Market Overview:
The global bulk ferroalloys market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ferroalloys from the iron and steel industry, as well as other applications such as alloys, wires, and others. Ferrosilicon is the most commonly used type of bulk ferroalloy and is expected to dominate the market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of revenue growth, followed by Europe.
Product Definition:
A bulk ferroalloy is a material consisting of two or more elements, at least one of which is a metal, that are combined in order to improve the physical or chemical properties of the alloy. Bulk ferroalloys are important for several reasons. First, they can be used to improve the strength and toughness of metals. Second, they can help reduce costs by improving the efficiency of manufacturing processes.
Ferrosilicon:
Ferrosilicon is a ferric hydroxide-based alloy and has the composition of FeSi2. It occurs in nature as the mineral sylferite. Ferrosilicon exhibits properties such as corrosion resistance, high melting point, electrical resistivity and hardness. These properties have made it useful in manufacturing various products such as automotive parts, kitchen utensils, tools & hardware and industrial machinery among others over the past few years.
Ferromanganese:
Ferromanganese is an iron manganese alloy and is used in the production of various ferroalloys. It contains about 65% to 70% manganese by weight with the balance made up from iron, nickel, chromium and titanium. Ferromanganese has a high content of carbon along with significant quantities of silicon and oxygen which makes it different from other ferroalloys in terms of composition.
Application Insights:
The iron and steel application segment accounted for the largest volume share of over 50.0% in 2017. The segment is expected to witness growth on account of increasing demand for ferroalloys from construction, automotive and energy sectors coupled with stable production levels in major economies such as China, India and Brazil.
The product has a wide scope of application in the manufacturing process of various steel products including rails, beams, bars & sections (excluding square bars), angles & sections (excluding angle irons) and heavy plates & section among others. The growing demand for these products from infrastructure sector is expected to drive the market over the forecast period.
Increasing investments by governments across various countries to enhance railway infrastructural development are likely to propel industry expansion over next few years thereby driving overall market growth during this period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. The region accounted for a volume share of 68.2% in 2017 owing to increasing demand from end-use industries, such as automotive, construction, consumer goods and electronics. China is projected to remain a key consumer due to its large steel production capacity and growing infrastructure needs across the globe.
The European market consists of major countries including Russia, Germany, Italy and U.K.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing urbanization and industrialization in developing countries
- Rising income levels of consumers in emerging markets
- Proliferation of new applications for ferroalloys in end-use industries
- Technological advancements that improve the performance of ferroalloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Bulk Ferroalloys Market Research Report
By Type
Ferrosilicon, Ferromanganese, Ferrochromium, Others
By Application
Iron And Steel, Alloy, Wire, Other
By Companies
ArcelorMittal, OM Holdings, Sakura Ferroalloys, Pertama Ferroalloys, Tata Steel, NikoPol Ferroalloy Plant, Gulf Ferroalloys Company, BAFA Bahrain, Brahm Group, China Minmetals Corporation, ArcelorMittal, Ferroalloy Corporation, MORTEX Group, Georgian American Alloys, SAIL, OFZ S.A., Vale S.A.
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Bulk Ferroalloys Market Report Segments:
The global Bulk Ferroalloys market is segmented on the basis of:
Types
Ferrosilicon, Ferromanganese, Ferrochromium, Others
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
Iron And Steel, Alloy, Wire, Other
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:
- ArcelorMittal
- OM Holdings
- Sakura Ferroalloys
- Pertama Ferroalloys
- Tata Steel
- NikoPol Ferroalloy Plant
- Gulf Ferroalloys Company
- BAFA Bahrain
- Brahm Group
- China Minmetals Corporation
- ArcelorMittal
- Ferroalloy Corporation
- MORTEX Group
- Georgian American Alloys
- SAIL
- OFZ S.A.
- Vale S.A.
Highlights of The Bulk Ferroalloys 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:
- Ferrosilicon
- Ferromanganese
- Ferrochromium
- Others
- By Application:
- Iron And Steel
- Alloy
- Wire
- Other
- 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 Bulk Ferroalloys 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
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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?
