The global silicon alloys market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for stainless steel production and electrical steel production, which are used in various industries such as automotive, construction, and aerospace & defense. The increasing demand for these products has led to an increase in the consumption of silicon alloys in these industries. Ferro Silicon Alloys accounted for the largest share of this market in 2018 due to its use as a raw material for producing ferrosilicon alloy which is used as an alloying agent with iron or other metals such as nickel or chromium to produce stainless steel and electrical steel. Aluminium Silicon Alloy accounted for the second-largest share due to its use in manufacturing aluminium silicon alloy sheets that are used extensively in various applications such as aircrafts, automobiles, and buildings among others.
Some Of The Growth Factors Of This Market:
- Silicon alloys are used in the production of semiconductors and solar cells, which are two industries that have been growing rapidly in recent years and will continue to do so in the future.
- Silicon alloys are also used as an alloying agent for steel, aluminum, copper, nickel and other metals; this means that as these metals become more popular due to their low cost or high quality, so too will silicon alloys because they can be used as an alloying agent with them.
- The increasing use of silicon-based technologies such as smartphones and tablets has led to a rise in demand for silicon-based materials such as silicon wafers and photovoltaic cells.
- The increasing use of renewable energy sources has led to a rise in demand for solar panels; this means that there will be increased demand for materials such as polysilicon (a type of silicone).
Industry Growth Insights published a new data on “Silicon Alloys Market”. The research report is titled “Silicon Alloys Market research by Types (Ferro Silicon Alloys, Aluminium Silicon Alloy, Silicon Manganese Alloy, Others), By Applications (Stainless Steel Production, Electrical Steel Production, Others), By Players/Companies Elkem, Ferroglobe, ArcelorMittal, OM Holdings Ltd, OJSC Chelyabinsk Electrometallurgical Works, Dragon Northwest Ferroalloy, Kuwait United Chemalloys Manufacturing, DMS Powders, JSL Limited, Georgian American Alloys, Lalwani Ferro Alloys, Tata Steel, Pioneer Carbide, Steelmin Limited, Jilin Ferroalloys”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Alloys Market Research Report
By Type
Ferro Silicon Alloys, Aluminium Silicon Alloy, Silicon Manganese Alloy, Others
By Application
Stainless Steel Production, Electrical Steel Production, Others
By Companies
Elkem, Ferroglobe, ArcelorMittal, OM Holdings Ltd, OJSC Chelyabinsk Electrometallurgical Works, Dragon Northwest Ferroalloy, Kuwait United Chemalloys Manufacturing, DMS Powders, JSL Limited, Georgian American Alloys, Lalwani Ferro Alloys, Tata Steel, Pioneer Carbide, Steelmin Limited, Jilin Ferroalloys
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Alloys Market Report Segments:
The global Silicon Alloys market is segmented on the basis of:
Types
Ferro Silicon Alloys, Aluminium Silicon Alloy, Silicon Manganese Alloy, Others
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
Stainless Steel Production, Electrical Steel Production, 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:
- Elkem
- Ferroglobe
- ArcelorMittal
- OM Holdings Ltd
- OJSC Chelyabinsk Electrometallurgical Works
- Dragon Northwest Ferroalloy
- Kuwait United Chemalloys Manufacturing
- DMS Powders
- JSL Limited
- Georgian American Alloys
- Lalwani Ferro Alloys
- Tata Steel
- Pioneer Carbide
- Steelmin Limited
- Jilin Ferroalloys
Highlights of The Silicon 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 Silicon Alloys
- Aluminium Silicon Alloy
- Silicon Manganese Alloy
- Others
- By Application:
- Stainless Steel Production
- Electrical Steel Production
- 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 Silicon 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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- Correctly Positioning New Products
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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?
Silicon alloys are materials that contain silicon and other elements in a metallic form. They are often used to create components for electronic devices, including semiconductors and transistors.
