Ferrochrome Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/29/2019 -- 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 Ferrochrome industry concentration is relatively high. Global giant manufactures mainly distributed in South Africa, China and Kazakhstan.
For the chrome ores, the South Africa take a market share of about a half. The market is not only influenced by the price, but also influenced by the product performance. To this product, the price is determined by both the chrome ores and stainless steel production, and the downstream production growth rate takes a dominated status.
The global Ferrochrome market was 11900 million US$ in 2018 and is expected to 25400 million US$ by the end of 2025, growing at a CAGR of 10.0% between 2019 and 2025.
This report studies the Ferrochrome 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 Ferrochrome 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
Jilin Ferro Alloys
Ehui Group
By the product type, the market is primarily split into
High Carbon Type
Low Carbon Type
Other
By the end users/application, this report covers the following segments
Stainless steel
Engineering & alloy steel
Other
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