Global Ferrochrome Market Growth 2023-2029

Global Ferrochrome Market Growth 2023-2029

Ferrochrome also called ferro chrome, or charge chrome, is a type of chromium and iron alloy, it is an essential ingredient in producing stainless and specialty steels.

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

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

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

The global Ferrochrome market size is projected to grow from US$ 17170 million in 2022 to US$ 30810 million in 2029; it is expected to grow at a CAGR of 30810 from 2023 to 2029.

Glencore-Merafe, Eurasian Resources Group and Samancor Chrome are the top 3 players of Ferrochrome, with about 20% market shares.

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

Market Segmentation:

Segmentation by type

High Carbon Type

Low Carbon Type

Others

Segmentation by application

Stainless Steel

Engineering & Alloy Steel

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.

Glencore-Merafe

Eurasian Resources Group

Samancor Chrome

Hernic Ferrochrome

IFM

FACOR

Mintal Group

Tata Steel

IMFA

Shanxi Jiang County Minmetal

Jilin Ferro Alloys

Ehui Group

Outokumpu

Key Questions Addressed in this Report

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

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

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

How do Ferrochrome market opportunities vary by end market size?

How does Ferrochrome 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.