Global Sodium Dichromate Market Forecast to 2027
A recent report by Emergen Research predicts that the global sodium dichromate market will be valued USD 1,242.4 million by 2027. Due to the rising demand for sodium dichromate from the textile sector, there is a significant demand on the market for it. In the fibre dyeing processes for textiles, the use of sodium dichromate in chrome-based dyeing is of enormous relevance. Any form of dye that is now on the market is unable to achieve the dyeing quality of the finished textile fibre in terms of colour fastness and aesthetics. The chrome-based process produces advantages in terms of energy and money savings as well as environmental safety in addition to colour qualities and good wet fastness.
This report on the Sodium Dichromate Market is the result of in-depth primary and secondary research, as well as qualitative and quantitative analysis of important market segments. The clever information is also endorsed and confirmed by industry professionals. The purpose of the research is to offer more information on the overall market environment for the Sodium Dichromate industry.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Sodium Dichromate market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Lanxess, Nippon Chemical Industrial Co. Ltd., Chongquing Minfeng Chemical Co. Ltd., Jinshi Chemical Industry Co. Ltd.,Elementis, Hebei Chromate Chemical Co. Ltd., American Elements, Sichuan Yinhe Chemical Co. Ltd., Soda Sanayii AS, Xinjiang Sing Horn Group
Research Report on the Sodium Dichromate Market Addresses the Following Key Questions:
- Who are the dominant players of the Sodium Dichromate market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Sodium Dichromate market?
- What are the key growth drivers and restraining factors of the Sodium Dichromate market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Sodium Dichromate market and its key segments?
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Some Key Highlights from the Report
- In August 2019, LANXESS, a firm engaged in the production and supply of specialty chemicals, entered into a definitive agreement with Brother Enterprises, a leather chemicals firm based in China, to divest chrome chemical business.
- Calcium-free roasting held a significant market share of sodium dichromate in 2019 as the energy consumption during calcium-free roasting is about 35.0% less compared to calcium roasting.
- Sodium dichromate is highly water-soluble. It is not only a better corrosion inhibitor but also a major intermediate chemical in the production of several chromium compounds.
- The growth of the sodium dichromate market in North America is attributed to the growth of the paper and textile industries. Also, increasing demand for wood preservatives in the building and construction sector is causative of the increased market demand.
Market Overview:
The report bifurcates the Sodium Dichromate market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Calcium Roasting
- Calcium-Free Roasting
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Metal Finishing
- Chromium Compounds Preparation
- Leather Tanning
- Pigment
- Wood Preservative
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Regional Landscape section of the Sodium Dichromate report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Sodium Dichromate market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Sodium Dichromate with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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