Sodium Dichromate Market Demand, Size, Share, Scope & Forecast To 2027
The Global Sodium Dichromate Market is expected to be valued at USD 1,242.4 Million in 2027 from USD 759.2 Million in 2019, registering a CAGR of 6.3% through the estimated period. Sodium Dichromate market brings in the best of both qualitative and quantitative assessment techniques to explore the market size, share, and status of the Sodium Dichromate market for the forecast period, 2020 - 2027. The extensive examination of the global business environment provides a detailed analysis of the key driving forces and challenges with the aim to give the stakeholders, business owners, and filed marketing executives a competitive advantage over others.
The industry is experiencing an enormous demand on
account of the rapidly growing textile industry. The sodium dichromate’s application
in chrome-based dyeing has an immense significance in the dyeing procedures of textiles’
fiber
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Major
players in the sector are Nippon Chemical Industrial
Co. Ltd., Lanxess, Elementis, Jinshi Chemical Industry Co. Ltd., Chongquing
Minfeng Chemical Co. Ltd., Hebei Chromate Chemical Co. Ltd., American Elements,
Soda Xinjiang Sing Horn Group, Sichuan Yinhe Chemical Co. Ltd., and Sanayii AS.
The
sodium dichromate sector is expanding at a steady rate in North America, owing
to the rapid growth of industries like paper and textile. Moreover, growing
demand for several wood preservatives in the construction and building sector
is responsible for the increased demand in the industry.
• North
America (U.S., Canada)
• Europe
(U.K., Italy, Germany, France, Rest of EU)
• Asia
Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin
America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle
East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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