| Product Code: ETC225804 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s chromium mining import shipments in 2024 continued to see a high concentration with top exporting countries being South Africa, Albania, China, Zimbabwe, and Turkey. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 23.64%, showcasing significant expansion in the industry. Furthermore, the growth rate from 2023 to 2024 spiked to 157.44%, underscoring a rapid acceleration in import activities in the chromium mining sector.

India Chromium Mining Market is relatively small as India is not a major producer of chromium. However, the demand for Chromium is increasing due to the growing construction, automotive and aerospace industries. Generally, it is a metallic element that is commonly used in the production of stainless steel, alloy steels, and other corrosion-resistant alloys. Chromium is also used in the production of pigments, refractory materials, and chemicals. Apart from this, the demand for Chromium in the production of corrosion-resistant alloys is augmenting the market growth. On the other hand, the limited availability of high-grade Chromium ore deposits within the country and ack of advanced mining technology and equipment hinders the market expansion for chromium mining.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Chromium Mining Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chromium Mining Market Revenues & Volume, 2021 & 2028F |
3.3 India Chromium Mining Market - Industry Life Cycle |
3.4 India Chromium Mining Market - Porter's Five Forces |
3.5 India Chromium Mining Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 India Chromium Mining Market Revenues & Volume Share, By End-Use, 2021 & 2028F |
4 India Chromium Mining Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Chromium Mining Market Trends |
6 India Chromium Mining Market, By Types |
6.1 India Chromium Mining Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Chromium Mining Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 India Chromium Mining Market Revenues & Volume, By Metallurgical chromite, 2018 - 2028F |
6.1.4 India Chromium Mining Market Revenues & Volume, By Chemical and foundry sand chromite, 2018 - 2028F |
6.1.5 India Chromium Mining Market Revenues & Volume, By Refractory chromite, 2018 - 2028F |
6.2 India Chromium Mining Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 India Chromium Mining Market Revenues & Volume, By Stainless steel, 2018 - 2028F |
6.2.3 India Chromium Mining Market Revenues & Volume, By Alloy steel, 2018 - 2028F |
7 India Chromium Mining Market Import-Export Trade Statistics |
7.1 India Chromium Mining Market Export to Major Countries |
7.2 India Chromium Mining Market Imports from Major Countries |
8 India Chromium Mining Market Key Performance Indicators |
9 India Chromium Mining Market - Opportunity Assessment |
9.1 India Chromium Mining Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 India Chromium Mining Market Opportunity Assessment, By End-Use, 2021 & 2028F |
10 India Chromium Mining Market - Competitive Landscape |
10.1 India Chromium Mining Market Revenue Share, By Companies, 2021 |
10.2 India Chromium Mining Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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