Chrome Oxide Green is also known as chromium (III) oxide. It is a very stable as well as durable compound most usually used as a pigment. It also permits some light safety to preserve the wine’s flavor. Green chrome oxide is used in the creation of refractory brick to line metallurgical and glass furnaces/kilns. Additionally, it is commonly used to add color, but it also has heat-resistant abilities that make it flawless for many industrial uses in paint, coatings, inks, ceramics, refractory and specialty glass development.This growth is primarily driven by Growing Residential and Commercial Building Activities and Increasing Dependency Due to Use In Ceramic and Plastic Products.
Globally, a noticeable market trend is evident Rising Adoption due to Use in Industrial Paints Including Military Vehicles
. Major Vendors, such as BASF SE (Germany), Elementis (United Kingdom), Hunter Chemical (United States), Sun Chemical (United States), Hunstman (Venator) (United States), Lanxess (Germany), Harold Scholz (Germany), Hebei Chromate Chemical (China), Luoyang Zhengjie (China) and Jirong Chemical (New Zealand) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 2nd July 2018, Sun Chemicals, a global chemical provider has acquired Cathay Industries, located in Valparaiso, Indiana, the United States for high-purity iron oxides business.
"According to Food and Drug Administration, Department Of Health And Human Services, United State, The color additive chromium oxide greens is principally chromic sesquioxide (Cr2O3), Chromium oxide greens are safe for use in coloring externally applied drugs, including those intended for use in the area of the eye, in amounts consistent with a good manufacturing practice. Specifications - The color additive chromium oxide greens shall conform to the following specifications and shall be free from impurities other than those named to the extent that such impurities may be avoided by good manufacturing practice: Chromium in 2% NaOH extract, not more than 0.075% as Cr2O3 (based on sample weight). Arsenic (as As), not more than 3 parts per million. Lead (as Pb), not more than 20 parts per million. Mercury (as Hg), not more than 1 part per million. Cr2O3, not less than 95%."
- Growing Residential and Commercial Building Activities
- Increasing Dependency Due to Use In Ceramic and Plastic Products
- Rising Adoption due to Use in Industrial Paints Including Military Vehicles
- High Use in the Glass Products
- Risk of Skin Irritation as well as an Eye Infection While Using Chromium Oxide Green
Upsurging Demand due to Easy Availability through E-Commerce
Stiff Competition in the Chromium Oxide Green Market
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Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
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Against this Challenging Backdrop, Chromium Oxide Green Study Sheds Light on
The Chromium Oxide Green Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Chromium Oxide Green industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Chromium Oxide Green industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.