Market Overview:
The global ferroalloys (silico manganese) market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for ferroalloys from various end-use industries, such as automotive and aerospace. In addition, the growing demand for silicon manganese in China is also contributing to the growth of the global ferroalloys (silico manganese) market. Based on type, the global ferroalloys (silico manganese) market has been segmented into silicon manganese, ferrochrome, ferronickel and others. Silicon manganese held a major share of the global Ferro alloys (Silicon Manganese) Market in 2017 and is projected to grow at a CAGR of 6% during 2018-2030. This can be attributed to its increasing use as an alloying element additive in various end-use industries across different regions worldwide.
 Industry Outlook.svg)
Product Definition:
Ferroalloys (silico manganese) are alloys of iron and silicon with a high manganese content. They are used to improve the mechanical properties of steel, conferring hardness, wear resistance and toughness.
Silicon Manganese:
Silicon manganese is a mineral, belonging to the family of minerals known as the silicates. It was first discovered in 1803 by a French naturalist and geologist Louis Nicolas van Houten who found it along with other silicon-based minerals in Brazil. Since then its discovery has been intermittent and only became widespread after World War II owing to renewed interest by mineralogists.
Ferrochrome:
Ferrochrome is a manganese alloy with chromium added. It has applications in various end-use industries including construction, automotive and electrical. Ferrochrome is used as an alloying agent to increase the hardness and strength of manganese alloys. The product also finds application in the production of steel where it acts as a corrosion inhibitor along with providing anti-corrosive properties to the metal.
Application Insights:
The deoxidizer application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for ferrochrome as a deoxidizer in steelmaking process is expected to drive the product demand over the next eight years.
Ferrochrome is used as an alloying element that improves hardness, strength and wear resistance of steel. It also helps improve machinability of various alloys containing silicon and carbon content up to about 10% by weight each. These alloys are widely utilized in manufacturing automotive components, tools, machinery & equipment parts as well as construction materials owing to their high strength-to-weight ratio making them ideal for use in demanding applications such as cutting tools and diesels among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to rising industrialization, increasing population, rapid urbanization along with growing demand for consumer goods. The region has witnessed a surge in automotive production which will drive product demand further.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to stringent regulations by various regulatory bodies such as U.S EPA (U.
Growth Factors:
- Growing demand from the automotive and construction industries
- Increasing use of ferroalloys in manufacturing stainless steel and other alloys
- Rising production of castings and forgings for various industrial applications
- Growing investments in research and development to improve the quality of ferroalloys
- Expansion of global trade leading to increased demand for ferroalloys
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferroalloys (Silico Manganese) Market Research Report
By Type
Silicon Manganese, Ferrochrome, Ferro Nickel, Others
By Application
Deoxidizer, Desulfurizer, Alloying Element Additive, Others
By Companies
Glencore, Eurasian Resources Group, Tsingshan Holding Group, Samancor Chrome, Erdos Group, Jiangsu Delong Nickel Industry, Nikopol Ferroalloy Plant, Shandong Xinhai Technology, Henan Xibao Metallurgy Metarials Group, Sheng Yan Group, Outokumpu, Shengyang Group, OM Holdings, Sakura Ferroalloys
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Ferroalloys (Silico Manganese) Market Report Segments:
The global Ferroalloys (Silico Manganese) market is segmented on the basis of:
Types
Silicon Manganese, Ferrochrome, Ferro Nickel, 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
Deoxidizer, Desulfurizer, Alloying Element Additive, 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:
- Glencore
- Eurasian Resources Group
- Tsingshan Holding Group
- Samancor Chrome
- Erdos Group
- Jiangsu Delong Nickel Industry
- Nikopol Ferroalloy Plant
- Shandong Xinhai Technology
- Henan Xibao Metallurgy Metarials Group
- Sheng Yan Group
- Outokumpu
- Shengyang Group
- OM Holdings
- Sakura Ferroalloys
 Market Overview.svg)
Highlights of The Ferroalloys (Silico Manganese) 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:
- Silicon Manganese
- Ferrochrome
- Ferro Nickel
- Others
- By Application:
- Deoxidizer
- Desulfurizer
- Alloying Element Additive
- 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 Ferroalloys (Silico Manganese) 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
 Market Statistics.svg)
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?
Ferroalloys are alloys of iron and other metals that contain at least 10% by weight of manganese. They are used in a variety of applications, including armor plate, aircraft parts, and nuclear reactors.
Some of the key players operating in the ferroalloys (silico manganese) market are Glencore, Eurasian Resources Group, Tsingshan Holding Group, Samancor Chrome, Erdos Group, Jiangsu Delong Nickel Industry, Nikopol Ferroalloy Plant, Shandong Xinhai Technology, Henan Xibao Metallurgy Metarials Group, Sheng Yan Group, Outokumpu, Shengyang Group, OM Holdings, Sakura Ferroalloys.
The ferroalloys (silico manganese) 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 Ferroalloys (Silico Manganese) 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 Ferroalloys (Silico Manganese) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ferroalloys (Silico Manganese) 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 Ferroalloys (Silico Manganese) 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 Ferroalloys (Silico Manganese) Market Size & Forecast, 2020-2028
4.5.1 Ferroalloys (Silico Manganese) Market Size and Y-o-Y Growth
4.5.2 Ferroalloys (Silico Manganese) 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 Silicon Manganese
5.2.2 Ferrochrome
5.2.3 Ferro Nickel
5.2.4 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 Deoxidizer
6.2.2 Desulfurizer
6.2.3 Alloying Element Additive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ferroalloys (Silico Manganese) 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 Ferroalloys (Silico Manganese) 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 Silicon Manganese
9.6.2 Ferrochrome
9.6.3 Ferro Nickel
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 Market Size Forecast by Applications
9.10.1 Deoxidizer
9.10.2 Desulfurizer
9.10.3 Alloying Element Additive
9.10.4 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 Silicon Manganese
10.6.2 Ferrochrome
10.6.3 Ferro Nickel
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 Market Size Forecast by Applications
10.10.1 Deoxidizer
10.10.2 Desulfurizer
10.10.3 Alloying Element Additive
10.10.4 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 Silicon Manganese
11.6.2 Ferrochrome
11.6.3 Ferro Nickel
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 Market Size Forecast by Applications
11.10.1 Deoxidizer
11.10.2 Desulfurizer
11.10.3 Alloying Element Additive
11.10.4 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 Silicon Manganese
12.6.2 Ferrochrome
12.6.3 Ferro Nickel
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 Market Size Forecast by Applications
12.10.1 Deoxidizer
12.10.2 Desulfurizer
12.10.3 Alloying Element Additive
12.10.4 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 Silicon Manganese
13.6.2 Ferrochrome
13.6.3 Ferro Nickel
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) Market Size Forecast by Applications
13.10.1 Deoxidizer
13.10.2 Desulfurizer
13.10.3 Alloying Element Additive
13.10.4 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 Ferroalloys (Silico Manganese) Market: Competitive Dashboard
14.2 Global Ferroalloys (Silico Manganese) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Glencore
14.3.2 Eurasian Resources Group
14.3.3 Tsingshan Holding Group
14.3.4 Samancor Chrome
14.3.5 Erdos Group
14.3.6 Jiangsu Delong Nickel Industry
14.3.7 Nikopol Ferroalloy Plant
14.3.8 Shandong Xinhai Technology
14.3.9 Henan Xibao Metallurgy Metarials Group
14.3.10 Sheng Yan Group
14.3.11 Outokumpu
14.3.12 Shengyang Group
14.3.13 OM Holdings
14.3.14 Sakura Ferroalloys
