市場調查報告書
商品編碼
1519751
2024-2032 年按等級、應用、垂直產業和地區分類的鉻市場報告Chromium Market Report by Grade, Application, Industry Vertical, and Region 2024-2032 |
2023年全球鉻IMARC Group規模達153億美元。作為微量營養素和營養補充劑的使用不斷增加,對耐火添加劑的需求不斷增加,以及在汽車廢氣系統製造中的應用不斷增加,是推動市場發展的一些關鍵因素。
鉻(Cr)是一種有光澤、脆而硬的金屬,顏色是銀灰色,在空氣中不會變色。它廣泛存在於地殼中,如岩石、植物、動物、土壤、火山氣體和灰塵。商業上它是從鉻鐵礦中提取的,鉻鐵礦是鐵、鋁、鎂和鉻的氧化物。它是增強胰島素和正常葡萄糖代謝所需的必需膳食營養素,體內缺乏它會導致各種嚴重的健康相關疾病。它有助於不銹鋼的硬化和製造,從而提高產品的有效性。除此之外,它還有助於提高合金的強度和耐腐蝕性,並被認為適合電鍍。它廣泛用於生產耐火添加劑、合金鋼和不銹鋼、有色合金和合成紅寶石。除此之外,鉻也用於全球的化學、石化、能源和電力、採礦、鋼鐵和汽車產業。
目前,冶金製程中對鉻的需求不斷成長,以提高淬透性並避免對其他金屬的耐腐蝕性和氧化,這是支持市場成長的關鍵因素之一。除此之外,鉻在汽車排氣系統和汽車零件(如安全帶彈簧、底盤、油箱、懸吊和軟管夾)製造的使用不斷增加,帶來了積極的市場前景。此外,作為人類和動物的微量營養素和營養補充劑,聚菸鹼酸鉻、氯化鉻和吡啶甲酸鉻 (CrP) 的使用量增加。再加上對肌酸磷酸(CrP)控制糖尿病血糖、降低膽固醇和血壓水平的需求不斷增加,正在推動市場的成長。除此之外,由於全球範圍內不銹鋼利用率的不斷提高,對鉻的需求不斷成長,這為行業投資者提供了利潤豐厚的成長機會。除此之外,鉻的廣泛供應和價格實惠也有助於市場的成長。此外,金屬電鍍和精加工行業對裝飾電鍍鉻的需求不斷增加,對市場產生了積極影響。此外,全球皮革鞣製、木材處理和油漆顏料對鉻的需求不斷成長,也推動了市場的成長。
The global chromium market size reached US$ 15.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.3 Billion by 2032, exhibiting a growth rate (CAGR) of 2.5% during 2024-2032. The growing utilization as micronutrients and nutritional supplements, increasing demand for refractory additives, and rising application in manufacturing car exhaust systems represent some of the key factors driving the market.
Chromium (Cr) refers to a lustrous, brittle, and hard metal that is silver-gray in color and does not tarnish in the air. It is abundantly available in the crust of the earth like rocks, plants, animals, soil, and volcanic gases and dust. It is commercially extracted from chromite, which is an oxide of iron, aluminum, magnesium, and chromium. It is an essential dietary nutrient that is required to potentiate insulin and for normal glucose metabolism, and its deficiency in the body causes various serious health-related disorders. It aids in hardening and manufacturing stainless steel, which enhances the effectiveness of the product. Besides this, it assists in increasing the strength and corrosion resistance of an alloy and considered suitable for electroplating. It is widely utilized in producing refractory additives, alloyed and stainless steel, non-ferrous alloy, and synthetic rubies. Apart from this, Cr is employed in the chemical, petrochemical, energy and power, mining, steel, and automotive industries across the globe.
At present, the rising demand for Cr in metallurgical processes to improve hardenability and avoid corrosion resistance and oxidation to other metals represents one of the key factors supporting the growth of the market. Besides this, the growing utilization of Cr in manufacturing car exhaust systems and auto parts, such as seatbelt springs, chassis, fuel tanks, suspensions, and hose clamps, is offering a positive market outlook. Additionally, there is a rise in the utilization of chromium polynicotinate, chromium chloride, and chromium picolinate (CrP) as micronutrients and nutritional supplements for humans and animals worldwide. This, coupled with the increasing demand for CrP to control blood sugar in diabetes and decrease cholesterol and blood pressure levels, is propelling the growth of the market. Apart from this, the rising demand for Cr due to the increasing utilization of stainless steel across the globe is offering lucrative growth opportunities to industry investors. In addition to this, the wide availability of Cr at an affordable price is contributing to the growth of the market. Moreover, the increasing demand for Cr in decorative plating from the metal plating and finishing industry is positively influencing the market. Furthermore, the rising demand for Cr in leather tanning, wood treatment, and paint pigments around the world is strengthening the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global chromium market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on grade, application and industry vertical.
Metallurgy
Refractory and Foundry
Chemical
The report has provided a detailed breakup and analysis of the chromium market based on the grade. This includes metallurgy, refractory and foundry, and chemical. According to the report, metallurgy represented the largest segment.
Alloyed Steel Production
Stainless Steel Production
Refractory Additives
Non-Ferrous Alloy Production
Others
A detailed breakup and analysis of the chromium market based on the application has also been provided in the report. This includes alloyed steel production, stainless steel production, refractory additives, non-ferrous alloy production, and others. According to the report, stainless steel production accounted for the largest market share.
Chemical and Petrochemical
Energy and Power
Mining
Steel
Automotive
Others
A detailed breakup and analysis of the chromium market based on the industry vertical has also been provided in the report. This includes chemical and petrochemical, energy and power, mining, steel, automotive, and others.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for chromium. Some of the factors driving the Asia Pacific chromium market included the presence of highly developed manufacturing industries, large production of stainless steel using chromium, technological advancements, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global chromium market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ACI Alloys, Al Tamman Indsil FerroChrome L.L.C, Belmont Metals Inc., Edgetech Industries LLC, Eurasian Resources Group, Ferbasa, Glencore plc, Gulf Mining Materials Company, Odisha Mining Corporation Limited, ProChem Inc. International, RD Mathis Company, Samancor Chrome Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.