Market Overview:
The global silicomanganese alloy 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 deoxidizers and desulfurizers in various end-use industries, such as steel, aluminum, and automotive. In terms of type, the manganese content 60-65% segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its high demand in various end-use industries across different regions. Asia Pacific is estimated to account for the largest share of the global silicomanganese alloy market in 2018 owing to high demand from countries such as China and India.
Product Definition:
A silicomanganese alloy is a ferroalloy made of silicon, manganese and iron. It is typically composed of between 72% and 78% manganese. Silicomanganese alloy has a high melting point, making it ideal for use in steelmaking. It also has good resistance to oxidation and corrosion.
Manganese Content 60-65%:
Manganese content 60-65%, also known as manganese metal, is a chemical element that is a part of the manganese group and has the symbol Mn. It has various properties depending upon its alloys such as hardness, corrosion resistance, electrical conductivity, magneticonductivity and high melting point.
Manganese Content 65-72%:
Manganese content 65-72% and it's usage in Silicomanganese Alloy market? Manganese (MAN) is a chemical element that is primarily found in the earth's crust. The element has the highest oxidation number of +4, which makes it an excellent manganese source for use in alloying with silica materials.
Application Insights:
Deoxidizers dominated the global silicomanganese market in terms of revenue share in 2017. The segment is projected to witness significant growth over the forecast period on account of rising demand from oil & gas industry for de-oiling operations. In addition, increasing investments by companies operating in the energy sector are expected to drive product demand over the coming years.
The desulfurizers segment is estimated to register a CAGR exceeding 7% during the forecast period owing to stringent regulations regarding sulfur content in fuels and petrochemicals across various regions including North America and Europe. Increasing investments for research & development activities pertaining to new technology desulfurization processes are also anticipated fuel industry expansion over next few years resulting into increased demand for desulfurizing agents such as manganese oxides which will further propel product consumption during future periods.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand for silicomanganese from various end-use industries, such as automotive and aerospace. In addition, increasing environmental regulations are anticipated to drive product demand in China and India.
The growing manufacturing sector in developing economies of Asia Pacific is also likely to contribute significantly toward industry growth over the coming years. Furthermore, rapid industrialization coupled with stringent government regulations on pollution control is projected to augment product usage across numerous end-use applications including deoxidizers and desulfurizers across several Asian countries including Indonesia, Malaysia, Vietnam among others.
North America accounted for a significant share of revenue generated by export markets due its high Manganese content (65% minimum) which makes it suitable for use as an alloying element along with iron and copper during their production process called Refining Process Nickel (RPN).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of silicomanganese alloy in China
- Rising production of electric vehicles and hybrid vehicles
- Technological advancements in the manufacturing process of silicomanganese alloy
- Growing demand for lightweight materials in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicomanganese Alloy Market Research Report
By Type
Manganese Content 60-65%, Manganese Content 65-72%
By Application
Deoxidizers, Desulfurizers
By Companies
PJSC Nikopol, Erdos Group, Sheng Yan Group, Ningxia Jiyuan Metallurgical Group, Henan Xibao Metallurgy Metarials Group, Fengzhen Fengyu Company, Bisheng Mining, Jinneng Group, Guangxi Ferroalloy, Eurasian Resources Group, Ningxia Dadi Circular Development Corp, Zaporozhye, Glencore
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Silicomanganese Alloy Market Report Segments:
The global Silicomanganese Alloy market is segmented on the basis of:
Types
Manganese Content 60-65%, Manganese Content 65-72%
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
Deoxidizers, Desulfurizers
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:
- PJSC Nikopol
- Erdos Group
- Sheng Yan Group
- Ningxia Jiyuan Metallurgical Group
- Henan Xibao Metallurgy Metarials Group
- Fengzhen Fengyu Company
- Bisheng Mining
- Jinneng Group
- Guangxi Ferroalloy
- Eurasian Resources Group
- Ningxia Dadi Circular Development Corp
- Zaporozhye
- Glencore
Highlights of The Silicomanganese Alloy 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:
- Manganese Content 60-65%
- Manganese Content 65-72%
- By Application:
- Deoxidizers
- Desulfurizers
- 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 Silicomanganese Alloy 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
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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?
Silicomanganese alloy is a type of alloy that contains silicon and manganese. It is often used in products that need to resist corrosion, such as pipes and tanks.
Some of the major companies in the silicomanganese alloy market are PJSC Nikopol, Erdos Group, Sheng Yan Group, Ningxia Jiyuan Metallurgical Group, Henan Xibao Metallurgy Metarials Group, Fengzhen Fengyu Company, Bisheng Mining, Jinneng Group, Guangxi Ferroalloy, Eurasian Resources Group, Ningxia Dadi Circular Development Corp, Zaporozhye, Glencore.
The silicomanganese alloy market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicomanganese Alloy 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 Silicomanganese Alloy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicomanganese Alloy 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 Silicomanganese Alloy 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 Silicomanganese Alloy Market Size & Forecast, 2020-2028
4.5.1 Silicomanganese Alloy Market Size and Y-o-Y Growth
4.5.2 Silicomanganese Alloy 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 Manganese Content 60-65%
5.2.2 Manganese Content 65-72%
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 Deoxidizers
6.2.2 Desulfurizers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicomanganese Alloy 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 Silicomanganese Alloy 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 Manganese Content 60-65%
9.6.2 Manganese Content 65-72%
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 Deoxidizers
9.10.2 Desulfurizers
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 Manganese Content 60-65%
10.6.2 Manganese Content 65-72%
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 Deoxidizers
10.10.2 Desulfurizers
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 Manganese Content 60-65%
11.6.2 Manganese Content 65-72%
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 Deoxidizers
11.10.2 Desulfurizers
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 Manganese Content 60-65%
12.6.2 Manganese Content 65-72%
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 Deoxidizers
12.10.2 Desulfurizers
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 Manganese Content 60-65%
13.6.2 Manganese Content 65-72%
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 Deoxidizers
13.10.2 Desulfurizers
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 Silicomanganese Alloy Market: Competitive Dashboard
14.2 Global Silicomanganese Alloy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PJSC Nikopol
14.3.2 Erdos Group
14.3.3 Sheng Yan Group
14.3.4 Ningxia Jiyuan Metallurgical Group
14.3.5 Henan Xibao Metallurgy Metarials Group
14.3.6 Fengzhen Fengyu Company
14.3.7 Bisheng Mining
14.3.8 Jinneng Group
14.3.9 Guangxi Ferroalloy
14.3.10 Eurasian Resources Group
14.3.11 Ningxia Dadi Circular Development Corp
14.3.12 Zaporozhye
14.3.13 Glencore
