Chromium Carbide Market
Chromium Carbide Market Analysis by Wear- & Corrosion-resistant Coatings, Welding Electrodes, and Cutting Tools for Mining, Energy, Cement, Steel, Pulp & Paper, Glass, and Others from 2023 to 2033
Analysis of Chromium Carbide Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Chromium Carbide Market Outlook (2023 to 2033)
Based on the latest study by experienced analysts at Fact.MR, the global chromium carbide market size is valued at US$ 38.9 million in 2023 and is projected to expand steadily at a CAGR of 6.5% to reach a marker size of US$ 73 million by the end of 2033.
Chromium carbide, an inorganic substance with a high melting point, has excellent wear, corrosion, and oxidation resistance. Chromium carbide is frequently used as a coating material to improve the surface qualities of different materials, such as metals, to increase their wear resistance and longevity.
With the chemical formula Cr3C2, chromium carbide is a compound made up of chromium and carbon. It is a tough, refractory ceramic material with great wear resistance, a high melting point, and strong thermal conductivity. With applications in various industries, the global chromium carbide market is expected to exhibit substantial growth. Increasing demand from sectors such as aerospace, automotive, mining, and energy, where wear resistance is essential, is significantly driving chromium carbide market growth.
| Report Attributes | Details |
|---|---|
| Chromium Carbide Market Size (2022A) | US$ 36.5 Million |
| Estimated Market Value (2023E) | US$ 38.9 Million |
| Forecasted Market Value (2033F) | US$ 73 Million |
| Global Market Growth Rate (2023 to 2033) | 6.5% CAGR |
| North America Market Share (2023) | 36.7% |
| United States Market Growth Rate (2023 to 2033) | 5.7% CAGR |
| Key Companies Profiled |
|
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Consumption Analysis of Chromium Carbide (2018 to 2022) vs. Market Forecasts (2023 to 2033)
Revenue from the sales of chromium carbide across the world increased at a CAGR of 4.7% between 2018 and 2022.
- Short Term (2023 to 2026): In the near future, more applications in sectors including aerospace, automotive, mining, and energy, where wear resistance is essential, are anticipated to boost demand for chromium carbide.
- Medium Term (2026 to 2029): Rising infrastructure projects, such as those in the construction, power generation, and transportation sectors, are forecasted to boost demand for chromium carbide.
- Long Term (2029 to 2033): Long-term market growth is projected to be fueled by the global focus on renewable energy sources like wind and solar power. Chromium carbide is predicted to be extensively utilized in the production of solar panels and parts for wind turbines.
The chromium carbide coatings market is projected to advance at a CAGR of 6.5% during the forecast period, according to Fact.MR, a market research and competitive intelligence provider.
What’s Leading to Extensive Use of Chromium Carbide across Diverse Sectors?
“Growing Demand for Corrosion- and Wear-resistant Materials for Infrastructure Projects”
Chromium carbide is commonly used in the manufacturing, mining, automotive, energy, and aerospace sectors. Market expansion is anticipated to be fueled by the rising demand in these industries for materials with excellent wear resistance and durability.
Need for chromium carbide coatings is fueled in part by infrastructure projects including building, producing electricity, and transportation. Demand for corrosion-resistant and durable materials in infrastructure construction is driving market expansion.
The objective of ongoing research and development is to enhance the hardness, adhesion, and corrosion resistance of chromium carbide coatings. Technological advancements draw new sectors and expand the utilization of chromium carbide, promoting market expansion.
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What are the Issues Affecting the Sales Growth of Chromium Carbide?
“Fluctuating Raw Material Prices and Economic Uncertainty”
Chromium and carbon, two basic elements used to make chromium carbide, can have variable prices. Chromium carbide producers may face difficulties due to price changes that may impact their profitability and overall expenses of production.
Demand for chromium carbide may be impacted by changes in the global economy. Reduced investments in sectors that use chromium carbide coatings might result from economic downturns or uncertainty, which can influence market expansion.
Global economic and financial fragmentation are becoming severe challenges to financial stability, according to reports from the International Monetary Fund (IMF). Russia's invasion of Ukraine, escalating geopolitical tensions, and tense relations between the United States and China all have significant effects on the stability of the global financial system.
Chromium carbide properties may not make it the best material or coating for many applications. Examples of alternatives that offer equivalent or better performance include advancements in polymers, composite materials, and ceramic coatings. The market for chromium carbide may face difficulties expanding due to the presence of replacements.
Country-wise Insights
What are the Factors Driving for Chromium Carbide Demand in the United States?
