Global Ferrochrome Market Growth 2019-2024

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.

According to this study, over the next five years the Ferrochrome market will register a 10.1% CAGR in terms of revenue, the global market size will reach US$ 21100 million by 2024, from US$ 11900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ferrochrome business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Ferrochrome market by product type, application, key manufacturers and key regions and countries.

This study considers the Ferrochrome value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Carbon Type
Low Carbon Type
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Stainless steel
Engineering & alloy steel
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ferrochrome consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ferrochrome market by identifying its various subsegments.
Focuses on the key global Ferrochrome manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ferrochrome with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ferrochrome submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.