PPT for Chromium Phosphate Market Analysis, 2017 - 2024

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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.
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Global Market Scenario of Chromium Phosphate

• 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.

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• 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.

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• 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.

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