Chromium Chloride Market

By Type;

Anhydrous Chromium Chloride, Chromium (III) Chloride Hexahydrate and Chromium (III) Chloride Trihydrate

By Application;

Dyes & Pigments, Leather Tanning, Catalysts, Chemical Manufacturing and Pharmaceuticals

By End User Industry;

Textiles, Automotive, Construction, Food & Beverage and Electronics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn435464725 Published Date: September, 2025 Updated Date: October, 2025

Chromium Chloride Market Overview

Chromium Chloride Market (USD Million)

Chromium Chloride Market was valued at USD 531.90 million in the year 2024. The size of this market is expected to increase to USD 911.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.


Chromium Chloride Market

*Market size in USD million

CAGR 8.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.0 %
Market Size (2024)USD 531.90 Million
Market Size (2031)USD 911.58 Million
Market ConcentrationMedium
Report Pages313
531.90
2024
911.58
2031

Major Players

  • OXKEM
  • American Elements
  • Mil-Spec Industries Corporation
  • Sentury Reagents
  • Seidler Chemical Company
  • GFS Chemical
  • Angene Chemical
  • All-Chemie Ltd
  • Materion Corporation
  • Certified Nutraceuticals Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chromium Chloride Market

Fragmented - Highly competitive market without dominant players



The Chromium Chloride Market is expanding steadily, driven by its vital role in pigments, catalysts, and electroplating applications. Around 38% of its consumption comes from metal finishing, making it a core material in industrial coatings. Its versatile nature and strong binding properties are supporting its growing adoption across multiple industries.

Key Drivers of Growth
The demand for protective coatings and corrosion-resistant solutions is accelerating market momentum. Close to 42% of chemical manufacturers rely on chromium chloride as a precursor for advanced formulations. The rise of specialty pigments in paints and coatings is further boosting its utilization, strengthening its presence across diverse sectors.

Technological Advancements
Progress in eco-friendly synthesis techniques is reshaping the market. Nearly 33% of producers have adopted improved purification systems to achieve higher quality standards. These upgrades are enhancing safety, reducing environmental impact, and supporting the compound’s adoption in ceramics and catalytic processes.

Challenges Impacting the Market
Strict environmental guidelines present a barrier to expansion. Over 28% of companies are channeling resources into compliance frameworks to align with global safety norms. Additionally, the compound’s toxicological risks encourage industries to test alternative solutions, which may pose a restraint on long-term demand.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Chromium Chloride Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expansion of the Leather Tanning Industry
        2. Advancements in Electroplating
      2. Restraints
        1. Environmental Concerns
        2. Fluctuations in Chromium Ore Prices
      3. Opportunities
        1. Focus on Sustainable and Environmentally Friendly Production
        2. Research and Development of New Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Chromium Chloride Market, By Type, 2021 - 2031 (USD Million)
      1. Anhydrous Chromium Chloride
      2. Chromium (III) Chloride Hexahydrate
      3. Chromium (III) Chloride Trihydrate
    2. Chromium Chloride Market, By Application, 2021 - 2031 (USD Million)
      1. Dyes & Pigments
      2. Leather Tanning
      3. Catalysts
      4. Chemical Manufacturing
      5. Pharmaceuticals
    3. Chromium Chloride Market, By End User Industry, 2021 - 2031 (USD Million)
      1. Textiles
      2. Automotive
      3. Construction
      4. Food & Beverage
      5. Electronics
    4. Chromium Chloride Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. OXKEM
      2. American Elements
      3. Mil-Spec Industries Corporation
      4. Sentury Reagents
      5. Seidler Chemical Company
      6. GFS Chemical
      7. Angene Chemical
      8. All-Chemie Ltd
      9. Materion Corporation
      10. Certified Nutraceuticals Inc
  7. Analyst Views
  8. Future Outlook of the Market