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Chromic Acid-Global Market Insights and Sales Trends 2025
Synopsis
Chromic Acid （H2CrO4）is hygroscopic and a strong oxidizer easily dissolves in water. It is widely used in industries like metal coating, wood preservation and manufacturing of magnetic tape and organic chemicals.
Chromium trioxide（CrO3） is the anhydride of chromic acid. It is a red solid piece at room temperature. It can precipitate by adding sulfuric acid in chromate or dichromate solution. Therefore it is also known as “chromic acid”. In this report, we choose the Chromium trioxide with purity ≥99% to calculate the quantity of Chromic Acid.
The global Chromic Acid market size is expected to reach US$ 933.2 million by 2029, growing at a CAGR of 3.9% from 2023 to 2029. The market is mainly driven by the significant applications of Chromic Acid in various end use industries. The expanding demands from the Wood Preservation, Metal Planting and Others,, are propelling Chromic Acid market. Excellent Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the First Grade segment is estimated at % CAGR for the next seven-year period.
China is the largest Chromic Acid market with about 50% market share. Europe is follower, accounting for about 25% market share.
The key players are LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals, Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chromic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chromic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chromic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chromic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chromic Acid covered in this report include LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals and Chongqing Minfeng Chemical, etc.
The global Chromic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LANXESS South Africa
Soda Sanayii
Elementis
MidUral Group
Novotroitsk Plant of Chromium Compounds
Hunter Chemical
Atotech Deutschland
Vishnu Chemicals
Chongqing Minfeng Chemical
Sichuan Yinhe Chemical
Huangshi Zhenhua Chemical
Global Chromic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chromic Acid market, Segment by Type:
Excellent Grade
First Grade
Qualified
Global Chromic Acid market, by Application
Wood Preservation
Metal Planting
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Chromic Acid （H2CrO4）is hygroscopic and a strong oxidizer easily dissolves in water. It is widely used in industries like metal coating, wood preservation and manufacturing of magnetic tape and organic chemicals.
Chromium trioxide（CrO3） is the anhydride of chromic acid. It is a red solid piece at room temperature. It can precipitate by adding sulfuric acid in chromate or dichromate solution. Therefore it is also known as “chromic acid”. In this report, we choose the Chromium trioxide with purity ≥99% to calculate the quantity of Chromic Acid.
The global Chromic Acid market size is expected to reach US$ 933.2 million by 2029, growing at a CAGR of 3.9% from 2023 to 2029. The market is mainly driven by the significant applications of Chromic Acid in various end use industries. The expanding demands from the Wood Preservation, Metal Planting and Others,, are propelling Chromic Acid market. Excellent Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the First Grade segment is estimated at % CAGR for the next seven-year period.
China is the largest Chromic Acid market with about 50% market share. Europe is follower, accounting for about 25% market share.
The key players are LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals, Chongqing Minfeng Chemical, Sichuan Yinhe Chemical, Huangshi Zhenhua Chemical, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Chromic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Chromic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Chromic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chromic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Chromic Acid covered in this report include LANXESS South Africa, Soda Sanayii, Elementis, MidUral Group, Novotroitsk Plant of Chromium Compounds, Hunter Chemical, Atotech Deutschland, Vishnu Chemicals and Chongqing Minfeng Chemical, etc.
The global Chromic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LANXESS South Africa
Soda Sanayii
Elementis
MidUral Group
Novotroitsk Plant of Chromium Compounds
Hunter Chemical
Atotech Deutschland
Vishnu Chemicals
Chongqing Minfeng Chemical
Sichuan Yinhe Chemical
Huangshi Zhenhua Chemical
Global Chromic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Chromic Acid market, Segment by Type:
Excellent Grade
First Grade
Qualified
Global Chromic Acid market, by Application
Wood Preservation
Metal Planting
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: 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 future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Chromic Acid Market Overview
1.1 Chromic Acid Product Overview
1.2 Chromic Acid Market Segment by Type
1.2.1 Excellent Grade
1.2.2 First Grade
1.2.3 Qualified
1.3 Global Chromic Acid Market Size by Type
1.3.1 Global Chromic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Chromic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Chromic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Chromic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Chromic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Chromic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Chromic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Chromic Acid Sales Breakdown by Type (2018-2023)
2 Global Chromic Acid Market Competition by Company
2.1 Global Top Players by Chromic Acid Sales (2018-2023)
2.2 Global Top Players by Chromic Acid Revenue (2018-2023)
2.3 Global Top Players by Chromic Acid Price (2018-2023)
2.4 Global Top Manufacturers Chromic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Chromic Acid Market Competitive Situation and Trends
2.5.1 Chromic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Chromic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Chromic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Chromic Acid Market
2.8 Key Manufacturers Chromic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Chromic Acid Status and Outlook by Region
3.1 Global Chromic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Chromic Acid Historic Market Size by Region
3.2.1 Global Chromic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Chromic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Chromic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Chromic Acid Forecasted Market Size by Region
3.3.1 Global Chromic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Chromic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Chromic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Chromic Acid by Application
4.1 Chromic Acid Market Segment by Application
