Report overview
Ferromanganese, a ferroalloy with high content of manganese, is made by heating a mixture of the oxides MnO2 and Fe2O3, with carbon, usually as coal and coke, in either a blast furnace or an electric arc furnace-type system, called a submerged arc furnace. The oxides undergo carbothermal reduction in the furnaces, producing the ferromanganese. Ferromanganese is used as a deoxidizer for steel.
This report aims to provide a comprehensive presentation of the global market for Ferro Manganese, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ferro Manganese. This report contains market size and forecasts of Ferro Manganese in global, including the following market information:
Global Ferro Manganese Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Ferro Manganese Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Ferro Manganese companies in 2022 (%)
The global Ferro Manganese market was valued at US$ 4511 million in 2022 and is projected to reach US$ 5428.3 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Ferro Manganese production has relatively dispersive and technical barriers are low. The main market players are CITIC Jinzhou Metal, Yiwang Ferroalloy, Erdos, Tianjin Jinsheng, Sincerity, Sanhuan, Sheng Yan Group, Glencore, SAIL, Nikopol, and Zaporozhye, with about 18% market shares.
We surveyed the Ferro Manganese manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ferro Manganese Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Ferro Manganese Market Segment Percentages, by Type, 2022 (%)
High Carbon
Medium Carbon
Low Carbon
Global Ferro Manganese Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Ferro Manganese Market Segment Percentages, by Application, 2022 (%)
Deoxidizer
Alloying Element Additive
Others
Global Ferro Manganese Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Ferro Manganese Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ferro Manganese revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ferro Manganese revenues share in global market, 2022 (%)
Key companies Ferro Manganese sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Ferro Manganese sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CITIC Jinzhou Metal
Yiwang Ferroalloy
Erdos
Tianjin Jinsheng
Sincerity
Sanhuan
Sheng Yan Group
Glencore
SAIL
Nikopol
Zaporozhye
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ferro Manganese, market overview.
Chapter 2: Global Ferro Manganese market size in revenue and volume.
Chapter 3: Detailed analysis of Ferro Manganese manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ferro Manganese in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Ferro Manganese capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.