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Chromium Carbide Market

Global Market Study on Chromium Carbide: Expanding Application Base in Various Sectors to Augur Well for the Market over 2018-2026

ID: PMRREP4417
Calendar

April 2018

152 Pages

Author : Swapnil Chavan

Chemicals and Materials
PreviewSegmentation

Introduction

There has been speedy growth in mining, construction, and the energy sectors such as power and oil and gas owing to the growing demand for fuel sources, metals, and housing and infrastructure requirements across geographies, especially in China and developing countries in the SEA & rest of Asia Pacific. This has been deciphering into higher demand for mining, power and oil and gas equipment as well as devices used in steel, cement, glass, pulp and paper and the construction industries.

This, in turn, has been causing a rise in the demand for chromium carbide overlay plates and other products which improve the equipment life and efficiency, thereby reducing maintenance costs and downtime of the equipment. Thereby, the mounting size of these core industry sectors has been proving to be instrumental to the growth of the chromium carbide market. Some important applications of overlay products include fan blades, shovel buckets, dragline buckets, hopper liners, dozer skins, loader buckets, housing liners, and spiral conveyors.

Mining and Energy Sectors to be the Leading End-users

The consumption in the mining industry comprises the employment of chromium carbide in chromium carbide overlay plates used in truck beds, dragline buckets, dozer blades, shovel buckets and excavator liners, and hoppers. Furthermore, cutting tools employing chromium carbide and tubular hard-facing electrodes with chromium carbide compositions are extensively used in the mining of coal, aluminum, minerals, and zinc ore.

There has been rapid growth in mining, construction and the energy sectors such as oil and gas and power owing to surging demand for metals, fuel sources and housing and infrastructure requirements across geographies, especially in developing regions such as China and the SEA and the rest of APAC countries.

This has been converting into advanced demand for mining, power and oil & gas equipment as well as equipment used in steel, cement, glass, pulp and paper and the construction industries. This, in turn, has been resulting in an increased demand for chromium carbide overlay plates and other products which enhance equipment life and efficiency, thereby reducing maintenance costs and downtime of the equipment.

Henceforward, the mounting size of these major industry sectors has been proving to be instrumental to the growth of the chromium carbide market. Some important applications of overlay products include fan blades, shovel buckets, dragline buckets, hopper liners, loader buckets, housing liners, dozer skins, and spiral conveyors.

chromium carbide market

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Steel Sector in China to Give the Market a Much Needed Boost

China is expected to remain on the vanguard in the consumption of both steel as well as chromium carbide, in the steel sector. The rapid development of the infrastructure and major industrial activities in the mining, energy, steel, and cement sectors in the country is anticipated to fuel demand for specific industrial equipment requiring chromium carbide as the raw material, and thereby drive chromium carbide market growth.

The production of chromium carbide overlay plates used in steel industry applications such as those in coke vibrating screen plates, fan blade, apart from cutting tool, blast furnace liners, machining tool and welding electrodes are the key end uses of chromium carbide in the steel industry.

Market Taxonomy

Attribute Details

By Application
  • Wear & Corrosion Resistant Coatings
  • Welding Electrodes
  • Cutting Tools

By Region
  • North America
  • Latin America and Middle East & Africa (LAMEA)
  • Europe
  • South East Asia & Asia Pacific (SEA & Pacific)
  • China
  • Japan
By End Use Industry
  • Mining
  • Energy
  • Cement
  • Steel
  • Pulp & Paper
  • Glass
  • Others
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Companies Covered in Chromium Carbide Market

  • OC Oerlikon Corporation AG, Pfäffikon
  • H.C. Starck GmbH
  • Praxair S.T. Technology, Inc.
  • Sigma-Aldrich Co. LLC.
  • Alfa Aesar
  • Strem Chemicals, Inc.
  • Changsha Langfeng Metallic Material Co.,Ltd.
  • Reade International Corp.
  • NewMet Ltd.
  • ESPICorp Inc.
  • Nanoshel LLC
  • LTS Research Laboratories, Inc.
  • American Elements
  • Inframat Corporation
  • ZhuZhou GuangYuan Cemented Material Co., Ltd
  • Others

