Chromium Salts Market Snapshot (2023 to 2033)

The global chromium salts market is anticipated to secure US$ 4,591 million in 2023. During the timeframe of 2023 to 2033, the market is likely to display a CAGR of 5.2% while amassing revenue worth US$ 7,621.9 million by 2033.

The growth of the market can be attributed to the fast expansion of the dye and pigment market. Rapid industrialization in developing countries like India, China, Japan, and Brazil is projected to play an important role in strengthening the chromium salts market.

Chromium nitrate is the most common chromium salt used as a corrosion inhibitor in chromium-containing catalysts, ceramic glazes, glassware, garment dyeing, and printmaking. Chromium chloride is a popular chromium salt that is used for electroplating and as a mordant. It can also be used as a disintegration reagent since it can absorb oxygen.

Data Points Key Statistics
Expected Market Value (2023) US$ 4,591 million
Anticipated Forecast Value (2033) US$ 7,621.9 million
Projected Growth Rate (2023 to 2033) 5.2% CAGR

The inorganic salts of chromium always occur as a crystalline powder or as flakes, which are soluble in water. The salts of chromium are of various colors of the rainbow of which yellow dominates. The melting points of these salts vary to some extent and are usually between 180 and 2500°C. In addition, their solubility in water varies to some extent.

The conventional method of producing chromium includes citrus and lime-free roasting techniques. These methods have a major flaw since it results in ecological harm and poor resource use. This condition reduces the atmospheric rate of mass transfer in the process, leading to a poor chromium extraction rate.

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What are the Factors Driving the Global Chromium Salts Market?

Increasing Demand for Pharmaceuticals to Develop the Chromium Salts Market

The growing application of inorganic compounds as catalysts for the production of several medicines is anticipated to augment the market size during the forecast period. Moreover, the advent of various oncological and autoimmune disorders is increasing the demand for drugs and medicine, thus, positively influencing the market. It helps to keep blood sugar levels normal by improving the way body uses insulin. It is also used to cure high cholesterol, diabetes, bipolar disorder, and many other ailments.

Other factors contributing to the market growth include increasing demand for the product for metal treatment, leather treatment, and water treatment. Further, its application in electroplating, tanning, printing, dyeing, and oxidants are expected to widen the market size in the forthcoming time.

Acquisitions among players are expected to benefit the market during the forecast period. For instance, In August 2019, Brother Enterprises Holding announced the acquisition of LANXESS South Africa. Lanxess in South Africa is engaged in the production of chrome tanning agents used in leather tanning & processing and the production of chromium salts. The acquisition is projected to provide a steady supply of raw materials at a low cost to Brother Enterprises Holding.

What are the Factors Hampering the Global Chromium Salts Market?

Associated Negative Impact of Chromium on Environment and Human Health to Hamper the Market

Chromium pollution is a significant environmental threat, adversely impacting our environment and natural resources, especially water and soil. Excessive exposure could lead to higher levels of accumulation in human and animal tissues, leading to toxic and detrimental health effects.

Owing to wide industrial applications, chromium is considered a serious environmental pollutant. Contamination of soil and water by chromium is of recent concern chromium occurs in nature in bound forms that constitute 0.1 - 0.3 mg kg of the Earth's Crust. Such factors are likely to impede market growth in the coming time.

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Nikhil Kaitwade

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Segmentation Analysis

How is Metallurgy Developing the Global Chromium Salts Market?

Addition of Chromium Imparts Strength to the Alloy

According to the analysis, the metallurgy segment is expected to witness significant growth during the forecast period.

Chromium salt witnesses a high demand in metallurgy since it can form alloys with iron, nickel, or cobalt. The addition of chromium imparts strength, hardness, and corrosion resistance to the alloy.

Chromium is an essential alloy element used in the manufacturing of high-strength steel owing to its excellent mechanical, high oxidative, high hardness, and corrosion resistance properties. It has no substitute in stainless steel or any other superalloys and scrap can be used as an alternative to ferrochromium in some metallurgical end uses.

Regional Analysis

What is the Role of North America in Developing the Global Chromium Salt Market?

Growing Application of Chromium Salt for Commercial Use to Drive the Regional Market

Country The United States
Market Share % (2023) 23.6%

The study reveals that North America is expected to dominate the global chromium salt market during the forecast period. In 2023, the region is expected to secure 25.8% of global revenue.

The development of the regional market can be attributed to the increasing application of chromium salt for commercial use. Chromium is a vital element for the formulation or manufacturing of stainless steel grade for commercial application and is mostly used as an additive to strengthen steel and boost corrosion protection.

