Transparency Market Research Report Added "Chromium Market" to its database.

Albany, NY -- (SBWire) -- 01/12/2015 --Chromium is a lustrous steel-colored brittle but hard chemical. It exhibits high gloss, high melting point, excellent resistance to corrosion and is highly resistant to tarnishing. Chromium can combine with other metals to form a number of metal compounds. For instance, ferrochromium and chromium metal are produced by the aluminothermic or silicothermic reactions. Chromium is used in a wide range of applications including metallurgy, dye and pigment, wood preservation, tanning, refractory material, catalysts and magnets among others. Majority of chromium is converted into ferrochromium alloys, due to its high demand in stainless steel and alloy industries.

Browse Full Report with TOC:
http://www.transparencymarketresearch.com/chromium-market.html

Rapid industrialization in emerging economies such as China, Brazil and India is expected to be one of the primary factors driving the demand for chromium in various industrial activities and processes over the next few years. In addition, the growing demand for stainless steel in various applications such as household goods, consumer goods and electronics due to its light weight, glossy luster and high resistance to corrosion, is expected to augment the demand for chromium over the next six years. However, the fluctuating cost of chromium and the increasing costs of mining are expected to hamper the growth of the market. Rising demand for chromium in BRICS is expected to open new opportunities for the growth of the market in the near future.

Read More Report on Chemical & Materials Market:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html

South Africa, Kazakhstan and India are the leading producers of chromium and supply over three fourth of the world's demand. Rising industrial activities in Asia Pacific is expected to drive the demand for chromium in this region and is expected to be the fastest growing market in the forecast period. Other developing regions such as South America and Africa are expected to witness a substantial growth in the chromium market over the next few years.

Some of the key participants of the global chromium market include Norilsk Nickel, Cia De Ferro Ligas Da Bahia, Aquarius Platinum, African Rainbow Minerals, Assore, Lonmin, Anglo American Platinum, Merafe Resources and GlencoreXstrata among others.

Enquiry Before Buying:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2316

About Transparency Market Research
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

Contact:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: 518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

Browse Market Research Blogs:
https://marketsresearchindustry.wordpress.com/
http://chemicalmaterialresearchreports.blogspot.in/