Related Reports

1. Executive Summary

    1.1. Market Overview

    1.2. Market Analysis

    1.3. PMR Analysis and Recommendations

    1.4. Wheel of Fortune

2. Market Introduction

    2.1. Market Taxonomy

    2.2. Market Definition

    2.3. Supply Chain Overview

    2.4. Production Processes

3. Market Background

    3.1. Macro-Economic Factors

    3.2. Market Dynamics

        3.2.1. Drivers

        3.2.2. Restraints

        3.2.3. Trends

    3.3. Supply Chain Overview

4. Global Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    4.1. Market Overview

    4.2. Market Volume Projections

    4.3. Pricing Analysis, by Region

    4.4. Market Size Projections

        4.4.1. Y-o-Y Projections

        4.4.2. Absolute $ Opportunity Analysis

5. Global Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026, By Application

    5.1. Introduction

        5.1.1. Market Value Share Analysis By Application

        5.1.2. Y-o-Y Growth Analysis By Application

    5.2. Historical Market Size (US$ Mn) and Volume By Application, 2013-2017

    5.3. Market Size (US$ Mn) and Volume Opportunity Assessment By Application, 2018-2028

        5.3.1. Wear Resistant Coatings

        5.3.2. Welding Electrodes

        5.3.3. Cutting Tools

    5.4. Market Attractiveness Analysis By Application

6. Global Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026, By End Use Industry

    6.1. Introduction

        6.1.1. Market Value Share Analysis By End Use Industry

        6.1.2. Y-o-Y Growth Analysis By End Use Industry

    6.2. Historical Market Size (US$ Mn) and Volume By End Use Industry, 2013-2017

    6.3. Market Size (US$ Mn) and Volume Opportunity Assessment By End Use Industry, 2018-2028

        6.3.1. Mining

        6.3.2. Energy

        6.3.3. Cement

        6.3.4. Steel

        6.3.5. Pulp & Paper

        6.3.6. Glass

        6.3.7. Others

    6.4. Market Attractiveness Analysis By End Use Industry

7. Global Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026, By Region

    7.1. Introduction

        7.1.1. Market Value Share Analysis By Region

        7.1.2. Y-o-Y Growth Analysis By Region

    7.2. Historical Market Size (US$ Mn) and Volume By Region, 2013-2017

    7.3. Market Size (US$ Mn) and Volume Opportunity Assessment By Region, 2018-2028

        7.3.1. North America

        7.3.2. Latin America and Middle East & Africa (LAMEA)

        7.3.3. Europe

        7.3.4. South East Asia (SEA) and Other APAC

        7.3.5. China

        7.3.6. Japan

    7.4. Market Attractiveness Analysis By Region

8. North America Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    8.1. Introduction

    8.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    8.3. Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        8.3.1. By Country

            8.3.1.1. U.S.

            8.3.1.2. Canada

        8.3.2. By Application

            8.3.2.1. Wear Resistant Coatings

            8.3.2.2. Welding Electrodes

            8.3.2.3. Cutting Tools

        8.3.3. By End Use Industry Industry

            8.3.3.1. Mining

            8.3.3.2. Energy

            8.3.3.3. Cement

            8.3.3.4. Steel

            8.3.3.5. Pulp & Paper

            8.3.3.6. Glass

            8.3.3.7. Others

    8.4. Market Attractiveness Analysis

        8.4.1. By Country

        8.4.2. By Application

        8.4.3. By End Use Industry Industry

9. Latin America and Middle East & Africa (LAMEA) Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    9.1. Introduction

    9.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    9.3. Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        9.3.1. By Country

            9.3.1.1. Latin America

            9.3.1.2. Middle East & Africa

        9.3.2. By Application

            9.3.2.1. Wear Resistant Coatings

            9.3.2.2. Welding Electrodes

            9.3.2.3. Cutting Tools

        9.3.3. By End Use Industry

            9.3.3.1. Mining

            9.3.3.2. Energy

            9.3.3.3. Cement

            9.3.3.4. Steel

            9.3.3.5. Pulp & Paper

            9.3.3.6. Glass

            9.3.3.7. Others

    9.4. Market Attractiveness Analysis

        9.4.1. By Country

        9.4.2. By Application

        9.4.3. By End Use Industry

10. Europe Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    10.1.Introduction

    10.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    10.3.Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        10.3.1. By Country

            10.3.1.1. Germany

            10.3.1.2. France

            10.3.1.3. United Kingdom

            10.3.1.4. Italy

            10.3.1.5. Spain

            10.3.1.6. Russia

            10.3.1.7. Rest of Europe

        10.3.2. By Application

            10.3.2.1. Wear Resistant Coatings

            10.3.2.2. Welding Electrodes

            10.3.2.3. Cutting Tools

        10.3.3. By End Use Industry

            10.3.3.1. Mining

            10.3.3.2. Energy

            10.3.3.3. Cement

            10.3.3.4. Steel

            10.3.3.5. Pulp & Paper

            10.3.3.6. Glass

            10.3.3.7. Others

    10.4.Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Application

        10.4.3. By End Use Industry

11. SEA & Other APAC Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    11.1.Introduction

    11.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    11.3.Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        11.3.1. By Country