“Rising Wind Energy Use Fueling Demand for Chromium Carbide to Enhance Turbine Durability”
Chromium carbide applications in the United States are valued at US$ 11.16 million in 2023, which is over 28% of the global chromium carbide market share.
The industrial landscape of the United States is diversified, with important economic contributors including the aerospace, automotive, mining, energy, and manufacturing industries. These industries require a high level of toughness and wear resistance in their materials. Demand for chromium carbide is growing driven by the widespread use of chromium carbide coatings in various applications to extend component life and improve performance.
Use of renewable energy sources like wind and solar electricity is becoming more and more popular in the United States. Components of wind turbines, such as the blades and gears, are coated with chromium carbide to increase their toughness and wear resistance. The need for chromium carbide coatings is being driven by the growth of the renewable energy sector.
Ongoing improvements in coating technologies and procedures are also influencing market growth. Research and development efforts are concentrated on enhancing the hardness, adhesion, and corrosion resistance of chromium carbide coatings to increase their effectiveness in demanding applications.
What’s the Situation of the Chromium Carbide Market in China?
“High Production Capacity of Chromium Carbide”
Revenue from the sales of chromium carbide in China is estimated at US$ 5.8 million in 2023.
Need for chromium carbide is driven by China's strong industrial sector, which includes manufacturing, mining, construction, and energy. The substantial demand for wear-resistant coatings and materials in China, notably chromium carbide, is primarily driven by the country's swift industrialization and ongoing infrastructure development initiatives.
China has become a major worldwide manufacturing powerhouse. High wear resistance is a need for these industries' materials to increase product performance and longevity. The manufacturing sector relies heavily on chromium carbide coatings because of their exceptional wear and corrosion resistance.
The country’s dominance in the global chromium carbide market stems from competitive pricing, high production capacity, and versatile customer solutions, driving growth in its manufacturing industry through increased export potential.
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Category-wise Insights
Why Do Wear- and Corrosion-resistant Coatings Occupy a Leading Share of the Market?
“Growing Need for Long-lasting Equipment Maintenance Solutions to Reduce Expenses”
The wear- and corrosion-resistant coatings segment has reached a value of US$ 16.61 million in 2023.
The market is led by wear- and corrosion-resistant coatings because of their remarkable qualities and wide variety of uses. In several industries, including mining, oil and gas, power generation, manufacturing, and automotive, chromium carbide coatings are frequently used to protect surfaces against wear, abrasion, and corrosion.
Chromium carbide coatings are exceptionally strong and resistant to wear, making them excellent for defending surfaces against abrasive or erosive wear. These coatings can greatly increase the service life of machinery and equipment, resulting in less downtime and lower maintenance expenses.
Due to extreme operating circumstances, industries like mining, oil & gas, power production, and manufacturing confront significant wear and corrosion difficulties. Demand for wear- and corrosion-resistant coatings made of chromium carbide has increased as a result of the growing need for long-lasting solutions to preserve essential equipment.
The remarkable qualities of chromium carbide coatings, such as hardness, wear resistance, corrosion resistance, and adaptability, have helped to explain their sizeable market share in the sector for wear- and corrosion-resistant coatings.
Why is Chromium Carbide Extensively Used in the Mining Sector?
“Chromium Carbide Coatings Reducing Replacement and Repair Costs of Mining Equipment”
As per the study, use of chromium carbide in the global mining sector is valued at US$ 12.21 million in 2023.
The mining sector's demand for chromium carbide is driven by its exceptional wear resistance, effectively safeguarding mining equipment against abrasion, impact, and corrosion in various applications.
Heavy machinery and equipment used in mining operations are subjected to severe wear and abrasion from rocks, ores, and other abrasive materials. Critical mining parts like pipelines, liners, chutes, hoppers, and buckets are coated with chromium carbide to prevent wear and increase their longevity. These coatings considerably lower the need for maintenance and the cost of replacing or repairing equipment.
Mining operations require significant capital expenditures for gear and equipment. By lowering the need for equipment replacements and lowering maintenance costs, chromium carbide coatings assist mining businesses in getting the most out of their investments. By greatly enhancing the toughness and longevity of mining equipment, the coatings offer an economical option.
Use of chromium carbide coatings in mining offers substantial benefits in terms of protecting equipment, increasing operating effectiveness, reducing costs, and enhancing safety. These advantages fuel the mining industry's demand for chromium carbide and contribute to market expansion.
