Chromium Alum Market
The market for Chromium Alum was estimated at $326 million in 2024; it is anticipated to increase to $450 million by 2030, with projections indicating growth to around $588 million by 2035.
Global Chromium Alum Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Chromium Alum industry revenue is expected to be around $344.2 million in 2025 and expected to showcase growth with 5.5% CAGR between 2025 and 2034. The increasing demand for Chromium Alum highlights its importance in industries worldwide as it offers exceptional properties suited for various applications such as textiles and pharmaceuticals, with the Asia Pacific region emerging as a significant consumer market. Additionally the sustainability and effectiveness of Chromium Alum play roles in maintaining its relevance in a market influenced by changing regulations focusing more on eco friendly practices.
Chromium Alum is well regarded for its ability to dissolve easily in water and its durability; it is commonly found in a range of products used by consumers and industries alike. It plays a role in the textile industry as a mordant that improves the attachment of dyes and is also utilized in pharmaceuticals for its antibacterial properties as an astringent and antiseptic. In times though there has been an increasing trend towards using it in water treatment processes due, to government efforts aimed at ensuring clean water and enforcing strict environmental regulations.
Market Key Insights
- The Chromium Alum market is projected to grow from $326.3 million in 2024 to $557 million in 2034. This represents a CAGR of 5.5%, reflecting rising demand across Tanning Industry, Photographic Processing and Paper Production.
- BASF SE, Honeywell International Inc, Albemarle Corporation are among the leading players in this market, shaping its competitive landscape.
- China and U.S. are the top markets within the Chromium Alum market and are expected to observe the growth CAGR of 3.6% to 5.3% between 2024 and 2030.
- Emerging markets including Brazil, Thailand and South Africa are expected to observe highest growth with CAGR ranging between 6.3% to 7.6%.
- Transition like Transition to Eco-Friendly Processes has greater influence in China and United States market's value chain; and is expected to add $14 million of additional value to Chromium Alum industry revenue by 2030.
- The Chromium Alum market is set to add $231 million between 2024 and 2034, with manufacturer targeting Textile Manufacturing & Water Treatment Application projected to gain a larger market share.
- With Rising demand in tanning industry, and Application in water treatment, Chromium Alum market to expand 71% between 2024 and 2034.