Press release
Global Ferrochrome Market Report Future Prospects, Growth, Outlook and Forecast 2020-2027
From an insight perspective, this research report has focused on various levels of analysis—industry trends analysis, top players analysis, company profiles, which discuss the basic views on the competitive landscape, emerging and high-growth segments of Ferrochrome market, and high-growth regions; and drivers, restraints, challenges, and opportunities pertaining to Ferrochrome market.
Chromite suppliers are concentrated in South Africa, Kazakhstan, India, Turkey, and Zimbabwe, as these countries have large chromite reserves. The global Ferrochrome market size is expected to gain market growth in the forecast period of 2020 to 2026, with a CAGR of 9.7% in the forecast period of 2020 to 2026 and will be expected to reach USD 21477 million by 2026.
Ferrochrome also called ferro chrome, or charge chrome, is a type of chromium and iron alloy, it is an essential ingredient in producing stainless and specialty steels. Stainless steel is widely used in the construction industry because of its appearance and corrosion resistance.
Due to the strong demand of the construction industry, the global stainless steel production is expected to show considerable growth in the next few years. South African manufacturers will, however, face the challenge of inadequate power supply because ferrochrome manufacturing is an energy-intensive process. Moreover, power shortages and high electricity prices in South Africa in the past few years have adversely affected the production of ferrochrome.
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Key participants
Key global participants in the Ferrochrome market include:
Outokumpu
Ehui Group
Eurasian Resources Group
Mintal Group
Samancor Chrome
FACOR
IMFA
Hernic Ferrochrome
Jilin Ferro Alloys
Tata Steel
IFM
Shanxi Jiang County Minmetal
Glencore-Merafe
Ferrochrome Application Abstract
The Ferrochrome is commonly used into:
Stainless steel
Engineering & alloy steel
Other
Worldwide FerrochromeMarket by Type:
High Carbon Type
Low Carbon Type
Other
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Ferrochrome Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Ferrochrome Market by Types
4 Segmentation of Ferrochrome Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Ferrochrome Market in Major Countries
7 North America Ferrochrome Landscape Analysis
8 Europe Ferrochrome Landscape Analysis
9 Asia Pacific Ferrochrome Landscape Analysis
10 Latin America, Middle East & Africa Ferrochrome Landscape Analysis
11 Major Players Profile
…
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Key Regions Overview
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
Audience:
• Ferrochrome manufacturers
• Ferrochrome traders, distributors, and suppliers
• Ferrochrome industry associations
• Product managers, Ferrochrome industry administrator, C-level executives of the industries
• Market Research and consulting firms
Report Spotlights
Detailed overview of market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprints
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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