Ferrosilicon Market Size & Share, by Type (Atomized, Milled); Application (Deoxidizers, Inoculants); End-user (Stainless Steel, Cast Iron, Electric Steel) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4613
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Ferrosilicon Landscape

    • Elkem ASA

      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Feng Erda Group
    • DMS Powders
    • Eurasian Resources Group
    • Ferroglobe PLC
    • Finnfjord AS
    • Hindustan Alloys Private Limited
    • Russian Ferro-Alloys Inc.
    • Mechel PAO
    • OM Holdings Ltd.
    • Westbrook Resources Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • Elkem ASA commemorated the 40th anniversary of its ferrosilicon facility, which is one of the largest in the world and is situated in Akranes, focusing on the environmentally friendly manufacturing of high-quality, specialized ferrosilicon.

  • Mechel PAO has announced the opening of an upgraded furnace at the Bratsk Ferroalloy Plant. The improvement increased the capacity of the ferrosilicon ore-smelting furnace from 25 MVA to 33 MVA. The plant will be able to raise the furnace's output by 40% as a result. A total of about USD 2 million were invested.


Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4613
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Steady demand for steel and cast iron, along with growth in the construction and automobile sector can be termed as the major factors driving the growth of the ferrosilicon market.

The market is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2023-2033.

Slow rate 0f growth, environmental challenges, and hazard management are some key challenges affecting the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Elkem ASA, Feng Erda Group, DMS Powders, OM Holdings Ltd., and Westbrook Resources Ltd., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, end-use, and by region.

The deoxidizers segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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