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North America And EMEA Ferrosilicon Market Size, Share & Trends Analysis Report By Application, By Region, And Segment Forecasts, 2025 - 2030- Product Image
North America And EMEA Ferrosilicon Market Size, Share & Trends Analysis Report By Application, By Region, And Segment Forecasts, 2025 - 2030- Product Image
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North America And EMEA Ferrosilicon Market Size, Share & Trends Analysis Report By Application, By Region, And Segment Forecasts, 2025 - 2030

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  • 80 Pages
  • December 2024
  • Region: Africa, Europe, Middle East, North America
  • Grand View Research
  • ID: 5480674
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North America And EMEA Ferrosilicon Market Growth & Trends

The North America and EMEA ferrosilicon market size is expected to reach USD 4.66 billion by 2030, growing at a CAGR of 4.4% from 2025 to 2030. Increasing demand for ferrosilicon as inoculant and deoxidizer in industries including steel and iron casting is anticipated to propel the market growth over the coming years.

Rising demand for electrical steel in the production of motors, transformers, and amplifiers owing to its properties that improve the electrical resistivity is the major factor fueling the market growth. Moreover, increasing demand from applications, such as electricity transmission and distribution, power generation, automobiles, renewable energy, industrial machines, and home appliances, is further expected to drive the market over the forecast period.

The industry is facing strict government mandates and ups and downs in the raw material supply chain. These are some prime challenges that companies need to work upon. Manufacturers are investing in developing technologies to curb CO2 emissions and lower the energy consumption in the production of ferrosilicon by opting for biochar pellets and charcoal.

Established market players are opting for sustainable methods for manufacturing steel, which is one of the key applications of the market. For instance, in October 2020, ArcelorMittal Europe announced to produce green steel using CO2 technology, which enables to offer green solutions to the consumers. The company’s target is to reduce carbon footprints by 30% by 2030.

Ferrosilicon acts as a manufacturing additive in the production of steel and its products. Many key players of the steel industry are investing in mergers & acquisitions for product advancement. For instance, in January 2021, United States Steel Corp. acquired Big River Steel for approximately USD 774 million on account of manufacturing sustainable and high-strength steel. The steelmakers have collaborated to produce low-cost mini-mill technologies and focus on product innovation.

