Ferromanganese Market (2021-2026): Global Size, Share, Trends, Analysis and Research Report - IMARC Group

According to IMARC Group latest report titled” Ferromanganese Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market grew at a CAGR of around 4% during 2015-2020. The global Ferromanganese Market report to exhibit moderate growth during the next five years. Ferromanganese refers to an iron alloy consisting of high percentages of manganese. It is produced with carbothermal reduction using coke and coal in the blast or submerged arc furnaces. Ferromanganese is widely utilized as a deoxidizer and desulfurized to produce steel and iron. It exhibits high tensile strength, durability, heat resistance and antioxidant properties. Ferromanganese finds widespread applications across various industries, such as automotive, construction, aerospace, defense, etc.

Request to get the sample report: https://www.imarcgroup.com/ferromanganese-market/requestsample

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

Rapid industrialization, along with the escalating demand for stainless steel across several industries, is significantly driving the global ferromanganese market. Ferromanganese is broadly used as a substitute for nickel in the production of stainless steel with improved workability and toughness to abrasion. Additionally, the rising demand for low carbon ferromanganese in the welding industry is also augmenting the market growth. Moreover, the rising adoption of high and medium carbon ferromanganese as heat-resistant antioxidant and desulphurizing agents in metallurgy and chemical industries is further bolstering the product demand. Various other factors, including continuous innovations in the manufacturing, processing and refining processes of ferromanganese, along with the extensive infrastructural developments, are expected to further propel the global market in the coming years.

View Full Report with TOC & List of Figure: https://bit.ly/2SxacFm

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • China Minmetals Group Co. Ltd.
  • Eramet Group
  • Eurasian Resources Group
  • Ferroglobe (Grupo Villar Mir, S.A.U.)
  • Gulf Manganese Corporation Limited
  • Jiaocheng Yiwang Ferroalloy Co Ltd.
  • OM Holdings Ltd.
  • Tata Steel Ltd.
  • Vale S.A

Ferromanganese Market Segmentation:

Our report has categorized the market based on region, grade and application.

Market Breakup by Grade:

  • High Carbon Ferromanganese
  • Refined Ferromanganese

Market Breakup by Application:

  • Carbon Steel
  • Stainless Steel
  • Alloy Steel
  • Cast Iron
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation. 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Views: 6

Comment

You need to be a member of On Feet Nation to add comments!

Join On Feet Nation

© 2024   Created by PH the vintage.   Powered by

Badges  |  Report an Issue  |  Terms of Service