Global Ferrosilicon Market Size study, by Application (Deoxidizer, Inoculants, Others) by End-use (Carbon & Other Alloy Steel, Stainless Steel, Electric Steel, Cast Iron, Others) and Regional Forecasts 2022-2028
- BIZ4983093
- 200 Pages
- June 2022
- Materials and Chemicals
Ferrosilicon is a type of iron-silicon alloy with a silicon content of 15–90% by weight.. Because of its outstanding properties, such as high strength, hardness, corrosion resistance, and high temperature resistance, ferrosilicon is widely used in steel and cast iron applications. Ninety percent of ferrosilicon is utilised in the production of iron and steel. Ferrosilicon is used to inoculate iron to speed up graphitization in the manufacturing of cast iron. Rising ferrosilicon demand in the steel and cast iron industries is likely to drive market expansion over the forecast period. Ferrosilicon is used as a deoxidizer in the steel industry to reduce carbon loss during the manufacturing process. As a result, increasing steel sector investment is likely to boost market expansion. As per company source, In Tangshan, Hebei, China, POSCO began building of a new galvanized steel factory in January 2022, which is jointly owned by HBIS Group. The $600 million plant will produce 900 kilotons of galvanized steel sheets per year and will be sold to the automotive industry. Because of their long life span and great compressive strength, cast iron pipes are also extensively used in plumbing applications. Cast iron pipe makers are expanding their capacity, which means more ferrosilicon is being used. For example, AMERICAN SpiralWeld Pipe Company, a cast iron pipe manufacturer, said in December 2021invested USD 40 million in Richland County, South Carolina to expand its operations. Increased construction investment in China is also expected to promote market growth. However, the availability of alternative ferroalloys will stifle market growth between 2022 and 2028.
The key regions considered for the global Ferrosilicon Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The ferrosilicon market was dominated by Asia Pacific, which accounted for the majority of revenue. Steel production is being boosted by the ferrosilicon market, which is benefiting from the strong potential for infrastructure expansion as well as continuous investment in the vehicle industry. According to the World Steel Association, China, India, and Japan were the top three crude steel producers in the world in 2021. While China and Japan expect production to fall, India expects a 4.7 percent increase from 2020 to 2021. Various steel capacity expansion investments are being made across the area, which is projected to boost market growth during the forecast period.
Major market player included in this report are:
Elkem ASA
Eurasian Resources Group
Ferro Alloys Corporation Limited (FACOR)
FINNFJORD AS
Ferroglobe
IMFA
OM Holdings Ltd.
Russian Ferro-Alloys Inc.
SINOGU CHINA
VBC Ferro Alloys Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Deoxidizer
Inoculants
Others
By End-use
Carbon & Other Alloy Steel
Stainless Steel
Electric Steel
Cast Iron
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Ferrosilicon Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2028 (USD Billion)
1.2.1. Ferrosilicon Market, by Region, 2018-2028 (USD Billion)
1.2.2. Ferrosilicon Market, by Application, 2018-2028 (USD Billion)
1.2.3. Ferrosilicon Market, by End-use, 2018-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ferrosilicon Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ferrosilicon Market Dynamics
3.1. Ferrosilicon Market Impact Analysis (2018-2028)
3.1.1. Market Drivers
3.1.1.1. Surging use of ferrosilicon as a deoxidizer in the steel industry
3.1.1.2. Rising investments in construction industry
3.1.2. Market Challenges
3.1.2.1. Availability of Substitute Ferroalloys
3.1.3. Market Opportunities
3.1.3.1. Rise in Demand for Production of Steel and Metal Alloys
3.1.3.2. Rising demand for renewable energy
Chapter 4. Global Ferrosilicon Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Ferrosilicon Market, by Application
6.1. Market Snapshot
6.2. Global Ferrosilicon Market by Application, Performance - Potential Analysis
6.3. Global Ferrosilicon Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Ferrosilicon Market, Sub Segment Analysis
6.4.1. Deoxidizer
6.4.2. Inoculants
6.4.3. Others
Chapter 7. Global Ferrosilicon Market, by End-use
7.1. Market Snapshot
