Global Ferrochrome Sales Market Will Reach 25400 Million US$ by the End of 2025
Global Ferrochrome Sales Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
City of Industry, CA -- (SBWire) -- 06/15/2018 --This report studies the global Ferrochrome market status and forecast, categorizes the global Ferrochrome market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
The Ferrochrome industry concentration is relatively high. Global giant manufactures mainly distributed in South Africa, China and Kazakhstan.
For the chrome ores, the South Africa take a market share of about a half.
The market is not only influenced by the price, but also influenced by the product performance. To this product, the price is determined by both the chrome ores and stainless steel production, and the downstream production growth rate takes a dominated status.
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The global Ferrochrome market is valued at 11900 million US$ in 2017 and will reach 25400 million US$ by the end of 2025, growing at a CAGR of 10.0% during 2018-2025.
The major players 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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