Report overview
Silico manganese which is sometimes called ferrosilicon manganese, is ferroalloy composed of manganese, silicon and iron, produced by smelting manganese ore, manganese slag, and coke and quartz flux on high temperature. Mainly silicomanganese contains smaller proportion of minor elements, such as carbon, phosphorous and sulfur. Manganese and silicon are crucial components in steelmaking. As deoxidizers and desulfurizers they improve mechanical properties of steel.
This report aims to provide a comprehensive presentation of the global market for Silicomanganese Alloy, 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 Silicomanganese Alloy. This report contains market size and forecasts of Silicomanganese Alloy in global, including the following market information:
Global Silicomanganese Alloy Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Silicomanganese Alloy Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Silicomanganese Alloy companies in 2022 (%)
The global Silicomanganese Alloy market was valued at US$ 17500 million in 2022 and is projected to reach US$ 22190 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Owing to abundant raw material resource and mature technology, there are many manufacturers all over the world. Global major suppliers in this industry are PJSC Nikopol, Erdos Group, Sheng Yan Group, Ningxia Jiyuan Metallurgical Group, Henan Xibao Metallurgy Metarials Group, Fengzhen Fengyu Company, Bisheng Mining, Jinneng Group, Guangxi Ferroalloy, Eurasian Resources Group, Ningxia Dadi Circular Development Corp, Zaporozhye, Glencore and Tata. Market concentration in this industry is not too high. Global top 5 manufacturers? total tion share is 11%. Also, manufacturers in China mainly distribute in Neimenggu and Ningxia Province.
We surveyed the Silicomanganese Alloy 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 Silicomanganese Alloy Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy Market Segment Percentages, by Type, 2022 (%)
Manganese Content 60-65%
Manganese Content 65-72%
Global Silicomanganese Alloy Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy Market Segment Percentages, by Application, 2022 (%)
Deoxidizers
Desulfurizers
Global Silicomanganese Alloy Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy 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 Silicomanganese Alloy revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Silicomanganese Alloy revenues share in global market, 2022 (%)
Key companies Silicomanganese Alloy sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Silicomanganese Alloy sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PJSC Nikopol
Erdos Group
Sheng Yan Group
Ningxia Jiyuan Metallurgical Group
Henan Xibao Metallurgy Metarials Group
Fengzhen Fengyu Company
Bisheng Mining
Jinneng Group
Guangxi Ferroalloy
Eurasian Resources Group
Ningxia Dadi Circular Development Corp
Zaporozhye
Glencore
Outline of Major Chapters:
Chapter 1: Introduces the definition of Silicomanganese Alloy, market overview.
Chapter 2: Global Silicomanganese Alloy market size in revenue and volume.
Chapter 3: Detailed analysis of Silicomanganese Alloy 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 Silicomanganese Alloy 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 Silicomanganese Alloy 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.