Bulk Ferroalloys are alloys that contain more than 50% ferrous material by weight. They are typically used in applications where high strength and resistance to wear and tear is required, such as armor plating, shipbuilding, and oil drilling equipment.
Some of the major companies in the bulk ferroalloys market are ArcelorMittal, OM Holdings, Sakura Ferroalloys, Pertama Ferroalloys, Tata Steel, NikoPol Ferroalloy Plant, Gulf Ferroalloys Company, BAFA Bahrain, Brahm Group, China Minmetals Corporation, ArcelorMittal, Ferroalloy Corporation, MORTEX Group, Georgian American Alloys, SAIL, OFZ S.A., Vale S.A..
The bulk ferroalloys market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bulk Ferroalloys Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bulk Ferroalloys Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bulk Ferroalloys Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bulk Ferroalloys Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bulk Ferroalloys Market Size & Forecast, 2018-2028
4.5.1 Bulk Ferroalloys Market Size and Y-o-Y Growth
4.5.2 Bulk Ferroalloys Market Absolute $ Opportunity
Chapter 5 Global Bulk Ferroalloys Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bulk Ferroalloys Market Size Forecast by Type
5.2.1 Ferrosilicon
5.2.2 Ferromanganese
5.2.3 Ferrochromium
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bulk Ferroalloys Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bulk Ferroalloys Market Size Forecast by Applications
6.2.1 Iron And Steel
6.2.2 Alloy
6.2.3 Wire
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bulk Ferroalloys Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bulk Ferroalloys Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bulk Ferroalloys Analysis and Forecast
9.1 Introduction
9.2 North America Bulk Ferroalloys Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bulk Ferroalloys Market Size Forecast by Type
9.6.1 Ferrosilicon
9.6.2 Ferromanganese
9.6.3 Ferrochromium
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bulk Ferroalloys Market Size Forecast by Applications
9.10.1 Iron And Steel
9.10.2 Alloy
9.10.3 Wire
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bulk Ferroalloys Analysis and Forecast
10.1 Introduction
10.2 Europe Bulk Ferroalloys Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bulk Ferroalloys Market Size Forecast by Type
10.6.1 Ferrosilicon
10.6.2 Ferromanganese
10.6.3 Ferrochromium
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bulk Ferroalloys Market Size Forecast by Applications
10.10.1 Iron And Steel
10.10.2 Alloy
10.10.3 Wire
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bulk Ferroalloys Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bulk Ferroalloys Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bulk Ferroalloys Market Size Forecast by Type
11.6.1 Ferrosilicon
11.6.2 Ferromanganese
11.6.3 Ferrochromium
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bulk Ferroalloys Market Size Forecast by Applications
11.10.1 Iron And Steel
11.10.2 Alloy
11.10.3 Wire
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bulk Ferroalloys Analysis and Forecast
12.1 Introduction
12.2 Latin America Bulk Ferroalloys Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bulk Ferroalloys Market Size Forecast by Type
12.6.1 Ferrosilicon
12.6.2 Ferromanganese
12.6.3 Ferrochromium
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bulk Ferroalloys Market Size Forecast by Applications
12.10.1 Iron And Steel
12.10.2 Alloy
12.10.3 Wire
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bulk Ferroalloys Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bulk Ferroalloys Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bulk Ferroalloys Market Size Forecast by Type
13.6.1 Ferrosilicon
13.6.2 Ferromanganese
13.6.3 Ferrochromium
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bulk Ferroalloys Market Size Forecast by Applications
13.10.1 Iron And Steel
13.10.2 Alloy
13.10.3 Wire
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bulk Ferroalloys Market: Competitive Dashboard
14.2 Global Bulk Ferroalloys Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 OM Holdings
14.3.3 Sakura Ferroalloys
14.3.4 Pertama Ferroalloys
14.3.5 Tata Steel
14.3.6 NikoPol Ferroalloy Plant
14.3.7 Gulf Ferroalloys Company
14.3.8 BAFA Bahrain
14.3.9 Brahm Group
14.3.10 China Minmetals Corporation
14.3.11 ArcelorMittal
14.3.12 Ferroalloy Corporation
14.3.13 MORTEX Group
14.3.14 Georgian American Alloys
14.3.15 SAIL
14.3.16 OFZ S.A.
14.3.17 Vale S.A.
