Market Overview:
The global fine atomized ferrosilicon 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 ferrosilicon from various end-use industries, such as industrial, agricultural, and residential. Ferrosilicon is used as an alloying agent in various types of steel and cast iron products. It also finds application in the production of silicon metal and other silicon-based products. Additionally, rising demand for ferrosilicon from developing countries is another key factor driving the growth of this market. However, volatility in prices of raw materials used in manufacturing ferrosilicon may restrain the growth of this market to some extent during the forecast period. On basis on type, reagent grade segment accounted for majority share (~64%)of global fine atomized ferrosilicon market revenue share followed by industrial grade segmentin 2017 .
Product Definition:
Fine Atomized Ferrosilicon is an alloy of iron and silicon that is used to make steel. It is made by atomizing molten silicon and ferrous alloys. Fine Atomized Ferrosilicon has a very small particle size, which makes it ideal for use in steelmaking.
Reagent Grade:
Reagent grade is a high purity form of ferrosilicon. It has no impurities or other metals and is 99.5% pure by volume. The demand for reagent grade is increasing in the fine atomized ferrosilicon market owing to its properties such as corrosion resistance, electrical conductivity, hardness and ability to withstand high temperature which makes it suitable for use in stainless steel industry.
Industrial Grade:
Industrial grade ferrosilicon is a type of ferrosilicon that has been processed to remove most of its contaminants. It contains around 99% pure silicon and hence is used in applications where high purity is required. Industrial grade product finds application in the production of stainless steel, superalloys, cast irons & ducts, specialty steel alloys and tool steels among others.
Application Insights:
The industrial application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Fine atomized ferrosilicon finds applications in various industries including automotive, construction, medical equipment, and oil & gas among others. The product is used as an additive during the manufacturing process of various components such as turbines, heat exchangers and valves among others.
The agricultural application segment accounted for a significant revenue share in 2017 owing to increasing demand from farmers across the globe for enhancing crop productivity through technological interventions such as precision agriculture and ¢â‚¬Å“high-tech farming¢â‚¬ practices that utilize advanced products and services along with smart data analytics solutions to improve overall farm productivity.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 40% of the global revenue share. The region is expected to witness a high growth rate over the forecast period owing to rapid industrialization, coupled with increasing foreign investments in India and China. In 2015, ArcelorMittal signed an agreement with Government of India under which it will invest USD X billion by 2018 in steel production capacity expansion at Jhajjar near Delhi. Similarly, government of China announced plans to invest USD X billion by 2020 in infrastructure development across 16 provinces including Hebei, Henan, Hubei, Hunan etc.
In addition to this several other factors such as growing population and rising disposable income are likely to drive industry growth over the next eight years.
Growth Factors:
- Increasing demand for ferrosilicon in the production of cast iron and steel
- Growing automotive industry, which is increasing the demand for ferrosilicon
- Rising demand from the construction sector for use in reinforced concrete and other applications
- Rapid growth of the Asia Pacific region, which is leading to an increase in demand for ferrosilicon
- Technological advancements that are resulting in improved quality and performance of fine atomized ferrosilicon
Scope Of The Report
Report Attributes
Report Details
Report Title
Fine Atomized Ferrosilicon Market Research Report
By Type
Reagent Grade, Industrial Grade
By Application
Industrial, Agricultural, Residential, Others
By Companies
M & M Alloys, Imexsar, Sinoferro, Anyang Xinchuang Metallurgy Material, DMS Powders, Westbrook Resources, Exxaro, M & M Alloys
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Fine Atomized Ferrosilicon Market Report Segments:
The global Fine Atomized Ferrosilicon market is segmented on the basis of:
Types
Reagent Grade, Industrial Grade
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
Industrial, Agricultural, Residential, 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:
- M & M Alloys
- Imexsar
- Sinoferro
- Anyang Xinchuang Metallurgy Material
- DMS Powders
- Westbrook Resources
- Exxaro
- M & M Alloys
Highlights of The Fine Atomized Ferrosilicon 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:
- Reagent Grade
- Industrial Grade
- By Application:
- Industrial
- Agricultural
- Residential
- 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 Fine Atomized Ferrosilicon 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?
Fine atomized ferrosilicon is a type of ferrosilicon that has been finely divided into small particles. This makes it more effective when used in electronic devices because it can flow more easily through the circuits. Fine atomized ferrosilicon also has a higher melting point than other types of ferrosilicon, which means that it can withstand higher temperatures while still being able to function properly.
Some of the major players in the fine atomized ferrosilicon market are M & M Alloys, Imexsar, Sinoferro, Anyang Xinchuang Metallurgy Material, DMS Powders, Westbrook Resources, Exxaro, M & M Alloys.
The fine atomized ferrosilicon 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 Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size & Forecast, 2018-2028
4.5.1 Fine Atomized Ferrosilicon Market Size and Y-o-Y Growth
4.5.2 Fine Atomized Ferrosilicon Market Absolute $ Opportunity
Chapter 5 Global Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Type
5.2.1 Reagent Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Agricultural
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Analysis and Forecast
9.1 Introduction
9.2 North America Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Type
9.6.1 Reagent Grade
9.6.2 Industrial Grade
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 Fine Atomized Ferrosilicon Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Agricultural
9.10.3 Residential
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 Fine Atomized Ferrosilicon Analysis and Forecast
10.1 Introduction
10.2 Europe Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Type
10.6.1 Reagent Grade
10.6.2 Industrial Grade
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 Fine Atomized Ferrosilicon Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Agricultural
10.10.3 Residential
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 Fine Atomized Ferrosilicon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Type
11.6.1 Reagent Grade
11.6.2 Industrial Grade
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 Fine Atomized Ferrosilicon Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Agricultural
11.10.3 Residential
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 Fine Atomized Ferrosilicon Analysis and Forecast
12.1 Introduction
12.2 Latin America Fine Atomized Ferrosilicon 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 Fine Atomized Ferrosilicon Market Size Forecast by Type
12.6.1 Reagent Grade
12.6.2 Industrial Grade
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 Fine Atomized Ferrosilicon Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Agricultural
12.10.3 Residential
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) Fine Atomized Ferrosilicon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fine Atomized Ferrosilicon 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) Fine Atomized Ferrosilicon Market Size Forecast by Type
13.6.1 Reagent Grade
13.6.2 Industrial Grade
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) Fine Atomized Ferrosilicon Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Agricultural
13.10.3 Residential
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 Fine Atomized Ferrosilicon Market: Competitive Dashboard
14.2 Global Fine Atomized Ferrosilicon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M & M Alloys
14.3.2 Imexsar
14.3.3 Sinoferro
14.3.4 Anyang Xinchuang Metallurgy Material
14.3.5 DMS Powders
14.3.6 Westbrook Resources
14.3.7 Exxaro
14.3.8 M & M Alloys
