Global Ferroalloys Market Growth 2025-2031

Global Ferroalloys Market Growth 2025-2031

The global Ferroalloys market size is predicted to grow from US$ 72640 million in 2025 to US$ 100730 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

Ferroalloys, alloys of iron with one or more other elements added to steel melts, are used to impart distinctive qualities to steel or to serve important functions during steel refning, such as control of inclusions, deoxidation, and desulfurization. Ferroalloys are used in lesser amounts to produce cast iron and nonferrous alloys. Ferroalloys can be divided into bulk ferroalloys and noble ferroalloys (also called special or specialty ferroalloys).

Global Ferroalloys key players include Glencore, Eurasian Resources Group, Tsingshan Holding Group, Samancor Chrome, Erdos Group, etc. Global top five manufacturers hold a share about 10%.

China is the largest market, with a share about 40%, followed by United States and Middle East, both have a share about 15 percent.

In terms of product, Silicon Manganese is the largest segment, with a share over 30%. And in terms of application, the largest application is Deoxidizer, followed by Alloying Element Additive.

LP Information, Inc. (LPI) ' newest research report, the “Ferroalloys Industry Forecast” looks at past sales and reviews total world Ferroalloys sales in 2024, providing a comprehensive analysis by region and market sector of projected Ferroalloys sales for 2025 through 2031. With Ferroalloys sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ferroalloys industry.

This Insight Report provides a comprehensive analysis of the global Ferroalloys 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 Ferroalloys portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ferroalloys market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ferroalloys 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 Ferroalloys.

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

Segmentation by Type:
Silicon Manganese
Ferrochrome
Ferro Nickel
Others

Segmentation by Application:
Deoxidizer
Desulfurizer
Alloying Element Additive

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 analysing the company's coverage, product portfolio, its market penetration.
Glencore
Eurasian Resources Group
Tsingshan Holding Group
Samancor Chrome
Erdos Group
Jiangsu Delong Nickel Industry
Nikopol Ferroalloy Plant
Shandong Xinhai Technology
Henan Xibao Metallurgy Metarials Group
Sheng Yan Group
Outokumpu
Shengyang Group
OM Holdings
Sakura Ferroalloys

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ferroalloys market?

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

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

How do Ferroalloys market opportunities vary by end market size?

How does Ferroalloys break out by Type, by Application?

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