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Global Chromium Carbide Market by Type (Powder, Block, Others), By Application (Mining, Energy, Cement, Steel, Pulp & Paper, Glass, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-186
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 62
  • No. Of Pages: 235
  • Format:
  • Pub. Date: 2021-03-01
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The global chromium carbide market is expected to grow at a CAGR of 3.6% during the forecast period from 2021 to 2028. Increasing demand for chromium carbides in various end-user industries such as the mining industry owing to its high melting point has been driving market growth over the last few years.

Chromium carbide is a hard, refractory, dark-gray metal with a hardness of 12. It has a high melting point. The three common allotropes are chromium, martensite, and austenite. Chromium carbide is the most important compound of chromium compounds of chromium and is a constituent of stainless steel and other alloys. It exhibits excellent chemical and thermal resistance properties which are mainly used in refractories such as bricks or crucibles for steelmaking, iron-chromite cement production, carbon arc furnace linings, pulverized coal injection systems, etc.

On the basis of type, chromium carbide is segmented into powder, block, and others.


Powder chromium carbide

It is the most commonly used type, which is mainly applied in stainless steel production. It is a three-component system of chromium, tungsten, and carbon. Chromium particles are finely divided into powder form as the raw material to produce this type of carbide. The chemical composition required for producing these powders also includes other elements such as manganese and molybdenum. There are many applications where this metal can be used but it has been most commonly utilized in cutting tools because its properties make it an excellent abrasive agent with a high hardness level combined with a low coefficient on wear resistance.


Block chromium carbide

It is a combination of metal Chromium and carbon. The material is usually used in refractories, steelmaking, glass making and mining operations to resist high temperatures at various conditions.

On the basis of application, chromium carbide is segmented into mining, energy generation, cement production, steel production, pulp & paper industry as well as glass-making industry.



Chromium carbide is used in the process of extracting minerals from ores. It has a high hardness level and resistance to wear, which makes it an ideal material for mining machinery. The chromite ore can be processed using steel balls that have been made with chromium carbide inserts. The ball milling machine grinds up rocks into fine particles by rotating them around rapidly while inside the chamber. This grinding action produces small rock fragments called slag, as well as metal dust consisting of coarse grains mixed with finer ones containing iron or nickel metals. A large-scale application of this type would include the extraction process by which coal is mined.


Energy Generation

Chromium carbide is a rare-earth metal compound that has an important use in the nuclear industry. The radioactive isotope californium-252, which can be extracted from spent fuel rods and nuclear waste material by bombarding them with neutrons, converts to pure carbon when it absorbs a neutron so it's used as reactor fuel. A few grams of this element are typically needed for each kilowatt-hour generated per day in order to produce electricity.


Cement Production

Chromium carbide is a compound that is used in cement production to slow the rate of heat transfer from the clinker. The slag, which separates out during firing, contains chromium and carbon. It can be added back into the mix at this stage if it has not already been removed by some other process such as “calcining” or “lime-burning”. When calcium oxide (CaO) reacts with heating coal, any free lime will react preferentially with all sulfates present to form calcium sulfate – gypsum (CaSO₃). All molten metal oxides dissolve in water except for CaO and MgO so they are unaffected by these reactions but SiO₂ will be in excess and the resulting slag might not have all of its components present. The clinker is then mixed with up to 20% chromium carbide, which contains only one solid phase (Cr23C-). This material slows down the rate at which heat can transfer from the molten mass so that a longer period of time is available for the chemical reactions between constituents before they are vitrified into a glassy state.


Steel Production

Chromium carbide is an alloying material in steel production. It can help to decrease the melting point of steel while also increasing its hardness and wear resistance.


Pulp and Paper Industry

Chromium carbide is used to pulverize wood for the production of pulp. The size and shape of the particles are important because they determine how well they will blend with water in a process known as hydration, which makes up about 65% of the paper-making total cost.



In the glass-making process, chromium carbide is used in a variety of applications. It can be used to make chemical compounds for polishing and in many other ways. The main use of chromium carbide in glass-making is to improve durability, surface quality, and production rate. It can be used in the form of powder or grits as an addition to glass formulations for improving their properties.

On the basis of region global chromium carbide market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold the highest market share followed by Europe in terms of revenue. Europe accounted for the second-largest share in this region, registering a CAGR of XX% from 2018 to 2028. The Asia Pacific and Latin American are anticipated to grow at an above-average rate over the forecast period owing to positive economic growth prospects and increasing demand within emerging economies such as India and China. The increase in technological advancements across industries will also boost their uptake during the projection period, with the Asia Pacific being poised for rapid growth due to its low carbon footprint levels when compared with other regions.

The Middle East & Africa held one of the smallest shares among all regions but registered a significant CAGR because it has gradually evolved into one of the key chromium carbide regions of the world. The market might witness some volatility throughout its projection period due to shifting political landscapes and macroeconomic factors around the globe but on average it has been projected as being strong across all segments during 2021-2028.

Growth factor

- Increase production of chromium carbide from the mining industry is a key factor for driving global demand growth.

- Rising cement and steel production in emerging markets is also expected to drive market growth over the forecast period.

- Increasing demand for chromium carbide in various applications such as energy, cement, and steel is expected to drive the growth of the global market.

Up Market Research published a new report titled “Chromium Carbide Market research report which is segmented by Types (Powder, Block, Others), By Applications (Mining, Energy, Cement, Steel, Pulp & Paper, Glass, Others), By Players/Companies 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”. 


