China is expected to remain on the vanguard in the consumption of both steel as well as chromium carbide, in the steel sector. The rapid development of the infrastructure and major industrial activities in the mining, energy, steel, and cement sectors in the country is anticipated to fuel demand for specific industrial equipment requiring chromium carbide as the raw material, and thereby drive chromium carbide market growth. The production of chromium carbide overlay plates used in steel industry applications such as those in coke vibrating screen plates, fan blade, apart from cutting tool, blast furnace liners, machining tool and welding electrodes are the key end uses of chromium carbide in the steel industry.
This report contains market size and forecasts of Chromium Carbide in global, including the following market information:
- Global Chromium Carbide Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Chromium Carbide Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Chromium Carbide companies in 2021 (%)
The global Chromium Carbide market was valued at 38 million in 2021 and is projected to reach US$ 47 million by 2028, at a CAGR of 3.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Powder Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Chromium Carbide include OC Oerlikon, H.C. Starck, Praxair S.T. Technology, Sigma-Aldrich, Alfa Aesar, Strem Chemicals, Changsha Langfeng Metallic Material, Reade International and NewMet, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Chromium Carbide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Chromium Carbide Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chromium Carbide Market Segment Percentages, by Type, 2021 (%)
Global Chromium Carbide Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chromium Carbide Market Segment Percentages, by Application, 2021 (%)
- Mining
- Energy
- Cement
- Steel
- Pulp & Paper
- Glass
- Others
Global Chromium Carbide Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Chromium Carbide Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Chromium Carbide revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Chromium Carbide revenues share in global market, 2021 (%)
- Key companies Chromium Carbide sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Chromium Carbide sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- OC Oerlikon
- H.C. Starck
- Praxair S.T. Technology
- Sigma-Aldrich
- Alfa Aesar
- Strem Chemicals
- Changsha Langfeng Metallic Material
- Reade International
- NewMet
- ESPICorp
- Nanoshel
- LTS Research Laboratories
- American Elements
- Inframat
- ZhuZhou GuangYuan Cemented Material