Further, the presence of strong players in the region is expected to benefit the regional market in the forecast period. For instance, Catalog. Gemini Pharmaceuticals, Goodfellow Corp, N.T Ruddock, Chemicals 101 Corp., and Belmont Metals, among others, are some of the renowned players in the regional market.

What is the Role of Europe in Driving the Global Chromium Salts Market?

Increasing Demand for Chromium Salts in Pharmaceutical Sector to Strengthen the European Market

Country Market Share % (2023)
German Chromium Salts Industry Share % (2023) 6.1%
The United Kingdom Chromium Salts Industry Forecast CAGR % (2023 to 2033) 4.2%

According to the analysis, Europe is expected to be the second-largest market for chromium salts. In 2023, the region is likely to claim 22.4% of the global revenue.

The growth of the regional market can be attributed to the increasing demand for pharmaceutical drugs from the healthcare sector. Also, growing industrialization in the region is another salient cause driving the market in the region during the assessment period.

Also, countries like Finland are expected to make a significant contribution to strengthening the regional market. For instance, Finland first made it onto the list of top chromium-producing countries in 2018 with an output of 2.2 million MT. In 2021, the Nordic country produced 2.3 million MT. Finland's major chromium-producing operation is the Kemi mine, owned by global stainless steel manufacturer Outokumpu. Such factors are expected to benefit the industry in the coming time.

How is Asia Pacific Contributing to the Growth of the Global Chromium Salts Market?

Rapid Industrialization in Developing Countries to Strengthen the Regional Market

Country Value CAGR (2023 to 2033)
China 4.5%
India 5.3%

According to the analysis, the Asia Pacific is anticipated to be the fastest-growing region during the forecast period. This can be attributed to the rapid industrialization in the region along with the presence of developing countries such as India, Japan, China, and others.

As per the International Stainless Steel Forum (ISSF), the total production of stainless steel in India stood at 3.3 million tons at the end of 2016. Moreover, the overall production reached up to 3.6 million tons by the end of 2017. Such factors are expected to make a significant contribution to developing the market during the forecast period.

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How are Start-ups Contributing to the Development of the Global Chromium Salts Market?

M.S Chemicals, Spectochem Industries, Atotech, Strem Chemicals Incorporated, Om Group Inc., Oxkem, Cannock Chemicals, and Collins Chemical Blacking, are some of the new names in the industry that are making significant contributions in expanding the market size during the forecast period.

Competition Analysis

Key players in the global chromium salts market include MerckMillipore, Sigma Aldrich, Otsuka Chemical Co Ltd, Loba Chemie, Fisher Scientific, Lenntech, Arkema SA, Bann Química, Behn Meyer, Chemtura Corporation, Solutia Incorporated, Emerald Performance Materials, Eastman Chemicals Co and Lanxess AG among others.

Recent Development in the Industry Include:

  • In January 2020, German Specialty Chemicals Company Lanxess announced that it has accomplished the sale of its chrome chemical business to Brother Enterprises Holdings which is a China-based leather chemical manufacturing company. Lanxess in South Africa has its facilities in two locations, Newcastle and Merebank in South Africa. Under the agreement, the Lanxess is anticipated to produce and supply the chrome tanning salts to Brother Enterprises until 2024.
  • In December 2021, Thermo Fisher Scientific Inc. the world leader in serving science, today announced that it has completed its acquisition of PPD, Inc., a leading global provider of clinical research services to the biopharma and biotech industry, for US$ 17.4 Billion.

Report of Scope

Report Attribute Details
Growth Rate CAGR of 5.2% from 2023 to 2033
Market Value in 2023 US$ 4,591 million
Market Value in 2033 US$ 7,621.9 million
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Type
  • Application
  • Region
Regions Covered
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
Key Countries Profiled
  • The United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • The United Kingdom
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • China
  • Japan
  • South Korea
  • GCC Countries
  • South Africa
  • Israel
Key Companies Profiled
  • MerckMillipore
  • Sigma Aldrich
  • Otsuka Chemical Co Ltd
  • Loba Chemie
  • Thermo Fisher Scientific
  • Lenntech
  • Arkema SA
  • Bann Química
  • Behn Meyer
  • Chemtura Corporation
  • Solutia Incorporated
  • Emerald Performance Materials
  • Eastman Chemicals Co
  • Lanxess AG among others.
Customization Available Upon Request

Key Players in the Global Chromium Salts Market

By Type:

  • Chromium O Salts
  • Chromium I Salts
  • Chromium II Salts
  • Chromium III Salts
  • Chromium IV Salts
  • Chromium V Salts
  • Chromium VI Salts

By Application:

  • Metallurgy
  • Dyes & Pigments
  • Wood Production
  • Preservatives
  • Tanning
  • Refractory Materials

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

How much is the Chromium Salts Industry Projected to Attain by 2033 end?

