Sodium Dichromate Market is expected to grow at a CAGR of 4.6% during the forecast period. Global Sodium Dichromate Market is expected to reach US$ 1.40 Bn by 2029.
Sodium Dichromate Market Overview
The study covers the Sodium Dichromate Market 's most recent revenue and market trends. It includes Sodium Dichromate Market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Sodium Dichromate Market . It also aids in determining the future potential of the Sodium Dichromate Market in the forecast years.
Both solution and crystalline versions of sodium dichromate are offered for sale. It is an intense orange colour, and its molecular weight is 298 g/mol. It is sometimes referred to as dihydrate of sodium bichromate. The substance has the chemical formula Na2Cr2O7 2H2O. It is very soluble in water. The sodium dichromate market is primarily being driven by a number of reasons, including rising demand for the chemical in the production of coloured glasses and ceramic glazes, rising use in pigment applications, and rising use as a colour moderator in the paint and dye sector.
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Report Scope and Research Methodology
Global Sodium Dichromate Market report published by Maximize Market Research is a combination of thorough primary and secondary research. The qualitative and quantitative data in the report are expected to assist decision-makers in determining which Sodium Dichromate Market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. Maximize Market Research's report on the Sodium Dichromate Market includes a PESTLE analysis, which provides information on the development of company strategies. Political variables can help you figure out how much a government can influence the Sodium Dichromate Market . Economic variables aid in the analysis of economic performance drivers that have an impact on the Sodium Dichromate Market .
Understanding the impact of the surrounding environment and the influence of environmental concerns on the Sodium Dichromate Market is aided by legal factors. The report throws light on the competitive scenario of the global Sodium Dichromate Market to know the competition at both the domestic and global levels. It covers all the key aspects such as areas of operation, production, and product portfolio. Additionally, Sodium Dichromate Market players listed in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
Regional Insights
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Sodium Dichromate Market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Sodium Dichromate Market Segmentation
The global sodium dichromate market is divided into regions and applications. The pigment industry accounted for the largest market share by application in 2021, and it is anticipated that it will continue to rule during the forecast period. In the production of paints, printing inks, paper colours, and other pigments, sodium chromium compounds like zinc, calcium, strontium, or barium are added. Metal finishing and leather tanning come after pigment application.
Geographically, APAC had the largest market share in 2021 and is anticipated to maintain this position of strength during the projected period. Over the projection period, the market will rise because to factors like rising disposable income, rapid industrialization, urbanisation, and the usage of more environmentally friendly products like wood and pigments. The country with the largest market share in both value and volume was China.
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Key Players
• Elementis plc (U.K)
• Soda Sanayii (Turkey)
• Lanxess (Germany)
• Nippon Chemi-Con Corporation (Japan)
• Yin He Holdings Limited (Hong Kong)
• Sichuan Chemical Group Co., Ltd (China)
• Vishnu Chemicals (India)
• Haining Peace Chemical Co., Ltd (China)
• ELEMENTIS CHROMIUM, LP
• Gansu Qiyuan Chromate-Chemical Production Co., Limited (China)
• Tianjin Mingyang Chemical Industry Co., Ltd (China).
• Vishnu Chemicals
• Occidental Chemical Corporation (Oxychem-Castle Hayne Plant)
• Tianjin Bohai Chemical Industry Group
Key Questions answered in the Sodium Dichromate Market Report are:
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Mar 20, 2023