4.1.1 Wood Preservation
4.1.2 Metal Planting
4.1.3 Others
4.2 Global Chromic Acid Market Size by Application
4.2.1 Global Chromic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Chromic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Chromic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Chromic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Chromic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Chromic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Chromic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Chromic Acid Sales Breakdown by Application (2018-2023)
5 North America Chromic Acid by Country
5.1 North America Chromic Acid Historic Market Size by Country
5.1.1 North America Chromic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Chromic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Chromic Acid Sales in Value by Country (2018-2023)
5.2 North America Chromic Acid Forecasted Market Size by Country
5.2.1 North America Chromic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Chromic Acid Sales in Value by Country (2024-2029)
6 Europe Chromic Acid by Country
6.1 Europe Chromic Acid Historic Market Size by Country
6.1.1 Europe Chromic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Chromic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Chromic Acid Sales in Value by Country (2018-2023)
6.2 Europe Chromic Acid Forecasted Market Size by Country
6.2.1 Europe Chromic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Chromic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Chromic Acid by Region
7.1 Asia-Pacific Chromic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Chromic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Chromic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Chromic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Chromic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Chromic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Chromic Acid Sales in Value by Region (2024-2029)
8 Latin America Chromic Acid by Country
8.1 Latin America Chromic Acid Historic Market Size by Country
8.1.1 Latin America Chromic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Chromic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Chromic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Chromic Acid Forecasted Market Size by Country
8.2.1 Latin America Chromic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Chromic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Chromic Acid by Country
9.1 Middle East and Africa Chromic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Chromic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Chromic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Chromic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Chromic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Chromic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Chromic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LANXESS South Africa
10.1.1 LANXESS South Africa Company Information
10.1.2 LANXESS South Africa Introduction and Business Overview
10.1.3 LANXESS South Africa Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LANXESS South Africa Chromic Acid Products Offered
10.1.5 LANXESS South Africa Recent Development
10.2 Soda Sanayii
10.2.1 Soda Sanayii Company Information
10.2.2 Soda Sanayii Introduction and Business Overview
10.2.3 Soda Sanayii Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Soda Sanayii Chromic Acid Products Offered
10.2.5 Soda Sanayii Recent Development
10.3 Elementis
10.3.1 Elementis Company Information
10.3.2 Elementis Introduction and Business Overview
10.3.3 Elementis Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Elementis Chromic Acid Products Offered
10.3.5 Elementis Recent Development
10.4 MidUral Group
10.4.1 MidUral Group Company Information
10.4.2 MidUral Group Introduction and Business Overview
10.4.3 MidUral Group Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MidUral Group Chromic Acid Products Offered
10.4.5 MidUral Group Recent Development
10.5 Novotroitsk Plant of Chromium Compounds
10.5.1 Novotroitsk Plant of Chromium Compounds Company Information
10.5.2 Novotroitsk Plant of Chromium Compounds Introduction and Business Overview
10.5.3 Novotroitsk Plant of Chromium Compounds Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Novotroitsk Plant of Chromium Compounds Chromic Acid Products Offered
10.5.5 Novotroitsk Plant of Chromium Compounds Recent Development
10.6 Hunter Chemical
10.6.1 Hunter Chemical Company Information
10.6.2 Hunter Chemical Introduction and Business Overview
10.6.3 Hunter Chemical Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hunter Chemical Chromic Acid Products Offered
10.6.5 Hunter Chemical Recent Development
10.7 Atotech Deutschland
10.7.1 Atotech Deutschland Company Information
10.7.2 Atotech Deutschland Introduction and Business Overview
10.7.3 Atotech Deutschland Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Atotech Deutschland Chromic Acid Products Offered
10.7.5 Atotech Deutschland Recent Development
10.8 Vishnu Chemicals
10.8.1 Vishnu Chemicals Company Information
10.8.2 Vishnu Chemicals Introduction and Business Overview
10.8.3 Vishnu Chemicals Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Vishnu Chemicals Chromic Acid Products Offered
10.8.5 Vishnu Chemicals Recent Development
10.9 Chongqing Minfeng Chemical
10.9.1 Chongqing Minfeng Chemical Company Information
10.9.2 Chongqing Minfeng Chemical Introduction and Business Overview
10.9.3 Chongqing Minfeng Chemical Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chongqing Minfeng Chemical Chromic Acid Products Offered
10.9.5 Chongqing Minfeng Chemical Recent Development
10.10 Sichuan Yinhe Chemical
10.10.1 Sichuan Yinhe Chemical Company Information
10.10.2 Sichuan Yinhe Chemical Introduction and Business Overview
10.10.3 Sichuan Yinhe Chemical Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Sichuan Yinhe Chemical Chromic Acid Products Offered
10.10.5 Sichuan Yinhe Chemical Recent Development
10.11 Huangshi Zhenhua Chemical
10.11.1 Huangshi Zhenhua Chemical Company Information
10.11.2 Huangshi Zhenhua Chemical Introduction and Business Overview
10.11.3 Huangshi Zhenhua Chemical Chromic Acid Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Huangshi Zhenhua Chemical Chromic Acid Products Offered
10.11.5 Huangshi Zhenhua Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Chromic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Chromic Acid Industrial Chain Analysis
11.4 Chromic Acid Market Dynamics
11.4.1 Chromic Acid Industry Trends
11.4.2 Chromic Acid Market Drivers
11.4.3 Chromic Acid Market Challenges
11.4.4 Chromic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Chromic Acid Distributors
12.3 Chromic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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