![]() ![]() However, the fluctuating prices of different raw materials used to manufacture chromium phosphate has negatively impacted the market. Furthermore, chromium phosphate is used in the pharmaceutical industry for the manufactures of drugs for leukemia, arthritis, and haemangioma. Moreover, chromium phosphate is used as a catalyst in several chemical reactions such as dehydration of alcohols to ethers and is used in polymer industry to produce laminated structures for dampening motor noise and vibrations. It is applied on different surfaces by several methods such as electroplating, immersing, or by spraying the solution. Apart from architectural coatings, chromium phosphate is converted into consistent films applied on metals that are frequently used in manufacturing and utility such as zinc, aluminum, and their alloys. Rapid increase in urbanization across the world has escalated the demand for architectural coatings, which acts as a major driver of the global chromium phosphate market. Top impacting factors: market scenario analysis, trends, drivers, and impact analysis This has affected the operations of the chromium phosphate manufacturers. Owing to restrictions imposed on transportation in different countries, the supply chain has been disrupted, thereby affecting the transportation of raw materials to the manufacturers as well as the distribution of finished products into the market.The construction industry, which is a major end-user industry of the chromium phosphate market has been severely affected due to the pandemic, and thus has a severe impact on the demand for chromium phosphate.The outbreak of the COVID-19 pandemic across the globe has severe impact on the global chromium phosphate market. Moreover, chromium phosphate is used as catalyst in various polymer industries and is used in pharmaceutical industries. It is majorly used as paints and coatings, due to its superior resistance against corrosion. A number of compounds are used to manufacture chromium phosphate, including ethanol, orthophosphoric acid, and ammonium dichromate and chromium trioxide. Chromium phosphate, chemically known as orthophosphate of phosphoric acid or chromium salt, is an inorganic compound, which is insoluble in water. ![]()
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