Competition Landscape
Leading chromium carbide manufacturers are OC Oerlikon Corporation AG, Pfäffikon, H.C. Starck GmbH, Praxair S.T. Technology, Inc., Sigma-Aldrich Co. LLC., Alfa Aesar, Strem Chemicals, Inc., Changsha Langfeng Metallic Material Co., Ltd., Reade International Corp., NewMet Ltd., ESPICorp Inc., Nanoshel LLC, LTS Research Laboratories, Inc., American Elements, Inframat Corporation, and ZhuZhou GuangYuan Cemented Material Co., Ltd.
Chromium carbide manufacturers are implementing several methods to foster growth and maintain a competitive edge. To improve the performance and qualities of chromium carbide coatings, businesses are investing in research and development projects. To meet changing consumer expectations, they are focusing on creating innovative formulations with enhanced wear resistance, adhesion, corrosion resistance, and other desired properties.
Market players are also increasing their production capabilities to keep up with the escalating demand for chromium carbide coatings. Establishment of new production facilities, purchase of existing facilities, and strategic alliances or collaborations with regional companies to gain a presence in various areas are all examples of these strategies.
Fact.MR has provided detailed information about the price points of key manufacturers of chromium carbide positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Chromium Carbide Market Research
-
By Application :
- Wear- & Corrosion-resistant Coatings
- Welding Electrodes
- Cutting Tools
-
By End Use :
- Mining
- Energy
- Cement
- Steel
- Pulp & Paper
- Glass
- Others
-
By Region :
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Middle East & Africa
Table of Content
1. Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Global Market Outlook 3.2. Comparison of Different and Scope of Improvement 3.3. Statistics, By Region 3.4. Consumption Outlook 3.4.1. By Application 3.4.2. By End Use 3.5. Chromium Carbide: Apparent Production & Consumption Analysis 3.5.1. Production Capacity (Tons) 3.5.1.1. By Key Regions 3.5.1.2. By Key Companies 3.5.2. Consumption Statistics 3.5.3. Apparent Trade Analysis 3.6. Market Opportunity Assessment 3.6.1. Total Available Market (US$ million) 3.6.2. Serviceable Addressable Market (US$ million) 3.6.3. Serviceable Obtainable Market (US$ million) 3.7. Market Dynamics 3.7.1. Growth Drivers and Impact Analysis 3.7.1.1. Supply Side Drivers 3.7.1.2. Demand Side Drivers 3.7.1.3. Macroeconomics Drivers 3.7.2. Prominent Market Challenges and Impact Analysis 3.7.3. Industry Trends and Impact Analysis 3.7.3.1. Technology Level Trends 3.7.3.2. Business Level Trends 3.7.4. Opportunities for Market & Impact Analysis 3.8. Industry Value and Supply Chain Analysis 3.9. Forecast Factors – Relevance and Impact 3.10. Macro-Economic Factors 3.11. PESTLE Analysis 3.12. Porter’s Five Force Analysis 3.13. Investment Feasibility Analysis 3.14. Key Success Factors 4. Global Demand (Tons) Analysis and Forecast 4.1. Historical Market Volume (Tons) Analysis, 2018-2022 4.2. Current and Future Market Volume (Tons) Projections, 2023-2033 5. Global Market - Pricing Analysis 5.1. Average Pricing Analysis by Countries 5.2. Price Variance by Specification 5.3. Specification and Region-Level Pricing Analysis 5.4. Global Average Pricing Analysis Benchmark 5.5. Factors Influencing Pricing 6. Global Market Value (US$ million) Analysis and Forecast 6.1. Historical Market Value (US$ million) Analysis, 2018-2022 6.2. Current and Future Market Value (US$ million) Projections, 2023-2033 7. Global Market Analysis and Forecast, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Application, 2018-2022 7.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By Application, 2023-2033 7.3.1. Wear & Corrosion Resistant Coatings 7.3.2. Welding Electrodes 7.3.3. Cutting Tools 7.4. Market Attractiveness Analysis By Application 8. Global Market Analysis and Forecast, By End Use 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By End Use, 2018-2022 8.3. Current and Future Market Size (US$ million) Analysis and Volume (Tons) Forecast By End Use, 2023-2033 8.3.1. Mining 8.3.2. Energy 8.3.3. Cement 8.3.4. Steel 8.3.5. Pulp & Paper 8.3.6. Glass 8.3.7. Others 8.4. Market Attractiveness Analysis By End Use 9. Global Market Analysis and Forecast, By Region 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume (Tons) Analysis By Region, 2018-2022 9.3. Current Market Size (US$ million) Analysis and Volume (Tons) Forecast By Region, 2023-2033 9.3.1. North America 9.3.2. Latin America 9.3.3. East Asia 9.3.4. South Asia & Pacific 9.3.5. Western Europe 9.3.6. Eastern Europe 9.3.7. Middle East & Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Pricing Analysis 10.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 10.