Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Ferrotitanium is a ferroalloy composed of titanium and iron, with occasional trace carbon. It was first discovered in 1798 by W. Gregor and was partially purified by H. Moissan in 1895.

Ferrotitanium is a ferroalloy used primarily in steelmaking. There are two main grades of ferrotitanium, the first containing approximately 35% titanium and the second containing roughly 70% titanium. The 35% grade is produced via an aluminothermic reaction while the 70% grade is produced by melting titanium scrap and iron in an induction furnace. Currently, ferrotitanium 70% is the major type which account for 68.57% of global consumption in 2018. As for price, ferrotitanium 70% sales price is much higher than that of other type. In 2017, average sales price of ferrotitanium 70% is about 4381 USD/MT.

Currently, ferrotitanium manufacture process is mature and there are many suppliers all over the world. Global major suppliers include Global Titanium, AMG Superalloys UK, Arconic, Metalliage, VSMPO-AVISMA, Kluchevskiy Ferroalloy Plant, Mottram, Cronimet, ZTMC, Bansal Brothers, OSAKA Titanium, Guotai Industrial, Jinzhou Guangda Ferroalloy and Hengtai Special Alloy etc. AMG Superalloys UK is market leader in ferrotitanium industry.

The global Ferrotitanium market was 220 million US$ in 2018 and is expected to 310 million US$ by the end of 2025, growing at a CAGR of 4.7% between 2019 and 2025.

This report studies the Ferrotitanium 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 Ferrotitanium 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

Global Titanium

AMG Superalloys UK

Arconic

Metalliage

VSMPO-AVISMA

Kluchevskiy Ferroalloy Plant

Mottram

Cronimet

ZTMC

Bansal Brothers

OSAKA Titanium

Guotai Industrial

Jinzhou Guangda Ferroalloy

Hengtai Special Alloy

By the product type, the market is primarily split into

Ferrotitanium 35%

Ferrotitanium 70%

Other

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

Stainless Steel Stabilizer

Molten Metal Additive

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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