Report Scope

Report Attributes Report Details
Report Title Chromium Carbide Market Research Report
By Type Powder, Block, Others
By Application Mining, Energy, Cement, Steel, Pulp & Paper, Glass, Others
By Companies 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
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 235
Number of Tables & Figures 165
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Chromium Carbide Industry Outlook

Global Chromium Carbide Market Report Segments:

The market is segmented by Type Powder, Block, Others and By Application Mining, Energy, Cement, Steel, Pulp & Paper, Glass, Others.


Some of the companies that are profiled in this report are:

  1. OC Oerlikon
  2. H.C. Starck
  3. Praxair S.T. Technology
  4. Sigma-Aldrich
  5. Alfa Aesar
  6. Strem Chemicals
  7. Changsha Langfeng Metallic Material
  8. Reade International
  9. NewMet
  10. ESPICorp
  11. Nanoshel
  12. LTS Research Laboratories
  13. American Elements
  14. Inframat
  15. ZhuZhou GuangYuan Cemented Material

Chromium Carbide Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Chromium Carbide Market

Overview of the regional outlook of the Chromium Carbide Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Chromium Carbide Market Overview

Highlights of The Chromium Carbide Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Chromium Carbide Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Powder

                2. Block

                3. Others

       7. By Application:

                1. Mining

                2. Energy

                3. Cement

                4. Steel

                5. Pulp & Paper

                6. Glass

                7. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Chromium Carbide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Chromium Carbide Market Statistics

Reasons to Purchase the Chromium Carbide Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chromium Carbide Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Chromium Carbide Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Chromium Carbide Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Chromium Carbide Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Chromium Carbide Market Size & Forecast, 2018-2028 
      4.5.1 Chromium Carbide Market Size and Y-o-Y Growth 
      4.5.2 Chromium Carbide Market Absolute $ Opportunity 

Chapter 5 Global Chromium Carbide Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Chromium Carbide Market Size Forecast by Type
      5.2.1 Powder
      5.2.2 Block
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Chromium Carbide Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Chromium Carbide Market Size Forecast by Applications
      6.2.1 Mining
      6.2.2 Energy
      6.2.3 Cement
      6.2.4 Steel
      6.2.5 Pulp & Paper
      6.2.6 Glass
      6.2.7 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Chromium Carbide Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Chromium Carbide Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Chromium Carbide Analysis and Forecast
   9.1 Introduction
   9.2 North America Chromium Carbide Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Chromium Carbide Market Size Forecast by Type
      9.6.1 Powder
      9.6.2 Block
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Chromium Carbide Market Size Forecast by Applications
      9.10.1 Mining
      9.10.2 Energy
      9.10.3 Cement
      9.10.4 Steel
      9.10.5 Pulp & Paper
      9.10.6 Glass
      9.10.7 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Chromium Carbide Analysis and Forecast
   10.1 Introduction
   10.2 Europe Chromium Carbide Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Chromium Carbide Market Size Forecast by Type
      10.6.1 Powder
      10.6.2 Block
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Chromium Carbide Market Size Forecast by Applications
      10.10.1 Mining
      10.10.2 Energy
      10.10.3 Cement
      10.10.4 Steel
      10.10.5 Pulp & Paper
      10.10.6 Glass
      10.10.7 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Chromium Carbide Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Chromium Carbide Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Chromium Carbide Market Size Forecast by Type
      11.6.1 Powder
      11.6.2 Block
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Chromium Carbide Market Size Forecast by Applications
      11.10.1 Mining
      11.10.2 Energy
      11.10.3 Cement
      11.10.4 Steel
      11.10.5 Pulp & Paper
      11.10.6 Glass
      11.10.7 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Chromium Carbide Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Chromium Carbide Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Chromium Carbide Market Size Forecast by Type
      12.6.1 Powder
      12.6.2 Block
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Chromium Carbide Market Size Forecast by Applications
      12.10.1 Mining
      12.10.2 Energy
      12.10.3 Cement
      12.10.4 Steel
      12.10.5 Pulp & Paper
      12.10.6 Glass
      12.10.7 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Chromium Carbide Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Chromium Carbide Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Chromium Carbide Market Size Forecast by Type
      13.6.1 Powder
      13.6.2 Block
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Chromium Carbide Market Size Forecast by Applications
      13.10.1 Mining
      13.10.2 Energy
      13.10.3 Cement
      13.10.4 Steel
      13.10.5 Pulp & Paper
      13.10.6 Glass
      13.10.7 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Chromium Carbide Market: Competitive Dashboard
   14.2 Global Chromium Carbide Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 OC Oerlikon
      14.3.2 H.C. Starck
      14.3.3 Praxair S.T. Technology
      14.3.4 Sigma-Aldrich
      14.3.5 Alfa Aesar
      14.3.6 Strem Chemicals
      14.3.7 Changsha Langfeng Metallic Material
      14.3.8 Reade International
      14.3.9 NewMet
      14.3.10 ESPICorp
      14.3.11 Nanoshel
      14.3.12 LTS Research Laboratories
      14.3.13 American Elements
      14.3.14 Inframat
      14.3.15 ZhuZhou GuangYuan Cemented Material
Segments Covered in the Report
The global Chromium Carbide market has been segmented based on

By Types
  • Powder
  • Block
  • Others
By Applications
  • Mining
  • Energy
  • Cement
  • Steel
  • Pulp & Paper
  • Glass
  • Others
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • 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

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