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Ferrochromium-Global Market Insights and Sales Trends 2024
Synopsis
Ferrochrome also called ferro chrome, or charge chrome, is a type of chromium and iron alloy, it is an essential ingredient in producing stainless and specialty steels.
The global Ferrochromium market size is expected to reach US$ 22910 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Ferrochromium in various end use industries. The expanding demands from the Stainless Steel, Cast Iron, Powder Metallurgy and Others, are propelling Ferrochromium market. Extra Low Carbon Ferrochromium Powder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Carbon Ferrochromium Powder segment is estimated at % CAGR for the next seven-year period.
Glencore-Merafe, Eurasian Resources Group and Samancor Chrome are the top 3 players of Ferrochrome, with about 20% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ferrochromium, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ferrochromium market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ferrochromium market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ferrochromium sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ferrochromium covered in this report include Nava Bharat Ventures, VISA STEEL, Balasore Alloys, Aarti Steels, SR Group, Vyankatesh Metals＆Alloys, Merafe Resources, Ferro Alloys and Hernic Ferrochrome, etc.
The global Ferrochromium market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nava Bharat Ventures
VISA STEEL
Balasore Alloys
Aarti Steels
SR Group
Vyankatesh Metals＆Alloys
Merafe Resources
Ferro Alloys
Hernic Ferrochrome
Samancor Chrome
Eurasian Resources
International Ferro Metals
Tata Steel
Mintal
IMFA
Shanxi Jiang County Minmetal
Global Ferrochromium market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ferrochromium market, Segment by Type:
Extra Low Carbon Ferrochromium Powder
Low Carbon Ferrochromium Powder
High Carbon Ferrochromium Powder
Extra High Carbon Ferrochromium Powder
Global Ferrochromium market, by Application
Stainless Steel
Cast Iron
Powder Metallurgy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ferrochromium manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ferrochromium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Ferrochrome also called ferro chrome, or charge chrome, is a type of chromium and iron alloy, it is an essential ingredient in producing stainless and specialty steels.
The global Ferrochromium market size is expected to reach US$ 22910 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Ferrochromium in various end use industries. The expanding demands from the Stainless Steel, Cast Iron, Powder Metallurgy and Others, are propelling Ferrochromium market. Extra Low Carbon Ferrochromium Powder, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low Carbon Ferrochromium Powder segment is estimated at % CAGR for the next seven-year period.
Glencore-Merafe, Eurasian Resources Group and Samancor Chrome are the top 3 players of Ferrochrome, with about 20% market shares.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ferrochromium, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ferrochromium market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ferrochromium market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ferrochromium sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ferrochromium covered in this report include Nava Bharat Ventures, VISA STEEL, Balasore Alloys, Aarti Steels, SR Group, Vyankatesh Metals＆Alloys, Merafe Resources, Ferro Alloys and Hernic Ferrochrome, etc.
The global Ferrochromium market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Nava Bharat Ventures
VISA STEEL
Balasore Alloys
Aarti Steels
SR Group
Vyankatesh Metals＆Alloys
Merafe Resources
Ferro Alloys
Hernic Ferrochrome
Samancor Chrome
Eurasian Resources
International Ferro Metals
Tata Steel
Mintal
IMFA
Shanxi Jiang County Minmetal
Global Ferrochromium market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ferrochromium market, Segment by Type:
Extra Low Carbon Ferrochromium Powder
Low Carbon Ferrochromium Powder
High Carbon Ferrochromium Powder
Extra High Carbon Ferrochromium Powder
Global Ferrochromium market, by Application
Stainless Steel
Cast Iron
Powder Metallurgy
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ferrochromium manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ferrochromium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ferrochromium Market Overview
1.1 Ferrochromium Product Overview
1.2 Ferrochromium Market Segment by Type
1.2.1 Extra Low Carbon Ferrochromium Powder
1.2.2 Low Carbon Ferrochromium Powder
1.2.3 High Carbon Ferrochromium Powder
1.2.4 Extra High Carbon Ferrochromium Powder
1.3 Global Ferrochromium Market Size by Type
1.3.1 Global Ferrochromium Market Size Overview by Type (2018-2029)