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 10.4.1. By Country 10.4.1.1. United States 10.4.1.2. Canada 10.4.2. By Application 10.4.3. By End Use 10.5. Market Attractiveness Analysis 10.5.1. By Country 10.5.2. By Application 10.5.3. By End Use 11. Latin America Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 11.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 11.4.1. By Country 11.4.1.1. Brazil 11.4.1.2. Mexico 11.4.1.3. Argentina 11.4.1.4. Chile 11.4.1.5. Peru 11.4.1.6. Rest of Latin America 11.4.2. By Application 11.4.3. By End Use 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Application 11.5.3. By End Use 12. East Asia Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 12.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 12.4.1. By Country 12.4.1.1. China 12.4.1.2. Japan 12.4.1.3. South Korea 12.4.2. By Application 12.4.3. By End Use 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Application 12.5.3. By End Use 13. South Asia & Pacific Protective Coatings Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 13.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 13.4.1. By Country 13.4.1.1. India 13.4.1.2. ASEAN 13.4.1.3. Australia and New Zealand 13.4.1.4. Rest of South Asia & Pacific 13.4.2. By Application 13.4.3. By End Use 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Application 13.5.3. By End Use 14. Western Europe Protective Coatings Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 14.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 14.4.1. By Country 14.4.1.1. Germany 14.4.1.2. France 14.4.1.3. Italy 14.4.1.4. Spain 14.4.1.5. U.K. 14.4.1.6. BENELUX 14.4.1.7. Nordic 14.4.1.8. Rest of Western Europe 14.4.2. By Application 14.4.3. By End Use 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Application 14.5.3. By End Use 15. Eastern Europe Protective Coatings Market Analysis and Forecast 15.1. Introduction / Key Findings 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 15.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 15.4.1. By Country 15.4.1.1. Russia 15.4.1.2. Hungary 15.4.1.3. Poland 15.4.1.4. Balkan & Baltics 15.4.1.5. Rest of Eastern Europe 15.4.2. By Application 15.4.3. By End Use 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Application 15.5.3. By End Use 16. Middle East & Africa Market Analysis and Forecast 16.1. Introduction / Key Findings 16.2. Pricing Analysis 16.3. Historical Market Size (US$ million) and Volume (Tons) Trend Analysis By Market Taxonomy, 2018-2022 16.4. Market Size (US$ million) and Volume (Tons) Forecast By Market Taxonomy, 2023-2033 16.4.1. By Country 16.4.1.1. GCC Countries 16.4.1.2. South Africa 16.4.1.3. Northern Africa 16.4.1.4. Turkiye 16.4.1.5. Rest of Middle East & Africa 16.4.2. By Application 16.4.3. By End Use 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Application 16.5.3. By End Use 17. Country-level Market Analysis and Forecast 17.1. Introduction / Key Findings 17.1.1. Market Value Proportion Analysis, By Key Countries 17.1.2. Global Vs. Country Growth Comparison 17.2. United States Market Analysis 17.2.1. Value Proportion Analysis by Market Taxonomy 17.2.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.2.2.1. By Application 17.2.2.2. By End Use 17.3. Canada Market Analysis 17.3.1. Value Proportion Analysis by Market Taxonomy 17.3.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.3.2.1. By Application 17.3.2.2. By End Use 17.4. Brazil Market Analysis 17.4.1. Value Proportion Analysis by Market Taxonomy 17.4.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.4.2.1. By Application 17.4.2.2. By End Use 17.5. Mexico Market Analysis 17.5.1. Value Proportion Analysis by Market Taxonomy 17.5.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.5.2.1. By Application 17.5.2.2. By End Use 17.6. Argentina Market Analysis 17.6.1. Value Proportion Analysis by Market Taxonomy 17.6.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.6.2.1. By Application 17.6.2.2. By End Use 17.7. Germany Market Analysis 17.7.1. Value Proportion Analysis by Market Taxonomy 17.7.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.7.2.1. By Application 17.7.2.2. By End Use 17.8. France Market Analysis 17.8.1. Value Proportion Analysis by Market Taxonomy 17.8.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.8.2.1. By Application 17.8.2.2. By End Use 17.9. Italy Market Analysis 17.9.1. Value Proportion Analysis by Market Taxonomy 17.9.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.9.2.1. By Application 17.9.2.2. By End Use 17.10. Spain Market Analysis 17.10.1. Value Proportion Analysis by Market Taxonomy 17.10.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.10.2.1. By Application 17.10.2.2. By End Use 17.11. BENELUX Market Analysis 17.11.1. Value Proportion Analysis by Market Taxonomy 17.11.