves organic compounds such as synthetic drugs, pesticides, plastics, and synthetic fibers, and there is also a large demand for chromic acid. Chromic acid has a long history of use in dye and pigment manufacturing, and although environmental regulations may limit certain applications, it remains an important chemical in this field. In addition, chromic acid also plays a role in wood treatment, ceramic and glass industries, aerospace, catalysts and other fields. The demand for chromic acid in these fields is relatively small, but it is very important in specific applications. For example, material surface treatment in the aviation and aerospace industries, coloring in the ceramic and glass industries, and applications as catalysts or catalyst precursors. At present, major global manufacturers include Zhenhua Chemical, Sisecam, Galaxy Chemical, American Chrome & Chemicals, Brothers Technology, Vishnu Chemicals, Novotroitsk Plant of Chromium Compounds, etc. In 2023, the share of major manufacturers will exceed 74%, and the oligopoly pattern will begin to emerge. The increase in industry concentration will enable leading companies to enjoy greater dominance and pricing power. Combined with the steady growth in demand in downstream surface treatment, pigments, new materials and other fields, the turning point of the prosperity of the chromic acid industry under the improvement of the supply and demand pattern is approaching. This report aims to provide a comprehensive presentation of the global market for Chromic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Chromic Acid by region & country, by Type, and by Application. The Chromic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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. Market Segmentation By Company Hubei Zhenhua Chemical Sisecam Sichuan YinHe Chemical American Chrome & Chemicals Brother Enterprises Holding Vishnu Chemicals Novotroitsk Plant of Chromium Compounds Plating International Segment by Type Superior Grade First Grade Qualified Grade Segment by Application Metal Processing Organic Synthesis Others By Region North America United States Canada Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Europe Germany France U.K. Italy Netherlands Nordic Countries Rest of Europe Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: 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 4: 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 5: 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 market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Chromic Acid in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion. Table of Contents1 Market Overview1.1 Chromic Acid Product Introduction 1.2 Global Chromic Acid Market Size Forecast 1.2.1 Global Chromic Acid Sales Value (2020-2031) 1.2.2 Global Chromic Acid Sales Volume (2020-2031) 1.2.3 Global Chromic Acid Sales Price (2020-2031) 1.3 Chromic Acid Market Trends & Drivers 1.3.1 Chromic Acid Industry Trends 1.3.2 Chromic Acid Market Drivers & Opportunity 1.3.3 Chromic Acid Market Challenges 1.3.4 Chromic Acid Market Restraints 1.4 Assumptions and Limitations 1.5 Study Objectives 1.6 Years Considered 2 Competitive Analysis by Company 2.1 Global Chromic Acid Players Revenue Ranking (2024) 2.2 Global Chromic Acid Revenue by Company (2020-2025) 2.3 Global Chromic Acid Players Sales Volume Ranking (2024) 2.4 Global Chromic Acid Sales Volume by Company Players (2020-2025) 2.5 Global Chromic Acid Average Price by Company (2020-2025) 2.6 Key Manufacturers Chromic Acid Manufacturing Base and Headquarters 2.7 Key Manufacturers Chromic Acid Product Offered 2.8 Key Manufacturers Time to Begin Mass Production of Chromic Acid 2.9 Chromic Acid Market Competitive Analysis 2.9.1 Chromic Acid Market Concentration Rate (2020-2025) 2.9.2 Global 5 and 10 Largest Manufacturers by Chromic Acid Revenue in 2024 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Chromic Acid as of 2024) 2.10 Mergers & Acquisitions, Expansion 3 Segmentation by Type 3.1 Introduction by Type 3.1.1 Superior Grade 3.1.2 First Grade 3.1.3 Qualified Grade 3.2 Global Chromic Acid Sales Value by Type 3.2.1 Global Chromic Acid Sales Value by Type (2020 VS 2024 VS 2031) 3.2.2 Global Chromic Acid Sales Value, by Type (2020-2031) 3.2.3 Global Chromic Acid Sales Value, by Type (%) (2020-2031) 3.3 Global Chromic Acid Sales Volume by Type 3.3.1 Global Chromic Acid Sales Volume by Type (2020 VS 2024 VS 2031) 3.3.2 Global Chromic Acid Sales Volume, by Type (2020-2031) 3.3.3 Global Chromic Acid Sales Volume, by Type (%) (2020-2031) 3.4 Global Chromic Acid Average Price by Type (2020-2031) 4 Segmentation by Application 4.1 Introduction by Application 4.1.1 Metal Processing 4.1.2 Organic Synthesis 4.1.3 Others 4.2 Global Chromic Acid Sales Value by Application 4.2.1 Global Chromic Acid Sales Value by Application (2020 VS 2024 VS 2031) 4.2.2 Global Chromic Acid Sales Value, by Application (2020-2031) 4.2.3 Global Chromic Acid Sales Value, by Application (%) (2020-2031) 4.3 Global Chromic Acid Sales Volume by Application 4.3.1 Global Chromic Acid Sales Volume by Application (2020 VS 2024 VS 2031) 4.3.2 Global Chromic Acid Sales Volume, by Application (2020-2031) 4.3.3 Global Chromic Acid Sales Volume, by Application (%) (2020-2031) 4.4 Global Chromic Acid Average Price by Application (2020-2031) 5 Segmentation by Region 5.1 Global Chromic Acid Sales Value by Region 5.1.1 Global Chromic Acid Sales Value by Region: 2020 VS 2024 VS 2031 5.1.2 Global Chromic Acid Sales Value by Region (2020-2025) 5.1.3 Global Chromic Acid Sales Value by Region (2026-2031) 5.1.4 Global Chromic Acid Sales Value by Region (%), (2020-2031) 5.2 Global Chromic Acid Sales Volume by Region 5.2.1 Global Chromic Acid Sales Volume by Region: 2020 VS 2024 VS 2031 5.2.2 Global Chromic Acid Sales Volume by Region (2020-2025) 5.2.3 Global Chromic Acid Sales Volume by Region (2026-2031) 5.2.4 Global Chromic Acid Sales Volume by Region (%), (2020-2031) 5.3 Global Chromic Acid Average Price by Region (2020-2031) 5.4 North America 5.4.1 North America Chromic Acid Sales Value, 2020-2031 5.4.2 North America Chromic Acid Sales Value by Country (%), 2024 VS 2031 5.5 Europe 5.5.1 Europe Chromic Acid Sales Value, 2020-2031 5.5.2 Europe Chromic Acid Sales Value by Country (%), 2024 VS 2031 5.6 Asia Pacific 5.6.1 Asia Pacific Chromic Acid Sales Value, 2020-2031 5.6.2 Asia Pacific Chromic Acid Sales Value by Region (%), 2024 VS 2031 5.7 South America 5.7.1 South America Chromic Acid Sales Value, 2020-2031 5.7.2 South America Chromic Acid Sales Value by Country (%), 2024 VS 2031 5.8 Middle East & Africa 5.8.1 Middle East & Africa Chromic Acid Sales Value, 2020-2031 5.8.2 Middle East & Africa Chromic Acid Sales Value by Country (%), 2024 VS 2031 6 Segmentation by Key Countries/Regions 6.1 Key Countries/Regions Chromic Acid Sales Value Growth Trends, 2020 VS 2024 VS 2031 6.2 Key Countries/Regions Chromic Acid Sales Value and Sales Volume 6.2.1 Key Countries/Regions Chromic Acid Sales Value, 2020-2031 6.2.2 Key Countries/Regions Chromic Acid Sales Volume, 2020-2031 6.3 United States 6.3.1 United States Chromic Acid Sales Value, 2020-2031 6.3.2 United States Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.3.3 United States Chromic Acid Sales Value by Application, 2024 VS 2031 6.4 Europe 6.4.1 Europe Chromic Acid Sales Value, 2020-2031 6.4.2 Europe Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.4.3 Europe Chromic Acid Sales Value by Application, 2024 VS 2031 6.5 China 6.5.1 China Chromic Acid Sales Value, 2020-2031 6.5.2 China Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.5.3 China Chromic Acid Sales Value by Application, 2024 VS 2031 6.6 Japan 6.6.1 Japan Chromic Acid Sales Value, 2020-2031 6.6.2 Japan Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.6.3 Japan Chromic Acid Sales Value by Application, 2024 VS 2031 6.7 South Korea 6.7.1 South Korea Chromic Acid Sales