The global sodium dichromate market is projected to be worth USD 1,242.4 Million by 2027, according to a current analysis by Emergen Research. The sodium dichromate market is observing high demand attributed to its growing demand from the textile industry. The application of sodium dichromate in chrome-based dyeing is of immense significance in textiles’ fiber dyeing procedures. The dyeing quality of the output textile fiber, regarding color fastness and aesthetics, cannot be achieved by any kind of dye available in the market. Apart from the color characteristics and good wet fastness, the chrome-based procedure results in economic and energy-saving benefits and environmental safety.
The latest market evaluation report on the sodium dichromate market explores how the sodium dichromate market will continue to expand for the forecast period 2020 - 2027. The study further serves as a unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on market size, share, and growth. The market intelligence report gives business evangelists an authority to review the major trends, opportunities, and challenges expected to shape the future of the industry during the estimated period. Importantly, the study not only helps spot the major vendors but also their winning strategies. The real-time data accumulated through qualitative and quantitative research technique further help business owners determine where they stand in comparison to their region, country, and product category.
Sodium dichromate is an essential chromium product that finds extensive usage in the production of chromium pigments and chromic acid deployed in corrosion control and leather tanning. Tanning animal hides to make leather comprises permanently modifying the hide protein structure, thereby improving its durability and making its less susceptible to disintegration, as well as dying.
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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.
Key participants include 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, and Xinjiang Sing Horn Group, among others.
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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
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Sodium Dichromate Market Definition
1.2. Sodium Dichromate Market Research Scope
1.3. Sodium Dichromate Market Methodology
1.4. Sodium Dichromate Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Sodium Dichromate Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Sodium Dichromate Market Segmentation & Impact Analysis
Continued…
