Title: Outlook of Chromium Phosphate Market status and development trends reviewed in new report
1Chromium Phosphate Market -Trends, Industry
Outlook Forecast 2017-2024
2Global Market Scenario of Chromium Phosphate
Industry
- 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. In
addition, it is used as catalysts in the
dehydration of alcohols to ethers.
3 Continue
- 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. - Reasons to Buy This Report
- 1. Chromium Phosphate Market size share
forecast by product application 2017-2024 - 2. Growth drivers, pitfalls industry challenges
- 3. Key Chromium Phosphate Market growth
opportunities emerging business models - 4. Competitive benchmarking with market share
analysis and company profiles - 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. - Rise in corrosion inhibitors sector may have a
positive impact over the foreseeable period.
Chromium phosphate based coatings provide
excellent corrosion protection on aluminium and
provides adhesion.
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Research Methodology
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6Regional Insights
- Asia Pacific, led by Japan, India, and China
chromium phosphate market size may witness
significant gains over the forecast timeframe.
Positive indicator in construction sector on
account of rise in architectural coatings demand
may drive regional growth. Rapid
industrialization mainly in India and China along
with rise in government spending should stimulate
industry growth. - Competetor analysis
- Competitive 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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