Some of the major players in the silicon alloys market are Elkem, Ferroglobe, ArcelorMittal, OM Holdings Ltd, OJSC Chelyabinsk Electrometallurgical Works, Dragon Northwest Ferroalloy, Kuwait United Chemalloys Manufacturing, DMS Powders, JSL Limited, Georgian American Alloys, Lalwani Ferro Alloys, Tata Steel, Pioneer Carbide, Steelmin Limited, Jilin Ferroalloys.
The silicon alloys market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon 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. Silicon Alloys Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Alloys Market - Supply Chain
4.5. Global Silicon Alloys Market Forecast
4.5.1. Silicon Alloys Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Alloys Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Alloys Market Absolute $ Opportunity
5. Global Silicon 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. Silicon Alloys Market Size and Volume Forecast by Type
5.3.1. Ferro Silicon Alloys
5.3.2. Aluminium Silicon Alloy
5.3.3. Silicon Manganese Alloy
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon 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. Silicon Alloys Market Size and Volume Forecast by Application
6.3.1. Stainless Steel Production
6.3.2. Electrical Steel Production
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon 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. Silicon 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 Silicon 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. Silicon 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 Silicon Alloys Demand Share Forecast, 2019-2026
9. North America Silicon 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 Silicon 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 Silicon Alloys Market Size and Volume Forecast by Application
9.4.1. Stainless Steel Production
9.4.2. Electrical Steel Production
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Alloys Market Size and Volume Forecast by Type
9.7.1. Ferro Silicon Alloys
9.7.2. Aluminium Silicon Alloy
9.7.3. Silicon Manganese Alloy
9.7.4. Others
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 Silicon Alloys Demand Share Forecast, 2019-2026
10. Latin America Silicon 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 Silicon 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 Silicon Alloys Market Size and Volume Forecast by Application
10.4.1. Stainless Steel Production
10.4.2. Electrical Steel Production
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Alloys Market Size and Volume Forecast by Type
10.7.1. Ferro Silicon Alloys
10.7.2. Aluminium Silicon Alloy
10.7.3. Silicon Manganese Alloy
10.7.4. Others
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 Silicon Alloys Demand Share Forecast, 2019-2026
11. Europe Silicon 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 Silicon 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 Silicon Alloys Market Size and Volume Forecast by Application
11.4.1. Stainless Steel Production
11.4.2. Electrical Steel Production
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Alloys Market Size and Volume Forecast by Type
11.7.1. Ferro Silicon Alloys
11.7.2. Aluminium Silicon Alloy
11.7.3. Silicon Manganese Alloy
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Marke 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 Silicon Alloys Demand Share, 2019-2026
12. Asia Pacific Silicon 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 Silicon 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 Silicon Alloys Market Size and Volume Forecast by Application
12.4.1. Stainless Steel Production
12.4.2. Electrical Steel Production
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Alloys Market Size and Volume Forecast by Type
12.7.1. Ferro Silicon Alloys
12.7.2. Aluminium Silicon Alloy
12.7.3. Silicon Manganese Alloy
12.7.4. Others
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 Silicon Alloys Demand Share, 2019-2026
13. Middle East & Africa Silicon 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 Silicon 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 Silicon Alloys Market Size and Volume Forecast by Application
13.4.1. Stainless Steel Production
13.4.2. Electrical Steel Production
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Alloys Market Size and Volume Forecast by Type
13.7.1. Ferro Silicon Alloys
13.7.2. Aluminium Silicon Alloy
13.7.3. Silicon Manganese Alloy
13.7.4. Others
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 Silicon Alloys Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicon Alloys Market: Market Share Analysis
14.2. Silicon Alloys Distributors and Customers
14.3. Silicon Alloys Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elkem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ferroglobe
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ArcelorMittal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OM Holdings Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OJSC Chelyabinsk Electrometallurgical Works
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dragon Northwest Ferroalloy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kuwait United Chemalloys Manufacturing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DMS Powders
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JSL Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Georgian American Alloys
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lalwani Ferro Alloys
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tata Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pioneer Carbide
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Steelmin Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jilin Ferroalloys
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