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.11.2.1. By Application 17.11.2.2. By End Use 17.12. Russia Market Analysis 17.12.1. Value Proportion Analysis by Market Taxonomy 17.12.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.12.2.1. By Application 17.12.2.2. By End Use 17.13. United Kingdom Market Analysis 17.13.1. Value Proportion Analysis by Market Taxonomy 17.13.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.13.2.1. By Application 17.13.2.2. By End Use 17.14. China Market Analysis 17.14.1. Value Proportion Analysis by Market Taxonomy 17.14.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.14.2.1. By Application 17.14.2.2. By End Use 17.15. Japan Market Analysis 17.15.1. Value Proportion Analysis by Market Taxonomy 17.15.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.15.2.1. By Application 17.15.2.2. By End Use 17.16. South Korea Market Analysis 17.16.1. Value Proportion Analysis by Market Taxonomy 17.16.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.16.2.1. By Application 17.16.2.2. By End Use 17.17. India Market Analysis 17.17.1. Value Proportion Analysis by Market Taxonomy 17.17.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.17.2.1. By Application 17.17.2.2. By End Use 17.18. ASEAN Countries Market Analysis 17.18.1. Value Proportion Analysis by Market Taxonomy 17.18.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.18.2.1. By Application 17.18.2.2. By End Use 17.19. Australia Market Analysis 17.19.1. Value Proportion Analysis by Market Taxonomy 17.19.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.19.2.1. By Application 17.19.2.2. By End Use 17.20. GCC Countries Market Analysis 17.20.1. Value Proportion Analysis by Market Taxonomy 17.20.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.20.2.1. By Application 17.20.2.2. By End Use 17.21. Turkiye Market Analysis 17.21.1. Value Proportion Analysis by Market Taxonomy 17.21.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.21.2.1. By Application 17.21.2.2. By End Use 17.22. South Africa Market Analysis 17.22.1. Value Proportion Analysis by Market Taxonomy 17.22.2. Volume (Tons) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.22.2.1. By Application 17.22.2.2. By End Use 18. Market Structure Analysis 18.1. Market Analysis by Tier of Companies 18.2. Market Concentration of Players 18.3. Market Share Analysis of Top Players 18.4. Market Presence Analysis 19. Competition Analysis 19.1. Competition Dashboard 19.2. Competition Benchmarking of Products 19.3. Competition Deep Dive: Chromium Carbide 19.3.1. OC Oerlikon Corporation AG, Pfaffikon 19.3.1.1. Overview 19.3.1.2. Product Portfolio 19.3.1.3. Key Financials 19.3.1.4. Sales Footprint 19.3.1.5. SWOT Analysis 19.3.1.6. Key Developments 19.3.1.7. Strategy Overview 19.3.2. H.C. Starck GmbH 19.3.2.1. Overview 19.3.2.2. Product Portfolio 19.3.2.3. Key Financials 19.3.2.4. Sales Footprint 19.3.2.5. SWOT Analysis 19.3.2.6. Key Developments 19.3.2.7. Strategy Overview 19.3.3. Praxair S.T. Technology, Inc. 19.3.3.1. Overview 19.3.3.2. Product Portfolio 19.3.3.3. Key Financials 19.3.3.4. Sales Footprint 19.3.3.5. SWOT Analysis 19.3.3.6. Key Developments 19.3.3.7. Strategy Overview 19.3.4. Sigma-Aldrich Co. LLC. 19.3.4.1. Overview 19.3.4.2. Product Portfolio 19.3.4.3. Key Financials 19.3.4.4. Sales Footprint 19.3.4.5. SWOT Analysis 19.3.4.6. Key Developments 19.3.4.7. Strategy Overview 19.3.5. Alfa Aesar 19.3.5.1. Overview 19.3.5.2. Product Portfolio 19.3.5.3. Key Financials 19.3.5.4. Sales Footprint 19.3.5.5. SWOT Analysis 19.3.5.6. Key Developments 19.3.5.7. Strategy Overview 19.3.6. Strem Chemicals, Inc. 19.3.6.1. Overview 19.3.6.2. Product Portfolio 19.3.6.3. Key Financials 19.3.6.4. Sales Footprint 19.3.6.5. SWOT Analysis 19.3.6.6. Key Developments 19.3.6.7. Strategy Overview 19.3.7. Changsha Langfeng Metallic Material Co.,Ltd. 19.3.7.1. Overview 19.3.7.2. Product Portfolio 19.3.7.3. Key Financials 19.3.7.4. Sales Footprint 19.3.7.5. SWOT Analysis 19.3.7.6. Key Developments 19.3.7.7. Strategy Overview 19.3.8. Reade International Corp. 19.3.8.1. Overview 19.3.8.2. Product Portfolio 19.3.8.3. Key Financials 19.3.8.4. Sales Footprint 19.3.8.5. SWOT Analysis 19.3.8.6. Key Developments 19.3.8.7. Strategy Overview 19.3.9. NewMet Ltd. 19.3.9.1. Overview 19.3.9.2. Product Portfolio 19.3.9.3. Key Financials 19.3.9.4. Sales Footprint 19.3.9.5. SWOT Analysis 19.3.9.6. Key Developments 19.3.9.7. Strategy Overview 19.3.10. ESPICorp Inc. 19.3.10.1. Overview 19.3.10.2. Product Portfolio 19.3.10.3. Key Financials 19.3.10.4. Sales Footprint 19.3.10.5. SWOT Analysis 19.3.10.6. Key Developments 19.3.10.7. Strategy Overview 19.3.11. Nanoshel LLC 19.3.11.1. Overview 19.3.11.2. Product Portfolio 19.3.11.3. Key Financials 19.3.11.4. Sales Footprint 19.3.11.5. SWOT Analysis 19.3.11.6. Key Developments 19.3.11.7. Strategy Overview 19.3.12. LTS Research Laboratories, Inc. 19.3.12.1. Overview 19.3.12.2. Product