Product Code: ETC202297 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The market size of chromium fluoride (CrF3) in Thailand was estimated around US$ 8 million in 2025 and is expected to grow at a CAGR of 5% owing to increasing industrialization activities across various manufacturing industries such as metallurgical processes, rubber production, etc., resulting into increased demand for specialty chemicals like CrF3 from these manufacturers. Moreover, growing electronics industry will push the consumption levels of CrF3 further up during the forecast period on account of its high usage rates as an etching agent or catalyst component in semiconductor production processes.
Chromium fluoride finds use in metal finishing, glass etching, and electronics. The market`s growth is fueled by the electronics industry`s demand for etching agents and the expanding metal finishing sector.
Chromium fluoride is valuable in metal finishing and ceramics. Challenges arise from its toxicity and the need for specialized handling. Adhering to safety protocols and minimizing environmental impact are ongoing challenges.
The pandemic`s impact on industries using chromium fluoride, such as ceramics and metallurgy, had a bearing on the market. Reduced production and changes in industrial activities influenced the demand for this chemical compound.
In the Thailand chromium fluoride market, key players like ChromaFluor Industries, FluorideTech Co., and MetalFinishing Solutions play pivotal roles. ChromaFluor Industries specializes in producing chromium fluoride for industries such as metal finishing, electronics, and ceramics. FluorideTech Co. is a significant supplier of fluoride compounds, including chromium fluoride, catering to diverse industrial applications. MetalFinishing Solutions focuses on providing surface treatment solutions, offering chromium fluoride for specialized processes. These key players are integral to Thailand`s industrial advancement by supplying essential chromium fluoride-based products.
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 Thailand Chromium Fluoride Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chromium Fluoride Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Chromium Fluoride Market - Industry Life Cycle |
3.4 Thailand Chromium Fluoride Market - Porter's Five Forces |
3.5 Thailand Chromium Fluoride Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Thailand Chromium Fluoride Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Thailand Chromium Fluoride Market Revenues & Volume Share, By End-use industry, 2021 & 2031F |
4 Thailand Chromium Fluoride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for chromium fluoride in the manufacturing of aluminum alloys and stainless steel |
4.2.2 Growth in the electronics industry, where chromium fluoride is used in the production of electronic components |
4.2.3 Rising investments in research and development activities to improve the properties of chromium fluoride |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of chromium fluoride |
4.3.2 Stringent regulations regarding the disposal of chromium-containing waste |
4.3.3 Competition from alternative products in the market, such as zirconium fluoride |
5 Thailand Chromium Fluoride Market Trends |
6 Thailand Chromium Fluoride Market, By Types |
6.1 Thailand Chromium Fluoride Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chromium Fluoride Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Thailand Chromium Fluoride Market Revenues & Volume, By Lump, 2021-2031F |
6.1.4 Thailand Chromium Fluoride Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Thailand Chromium Fluoride Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chromium Fluoride Market Revenues & Volume, By Solar Cells, 2021-2031F |
6.2.3 Thailand Chromium Fluoride Market Revenues & Volume, By Photo-resistor, 2021-2031F |
6.2.4 Thailand Chromium Fluoride Market Revenues & Volume, By Photo-catalyst, 2021-2031F |
6.2.5 Thailand Chromium Fluoride Market Revenues & Volume, By Florescent Powder, 2021-2031F |
6.2.6 Thailand Chromium Fluoride Market Revenues & Volume, By Laboratory Reagent, 2021-2031F |
6.2.7 Thailand Chromium Fluoride Market Revenues & Volume, By Additive in Chemical Production, 2021-2031F |
6.3 Thailand Chromium Fluoride Market, By End-use industry |
6.3.1 Overview and Analysis |
6.3.2 Thailand Chromium Fluoride Market Revenues & Volume, By Pigments and coatings, 2021-2031F |
6.3.3 Thailand Chromium Fluoride Market Revenues & Volume, By Electricals and electronics, 2021-2031F |
6.3.4 Thailand Chromium Fluoride Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.5 Thailand Chromium Fluoride Market Revenues & Volume, By Glass, optical and laser material, 2021-2031F |
6.3.6 Thailand Chromium Fluoride Market Revenues & Volume, By Fine art materials, 2021-2031F |
6.3.7 Thailand Chromium Fluoride Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Chromium Fluoride Market Import-Export Trade Statistics |
7.1 Thailand Chromium Fluoride Market Export to Major Countries |
7.2 Thailand Chromium Fluoride Market Imports from Major Countries |
8 Thailand Chromium Fluoride Market Key Performance Indicators |
8.1 Number of research collaborations or partnerships focused on advancing chromium fluoride technology |
8.2 Percentage of manufacturers using sustainable practices in chromium fluoride production |
8.3 Adoption rate of chromium fluoride in new applications or industries |
8.4 Level of investment in infrastructure for chromium fluoride production and distribution |
8.5 Rate of technological advancements in the synthesis and purification of chromium fluoride |
9 Thailand Chromium Fluoride Market - Opportunity Assessment |
9.1 Thailand Chromium Fluoride Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Thailand Chromium Fluoride Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Thailand Chromium Fluoride Market Opportunity Assessment, By End-use industry, 2021 & 2031F |
10 Thailand Chromium Fluoride Market - Competitive Landscape |
10.1 Thailand Chromium Fluoride Market Revenue Share, By Companies, 2024 |
10.2 Thailand Chromium Fluoride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |