Global Chromic Acid Market Growth 2025-2031

The global Chromic Acid market size is predicted to grow from US$ 1141 million in 2025 to US$ 1458 million in 2031; it is expected to grow at a CAGR of 4.2% from 2025 to 2031.

Chromic acid is a compound with the chemical formula H2CrO4. Chromic acid is also known as chromate formed by hexavalent chromium dissolved in water. Its molecular weight is 118.0 g/mol, melting point is 197°C, density is 1.201 g/cm3, and CAS number is 7738-94-5. Chromic acid is a red solid at room temperature and pressure, and its decomposition point is 250°C. Chromic acid solution of normal concentration is yellow-red, but at higher concentrations, it turns red or dark red and black.

Chromium trioxide is the anhydride of chromic acid and is an orange-red solid at room temperature. Since it can be precipitated by adding concentrated sulfuric acid to an aqueous solution of chromate or dichromate, it has long been called "chromic acid" in industry.

The global production capacity of chromic acid is mainly concentrated in countries and regions such as China, the United States and Europe. As a major manufacturing country in the world, China's chromic acid production capacity and output occupy an important position. In recent years, with technological progress and industrial upgrading, production efficiency and product quality have been continuously improved. The United States and Europe also occupy an important share in the global chromic acid market with their strong industrial foundation and advanced production technology.

In fact, the development trend of the domestic industry is also in line with the consistent development trend of the international market. The competition and integration trend of the international chromic acid industry has become more prominent, and a market pattern has gradually formed in which only one dominant chromium salt enterprise remains in a certain region. China has become the world's largest producer and consumer of chromic acid, contributing 47% of the world's chromic acid production. With the continuous improvement of production capacity, the influence of domestic chromic acid enterprises in the world market will gradually expand in the future.

From the perspective of product market application, metal processing is one of the main application areas of chromic acid, especially in pickling, electroplating and anodizing. There is a large demand for chromic acid in this field because the metal processing industry has a wide and continuous need for surface treatment chemicals. Organic synthesis, as a core field of the chemical industry, involves organic compounds such as synthetic drugs, pesticides, plastics, and synthetic fibers, and there is also a large demand for chromic acid. Chromic acid has a long history of use in dye and pigment manufacturing, and although environmental regulations may limit certain applications, it remains an important chemical in this field. In addition, chromic acid also plays a role in wood treatment, ceramic and glass industries, aerospace, catalysts and other fields. The demand for chromic acid in these fields is relatively small, but it is very important in specific applications. For example, material surface treatment in the aviation and aerospace industries, coloring in the ceramic and glass industries, and applications as catalysts or catalyst precursors.

At present, major global manufacturers include Zhenhua Chemical, Sisecam, Galaxy Chemical, American Chrome & Chemicals, Brothers Technology, Vishnu Chemicals, Novotroitsk Plant of Chromium Compounds, etc. In 2023, the share of major manufacturers will exceed 74%, and the oligopoly pattern will begin to emerge. The increase in industry concentration will enable leading companies to enjoy greater dominance and pricing power. Combined with the steady growth in demand in downstream surface treatment, pigments, new materials and other fields, the turning point of the prosperity of the chromic acid industry under the improvement of the supply and demand pattern is approaching.

LP Information, Inc. (LPI) ' newest research report, the “Chromic Acid Industry Forecast” looks at past sales and reviews total world Chromic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Chromic Acid sales for 2025 through 2031. With Chromic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chromic Acid industry.

This Insight Report provides a comprehensive analysis of the global Chromic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chromic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Chromic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chromic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chromic Acid.

This report presents a comprehensive overview, market shares, and growth opportunities of Chromic Acid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Superior Grade
First Grade
Qualified Grade

Segmentation by Application:
Metal Processing
Organic Synthesis
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hubei Zhenhua Chemical
Sisecam
Sichuan YinHe Chemical
American Chrome & Chemicals
Brother Enterprises Holding
Vishnu Chemicals
Novotroitsk Plant of Chromium Compounds
Plating International

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chromic Acid market?

What factors are driving Chromic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chromic Acid market opportunities vary by end market size?

How does Chromic Acid break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.


*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Chromic Acid by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Chromic Acid by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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