Market Overview:
The global milled 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 metal recycling, mining and welding industry. In terms of type, 65D segment is expected to hold a major share in the global milled ferrosilicon market during the forecast period. However, 150D segment is projected to grow at a higher CAGR than other segments during the forecast period. Asia Pacific region is estimated to dominate the global milled ferrosilicon market in terms of revenue by 2030 owing to high demand from countries such as China and India.
Product Definition:
A ferrosilicon alloy is a type of iron-based alloy that contains silicon. Milled ferro silicon is an ultrafine powder produced by milling high-purity, electrolytic FeSi with additional Si. The main purpose of milled ferro silicon is to increase the hardness and wear resistance of cast iron and steel products.
65D:
65D is a new term in the market which was created to differentiate between 65% of PVD on silicon and the remaining 35% on top of it. It helps in improving efficiency, cost-effectiveness, and reducing risks during manufacturing processes. The major factor that has driven its adoption so far is its ability to reduce energy consumption by up to 30%.
150D:
150D is a type of silicon steel with high carbon and low nitrogen content. It has approximately 70% more carbon than standard Silicon Steel. 150D can be used to manufacture single crystal or polycrystalline silicon, depending on the process requirements.
150D has been gaining significant traction in the Milled Ferro Silicon (MFS) market owing to its properties such as superior mechanical characteristics, electrical conductivity.
Application Insights:
The global market is segmented by application into metal recycling, mining, and welding industry. In 2017, the metal recycling application dominated the overall industry with a revenue share of over 60%. The global demand for recycled metals has been rising steadily owing to increasing population coupled with growing awareness regarding environmental issues.
The use of milled products in the mining sector is anticipated to witness significant growth over the forecast period due to its ability to reduce costs and improve productivity. The product reduces operational cost per unit weight as compared to that of crushed stones used in iron ore processing plants. This factor along with others such as energy consumption reduction due to milling process are expected drive its demand from various sectors including construction materials and automotive components manufacturing over next seven years.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to rapid industrialization, growing population, and increasing per capita income in developing countries such as China and India. Moreover, rising investments by governments for infrastructure development are likely to boost demand from various end-use industries such as construction, automotive, energy & power generation sectors.
The growth of the construction industry in Asia Pacific is attributed to government initiatives encouraging foreign direct investment (FDI) through tax benefits and other incentives pertaining with land reforms or farm ownership changes that affect rural households seeking urban lifestyles resulting into increased housing needs which will drive product demand across residential buildings including offices/hospitals/schools etc., thereby boosting regional market growth over the next eight years.
Growth Factors:
- Growing demand from the steel and aluminum industries for ferrosilicon as a deoxidizer and alloying agent
- Increasing demand for silicon metal in the production of solar panels, semiconductors, and other electronic devices
- Rising prices for silicon metal, which is driving manufacturers to seek lower-cost substitutes like ferrosilicon
- Growing investment in renewable energy sources such as solar and wind power, which require large quantities of silicon metal
- Technological advances that make it easier to produce high-quality ferrosilicon products
Scope Of The Report
Report Attributes
Report Details
Report Title
Milled FerroSilicon Market Research Report
By Type
65D, 150D, 270D, Other
By Application
Metal Recycling, Mining, Welding Industry
By Companies
DMS Powders, Westbrook Resources Ltd, Futong Industry, Exxaro, M & M Alloys, Imexsar, Anyang Xinchuang Metallurgy Material, Sinoferro
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Milled FerroSilicon Market Report Segments:
The global Milled FerroSilicon market is segmented on the basis of:
Types
65D, 150D, 270D, 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
Metal Recycling, Mining, Welding Industry
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
- Westbrook Resources Ltd
- Futong Industry
- Exxaro
- M & M Alloys
- Imexsar
- Anyang Xinchuang Metallurgy Material
- Sinoferro
Highlights of The Milled 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:
- 65D
- 150D
- 270D
- Other
- By Application:
- Metal Recycling
- Mining
- Welding Industry
- 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 Milled 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
- 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?
