The Chromium market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Chromium is a chemical element with symbol Cr and atomic number 24. It is the first element in group 6. It is a steely-grey, lustrous, hard and brittle metal which takes a high polish, resists tarnishing, and has a high melting point.
Asia Pacific was the largest market in 2017, accounting for 50.2% of the global revenue. The regional market is anticipated to offer several opportunities over the forecast period. Presence of major stainless steel manufacturing units in countries such as China, India, and Japan is contributing toward increased demand for chromium in the region. Moreover, India is a major chromium ore producer and exporter, while China is a major importer in the global market. These factors are anticipated to further fuel demand over the forecast period.
s the report focuses on global Chromium market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Kermas Group Ltd.
Glencore PLC.
Samancor Chrome
Assmang Proprietary Limited
Odisha Mining Corporation
Hernic Ferrochrome (Pty) Ltd.
CVK Group
Al Tamman Indsil FerroChrome LLC.
Gulf Mining Group LLC.
Market Segment by Product Type:
Chromium
Chromite Ore
Others
Market Segment by Application:
Metallurgy
Chemicals
Refractory
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Chromium market for the forecast period 2020 - 2025?
• What are the driving forces in the Chromium market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Chromium industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?