Market Overview:
Ferrosilicon alloy materials are used in a variety of industries, including the mineral, machinery, and military sectors. The market for ferrosilicon alloy materials is expected to grow at a CAGR of 5.5% from 2018 to 2030. Some of the key factors driving this growth include the increasing demand for ferrosilicon alloy materials in the mineral and machinery industries and rising demand from emerging economies such as China and India. Additionally, technological advancements are also propelling the growth of this market.
Product Definition:
Ferrosilicon alloy materials are a ferrous (iron-containing) alloy that contains silicon. The addition of silicon to an iron-based alloy improves its strength and resistance to wear. Ferrosilicon alloys are commonly used in the manufacture of gears, bearings, and other components that require high strength and durability.
Milled Ferrosilicon Products:
Milled ferrosilicon products are used in various end-use industries such as automotive, construction, consumer durables and electronics. The growth factor for the market is increasing demand from the electronic industry due to its unique properties such as corrosion resistance & electrical conductivity. Milled ferrosilicon has applications in different areas of electronics including insulation coatings & interconnections, semiconductor devices manufacturing and superalloys production.
Atomized Ferrosilicon Products:
Atomized ferrosilicon products are used in the manufacturing of alloys by mixing it with metals such as silicon, iron, manganese and nickel. The alloying effect of these metals enhances the properties of atomized ferrosilicon products. It is widely used in automotive industries owing to its high wear resistance property along with electrical & thermal conductivity.
Application Insights:
The mineral industry was the largest application segment in 2017 and accounted for a market share of over 80% in terms of revenue. The product is widely used as an alloying agent in the minerals processing industry to enhance various properties such as strength, wear resistance, corrosion resistance and thermal conductivity.
Ferrosilicon products are also extensively used as additives by manufacturers of pigments & colors, paper & pulp, glass fiber reinforced plastics (GRP), coatings & adhesives for improving various properties including hardness, wear resistance and corrosion control. The machinery industry is expected to emerge as the fastest-growing application segment from 2018 to 2030 owing to increasing investments by governments across countries worldwide on infrastructure development activities such as transportation systems and energy grids. This growth factor is projected to have a positive impact on product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global ferrosilicon alloy materials market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of automotive manufacturers in China, India, Japan and South Korea coupled with increasing investments by domestic as well as foreign players for manufacturing high-end vehicles is expected to drive demand for silicides from mineral processing equipment applications.
The growing construction industry across emerging economies such as India, China and Indonesia on account of rising population coupled with government initiatives such as “Housing For All†program is likely to augment demand for machinery which would further propel product consumption. In addition, rapid industrialization along with expanding infrastructure sector in these countries has led them into being major producers & suppliers of automobiles parts across the globe thus positively influencing market growth over the next eight years.
Europe was estimated at USD X million in 2016 owing to early adoption by region compared to U.S.
Growth Factors:
- Growing demand from the automotive and aerospace industries for ferrosilicon alloy materials as a result of their lightweight and high strength properties.
- Increasing demand for ferrosilicon alloy materials in the construction industry due to their corrosion resistance properties.
- Rising demand for ferrosilicon alloy materials in the electrical and electronics industry due to their heat resistance properties.
- Growing popularity of ferrosilicon alloy materials in the medical field as implant material owing to its biocompatibility characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferrosilicon Alloy Materials Market Research Report
By Type
Milled Ferrosilicon Products, Atomized Ferrosilicon Products
By Application
Mineral, Machinery Industry, Military, Others
By Companies
DMS Powders, CC Metals&Alloy, READE, Crown Ferro Alloys, Stanford Advanced Materials, Chemalloy Company LLC, FW Winter Inc., Finnfjord AS
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Ferrosilicon Alloy Materials Market Report Segments:
The global Ferrosilicon Alloy Materials market is segmented on the basis of:
Types
Milled Ferrosilicon Products, Atomized Ferrosilicon Products
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
Mineral, Machinery Industry, Military, 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
- CC Metals&Alloy
- READE
- Crown Ferro Alloys
- Stanford Advanced Materials
- Chemalloy Company LLC
- FW Winter Inc.
- Finnfjord AS
Highlights of The Ferrosilicon Alloy Materials 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:
- Milled Ferrosilicon Products
- Atomized Ferrosilicon Products
- By Application:
- Mineral
- Machinery Industry
- Military
- 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 Ferrosilicon Alloy Materials 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?
Ferrosilicon alloy materials are a type of metal alloys that are made from ferrous and non-ferrous metals. Ferrosilicon alloy materials can be used in a variety of applications, including aerospace, automotive, and military equipment.
Some of the major players in the ferrosilicon alloy materials market are DMS Powders, CC Metals&Alloy, READE, Crown Ferro Alloys, Stanford Advanced Materials, Chemalloy Company LLC, FW Winter Inc., Finnfjord AS.
The ferrosilicon alloy materials 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 Ferrosilicon Alloy Materials 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 Ferrosilicon Alloy Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ferrosilicon Alloy Materials 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 Ferrosilicon Alloy Materials 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 Ferrosilicon Alloy Materials Market Size & Forecast, 2020-2028
4.5.1 Ferrosilicon Alloy Materials Market Size and Y-o-Y Growth
4.5.2 Ferrosilicon Alloy Materials 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 Milled Ferrosilicon Products
5.2.2 Atomized Ferrosilicon Products
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 Mineral
6.2.2 Machinery Industry
6.2.3 Military
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ferrosilicon Alloy Materials 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 Ferrosilicon Alloy Materials 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 Milled Ferrosilicon Products
9.6.2 Atomized Ferrosilicon Products
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 Mineral
9.10.2 Machinery Industry
9.10.3 Military
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 Milled Ferrosilicon Products
10.6.2 Atomized Ferrosilicon Products
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 Mineral
10.10.2 Machinery Industry
10.10.3 Military
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 Milled Ferrosilicon Products
11.6.2 Atomized Ferrosilicon Products
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 Mineral
11.10.2 Machinery Industry
11.10.3 Military
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 Milled Ferrosilicon Products
12.6.2 Atomized Ferrosilicon Products
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 Mineral
12.10.2 Machinery Industry
12.10.3 Military
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 Milled Ferrosilicon Products
13.6.2 Atomized Ferrosilicon Products
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 Mineral
13.10.2 Machinery Industry
13.10.3 Military
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 Ferrosilicon Alloy Materials Market: Competitive Dashboard
14.2 Global Ferrosilicon Alloy Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DMS Powders
14.3.2 CC Metals&Alloy
14.3.3 READE
14.3.4 Crown Ferro Alloys
14.3.5 Stanford Advanced Materials
14.3.6 Chemalloy Company LLC
14.3.7 FW Winter Inc.
14.3.8 Finnfjord AS