1.3.2 Global Ferrochromium Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ferrochromium Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ferrochromium Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ferrochromium Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ferrochromium Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ferrochromium Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ferrochromium Sales Breakdown by Type (2018-2023)
2 Global Ferrochromium Market Competition by Company
2.1 Global Top Players by Ferrochromium Sales (2018-2023)
2.2 Global Top Players by Ferrochromium Revenue (2018-2023)
2.3 Global Top Players by Ferrochromium Price (2018-2023)
2.4 Global Top Manufacturers Ferrochromium Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ferrochromium Market Competitive Situation and Trends
2.5.1 Ferrochromium Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ferrochromium Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ferrochromium as of 2022)
2.7 Date of Key Manufacturers Enter into Ferrochromium Market
2.8 Key Manufacturers Ferrochromium Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ferrochromium Status and Outlook by Region
3.1 Global Ferrochromium Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ferrochromium Historic Market Size by Region
3.2.1 Global Ferrochromium Sales in Volume by Region (2018-2023)
3.2.2 Global Ferrochromium Sales in Value by Region (2018-2023)
3.2.3 Global Ferrochromium Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ferrochromium Forecasted Market Size by Region
3.3.1 Global Ferrochromium Sales in Volume by Region (2024-2029)
3.3.2 Global Ferrochromium Sales in Value by Region (2024-2029)
3.3.3 Global Ferrochromium Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ferrochromium by Application
4.1 Ferrochromium Market Segment by Application
4.1.1 Stainless Steel
4.1.2 Cast Iron
4.1.3 Powder Metallurgy
4.1.4 Others
4.2 Global Ferrochromium Market Size by Application
4.2.1 Global Ferrochromium Market Size Overview by Application (2018-2029)
4.2.2 Global Ferrochromium Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ferrochromium Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ferrochromium Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ferrochromium Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ferrochromium Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ferrochromium Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ferrochromium Sales Breakdown by Application (2018-2023)
5 North America Ferrochromium by Country
5.1 North America Ferrochromium Historic Market Size by Country
5.1.1 North America Ferrochromium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ferrochromium Sales in Volume by Country (2018-2023)
5.1.3 North America Ferrochromium Sales in Value by Country (2018-2023)
5.2 North America Ferrochromium Forecasted Market Size by Country
5.2.1 North America Ferrochromium Sales in Volume by Country (2024-2029)
5.2.2 North America Ferrochromium Sales in Value by Country (2024-2029)
6 Europe Ferrochromium by Country
6.1 Europe Ferrochromium Historic Market Size by Country
6.1.1 Europe Ferrochromium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ferrochromium Sales in Volume by Country (2018-2023)
6.1.3 Europe Ferrochromium Sales in Value by Country (2018-2023)
6.2 Europe Ferrochromium Forecasted Market Size by Country
6.2.1 Europe Ferrochromium Sales in Volume by Country (2024-2029)
6.2.2 Europe Ferrochromium Sales in Value by Country (2024-2029)
7 Asia-Pacific Ferrochromium by Region
7.1 Asia-Pacific Ferrochromium Historic Market Size by Region
7.1.1 Asia-Pacific Ferrochromium Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ferrochromium Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ferrochromium Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ferrochromium Forecasted Market Size by Region
7.2.1 Asia-Pacific Ferrochromium Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ferrochromium Sales in Value by Region (2024-2029)
8 Latin America Ferrochromium by Country
8.1 Latin America Ferrochromium Historic Market Size by Country
8.1.1 Latin America Ferrochromium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ferrochromium Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ferrochromium Sales in Value by Country (2018-2023)
8.2 Latin America Ferrochromium Forecasted Market Size by Country
8.2.1 Latin America Ferrochromium Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ferrochromium Sales in Value by Country (2024-2029)
9 Middle East and Africa Ferrochromium by Country
9.1 Middle East and Africa Ferrochromium Historic Market Size by Country
9.1.1 Middle East and Africa Ferrochromium Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ferrochromium Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ferrochromium Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ferrochromium Forecasted Market Size by Country
9.2.1 Middle East and Africa Ferrochromium Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ferrochromium Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Nava Bharat Ventures
10.1.1 Nava Bharat Ventures Company Information
10.1.2 Nava Bharat Ventures Introduction and Business Overview
