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Global Ferro Chrome Market, Share, Growth 2019-2024

03-29-2019 08:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Accurate Research Goal LLP

/ PR Agency: Ferro Chrome Market
RESEARCH GOAL

RESEARCH GOAL

Ferro Chrome is an alloy of chromium and iron containing between 50% and 70% chromium. The Producer of stainless steel & tool steel are the largest consumer of ferrochrome and charge chrome. It is chromium that confers upon stainless steel its remarkable corrosion resistance.

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Ferro Chrome production has relatively dispersive and technical barriers are low. The main market players are Glencore-Merafe, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, IFM, FACOR, Mintal Group, Tata Steel, IMFA, Shanxi Jiang County Minmetal, Jilin Ferro Alloys, Ehui Group and Outokumpuetc. The global production of Ferro Chrome increased to 12136 K MT in 2016 from 9512 K MT in 2011 with CAGR of 4.99%.
In consumption market, the China is also the largest areas of Ferro Chrome consumption with CAGR 8.03% from 2011 to 2016. In 2015, the Asia (Ex China and India) and Europe are in the second and third position and the consumption volume of Ferro Chrome reached 2368 K MT and 1944 K MT. In 2015, China occupied 54.86%, Europe occupied 16.93% and the Asia (Ex China and India) occupied 18.33%. The three regions are the main Ferro Chrome consumption regions.

According to this study, over the next five years the Ferro Chrome market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 14200 million by 2024, from US$ 11800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ferro Chrome business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferro Chrome market by product type, application, key manufacturers and key regions and countries.

This study considers the Ferro Chrome value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Carboon Type
Low Carbon Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Stainless Steel
Engineering & alloy steel
Other Steels

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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Glencore-Merafe
Eurasian Resources Group
Samancor Chrome
Hernic Ferrochrome
IFM
FACOR
Mintal Group
Tata Steel
IMFA
Shanxi Jiang County Minmetal
Jilin Ferro Alloys
Ehui Group
Outokumpu

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ferro Chrome consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ferro Chrome market by identifying its various subsegments.

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Focuses on the key global Ferro Chrome manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ferro Chrome with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ferro Chrome submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

About us
Researchgoal Market Insights is a leading market intelligence company that Sales reports of top publishers in the technology industry.

Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. Researchgoal Market Insights also specializes in analyzing hi-tech systems and current processing systems in its expertise.

We have a team of experts that compile precise research reports and actively advise top companies to improve their existing processes. Our experts have extensive experience in the topics that they cover.

Researchgoal Market Insights provides you the full spectrum of services related to market research, and corroborate with the clients to increase the revenue stream, and address process gaps.

Contact US-
Accurate Research Goal LLP
Office SNO62/1/1A , Baner
Pune, MH, India - 411027.

Tel: +91 9260000035

Email: sales@researchgoal.com

Website: www.researchgoal.com

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