Chrome metal is mainly used to produce specialty alloys, nickel, and cobalt -based alloys (super alloys) where low iron is required. Due to their unique high temperature and corrosion resistance properties, these high performance alloys are used in the most critical environments, such as aeronautic, oil & gas production, land-based turbines, and petrochemical & chemical processing.
High performance standards in critical conditions and technological advancements in the chrome metal powder industry drive the growth of the market. However, the high cost of initial capital investment is expected to hamper the market growth. The recognition of chrome metallurgy as green technology and the demand for chrome metal powder in emerging economies are expected to provide tremendous growth opportunities for the chrome metal powder market.
The report is segmented on the basis of type, application, and geography. By type the market is divided into metal chromium powder and electrolytic chromium powder. By application the market is segmented into aerospace, electronics & welding material, and alloys. Geographically, the market has been segmented into North America, Europe, Asia-Pacific, and LAMEA.
The key players in the market have strategically focused on product launch as their key strategy to gain a significant market share. They key players are:
- AMG Advanced Metallurgical Group, N.V.
- Bell Group
- Delachaux Group
- Exo Tech
- Hascor International Group
- Industrial Metallurgical Holding
- Kohsei Co., Ltd.
- Loudishi Dajin Xincailiao
- MidUral Group
- Tritrust Industrial Co., Ltd.
- This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the chrome metal powder market.
- In-depth analysis of the chrome metal powder market estimations for key segments has been provided.
- Competitive intelligence (of leading manufacturers and distributors of chrome metal powder) assists in understanding the competitive scenario globally.
- Comprehensive analysis of factors that drive and restrain the growth of the global chrome metal powder market has been provided.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- Key market players have been profiled and their strategies are analyzed, which provide a competitive outlook of the market.
Chrome Metal Powder Market Key Segments:
- Metal Chromium Powder
- Electrolytic Chromium Powder
- Oil & Gas
- Electronics and Welding Material
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA