Global Chromium Phosphate Market by Type (1/500G, 1/Kg), By Application (Corrosion Protection, Architectural Purposes, Medical, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The global chromium phosphate market is expected to grow at a CAGR of X.X% during the forecast period. The growth can be attributed to the increasing demand for corrosion protection, architectural purposes, and medical applications in various countries. Increasing the use of chromium phosphates as catalysts in industries such as steel production and oil refining will also boost the demand for chromium phosphates.
Chromium phosphate is an inorganic compound of the chemical element chromium and phosphoric acid. Chemically, it can be represented by CrPO(OH)xHO where x≤0. This water-soluble salt is commonly used as a food additive (E171), with the main purpose being to prevent corrosion or oxidation of foods made from iron and steel containers such as canned goods, beer cans, pharmaceuticals, etc.
On the basis of type, chromium phosphate is segmented into 500g, and 1000g.
Chromium Phosphate 500g
Chromium phosphate 500g is a type of corrosion protection agent which contains trivalent chromium. It also has the ability to produce anti-corrosion properties such as prevention and mitigation against rusting, fouling, pitting, scaling, and eutrophication. This product is usually found in architectural coatings that are used for protecting steel or concrete structures from environmental factors like saltwater spray etc.
Chromium Phosphate 1000g
Chromium phosphate 1000g is also known by different names like cryptophyte, chromic acid phosphoric anhydride (CAPA), or simply chromic acid phosphorus with many applications across various industries due to its anti-corrosive properties. Chromium phosphate is a heavy-duty corrosion inhibitor that offers protection against rust and corrosion. It has been widely used in industries such as the steel industry, mining, and construction sectors to protect the metal from atmospheric exposure for industrial purposes.
On the basis of application, chromium phosphate is segmented into corrosion protection, architectural purposes, medical applications, and others.
Corrosion protection
Chromium phosphate is a compound that has found wide applications in corrosion protection and prevention of plant diseases. It is used for corrosion protection. The use of chromate coatings has been replaced with the use of phosphates due to environmental concerns about lead poisoning.
Architectural purposes
Chromium phosphate is used for architectural purposes for making reinforced concrete structures. It has a chemical composition of CrO42- and P304-. This material is also found to be hard, tough, and lightweight so it can provide high performance in the construction industry. It is a great building material that does not corrode easily. It also provides an attractive, non-reflective surface and has good resistance to atmospheric agents such as ozone or air pollution.
Medical applications
Chromium phosphate is used in medical applications as a coating for surgical and dental instruments. It has been found to be biocompatible, meaning it does not cause an adverse reaction when introduced into the body. Chromium phosphate prevents corrosion by forming a barrier on metal surfaces such as steel or stainless steel. This high-quality surface allows surgeons certain advantages like long-term antimicrobial protection of their tools that would otherwise have to be sterilized with extreme heat every time they were touched by human hands during surgery.
On the basis of region, the global chromium phosphate market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
North America is expected to witness a healthy growth in demand for chromium phosphate over the forecast period owing to rising investments by key players in this region. Europe will also show positive growth as countries such as Germany and UK are investing heavily towards pollution reduction strategies with an emphasis on the heavy industry which requires corrosion protection systems that use chromium phosphates. The Middle East & Africa too would be emerging market segments where there is an increase in construction activities across various sectors including residential, commercial, and industrial areas that have been driving demand for architectural purposes.
Growth factors
The growth of the global chromium phosphate market is driven by a major increase in the construction industry, which requires corrosion protection. A growing number of innovations and advancements in the medical field also drive the demand as it has been found to be effective for the treatment of certain types of cancer (leukemia). Increasing industrialization coupled with a growing population will lead to an increased production capacity, thereby driving up the prices. The greater need for anti-corrosion coatings on bridges and buildings can boost its application significantly over time.
Up Market Research published a new report titled “Chromium Phosphate Market research report which is segmented by Types (1/500G, 1/Kg), By Applications (Corrosion Protection, Architectural Purposes, Medical, Others), By Players/Companies American Elements, Bayer, Brenntag, CHEMOS, Chemetall, Oxkem, Service Chemical, Sigma-Aldrich”.
