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 Ferromanganese, 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 Ferromanganese. This report contains market size and forecasts of Ferromanganese in global, including the following market information:
Global Ferromanganese Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Ferromanganese Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Ferromanganese companies in 2022 (%)
The global Ferromanganese 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 Ferromanganese 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 Ferromanganese Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Ferromanganese Market Segment Percentages, by Type, 2022 (%)
Standard Ferromanganese
Medium-Carbon Ferromanganese
Low-Carbon Ferromanganese
Global Ferromanganese Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Ferromanganese Market Segment Percentages, by Application, 2022 (%)
Deoxidizer
Desulfurizer
Alloying Additives
Welding Production
Others
Global Ferromanganese Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Ferromanganese 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 Ferromanganese revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ferromanganese revenues share in global market, 2022 (%)
Key companies Ferromanganese sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Ferromanganese sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Vale S.A
BHP Billiton
Sinai Manganese
VeeKay Smelters
Glencore Xstrata plc
Tata Steels Ferro Alloys & Minerals
Mizushima Ferroalloy
ERAMET
Gulf Ferro Alloys
Kameshwar Alloys & Steels
Sinosteel
Erdos Xijin Kuangye
Jiaocheng Yiwang Ferroalloy
Yunan Wenshan Dounan Menganese Industry
Guangxi Xin-Manganese Group
Sichuan chuantou Emei Ferroalloy
OM Materials (Qinzhou)
Yunnan Jianshui Manganese
Taiyuan Guohong Ferroalloy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ferromanganese, market overview.
Chapter 2: Global Ferromanganese market size in revenue and volume.
Chapter 3: Detailed analysis of Ferromanganese 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 Ferromanganese 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 Ferromanganese 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.