Chromium Trioxide Market

By Purity;

Purity 99.7%, Purity 99.8%, and Purity 99.9%

By Form;

Powder Form and Granular Form

By Application;

Printing & Dyeing Industry, Electroplating Industry, Wood Preservation, and Other

By End-User Industry;

Aerospace and Automotive

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn338660493 Published Date: August, 2025 Updated Date: September, 2025

Chromium Trioxide Market Overview

Chromium Trioxide Market (USD Million)

Chromium Trioxide Market was valued at USD 621.99 million in the year 2024. The size of this market is expected to increase to USD 680.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.3%.


Chromium Trioxide Market

*Market size in USD million

CAGR 1.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.3 %
Market Size (2024)USD 621.99 Million
Market Size (2031)USD 680.85 Million
Market ConcentrationHigh
Report Pages345
621.99
2024
680.85
2031

Major Players

  • Lanxess
  • Soda Sanayii
  • Elementis
  • Hunter Chemical LLC
  • Aktyubinsk, MidUral Group
  • NPCC
  • Vishnu
  • Nippon Chem
  • Zhenhua Chemical
  • Yinhe Chemical
  • Chongqing Minfeng Chemical
  • Haining Peace Chemical
  • Zhonglan Yima Chemical

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Chromium Trioxide Market

Fragmented - Highly competitive market without dominant players



The Chromium Trioxide Market is experiencing significant momentum due to its widespread use in electroplating, metal finishing, and wood preservation. Approximately 45% of industrial demand is driven by applications requiring strong corrosion resistance and surface protection. Its role as a critical intermediate in producing chromium-based compounds further elevates its market relevance across chemical and manufacturing sectors.

Growing Industrial Demand
Rising emphasis on durability and wear resistance has spurred adoption in automotive and aerospace industries. Nearly 38% of consumption stems from electroplating processes, where the compound enhances hardness and surface quality. With expanding industrial output, chromium trioxide continues to be recognized as a key material supporting advancements in heavy machinery and engineering components.

Technological Advancements
The integration of advanced coating technologies has strengthened the value of chromium trioxide in precision industries. Around 32% of manufacturers are shifting towards high-performance coatings using this compound, optimizing product longevity and operational efficiency. Such innovations are aligning the market with rising demand for performance-driven and eco-conscious solutions.

Regulatory and Safety Dynamics
Despite its industrial significance, chromium trioxide is a regulated substance due to environmental and health risks. Close to 27% of industry investments are directed toward compliance, waste management, and worker safety measures. These initiatives underline the sector’s efforts to balance utility with sustainability while adhering to stringent industrial safety norms.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Purity
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Chromium Trioxide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Metal Finishing and Electroplating
        2. Growing Industrialization
      2. Restraints
        1. Environmental Concerns
        2. Fluctuating Raw Material Prices
      3. Opportunities
        1. Technological Advancements
        2. Recycling and Recovery
    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 Trioxide Market, By Purity, 2021 - 2031 (USD Million)
      1. Purity 99.7%
      2. Purity 99.8%
      3. Purity 99.9%
    2. Chromium Trioxide Market, By Form, 2021 - 2031 (USD Million)

      1. Powder Form

      2. Granular Form

    3. Chromium Trioxide Market, By Application, 2021 - 2031 (USD Million)
      1. Printing and Dyeing Industry
      2. Electroplating Industry
      3. Wood Preservation
      4. Other
    4. Chromium Trioxide Market, By End-User Industry, 2021 - 2031 (USD Million)

      1. Aerospace

      2. Automotive

    5. Chromium Trioxide 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. Elementis PLC
      2. Haining Peace Chemical Co., Ltd.
      3. Hunter Chemical, LLC
      4. MidUral Group
      5. Vishnu Chemicals
      6. Sichuan Yinhe (Yinhe) Chemical Co., Ltd.
      7. Hubei Zhenhua (Zhenhua Chemical)
      8. Chongqing Minfeng Chemical
      9. Nippon Chemical Industrial Co. (Nippon Chem)
      10. Lanxess AG (Lanxess)
      11. Oxkem Ltd
      12. Soda Sanayii A.S. (Soda Sanayii)
      13. Zhonglan Yima Chemical
      14. Aktyubinsk
      15. NPCC
  7. Analyst Views
  8. Future Outlook of the Market