Materials and Chemicals Chromium Powder Market by Reports and Data | Page 2

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Chromium Powder Market To Reach USD 73.1 Million By 2026
Rising demand for chromium powder from the alloy industry is estimated to stimulate market growth.
Market Size – USD 62.0 million in 2018, Market Growth - CAGR of 2.0%, Market Trends – Growing
demand for chromium alloy from Asia Pacific region
The global chromium powder market is expected to reach USD 73.1 Million by 2026, according to a new
report by Reports and Data. Chromium powder is a crucial constituent in many industrial materials owing
to its unique features. Some of the applications comprise stainless steel, aluminum alloys, and electronics.
It is also a necessary element in many super alloys, which are essential to the aerospace and nuclear power
industries. Of late, chromium ion plating has become an environmentally sound alternative to traditional
chromium plating methods.
Additionally, chromium powder finds application where high surface areas are preferred like water
treatment and in solar and fuel cells applications.
High-grade stainless steels, having chromium as a vital constituent, are critical to the safe and
environmentally sound operation of chemical plants, food processing operations, nuclear power
generation facilities, and other important industries. Chromium is used to harden steel, for the production
of stainless steel and several useful alloys. Depending on the class of stainless steel, the chromium content
varies from 10% to 27% to improve the hardness as well as resistance to oxidation. It is also employed to
impart an emerald green color to the glass.
Adverse effects of chromium powder on human health owing to the carcinogenic properties of chromium
may create hindrances in the growth of the market in the forecast period. The Occupational Safety and
Health Administration (OSHA) has recommended an 8-hour time-weighted average (TWA) exposure limit
of 5 micrograms of Cr (VI) per cubic meter of air (5 µg/m³). The National Institute for Occupational Safety
and Health (NIOSH) has suggested a 10-hour TWA exposure limit for all Cr (VI) compounds of 1µg Cr
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