The Global Chromium Oxide Green Market was valued at USD 583 Million in 2024 and is projected to reach USD 847 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2025–2032). This growth is being driven by rising demand from the coatings and ceramics industries, increasing metallurgical applications, and the development of sustainable production processes to meet stringent environmental regulations.

As global industries emphasize durability, heat resistance, and color stability, chromium oxide green (Cr₂O₃) remains a critical inorganic pigment. In this blog, we profile the Top 10 Companies in the Chromium Oxide Green Industry—a mix of chemical giants, specialized pigment manufacturers, and regional leaders shaping the future of this essential market.

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🔟 1. Elementis plc

Headquarters: London, United Kingdom
Key Offering: High-purity Pigment Grade, Metallurgical Grade Chromium Oxide

Elementis is a global specialty chemicals company and a leading producer of chromium chemicals, including chromium oxide green. Their products are renowned for exceptional consistency and performance, serving demanding applications in coatings, plastics, and industrial finishes. The company operates advanced manufacturing facilities with a strong focus on environmental stewardship.

Sustainability Initiatives:

• Investment in closed-loop water systems and waste reduction technologies

• Development of low-dust and heavy-metal-free pigment alternatives

• Commitment to reducing carbon footprint across the production lifecycle

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Chromium Oxide Green Market – View in Detailed Research Report

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9️⃣ 2. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Bayferrox® Chromium Oxide Green pigments

Lanxess is a major player in the pigment market, offering high-quality chromium oxide green under its established Bayferrox brand. The company leverages its extensive expertise in inorganic pigments to provide solutions with excellent lightfastness and chemical resistance for coatings, construction materials, and plastics.

Sustainability Initiatives:

• Implementation of eco-efficient production processes

• Active participation in REACH compliance and product stewardship programs

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8️⃣ 3. Venator Materials PLC (Huntsman)

Headquarters: Wynyard Park, United Kingdom
Key Offering: Diverse range of chromium oxide green pigments

Venator, spun off from Huntsman Corporation, is a leading global chemical company with a significant presence in titanium dioxide and color pigments. Their chromium oxide products are used extensively in construction, industrial coatings, and specialty applications requiring high temperature stability.

Sustainability Initiatives:

• Focus on product innovation to reduce environmental impact

• Commitment to responsible sourcing of raw materials

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7️⃣ 4. Aktyubinsk Chromium Chemicals Plant

Headquarters: Aktobe, Kazakhstan
Key Offering: Chromium Oxide Green, Sodium Bichromate

Aktyubinsk is one of the world’s largest integrated chromium chemical producers, leveraging its access to substantial chromite ore reserves in Kazakhstan. The company is a key supplier of chromium oxide green to markets in Europe, Asia, and the CIS, with a reputation for cost-competitive and reliable supply.

Sustainability Initiatives:

• Modernization of production facilities to improve efficiency and reduce emissions

• Investments in waste processing and by-product utilization

Download FREE Sample Report:
Chromium Oxide Green Market – View in Detailed Research Report

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6️⃣ 5. Midural Group

Headquarters: Moscow, Russia
Key Offering: Chromium oxide, Ferrochrome

Midural Group is a major Russian producer of chromium-based chemicals and alloys. The company’s vertically integrated operations, from chromite mining to chemical processing, provide a stable supply chain for chromium oxide green, primarily serving the domestic market and neighboring countries.

Sustainability Initiatives:

• Adherence to national environmental standards and regulations

• Focus on occupational health and safety improvements

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5️⃣ 6. Chongqing Minfeng Chemical Co., Ltd.

Headquarters: Chongqing, China
Key Offering: Chromium Oxide Green, Chromium Sulphate

Chongqing Minfeng Chemical is a leading Chinese manufacturer of chromium chemicals, playing a significant role in supplying the vast domestic market. The company benefits from proximity to raw materials and growing demand from China’s robust manufacturing and construction sectors.

Sustainability Initiatives:

• Adoption of improved pollution control technologies

• Exploration of recycling processes for chromium-containing waste

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4️⃣ 7. Sun Chemical Corporation

Headquarters: Parsippany, New Jersey, USA
Key Offering: Performance Pigments including Chromium Oxide Green

Sun Chemical, a subsidiary of DIC Corporation, is a global leader in printing inks, coatings, and pigments. The company offers chromium oxide green as part of its broad portfolio of performance pigments, serving diverse applications from packaging to industrial coatings.

Sustainability Initiatives:

• Development of sustainable pigment solutions and bio-based alternatives

• Commitment to reducing VOC emissions and improving energy efficiency

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3️⃣ 8. Huangshi Zhenhua Chemical Co., Ltd.

Headquarters: Hubei, China
Key Offering: Chromium Oxide Green, Potassium Dichromate

Huangshi Zhenhua Chemical is a significant producer in China’s chromium chemicals sector. The company has extensive experience in chromate production and has developed a strong market position for its chromium oxide green products, both domestically and through export channels.

Sustainability Initiatives:

• Implementation of cleaner production techniques

• Compliance with evolving Chinese environmental policies

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2️⃣ 9. Sichuan Yinhe Chemical Co., Ltd.

Headquarters: Sichuan, China
Key Offering: Chromium salts, Chromium Oxide Green

Sichuan Yinhe Chemical is a key player in the Western China chromium chemicals market. The company’s strategic location provides access to regional chromite resources and growing industrial demand, making it an important supplier for domestic and Asian markets.

Sustainability Initiatives:

• Investment in wastewater treatment and solid waste management

• Focus on process optimization to minimize resource consumption

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1️⃣ 10. Soda Sanayii A.S.

Headquarters: Istanbul, Turkey
Key Offering: Chromium Chemicals, Soda Ash

Soda Sanayii is Turkey’s leading chemical producer and a notable supplier of chromium-based chemicals in the EMEA region. The company’s integrated production facilities and strategic geographic position make it a reliable partner for European and Middle Eastern customers.

Sustainability Initiatives:

• Adoption of international environmental management standards

• Investment in renewable energy for production processes

Get Full Report Here:
Chromium Oxide Green Market – View in Detailed Research Report

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🌍 Outlook: The Future of Chromium Oxide Green Is Sustainable and High-Performance

The chromium oxide green market is undergoing a significant transformation. While traditional applications continue to drive volume, the industry is increasingly focused on sustainable production methods, product innovation, and meeting stringent regulatory requirements across global markets.

📈 Key Trends Shaping the Market:

• Increasing demand for high-performance pigments in automotive and industrial coatings

• Regulatory push for environmentally compliant production processes and waste management

• Development of micronized and surface-treated grades for enhanced performance

• Geographic expansion into emerging markets with growing industrial bases

Get Full Report Here:
Chromium Oxide Green Market – View in Detailed Research Report

The companies listed above are not only supplying essential pigments—they’re driving the innovation and sustainability of the global chemical industry.