Thailand Chromium Oxide Market (2025-2031) Outlook | Industry, Value, Trends, Forecast, Companies, Analysis, Size, Growth, Revenue & Share

Thailand Chromium Oxide Market Synopsis

The chromium oxide market in Thailand was valued at USD 17 million in 2025 and is projected to reach USD 22 million, registering a CAGR of 5.6% over the forecast period. The growth of this industry can be attributed mainly to its use as an abrasive material for grinding wheels, sandpaper, blast media, linings & coatings among others. In addition, there has been an increasing demand from automotive manufacturers who use it for colorant pigment applications or chemical conversions coatings which further boosts its value chain.

Drivers of the Market

The chromium oxide market in Thailand is driven by its use in various industries, including ceramics, paints, and metallurgy. Chromium oxide is valued for its pigmentation and corrosion-resistant properties. The growth of construction, manufacturing, and automotive sectors influences the demand for products where chromium oxide is utilized for its functional and aesthetic attributes.

Challenges of the Market

Challenges in the chromium oxide market include market competition and sustainability concerns. Competing with other pigment options and addressing environmental considerations related to chromium compounds` production and disposal are key challenges for companies in the market.

COVID-19 Impact on the Market

Chromium oxide is used in various applications, including pigments, coatings, and ceramics. The pandemic`s impact on manufacturing and construction sectors could have affected demand for products utilizing chromium oxide. As these sectors gradually recover, the market for chromium oxide is likely to stabilize.

Key Players in the Market

Chromium oxide is used in various applications, including pigments and ceramics. Key players in the chromium oxide market in Thailand include companies like Lanxess AG, Elementis Plc, and Hunter Chemical LLC, offering a range of chromium oxide products for different industries.

Key Highlights of the Report:

• Thailand Chromium Oxide Market Outlook
• Market Size of Thailand Chromium Oxide Market, 2024
• Forecast of Thailand Chromium Oxide Market, 2031
• Historical Data and Forecast of Thailand Chromium Oxide Revenues & Volume for the Period 2021-2031
• Thailand Chromium Oxide Market Trend Evolution
• Thailand Chromium Oxide Market Drivers and Challenges
• Thailand Chromium Oxide Price Trends
• Thailand Chromium Oxide Porter's Five Forces
• Thailand Chromium Oxide Industry Life Cycle
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Form for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Powder for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Pellets for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Pieces for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Grade for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Pigment grade for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Refractory grade for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Metallurgy grade for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Abrasive grade for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Glass for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Inks for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Paints and coatings for the Period 2021-2031
• Historical Data and Forecast of Thailand Chromium Oxide Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Chromium Oxide Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Grade
• Market Opportunity Assessment By Application
• Thailand Chromium Oxide Top Companies Market Share
• Thailand Chromium Oxide Competitive Benchmarking By Technical and Operational Parameters
• Thailand Chromium Oxide Company Profiles
• Thailand Chromium Oxide Key Strategic Recommendations