Press release
Ferroalloys Market Size, Share, Development by 2024
To analyze the Ferroalloys 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).
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Ferroalloys, alloys of iron with one or more other elements added to steel melts, are used to impart distinctive qualities to steel or to serve important functions during steel refning, such as control of inclusions, deoxidation, and desulfurization. Ferroalloys are used in lesser amounts to produce cast iron and nonferrous alloys. Ferroalloys can be divided into bulk ferroalloys and noble ferroalloys (also called special or specialty ferroalloys).
Scope of the Report:
Ferroalloys has relatively dispersive and technical barriers are low. Coke and Ore are the main raw materials, there are lots of coke manufacturers and the concentration of coke is dispersive. The main market players are Glencore, Eurasian Resources Group, Tsingshan Holding Group, Samancor Chrome, Erdos Group, etc. The global production of Ferroalloys will increase to 59106 K MT in 2018 from 48045 K MT in 2014 with CAGR of 4.23%.In consumption market, China is the largest areas of Ferroalloys consumption, the consumption volume of Ferroalloys reached 22558 K MT. In 2018, United States and Middle East are in the second and third position and the consumption volume of Ferroalloys reached 4461 K MT and 3425 K MT.
Ferroalloys has many applications, which include Deoxidizer, Desulfurizer and Alloying element additive. Deoxidizer is the main application, the production of Deoxidizer is 41932 K MT in 2018 and occupied 74.25% market share.
The worldwide market for Ferroalloys is expected to grow at a CAGR of roughly 5.2% over the next five years, will reach 74840 million US$ in 2024, from 58170 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Ferroalloys in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Glencore
Eurasian Resources Group
Tsingshan Holding Group
Samancor Chrome
Erdos Group
Jiangsu Delong Nickel Industry
Nikopol Ferroalloy Plant
Shandong Xinhai Technology
Henan Xibao Metallurgy Metarials Group
Sheng Yan Group
Outokumpu
Shengyang Group
OM Holdings
Sakura Ferroalloys
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Silicon Manganese
Ferrochrome
Ferro Nickel
Others
Market Segment by Applications, can be divided into
Deoxidizer
Desulfurizer
Alloying Element Additive
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-ferroalloys-market_p199896.html
Related Information:
North America Ferroalloys Market Growth 2019-2024
United States Ferroalloys Market Growth 2019-2024
Asia-Pacific Ferroalloys Market Growth 2019-2024
Europe Ferroalloys Market Growth 2019-2024
EMEA Ferroalloys Market Growth 2019-2024
Global Ferroalloys Market Growth 2019-2024
China Ferroalloys Market Growth 2019-2024
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