Market Overview:
The global ferro titanium for steelmaking 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 stainless steel and other alloys in various end-use industries, globally. Ferro titanium is used as a deoxidizer and stabilizer in the production of stainless steel and other alloys. It helps in removing oxygen from molten metal, thereby improving the quality of the alloy produced. Additionally, it also helps in preventing oxidation and scaling during heat treatment processes, which results in improved product properties such as strength, toughness, ductility, etc.
Product Definition:
Ferro titanium is a ferrous alloy of titanium. It is made by adding titanium to molten iron. Ferro titanium is used in the manufacture of steel alloys and castings because it improves the strength and toughness of steel, making it less brittle.
FeTi40:
The global ferro titanium for steelmaking market is expected to witness significant growth over the forecast period owing to its increasing demand in steel manufacturing. It is a key alloying element in ferroalloy, used as an additive during iron ore pelletizing and cementing processes. The product has various beneficial properties such as high strength, corrosion resistance, wear resistance and thermal stability which are anticipated to drive the market growth over the forecast period.
FeTi70:
The product is a form of titanium dioxide, which is widely used as an additive in ferroalloys for steelmaking. It has the ability to improve the properties of alloys by increasing their strength and hardness while decreasing their ductility and corrosion resistance.
FeTi70 also improves wear resistance, toughness, tensile strength and modulus when added to any ferroalloy.
Application Insights:
The others application segment includes ferro alloys, such as FeTi10,FeTi15 and other blends. The demand for the product in these alloys is driven by its ability to reduce weight and increase fuel efficiency. In addition, it also improves the overall engine performance by reducing carbon emissions. Increasing focus on reducing vehicle weight has resulted in high demand for titanium-based alloys which are used to manufacture lightweight components including pistons, valves and manifolds.
Increasing automotive production across the globe coupled with rising consumer preference towards vehicles equipped with advanced technology features is expected to drive stainless steel stabilizer applications over the forecast period. In addition, increasing utilization of this product as a substitute for nickel based stabilizers due to its superior properties such as low volatility & toxicity is further anticipated to propel market growth over the coming years (Stainless Steel Application Report 2016).
Regional Analysis:
Asia Pacific dominated the global ferro titanium for steelmaking market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to rapid industrialization and increasing per capita income levels coupled with rising domestic demand for automobiles and consumer appliances.
The Asia Pacific was followed by Europe, which accounted for a share of more than 30% in 2017 owing to high consumption volumes from major end-use industries such as automotive, aerospace & defense, construction & housing. Increasing production volumes of stainless steel due to growing automotive industry is projected favorably impact FeTi70 demand over the coming years.
North America emerged as the third-largest regional market accounting for 27% share in terms of volume consumed during 2017 on account stainless steel stabilizer application segment growth rate being higher than that other two segments CLAM deoxidizer and others combined).
Growth Factors:
- Growing demand from the automotive and construction industries
- Increasing use of titanium in medical implants and other biomedical applications
- Rising popularity of titanium alloys in aircraft manufacturing
- Technological advancements that have made titanium more affordable and accessible
- Growing awareness about the benefits of using titanium in various industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferro Titanium for Steelmaking Market Research Report
By Type
FeTi40, FeTi70, Others
By Application
CLAM Steel Deoxidizer, Stainless Steel Stabilizer, Others
By Companies
Des Raj Bansal Group, OSAKA Titanium Technologies, Jayesh Group, AmeriTi Manufacturing, AMG Superalloys UK, Arconic, Metalliage, VSMPO-AVISMA, Cronimet, ZTMC, Guotai Industrial, Jinzhou Guangda Ferroalloy, Hengtai Special Alloy
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Ferro Titanium for Steelmaking Market Report Segments:
The global Ferro Titanium for Steelmaking market is segmented on the basis of:
Types
FeTi40, FeTi70, 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
CLAM Steel Deoxidizer, Stainless Steel Stabilizer, 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:
- Des Raj Bansal Group
- OSAKA Titanium Technologies
- Jayesh Group
- AmeriTi Manufacturing
- AMG Superalloys UK
- Arconic
- Metalliage
- VSMPO-AVISMA
- Cronimet
- ZTMC
- Guotai Industrial
- Jinzhou Guangda Ferroalloy
- Hengtai Special Alloy
Highlights of The Ferro Titanium for Steelmaking 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:
- FeTi40
- FeTi70
- Others
- By Application:
- CLAM Steel Deoxidizer
- Stainless Steel Stabilizer
- 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 Titanium for Steelmaking 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
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- Product & Brand 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 titanium is a material that is used in steelmaking to increase the strength and hardness of the metal. It is made from titanium that has been treated with a ferrous oxide coating. This makes it more resistant to wear and tear, which can lead to increased production efficiency.
Some of the major players in the ferro titanium for steelmaking market are Des Raj Bansal Group, OSAKA Titanium Technologies, Jayesh Group, AmeriTi Manufacturing, AMG Superalloys UK, Arconic, Metalliage, VSMPO-AVISMA, Cronimet, ZTMC, Guotai Industrial, Jinzhou Guangda Ferroalloy, Hengtai Special Alloy.
The ferro titanium for steelmaking 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 Ferro Titanium for Steelmaking 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 Titanium for Steelmaking Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ferro Titanium for Steelmaking 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 Titanium for Steelmaking 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 Titanium for Steelmaking Market Size & Forecast, 2020-2028
4.5.1 Ferro Titanium for Steelmaking Market Size and Y-o-Y Growth
4.5.2 Ferro Titanium for Steelmaking Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 FeTi40
5.2.2 FeTi70
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 CLAM Steel Deoxidizer
6.2.2 Stainless Steel Stabilizer
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ferro Titanium for Steelmaking 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 Titanium for Steelmaking 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 FeTi40
9.6.2 FeTi70
9.6.3 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 Market Size Forecast by Applications
9.10.1 CLAM Steel Deoxidizer
9.10.2 Stainless Steel Stabilizer
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 FeTi40
10.6.2 FeTi70
10.6.3 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 Market Size Forecast by Applications
10.10.1 CLAM Steel Deoxidizer
10.10.2 Stainless Steel Stabilizer
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 FeTi40
11.6.2 FeTi70
11.6.3 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 Market Size Forecast by Applications
11.10.1 CLAM Steel Deoxidizer
11.10.2 Stainless Steel Stabilizer
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 FeTi40
12.6.2 FeTi70
12.6.3 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 Market Size Forecast by Applications
12.10.1 CLAM Steel Deoxidizer
12.10.2 Stainless Steel Stabilizer
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 FeTi40
13.6.2 FeTi70
13.6.3 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) Market Size Forecast by Applications
13.10.1 CLAM Steel Deoxidizer
13.10.2 Stainless Steel Stabilizer
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 Titanium for Steelmaking Market: Competitive Dashboard
14.2 Global Ferro Titanium for Steelmaking Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Des Raj Bansal Group
14.3.2 OSAKA Titanium Technologies
14.3.3 Jayesh Group
14.3.4 AmeriTi Manufacturing
14.3.5 AMG Superalloys UK
14.3.6 Arconic
14.3.7 Metalliage
14.3.8 VSMPO-AVISMA
14.3.9 Cronimet
14.3.10 ZTMC
14.3.11 Guotai Industrial
14.3.12 Jinzhou Guangda Ferroalloy
14.3.13 Hengtai Special Alloy
