Los Angeles, CA -- (SBWIRE) -- 04/26/2019 -- Ferro Chrome is an alloy of chromium and iron containing between 50% and 70% chromium. The Producer of stainless steel & tool steel are the largest consumer of ferrochrome and charge chrome. It is chromium that confers upon stainless steel its remarkable corrosion resistance.

Ferro Chrome production has relatively dispersive and technical barriers are low. The main market players are Glencore-Merafe, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, IFM, FACOR, Mintal Group, Tata Steel, IMFA, Shanxi Jiang County Minmetal, Jilin Ferro Alloys, Ehui Group and Outokumpuetc. The global production of Ferro Chrome increased to 12136 K MT in 2016 from 9512 K MT in 2011 with CAGR of 4.99%.

In consumption market, the China is also the largest areas of Ferro Chrome consumption with CAGR 8.03% from 2011 to 2016. In 2015, the Asia (Ex China and India) and Europe are in the second and third position and the consumption volume of Ferro Chrome reached 2368 K MT and 1944 K MT. In 2015, China occupied 54.86%, Europe occupied 16.93% and the Asia (Ex China and India) occupied 18.33%. The three regions are the main Ferro Chrome consumption regions.

The global Ferro Chrome market was 11800 million US$ in 2018 and is expected to 13300 million US$ by the end of 2025, growing at a CAGR of 1.5% between 2019 and 2025. This report studies the Ferro Chrome market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Ferro Chrome in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Glencore-Merafe

Eurasian Resources Group

Samancor Chrome

Hernic Ferrochrome

IFM

FACOR

Mintal Group

Tata Steel

IMFA

Shanxi Jiang County Minmetal

Jilin Ferro Alloys

Ehui Group

Outokumpu

By the product type, the market is primarily split into

High Carboon Type

Low Carbon Type

By the end users/application, this report covers the following segments

Stainless Steel

Engineering & alloy steel

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