Growth in the Steel Industry to Stimulate Market Growth

San Francisco, California, May 16, 2018: Intense competition and continuous upsurge in the business demands are mandating the market participants to come up with new deliverables that are innovative and services at competitive rates, notes TMR Research in this market research report. The report bearing the title, “Chromium Carbide Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” delves into the past, current and future scenario of the said market.

Chromium carbide is used in many different applications across the globe. Due to its resistance to corrosion and extreme hardness, it is often used as wear resistant coating. Furthermore, the refractory nature of chromium carbide, it can be resistant to wear even at high temperatures. Chromium carbide is experiencing a surge in its applications across various industries such as energy, construction, and the mining industry all over the world.

On the basis of regional segmentation, the said market is categorized into the major geographies of Americas, the Middle East and Africa, Asia Pacific, and Europe. China has been forecasted to sustain its leading position in world with regards to the consumption of both chromium carbide and steel, in the steel industry.

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LTS Research Laboratories, Inc., OC Oerlikon Corporation AG, Alfa Aesar, ZhuZhou GuangYuan Cemented Material Co., Ltd, Pfäffikon, Strem Chemicals, Inc., Changsha Langfeng Metallic Material Co.,Ltd., H.C. Starck GmbH, American Elements, Inframat Corporation, Praxair S.T. Technology, Inc., Sigma-Aldrich Co. LLC., ESPICorp Inc., Reade International Corp., Nanoshel LLC, and NewMet Ltd. are some of the leading players in global chromium carbide market. These market players are forecasted to engage in research and development work so as to attain prominence across the said market.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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