Milled FerroSilicon is a type of ferrous silicon that has been ground to a very fine powder. It is used in applications where high purity and low resistance are required, such as solar cells and electronic components.
Some of the major players in the milled ferrosilicon market are DMS Powders, Westbrook Resources Ltd, Futong Industry, Exxaro, M & M Alloys, Imexsar, Anyang Xinchuang Metallurgy Material, Sinoferro.
The milled ferrosilicon market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Milled FerroSilicon Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Milled FerroSilicon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Milled FerroSilicon Market - Supply Chain
4.5. Global Milled FerroSilicon Market Forecast
4.5.1. Milled FerroSilicon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Milled FerroSilicon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Milled FerroSilicon Market Absolute $ Opportunity
5. Global Milled FerroSilicon Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Milled FerroSilicon Market Size and Volume Forecast by Type
5.3.1. 65D
5.3.2. 150D
5.3.3. 270D
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Milled FerroSilicon Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Milled FerroSilicon Market Size and Volume Forecast by Application
6.3.1. Metal Recycling
6.3.2. Mining
6.3.3. Welding Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Milled FerroSilicon Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Milled FerroSilicon Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Milled FerroSilicon Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Milled FerroSilicon Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Milled FerroSilicon Demand Share Forecast, 2019-2026
9. North America Milled FerroSilicon Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Milled FerroSilicon Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Milled FerroSilicon Market Size and Volume Forecast by Application
9.4.1. Metal Recycling
9.4.2. Mining
9.4.3. Welding Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Milled FerroSilicon Market Size and Volume Forecast by Type
9.7.1. 65D
9.7.2. 150D
9.7.3. 270D
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Milled FerroSilicon Demand Share Forecast, 2019-2026
10. Latin America Milled FerroSilicon Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Milled FerroSilicon Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Milled FerroSilicon Market Size and Volume Forecast by Application
10.4.1. Metal Recycling
10.4.2. Mining
10.4.3. Welding Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Milled FerroSilicon Market Size and Volume Forecast by Type
10.7.1. 65D
10.7.2. 150D
10.7.3. 270D
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Milled FerroSilicon Demand Share Forecast, 2019-2026
11. Europe Milled FerroSilicon Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Milled FerroSilicon Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Milled FerroSilicon Market Size and Volume Forecast by Application
11.4.1. Metal Recycling
11.4.2. Mining
11.4.3. Welding Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Milled FerroSilicon Market Size and Volume Forecast by Type
11.7.1. 65D
11.7.2. 150D
11.7.3. 270D
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10.Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Milled FerroSilicon Demand Share, 2019-2026
12. Asia Pacific Milled FerroSilicon Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Milled FerroSilicon Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Milled FerroSilicon Market Size and Volume Forecast by Application
12.4.1. Metal Recycling
12.4.2. Mining
12.4.3. Welding Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Milled FerroSilicon Market Size and Volume Forecast by Type
12.7.1. 65D
12.7.2. 150D
12.7.3. 270D
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Milled FerroSilicon Demand Share, 2019-2026
13. Middle East & Africa Milled FerroSilicon Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Milled FerroSilicon Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Milled FerroSilicon Market Size and Volume Forecast by Application
13.4.1. Metal Recycling
13.4.2. Mining
13.4.3. Welding Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Milled FerroSilicon Market Size and Volume Forecast by Type
13.7.1. 65D
13.7.2. 150D
13.7.3. 270D
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Milled FerroSilicon Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Milled FerroSilicon Market: Market Share Analysis
14.2. Milled FerroSilicon Distributors and Customers
14.3. Milled FerroSilicon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DMS Powders
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Westbrook Resources Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Futong Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exxaro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. M & M Alloys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Imexsar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anyang Xinchuang Metallurgy Material
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sinoferro
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook