Click here to close now.


News Feed Item

Global Ferroalloy (Ferrochrome, Ferromanganese, Ferrosilicon and Others) Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2020

DUBLIN, Aug. 22, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Ferroalloy (Ferrochrome, Ferromanganese, Ferrosilicon and Others) Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2020" report to their offering.


Ferroalloy refers to compounds that contain iron as well as other elements such as silicon, manganese and chromium. Ferroalloy is commonly manufactured through the carbothermic reaction process. This process entails reduction of oxides with carbon in the presence of iron. Ferroalloy is usually classified as bulk ferroalloys and other ferroalloys. Bulk ferroalloys include ferrosilicon, ferrochrome and ferromanganese. Bulk ferroalloys are manufactured and utilized in large quantities as compared to other ferroalloys. Other ferroalloys include ferrotitanium, ferrouranium, ferrocerium, ferromolybdenum and ferrovanadium. Ferroalloys are widely used in the manufacture of different types of steel such as stainless steel, carbon steel and alloy steel.

With over two-third share of total consumption in 2013, stainless steel industry was the major application segment of the ferroalloy market. Ferroalloy is used to impart distinctive physical properties to steel by addition of various elements such as manganese, chromium and silicon. Ferromanganese is primarily used to counteract the harmful effects of sulfur during the production of virtually all types of steel and cast iron. Ferrosilicon is primarily used as a deoxidizing and alloying agent in the steel manufacturing process. On the other hand, ferrochrome imparts corrosion resistance to stainless steel.

Thus, growth in the steel industry is expected to boost the overall demand for ferroalloys. Additionally, growth in the construction industry, especially in BRICS countries, is anticipated to boost the overall demand for steel. This, in turn, is anticipated to drive the ferroalloy market. The ferroalloy industry largely depends on the supply of electric power, ores & concentrates, and coal and natural gas. Therefore, high operational cost coupled with stringent environmental regulations is estimated to hamper the overall growth of the ferroalloy market. However, development of lightweight, high strength steel grades is projected to open new avenues for the ferroalloy market in the near future.

Ferromanganese accounted for over 37% share of total ferroalloy consumed in 2013. In terms of volume, the global ferromanganese market is likely to grow at a CAGR of 4.5% between 2014 and 2020. Ferromanganese is widely used in steelmaking and foundry activities. Furthermore, ferromanganese is one of the cheapest alloys. It enhances mechanical properties such as toughness and strength. Ferrochrome is widely used in the manufacture of stainless steel. Ferrochrome provides corrosion resistance to stainless steel. Demand for ferrochrome is rising due to increasing demand for anticorrosive steel from the automobile industry. Ferrosilicon is primarily used as a deoxidizing and alloying agent in the steel manufacturing process. In terms of revenue, the ferrosilicon market is anticipated to be valued at USD 9.27 billion by 2020.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Ferroalloy - Industry Analysis

Chapter 4 Ferroalloy Market - Product Segment Analysis

Chapter 5 Ferroalloy Market - Regional Analysis

Chapter 6 Company Profiles

Companies Mentioned:

  • China Minmetals Corporation
  • Eurasian Natural Resources Corporation PLC
  • Ferro Alloys Corporation Limited
  • Georgian American Alloys, Inc.
  • Nikopol Ferroalloy Plant
  • OM Holdings Ltd.
  • S.C. Feral S.R.L.
  • Shanghai Shenjia Ferroalloys Co. Ltd.
  • Sinosteel Jilin Ferroalloy Corporation Limited
  • Tata Steel Limited - Ferro Alloys & Minerals Division

For more information visit

Media Contact: Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
JFrog has announced a powerful technology for managing software packages from development into production. JFrog Artifactory 4 represents disruptive innovation in its groundbreaking ability to help development and DevOps teams deliver increasingly complex solutions on ever-shorter deadlines across multiple platforms JFrog Artifactory 4 establishes a new category – the Universal Artifact Repository – that reflects JFrog's unique commitment to enable faster software releases through the first pla...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. Migration to cloud shifts computing resources from your data center, which can yield significant advantages provided that the cloud vendor an offer enterprise-grade quality for your application.
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
Overgrown applications have given way to modular applications, driven by the need to break larger problems into smaller problems. Similarly large monolithic development processes have been forced to be broken into smaller agile development cycles. Looking at trends in software development, microservices architectures meet the same demands. Additional benefits of microservices architectures are compartmentalization and a limited impact of service failure versus a complete software malfunction....
IT data is typically silo'd by the various tools in place. Unifying all the log, metric and event data in one analytics platform stops finger pointing and provides the end-to-end correlation. Logs, metrics and custom event data can be joined to tell the holistic story of your software and operations. For example, users can correlate code deploys to system performance to application error codes.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
Between the compelling mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how busine...
Chris Van Tuin, Chief Technologist for the Western US at Red Hat, has over 20 years of experience in IT and Software. Since joining Red Hat in 2005, he has been architecting solutions for strategic customers and partners with a focus on emerging technologies including IaaS, PaaS, and DevOps. He started his career at Intel in IT and Managed Hosting followed by leadership roles in services and sales engineering at Loudcloud and Linux startups.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet condit...
The last decade was about virtual machines, but the next one is about containers. Containers enable a service to run on any host at any time. Traditional tools are starting to show cracks because they were not designed for this level of application portability. Now is the time to look at new ways to deploy and manage applications at scale. In his session at @DevOpsSummit, Brian “Redbeard” Harrington, a principal architect at CoreOS, will examine how CoreOS helps teams run in production. Attende...
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult - let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and li...
The APN DevOps Competency highlights APN Partners who demonstrate deep capabilities delivering continuous integration, continuous delivery, and configuration management. They help customers transform their business to be more efficient and agile by leveraging the AWS platform and DevOps principles.