The chromium salts industry is projected to reach a valuation of US$ 7,621.9 million by 2033.

Which are the Top Companies Providing Chromium Salts?

MerckMillipore and Sigma Aldrich are the top players in the chromium salts industry.

Which Country is Expected to Account for Significant Market Share?

The United States is projected to hold a sizeable market share over the forecast period.

At what CAGR is the Chromium Salts Industry Projected to Grow in the Forecast Period?

The chromium salts industry is projected to grow at a CAGR of 5.2%.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Type, 2018 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Type, 2023 to 2033
        5.3.1. Chromium O Salts
        5.3.2. Chromium I Salts
        5.3.3. Chromium II Salts
        5.3.4. Chromium III Salts
        5.3.5. Chromium IV Salts
        5.3.6. Chromium V Salts
        5.3.7. Chromium VI Salts
    5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
        6.3.1. Metallurgy
        6.3.2. Dyes & Pigments
        6.3.3. Wood Production
        6.3.4. Preservatives
        6.3.5. Tanning
        6.3.6. Refractory Materials
    6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    7.1. Introduction
    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
    7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
        7.3.1. North America
        7.3.2. Latin America
        7.3.3. Western Europe
        7.3.4. Eastern Europe
        7.3.5. South Asia and Pacific
        7.3.6. East Asia
        7.3.7. Middle East and Africa
    7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        8.2.1. By Country
            8.2.1.1. U.S.
            8.2.1.2. Canada
        8.2.2. By Type
        8.2.3. By Application
    8.3. Market Attractiveness Analysis
        8.3.1. By Country
        8.3.2. By Type
        8.3.3. By Application
    8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        9.2.1. By Country
            9.2.1.1. Brazil
            9.2.1.2. Mexico
            9.2.1.3. Rest of Latin America
        9.2.2. By Type
        9.2.3. By Application
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Type
        9.3.3. By Application
    9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        10.2.1. By Country
            10.2.1.1. Germany
            10.2.1.2. U.K.
            10.2.1.3. France
            10.2.1.4. Spain
            10.2.1.5. Italy
            10.2.1.6. Rest of Western Europe
        10.2.2. By Type
        10.2.3. By Application
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Type
        10.3.3. By Application
    10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. Poland
            11.2.1.2. Russia
            11.2.1.3. Czech Republic
            11.2.1.4. Romania
            11.2.1.5. Rest of Eastern Europe
        11.2.2. By Type
        11.2.3. By Application
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Type
        11.3.3. By Application
    11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. India
            12.2.1.2. Bangladesh
            12.2.1.3. Australia
            12.2.1.4. New Zealand
            12.2.1.5. Rest of South Asia and Pacific
        12.2.2. By Type
        12.2.3. By Application
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Type
        12.3.3. By Application
    12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
        13.2.2. By Type
        13.2.3. By Application
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Type
        13.3.3. By Application
    13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. GCC Countries
            14.2.1.2. South Africa
            14.2.1.3. Israel
            14.2.1.4. Rest of MEA
        14.2.2. By Type
        14.2.3. By Application
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Type
        14.3.3. By Application
    14.4. Key Takeaways
15. Key Countries Market Analysis
    15.1. U.S.
        15.1.1. Pricing Analysis
        15.1.2. Market Share Analysis, 2022
            15.1.2.1. By Type
            15.1.2.2. By Application
    15.2. Canada
        15.2.1. Pricing Analysis
        15.2.2. Market Share Analysis, 2022
            15.2.2.1. By Type
            15.2.2.2. By Application
    15.3. Brazil
        15.3.1. Pricing Analysis
        15.3.2. Market Share Analysis, 2022
            15.3.2.1. By Type
            15.3.2.2. By Application
    15.4. Mexico
        15.4.1. Pricing Analysis