7.2. Global Ferrosilicon Market by End-use, Performance - Potential Analysis
7.3. Global Ferrosilicon Market Estimates & Forecasts by End-use 2018-2028 (USD Billion)
7.4. Ferrosilicon Market, Sub Segment Analysis
7.4.1. Carbon & Other Alloy Steel
7.4.2. Stainless Steel
7.4.3. Electric Steel
7.4.4. Cast Iron
7.4.5. Others
Chapter 8. Global Ferrosilicon Market, Regional Analysis
8.1. Ferrosilicon Market, Regional Market Snapshot
8.2. North America Ferrosilicon Market
8.2.1. U.S. Ferrosilicon Market
8.2.1.1. Application breakdown estimates & forecasts, 2018-2028
8.2.1.2. End-use breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Ferrosilicon Market
8.3. Europe Ferrosilicon Market Snapshot
8.3.1. U.K. Ferrosilicon Market
8.3.2. Germany Ferrosilicon Market
8.3.3. France Ferrosilicon Market
8.3.4. Spain Ferrosilicon Market
8.3.5. Italy Ferrosilicon Market
8.3.6. Rest of Europe Ferrosilicon Market
8.4. Asia-Pacific Ferrosilicon Market Snapshot
8.4.1. China Ferrosilicon Market
8.4.2. India Ferrosilicon Market
8.4.3. Japan Ferrosilicon Market
8.4.4. Australia Ferrosilicon Market
8.4.5. South Korea Ferrosilicon Market
8.4.6. Rest of Asia Pacific Ferrosilicon Market
8.5. Latin America Ferrosilicon Market Snapshot
8.5.1. Brazil Ferrosilicon Market
8.5.2. Mexico Ferrosilicon Market
8.6. Rest of The World Ferrosilicon Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Elkem ASA
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Eurasian Resources Group
9.2.3. Ferro Alloys Corporation Limited (FACOR)
9.2.4. FINNFJORD AS
9.2.5. Ferroglobe
9.2.6. IMFA
9.2.7. OM Holdings Ltd.
9.2.8. Russian Ferro-Alloys Inc.
9.2.9. SINOGU CHINA
9.2.10. VBC Ferro Alloys Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
TABLE 1. Global Ferrosilicon market, report scope
TABLE 2. Global Ferrosilicon market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Ferrosilicon market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 4. Global Ferrosilicon market estimates & forecasts by End-use 2018-2028 (USD Billion)
TABLE 5. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 1. China Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 2. India Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 3. India Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 4. India Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 5. Japan Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Japan Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 7. Japan Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 8. RoAPAC Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. RoAPAC Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 10. RoAPAC Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 11. Brazil Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Brazil Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 13. Brazil Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 14. Mexico Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Mexico Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 16. Mexico Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. RoLA Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. RoLA Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. RoLA Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Row Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Row Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Row Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. List of secondary sources, used in the study of global Ferrosilicon market
TABLE 24. List of primary sources, used in the study of global Ferrosilicon market
TABLE 25. Years considered for the study
TABLE 26. Exchange rates considered
Similar Reports
Photonic Crystals are attractive optical materials for controlling and manipulating the flow of light. The global market for components and modules using Photonic Crystals indicates a CAGR of 33.1% and is estimated to reach $20.4 billion in 2017.
Nanomaterials possess nanoscale dimensions ranging from 1 to 100 nanometers. They occur naturally or can be engineered with specific properties such as size, shape, surface, and chemistry. Volcanic ash and forest fibers are some of the examples of natural nano...
- Publish Date: September 10, 2016
- $5820
Global molded plastics market was valued at $529,845 million in 2016, and is expected to garner $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. Molded plastics are synthetically produced non-metallic compounds, which can be molded ...
- Publish Date: July 4, 2017
- $5370
