Market Overview:
The global powder ferro alloys 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 deoxidizers, catalysts, and other applications in various industries. In terms of type, the ferro chromium segment is expected to hold a major share of the market during the forecast period. However, among all types, ferro silicon is projected to witness highest growth rate owing to its growing demand from steelmaking and foundry industries across regions.
Product Definition:
Ferro alloys are alloys of iron with other elements, such as carbon. They are ferromagnetic, meaning that they can be magnetized and retain a magnetic field. Ferro alloys are used to make permanent magnets and in other applications where strong magnetic fields are needed.
Ferro Chromium:
Ferro chromium is the ferric oxide content in steel and related alloys. It acts as a catalyst in deoxidizing steel and helps to control the oxidation rate. The product also improves toughness, ductility, hardness, anti-corrosion performance of alloying elements such as manganese, nickel & titanium. Ferro chromium is widely used in construction materials such as pipes & tanks owing to its corrosion resistance property under marine conditions.
Ferro Manganese:
Ferro manganese is a type of iron ore which contains manganese and some ferromanganese. It’s chemical formula is (FeMn)2O5 and it’s appearance varies between brown to black powder. Ferro manganese finds its application in steel making for the production of high-quality steel with improved properties such as strength, hardness, corrosion resistance, wear resistance & weldability.
Application Insights:
The deoxidizer application segment led the global powder ferro alloys market in 2017 and is projected to witness significant growth over the forecast period. The demand for deoxidizers in China, India, and South Korea is expected to witness a high growth rate on account of increasing steel production activities in these countries. In addition, favorable government policies regarding infrastructure development are anticipated to augment industry expansion over the coming years.
The catalyst application segment was valued at USD 544.3 million in 2017 owing to its rising use as an additive for enhancing various properties of metals including strength, wear resistance, and stability during metallurgical processing within iron & steel making plants.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers in China, Japan, India and South Korea has made this region a major supplier for alloys across the globe. Growing demand from end-use industries such as automotive, aerospace & defense, energy & power will drive growth further.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to rising investments by domestic players along with government support for innovation through research grants provided by EU member states for developing new technologies within Europe's economy including powder technology development sector which would result into increased consumption of ferro powders across various applications thereby driving regional growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing demand for powder ferro alloys in the construction and infrastructure sectors
- Rising consumption of powder ferro alloys in electrical and electronics applications
- Increasing adoption of powder ferro alloys in manufacturing processes across various industries
- Growing investments by key players to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Powder Ferro Alloys Market Research Report
By Type
Ferro Chromium, Ferro Manganese, Ferro Silicon, Ferro Tungsten, Ferro Boron, Ferro Niobium, Other
By Application
Deoxidizer, Catalyst, Machinery Manufacturing Industry, Chemical Industry, Other
By Companies
Jayesh Group, Kamman Group, JMC(Japan Metals & Chemicals), IFAPA, Crown Ferro Alloys, NISHIT THERMIT ALLOYS PVT LTD, MidUral Group, Titan International, Ecka Granules, Cheegoole Company, Essel Mining, Shanghai Jordon Powder-Material, Hengyuan Metal & Alloy powders Ltd., Xiangxiang Ferroalloy Powder
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Powder Ferro Alloys Market Report Segments:
The global Powder Ferro Alloys market is segmented on the basis of:
Types
Ferro Chromium, Ferro Manganese, Ferro Silicon, Ferro Tungsten, Ferro Boron, Ferro Niobium, 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
Deoxidizer, Catalyst, Machinery Manufacturing Industry, Chemical Industry, 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:
- Jayesh Group
- Kamman Group
- JMC(Japan Metals & Chemicals)
- IFAPA
- Crown Ferro Alloys
- NISHIT THERMIT ALLOYS PVT LTD
- MidUral Group
- Titan International
- Ecka Granules
- Cheegoole Company
- Essel Mining
- Shanghai Jordon Powder-Material
- Hengyuan Metal & Alloy powders Ltd.
- Xiangxiang Ferroalloy Powder
Highlights of The Powder Ferro Alloys 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:
- Ferro Chromium
- Ferro Manganese
- Ferro Silicon
- Ferro Tungsten
- Ferro Boron
- Ferro Niobium
- Other
- By Application:
- Deoxidizer
- Catalyst
- Machinery Manufacturing Industry
- Chemical Industry
- 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 Powder Ferro Alloys 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.
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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?
Powder ferro alloys are a type of alloy that is made up of small, finely divided iron and nickel. They are often used in applications where high strength and low weight are important, such as aircraft parts and electric motors.
Some of the key players operating in the powder ferro alloys market are Jayesh Group, Kamman Group, JMC(Japan Metals & Chemicals), IFAPA, Crown Ferro Alloys, NISHIT THERMIT ALLOYS PVT LTD, MidUral Group, Titan International, Ecka Granules, Cheegoole Company, Essel Mining, Shanghai Jordon Powder-Material, Hengyuan Metal & Alloy powders Ltd., Xiangxiang Ferroalloy Powder.
