Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Chromite is a mineral that is an iron chromium oxide. It has a chemical formula of FeCr2O4.
South Africa South Africa is the world’s largest source of chromite. Historically it has accounted for approximately 72 percent of global reserves.China accounted for just under 40% of global ferrochrome output.
Market Analysis and Insights: Global Chromite Ore Market
The global Chromite Ore market was valued at US$ 6843.2 million in 2019 and it is expected to reach US$ 9862.9 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.
Global Chromite Ore Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Chromite Ore Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
More than 48% Types
36%～47% Types
30%～35% Types
More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
Segment by Application
Metallurgy Industry
Refractory and Foundry
Chemical Industry
In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
By Company
TNC Kazchrome JSC
Samancor
Assmang Proprietary Limited
Outokumpu
Yilmaden Holding
Merafe Resources
Odisha Mining Corporation
Tata Steel
ASA Metals
Production by Region
South Africa
Kazakhstan
Turkey
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
South Africa South Africa is the world’s largest source of chromite. Historically it has accounted for approximately 72 percent of global reserves.China accounted for just under 40% of global ferrochrome output.
Market Analysis and Insights: Global Chromite Ore Market
The global Chromite Ore market was valued at US$ 6843.2 million in 2019 and it is expected to reach US$ 9862.9 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.
Global Chromite Ore Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Chromite Ore Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
More than 48% Types
36%～47% Types
30%～35% Types
More than 48% types are high-grade chrome ore. 36% to 47% Types are among the most common minerals. 30% to 35% types are low-grade products with low mining value.
Segment by Application
Metallurgy Industry
Refractory and Foundry
Chemical Industry
In chromite market, metallurgical industry has an important application share, accounting for 92% of the market share.
By Company
TNC Kazchrome JSC
Samancor
Assmang Proprietary Limited
Outokumpu
Yilmaden Holding
Merafe Resources
Odisha Mining Corporation
Tata Steel
ASA Metals
Production by Region
South Africa
Kazakhstan
Turkey
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