Portfolio 19.3.12.3. Key Financials 19.3.12.4. Sales Footprint 19.3.12.5. SWOT Analysis 19.3.12.6. Key Developments 19.3.12.7. Strategy Overview 19.3.13. American Elements 19.3.13.1. Overview 19.3.13.2. Product Portfolio 19.3.13.3. Key Financials 19.3.13.4. Sales Footprint 19.3.13.5. SWOT Analysis 19.3.13.6. Key Developments 19.3.13.7. Strategy Overview 19.3.14. Inframat Corporation 19.3.14.1. Overview 19.3.14.2. Product Portfolio 19.3.14.3. Key Financials 19.3.14.4. Sales Footprint 19.3.14.5. SWOT Analysis 19.3.14.6. Key Developments 19.3.14.7. Strategy Overview 19.3.15. ZhuZhou GuangYuan Cemented Material Co., Ltd 19.3.15.1. Overview 19.3.15.2. Product Portfolio 19.3.15.3. Key Financials 19.3.15.4. Sales Footprint 19.3.15.5. SWOT Analysis 19.3.15.6. Key Developments 19.3.15.7. Strategy Overview 19.3.16. Others 19.3.16.1. Overview 19.3.16.2. Product Portfolio 19.3.16.3. Key Financials 19.3.16.4. Sales Footprint 19.3.16.5. SWOT Analysis 19.3.16.6. Key Developments 19.3.16.7. Strategy Overview 20. Assumptions & Acronyms Used 21. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ million), by Region, 2018-2022
Table 02. Global Market Value (US$ million) and Forecast by Region, 2023-2033
Table 03. Global Market Volume (Tons), by Region, 2018-2022
Table 04. Global Market Volume (Tons) and Forecast by Region, 2023-2033
Table 05. Global Market Value (US$ million), By Application , 2018-2022
Table 06. Global Market Value (US$ million) and Forecast By Application , 2023-2033
Table 07. Global Market Volume (Tons), By Application , 2018-2022
Table 08. Global Market Volume (Tons) and Forecast By Application , 2023-2033
Table 09. Global Market Value (US$ million), By End Use, 2018-2022
Table 10. Global Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 11. Global Market Volume (Tons), By End Use, 2018-2022
Table 12. Global Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 13. North America Market Value (US$ million), by Country, 2018-2022
Table 14. North America Market Value (US$ million) and Forecast by Country, 2023-2033
Table 15. North America Market Volume (Tons), by Country, 2018-2022
Table 16. North America Market Volume (Tons) and Forecast by Country, 2023-2033
Table 17. North America Market Value (US$ million), By Application , 2018-2022
Table 18. North America Market Value (US$ million) and Forecast By Application , 2023-2033
Table 19. North America Market Volume (Tons), By Application , 2018-2022
Table 20. North America Market Volume (Tons) and Forecast By Application , 2023-2033
Table 21. North America Market Value (US$ million), By End Use, 2018-2022
Table 22. North America Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 23. North America Market Volume (Tons), By End Use, 2018-2022
Table 24. North America Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 25. Latin America Market Value (US$ million), by Country, 2018-2022
Table 26. Latin America Market Value (US$ million) and Forecast by Country, 2023-2033
Table 27. Latin America Market Volume (Tons), by Country, 2018-2022
Table 28. Latin America Market Volume (Tons) and Forecast by Country, 2023-2033
Table 29. Latin America Market Value (US$ million), By Application , 2018-2022
Table 30. Latin America Market Value (US$ million) and Forecast By Application , 2023-2033
Table 31. Latin America Market Volume (Tons), By Application , 2018-2022
Table 32. Latin America Market Volume (Tons) and Forecast By Application , 2023-2033
Table 33. Latin America Market Value (US$ million), By End Use, 2018-2022
Table 34. Latin America Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 35. Latin America Market Volume (Tons), By End Use, 2018-2022
Table 36. Latin America Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 37. East Asia Market Value (US$ million), by Country, 2018-2022
Table 38. East Asia Market Value (US$ million) and Forecast by Country, 2023-2033
Table 39. East Asia Market Volume (Tons), by Country, 2018-2022
Table 40. East Asia Market Volume (Tons) and Forecast by Country, 2023-2033
Table 41. East Asia Market Value (US$ million), By Application , 2018-2022
Table 42. East Asia Market Value (US$ million) and Forecast By Application , 2023-2033
Table 43. East Asia Market Volume (Tons), By Application , 2018-2022
Table 44. East Asia Market Volume (Tons) and Forecast By Application , 2023-2033
Table 45. East Asia Market Value (US$ million), By End Use, 2018-2022
Table 46. East Asia Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 47. East Asia Market Volume (Tons), By End Use, 2018-2022
Table 48. East Asia Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 49. South Asia & Pacific Market Value (US$ million), by Country, 2018-2022
Table 50. South Asia & Pacific Market Value (US$ million) and Forecast by Country, 2023-2033
Table 51. South Asia & Pacific Market Volume (Tons), by Country, 2018-2022
