Allied Market Research

Chrome Metal Powder Market and Its Future Outlook During the Period of 2017 – 2023

Chrome Metal Powder Market Size is Set to Grow at a Remarkable Pace in the Coming Years. Demand for chrome metal powder in emerging economies are expected to provide tremendous growth opportunities for the chrome metal powder market.

 

Portland, OR -- (SBWIRE) -- 09/04/2017 -- Chrome metal is mainly used to produce specialty alloys, nickel, and cobalt -based alloys (super alloys) where low iron is required. Due to their unique high temperature and corrosion resistance properties, these high performance alloys are used in the most critical environments, such as aeronautic, oil & gas production, land-based turbines, and petrochemical & chemical processing.

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High performance standards in critical conditions and technological advancements in the chrome metal powder industry drive the growth of the market. However, the high cost of initial capital investment is expected to hamper the market growth. The recognition of chrome metallurgy as green technology and the demand for chrome metal powder in emerging economies are expected to provide tremendous growth opportunities for the chrome metal powder market.

The key players in the market have strategically focused on product launch as their key strategy to gain a significant market share. They key players are:
- AMG Advanced Metallurgical Group, N.V.
- Bell Group
- Delachaux Group
- Exo Tech
- Hascor International Group
- Industrial Metallurgical Holding
- Kohsei Co., Ltd.
- Loudishi Dajin Xincailiao
- MidUral Group
- Tritrust Industrial Co., Ltd.

Chrome Metal Powder Market Key Segments:
By Type
- Metal Chromium Powder
- Electrolytic Chromium Powder

By Application
- Aerospace
- Oil & Gas
- Electronics and Welding Material
- Alloy

By Geography
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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