        15.4.2. Market Share Analysis, 2022
            15.4.2.1. By Type
            15.4.2.2. By Application
    15.5. Germany
        15.5.1. Pricing Analysis
        15.5.2. Market Share Analysis, 2022
            15.5.2.1. By Type
            15.5.2.2. By Application
    15.6. U.K.
        15.6.1. Pricing Analysis
        15.6.2. Market Share Analysis, 2022
            15.6.2.1. By Type
            15.6.2.2. By Application
    15.7. France
        15.7.1. Pricing Analysis
        15.7.2. Market Share Analysis, 2022
            15.7.2.1. By Type
            15.7.2.2. By Application
    15.8. Spain
        15.8.1. Pricing Analysis
        15.8.2. Market Share Analysis, 2022
            15.8.2.1. By Type
            15.8.2.2. By Application
    15.9. Italy
        15.9.1. Pricing Analysis
        15.9.2. Market Share Analysis, 2022
            15.9.2.1. By Type
            15.9.2.2. By Application
    15.10. Poland
        15.10.1. Pricing Analysis
        15.10.2. Market Share Analysis, 2022
            15.10.2.1. By Type
            15.10.2.2. By Application
    15.11. Russia
        15.11.1. Pricing Analysis
        15.11.2. Market Share Analysis, 2022
            15.11.2.1. By Type
            15.11.2.2. By Application
    15.12. Czech Republic
        15.12.1. Pricing Analysis
        15.12.2. Market Share Analysis, 2022
            15.12.2.1. By Type
            15.12.2.2. By Application
    15.13. Romania
        15.13.1. Pricing Analysis
        15.13.2. Market Share Analysis, 2022
            15.13.2.1. By Type
            15.13.2.2. By Application
    15.14. India
        15.14.1. Pricing Analysis
        15.14.2. Market Share Analysis, 2022
            15.14.2.1. By Type
            15.14.2.2. By Application
    15.15. Bangladesh
        15.15.1. Pricing Analysis
        15.15.2. Market Share Analysis, 2022
            15.15.2.1. By Type
            15.15.2.2. By Application
    15.16. Australia
        15.16.1. Pricing Analysis
        15.16.2. Market Share Analysis, 2022
            15.16.2.1. By Type
            15.16.2.2. By Application
    15.17. New Zealand
        15.17.1. Pricing Analysis
        15.17.2. Market Share Analysis, 2022
            15.17.2.1. By Type
            15.17.2.2. By Application
    15.18. China
        15.18.1. Pricing Analysis
        15.18.2. Market Share Analysis, 2022
            15.18.2.1. By Type
            15.18.2.2. By Application
    15.19. Japan
        15.19.1. Pricing Analysis
        15.19.2. Market Share Analysis, 2022
            15.19.2.1. By Type
            15.19.2.2. By Application
    15.20. South Korea
        15.20.1. Pricing Analysis
        15.20.2. Market Share Analysis, 2022
            15.20.2.1. By Type
            15.20.2.2. By Application
    15.21. GCC Countries
        15.21.1. Pricing Analysis
        15.21.2. Market Share Analysis, 2022
            15.21.2.1. By Type
            15.21.2.2. By Application
    15.22. South Africa
        15.22.1. Pricing Analysis
        15.22.2. Market Share Analysis, 2022
            15.22.2.1. By Type
            15.22.2.2. By Application
    15.23. Israel
        15.23.1. Pricing Analysis
        15.23.2. Market Share Analysis, 2022
            15.23.2.1. By Type
            15.23.2.2. By Application
16. Market Structure Analysis
    16.1. Competition Dashboard
    16.2. Competition Benchmarking
    16.3. Market Share Analysis of Top Players
        16.3.1. By Regional
        16.3.2. By Type
        16.3.3. By Application
17. Competition Analysis
    17.1. Competition Deep Dive
        17.1.1. MerckMillipore
            17.1.1.1. Overview
            17.1.1.2. Product Portfolio
            17.1.1.3. Profitability by Market Segments
            17.1.1.4. Sales Footprint
            17.1.1.5. Strategy Overview
                17.1.1.5.1. Marketing Strategy
                17.1.1.5.2. Product Strategy
                17.1.1.5.3. Channel Strategy
        17.1.2. Sigma Aldrich
            17.1.2.1. Overview
            17.1.2.2. Product Portfolio
            17.1.2.3. Profitability by Market Segments
            17.1.2.4. Sales Footprint
            17.1.2.5. Strategy Overview
                17.1.2.5.1. Marketing Strategy
                17.1.2.5.2. Product Strategy
                17.1.2.5.3. Channel Strategy
        17.1.3. Otsuka Chemical Co Ltd
            17.1.3.1. Overview
            17.1.3.2. Product Portfolio
            17.1.3.3. Profitability by Market Segments