Table 52. South Asia & Pacific Market Volume (Tons) and Forecast by Country, 2023-2033
Table 53. South Asia & Pacific Market Value (US$ million), By Application , 2018-2022
Table 54. South Asia & Pacific Market Value (US$ million) and Forecast By Application , 2023-2033
Table 55. South Asia & Pacific Market Volume (Tons), By Application , 2018-2022
Table 56. South Asia & Pacific Market Volume (Tons) and Forecast By Application , 2023-2033
Table 57. South Asia & Pacific Market Value (US$ million), By End Use, 2018-2022
Table 58. South Asia & Pacific Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 59. South Asia & Pacific Market Volume (Tons), By End Use, 2018-2022
Table 60. South Asia & Pacific Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 61. Western Europe Market Value (US$ million), by Country, 2018-2022
Table 62. Western Europe Market Value (US$ million) and Forecast by Country, 2023-2033
Table 63. Western Europe Market Volume (Tons), by Country, 2018-2022
Table 64. Western Europe Market Volume (Tons) and Forecast by Country, 2023-2033
Table 65. Western Europe Market Value (US$ million), By Application , 2018-2022
Table 66. Western Europe Market Value (US$ million) and Forecast By Application , 2023-2033
Table 67. Western Europe Market Volume (Tons), By Application , 2018-2022
Table 68. Western Europe Market Volume (Tons) and Forecast By Application , 2023-2033
Table 69. Western Europe Market Value (US$ million), By End Use, 2018-2022
Table 70. Western Europe Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 71. Western Europe Market Volume (Tons), By End Use, 2018-2022
Table 72. Western Europe Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 73. Eastern Europe Market Value (US$ million), by Country, 2018-2022
Table 74. Eastern Europe Market Value (US$ million) and Forecast by Country, 2023-2033
Table 75. Eastern Europe Market Volume (Tons), by Country, 2018-2022
Table 76. Eastern Europe Market Volume (Tons) and Forecast by Country, 2023-2033
Table 77. Eastern Europe Market Value (US$ million), By Application , 2018-2022
Table 78. Eastern Europe Market Value (US$ million) and Forecast By Application , 2023-2033
Table 79. Eastern Europe Market Volume (Tons), By Application , 2018-2022
Table 80. Eastern Europe Market Volume (Tons) and Forecast By Application , 2023-2033
Table 81. Eastern Europe Market Value (US$ million), By End Use, 2018-2022
Table 82. Eastern Europe Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 83. Eastern Europe Market Volume (Tons), By End Use, 2018-2022
Table 84. Eastern Europe Market Volume (Tons) and Forecast By End Use, 2023-2033
Table 85. MEA Market Value (US$ million), by Country, 2018-2022
Table 86. MEA Market Value (US$ million) and Forecast by Country, 2023-2033
Table 87. MEA Market Volume (Tons), by Country, 2018-2022
Table 88. MEA Market Volume (Tons) and Forecast by Country, 2023-2033
Table 89. MEA Market Value (US$ million), By Application , 2018-2022
Table 90. MEA Market Value (US$ million) and Forecast By Application , 2023-2033
Table 91. MEA Market Volume (Tons), By Application , 2018-2022
Table 92. MEA Market Volume (Tons) and Forecast By Application , 2023-2033
Table 93. MEA Market Value (US$ million), By End Use, 2018-2022
Table 94. MEA Market Value (US$ million) and Forecast By End Use, 2023-2033
Table 95. MEA Market Volume (Tons), By End Use, 2018-2022
Table 96. MEA Market Volume (Tons) and Forecast By End Use, 2023-2033
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List Of Figures
Figure 01. Global Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 03. Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023-2033
Figure 05. Global Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 07. Global Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 09. North America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 10. North America Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 11. North America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 13. North America Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 15. North America Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 17. North America Market Attractiveness Analysis by Country, 2023-2033
Figure 18. North America Market Attractiveness Analysis By Application , 2023-2033
Figure 19. North America Market Attractiveness Analysis By End Use, 2023-2033
Figure 20. Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 22. Latin America Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 24. Latin America Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 26. Latin America Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 28. Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 29. Latin America Market Attractiveness Analysis By Application , 2023-2033
Figure 30. Latin America Market Attractiveness Analysis By End Use, 2023-2033
