Market Overview:
The global ferro silicon zirconium market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ferro silicon zirconium from various end-use industries, such as welding material, spraying, and powder metallurgy. In terms of volume, Asia Pacific is expected to lead the global market during the forecast period.
Product Definition:
Ferro Silicon Zirconium is a ferroalloy made up of zirconium, iron, and silicon. It is used as an additive in steelmaking to improve its strength and resistance to wear and tear.
Zr45%-55%:
Zirconium (Zr) is a chemical element that is a metal with no real analog on Earth. It has an atomic number of 46 and an atomic weight of 55. The most common isotopes of Zr45%-55% are zircon (Zr(SiO4)2), zirconolite (ZrO(OH)2), and zirconic acid (H3SiO6).
Zr35%-45%:
Zr35%-45% is a type of zirconium silicate. It has high viscosity and low water absorption. Zr35%-45% can be used as an additive in ferro silicon zirconium (FSSZ) production process, which helps to improve the quality of the product and reduce manufacturing costs by controlling formation time and reducing waste generation.
Application Insights:
The global ferro silicon zirconium market is segmented on the basis of application into welding material, spraying, powder metallurgy and others. The welding material segment accounted for a major share in 2017 and this trend is expected to continue over the forecast period. This can be attributed to increasing demand from construction industry for gas & steam pipe fittings as well as structural components.
Spraying was another prominent application in 2017 owing to its use in various industries including automotive, building & construction and aerospace among others. It finds applications where high thermal conductivity is required along with good wear resistance such as aluminum alloys which are used for coating purposes of automobiles or aircrafts among other industrial uses such as machinery coatings or metal plating applications.
Regional Analysis:
Asia Pacific dominated the global ferro silicon zirconium market in 2016 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Nippon Steel & Sumitomo Metal Corporation and rising demand from end-use industries such as automotive, aerospace, defense are some of the major factors contributing to regional growth.
The growing population in Asia Pacific has led to an increase in consumer spending on household goods including refrigerators, washing machines, air conditioners and other appliances. This is expected to drive product demand from 2017 on wards due to increased consumption of zirconium for manufacturing parts used by consumers.
Europe was a significant region accounting for over 20% revenue share in 2016 owing high consumption volumes from powder metallurgy applications along with low import prices for ferro silicon zirconium compared with that of steelmaking raw materials; this resulted into higher sales volume across Europe despite lower revenues than North America or Asia Pacific regions.
Growth Factors:
- Growing demand from the automotive and aerospace industries for ferro silicon zirconium as a deoxidizer and alloying agent is expected to drive the market growth.
- Increasing demand for ferro silicon zirconium in foundries and steel mills owing to its properties such as low melting point, good fluidity, and resistance to oxidation is anticipated to boost the market growth.
- Rising consumption of ferro silicon zirconium in castings, forgings, wires, electrodes, and other metal products due to its excellent mechanical properties is likely to propel the market growth over the forecast period.
- Growing investments in research & development activities by key players for developing new applications of ferro silicon zirconium is projected to create lucrative opportunities for market players over the next few years.
- Increasing use of ferro silicon zirconium as a flux agent in aluminum alloys manufacturing is estimated fuel the demand during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferro Silicon Zirconium Market Research Report
By Type
Zr45%-55%, Zr35%-45%, Zr30%-40%
By Application
Welding Material, Spraying, Powder Metallurgy
By Companies
Nizi International, Tennant Metallurgical Group, Stanford Advanced Materials, METCAST SERVICES, Anyang Cheegoole, Bisley & Company Pty, Mainborn GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Ferro Silicon Zirconium Market Report Segments:
The global Ferro Silicon Zirconium market is segmented on the basis of:
Types
Zr45%-55%, Zr35%-45%, Zr30%-40%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Welding Material, Spraying, Powder Metallurgy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nizi International
- Tennant Metallurgical Group
- Stanford Advanced Materials
- METCAST SERVICES
- Anyang Cheegoole
- Bisley & Company Pty
- Mainborn GmbH
Highlights of The Ferro Silicon Zirconium Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Zr45%-55%
- Zr35%-45%
- Zr30%-40%
- By Application:
- Welding Material
- Spraying
- Powder Metallurgy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ferro Silicon Zirconium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ferro Silicon Zirconium is a type of alloy that is made up of ferrous silicon and zirconium. This alloy has a high strength-to-weight ratio, making it an ideal material for applications where weight is important, such as aerospace and automotive parts.