The powder ferro alloys 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. Powder Ferro Alloys 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. Powder Ferro Alloys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Powder Ferro Alloys Market - Supply Chain
4.5. Global Powder Ferro Alloys Market Forecast
4.5.1. Powder Ferro Alloys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Powder Ferro Alloys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Powder Ferro Alloys Market Absolute $ Opportunity
5. Global Powder Ferro Alloys 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. Powder Ferro Alloys Market Size and Volume Forecast by Type
5.3.1. Ferro Chromium
5.3.2. Ferro Manganese
5.3.3. Ferro Silicon
5.3.4. Ferro Tungsten
5.3.5. Ferro Boron
5.3.6. Ferro Niobium
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Powder Ferro Alloys 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. Powder Ferro Alloys Market Size and Volume Forecast by Application
6.3.1. Deoxidizer
6.3.2. Catalyst
6.3.3. Machinery Manufacturing Industry
6.3.4. Chemical Industry
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Powder Ferro Alloys 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. Powder Ferro Alloys 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 Powder Ferro Alloys 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. Powder Ferro Alloys 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 Powder Ferro Alloys Demand Share Forecast, 2019-2026
9. North America Powder Ferro Alloys 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 Powder Ferro Alloys 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 Powder Ferro Alloys Market Size and Volume Forecast by Application
9.4.1. Deoxidizer
9.4.2. Catalyst
9.4.3. Machinery Manufacturing Industry
9.4.4. Chemical Industry
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Powder Ferro Alloys Market Size and Volume Forecast by Type
9.7.1. Ferro Chromium
9.7.2. Ferro Manganese
9.7.3. Ferro Silicon
9.7.4. Ferro Tungsten
9.7.5. Ferro Boron
9.7.6. Ferro Niobium
9.7.7. 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 Powder Ferro Alloys Demand Share Forecast, 2019-2026
10. Latin America Powder Ferro Alloys 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 Powder Ferro Alloys 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 Powder Ferro Alloys Market Size and Volume Forecast by Application
10.4.1. Deoxidizer
10.4.2. Catalyst
10.4.3. Machinery Manufacturing Industry
10.4.4. Chemical Industry
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Powder Ferro Alloys Market Size and Volume Forecast by Type
10.7.1. Ferro Chromium
10.7.2. Ferro Manganese
10.7.3. Ferro Silicon
10.7.4. Ferro Tungsten
10.7.5. Ferro Boron
10.7.6. Ferro Niobium
10.7.7. 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 Powder Ferro Alloys Demand Share Forecast, 2019-2026
11. Europe Powder Ferro Alloys 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 Powder Ferro Alloys 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 Powder Ferro Alloys Market Size and Volume Forecast by Application
11.4.1. Deoxidizer
11.4.2. Catalyst
11.4.3. Machinery Manufacturing Industry
11.4.4. Chemical Industry
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Powder Ferro Alloys Market Size and Volume Forecast by Type
11.7.1. Ferro Chromium
11.7.2. Ferro Manganese
11.7.3. Ferro Silicon
11.7.4. Ferro Tungsten
11.7.5. Ferro Boron
11.7.6. Ferro Nioium
11.7.7. 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 Powder Ferro Alloys Demand Share, 2019-2026
12. Asia Pacific Powder Ferro Alloys 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 Powder Ferro Alloys 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 Powder Ferro Alloys Market Size and Volume Forecast by Application
12.4.1. Deoxidizer
12.4.2. Catalyst
12.4.3. Machinery Manufacturing Industry
12.4.4. Chemical Industry
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Powder Ferro Alloys Market Size and Volume Forecast by Type
12.7.1. Ferro Chromium
12.7.2. Ferro Manganese
12.7.3. Ferro Silicon
12.7.4. Ferro Tungsten
12.7.5. Ferro Boron
12.7.6. Ferro Niobium
12.7.7. 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 Powder Ferro Alloys Demand Share, 2019-2026
13. Middle East & Africa Powder Ferro Alloys 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 Powder Ferro Alloys 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 Powder Ferro Alloys Market Size and Volume Forecast by Application
13.4.1. Deoxidizer
13.4.2. Catalyst
13.4.3. Machinery Manufacturing Industry
13.4.4. Chemical Industry
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Powder Ferro Alloys Market Size and Volume Forecast by Type
13.7.1. Ferro Chromium
13.7.2. Ferro Manganese
13.7.3. Ferro Silicon
13.7.4. Ferro Tungsten
13.7.5. Ferro Boron
13.7.6. Ferro Niobium
13.7.7. 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 Powder Ferro Alloys Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Powder Ferro Alloys Market: Market Share Analysis
14.2. Powder Ferro Alloys Distributors and Customers
14.3. Powder Ferro Alloys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jayesh Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kamman Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JMC(Japan Metals & Chemicals)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IFAPA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Crown Ferro 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. NISHIT THERMIT ALLOYS PVT LTD
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MidUral Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Titan International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ecka Granules
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cheegoole Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Essel Mining
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Jordon Powder-Material
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hengyuan Metal & Alloy powders Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xiangxiang Ferroalloy Powder
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