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© 2016 Global Market Insights. All Rights Reserved Chromium Phosphate Market ( ): Global Market Insights Global chromium phosphate.

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Presentation on theme: "© 2016 Global Market Insights. All Rights Reserved Chromium Phosphate Market ( ): Global Market Insights Global chromium phosphate."— Presentation transcript:

1 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Chromium Phosphate Market (2017-2024): Global Market Insights Global chromium phosphate market share is highly organized with various manufacturers catering to the industry. Key manufacturing companies operating in the industry include Chemos, Sigma Aldrich, Covestro, American Elements, Brenntag, Service Chemical, and Oxkem.

2 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Chromium Phosphate Market size may witness significant gains as it is mainly used in paints & coatings industry for corrosion and architectural protection and medical sector. It is also known as orthophosphate of chromium salt or phosphoric acid which is insoluble in water. It is used as an additive in anti-corrosive pigments, drugs, polymer, and catalysts manufacture. Key raw materials used for the manufacturing process includes ethanol, ammonium dichromate, orthophosphoric acid, and chromium trioxide. It is highly toxic in nature and if exposed directly may cause respiratory, eye and skin irritation. Chromium phosphate has wide application usage in polymer industry as is used as laminated structure to dampen motor noise and vibration. Global Market Scenario of Chromium Phosphate

3 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Product Analysis:- Increase in application scope in architectural coatings may drive chromium phosphate market size. The industry is mainly driven by rise in developments of construction sector along with exotic coatings demand. Rise in environmental awareness has led to product innovations to provide quality products in coating industry which are high quality, and affordable. Architectural coatings are widely used in wall paintings, sculptures, furniture, and wood flooring. Increase in environmental concerns and health hazards has led to rise in strict regulations by EPA, thereby driving industry growth. Strict government guidelines by REACH has led to the development of water based and eco-friendly architectural coatings. Regional Trends:- North America, driven by the U.S. chromium phosphate market size may witness significant gains over the forecast period. Strong application outlook in medical devices along with stringent government regulations should drive regional industry growth. Increase in use of anti- corrosion and surface coating may fuel product demand. Europe chromium phosphate market size, driven by U.K, France, Italy, and Germany, may witness steady gains owing to increase in paints & coatings industry.

4 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Competitive Trends: Global chromium phosphate market share is highly organized with various manufacturers catering to the industry. Key manufacturing companies operating in the industry include Chemos, Sigma Aldrich, Covestro, American Elements, Brenntag, Service Chemical, and Oxkem.

5 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Chromium Phosphate Market @ http://bit.ly/2s04UlI Request for a Table of Content(toc) for this Research report @ http://bit.ly/2s9PDNZ http://bit.ly/2s9PDNZ

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