            11.3.1.1. ASEAN

            11.3.1.2. India

            11.3.1.3. Rest of SEA & APAC

        11.3.2. By Application

            11.3.2.1. Wear Resistant Coatings

            11.3.2.2. Welding Electrodes

            11.3.2.3. Cutting Tools

        11.3.3. By End Use Industry

            11.3.3.1. Mining

            11.3.3.2. Energy

            11.3.3.3. Cement

            11.3.3.4. Steel

            11.3.3.5. Pulp & Paper

            11.3.3.6. Glass

            11.3.3.7. Others

    11.4.Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Application

        11.4.3. By End Use Industry

12. China Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    12.1.Introduction

    12.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    12.3.Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        12.3.1. By Application

            12.3.1.1. Wear Resistant Coatings

            12.3.1.2. Welding Electrodes

            12.3.1.3. Cutting Tools

        12.3.2. By End Use Industry

            12.3.2.1. Mining

            12.3.2.2. Energy

            12.3.2.3. Cement

            12.3.2.4. Steel

            12.3.2.5. Pulp & Paper

            12.3.2.6. Glass

            12.3.2.7. Others

    12.4.Market Attractiveness Analysis

        12.4.1. By Application

        12.4.2. By End Use Industry

13. Japan Chromium Carbide Market Analysis 2013-2017 and Forecast 2018-2026

    13.1.Introduction

    13.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013-2017

    13.3.Market Size (US$ Mn) and Volume Opportunity Assessment By Market Segments, 2018-2028

        13.3.1. By Application

            13.3.1.1. Wear Resistant Coatings

            13.3.1.2. Welding Electrodes

            13.3.1.3. Cutting Tools

        13.3.2. By End Use Industry

            13.3.2.1. Mining

            13.3.2.2. Energy

            13.3.2.3. Cement

            13.3.2.4. Steel

            13.3.2.5. Pulp & Paper

            13.3.2.6. Glass

            13.3.2.7. Others

    13.4.Market Attractiveness Analysis

        13.4.1. By Application

        13.4.2. By End Use Industry

14. Competition Landscape

    14.1.Competition Dashboard

    14.2.Market Structure

    14.3.Competition Intensity Mapping, By Region

    14.4.Competition Developments (Mergers, Acquisitions and Expansions)

