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Sodium Dichromate Market Size
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.
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.
How big is the sodium dichromate market?
The global market size for sodium dichromate was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.5 billion by 2034, driven by a CAGR of over 5.1% during the forecast period due to rising demand in metal finishing and surface treatment applications.
What is the market share of metal finishing in the sodium dichromate industry?
Metal finishing accounted for a 29.5% market share in 2024, driven by its critical role in enhancing the durability, corrosion resistance, and aesthetic appeal of metal components across industries like automotive, aerospace, and construction.
How much is the U.S. sodium dichromate market worth?
The U.S. market generated USD 321.8 million in 2024, driven by strong demand from industries such as metal finishing, chemical manufacturing, and leather processing, alongside advancements in surface treatment technologies.
Who are the major players in the sodium dichromate industry?
Major players in the industry include AD International, Brother Enterprises, Choice Organochem, Chongqing Changyuan, Dhairya International, Minfeng Chemical, Nippon Chemical Industrial, TNJ Chemical, Vishnu Chemicals, and Yinhe Group.