The Market Reports

Synopsis
The global market for Chromic Acid was estimated to be worth US$ 1126 million in 2024 and is forecast to a readjusted size of US$ 1478 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
Chromic acid is a compound with the chemical formula H2CrO4. Chromic acid is also known as chromate formed by hexavalent chromium dissolved in water. Its molecular weight is 118.0 g/mol, melting point is 197°C, density is 1.201 g/cm3, and CAS number is 7738-94-5. Chromic acid is a red solid at room temperature and pressure, and its decomposition point is 250°C. Chromic acid solution of normal concentration is yellow-red, but at higher concentrations, it turns red or dark red and black.
Chromium trioxide is the anhydride of chromic acid and is an orange-red solid at room temperature. Since it can be precipitated by adding concentrated sulfuric acid to an aqueous solution of chromate or dichromate, it has long been called "chromic acid" in industry.
The global production capacity of chromic acid is mainly concentrated in countries and regions such as China, the United States and Europe. As a major manufacturing country in the world, China's chromic acid production capacity and output occupy an important position. In recent years, with technological progress and industrial upgrading, production efficiency and product quality have been continuously improved. The United States and Europe also occupy an important share in the global chromic acid market with their strong industrial foundation and advanced production technology.
In fact, the development trend of the domestic industry is also in line with the consistent development trend of the international market. The competition and integration trend of the international chromic acid industry has become more prominent, and a market pattern has gradually formed in which only one dominant chromium salt enterprise remains in a certain region. China has become the world's largest producer and consumer of chromic acid, contributing 47% of the world's chromic acid production. With the continuous improvement of production capacity, the influence of domestic chromic acid enterprises in the world market will gradually expand in the future.
From the perspective of product market application, metal processing is one of the main application areas of chromic acid, especially in pickling, electroplating and anodizing. There is a large demand for chromic acid in this field because the metal processing industry has a wide and continuous need for surface treatment chemicals. Organic synthesis, as a core field of the chemical industry, involves organic compounds such as synthetic drugs, pesticides, plastics, and synthetic fibers, and there is also a large demand for chromic acid. Chromic acid has a long history of use in dye and pigment manufacturing, and although environmental regulations may limit certain applications, it remains an important chemical in this field. In addition, chromic acid also plays a role in wood treatment, ceramic and glass industries, aerospace, catalysts and other fields. The demand for chromic acid in these fields is relatively small, but it is very important in specific applications. For example, material surface treatment in the aviation and aerospace industries, coloring in the ceramic and glass industries, and applications as catalysts or catalyst precursors.
At present, major global manufacturers include Zhenhua Chemical, Sisecam, Galaxy Chemical, American Chrome & Chemicals, Brothers Technology, Vishnu Chemicals, Novotroitsk Plant of Chromium Compounds, etc. In 2023, the share of major manufacturers will exceed 74%, and the oligopoly pattern will begin to emerge. The increase in industry concentration will enable leading companies to enjoy greater dominance and pricing power. Combined with the steady growth in demand in downstream surface treatment, pigments, new materials and other fields, the turning point of the prosperity of the chromic acid industry under the improvement of the supply and demand pattern is approaching.
This report aims to provide a comprehensive presentation of the global market for Chromic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Chromic Acid by region & country, by Type, and by Application.
The Chromic Acid market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Chromic Acid.
Market Segmentation
By Company
Hubei Zhenhua Chemical
Sisecam
Sichuan YinHe Chemical
American Chrome & Chemicals
Brother Enterprises Holding
Vishnu Chemicals
Novotroitsk Plant of Chromium Compounds
Plating International
Segment by Type
Superior Grade
First Grade
Qualified Grade
Segment by Application
Metal Processing
Organic Synthesis
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Chromic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: 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 market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Chromic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: 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 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index