페로크롬 시장 규모, 점유율, 동향 분석 보고서 : 제품별, 용도별, 지역별, 부문별 예측(2023-2030년)

Ferrochrome Market Growth & Trends:

The global ferrochrome market size is expected to reach USD 28.83 billion by 2030, expanding at a CAGR of 6.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.. The market is mainly driven by demand from booming stainless steel industry especially in Asia. Stainless steel industry accounts for roughly more than 75% of the FeCr consumption in the globe. China, being the largest stainless steel producer is therefore also the biggest consumer of FeCr.

The global stainless steel production is predicted to witness considerable growth over the coming years owing to strong demand from building & construction industry. Stainless steel is largely consumed in building & construction industry due to its aesthetic appearance and corrosion resistance properties. Moreover, a variety of stainless steel products are easily fabricated and therefore, preferred by architects and building contractors.

Majority of chromite ore suppliers in these regions are integrated in nature as they are also involved with manufacturing of ferrochrome. Glencore and Samancor Chrome are some of the major players in South Africa that produce ferrochrome by extracting chromite from their own operating mines situated in South Africa. The chromite ore suppliers are concentrated in South Africa, Kazakhstan, India, Turkey, and Zimbabwe, as these countries are host to enormous amount of chromite ore reserves.

Industry rivalry in ferrochrome market is quite intensive owing to the presence of several established and integrated companies that are consolidated in South Africa, India, Turkey, and Kazakhstan. China is also among the largest suppliers of the FeCr along with South Africa. However, the suppliers in China is characterized by various small to medium sized players that import chrome ore mainly from South Africa for their FeCr production.

Major challenge faced by the South African manufacturers is lack of power supply as ferrochrome manufacturing is an energy intensive process. Power shortages coupled with high electricity tariffs over the past few years in South Africa have adversely affected the ferrochrome production and has led to either shut down or acquisition of many suppliers in the country. Some of the recent acquisitions include Samancor Chrome acquiring local South African subsidiary International Ferro Metals SA of International Ferro Metals.

Ferrochrome Market Report Highlights:

• High carbon ferrochrome dominated the market in 2022 with a volume share of 92.6%. It is expected to maintain its dominance over the forecast period owing to abundant reserves available of high carbon chromite ore as compared to other products.
• Stainless steel segment held the largest revenue share of 83.8% in 2022., in terms of revenue. As ferrochrome currently has no substitute for stainless steel, it is poised to witness lucrative growth.
• In terms of volume, Asia Pacific acquired the highest share of 61.8% in 2022. This is mainly attributed to the dominant position of China in terms of stainless steel production.
• In August 2019, Glencore, one of the major FeCr manufacturer of South Africa announced a cut in its ferrochrome production by 10% for 2019. This decision was taken owing to the electricity concerns in South Africa.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
  • 1.1.1. Product
  • 1.1.2. Application
  • 1.1.3. Regional scope
  • 1.1.4. Estimates and forecast timeline
• 1.2. Research Methodology
• 1.3. Information Procurement
  • 1.3.1. Purchased database
  • 1.3.2. GVR's internal database
  • 1.3.3. Secondary sources
  • 1.3.4. Primary research
  • 1.3.5. Details of primary research
• 1.4. Information or Data Analysis
• 1.5. Market Formulation & Validation
• 1.6. Model Details
• 1.7. List of Secondary Sources
• 1.8. List of Primary Sources
• 1.9. Objectives

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
  • 2.2.1. Product outlook
  • 2.2.2. Application outlook
  • 2.2.3. Regional outlook
• 2.3. Competitive Insights

Chapter 3. Ferrochrome Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
• 3.2. Penetration & Growth Prospect Mapping
• 3.3. Value Chain Analysis
• 3.4. Regulatory Framework
• 3.5. Market Dynamics
  • 3.5.1. Market driver analysis
  • 3.5.2. Market restraint analysis
  • 3.5.3. Industry opportunities & challenges
• 3.6. Ferrochrome Market Analysis Tools
  • 3.6.1. Industry Analysis - Porter's
    • 3.6.1.1. Supplier power
    • 3.6.1.2. Buyer power
    • 3.6.1.3. Substitution threat
    • 3.6.1.4. Threat of new entrant
    • 3.6.1.5. Competitive rivalry
  • 3.6.2. PESTEL Analysis
    • 3.6.2.1. Political landscape
    • 3.6.2.2. Technological landscape
    • 3.6.2.3. Economic landscape
    • 3.6.2.4. Social landscape
    • 3.6.2.5. Environmental landscape
    • 3.6.2.6. Legal landscape

Chapter 4. Supplier Portfolio Analysis

• 4.1. List of Suppliers
• 4.2. Kraljic Matrix
• 4.3. Sourcing Best Practices
• 4.4. Negotiation Strategies

