Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- Ferromanganese, a ferroalloy with high content of manganese, is made by heating a mixture of the oxides MnO2 and Fe2O3, with carbon, usually as coal and coke, in either a blast furnace or an electric arc furnace-type system, called a submerged arc furnace. The oxides undergo carbothermal reduction in the furnaces, producing the ferromanganese. Ferromanganese is used as a deoxidizer for steel.

In consumption market, the China is also the largest areas of Ferro Manganese consumption, the consumption volume of Ferro Manganese reached 1632 K MT In 2016, Europe and India are in the second and third position and the consumption volume of Ferro Manganese reached 1478 K MT and 415 K MT. In 2016, China occupied 33.59%, Europe occupied 30.42% and India occupied 8.54%. The three regions are the main Ferro Manganese consumption regions.

Ferro Manganese mainly has many applications, which include Deoxidizer, Alloying element additive and other. Deoxidizer is the main application, the production of Deoxidizer is 3795 K MT in 2016 and occupied 78.11% market share. The global Ferro Manganese market was 4240 million US$ in 2018 and is expected to 4790 million US$ by the end of 2025, growing at a CAGR of 1.6% between 2019 and 2025.

This report studies the Ferro Manganese 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 Manganese 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

CITIC Jinzhou Metal

Yiwang Ferroalloy

Erdos

Tianjin Jinsheng

Sincerity

Sanhuan

Sheng Yan Group

Glencore

SAIL

Nikopol

Zaporozhye

By the product type, the market is primarily split into

High Carbon

Medium Carbon

Low Carbon

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

Deoxidizer

Alloying element additive

Other

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