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The global sodium dichromate market was valued at USD 1.5 billion in 2024 and is estimated to grow at a CAGR of over 5.1% from 2025 to 2034.
Sodium dichromate, a strong oxidizing compound, is crucial in making various chromium-based products. Its excellent corrosion resistance and chemical stability make it essential in many industrial processes.
Report Attribute | Details |
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Base Year: | 2024 |
Sodium Dichromate Market Size in 2024: | USD 1.5 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2025 - 2034 CAGR: | 5.1% |
2034 Value Projection: | USD 2.5 Billion |
Historical Data for: | 2021 - 2024 |
No. of Pages: | 310 |
Tables, Charts & Figures: | 240 |
Segments covered: | Form, Application, End Use Industry |
Growth Drivers: |
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Pitfalls & Challenges: |
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The growing demand for this chemical in metal finishing and surface treatment is a key market driver. As the automotive, aerospace, and construction industries expand, the need for durable metal components increases. This compound, a precursor to chromic acid, is widely used in metal plating and anodizing to enhance surface resistance to corrosion and wear.
The rising use of this chemical in producing chromium-based pigments and coatings also boosts demand. Chromium pigments provide vibrant and durable colors, making them vital in the paints, coatings, and plastics industries. With urbanization and infrastructure projects on the rise, especially in developing regions, the market for these pigments is expected to grow.
Additionally, its role in chemical manufacturing as an intermediate for other chromium compounds fuels market growth. These downstream products are essential for industries like textiles, catalysts, and glass manufacturing, increasing demand across multiple sectors.