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Chromium Steel-Global Market Insights and Sales Trends 2025
Synopsis
Chrome steel refers to the alloy steel containing chromium, hard, wear-resistant, corrosion resistant, rust resistant, can be used to manufacture machinery and tools.
The global Chromium Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Chromium Steel in various end use industries. The expanding demands from the Construction, Automotive, Shipbuilding and Machinery, are propelling Chromium Steel market. 12CrMo, 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 20CrMo segment is estimated at % CAGR for the next seven-year period.
Nickel steel is used in various industries, including construction, automotive, and aerospace. Market trends include efforts to reduce nickel content to address cost and supply chain concerns while maintaining performance.
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 Chromium Steel, 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 Chromium Steel 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 Chromium Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chromium Steel 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 Chromium Steel covered in this report include AK Steel, Sandvik, ThyssenKrupp Steel and Atlas Steels, etc.
The global Chromium Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AK Steel
Sandvik
ThyssenKrupp Steel
Atlas Steels
Global Chromium Steel 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 Chromium Steel market, Segment by Type:
12CrMo
20CrMo
35CrMo
Others
Global Chromium Steel market, by Application
Construction
Automotive
Shipbuilding
Machinery
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 Chromium Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Chromium Steel 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.
Chrome steel refers to the alloy steel containing chromium, hard, wear-resistant, corrosion resistant, rust resistant, can be used to manufacture machinery and tools.
The global Chromium Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Chromium Steel in various end use industries. The expanding demands from the Construction, Automotive, Shipbuilding and Machinery, are propelling Chromium Steel market. 12CrMo, 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 20CrMo segment is estimated at % CAGR for the next seven-year period.
Nickel steel is used in various industries, including construction, automotive, and aerospace. Market trends include efforts to reduce nickel content to address cost and supply chain concerns while maintaining performance.
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 Chromium Steel, 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 Chromium Steel 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 Chromium Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Chromium Steel 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 Chromium Steel covered in this report include AK Steel, Sandvik, ThyssenKrupp Steel and Atlas Steels, etc.
The global Chromium Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AK Steel
Sandvik
ThyssenKrupp Steel
Atlas Steels
Global Chromium Steel 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 Chromium Steel market, Segment by Type:
12CrMo
20CrMo
35CrMo
Others
Global Chromium Steel market, by Application
Construction
Automotive
Shipbuilding
Machinery
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 Chromium Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Chromium Steel 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 Chromium Steel Market Overview
1.1 Chromium Steel Product Overview
1.2 Chromium Steel Market Segment by Type
1.2.1 12CrMo
1.2.2 20CrMo
1.2.3 35CrMo
1.2.4 Others
1.3 Global Chromium Steel Market Size by Type
1.3.1 Global Chromium Steel Market Size Overview by Type (2018-2029)
1.3.2 Global Chromium Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Chromium Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Chromium Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Chromium Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Chromium Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Chromium Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Chromium Steel Sales Breakdown by Type (2018-2023)
2 Global Chromium Steel Market Competition by Company
2.1 Global Top Players by Chromium Steel Sales (2018-2023)
2.2 Global Top Players by Chromium Steel Revenue (2018-2023)
2.3 Global Top Players by Chromium Steel Price (2018-2023)
2.4 Global Top Manufacturers Chromium Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Chromium Steel Market Competitive Situation and Trends
2.5.1 Chromium Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Chromium Steel 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 Chromium Steel as of 2022)
2.7 Date of Key Manufacturers Enter into Chromium Steel Market
2.8 Key Manufacturers Chromium Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Chromium Steel Status and Outlook by Region
3.1 Global Chromium Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Chromium Steel Historic Market Size by Region
3.2.1 Global Chromium Steel Sales in Volume by Region (2018-2023)
