Leading Ferrosilicon End Use Markets Databank
The Ferrosilicon market was valued at $11,200.0 Million in 2020, and is projected to reach $30,620.0 Million by 2029 growing at a CAGR of 11.87% from 2021 to 2029. Carbon & Other Alloy Steel segment is expected to be the highest contributor to this market, with $4,915.2 Million in 2020, and is anticipated to reach $13,325.6 Million by 2029, registering a CAGR of 11.77%. Stainless Steel segment is anticipated to reach $6,411.0 Million by 2029 with the highest CAGR of 11.96%. Carbon & Other Alloy Steel and Stainless Steel segments collectively expected to account for about 64.7% share of the Ferrosilicon market in 2020, with the former constituting around 43.9% share. Stainless Steel and Electric Steel segments are expected to witness significant growth rates at a CAGR of 11.96% and 11.93% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 38.6% in the overall Ferrosilicon market in 2020, and is anticipated to reach 38.9% by 2029.
- 1. GLOBAL FERROSILICON MARKET, BY END USE
- 1.1. OVERVIEW
- 1.2. CARBON & OTHER ALLOY STEEL
- 1.2.1 CARBON & OTHER ALLOY STEEL MARKET, BY REGION
- 1.2.1.1 North America Carbon & Other Alloy Steel Market, By Country
- 1.2.1.2 Europe Carbon & Other Alloy Steel Market, By Country
- 1.2.1.3 Asia-Pacific Carbon & Other Alloy Steel Market, By Country
- 1.2.1.4 Rest of World Carbon & Other Alloy Steel Market, By Country
- 1.3. STAINLESS STEEL
- 1.3.1 STAINLESS STEEL MARKET, BY REGION
- 1.3.1.1 North America Stainless Steel Market, By Country
- 1.3.1.2 Europe Stainless Steel Market, By Country
- 1.3.1.3 Asia-Pacific Stainless Steel Market, By Country
- 1.3.1.4 Rest of World Stainless Steel Market, By Country
- 1.4. ELECTRIC STEEL
- 1.4.1 ELECTRIC STEEL MARKET, BY REGION
- 1.4.1.1 North America Electric Steel Market, By Country
- 1.4.1.2 Europe Electric Steel Market, By Country
- 1.4.1.3 Asia-Pacific Electric Steel Market, By Country
- 1.4.1.4 Rest of World Electric Steel Market, By Country
- 1.5. CAST IRON
- 1.5.1 CAST IRON MARKET, BY REGION
- 1.5.1.1 North America Cast Iron Market, By Country
- 1.5.1.2 Europe Cast Iron Market, By Country
- 1.5.1.3 Asia-Pacific Cast Iron Market, By Country
- 1.5.1.4 Rest of World Cast Iron Market, By Country
- 1.6. OTHER END USES
- 1.6.1 OTHER END USES MARKET, BY REGION
- 1.6.1.1 North America Other End uses Market, By Country
- 1.6.1.2 Europe Other End uses Market, By Country
- 1.6.1.3 Asia-Pacific Other End uses Market, By Country
- 1.6.1.4 Rest of World Other End uses Market, By Country
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