Chapter 5. Ferrochrome Market: Product Estimates & Trend Analysis

• 5.1. Ferrochrome Market: Key Takeaways
• 5.2. Ferrochrome Market: Movement & Market Share Analysis, 2022 & 2030
• 5.3. High Carbon Ferrochrome
  • 5.3.1. High carbon ferrochrome market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
• 5.4. Medium Carbon Ferrochrome
  • 5.4.1. Medium carbon ferrochrome market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
• 5.5. Low Carbon Ferrochrome
  • 5.5.1. Low carbon ferrochrome market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)

Chapter 6. Ferrochrome Market: Application Estimates & Trend Analysis

• 6.1. Ferrochrome Market: Key Takeaways
• 6.2. Ferrochrome Market: Movement & Market Share Analysis, 2022 & 2030
• 6.3. Stainless Steel
  • 6.3.1. Stainless steel market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)
• 6.4. Other Steel
  • 6.4.1. Other steel market estimates and forecasts, 2018 to 2030 (USD Million, Kilotons)

Chapter 7. Ferrochrome Market: Regional Estimates & Trend Analysis

• 7.1. Regional Outlook
• 7.2. Ferrochrome Market by Region: Key Takeaway
• 7.3. North America
  • 7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.3.2. U.S.
    • 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.3.3. Canada
    • 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.3.4. Mexico
    • 7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
• 7.4. Europe
  • 7.4.1. Germany
    • 7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.4.2. France
    • 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.4.3. Italy
    • 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.4.4. Spain
    • 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.4.5. Russia
    • 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.4.6. Turkey
    • 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
• 7.5. Asia Pacific
  • 7.5.1. Japan
    • 7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.2. China
    • 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.3. India
    • 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.4. Australia
    • 7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.5. South Korea
    • 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.6. Vietnam
    • 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.7. Indonesia
    • 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.5.8. Malaysia Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
• 7.6. Central & South America
  • 7.6.1. Brazil
    • 7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.6.2. Argentina
    • 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
• 7.7. MEA
  • 7.7.1. Saudi Arabia
    • 7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.7.2. South Africa
    • 7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)
  • 7.7.3. Egypt
    • 7.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million; Volume, Kilotons)

Chapter 8. Competitive Landscape

• 8.1. Recent Developments & Impact Analysis, By Key Market Participants
• 8.2. Market Participant Categorization
  • 8.2.1. Samancor Chrome
    • 8.2.1.1. Company overview
    • 8.2.1.2. Financial performance
    • 8.2.1.3. Product benchmarking
    • 8.2.1.4. Strategic initiatives
  • 8.2.2. Jindal Steel & Power Limited
    • 8.2.2.1. Company overview
    • 8.2.2.2. Financial performance
    • 8.2.2.3. Product benchmarking
    • 8.2.2.4. Strategic initiatives
  • 8.2.3. Eurasian Resources Group
    • 8.2.3.1. Company overview
    • 8.2.3.2. Financial performance
    • 8.2.3.3. Product benchmarking
    • 8.2.3.4. Strategic initiatives
  • 8.2.4. Hernic, Vargon Alloys AB
    • 8.2.4.1. Company overview
    • 8.2.4.2. Financial performance
    • 8.2.4.3. Product benchmarking
    • 8.2.4.4. Strategic initiatives
  • 8.2.5. Ferbasa
    • 8.2.5.1. Company overview
    • 8.2.5.2. Financial performance
    • 8.2.5.3. Product benchmarking
    • 8.2.5.4. Strategic initiatives
  • 8.2.6. Yilmaden
    • 8.2.6.1. Company overview
    • 8.2.6.2. Financial performance
    • 8.2.6.3. Product benchmarking
    • 8.2.6.4. Strategic initiatives
  • 8.2.7. Glencore
    • 8.2.7.1. Company overview
    • 8.2.7.2. Financial performance
    • 8.2.7.3. Product benchmarking
    • 8.2.7.4. Strategic initiatives
  • 8.2.8. ALBCHROME
    • 8.2.8.1. Company overview
    • 8.2.8.2. Financial performance
    • 8.2.8.3. Product benchmarking
    • 8.2.8.4. Strategic initiatives
  • 8.2.9. Outokumpu
    • 8.2.9.1. Company overview
    • 8.2.9.2. Financial performance
    • 8.2.9.3. Product benchmarking
    • 8.2.9.4. Strategic initiatives
  • 8.2.10. IMFA
    • 8.2.10.1. Company overview
    • 8.2.10.2. Financial performance
    • 8.2.10.3. Product benchmarking
    • 8.2.10.4. Strategic initiatives
  • 8.2.11. Balasore Alloys Limited
    • 8.2.11.1. Company overview
    • 8.2.11.2. Financial performance
    • 8.2.11.3. Product benchmarking
    • 8.2.11.4. Strategic initiatives
  • 8.2.12. Ferro Alloys Corporation Ltd.
    • 8.2.12.1. Company overview
    • 8.2.12.2. Financial performance
    • 8.2.12.3. Product benchmarking
    • 8.2.12.4. Strategic initiatives