Global Chromium Mining Market To Expand At CAGR Of 5.23% for the duration of 2016-2020
About Chromium
Chromium is broadly utilised in the production of ferrochrome, which is utilized in the manufacturing of stainless steel. It is obtained from chromite ores, which are of 4 varieties: metallurgical, refractory, foundry, and sand. Some other applications for chromite ore include chemical compounds, specialty steel, and metal chrome. South Africa is the greatest chromium mining nation.
Technavios analysts forecast the global chromium mining marketplace to develop at a CAGR of 5.23% in the course of the period 2016-2020.
Covered in this report
The report covers the present situation and the development prospective customers of the global chromium mining market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed evaluation of the prime eight vendors working in the industry. In addition, the report discusses the key drivers influencing the market place growth and the difficulties faced by the vendors and the marketplace as a complete. It also examines important emerging trends and their influence on recent and future market scenarios.
The market is divided into the following segments based mostly on geography:
Africa
Americas
APAC
Europe and Middle East
Technavio's report, International Chromium Mining Industry 2016-2020, has been ready primarily based on an in-depth market place examination with inputs from market experts. The report covers the industry landscape and its development prospective customers above the coming years. The report also contains a discussion of the essential vendors operating in this market place.
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Crucial vendors
Assmang
Chrometco
ENRC
Ferbasa
Glencore
International Ferro Metals
Samancor Chrome
Yilmaden Holding
Market driver
Boost in demand from stainless steel marketplace
For a complete, comprehensive list, view our report
Marketplace challenge
Declining refractory chromite consumption
For a total, comprehensive listing, view our report
Market trend
Growing exploration in chromium mining sector
For a complete, detailed checklist, see our report
Key questions answered in this report
What will the market place size be in 2020 and what will the growth rate be?
What are the important market place trends?
What is driving this market?
What are the issues to marketplace growth?
Who are the crucial vendors in this market room?
site What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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