Albany, NY -- (SBWire) -- 04/29/2019 --ResearchMoz present a comprehensive research report namely "Global Ferro Chrome Market Insights, Forecast to 2025" which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer's Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.
Ferro Chrome is an alloy of chromium and iron containing between 50% and 70% chromium. The Producer of stainless steel & tool steel are the largest consumer of ferrochrome and charge chrome. It is chromium that confers upon stainless steel its remarkable corrosion resistance.
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Ferro Chrome production has relatively dispersive and technical barriers are low. The main market players are 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 and Outokumpuetc. The global production of Ferro Chrome increased to 12136 K MT in 2016 from 9512 K MT in 2011 with CAGR of 4.99%.
In consumption market, the China is also the largest areas of Ferro Chrome consumption with CAGR 8.03% from 2011 to 2016. In 2015, the Asia (Ex China and India) and Europe are in the second and third position and the consumption volume of Ferro Chrome reached 2368 K MT and 1944 K MT. In 2015, China occupied 54.86%, Europe occupied 16.93% and the Asia (Ex China and India) occupied 18.33%. The three regions are the main Ferro Chrome consumption regions.
Global Ferro Chrome market size will increase to 13300 Million US$ by 2025, from 11800 Million US$ in 2018, at a CAGR of 1.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Ferro Chrome.
This report researches the worldwide Ferro Chrome market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Ferro Chrome breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
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
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Ferro Chrome Breakdown Data by Type
High Carboon Type
Low Carbon Type
Ferro Chrome Breakdown Data by Application
Stainless Steel
Engineering & alloy steel
Other Steels
Ferro Chrome Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
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Global Ferro Chrome Market Is Projected to Exhibit a Healthy CAGR of 1.5% During the Forecast Period 2019-2025