According to Cognitive Market Research, The Global Chromium Carbide Powder market size is USD 36.5 million in 2023 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030.
North America Chromium Carbide Powder held the major market of more than 40% of the global revenue with a market size of USD 14.60 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030.
Europe Chromium Carbide Powder accounted for a share of over 30% of the global market size of USD 10.95 million in 2023.
Asia Pacific Chromium Carbide Powder held the market of more than 23% of the global revenue with a market size of USD 8.40 million in 2023 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2023 to 2030.
South America Chromium Carbide Powder market of more than 5% of the global revenue with a market size of USD 1.83 million in 2023 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030.
Middle East and Africa Chromium Carbide Powder held the major market of more than 2% of the global revenue with a market size of USD 0.73 million in 2023 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030.
As an increasing focus on sustainability and cruelty-free practices in the Chromium Carbide Powder market reflects growing consumer demand for eco-friendly and ethically produced cosmetics.
The market for Chromium Carbide Powder continues to be more in demand from ceramic grades.
In 2023, the category with the largest revenue share in the Chromium Carbide Powder market was direct sales.