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Category: Business and Industry
Date Submitted: 08/27/2015 02:54 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Global Chromium Phosphate Market Analysis, Market Size,
Application Analysis, Regional Outlook, Competitive
Strategies And Forecasts, 2014 To 2020
Industry Insights
Chromium phosphate has been witnessing strong growth on account of increasing demand for
coating materials from major end-use industries. Increasing application scope of chromium
phosphate in medical sector is anticipated to drive the market over the next six years.
Furthermore, growing medical sector across the world is anticipated to boost the demand for
chromium phosphate over the forecast period.
Increasing demand for corrosion inhibitors across the globe is further likely to augment the
market growth over the projected period. Chromium phosphate is also used in architectural
coatings. Increasing demand for architectural coating on account of growing construction sector
is anticipated to augment the market growth over the forecast period.
Browse Detail Report With TOC @ http://www.hexaresearch.com/researchreport/chromium-phosphate-industry/
Owing to the infrastructural development in emerging countries such as India and China,
building & construction sector is on boom and it is expected to boost chromium phosphate
Hexa Research Inc.
Industry Research,Custom Research & Consulting
market over the next six years. However, increasing prices of raw materials coupled with lack of
awareness regarding chromium phosphate benefits is anticipated to impact the market growth
negatively.
Application Insights
Architecture coating is witnessed to be the largest application segment for chromium phosphate
market over the last few years. Chromium phosphate is used in architectural coatings to protect
the design from abrasion and environmental impact. In addition, architecture coating are used in
all kind of furniture to enhance the quality and design of furniture. Growing architectural paints
demand is expected to...