Value, 2020-2031 6.7.2 South Korea Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.7.3 South Korea Chromic Acid Sales Value by Application, 2024 VS 2031 6.8 Southeast Asia 6.8.1 Southeast Asia Chromic Acid Sales Value, 2020-2031 6.8.2 Southeast Asia Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.8.3 Southeast Asia Chromic Acid Sales Value by Application, 2024 VS 2031 6.9 India 6.9.1 India Chromic Acid Sales Value, 2020-2031 6.9.2 India Chromic Acid Sales Value by Type (%), 2024 VS 2031 6.9.3 India Chromic Acid Sales Value by Application, 2024 VS 2031 7 Company Profiles 7.1 Hubei Zhenhua Chemical 7.1.1 Hubei Zhenhua Chemical Company Information 7.1.2 Hubei Zhenhua Chemical Introduction and Business Overview 7.1.3 Hubei Zhenhua Chemical Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.1.4 Hubei Zhenhua Chemical Chromic Acid Product Offerings 7.1.5 Hubei Zhenhua Chemical Recent Development 7.2 Sisecam 7.2.1 Sisecam Company Information 7.2.2 Sisecam Introduction and Business Overview 7.2.3 Sisecam Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.2.4 Sisecam Chromic Acid Product Offerings 7.2.5 Sisecam Recent Development 7.3 Sichuan YinHe Chemical 7.3.1 Sichuan YinHe Chemical Company Information 7.3.2 Sichuan YinHe Chemical Introduction and Business Overview 7.3.3 Sichuan YinHe Chemical Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.3.4 Sichuan YinHe Chemical Chromic Acid Product Offerings 7.3.5 Sichuan YinHe Chemical Recent Development 7.4 American Chrome & Chemicals 7.4.1 American Chrome & Chemicals Company Information 7.4.2 American Chrome & Chemicals Introduction and Business Overview 7.4.3 American Chrome & Chemicals Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.4.4 American Chrome & Chemicals Chromic Acid Product Offerings 7.4.5 American Chrome & Chemicals Recent Development 7.5 Brother Enterprises Holding 7.5.1 Brother Enterprises Holding Company Information 7.5.2 Brother Enterprises Holding Introduction and Business Overview 7.5.3 Brother Enterprises Holding Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.5.4 Brother Enterprises Holding Chromic Acid Product Offerings 7.5.5 Brother Enterprises Holding Recent Development 7.6 Vishnu Chemicals 7.6.1 Vishnu Chemicals Company Information 7.6.2 Vishnu Chemicals Introduction and Business Overview 7.6.3 Vishnu Chemicals Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.6.4 Vishnu Chemicals Chromic Acid Product Offerings 7.6.5 Vishnu Chemicals Recent Development 7.7 Novotroitsk Plant of Chromium Compounds 7.7.1 Novotroitsk Plant of Chromium Compounds Company Information 7.7.2 Novotroitsk Plant of Chromium Compounds Introduction and Business Overview 7.7.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.7.4 Novotroitsk Plant of Chromium Compounds Chromic Acid Product Offerings 7.7.5 Novotroitsk Plant of Chromium Compounds Recent Development 7.8 Plating International 7.8.1 Plating International Company Information 7.8.2 Plating International Introduction and Business Overview 7.8.3 Plating International Chromic Acid Sales, Revenue, Price and Gross Margin (2020-2025) 7.8.4 Plating International Chromic Acid Product Offerings 7.8.5 Plating International Recent Development 8 Industry Chain Analysis 8.1 Chromic Acid Industrial Chain 8.2 Chromic Acid Upstream Analysis 8.2.1 Key Raw Materials 8.2.2 Raw Materials Key Suppliers 8.2.3 Manufacturing Cost Structure 8.3 Midstream Analysis 8.4 Downstream Analysis (Customers Analysis) 8.5 Sales Model and Sales Channels 8.5.1 Chromic Acid Sales Model 8.5.2 Sales Channel 8.5.3 Chromic Acid Distributors 9 Research Findings and Conclusion 10 Appendix 10.1 Research Methodology 10.1.1 Methodology/Research Approach 10.1.1.1 Research Programs/Design 10.1.1.2 Market Size Estimation 10.1.1.3 Market Breakdown and Data Triangulation 10.1.2 Data Source 10.1.2.1 Secondary Sources 10.1.2.2 Primary Sources 10.2 Author Details 10.3 Disclaimer
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