Figure 31. East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 32. East Asia Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 33. East Asia Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 34. East Asia Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 35. East Asia Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 36. East Asia Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 37. East Asia Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 38. East Asia Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 39. East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 40. East Asia Market Attractiveness Analysis By Application , 2023-2033
Figure 41. East Asia Market Attractiveness Analysis By End Use, 2023-2033
Figure 42. South Asia & Pacific Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 43. South Asia & Pacific Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 44. South Asia & Pacific Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 45. South Asia & Pacific Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 46. South Asia & Pacific Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 47. South Asia & Pacific Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 48. South Asia & Pacific Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 49. South Asia & Pacific Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 50. South Asia & Pacific Market Attractiveness Analysis by Country, 2023-2033
Figure 51. South Asia & Pacific Market Attractiveness Analysis By Application , 2023-2033
Figure 52. South Asia & Pacific Market Attractiveness Analysis By End Use, 2023-2033
Figure 53. Western Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 54. Western Europe Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 55. Western Europe Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 56. Western Europe Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 57. Western Europe Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 58. Western Europe Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 59. Western Europe Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 60. Western Europe Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 61. Western Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 62. Western Europe Market Attractiveness Analysis By Application , 2023-2033
Figure 63. Western Europe Market Attractiveness Analysis By End Use, 2023-2033
Figure 64. Eastern Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 65. Eastern Europe Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 66. Eastern Europe Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 67. Eastern Europe Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 68. Eastern Europe Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 69. Eastern Europe Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 70. Eastern Europe Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 71. Eastern Europe Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 72. Eastern Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 73. Eastern Europe Market Attractiveness Analysis By Application , 2023-2033
Figure 74. Eastern Europe Market Attractiveness Analysis By End Use, 2023-2033
Figure 75. MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023-2033
Figure 76. MEA Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 77. MEA Market Value (US$ million) and Volume (Tons) by Country, 2023 & 2033
Figure 78. MEA Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 79. MEA Market Value (US$ million) and Volume (Tons) By Application , 2023 & 2033
Figure 80. MEA Market Y-o-Y Growth Rate By Application , 2023-2033
Figure 81. MEA Market Value (US$ million) and Volume (Tons) By End Use, 2023 & 2033
Figure 82. MEA Market Y-o-Y Growth Rate By End Use, 2023-2033
Figure 83. MEA Market Attractiveness Analysis by Country, 2023-2033
Figure 84. MEA Market Attractiveness Analysis By Application , 2023-2033
Figure 85. MEA Market Attractiveness Analysis By End Use, 2023-2033
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- FAQs -
What was the size of the chromium carbide market in 2022?
The global chromium carbide market was valued at US$ 36.5 million in 2022.
At what rate did the sales of chromium carbide rise from 2018 to 2022?
Sales of chromium carbide increased at 4.7% CAGR from 2018 to 2022.
What is the projected valuation of the market by 2033?
The market for chromium carbide is projected to reach US$ 73 million by the end of 2033.
What is the growth projection for the mining segment through 2033?
The mining application segment is projected to advance at 6.1% CAGR through 2033.
What is the estimated valuation of the market in China by 2033-end?
The forecasted valuation of the market in China is US$ 5.8 million for 2033.
Chromium Carbide Market