Report Scope
Report Attributes | Report Details |
Report Title | Chromium Phosphate Market Research Report |
By Type | 1/500G, 1/Kg |
By Application | Corrosion Protection, Architectural Purposes, Medical, Others |
By Companies | American Elements, Bayer, Brenntag, CHEMOS, Chemetall, Oxkem, Service Chemical, Sigma-Aldrich |
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 | 230 |
Number of Tables & Figures | 161 |
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 Phosphate Market Report Segments:
The market is segmented by Type 1/500G, 1/Kg and By Application Corrosion Protection, Architectural Purposes, Medical, Others.
Some of the companies that are profiled in this report are:
- American Elements
- Bayer
- Brenntag
- CHEMOS
- Chemetall
- Oxkem
- Service Chemical
- Sigma-Aldrich
Chromium Phosphate 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 Phosphate Market
Overview of the regional outlook of the Chromium Phosphate 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.
Highlights of The Chromium Phosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Chromium Phosphate Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. 1/500G
2. 1/Kg
7. By Application:1. Corrosion Protection
2. Architectural Purposes
3. Medical
4. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chromium Phosphate 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
Reasons to Purchase the Chromium Phosphate 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 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chromium Phosphate 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 Phosphate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chromium Phosphate 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 Phosphate 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 Phosphate Market Size & Forecast, 2018-2028
4.5.1 Chromium Phosphate Market Size and Y-o-Y Growth
4.5.2 Chromium Phosphate Market Absolute $ Opportunity
Chapter 5 Global Chromium Phosphate 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 Phosphate Market Size Forecast by Type
5.2.1 1/500G
5.2.2 1/Kg
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chromium Phosphate 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 Phosphate Market Size Forecast by Applications
6.2.1 Corrosion Protection
6.2.2 Architectural Purposes
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chromium Phosphate 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 Phosphate 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 Phosphate Analysis and Forecast
9.1 Introduction
9.2 North America Chromium Phosphate 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 Phosphate Market Size Forecast by Type
9.6.1 1/500G
9.6.2 1/Kg
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 Phosphate Market Size Forecast by Applications
9.10.1 Corrosion Protection
9.10.2 Architectural Purposes
9.10.3 Medical
9.10.4 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 Phosphate Analysis and Forecast
10.1 Introduction
10.2 Europe Chromium Phosphate 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 Phosphate Market Size Forecast by Type
10.6.1 1/500G
10.6.2 1/Kg
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 Phosphate Market Size Forecast by Applications
10.10.1 Corrosion Protection
10.10.2 Architectural Purposes
10.10.3 Medical
10.10.4 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 Phosphate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chromium Phosphate 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 Phosphate Market Size Forecast by Type
11.6.1 1/500G
11.6.2 1/Kg
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 Phosphate Market Size Forecast by Applications
11.10.1 Corrosion Protection
11.10.2 Architectural Purposes
11.10.3 Medical
11.10.4 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 Phosphate Analysis and Forecast
12.1 Introduction
12.2 Latin America Chromium Phosphate 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 Phosphate Market Size Forecast by Type
12.6.1 1/500G
12.6.2 1/Kg
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 Phosphate Market Size Forecast by Applications
12.10.1 Corrosion Protection
12.10.2 Architectural Purposes
12.10.3 Medical
12.10.4 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 Phosphate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chromium Phosphate 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 Phosphate Market Size Forecast by Type
13.6.1 1/500G
13.6.2 1/Kg
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 Phosphate Market Size Forecast by Applications
13.10.1 Corrosion Protection
13.10.2 Architectural Purposes
13.10.3 Medical
13.10.4 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 Phosphate Market: Competitive Dashboard
14.2 Global Chromium Phosphate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Bayer
14.3.3 Brenntag
14.3.4 CHEMOS
14.3.5 Chemetall
14.3.6 Oxkem
14.3.7 Service Chemical
14.3.8 Sigma-Aldrich