Chromium Phosphate Market to Grow by USD 37.32 Mn from 2022 to 2026, Driven by Growing Automotive Industry in APAC - Technavio

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Oct 09, 2022, 22:30 ET

NEW YORK, Oct. 9, 2022 /PRNewswire/ -- The "Chromium Phosphate Market by Application (Architectural purposes, Corrosion protection, Medical, and Others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the industrial planetary mixers market between 2021 and 2026 is USD 37.32 million. 47% of the market's growth will originate from APAC during the forecast period. To get the exact yearly growth variance and the Y-O-Y growth rate, Download Sample Report.

Technavio has announced its latest market research report titled Global Chromium Phosphate Market 2022-2026

Chromium Phosphate Market Segmentation

Application

Architectural purposes
Corrosion protection
Medical
Others

Geography

APAC
Europe
North America
South America
The Middle East and Africa

APAC will account for 47% of market growth. The chromium phosphate market in APAC is primarily dominated by China, Japan, and India. This region's market will expand more quickly than those in other areas. The growing production of automobiles and related components will facilitate the chromium phosphate market growth in APAC over the forecast period. To know about additional segments. Buy our Sample Report.

Chromium Phosphate Market Vendors

American Elements
BASF SE
CHEMOS GmbH and Co. KG
Merck KGaA
Nippon Chemical Industrial Co. Ltd.
Oxkem Ltd
Shanghai Danfan Network Science and Technology Co Ltd

Product Insights and News

American Elements - Under the segment, the company operates offers Yard signs and window decals, Motion detectors, Digital panels, Entryway contacts, and more.
CHEMOS GmbH and Co. KG - The company offers home security cameras namely Arlo Pro 3 Floodlight Camera, doorbell cameras, and Arlo security cameras.
Oxkem Ltd. - The company offers home security cameras named Next Gen wireless camera with LED lights, wireless camera that detects motions, AI-based solutions, and Guard protection.

View our sample report for additional insights into vendor offerings.

Key Market Dynamics:

Market Driver - The growing automotive industry in APAC is one of the key drivers supporting the chromium phosphate market growth. Factors such as rapid industrialization and rising disposable income have improved the standard of living and increased the demand for automobiles in APAC. Moreover, industrial chromium phosphate coatings offer superior weather resistance and enhance the appearance of automobiles. Therefore, the thriving automotive industry in APAC has accelerated the consumption of chromium phosphate-induced industrial coatings and rendered the region a leading geographical segment in the market.
Market Challenges - The increasing stringency of regulations related to chromium phosphate-based coating is one of the factors impeding the chromium phosphate market growth. Chromium phosphate is considered a volatile chemical that is hazardous to the environment. In the last few years, the Occupational Safety and Health Administration (OSHA) has improvised regulations regarding the use of solvent-based coatings. These regulations are related to VOC and HAP emissions, storage and flammability concerns, and employee health. Compliance with these regulations has increased the costs associated with the purchase and use of solvent-based industrial coatings posing a serious challenge to the growth of the market during the forecast period.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!

Specialty Chemicals Market By End-user and Geography – Forecast and Analysis 2022-2026

Chromium Phosphate Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.1%
Market growth 2022-2026	USD 37.32 million
Market structure	Fragmented
YoY growth (%)	6.0
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 47%
Key consumer countries	US, China, Japan, India, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	American Elements, BASF SE, CHEMOS GmbH and Co. KG, Merck KGaA, Nippon Chemical Industrial Co. Ltd., Oxkem Ltd, and Shanghai Danfan Network Science and Technology Co Ltd
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market Definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 Architectural purposes - Market size and forecast 2021-2026

Exhibit 28: Chart on Architectural purposes - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Architectural purposes - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Architectural purposes - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Architectural purposes - Year-over-year growth 2021-2026 (%)

5.4 Corrosion protection - Market size and forecast 2021-2026

Exhibit 32: Chart on Corrosion protection - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Corrosion protection - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Corrosion protection - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Corrosion protection - Year-over-year growth 2021-2026 (%)

5.5 Medical - Market size and forecast 2021-2026

Exhibit 36: Chart on Medical - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Medical - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Medical - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Medical - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Application

Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 North America - Market size and forecast 2021-2026

Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 India - Market size and forecast 2021-2026

Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

7.12 UK - Market size and forecast 2021-2026

Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 American Elements

Exhibit 97: American Elements - Overview
Exhibit 98: American Elements - Product / Service
Exhibit 99: American Elements - Key offerings

10.4 BASF SE

Exhibit 100: BASF SE - Overview
Exhibit 101: BASF SE - Business segments
Exhibit 102: BASF SE - Key news
Exhibit 103: BASF SE - Key offerings
Exhibit 104: BASF SE - Segment focus

10.5 CHEMOS GmbH and Co. KG

Exhibit 105: CHEMOS GmbH and Co. KG - Overview
Exhibit 106: CHEMOS GmbH and Co. KG - Product / Service
Exhibit 107: CHEMOS GmbH and Co. KG - Key offerings

10.6 Merck KGaA

Exhibit 108: Merck KGaA - Overview
Exhibit 109: Merck KGaA - Business segments
Exhibit 110: Merck KGaA - Key news
Exhibit 111: Merck KGaA - Key offerings
Exhibit 112: Merck KGaA - Segment focus

10.7 Nippon Chemical Industrial Co. Ltd.

Exhibit 113: Nippon Chemical Industrial Co. Ltd. - Overview
Exhibit 114: Nippon Chemical Industrial Co. Ltd. - Product / Service
Exhibit 115: Nippon Chemical Industrial Co. Ltd. - Key offerings

10.8 Oxkem Ltd

Exhibit 116: Oxkem Ltd - Overview
Exhibit 117: Oxkem Ltd - Product / Service
Exhibit 118: Oxkem Ltd - Key offerings

10.9 Shanghai Danfan Network Science and Technology Co Ltd

Exhibit 119: Shanghai Danfan Network Science and Technology Co Ltd - Overview
Exhibit 120: Shanghai Danfan Network Science and Technology Co Ltd - Product / Service
Exhibit 121: Shanghai Danfan Network Science and Technology Co Ltd - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 122: Inclusions checklist
Exhibit 123: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 124: Currency conversion rates for US$

11.4 Research methodology

Exhibit 125: Research methodology
Exhibit 126: Validation techniques employed for market sizing
Exhibit 127: Information sources

11.5 List of abbreviations

Exhibit 128: List of abbreviations

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