3.2.2 Global Chromium Steel Sales in Value by Region (2018-2023)
3.2.3 Global Chromium Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Chromium Steel Forecasted Market Size by Region
3.3.1 Global Chromium Steel Sales in Volume by Region (2024-2029)
3.3.2 Global Chromium Steel Sales in Value by Region (2024-2029)
3.3.3 Global Chromium Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Chromium Steel by Application
4.1 Chromium Steel Market Segment by Application
4.1.1 Construction
4.1.2 Automotive
4.1.3 Shipbuilding
4.1.4 Machinery
4.2 Global Chromium Steel Market Size by Application
4.2.1 Global Chromium Steel Market Size Overview by Application (2018-2029)
4.2.2 Global Chromium Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Chromium Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Chromium Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Chromium Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Chromium Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Chromium Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Chromium Steel Sales Breakdown by Application (2018-2023)
5 North America Chromium Steel by Country
5.1 North America Chromium Steel Historic Market Size by Country
5.1.1 North America Chromium Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Chromium Steel Sales in Volume by Country (2018-2023)
5.1.3 North America Chromium Steel Sales in Value by Country (2018-2023)
5.2 North America Chromium Steel Forecasted Market Size by Country
5.2.1 North America Chromium Steel Sales in Volume by Country (2024-2029)
5.2.2 North America Chromium Steel Sales in Value by Country (2024-2029)
6 Europe Chromium Steel by Country
6.1 Europe Chromium Steel Historic Market Size by Country
6.1.1 Europe Chromium Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Chromium Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe Chromium Steel Sales in Value by Country (2018-2023)
6.2 Europe Chromium Steel Forecasted Market Size by Country
6.2.1 Europe Chromium Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe Chromium Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific Chromium Steel by Region
7.1 Asia-Pacific Chromium Steel Historic Market Size by Region
7.1.1 Asia-Pacific Chromium Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Chromium Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Chromium Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Chromium Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific Chromium Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Chromium Steel Sales in Value by Region (2024-2029)
8 Latin America Chromium Steel by Country
8.1 Latin America Chromium Steel Historic Market Size by Country
8.1.1 Latin America Chromium Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Chromium Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Chromium Steel Sales in Value by Country (2018-2023)
8.2 Latin America Chromium Steel Forecasted Market Size by Country
8.2.1 Latin America Chromium Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Chromium Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa Chromium Steel by Country
9.1 Middle East and Africa Chromium Steel Historic Market Size by Country
9.1.1 Middle East and Africa Chromium Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Chromium Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Chromium Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Chromium Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa Chromium Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Chromium Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AK Steel
10.1.1 AK Steel Company Information
10.1.2 AK Steel Introduction and Business Overview
10.1.3 AK Steel Chromium Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AK Steel Chromium Steel Products Offered
10.1.5 AK Steel Recent Development
10.2 Sandvik
10.2.1 Sandvik Company Information
10.2.2 Sandvik Introduction and Business Overview
10.2.3 Sandvik Chromium Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sandvik Chromium Steel Products Offered
10.2.5 Sandvik Recent Development
10.3 ThyssenKrupp Steel
10.3.1 ThyssenKrupp Steel Company Information
10.3.2 ThyssenKrupp Steel Introduction and Business Overview
10.3.3 ThyssenKrupp Steel Chromium Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ThyssenKrupp Steel Chromium Steel Products Offered
10.3.5 ThyssenKrupp Steel Recent Development
10.4 Atlas Steels
10.4.1 Atlas Steels Company Information
10.4.2 Atlas Steels Introduction and Business Overview
10.4.3 Atlas Steels Chromium Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Atlas Steels Chromium Steel Products Offered
10.4.5 Atlas Steels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Chromium Steel 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 Chromium Steel Industrial Chain Analysis
11.4 Chromium Steel Market Dynamics
11.4.1 Chromium Steel Industry Trends
11.4.2 Chromium Steel Market Drivers
11.4.3 Chromium Steel Market Challenges
11.4.4 Chromium Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Chromium Steel Distributors
12.3 Chromium Steel 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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