Press release
Atomized Ferrosilicon Market to Witness Robust Expansion by 2023
Atomized ferro silicon powder is a high-tech product. With low oxygen content, spherical particle shape, spreading and excellent fluidity characteristics, the atomized ferro silicon can not be matched or replaced by the common ferro silicon. The spherical particle ensures its proper blending in the welding flux.
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Global Atomized Ferrosilicon Market: Forecast by Type / Application / Region
Atomized Ferrosilicon industry is concentrated relatively. Currently, there are many producing companies in the world Atomized Ferrosilicon industry. The main market players are M & M Alloys, Imexsar, Sinoferro, Anyang Xinchuang Metallurgy Material, DMS Powders and Westbrook Resources Ltd. The poduction of Atomized Ferrosilicon will increase to 62 K MT in 2017 from 49 K MT in 2012 with average growth rate of 5.05%.
In consumption market, China, Middle East and Africa and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these three regions occupied 71.90% of the global consumption volume in total.
The major raw materials for Atomized Ferrosilicon are iron ore or iron/steel and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of Atomized Ferrosilicon. The production cost of Atomized Ferrosilicon is also an important factor which could impact the price of Atomized Ferrosilicon.
Over the next five years, LPI(LP Information) projects that Atomized Ferrosilicon will register a 2.6% CAGR in terms of revenue, reach US$ 55 million by 2023, from US$ 49 million in 2017.
Global Atomized Ferrosilicon Market: Key Players
M & M Alloys
Imexsar
Sinoferro
Anyang Xinchuang Metallurgy Material
DMS Powders
Westbrook Resources Ltd
Exxaro
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Related Information:
United States Atomized Ferrosilicon Market Research Report 2018
Europe Atomized Ferrosilicon Market Research Report 2018
North America Atomized Ferrosilicon Market Research Report 2018
Asia-Pacific Atomized Ferrosilicon Market Research Report 2018
China Atomized Ferrosilicon Market Research Report 2018
EMEA Atomized Ferrosilicon Market Research Report 2018
Global Atomized Ferrosilicon Market Research Report 2018
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