| Product Code: ETC200436 | Publication Date: Jul 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 chromium hydroxide sulfate market's import shipment demonstrated robust growth from 2020 to 2024, with a notable CAGR of 10.3%. Momentum accelerated further between 2023 and 2024, showing a growth rate of 30.8%. The market expanded significantly, indicating a strong upward trend during the period.
India is one of the largest producers and consumers of chromium hydroxide sulfate (CHS). It is a chemical compound used in various industries such as paper & pulp, water treatment, leather tanning, textile dyeing, and others. India has witnessed a steady growth in its CHS market over the past few years owing to its increasing applications across different industries. The rising demand for quality products from end-user sectors has further boosted the demand for high-quality CHS in India.
The primary driver for growth of the India chromium hydroxide sulfate (CHS) market includes an increase in industrialization activities that have resulted in higher consumption of chemicals across multiple sectors like textiles, leather processing etc., leading to increased usage of CHS products. This also allows manufacturers to expand their product portfolio by offering customized formulations based on customer requirements thereby driving further demand from customers. Additionally, government initiatives supporting green manufacturing processes coupled with favorable regulatory policies are expected to fuel growth.
One major challenge faced by manufacturers operating within this industry is lack of technical expertise which limits them from developing high quality products at competitive prices thus affecting overall performance especially when it comes to meeting global standards or expanding into new markets overseas. Additionally volatility in raw material prices coupled with growing environmental concerns associated with improper waste disposal could hamper future prospects as well.
Some major players competing within this industry include Heubach Corporation Pvt Ltd., Sandhya Group Of Companies , Microtek Laboratories Pvt Ltd., Shan Chemicals , Magma International Private Limited among many others who offer different grades and compositions specific according to customer requirements.
Due to Covid 19 pandemic most industrial production units were forced shut down resulting lower product demand impacting sales revenue generated by these companies significantly. Furthermore disruption caused due several supply chain issues led to shortage raw materials ultimately hampering production capabilities causing delays shipments orders placed clients globally also had adverse impact profits margins bottom lines several key players business operations throughout 2025 until situation normalize early 2025 resumption normalcy still remains uncertain factor hindering potential emergence vibrant sector near term future outlook remain cautiously optimistic while hoping best better times ahead post pandemic world order resumes place soon possible.
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 Chromium Hydroxide Sulfate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chromium Hydroxide Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 India Chromium Hydroxide Sulfate Market - Industry Life Cycle |
3.4 India Chromium Hydroxide Sulfate Market - Porter's Five Forces |
3.5 India Chromium Hydroxide Sulfate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Chromium Hydroxide Sulfate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Chromium Hydroxide Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for chromium hydroxide sulfate in the leather tanning industry due to its effectiveness in producing high-quality leather products. |
4.2.2 Growing adoption of chromium hydroxide sulfate in the textile industry for dyeing applications, driven by the expanding textile manufacturing sector in India. |
4.2.3 Rising awareness about the benefits of using chromium hydroxide sulfate in water treatment processes, leading to its increased utilization in the water purification industry. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of chromium hydroxide sulfate, impacting the overall production cost and profitability. |
4.3.2 Stringent environmental regulations related to the disposal of chromium-containing waste, posing challenges for manufacturers in the market. |
4.3.3 Intense competition from alternative chemicals and substitutes that offer similar functionalities, affecting the market penetration of chromium hydroxide sulfate. |
5 India Chromium Hydroxide Sulfate Market Trends |
6 India Chromium Hydroxide Sulfate Market, By Types |
6.1 India Chromium Hydroxide Sulfate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Pigment Grade, 2021-2031F |
6.1.4 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Metallurgical Grade, 2021-2031F |
6.1.5 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Refractory Grade, 2021-2031F |
6.1.6 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Chromium Hydroxide Sulfate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Leather, 2021-2031F |
6.2.3 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Ceramics, 2021-2031F |
6.2.4 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.5 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.2.6 India Chromium Hydroxide Sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 India Chromium Hydroxide Sulfate Market Import-Export Trade Statistics |
7.1 India Chromium Hydroxide Sulfate Market Export to Major Countries |
7.2 India Chromium Hydroxide Sulfate Market Imports from Major Countries |
8 India Chromium Hydroxide Sulfate Market Key Performance Indicators |
8.1 Percentage increase in the adoption of chromium hydroxide sulfate in new industrial applications. |
8.2 Rate of growth in the number of research and development initiatives focused on enhancing the efficiency and sustainability of chromium hydroxide sulfate production processes. |
8.3 Level of compliance with environmental regulations and standards by chromium hydroxide sulfate manufacturers in India. |
9 India Chromium Hydroxide Sulfate Market - Opportunity Assessment |
9.1 India Chromium Hydroxide Sulfate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Chromium Hydroxide Sulfate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Chromium Hydroxide Sulfate Market - Competitive Landscape |
10.1 India Chromium Hydroxide Sulfate Market Revenue Share, By Companies, 2024 |
10.2 India Chromium Hydroxide Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |