| Product Code: ETC193416 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India sodium dichromate market import shipment demonstrated a steady growth trend with a CAGR of 5.4% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, signaling a temporary slowdown. Overall, the market expanded but with a slight deceleration towards the end of the period.
The sodium dichromate market in India is estimated to register a moderate CAGR of around 3.7% during the forecast period (2025-2031). The increasing demand for chromium compounds, as well as its use in water treatment and electroplating industries, are some of the key factors driving the growth of this market. Moreover, rapid industrialization, supportive government policies such as Make in India initiative and GST reforms have also augmented the growth of this sector.
The major driving factor for the sodium dichromate market in India is its increasing use in various manufacturing industries such as automotive, mining & metallurgy, electricals & electronics, food processing etc., due to its excellent properties like anti-corrosion nature and high water solubility among others. Moreover, growing demand from several end user industries are likely to propel further growth of this market during the forecast period (2025-2031).
Though it has numerous applications across different industry sectors but some restrictions on usage have been imposed by governments around the world due to safety reasons which may act as a hindrance towards healthy development of this market over the coming years. Moreover, availability of substitutes can also affect future prospects of this market negatively.
Some key players operating in India sodium dichromate market include Chemtex Speciality Limited; Gujarat Fluorochemicals Ltd.; Sigma Aldrich Co LLC.; Merck KGaA; Honeywell International Inc.; Kemira OYJ; Akzo Nobel N.V.; Clariant AG; BASF SE ; VWR International LLC; etc.
The Covid - 19 pandemic has affected many industry sectors adversely including chemicals sector owing to disruption supply chains globally leading to shortage or unavailabilityof raw materials which may impact production activities negatively resulting into low revenue generation for manufacturers dealing with sodium dichromate alongwith decline infinal product demand from end users. However , positive initiatives taken up by government authorities regarding relaxationsin lockdowns worldwide may eventually help revive economic activity thus aiding recovery prospects for chemicalindustries incuding sodium dichromte segment during 2025.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sodium Dichromate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Dichromate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Dichromate Market - Industry Life Cycle |
3.4 India Sodium Dichromate Market - Porter's Five Forces |
3.5 India Sodium Dichromate Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.6 India Sodium Dichromate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Sodium Dichromate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Sodium Dichromate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the textile industry for dyeing and printing applications |
4.2.2 Increasing use of sodium dichromate in the leather tanning industry |
4.2.3 Expansion of the chemical industry in India driving the consumption of sodium dichromate |
4.3 Market Restraints |
4.3.1 Stringent environmental regulations related to the disposal of chromium-containing waste |
4.3.2 Fluctuating prices of raw materials impacting the production cost of sodium dichromate |
5 India Sodium Dichromate Market Trends |
6 India Sodium Dichromate Market, By Types |
6.1 India Sodium Dichromate Market, By Grade Type |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Dichromate Market Revenues & Volume, By Grade Type, 2021-2031F |
6.1.3 India Sodium Dichromate Market Revenues & Volume, By First grade, 2021-2031F |
6.1.4 India Sodium Dichromate Market Revenues & Volume, By Second grade, 2021-2031F |
6.1.5 India Sodium Dichromate Market Revenues & Volume, By Third grade, 2021-2031F |
6.1.6 India Sodium Dichromate Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Sodium Dichromate Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Dichromate Market Revenues & Volume, By Calcium Roasting, 2021-2031F |
6.2.3 India Sodium Dichromate Market Revenues & Volume, By Calcium-free Roasting, 2021-2031F |
6.2.4 India Sodium Dichromate Market Revenues & Volume, By Other, 2021-2031F |
6.3 India Sodium Dichromate Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Sodium Dichromate Market Revenues & Volume, By Preparation of chromium compounds, 2021-2031F |
6.3.3 India Sodium Dichromate Market Revenues & Volume, By Metal Finishing, 2021-2031F |
6.3.4 India Sodium Dichromate Market Revenues & Volume, By Leather tanning, 2021-2031F |
6.3.5 India Sodium Dichromate Market Revenues & Volume, By Pigment, 2021-2031F |
6.3.6 India Sodium Dichromate Market Revenues & Volume, By Wood preservative, 2021-2031F |
7 India Sodium Dichromate Market Import-Export Trade Statistics |
7.1 India Sodium Dichromate Market Export to Major Countries |
7.2 India Sodium Dichromate Market Imports from Major Countries |
8 India Sodium Dichromate Market Key Performance Indicators |
8.1 Compliance with environmental regulations related to chromium waste disposal |
8.2 Adoption rate of sodium dichromate in new applications and industries |
8.3 Investment in research and development for more efficient and sustainable production processes |
8.4 Industrial production capacity utilization rates |
9 India Sodium Dichromate Market - Opportunity Assessment |
9.1 India Sodium Dichromate Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.2 India Sodium Dichromate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Sodium Dichromate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Sodium Dichromate Market - Competitive Landscape |
10.1 India Sodium Dichromate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Dichromate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |