Market Overview:
The global ferro silicon powder 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 powder from various end-use industries, such as metallurgy, machinery industry, and others. Ferro silicon powder is used as an alloying agent in various applications owing to its properties such as high melting point and good resistance against corrosion. In addition, it also helps in improving the strength and hardness of metals. These factors are expected to drive the growth of the global ferro silicon powder market during the forecast period.
Product Definition:
Ferro Silicon Powder is a ferroalloy which is composed of iron and silicon. The main use for Ferro Silicon Powder is in the steelmaking process, where it is used as a deoxidizer and alloying agent.
0-1mm Ferro Silicon Powder:
0-1mm Ferro Silicon Powder is a new product in the market and has not been used much. It can be used as an alternative to ferrite powder for magnetic wire insulation. The main reason for its existence is to provide better compatibility with silicon steel wires, which are widely used in high frequency applications such as power transformers and transmission lines.
1-3mm Ferro Silicon Powder:
1-3mm Ferro silicon powder is a type of ferroelectric material that has high Curie temperature and transition temperature. It can be used in applications such as sensors, actuators, memory devices and hard drives. The 1-3 mm FS powder is manufactured by mixing ceramic fibers with silica sand at a ratio of 3:1 to obtain the desired particle size distribution.
Application Insights:
Metallurgy was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. The product has a wide range of applications in metallurgical industries including steel making, non-ferrous metal production, and mining. It is used as a protective coating material for cold work surfaces such as quenching annealing or hardening areas in various industries.
The machinery industry accounted for 7% of global ferro silicon powder demand in 2017 on account of superior properties including high corrosion resistance, wear resistance & hardness, low maintenance cost and easy cleaning compared to other coatings used by manufacturers worldwide. The product has excellent heat treatment characteristics which make it ideal for manufacturing gears & bearings that are widely utilized across multiple industry applications globally.
Other prominent end-use markets include construction materials (such as roofing tiles), automotive components (such as gearboxes), electronics (such as semiconductor equipment).
Regional Analysis:
Asia Pacific dominated the global ferro silicon powder market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as metallurgy, machinery, etc. is anticipated to drive growth in this region.
The growing population and rapid industrialization & modernization are likely to contribute towards increased consumption of steel in Asia Pacific region which will result into an increased requirement for manufacturing equipment and tools that consume considerable amounts of steel thereby driving product demand over the forecast period.
Europe was estimated at USD X million in 2016 owing to high consumption from numerous end-use applications including metallurgy, machinery industry, others across various countries such as Germany, U.K.
Growth Factors:
- Growing demand from the steel and aluminum industries for ferro silicon powder as a deoxidizer and alloying agent is expected to drive the market growth.
- Increasing demand for ferro silicon powder in foundries and castings owing to its properties such as high melting point, low reactivity with other metals, and good fluidity is anticipated to boost the market growth.
- Rising consumption of ferro silicon powder in chemical industry for manufacturing various products such as silicones, sealants, adhesives, coatings etc., is likely to propel the market growth over the forecast period.
- Growing automotive sector across the globe is projected to create lucrative opportunities for Ferro Silicon Powder market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferro Silicon Powder Market Research Report
By Type
0-1mm Ferro Silicon Powder, 1-3mm Ferro Silicon Powder, 3-8mm Ferro Silicon Powder, Others
By Application
Metallurgy, Machinery Industry, Others
By Companies
DMS Powders, READE, Crown Ferro Alloys Pvt. Ltd., Radheysham Enterprises, American Elements, Goodfellow Cambridge, Xinchuang Metallurgy Material, Hengxing Metallurgy, ETERNAL SEA Metallurgical Material, Huatuo Metallurgy, DMS Powders, Exxaro
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Ferro Silicon Powder Market Report Segments:
The global Ferro Silicon Powder market is segmented on the basis of:
Types
0-1mm Ferro Silicon Powder, 1-3mm Ferro Silicon Powder, 3-8mm Ferro Silicon Powder, 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
Metallurgy, Machinery Industry, Others
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:
- DMS Powders
- READE
- Crown Ferro Alloys Pvt. Ltd.
- Radheysham Enterprises
- American Elements
- Goodfellow Cambridge
- Xinchuang Metallurgy Material
- Hengxing Metallurgy
- ETERNAL SEA Metallurgical Material
- Huatuo Metallurgy
- DMS Powders
- Exxaro
Highlights of The Ferro Silicon Powder 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:
- 0-1mm Ferro Silicon Powder
- 1-3mm Ferro Silicon Powder
- 3-8mm Ferro Silicon Powder
- Others
- By Application:
- Metallurgy
- Machinery Industry
- Others
- 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 Powder 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
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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?
Ferro Silicon Powder is a type of silicon that has been treated with iron to increase its strength and density. This powder is often used in manufacturing because it has high resistance to heat and corrosion.
Some of the major players in the ferro silicon powder market are DMS Powders, READE, Crown Ferro Alloys Pvt. Ltd., Radheysham Enterprises, American Elements, Goodfellow Cambridge, Xinchuang Metallurgy Material, Hengxing Metallurgy, ETERNAL SEA Metallurgical Material, Huatuo Metallurgy, DMS Powders, Exxaro.
The ferro silicon powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ferro Silicon Powder 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 Ferro Silicon Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ferro Silicon Powder 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 Ferro Silicon Powder 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 Ferro Silicon Powder Market Size & Forecast, 2018-2028
4.5.1 Ferro Silicon Powder Market Size and Y-o-Y Growth
4.5.2 Ferro Silicon Powder Market Absolute $ Opportunity
Chapter 5 Global Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Type
5.2.1 0-1mm Ferro Silicon Powder
5.2.2 1-3mm Ferro Silicon Powder
5.2.3 3-8mm Ferro Silicon Powder
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Applications
6.2.1 Metallurgy
6.2.2 Machinery Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ferro Silicon Powder 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 Ferro Silicon Powder 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 Ferro Silicon Powder Analysis and Forecast
9.1 Introduction
9.2 North America Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Type
9.6.1 0-1mm Ferro Silicon Powder
9.6.2 1-3mm Ferro Silicon Powder
9.6.3 3-8mm Ferro Silicon Powder
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 Ferro Silicon Powder Market Size Forecast by Applications
9.10.1 Metallurgy
9.10.2 Machinery Industry
9.10.3 Others
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 Ferro Silicon Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Type
10.6.1 0-1mm Ferro Silicon Powder
10.6.2 1-3mm Ferro Silicon Powder
10.6.3 3-8mm Ferro Silicon Powder
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 Ferro Silicon Powder Market Size Forecast by Applications
10.10.1 Metallurgy
10.10.2 Machinery Industry
10.10.3 Others
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 Ferro Silicon Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Type
11.6.1 0-1mm Ferro Silicon Powder
11.6.2 1-3mm Ferro Silicon Powder
11.6.3 3-8mm Ferro Silicon Powder
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 Ferro Silicon Powder Market Size Forecast by Applications
11.10.1 Metallurgy
11.10.2 Machinery Industry
11.10.3 Others
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 Ferro Silicon Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Ferro Silicon Powder 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 Ferro Silicon Powder Market Size Forecast by Type
12.6.1 0-1mm Ferro Silicon Powder
12.6.2 1-3mm Ferro Silicon Powder
12.6.3 3-8mm Ferro Silicon Powder
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 Ferro Silicon Powder Market Size Forecast by Applications
12.10.1 Metallurgy
12.10.2 Machinery Industry
12.10.3 Others
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) Ferro Silicon Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ferro Silicon Powder 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) Ferro Silicon Powder Market Size Forecast by Type
13.6.1 0-1mm Ferro Silicon Powder
13.6.2 1-3mm Ferro Silicon Powder
13.6.3 3-8mm Ferro Silicon Powder
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) Ferro Silicon Powder Market Size Forecast by Applications
13.10.1 Metallurgy
13.10.2 Machinery Industry
13.10.3 Others
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 Ferro Silicon Powder Market: Competitive Dashboard
14.2 Global Ferro Silicon Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DMS Powders
14.3.2 READE
14.3.3 Crown Ferro Alloys Pvt. Ltd.
14.3.4 Radheysham Enterprises
14.3.5 American Elements
14.3.6 Goodfellow Cambridge
14.3.7 Xinchuang Metallurgy Material
14.3.8 Hengxing Metallurgy
14.3.9 ETERNAL SEA Metallurgical Material
14.3.10 Huatuo Metallurgy
14.3.11 DMS Powders
14.3.12 Exxaro
