Chromium Phosphate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market is Segmented by Application (Paints and Coatings, Chemical Manufacturing, Medical, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Chromium Phosphate Market Size

Chromium Phosphate Market - Market Summary

Compare market size and growth of Chromium Phosphate Market with other markets in Chemicals & Materials Industry

Chromium Phosphate Market Analysis

The Chromium Phosphate Market is expected to register a CAGR of less than 6% during the forecast period.

  • The rising number of applications for coatings and growing demand from the medical industry are driving the market growth.
  • Factors, such as associated health hazards and other restraints, are expected to hinder market growth.

Asia-Pacific to Dominate the Market

  • Asia-Pacific is expected to dominate the overall market, owing to the highly developed chemical and construction sectors in China, Singapore, and Japan, coupled with the continuous investments done in the region to advance the medical technology sector through the years.
  • In the recent past, chromium phosphate gained demand from the medical industry, and it is being majorly used for leukemia and haemangioma medicines.
  • Corrosion inhibitors are one of the major applications for chromium phosphate. Chromium phosphate is used for corrosion inhibitor purposes, as well as to increase the efficiency and lifetime of chemical and petrochemical manufacturing equipment.
  • According to the American Chemistry Council, Asia-Pacific holds a major chunk of the global chemical production market, and the construction industry from Asia-Pacific has been witnessing decent growth in recent years.
  • According to the Ministry of Trade and Industry, Singapore, the construction industry in Singapore witnessed significant growth in recent years. In India, the real estate sector is expected to grow to over USD 1 trillion by 2030, while contributing to around 13% of the country's GDP by 2025.
  • This is expected to boost the demand for architectural paints and coatings, thus, augmenting the consumption of chromium phosphate for paints and coatings.
  • Continuous growth in construction activities in developing regions and increasing applications for corrosion inhibition and medical purposes are expected to drive the market for chromium phosphate in Asia-Pacific through the coming years.
Chromium Phosphate Market Regional Trends

Chromium Phosphate Industry Overview

The chromium phosphate market is partially consolidated in nature, with few major players dominating a significant portion of the market. Some of the major companies are American Elements, Oxkem, Bayer AG, BASF (Chemetall GmbH), and Merck KGaA (Sigma-Aldrich Corporation).

Chromium Phosphate Market Leaders

  1. American Elements

  2. Oxkem

  3. Bayer AG

  4. BASF (Chemetall GmbH)

  5. Merck KGaA (Sigma-Aldrich Corporation)

  6. *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF

Chromium Phosphate Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Applications for Coatings
    • 4.1.2 Growing Demand from Medical Industry
  • 4.2 Restraints
    • 4.2.1 Associated Health Hazards
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porters Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Paints and Coatings
    • 5.1.2 Chemical Manufacturing
    • 5.1.3 Medical
    • 5.1.4 Other Applications
  • 5.2 Geography
    • 5.2.1 Asia-Pacific
    • 5.2.1.1 China
    • 5.2.1.2 India
    • 5.2.1.3 Japan
    • 5.2.1.4 South Korea
    • 5.2.1.5 Rest of Asia-Pacific
    • 5.2.2 North America
    • 5.2.2.1 United States
    • 5.2.2.2 Canada
    • 5.2.2.3 Mexico
    • 5.2.3 Europe
    • 5.2.3.1 Germany
    • 5.2.3.2 United Kingdom
    • 5.2.3.3 France
    • 5.2.3.4 Italy
    • 5.2.3.5 Rest of Europe
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
    • 5.2.5 Middle-East and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 South Africa
    • 5.2.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 American Elements
    • 6.4.2 BASF (Chemetall GmbH)
    • 6.4.3 Bayer AG
    • 6.4.4 Brenntag
    • 6.4.5 Chemos
    • 6.4.6 Hubei Jusheng Technology Co. Ltd
    • 6.4.7 Merck KGaA (Sigma-Aldrich Corporation)
    • 6.4.8 Nippon Chemical Industrial Co.
    • 6.4.9 Oxkem
    • 6.4.10 Service Chemical
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Growing Demand from Chemical Industry
  • 7.2 Other Opportunities
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Chromium Phosphate Industry Segmentation

The scope of the chromium phosphate market report includes:

Application Paints and Coatings
Chemical Manufacturing
Medical
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Chromium Phosphate Market Research FAQs

What is the current Chromium Phosphate Market size?

The Chromium Phosphate Market is projected to register a CAGR of less than 6% during the forecast period (2025-2030)

Who are the key players in Chromium Phosphate Market?

American Elements, Oxkem, Bayer AG, BASF (Chemetall GmbH) and Merck KGaA (Sigma-Aldrich Corporation) are the major companies operating in the Chromium Phosphate Market.

Which is the fastest growing region in Chromium Phosphate Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Chromium Phosphate Market?

In 2025, the Asia Pacific accounts for the largest market share in Chromium Phosphate Market.

What years does this Chromium Phosphate Market cover?

The report covers the Chromium Phosphate Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Chromium Phosphate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Our Best Selling Reports

Chromium Phosphate Industry Report

Statistics for the 2025 Chromium Phosphate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chromium Phosphate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Chromium Phosphate Report Snapshots

Chromium Phosphate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)