Market Overview:
The global inoculants for iron foundries market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for ductile iron castings from the automotive sector. In terms of type, the ferrosilicon segment is expected to account for a major share of the global inoculants for iron foundries market during the forecast period. This can be attributed to its ability to improve nodule count and reduce gas porosity in castings. In terms of application, the grey cast iron segment is anticipated to hold a dominant position in the global inoculants for iron foundries market during 2018-2030.
Product Definition:
Inoculants are materials that are added to molten iron in a foundry to encourage the formation of graphite flakes. The presence of graphite flakes in cast iron improves its machinability and resistance to wear.
Ferrosilicon:
Ferrosilicon is a alloy of iron, silicon and tin. It contains around 3 to 4% by weight of iron, which is the highest share amongst all the commercial ferrosilicon products available in the market. Ferrosilicon has various properties such as high melting point (around 1650°C), good corrosion resistance and electrical conductivity.
Calcium Silicate:
Calcium silicate is a mineral that occurs naturally as well as can be manufactured from certain minerals. It has the formula SiO2.3(OH)2. Calcium silicate is used in the production of inoculants for iron foundries, which are later used to produce bricks and tiles for construction purposes.
Application Insights:
The grey cast iron application segment led the global inoculants for iron foundries market and accounted for more than 45% of the revenue share in 2017. The segment is expected to witness a significant growth rate over the forecast period owing to its wide applications including structural steel, heavy machinery, appliances and tools. In addition, rising demand from automotive industry will further propel market growth over the next eight years.
Ductile Iron application is projected to grow at a CAGR of XX% from 2018 to 2030 due largely to its increasing use in various industries such as construction equipment manufacturing, oil & gas equipment manufacturing and energy saving products manufacturing among others.
Regional Analysis:
Asia Pacific dominated the global inoculants for iron foundries market and accounted for over 45% of the total revenue share in 2016. The region is expected to witness significant growth owing to increasing demand from China, India, Japan and South Korea. Increasing construction spending along with rising automotive production mainly in China is anticipated to drive the regional market over the forecast period.
The European market was valued at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 due primarily by Germany’s steel industry which has been through a major transformation since 1990s resulting into high investments towards research & development as well as innovation of new products that are eco-friendly.
Growth Factors:
- Increasing demand for cast iron products from construction and automobile industries
- Growing awareness about the benefits of using inoculants in iron foundries
- Technological advancements in the field of inoculants
- Rising investments by key players to expand their production capacities
- Growing number of research and development activities to develop new and improved inoculants
Scope Of The Report
Report Attributes
Report Details
Report Title
Inoculants for Iron Foundries Market Research Report
By Type
Ferrosilicon, Calcium Silicate, Silicon Rare Earth, Silicon Barium, Silicon Magnesium, Other
By Application
Grey Cast Iron, Ductile Iron, Compacted Graphite Iron, Other
By Companies
ASK Chemicals Metallurgy, Elkem, Jinan Shengquan Group, Henglilai, Zhangzhou Sicont Alloy, Anyang Guoxiang Metallurgical Materials, Anyang Zhongsheng Metallurgical Refractories, BKDR Foundry 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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Inoculants for Iron Foundries Market Report Segments:
The global Inoculants for Iron Foundries market is segmented on the basis of:
Types
Ferrosilicon, Calcium Silicate, Silicon Rare Earth, Silicon Barium, Silicon Magnesium, Other
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
Grey Cast Iron, Ductile Iron, Compacted Graphite Iron, Other
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:
- ASK Chemicals Metallurgy
- Elkem
- Jinan Shengquan Group
- Henglilai
- Zhangzhou Sicont Alloy
- Anyang Guoxiang Metallurgical Materials
- Anyang Zhongsheng Metallurgical Refractories
- BKDR Foundry Alloy
Highlights of The Inoculants for Iron Foundries 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:
- Ferrosilicon
- Calcium Silicate
- Silicon Rare Earth
- Silicon Barium
- Silicon Magnesium
- Other
- By Application:
- Grey Cast Iron
- Ductile Iron
- Compacted Graphite Iron
- Other
- 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 Inoculants for Iron Foundries 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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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?
Inoculants are chemicals that are used in the iron foundries to increase the production of iron.
Some of the key players operating in the inoculants for iron foundries market are ASK Chemicals Metallurgy, Elkem, Jinan Shengquan Group, Henglilai, Zhangzhou Sicont Alloy, Anyang Guoxiang Metallurgical Materials, Anyang Zhongsheng Metallurgical Refractories, BKDR Foundry Alloy.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inoculants for Iron Foundries 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 Inoculants for Iron Foundries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inoculants for Iron Foundries 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 Inoculants for Iron Foundries 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 Inoculants for Iron Foundries Market Size & Forecast, 2020-2028
4.5.1 Inoculants for Iron Foundries Market Size and Y-o-Y Growth
4.5.2 Inoculants for Iron Foundries 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 Ferrosilicon
5.2.2 Calcium Silicate
5.2.3 Silicon Rare Earth
5.2.4 Silicon Barium
5.2.5 Silicon Magnesium
5.2.6 Other
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 Grey Cast Iron
6.2.2 Ductile Iron
6.2.3 Compacted Graphite Iron
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inoculants for Iron Foundries 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 Inoculants for Iron Foundries 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 Ferrosilicon
9.6.2 Calcium Silicate
9.6.3 Silicon Rare Earth
9.6.4 Silicon Barium
9.6.5 Silicon Magnesium
9.6.6 Other
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 Grey Cast Iron
9.10.2 Ductile Iron
9.10.3 Compacted Graphite Iron
9.10.4 Other
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 Ferrosilicon
10.6.2 Calcium Silicate
10.6.3 Silicon Rare Earth
10.6.4 Silicon Barium
10.6.5 Silicon Magnesium
10.6.6 Other
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 Grey Cast Iron
10.10.2 Ductile Iron
10.10.3 Compacted Graphite Iron
10.10.4 Other
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 Ferrosilicon
11.6.2 Calcium Silicate
11.6.3 Silicon Rare Earth
11.6.4 Silicon Barium
11.6.5 Silicon Magnesium
11.6.6 Other
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 Grey Cast Iron
11.10.2 Ductile Iron
11.10.3 Compacted Graphite Iron
11.10.4 Other
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 Ferrosilicon
12.6.2 Calcium Silicate
12.6.3 Silicon Rare Earth
12.6.4 Silicon Barium
12.6.5 Silicon Magnesium
12.6.6 Other
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 Grey Cast Iron
12.10.2 Ductile Iron
12.10.3 Compacted Graphite Iron
12.10.4 Other
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 Ferrosilicon
13.6.2 Calcium Silicate
13.6.3 Silicon Rare Earth
13.6.4 Silicon Barium
13.6.5 Silicon Magnesium
13.6.6 Other
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 Grey Cast Iron
13.10.2 Ductile Iron
13.10.3 Compacted Graphite Iron
13.10.4 Other
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 Inoculants for Iron Foundries Market: Competitive Dashboard
14.2 Global Inoculants for Iron Foundries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASK Chemicals Metallurgy
14.3.2 Elkem
14.3.3 Jinan Shengquan Group
14.3.4 Henglilai
14.3.5 Zhangzhou Sicont Alloy
14.3.6 Anyang Guoxiang Metallurgical Materials
14.3.7 Anyang Zhongsheng Metallurgical Refractories
14.3.8 BKDR Foundry Alloy