Some of the major players in the ferro silicon zirconium market are Nizi International, Tennant Metallurgical Group, Stanford Advanced Materials, METCAST SERVICES, Anyang Cheegoole, Bisley & Company Pty, Mainborn GmbH.
The ferro silicon zirconium market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ferro Silicon Zirconium Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ferro Silicon Zirconium Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ferro Silicon Zirconium Market - Supply Chain
4.5. Global Ferro Silicon Zirconium Market Forecast
4.5.1. Ferro Silicon Zirconium Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ferro Silicon Zirconium Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ferro Silicon Zirconium Market Absolute $ Opportunity
5. Global Ferro Silicon Zirconium Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ferro Silicon Zirconium Market Size and Volume Forecast by Type
5.3.1. Zr45%-55%
5.3.2. Zr35%-45%
5.3.3. Zr30%-40%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ferro Silicon Zirconium Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ferro Silicon Zirconium Market Size and Volume Forecast by Application
6.3.1. Welding Material
6.3.2. Spraying
6.3.3. Powder Metallurgy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ferro Silicon Zirconium Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ferro Silicon Zirconium Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ferro Silicon Zirconium Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ferro Silicon Zirconium Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ferro Silicon Zirconium Demand Share Forecast, 2019-2026
9. North America Ferro Silicon Zirconium Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ferro Silicon Zirconium Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ferro Silicon Zirconium Market Size and Volume Forecast by Application
9.4.1. Welding Material
9.4.2. Spraying
9.4.3. Powder Metallurgy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ferro Silicon Zirconium Market Size and Volume Forecast by Type
9.7.1. Zr45%-55%
9.7.2. Zr35%-45%
9.7.3. Zr30%-40%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ferro Silicon Zirconium Demand Share Forecast, 2019-2026
10. Latin America Ferro Silicon Zirconium Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ferro Silicon Zirconium Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ferro Silicon Zirconium Market Size and Volume Forecast by Application
10.4.1. Welding Material
10.4.2. Spraying
10.4.3. Powder Metallurgy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ferro Silicon Zirconium Market Size and Volume Forecast by Type
10.7.1. Zr45%-55%
10.7.2. Zr35%-45%
10.7.3. Zr30%-40%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ferro Silicon Zirconium Demand Share Forecast, 2019-2026
11. Europe Ferro Silicon Zirconium Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ferro Silicon Zirconium Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ferro Silicon Zirconium Market Size and Volume Forecast by Application
11.4.1. Welding Material
11.4.2. Spraying
11.4.3. Powder Metallurgy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ferro Silicon Zirconium Market Size and Volume Forecast by Type
11.7.1. Zr45%-55%
11.7.2. Zr35%-45%
11.7.3. Zr30%-40%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectios by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ferro Silicon Zirconium Demand Share, 2019-2026
12. Asia Pacific Ferro Silicon Zirconium Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ferro Silicon Zirconium Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ferro Silicon Zirconium Market Size and Volume Forecast by Application
12.4.1. Welding Material
12.4.2. Spraying
12.4.3. Powder Metallurgy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ferro Silicon Zirconium Market Size and Volume Forecast by Type
12.7.1. Zr45%-55%
12.7.2. Zr35%-45%
12.7.3. Zr30%-40%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ferro Silicon Zirconium Demand Share, 2019-2026
13. Middle East & Africa Ferro Silicon Zirconium Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ferro Silicon Zirconium Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ferro Silicon Zirconium Market Size and Volume Forecast by Application
13.4.1. Welding Material
13.4.2. Spraying
13.4.3. Powder Metallurgy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ferro Silicon Zirconium Market Size and Volume Forecast by Type
13.7.1. Zr45%-55%
13.7.2. Zr35%-45%
13.7.3. Zr30%-40%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ferro Silicon Zirconium Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ferro Silicon Zirconium Market: Market Share Analysis
14.2. Ferro Silicon Zirconium Distributors and Customers
14.3. Ferro Silicon Zirconium Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nizi International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tennant Metallurgical Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stanford Advanced Materials
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. METCAST SERVICES
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Anyang Cheegoole
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bisley & Company Pty
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mainborn GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