    14.5.Competition Deep dive

        14.5.1. OC Oerlikon Corporation AG, Pfäffikon

            14.5.1.1. Overview

            14.5.1.2. Product Portfolio

            14.5.1.3. Production Footprint

            14.5.1.4. Sales Footprint

            14.5.1.5. Strategy Overview

                14.5.1.5.1. Marketing Strategy

                14.5.1.5.2. Product Strategy

                14.5.1.5.3. Channel Strategy

        14.5.2. H.C. Starck GmbH

            14.5.2.1. Overview

            14.5.2.2. Product Portfolio

            14.5.2.3. Production Footprint

            14.5.2.4. Sales Footprint

            14.5.2.5. Strategy Overview

                14.5.2.5.1. Marketing Strategy

                14.5.2.5.2. Product Strategy

                14.5.2.5.3. Channel Strategy

        14.5.3. Praxair S.T. Technology, Inc.

            14.5.3.1. Overview

            14.5.3.2. Product Portfolio

            14.5.3.3. Production Footprint

            14.5.3.4. Sales Footprint

            14.5.3.5. Strategy Overview

                14.5.3.5.1. Marketing Strategy

                14.5.3.5.2. Product Strategy

                14.5.3.5.3. Channel Strategy

        14.5.4. Sigma-Aldrich Co. LLC.

            14.5.4.1. Overview

            14.5.4.2. Product Portfolio

            14.5.4.3. Production Footprint

            14.5.4.4. Sales Footprint

            14.5.4.5. Strategy Overview

                14.5.4.5.1. Marketing Strategy

                14.5.4.5.2. Product Strategy

                14.5.4.5.3. Channel Strategy

        14.5.5. Alfa Aesar

            14.5.5.1. Overview

            14.5.5.2. Product Portfolio

            14.5.5.3. Production Footprint

            14.5.5.4. Sales Footprint

            14.5.5.5. Strategy Overview

                14.5.5.5.1. Marketing Strategy

                14.5.5.5.2. Product Strategy

                14.5.5.5.3. Channel Strategy

        14.5.6. Strem Chemicals, Inc.

            14.5.6.1. Overview

            14.5.6.2. Product Portfolio

            14.5.6.3. Production Footprint

            14.5.6.4. Sales Footprint

            14.5.6.5. Strategy Overview

                14.5.6.5.1. Marketing Strategy

                14.5.6.5.2. Product Strategy

                14.5.6.5.3. Channel Strategy

        14.5.7. Changsha Langfeng Metallic Material Co.,Ltd.

            14.5.7.1. Overview

            14.5.7.2. Product Portfolio

            14.5.7.3. Production Footprint

            14.5.7.4. Sales Footprint

            14.5.7.5. Strategy Overview

                14.5.7.5.1. Marketing Strategy

                14.5.7.5.2. Product Strategy

                14.5.7.5.3. Channel Strategy

        14.5.8. Reade International Corp.

            14.5.8.1. Overview

            14.5.8.2. Product Portfolio

            14.5.8.3. Production Footprint

            14.5.8.4. Sales Footprint

            14.5.8.5. Strategy Overview

                14.5.8.5.1. Marketing Strategy

                14.5.8.5.2. Product Strategy

                14.5.8.5.3. Channel Strategy

        14.5.9. NewMet Ltd.

            14.5.9.1. Overview

            14.5.9.2. Product Portfolio

            14.5.9.3. Production Footprint

            14.5.9.4. Sales Footprint

            14.5.9.5. Strategy Overview

                14.5.9.5.1. Marketing Strategy

                14.5.9.5.2. Product Strategy

                14.5.9.5.3. Channel Strategy

        14.5.10. ESPICorp Inc.

            14.5.10.1. Overview

            14.5.10.2. Product Portfolio

            14.5.10.3. Production Footprint

            14.5.10.4. Sales Footprint

            14.5.10.5. Strategy Overview

                14.5.10.5.1. Marketing Strategy

                14.5.10.5.2. Product Strategy

                14.5.10.5.3. Channel Strategy

        14.5.11. Nanoshel LLC

            14.5.11.1. Overview

            14.5.11.2. Product Portfolio

            14.5.11.3. Production Footprint

            14.5.11.4. Sales Footprint

            14.5.11.5. Strategy Overview

                14.5.11.5.1. Marketing Strategy

                14.5.11.5.2. Product Strategy

                14.5.11.5.3. Channel Strategy

        14.5.12. LTS Research Laboratories, Inc.

            14.5.12.1. Overview

            14.5.12.2. Product Portfolio

            14.5.12.3. Production Footprint

            14.5.12.4. Sales Footprint

            14.5.12.5. Strategy Overview

                14.5.12.5.1. Marketing Strategy

                14.5.12.5.2. Product Strategy

                14.5.12.5.3. Channel Strategy

        14.5.13. American Elements

            14.5.13.1. Overview

            14.5.13.2. Product Portfolio

            14.5.13.3. Production Footprint

            14.5.13.4. Sales Footprint

            14.5.13.5. Strategy Overview

                14.5.13.5.1. Marketing Strategy

                14.5.13.5.2. Product Strategy

                14.5.13.5.3. Channel Strategy

        14.5.14. Inframat Corporation

            14.5.14.1. Overview

            14.5.14.2. Product Portfolio

            14.5.14.3. Production Footprint

            14.5.14.4. Sales Footprint

            14.5.14.5. Strategy Overview

                14.5.14.5.1. Marketing Strategy

                14.5.14.5.2. Product Strategy

                14.5.14.5.3. Channel Strategy

        14.5.15. ZhuZhou GuangYuan Cemented Material Co., Ltd

            14.5.15.1. Overview

            14.5.15.2. Product Portfolio

            14.5.15.3. Production Footprint

            14.5.15.4. Sales Footprint

            14.5.15.5. Strategy Overview

                14.5.15.5.1. Marketing Strategy

                14.5.15.5.2. Product Strategy

                14.5.15.5.3. Channel Strategy

15. Assumptions & Acronyms Used

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Qualitative Research Methods

  • Executive Interviews
  • Focus Groups
  • Expert Consultations

Quality Assurance & Validation Framework

Multi-Stage Validation Process

  • Source Verification and Consistency Testing
  • Outlier Detection and Bias Assessment
  • Peer Review Process and External Validation
  • Sensitivity Analysis and Confidence Intervals

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Methodology Validation & Credibility

Our research methodology has been extensively validated through:

  • Academic Partnerships: Collaborations with top-tier business schools and research institutions
  • Client Success Stories: Documented case studies demonstrating research impact and ROI
  • Continuous Benchmarking: Performance comparison with leading global research firms

This comprehensive methodology framework positions Persistence Market Research at the forefront of market intelligence, combining the analytical sophistication of top-tier consulting firms with innovative research techniques. Our approach ensures that every market assessment delivers precise, actionable, and strategically valuable insights that drive business success in competitive market environments.

Ready to unlock your market potential? Contact our research experts to discuss how our validated methodology can transform your strategic decision-making with data-driven market intelligence.

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