Ferro Alloys Market Size, Trends & Growth Opportunity, by Type (Noble ferro alloys, Bulk ferro alloys), by Productions (Electric arc furnace, Blast furnace), by End-users (Electronics, Steel, Automotive and transportation, Construction), and by geography (North America, Latin America, Europe, APAC, Middle East & Africa) and forecast till 2027
Report ID : QR1001251 | Industries : Chemicals & Materials | Published On :October 2021 | Page Count : 265Global Ferro Alloys Market
Ferroalloys are a set of materials consisting of iron and different alloying essentials which are normally used for the production of steel. In steelmaking to improve the specific properties of steel products Ferroalloys are used. The properties like fatigue strength, tensile strength, corrosion resistance, and ductility are upgraded through the addition of ferroalloys.
Market Drivers
Because of the growing demand for ferro alloys among the worldwide steel industries, the automobile, automotive and transportation industries are predicted to drive the growth of global ferro alloys market during the forecast period. The Significant advancement of the technology is also one of the key factors that drive the growth of global ferro alloys market. Other factors, including extensive infrastructural developments, especially in the developing economies, are anticipated to drive the market toward growth.
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Market Restraints
The global ferro alloys market is driving its growth because of the growing use in the production of automobile, automotive & transportation industries and advancement of the technology. But technological advancement can hinder the growth of the global market. Strict regulations in concern to environmental hazard with high operating costs are main factors restraining the growth and hindering the market.
Market Segmentation
Ferroalloys Market is segmented by Type (Noble ferro alloys, Bulk ferro alloys), by Productions (Electric arc furnace, Blast furnace), by End-users (Electronics, Steel, Automotive and transportation, Construction, Superalloys and Others), and by geography (North America, Latin America, Europe, APAC, Middle East & Africa).
Regional Analysis
The ferro alloys market is growing in various regions such as North America, Latin America, Europe, Asia-Pacific, and other parts of the world. However, Asia-Pacific is projected to be the largest market during the forecast period. The Europe region is predicted to grow in the reviewed period because of the ferro alloys usages in the automotive industry and the increasing use of matrix alloys. Along with his, the North American region is expected to register a higher CAGR for the forecast period. Middle East and Africa reported for a smaller share in 2020 in the market, yet, it is projected to depict lucrative growth in the coming years.
Market Key Players
Key players in the Ferro Alloys Market are 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.
Industry Development
The end-users like construction, electronics, and automotive are estimated to increase the global market as well as aimed to increase the demand of the ferro alloys product.
Anil Agarwal-owned Vedanta took over Ferro Alloys Corporation (Facor) and its sub-company Facor Power through the insolvency made process. The company paid cash of ?10 crores and the balance ?270 crores by Non-Convertible Debentures payable uniformly over four years from March 2021.
Ferroalloys Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data End-users
3 Executive Summary
4 Ferroalloys Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Ferroalloys Market, By Types
5.1 Y-o-Y Growth Comparison, By Types
5.2 Ferroalloys Market Share Analysis, By Types
5.3 Ferroalloys Market Size and Forecast, By Types
5.3.1 Noble ferro alloys
5.3.2 Bulk ferro alloys
6 Ferroalloys Market, By Productions
6.1 Y-o-Y Growth Comparison, By Productions
6.2 Ferroalloys Market Share Analysis, By Productions
6.3 Ferroalloys Market Size and Forecast, By Productions
6.3.1 Electric arc furnace
6.3.2 Blast furnace
7 Ferroalloys Market, By End-users
7.1 Y-o-Y Growth Comparison, By End-users
7.2 Ferroalloys Market Share Analysis, By End-users
7.3 Ferroalloys Market Size and Forecast, By End-users
7.3.1 Electronics
7.3.2 Automotive & transportation
7.3.3 Steel
7.3.4 Superalloys
7.3.5 Construction
7.3.6 Others
8 Ferroalloys Market, By Region
8.1 Ferroalloys Market Share Analysis, By Region
8.2 Ferroalloys Market Share Analysis, By Region
8.3 Ferroalloys Market Size and Forecast, By Region
9 North America Ferroalloys Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Ferroalloys Market Share Analysis, By Types
9.3 North America Ferroalloys Market Size and Forecast, By Productions
9.4 North America Ferroalloys Market Size and Forecast, By End-users
9.5 North America Ferroalloys Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Ferroalloys Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Ferroalloys Market Share Analysis, By Types
10.3 Europe Ferroalloys Market Size and Forecast, By Productions
10.4 Europe Ferroalloys Market Size and Forecast, By End-users
10.5 Europe Ferroalloys Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Ferroalloys Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Ferroalloys Market Share Analysis, By Types
11.3 Asia Pacific Ferroalloys Market Size and Forecast, By Productions
11.4 Asia Pacific Ferroalloys Market Size and Forecast, By End-users
11.5 Asia Pacific Ferroalloys Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Ferroalloys Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Ferroalloys Market Share Analysis, By Types
12.3 Latin America Ferroalloys Market Size and Forecast, By Productions
12.4 Latin America Ferroalloys Market Size and Forecast, By End-users
12.5 Latin America Ferroalloys Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Ferroalloys Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Ferroalloys Market Share Analysis, By Types
13.3 Middle East Ferroalloys Market Size and Forecast, By Productions
13.4 Middle East Ferroalloys Market Size and Forecast, By End-users
13.5 Middle East Ferroalloys Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Arcelor Mittal
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.8 Key Strategies
15.2 Brahm Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.8 Key Strategies
15.3 China Minmetals Group Co. Ltd.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.8 Key Strategies
15.4 Glencore plc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.8 Key Strategies
15.5 Gulf Ferro Alloys Company (SABAYEK)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.8 Key Strategies
15.6 Jindal Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Nikopol Ferroalloy Plant
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 OM Holdings Ltd.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 SC Feral Srl
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 SAIL
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Samancore Chrome
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
15.12 Tata Steel Limited
15.12.1 Overview
15.12.2 Offerings
15.12.3 Key Financials
15.12.4 Business Segment & Geographic Overview
15.12.5 Key Market Developments
15.12.6 Key Strategies