Global Ferro Manganese Market Growth 2023-2029

Global Ferro Manganese Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Ferro Manganese Industry Forecast” looks at past sales and reviews total world Ferro Manganese sales in 2022, providing a comprehensive analysis by region and market sector of projected Ferro Manganese sales for 2023 through 2029. With Ferro Manganese sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferro Manganese industry.

This Insight Report provides a comprehensive analysis of the global Ferro Manganese landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ferro Manganese portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ferro Manganese market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferro Manganese and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ferro Manganese.

The global Ferro Manganese market size is projected to grow from US$ 4288.7 million in 2022 to US$ 5240.5 million in 2029; it is expected to grow at a CAGR of 5240.5 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferro Manganese market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

High Carbon

Medium Carbon

Low Carbon

Segmentation by application

Deoxidizer

Alloying Element Additive

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

CITIC Jinzhou Metal

Yiwang Ferroalloy

Erdos

Tianjin Jinsheng

Sincerity

Sanhuan

Sheng Yan Group

Glencore

SAIL

Nikopol

Zaporozhye

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ferro Manganese market?

What factors are driving Ferro Manganese market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ferro Manganese market opportunities vary by end market size?

How does Ferro Manganese break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.