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Ferroalloys Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global ferroalloys market exhibited moderate growth during 2015-2020. Ferroalloys refer to iron-based alloys formed by the carbothermic reaction process. Some of the commonly used ferroalloys include ferromanganese, ferrochromium, ferromolybdenum, ferrovanadium, ferrotitanium, ferroboron and ferrophosphorus. They are used as additives for enhancing the functional properties, such as resistance to abrasion, oxidation and erosion the improving tensile strength, durability and magnetism, of various metals. It is also in the manufacturing of switches, wires, automobile radiators, water heaters, refrigerators, metal casings and chemical processing equipment. As a result, they find extensive applications across various industries, such as automotive, residential, commercial and transportation.

Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Ferroalloys are used for the manufacturing of various automobile components to optimize fuel consumption and increase the overall efficiency of the vehicle. Furthermore, widespread utilization of ferrochromium for the fabrication of stainless steel is providing a thrust to the market growth. Ferroalloys acts as a desulfurizing and deoxidizing agent to increase the hardenability of the steel and promote solid-solution strengthening. In line with this, ferrosilicon is also used for the production of cast iron, which is further used for various industrial applications. Additionally, the adoption of electric arc furnaces (EAF) from blast furnaces for the processing of ferroalloys is acting as another growth-inducing factor. EAFs are highly cost-effective and require minimal power requirements to produce steel from the metal feedstock. Other factors, including extensive infrastructural developments, especially in the developing economies, are anticipated to drive the market toward growth. Looking forward, IMARC Group expects the global ferroalloys market to grow at a CAGR of around 5% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ferroalloys market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.

Breakup by Product:

  • Ferrochrome
  • Ferromanganese
  • Ferro Silicomanganese
  • Ferrosilicon
  • Others
     

Breakup by Application:

  • Carbon and Low Alloy Steel
  • Stainless Steel
  • Alloy Steel
  • Cast Iron
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arcelor Mittal, Brahm Group, China Minmetals Group Co. Ltd., Glencore plc, Gulf Ferro Alloys Company (SABAYEK), Jindal Group, Nikopol Ferroalloy Plant, OM Holdings Ltd., SC Feral Srl, SAIL, Samancore Chrome and Tata Steel Limited.

Key Questions Answered in This Report:

  • How has the global ferroalloys market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global ferroalloys market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global ferroalloys market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Ferroalloys Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Ferrochrome
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Ferromanganese
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Ferro Silicomanganese
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Ferrosilicon
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Carbon and Low Alloy Steel
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Stainless Steel
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Alloy Steel
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Cast Iron
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Arcelor Mittal
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    Brahm Group
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 SWOT Analysis
        13.3.3    China Minmetals Group Co. Ltd.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
           13.3.3.3 SWOT Analysis
        13.3.4    Glencore plc
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 SWOT Analysis
        13.3.5    Gulf Ferro Alloys Company (SABAYEK)
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 SWOT Analysis
        13.3.6    Jindal Group
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 SWOT Analysis
        13.3.7    Nikopol Ferroalloy Plant
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 SWOT Analysis
        13.3.8    OM Holdings Ltd.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 SWOT Analysis
        13.3.9    SC Feral Srl
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    SAIL
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials
           13.3.10.4 SWOT Analysis
        13.3.11    Samancore Chrome
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
        13.3.12    Tata Steel Limited
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio
           13.3.12.3 Financials
           13.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Ferroalloys Market: Major Drivers and Challenges
Figure 2: Global: Ferroalloys Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Ferroalloys Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Ferroalloys Market: Breakup by Product (in %), 2020
Figure 5: Global: Ferroalloys Market: Breakup by Application (in %), 2020
Figure 6: Global: Ferroalloys Market: Breakup by Region (in %), 2020
Figure 7: Global: Ferroalloys (Ferrochrome) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Ferroalloys (Ferrochrome) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Ferroalloys (Ferromanganese) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Ferroalloys (Ferromanganese) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Ferroalloys (Ferro Silicomanganese) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Ferroalloys (Ferro Silicomanganese) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Ferroalloys (Ferrosilicon) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Ferroalloys (Ferrosilicon) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Ferroalloys (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Ferroalloys (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Ferroalloys (Carbon and Low Alloy Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Ferroalloys (Carbon and Low Alloy Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Ferroalloys (Stainless Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Ferroalloys (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Ferroalloys (Alloy Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Ferroalloys (Alloy Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Ferroalloys (Cast Iron) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Ferroalloys (Cast Iron) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Ferroalloys (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Ferroalloys (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: North America: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: North America: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: United States: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: United States: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Canada: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Canada: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Asia-Pacific: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Asia-Pacific: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: China: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: China: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Japan: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Japan: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: India: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: India: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: South Korea: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: South Korea: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Australia: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Australia: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Indonesia: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Indonesia: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Others: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Others: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Europe: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Europe: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Germany: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Germany: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: France: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: France: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: United Kingdom: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: United Kingdom: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Italy: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Italy: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Spain: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Spain: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Russia: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Russia: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Latin America: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Latin America: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Brazil: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Brazil: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Mexico: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Mexico: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Others: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Others: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Middle East and Africa: Ferroalloys Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Middle East and Africa: Ferroalloys Market: Breakup by Country (in %), 2020
Figure 75: Middle East and Africa: Ferroalloys Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Global: Ferroalloys Industry: SWOT Analysis
Figure 77: Global: Ferroalloys Industry: Value Chain Analysis
Figure 78: Global: Ferroalloys Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Ferroalloys Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Ferroalloys Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Ferroalloys Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Ferroalloys Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Ferroalloys Market: Competitive Structure
Table 6: Global: Ferroalloys Market: Key Players

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