Cover Image
Market Research Report
Product code 
1090132

Global Ferrosilicon Market Size study, by Application (Deoxidizer, Inoculants, Others) by End-use (Carbon & Other Alloy Steel, Stainless Steel, Electric Steel, Cast Iron, Others) and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

Price

Back to Top
Global Ferrosilicon Market Size study, by Application (Deoxidizer, Inoculants, Others) by End-use (Carbon & Other Alloy Steel, Stainless Steel, Electric Steel, Cast Iron, Others) and Regional Forecasts 2022-2028
Published: June 13, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Ferrosilicon Market is valued approximately USD 10.78 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.4 % over the forecast period 2022-2028.

Ferrosilicon is a type of iron-silicon alloy with a silicon content of 15-90% by weight.. Because of its outstanding properties, such as high strength, hardness, corrosion resistance, and high temperature resistance, ferrosilicon is widely used in steel and cast iron applications. Ninety percent of ferrosilicon is utilised in the production of iron and steel. Ferrosilicon is used to inoculate iron to speed up graphitization in the manufacturing of cast iron. Rising ferrosilicon demand in the steel and cast iron industries is likely to drive market expansion over the forecast period. Ferrosilicon is used as a deoxidizer in the steel industry to reduce carbon loss during the manufacturing process. As a result, increasing steel sector investment is likely to boost market expansion. As per company source, In Tangshan, Hebei, China, POSCO began building of a new galvanized steel factory in January 2022, which is jointly owned by HBIS Group. The $600 million plant will produce 900 kilotons of galvanized steel sheets per year and will be sold to the automotive industry. Because of their long life span and great compressive strength, cast iron pipes are also extensively used in plumbing applications. Cast iron pipe makers are expanding their capacity, which means more ferrosilicon is being used. For example, AMERICAN SpiralWeld Pipe Company, a cast iron pipe manufacturer, said in December 2021invested USD 40 million in Richland County, South Carolina to expand its operations. Increased construction investment in China is also expected to promote market growth. However, the availability of alternative ferroalloys will stifle market growth between 2022 and 2028.

The key regions considered for the global Ferrosilicon Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The ferrosilicon market was dominated by Asia Pacific, which accounted for the majority of revenue. Steel production is being boosted by the ferrosilicon market, which is benefiting from the strong potential for infrastructure expansion as well as continuous investment in the vehicle industry. According to the World Steel Association, China, India, and Japan were the top three crude steel producers in the world in 2021. While China and Japan expect production to fall, India expects a 4.7 percent increase from 2020 to 2021. Various steel capacity expansion investments are being made across the area, which is projected to boost market growth during the forecast period.

Major market player included in this report are:

Elkem ASA

Eurasian Resources Group

Ferro Alloys Corporation Limited (FACOR)

FINNFJORD AS

Ferroglobe

IMFA

OM Holdings Ltd.

Russian Ferro-Alloys Inc.

SINOGU CHINA

VBC Ferro Alloys Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application

Deoxidizer

Inoculants

Others

By End-use

Carbon & Other Alloy Steel

Stainless Steel

Electric Steel

Cast Iron

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Ferrosilicon Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2028 (USD Billion)
    • 1.2.1. Ferrosilicon Market, by Region, 2018-2028 (USD Billion)
    • 1.2.2. Ferrosilicon Market, by Application, 2018-2028 (USD Billion)
    • 1.2.3. Ferrosilicon Market, by End-use, 2018-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Ferrosilicon Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Ferrosilicon Market Dynamics

  • 3.1. Ferrosilicon Market Impact Analysis (2018-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Surging use of ferrosilicon as a deoxidizer in the steel industry
      • 3.1.1.2. Rising investments in construction industry
    • 3.1.2. Market Challenges
      • 3.1.2.1. Availability of Substitute Ferroalloys
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rise in Demand for Production of Steel and Metal Alloys
      • 3.1.3.2. Rising demand for renewable energy

Chapter 4. Global Ferrosilicon Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Ferrosilicon Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Ferrosilicon Market by Application, Performance - Potential Analysis
  • 6.3. Global Ferrosilicon Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
  • 6.4. Ferrosilicon Market, Sub Segment Analysis
    • 6.4.1. Deoxidizer
    • 6.4.2. Inoculants
    • 6.4.3. Others

Chapter 7. Global Ferrosilicon Market, by End-use

  • 7.1. Market Snapshot
  • 7.2. Global Ferrosilicon Market by End-use, Performance - Potential Analysis
  • 7.3. Global Ferrosilicon Market Estimates & Forecasts by End-use 2018-2028 (USD Billion)
  • 7.4. Ferrosilicon Market, Sub Segment Analysis
    • 7.4.1. Carbon & Other Alloy Steel
    • 7.4.2. Stainless Steel
    • 7.4.3. Electric Steel
    • 7.4.4. Cast Iron
    • 7.4.5. Others

