Chromium Salt Market

By Type;

Chromium Chloride, Chromium Nitrate, Chromium Sulphate, Chromic Acid and Others

By Application;

Wood Production, Metallurgy, Preservatives, Dyes & Pigments and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn065042735 Published Date: September, 2025 Updated Date: November, 2025

Chromium Salt Market Overview

Chromium Salt Market (USD Million)

Chromium Salt Market was valued at USD 4,765.43 million in the year 2024. The size of this market is expected to increase to USD 6,617.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


Chromium Salt Market

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 4,765.43 Million
Market Size (2031)USD 6,617.43 Million
Market ConcentrationHigh
Report Pages371
4,765.43
2024
6,617.43
2031

Major Players

  • Bayers AG
  • American Elements
  • BASF SE
  • Ciba Speciality Chemicals
  • Chemetall GmbH
  • Oxykem

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chromium Salt Market

Fragmented - Highly competitive market without dominant players



The Chromium Salt Market is witnessing steady momentum, fueled by its widespread use in chemicals, metallurgy, and textiles. Approximately 42% of the market’s demand comes from tanning and pigment production. With broad functionality in dyes, catalysts, and electroplating, chromium salts remain essential to industrial operations, highlighting their expanding market relevance.

Rising Industrial Demand
Demand for chromium-based compounds has increased by nearly 38%, driven by their use in coatings, leather processing, and paints. Their role in improving durability, finish quality, and overall resistance makes them indispensable across industries. As manufacturers seek cost-effective and reliable inputs, chromium salts continue to gain preference in multiple applications.

Technological Advancements
New technological developments have increased efficiency in chromium extraction and reduced waste by more than 30%. Enhanced purification processes are delivering higher-quality and safer products, meeting growing industrial standards. These innovations are reshaping production by enabling cleaner and more consistent chromium salt supplies for critical applications.

Environmental and Regulatory Influence
Regulations targeting safer chemical production have led to a 25% adoption of eco-conscious manufacturing techniques. Chromium salts are now produced with greater focus on minimizing toxicity and improving sustainability. Compliance with these regulations ensures not only environmental safety but also strengthens market credibility for suppliers and manufacturers.

  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 Region
  4. Chromium Salt Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Emphasis on Infrastructure Development
        2. Rise in Demand for Durable Consumer Goods
      2. Restraints
        1. Fluctuations in Chromium Prices
        2. Availability of Substitutes
      3. Opportunities
        1. Focus on Sustainable Chromium Salt Production
        2. 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 Salt Market, By Type, 2021 - 2031 (USD Million)
      1. Chromium Chloride
      2. Chromium Nitrate
      3. Chromium Sulphate
      4. Chromic Acid
      5. Others
    2. Chromium Salt Market, By Application, 2021 - 2031 (USD Million)
      1. Wood Production
      2. Metallurgy
      3. Preservatives
      4. Dyes & Pigments
      5. Others
    3. Chromium Salt 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. BASF SE
      2. Bayer AG
      3. American Elements
      4. Ciba Specialty Chemicals
      5. Chemetall GmbH
      6. Oxykem
      7. Lanxess AG
      8. Elementis plc
      9. Sun Chemicals
      10. Hunter Chemical LLC
      11. MidUral Group
      12. NPCS Group
      13. Aktyubinsk Chromium Chemicals Plant
      14. Haining Peace Chemical Co., Ltd.
      15. Sisco Research Laboratories Pvt. Ltd. (SRL)
  7. Analyst Views
  8. Future Outlook of the Market