FeSi15 Market 2024-2028
The FeSi15 market is forecasted to grow by USD 344.2 mn during 2023-2028, accelerating at a CAGR of 5.1% during the forecast period. The report on the FeSi15 market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in steel manufacturing, industrial growth in emerging economies, and infrastructure development in developing markets.
Technavio's FeSi15 market is segmented as below:
By Application
- Mining sector
- Metal recycling
- Others
By Type
- Atomized powder FeSi15
- Milled powder FeSi15
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the expansion of electric vehicle (EV) adoption as one of the prime reasons driving the FeSi15 market growth during the next few years. Also, increase in electric arc furnace (EAF) steelmaking and emphasis on sustainability and green steel production will lead to sizable demand in the market.
The report on the FeSi15 market covers the following areas:
- FeSi15 Market sizing
- FeSi15 Market forecast
- FeSi15 Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading FeSi15 market vendors that include Anyang Wanhua Metal Material Co. Ltd., DMS Powders, Elkem ASA, Feng Erda Group, Hafsil AS, Henan Star Metallurgy Material Co. Ltd., Inner Mongolia Pusheng Iron and Steel Co Ltd., KOVOHUTY Dolny Kubin s.R.o., Mechel PAO, Pioneer Carbide Pvt. Ltd., Tongfa Abrasive Trading Co Ltd., Westbrook Resources Ltd., and Zhenxin Metallurgical Materials Co Ltd.. Also, the FeSi15 market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.