Chromium Phosphate Market Size, Share & Trends Analysis By Application (Architectural Coatings, Corrosion Inhibitor Coatings, Medical Coatings, Chemical Manufacturing), By Region, And Segment Forecasts, 2024

Description

Chromium Phosphate Market Growth & Trends:

The global chromium phosphate market size is expected to reach USD 250.0 million by 2030, registering a CAGR of 10.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Key application markets for chromium phosphate include architectural coatings, corrosion inhibitor coatings, medical applications, and others such as catalyst applications. Strong demand from architectural coatings and corrosion inhibitor coatings are expected to drive chromium phosphate demand over the next six years. Additionally, increasing R&D for chromium phosphate application development in the field of medicine is being looked upon as a key opportunity for this market.

Sourcing of raw materials remains the major concern for the industry owing to increasing chromium demand for other applications. Prices of raw materials are more likely to affect the profit margins of chromium phosphate manufacturers, with minor price fluctuations also having significant impact on profit margins in the industry. At present, installed capacity for the production of chromium phosphate is very comparatively small, which has resulted in a demand supply gap. Moreover, manufacturing of chromium phosphate is capital intensive.

Chromium Phosphate Market Segmentation

Architectural coatings have registered the dominant market share in 2023 owing to the robust construction industry and rapid urbanization. The market has witnessed an emergence of new buildings and existing infrastructure undergoing renovation and redevelopment projects
Medical coatings are projected to grow at the fastest CAGR of 11.1% over the forecast period. This is attributable to the rising prevalence of hospital-acquired infections (HAIs) through contaminated medical instruments, including catheters and respiratory machines
The Asia Pacific chromium phosphate market secured 57.4% of the market share in 2023 due to rapid industrialization and automotive demand
Key manufacturers and suppliers of chromium phosphate include Chemetall Inc., AK Scientific, Inc., City Chemicals Corporation, and MP Biomedicals, Leancare Ltd. and so on. Distribution is a key success factor in the chromium phosphate industry. Sigma Aldrich, Chemos and Service Chemical Incorporation are some of the leading distributors in this market

Product Code: 978-1-68038-057-6

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Chromium Phosphate Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Chromium Phosphate Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Chromium Phosphate Market: Application Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Chromium Phosphate Market: Application Movement Analysis, USD Million, Volume in Kilotons, 2023 & 2030
4.3. Architectural Coatings
- 4.3.1. Architectural Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.4. Corrosion Inhibitor Coatings
- 4.4.1. Corrosion Inhibitor Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.5. Medical Coatings
- 4.5.1. Medical Coatings Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.6. Chemical Manufacturing
- 4.6.1. Chemical Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
4.7. Others
- 4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)

Chapter 5. Chromium Phosphate Market: Regional Estimates & Trend Analysis

5.1. Chromium Phosphate Market Share, By Region, 2023 & 2030, USD Million, Volume in Kilotons
5.2. North America
- 5.2.1. North America Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.2. U.S.
  - 5.2.2.1. U.S. Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.3. Canada
  - 5.2.3.1. Canada Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.4. Mexico
  - 5.2.4.1. Mexico Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.3. Europe
- 5.3.1. Europe Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.2. UK
  - 5.3.2.1. UK Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.3. Germany
  - 5.3.3.1. Germany Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.4. France
  - 5.3.4.1. France Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.5. Italy
  - 5.3.5.1. Italy Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.6. Spain
  - 5.3.6.1. Spain Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.4. Asia Pacific
- 5.4.1. Asia Pacific Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.2. China
  - 5.4.2.1. China Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.3. Japan
  - 5.4.3.1. Japan Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.4. India
  - 5.4.4.1. India Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.5. South Korea
  - 5.4.5.1. South Korea Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.5. Latin America
- 5.5.1. Latin America Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5.2. Brazil
  - 5.5.2.1. Brazil Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5.3. Argentina
  - 5.5.3.1. Argentina Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
5.6. Middle East and Africa
- 5.6.1. Middle East and Africa Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6.2. Saudi Arabia
  - 5.6.2.1. Saudi Arabia Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.6.3. South Africa
  - 5.6.3.1. South Africa Chromium Phosphate Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)

Chapter 6. Competitive Landscape

6.1. Recent Developments & Impact Analysis by Key Market Participants
6.2. Company Categorization
6.3. Company Heat Map Analysis
6.4. Company Profiles
- 6.4.1. American Elements
  - 6.4.1.1. Participant's Overview
  - 6.4.1.2. Financial Performance
  - 6.4.1.3. Product Benchmarking
  - 6.4.1.4. Recent Developments/ Strategic Initiatives
- 6.4.2. Nippon Chemical Industrial CO., LTD.
  - 6.4.2.1. Participant's Overview
  - 6.4.2.2. Financial Performance
  - 6.4.2.3. Product Benchmarking
  - 6.4.2.4. Recent Developments/ Strategic Initiatives
- 6.4.3. SHEPHERD CHEMICALS
  - 6.4.3.1. Participant's Overview
  - 6.4.3.2. Financial Performance
  - 6.4.3.3. Product Benchmarking
  - 6.4.3.4. Recent Developments/ Strategic Initiatives
- 6.4.4. Wuhan Youngde Chemical Co., Ltd.
  - 6.4.4.1. Participant's Overview
  - 6.4.4.2. Financial Performance
  - 6.4.4.3. Product Benchmarking
  - 6.4.4.4. Recent Developments/ Strategic Initiatives
- 6.4.5. Zhengzhou Acme Chemical Co., Ltd.
  - 6.4.5.1. Participant's Overview
  - 6.4.5.2. Financial Performance
  - 6.4.5.3. Product Benchmarking
  - 6.4.5.4. Recent Developments/ Strategic Initiatives
- 6.4.6. Incheon Chemical
  - 6.4.6.1. Participant's Overview
  - 6.4.6.2. Financial Performance
  - 6.4.6.3. Product Benchmarking
  - 6.4.6.4. Recent Developments/ Strategic Initiatives

Chromium Phosphate Market Size, Share & Trends Analysis By Application (Architectural Coatings, Corrosion Inhibitor Coatings, Medical Coatings, Chemical Manufacturing), By Region, And Segment Forecasts, 2024 - 2030