New Global Ferro Chrome Market 2023 Report Covers market forecast and top Companies like Glencore-Merafe, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, IFM and others.
Lewes, DE -- (SBWIRE) -- 10/29/2018 -- Global Ferro Chrome market will register a 3.1% CAGR in terms of revenue, reach US$ 14200 million by 2023, from US$ 11800 million in 2017.
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.
Over the next five years, Study projects that Ferro Chrome will register a 3.1% CAGR in terms of revenue, reach US$ 14200 million by 2023, from US$ 11800 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Eurasian Resources Group
Shanxi Jiang County Minmetal
Jilin Ferro Alloys
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
High Carboon Type
Low Carbon Type
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Engineering & alloy steel
Spanning over 147 pages "Forecast of Global Ferro Chrome Market 2023" report covers Ferro Chrome Market Overview, Global Ferro Chrome Sales, Revenue (Value) and Market Share by Players, Global Ferro Chrome Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Ferro Chrome Sales, Revenue and Price, Europe Top 5 Players Ferro Chrome Sales, Revenue and Price, Asia-Pacific Top 5 Players Ferro Chrome Sales, Revenue and Price, South America Top 5 Players Ferro Chrome Sales, Revenue and Price, Middle East & Africa Top 5 Players Ferro Chrome Sales, Revenue and Price, Global Ferro Chrome Players Profiles/Analysis, Global Ferro Chrome Market Forecast (2018-2023), Ferro Chrome Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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