10.1.3 Nava Bharat Ventures Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Nava Bharat Ventures Ferrochromium Products Offered
10.1.5 Nava Bharat Ventures Recent Development
10.2 VISA STEEL
10.2.1 VISA STEEL Company Information
10.2.2 VISA STEEL Introduction and Business Overview
10.2.3 VISA STEEL Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.2.4 VISA STEEL Ferrochromium Products Offered
10.2.5 VISA STEEL Recent Development
10.3 Balasore Alloys
10.3.1 Balasore Alloys Company Information
10.3.2 Balasore Alloys Introduction and Business Overview
10.3.3 Balasore Alloys Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Balasore Alloys Ferrochromium Products Offered
10.3.5 Balasore Alloys Recent Development
10.4 Aarti Steels
10.4.1 Aarti Steels Company Information
10.4.2 Aarti Steels Introduction and Business Overview
10.4.3 Aarti Steels Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Aarti Steels Ferrochromium Products Offered
10.4.5 Aarti Steels Recent Development
10.5 SR Group
10.5.1 SR Group Company Information
10.5.2 SR Group Introduction and Business Overview
10.5.3 SR Group Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SR Group Ferrochromium Products Offered
10.5.5 SR Group Recent Development
10.6 Vyankatesh Metals＆Alloys
10.6.1 Vyankatesh Metals＆Alloys Company Information
10.6.2 Vyankatesh Metals＆Alloys Introduction and Business Overview
10.6.3 Vyankatesh Metals＆Alloys Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Vyankatesh Metals＆Alloys Ferrochromium Products Offered
10.6.5 Vyankatesh Metals＆Alloys Recent Development
10.7 Merafe Resources
10.7.1 Merafe Resources Company Information
10.7.2 Merafe Resources Introduction and Business Overview
10.7.3 Merafe Resources Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Merafe Resources Ferrochromium Products Offered
10.7.5 Merafe Resources Recent Development
10.8 Ferro Alloys
10.8.1 Ferro Alloys Company Information
10.8.2 Ferro Alloys Introduction and Business Overview
10.8.3 Ferro Alloys Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Ferro Alloys Ferrochromium Products Offered
10.8.5 Ferro Alloys Recent Development
10.9 Hernic Ferrochrome
10.9.1 Hernic Ferrochrome Company Information
10.9.2 Hernic Ferrochrome Introduction and Business Overview
10.9.3 Hernic Ferrochrome Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hernic Ferrochrome Ferrochromium Products Offered
10.9.5 Hernic Ferrochrome Recent Development
10.10 Samancor Chrome
10.10.1 Samancor Chrome Company Information
10.10.2 Samancor Chrome Introduction and Business Overview
10.10.3 Samancor Chrome Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Samancor Chrome Ferrochromium Products Offered
10.10.5 Samancor Chrome Recent Development
10.11 Eurasian Resources
10.11.1 Eurasian Resources Company Information
10.11.2 Eurasian Resources Introduction and Business Overview
10.11.3 Eurasian Resources Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Eurasian Resources Ferrochromium Products Offered
10.11.5 Eurasian Resources Recent Development
10.12 International Ferro Metals
10.12.1 International Ferro Metals Company Information
10.12.2 International Ferro Metals Introduction and Business Overview
10.12.3 International Ferro Metals Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.12.4 International Ferro Metals Ferrochromium Products Offered
10.12.5 International Ferro Metals Recent Development
10.13 Tata Steel
10.13.1 Tata Steel Company Information
10.13.2 Tata Steel Introduction and Business Overview
10.13.3 Tata Steel Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Tata Steel Ferrochromium Products Offered
10.13.5 Tata Steel Recent Development
10.14 Mintal
10.14.1 Mintal Company Information
10.14.2 Mintal Introduction and Business Overview
10.14.3 Mintal Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Mintal Ferrochromium Products Offered
10.14.5 Mintal Recent Development
10.15 IMFA
10.15.1 IMFA Company Information
10.15.2 IMFA Introduction and Business Overview
10.15.3 IMFA Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.15.4 IMFA Ferrochromium Products Offered
10.15.5 IMFA Recent Development
10.16 Shanxi Jiang County Minmetal
10.16.1 Shanxi Jiang County Minmetal Company Information
10.16.2 Shanxi Jiang County Minmetal Introduction and Business Overview
10.16.3 Shanxi Jiang County Minmetal Ferrochromium Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Shanxi Jiang County Minmetal Ferrochromium Products Offered
10.16.5 Shanxi Jiang County Minmetal Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ferrochromium Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Ferrochromium Industrial Chain Analysis
11.4 Ferrochromium Market Dynamics
11.4.1 Ferrochromium Industry Trends
11.4.2 Ferrochromium Market Drivers
11.4.3 Ferrochromium Market Challenges
11.4.4 Ferrochromium Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ferrochromium Distributors
12.3 Ferrochromium Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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