Vibrant Colors, Superior Quality: Insights into the Ammonium Dichromate Market
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-72524 Format: PDF Pages: 325
Report Highlights
According to a recent research survey conducted by ChemView Consulting, the Global Ammonium Dichromate Market will be worth US$ 86.2 Mn by 2023 end. The market is expected to grow at a CAGR of 4.6% between 2023 and 2033 to hit US$ 135.2 Mn by 2033 end.
Key Market Trends
Pharmaceutical Industry Seeks Ammonium Dichromate for Increased Production
The pharmaceutical industry is increasingly turning to ammonium dichromate as a key ingredient in the production of drugs and medicines. This is due to its ability to act as a catalyst in the production process, allowing for faster and more efficient production. As a result, the demand for ammonium dichromate is expected to continue to grow in the coming years.
Automotive Industry Embraces Ammonium Dichromate for Improved Performance
The automotive industry is increasingly turning to ammonium dichromate as a key ingredient in the production of vehicles. This is due to its ability to act as a catalyst in the production process, allowing for improved performance and efficiency. As a result, the use of ammonium dichromate is expected to continue to grow in the coming years.
Market Drivers
Growing Demand from the Pyrotechnic Industry
The Ammonium Dichromate market is driven by the increasing demand from the pyrotechnic industry, where it is used as an oxidizing agent in various applications, such as fireworks, signal flares, and smoke bombs. The demand for these products is expected to drive the growth of the Ammonium Dichromate market in the coming years.
Increasing Use in the Photographic Industry
Ammonium Dichromate is also used in the photographic industry as a key component in the production of photochromic materials, such as photographic plates and films. The increasing demand for high-quality and eco-friendly photographic materials is driving the growth of the Ammonium Dichromate market in this industry.
Segmentation Insights
After conducting a comprehensive analysis of the Ammonium Dichromate Market, we have identified the top three trending segments in the industry. These segments are witnessing strong market growth, increasing demand, and widespread adoption.
Most Popular (Fastest Growth Rate)
99% Purity Ammonium Dichromate
99% purity ammonium dichromate has emerged as the most popular choice in the Ammonium Dichromate Market. This high purity compound is extensively used in the production of pyrotechnics, photography, and lithography, thanks to its exceptional quality, purity, and stability. Its superior properties make it the preferred choice for consumers seeking high performance ammonium dichromate for their applications.
Most Selling (Largest Market Share)
Pyrotechnics
Pyrotechnics applications are the most selling segment in the Ammonium Dichromate Market. This versatile compound is used to create vivid colors and stunning effects in fireworks, sparklers, and other pyrotechnic devices. Its unique properties and vivid colors make it an ideal choice for consumers seeking high-quality, eye-catching pyrotechnics products.
Trending (Gaining Traction)
Lithography
Lithography applications are gaining significant traction in the Ammonium Dichromate Market, thanks to the compound’s exceptional light sensitivity and color stability. Ammonium dichromate is used to create photolithographic plates for the printing industry, allowing for precise and accurate reproduction of images and text. As more consumers seek out high quality, reliable lithography solutions, ammonium dichromate is poised to become a trending segment in the market.
Regional Insights
North America: North America Ammonium Dichromate Market to Witness Steady Growth Due to Increasing Demand from Inorganic Pigments and Photoengraving Applications
Ammonium Dichromate is a powerful oxidizing agent used in a variety of industrial and commercial applications. In North America, the market for Ammonium Dichromate is growing rapidly due to its ability to provide a cost-effective solution for a variety of applications. Companies in the region are increasingly turning to Ammonium Dichromate to improve their production processes and reduce costs. With its wide range of uses, Ammonium Dichromate is unlocking the potential of North American businesses and helping them to stay competitive in the global market.
Asia-Pacific: Rising Potential of Ammonium Dichromate in Asia-Pacific from Increasing Industrial Activities and Growing Demand for Inorganic Pigments
Ammonium Dichromate ((NH4)2Cr2O7) is a niche chemical with limited applications, and its market size is relatively small compared to other chemicals. However, the demand for ammonium dichromate in Asia is expected to grow due to increasing industrial activities and demand for inorganic pigments in the region.
Asia is a significant market for ammonium dichromate, with countries such as China, India, Japan, South Korea, and Taiwan being major producers and consumers of the chemical. According to some industry reports, China is the largest producer and consumer of ammonium dichromate in the region, accounting for a significant share of the market.
The growth of the ammonium dichromate market in Asia is primarily driven by the increasing demand for inorganic pigments in various industries, such as paints, coatings, plastics, and ceramics. In addition, the growth of the agriculture industry in the region is expected to boost the demand for ammonium sulfate, which is a raw material used in the production of ammonium dichromate.
Research Scope/Taxonomy
Market Analysis by Based on Type:
Market Analysis by Applications:
Market analysis by Region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Application W.R.T. Type
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. 97% Purity
10.3.2. 99% Purity
10.4. Market Attractiveness Analysis by Type
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Pyrotechnics
11.2.2. Photography
11.2.3. Lithography
11.2.4. Dyeing pigments
11.2.5. Others (oil purification, pure nitrogen library, production of chrome alum, alizarin and leather tanning, etc.)
11.3. Market Attractiveness Analysis by Application
12.1. Introduction
12.2. Key Market Trends
12.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia-Pacific
12.3.5. Middle East
12.3.6. Africa
12.4. Market Attractiveness Analysis by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. By Country
13.3.1.1. U.S.
13.3.1.2. Canada
13.3.2.By Type 13.3.3. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Type
13.4.3. By Application
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Rest of Latin America
14.3.2. By Type
14.3.3. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Type
14.4.3. By Application
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. Italy
15.3.1.3. France
15.3.1.4. UK
15.3.1.5. Spain
15.3.1.6. Netherlands
15.3.1.7. Norway
15.3.1.8. Russia
15.3.1.9. Rest of Europe
15.3.2. By Type
15.3.3. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Type
15.4.3. By Application
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. China
16.3.1.2. Japan
16.3.1.3. South Korea
16.3.1.4. India
16.3.1.5. Indonesia
16.3.1.6. Thailand
16.3.1.7. Vietnam
16.3.1.8. Australia & New Zealand
16.3.1.9. Rest of Asia-Pacific
16.3.2. By Type
16.3.3. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Type
16.4.3. By Application
16.4.4. By Application
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.4.1. By Country
17.4.1.1. Saudi Arabia
17.4.1.2. Turkey
17.4.1.3. U.A.E.
17.4.1.4. Rest of the Middle East
17.4.2. By Type
17.4.3. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Type
17.5.3. By Application
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. South Africa
18.4.1.2. Nigeria
18.4.1.3. Egypt
18.4.1.4. Rest of Africa
18.4.2. By Type
18.4.3. By Application
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Type
18.5.3. By Application
19.1. Tier Structure Breakdown
19.2. Market Share Analysis
19.3. Production Capacity Analysis
19.4. Company Footprint Analysis
19.4.1. Product Footprint of Players
19.4.2. Regional Footprint of Players
19.4.3. Channel Footprint of Players
19.5. Brand Preference Analysis
19.6. Competition Dashboard
20.1. Chengdu HuaXia Chemical Reagent Co
20.1.1. Company Overview
20.1.2. Product & Financial Portfolio
20.1.3. Manufacturing Facilities
20.1.4. Recent Developments
20.1.5. SWOT Analysis
20.1.6. Strategy Overview
20.2. Wako Pure Chemical Industries
20.3. Fisher Scientific
20.4. Energy Chemical
20.5. Merck Schuchardt OHG
20.6. Sinopharm Chemical Reagent Co
20.7. Nacalai Tesque
20.8. City Chemical
20.9. JT Baker(Mallinckrodt Baker)
20.10. Service Chemical
20.11. Kanto Chemical Co