Chapter 8. Global Ferrosilicon Market, Regional Analysis

  • 8.1. Ferrosilicon Market, Regional Market Snapshot
  • 8.2. North America Ferrosilicon Market
    • 8.2.1. U.S. Ferrosilicon Market
      • 8.2.1.1. Application breakdown estimates & forecasts, 2018-2028
      • 8.2.1.2. End-use breakdown estimates & forecasts, 2018-2028
    • 8.2.2. Canada Ferrosilicon Market
  • 8.3. Europe Ferrosilicon Market Snapshot
    • 8.3.1. U.K. Ferrosilicon Market
    • 8.3.2. Germany Ferrosilicon Market
    • 8.3.3. France Ferrosilicon Market
    • 8.3.4. Spain Ferrosilicon Market
    • 8.3.5. Italy Ferrosilicon Market
    • 8.3.6. Rest of Europe Ferrosilicon Market
  • 8.4. Asia-Pacific Ferrosilicon Market Snapshot
    • 8.4.1. China Ferrosilicon Market
    • 8.4.2. India Ferrosilicon Market
    • 8.4.3. Japan Ferrosilicon Market
    • 8.4.4. Australia Ferrosilicon Market
    • 8.4.5. South Korea Ferrosilicon Market
    • 8.4.6. Rest of Asia Pacific Ferrosilicon Market
  • 8.5. Latin America Ferrosilicon Market Snapshot
    • 8.5.1. Brazil Ferrosilicon Market
    • 8.5.2. Mexico Ferrosilicon Market
  • 8.6. Rest of The World Ferrosilicon Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Elkem ASA
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Eurasian Resources Group
    • 9.2.3. Ferro Alloys Corporation Limited (FACOR)
    • 9.2.4. FINNFJORD AS
    • 9.2.5. Ferroglobe
    • 9.2.6. IMFA
    • 9.2.7. OM Holdings Ltd.
    • 9.2.8. Russian Ferro-Alloys Inc.
    • 9.2.9. SINOGU CHINA
    • 9.2.10. VBC Ferro Alloys Limited

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Ferrosilicon market, report scope
  • TABLE 2. Global Ferrosilicon market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Ferrosilicon market estimates & forecasts by Application 2018-2028 (USD Billion)
  • TABLE 4. Global Ferrosilicon market estimates & forecasts by End-use 2018-2028 (USD Billion)
  • TABLE 5. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Ferrosilicon market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global Ferrosilicon market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. U.S. Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. U.S. Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. U.S. Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 18. Canada Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 19. Canada Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Canada Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 21. UK Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 22. UK Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. UK Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 24. Germany Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 25. Germany Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. Germany Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 27. RoE Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 28. RoE Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. RoE Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 30. China Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 31. China Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 1. China Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 2. India Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 3. India Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 4. India Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 5. Japan Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Japan Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 7. Japan Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 8. RoAPAC Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. RoAPAC Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 10. RoAPAC Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 11. Brazil Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Brazil Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 13. Brazil Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 14. Mexico Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. Mexico Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 16. Mexico Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. RoLA Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 18. RoLA Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 19. RoLA Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Row Ferrosilicon market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 21. Row Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 22. Row Ferrosilicon market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. List of secondary sources, used in the study of global Ferrosilicon market
  • TABLE 24. List of primary sources, used in the study of global Ferrosilicon market
  • TABLE 25. Years considered for the study
  • TABLE 26. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Ferrosilicon market, research methodology
  • FIG 2. Global Ferrosilicon market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Ferrosilicon market, key trends 2021
  • FIG 5. Global Ferrosilicon market, growth prospects 2022-2028
  • FIG 6. Global Ferrosilicon market, porters 5 force model
  • FIG 7. Global Ferrosilicon market, pest analysis
  • FIG 8. Global Ferrosilicon market, value chain analysis
  • FIG 9. Global Ferrosilicon market by segment, 2018 & 2028 (USD Billion)
  • FIG 10. Global Ferrosilicon market by segment, 2018 & 2028 (USD Billion)
  • FIG 11. Global Ferrosilicon market by segment, 2018 & 2028 (USD Billion)
  • FIG 12. Global Ferrosilicon market by segment, 2018 & 2028 (USD Billion)
  • FIG 13. Global Ferrosilicon market by segment, 2018 & 2028 (USD Billion)
  • FIG 14. Global Ferrosilicon market, regional snapshot 2018 & 2028
  • FIG 15. North America Ferrosilicon market 2018 & 2028 (USD Billion)
  • FIG 16. Europe Ferrosilicon market 2018 & 2028 (USD Billion)
  • FIG 17. Asia pacific Ferrosilicon market 2018 & 2028 (USD Billion)
  • FIG 18. Latin America Ferrosilicon market 2018 & 2028 (USD Billion)
  • FIG 19. Global Ferrosilicon market, company market share analysis (2021)