세계의 페로크롬 시장 규모 조사 및 예측 : 제품별, 용도별, 지역별 분석(2023-2030년)

Global Ferrochrome Market is valued at approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Ferrochrome is a type of alloy composed of iron, chromium, and sometimes other elements like silicon and carbon. It is primarily used in the production of stainless steel, which is known for its resistance to corrosion, heat, and staining. Ferrochrome is produced through the reduction of chromite ore (chromium oxide) in an electric arc furnace, with the addition of iron and carbon sources. The process results in a high-carbon ferrochrome alloy with varying percentages of chromium, typically ranging from 50% to 70%. The production of ferrochrome is a crucial part of the stainless steel industry, and its demand is closely tied to the demand for stainless steel. In addition, ferrochrome is also used in the manufacturing of superalloys, which are used in high-temperature applications like jet engines and gas turbines. The key factors such as high usage of ferrochrome in stainless steel industry and growing demand in construction and building industry are anticipated to support the market growth during forecast period.

Moreover, stainless-steel production is one of the main drivers of demand for ferrochrome, a key raw material used in the production of stainless steel. Ferrochrome is an alloy of chromium and iron and is produced by smelting chromite ore in an electric arc furnace. It is an essential ingredient in the production of stainless steel, which is widely used in a variety of industries, including construction, automotive, aerospace, and consumer goods. Thus, the rising stainless-steel production is anticipated to support the market growth during forecast period. According to Statista, in 2018, global stainless steel melt shop production was 50,730 thousand metric tons and the number increased significantly and reached 58,289 thousand metric tons in 2021. As a result, the rising stainless-steel production is anticipated to create a lucrative demand for the market. Additionally, rise in foreign investments and increase in manufacturing activities is anticipated to create a lucrative opportunity for the market during forecast period. However, the availability of substitutes stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Ferrochrome Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the presence of key market players, rising stainless steel production, and growing construction industry in the region. North America is expected to grow significantly during the forecast period, owing to factors such as increase prices of stainless steel due to greater demand from domestic producers may negatively affect its demand and thereby offset its production. This uncertainty is expected to influence the dynamics of ferrochrome industry in the country.

Major market players included in this report are:

• Tata Steel Mining Limited (India)
• Samancor Chrome (South Africa)
• TNC KAZCHROME JSC (Kazakhstan)
• Ferro Alloys Corporation Ltd. (FACOR) (India)
• HERNIC (South Africa)
• Eurasian Resources Group (Luxembourg)
• IMFA (India)
• Daido Steel Co., Ltd. (Japan)
• Sandvik AB (Sweden)
• Baosteel Group Corporation (China)

Recent Developments in the Market:

• In May 2022, Ferrochrome Furnaces was acquired by Ironveld. The company will provide Ironveld access to its current melting production facility, which is situated in Rustenburg, South Africa, as well as the chance to start mining and processing.

Global Ferrochrome Market Report Scope:

• Historical Data: 2020 - 2021
• Base Year for Estimation: 2022
• Forecast period: 2023-2030
• Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Segments Covered: Product, Application, Region
• Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

• High carbon
• Medium carbon
• Low carbon

By Application:

• Stainless steel
• Other steels

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Table of Contents

Chapter 1. Executive Summary

• 1.1. Market Snapshot
• 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  • 1.2.1. Ferrochrome Market, by Region, 2020-2030 (USD Billion)
  • 1.2.2. Ferrochrome Market, by Product, 2020-2030 (USD Billion)
  • 1.2.3. Ferrochrome Market, by Application, 2020-2030 (USD Billion)
• 1.3. Key Trends
• 1.4. Estimation Methodology
• 1.5. Research Assumption

Chapter 2. Global Ferrochrome Market Definition and Scope

• 2.1. Objective of the Study
• 2.2. Market Definition & Scope
  • 2.2.1. Industry Evolution
  • 2.2.2. Scope of the Study
• 2.3. Years Considered for the Study
• 2.4. Currency Conversion Rates

