Chromium Carbide Market - Global Industry Analysis and Forecast 2014-2020

New York, NY -- (ReleaseWire) -- 04/24/2015 -- Chromium carbide also known as trichromium carbide is a grey colored ceramic compound with different chemical compositions and crystal structure. Chromium carbide is corrosion resistant, retains its strength at higher temperature levels and is extremely hard making it preferred additive in metal alloys. Chromium carbide is manufactured through exothermic reaction of aluminum, graphite and chromium oxide. Chromium carbide finds applications in surface treatment, thermal spraying, as an additive in cutting tools, welding electrodes and coating and surfacing among others. Chromium carbide is mixed with Nickel powder to form nickel-chromium matrix which is used in aerospace applications. These metal matrix coatings can be used for machinery, hydraulic valves and rod mandrels among others. Chromium carbide overlay plates are used in variety of applications such as power generation, mining, steel production, cement, waste management, paper and pulp and glass production among others.