            17.1.3.4. Sales Footprint
            17.1.3.5. Strategy Overview
                17.1.3.5.1. Marketing Strategy
                17.1.3.5.2. Product Strategy
                17.1.3.5.3. Channel Strategy
        17.1.4. Loba Chemie
            17.1.4.1. Overview
            17.1.4.2. Product Portfolio
            17.1.4.3. Profitability by Market Segments
            17.1.4.4. Sales Footprint
            17.1.4.5. Strategy Overview
                17.1.4.5.1. Marketing Strategy
                17.1.4.5.2. Product Strategy
                17.1.4.5.3. Channel Strategy
        17.1.5. Thermo Fisher Scientific
            17.1.5.1. Overview
            17.1.5.2. Product Portfolio
            17.1.5.3. Profitability by Market Segments
            17.1.5.4. Sales Footprint
            17.1.5.5. Strategy Overview
                17.1.5.5.1. Marketing Strategy
                17.1.5.5.2. Product Strategy
                17.1.5.5.3. Channel Strategy
        17.1.6. Lenntech
            17.1.6.1. Overview
            17.1.6.2. Product Portfolio
            17.1.6.3. Profitability by Market Segments
            17.1.6.4. Sales Footprint
            17.1.6.5. Strategy Overview
                17.1.6.5.1. Marketing Strategy
                17.1.6.5.2. Product Strategy
                17.1.6.5.3. Channel Strategy
        17.1.7. Arkema SA
            17.1.7.1. Overview
            17.1.7.2. Product Portfolio
            17.1.7.3. Profitability by Market Segments
            17.1.7.4. Sales Footprint
            17.1.7.5. Strategy Overview
                17.1.7.5.1. Marketing Strategy
                17.1.7.5.2. Product Strategy
                17.1.7.5.3. Channel Strategy
        17.1.8. Bann Química
            17.1.8.1. Overview
            17.1.8.2. Product Portfolio
            17.1.8.3. Profitability by Market Segments
            17.1.8.4. Sales Footprint
            17.1.8.5. Strategy Overview
                17.1.8.5.1. Marketing Strategy
                17.1.8.5.2. Product Strategy
                17.1.8.5.3. Channel Strategy
        17.1.9. Behn Meyer
            17.1.9.1. Overview
            17.1.9.2. Product Portfolio
            17.1.9.3. Profitability by Market Segments
            17.1.9.4. Sales Footprint
            17.1.9.5. Strategy Overview
                17.1.9.5.1. Marketing Strategy
                17.1.9.5.2. Product Strategy
                17.1.9.5.3. Channel Strategy
        17.1.10. Chemtura Corporation
            17.1.10.1. Overview
            17.1.10.2. Product Portfolio
            17.1.10.3. Profitability by Market Segments
            17.1.10.4. Sales Footprint
            17.1.10.5. Strategy Overview
                17.1.10.5.1. Marketing Strategy
                17.1.10.5.2. Product Strategy
                17.1.10.5.3. Channel Strategy
        17.1.11. Solutia Incorporated
            17.1.11.1. Overview
            17.1.11.2. Product Portfolio
            17.1.11.3. Profitability by Market Segments
            17.1.11.4. Sales Footprint
            17.1.11.5. Strategy Overview
                17.1.11.5.1. Marketing Strategy
                17.1.11.5.2. Product Strategy
                17.1.11.5.3. Channel Strategy
        17.1.12. Emerald Performance Materials
            17.1.12.1. Overview
            17.1.12.2. Product Portfolio
            17.1.12.3. Profitability by Market Segments
            17.1.12.4. Sales Footprint
            17.1.12.5. Strategy Overview
                17.1.12.5.1. Marketing Strategy
                17.1.12.5.2. Product Strategy
                17.1.12.5.3. Channel Strategy
        17.1.13. Eastman Chemicals Co
            17.1.13.1. Overview
            17.1.13.2. Product Portfolio
            17.1.13.3. Profitability by Market Segments
            17.1.13.4. Sales Footprint
            17.1.13.5. Strategy Overview
                17.1.13.5.1. Marketing Strategy
                17.1.13.5.2. Product Strategy
                17.1.13.5.3. Channel Strategy
        17.1.14. Lanxess AG among others.
            17.1.14.1. Overview
            17.1.14.2. Product Portfolio
            17.1.14.3. Profitability by Market Segments
            17.1.14.4. Sales Footprint
            17.1.14.5. Strategy Overview
                17.1.14.5.1. Marketing Strategy
                17.1.14.5.2. Product Strategy
                17.1.14.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology

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