Chapter 3. Global Ferrochrome Market Dynamics

• 3.1. Ferrochrome Market Impact Analysis (2020-2030)
  • 3.1.1. Market Drivers
    • 3.1.1.1. High usage of ferrochrome in stainless steel industry
    • 3.1.1.2. Growing demand in construction and building industry
  • 3.1.2. Market Challenges
    • 3.1.2.1. Availability of substitutes
  • 3.1.3. Market Opportunities
    • 3.1.3.1. Rise in foreign investments and increase in manufacturing activities

Chapter 4. Global Ferrochrome Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's 5 Force Impact Analysis
• 4.3. PEST Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top investment opportunity
• 4.5. Top winning strategies
• 4.6. COVID-19 Impact Analysis
• 4.7. Disruptive Trends
• 4.8. Industry Expert Perspective
• 4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Ferrochrome Market, by Product

• 5.1. Market Snapshot
• 5.2. Global Ferrochrome Market by Product, Performance - Potential Analysis
• 5.3. Global Ferrochrome Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
• 5.4. Ferrochrome Market, Sub Segment Analysis
  • 5.4.1. High carbon
  • 5.4.2. Medium carbon
  • 5.4.3. Low carbon

Chapter 6. Global Ferrochrome Market, by Application

• 6.1. Market Snapshot
• 6.2. Global Ferrochrome Market by Application, Performance - Potential Analysis
• 6.3. Global Ferrochrome Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
• 6.4. Ferrochrome Market, Sub Segment Analysis
  • 6.4.1. Stainless steel
  • 6.4.2. Other steels

Chapter 7. Global Ferrochrome Market, Regional Analysis

• 7.1. Top Leading Countries
• 7.2. Top Emerging Countries
• 7.3. Ferrochrome Market, Regional Market Snapshot
• 7.4. North America Ferrochrome Market
  • 7.4.1. U.S. Ferrochrome Market
    • 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
    • 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  • 7.4.2. Canada Ferrochrome Market
• 7.5. Europe Ferrochrome Market Snapshot
  • 7.5.1. U.K. Ferrochrome Market
  • 7.5.2. Germany Ferrochrome Market
  • 7.5.3. France Ferrochrome Market
  • 7.5.4. Spain Ferrochrome Market
  • 7.5.5. Italy Ferrochrome Market
  • 7.5.6. Rest of Europe Ferrochrome Market
• 7.6. Asia-Pacific Ferrochrome Market Snapshot
  • 7.6.1. China Ferrochrome Market
  • 7.6.2. India Ferrochrome Market
  • 7.6.3. Japan Ferrochrome Market
  • 7.6.4. Australia Ferrochrome Market
  • 7.6.5. South Korea Ferrochrome Market
  • 7.6.6. Rest of Asia Pacific Ferrochrome Market
• 7.7. Latin America Ferrochrome Market Snapshot
  • 7.7.1. Brazil Ferrochrome Market
  • 7.7.2. Mexico Ferrochrome Market
• 7.8. Middle East & Africa Ferrochrome Market
  • 7.8.1. Saudi Arabia Ferrochrome Market
  • 7.8.2. South Africa Ferrochrome Market
  • 7.8.3. Rest of Middle East & Africa Ferrochrome Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
  • 8.1.1. Company 1
  • 8.1.2. Company 2
  • 8.1.3. Company 3
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. Tata Steel Mining Limited (India)
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Recent Developments
  • 8.3.2. Samancor Chrome (South Africa)
  • 8.3.3. TNC KAZCHROME JSC (Kazakhstan)
  • 8.3.4. Ferro Alloys Corporation Ltd. (FACOR) (India)
  • 8.3.5. HERNIC (South Africa)
  • 8.3.6. Eurasian Resources Group (Luxembourg)
  • 8.3.7. IMFA (India)
  • 8.3.8. Daido Steel Co., Ltd. (Japan)
  • 8.3.9. Sandvik AB (Sweden)
  • 8.3.10. Baosteel Group Corporation (China)

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes
• 9.3. Research Assumption