North America And EMEA Ferrosilicon Market Report Highlights

  • The stainless steel application segment led the market in 2024 due to the high consumption of stainless steel in the production of utensils and surgical instruments.
  • The carbon & alloy steel segment dominated the North America and EMEA Ferrosilicon industry with a revenue share of 43.7% in 2024.
  • Growing emphasis on creating differentiation in cookware products and the making of machines & automotive parts has led to the growth of the cast iron market.
  • Europe dominated the market with more than 63.8% share of the total revenue in 2024. Growing business opportunities in the ferroalloys and steel industry coupled with rising emphasis on crude steel production in Europe is anticipated to drive the product demand over the forecast period.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. North America and EMEA Ferrosilicon Market Variables, Trends & Scope
3.1. North America and EMEA Ferrosilicon Market Outlook
3.2. Industry Value Chain Analysis
3.3. Average Price Trend Analysis
3.4. Supply-Demand Gap Analysis, 2024
3.5. Regulatory Framework
3.5.1. Policies and Incentive Plans
3.5.2. Standards and Compliances
3.5.3. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
3.7.1. Supplier Power
3.7.2. Buyer Power
3.7.3. Substitution Threat
3.7.4. Threat From New Entrant
3.7.5. Competitive Rivalry
3.8. PESTEL Analysis
3.8.1. Political Landscape
3.8.2. Economic Landscape
3.8.3. Social Landscape
3.8.4. Technological Landscape
3.8.5. Environmental Landscape
3.8.6. Legal Landscape
Chapter 4. North America and EMEA Ferrosilicon Market: Application Outlook Estimates & Forecasts
4.1. Ferrosilicon Market: Application Movement Analysis, 2024 & 2030
4.2. Carbon & Alloy Steel
4.2.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
4.3. Stainless Steel
4.3.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
4.4. Electric Steel
4.4.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
4.5. Cast Irons
4.5.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
4.6. Others
4.6.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
Chapter 5. North America and EMEA Ferrosilicon Market Regional Outlook Estimates & Forecasts
5.1. Regional Snapshot
5.2. Ferrosilicon Market: Regional Movement Analysis, 2024 & 2030
5.3. North America
5.3.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.3.3. U.S.
5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.3.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.3.4. Canada
5.3.4.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.3.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.3.5. Mexico
5.3.5.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.3.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.4. Europe
5.4.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.4.3. Germany
5.4.3.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.4.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.4.4. Russia
5.4.4.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.4.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.4.5. UK
5.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.4.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.5. MEA
5.5.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
5.5.3. GCC
5.5.3.1. Market Estimates and Forecast, 2018 - 2030 (Kiloton) (USD Million)
5.5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kiloton) (USD Million)
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Vendor Landscape
6.2.1. Company Categorization
6.2.2. List Of Key Distributors and Channel Partners
6.2.3. List Of Potential Customers/End Users
6.3. Competitive Dynamics
6.3.1. Competitive Benchmarking
6.3.2. Strategy Mapping
6.3.3. Heat Map Analysis
6.4. Company Profiles/Listing
6.4.1. Eurasian Resources Group
6.4.1.1. Participant’s Overview
6.4.1.2. Financial Performance
6.4.1.3. Product Benchmarking
6.4.1.4. Strategic Initiatives
6.4.2. Ferroglobe
6.4.2.1. Participant’s Overview
6.4.2.2. Financial Performance
6.4.2.3. Product Benchmarking
6.4.2.4. Strategic Initiatives
6.4.3. Finnfjord AS
6.4.3.1. Participant’s Overview
6.4.3.2. Financial Performance
6.4.3.3. Product Benchmarking
6.4.3.4. Strategic Initiatives
6.4.4. Eramet
6.4.4.1. Participant’s Overview
6.4.4.2. Financial Performance
6.4.4.3. Product Benchmarking
6.4.4.4. Strategic Initiatives
6.4.5. thyssenkrupp Materials Trading GmbH
6.4.5.1. Participant’s Overview
6.4.5.2. Financial Performance
6.4.5.3. Product Benchmarking
6.4.5.4. Strategic Initiatives
6.4.6. EFACO
6.4.6.1. Participant’s Overview
6.4.6.2. Financial Performance
6.4.6.3. Product Benchmarking
6.4.6.4. Strategic Initiatives
6.4.7. Metalleghe
6.4.7.1. Participant’s Overview
6.4.7.2. Financial Performance
6.4.7.3. Product Benchmarking
6.4.7.4. Strategic Initiatives
6.4.8. Eti Elektrometalurji A.S
6.4.8.1. Participant’s Overview
6.4.8.2. Financial Performance
6.4.8.3. Product Benchmarking
6.4.8.4. Strategic Initiatives
6.4.9. Elkem ASA
6.4.9.1. Participant’s Overview
6.4.9.2. Financial Performance
6.4.9.3. Product Benchmarking
6.4.9.4. Strategic Initiatives
6.4.10. Iran Ferroalloy Industries Co
6.4.10.1. Participant’s Overview
6.4.10.2. Financial Performance
6.4.10.3. Product Benchmarking
6.4.10.4. Strategic Initiatives
6.4.11. Huta Laziska SA
6.4.11.1. Participant’s Overview
6.4.11.2. Financial Performance
6.4.11.3. Product Benchmarking
6.4.11.4. Strategic Initiatives
6.4.12. Mississippi Silicon
6.4.12.1. Participant’s Overview
6.4.12.2. Financial Performance
6.4.12.3. Product Benchmarking
6.4.12.4. Strategic Initiatives
6.4.13. Wacker Chemie AG
6.4.13.1. Participant’s Overview
6.4.13.2. Financial Performance
6.4.13.3. Product Benchmarking
6.4.13.4. Strategic Initiatives
List of Tables
Table 1 List Of Abbreviations
Table 2 North America and EMEA Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 3 North America and EMEA Ferrosilicon Market Estimates and Forecasts, By Region, 2018 - 2030 (Kiloton) (USD Million)
Table 4 North America Ferrosilicon Market Estimates and Forecasts, By Country, 2018 - 2030 (Kiloton) (USD Million)
Table 5 North America Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 6 U.S. Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 7 Canada Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 8 Mexico Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 9 Europe Ferrosilicon Market Estimates and Forecasts, By Country, 2018 - 2030 (Kiloton) (USD Million)
Table 10 Europe Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 11 Germany Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 12 Russia Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 13 UK Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 14 MEA Ferrosilicon Market Estimates and Forecasts, By Country, 2018 - 2030 (Kiloton) (USD Million)
Table 15 MEA Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
Table 16 GCC Ferrosilicon Market Estimates and Forecasts, By Application, 2018 - 2030 (Kiloton) (USD Million)
List of Figures
Fig. 1 Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation and Validation
Fig. 5 Market Snapshot
Fig. 6 Segmental Outlook- Application, And Region
Fig. 7 Competitive Outlook
Fig. 8 Value Chain Analysis
Fig. 9 Market Dynamics
Fig. 10 Porter’s Analysis
Fig. 11 PESTEL Analysis
Fig. 12 North America and EMEA Ferrosilicon Market, By Application: Key Takeaways
Fig. 13 North America and EMEA Ferrosilicon Market, By Application: Market Share, 2024 & 2030
Fig. 14 Carbon & Alloy Steel Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 15 Stainless Steel Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 16 Electric Steel Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 17 Cast Irons Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 18 Other Applications Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 19 North America and EMEA Ferrosilicon Market, By Region: Key Takeaways
Fig. 20 North America and EMEA Ferrosilicon Market, By Region: Market Share, 2024 & 2030
Fig. 21 North America Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 22 US Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 23 Canada Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 24 Mexico Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 25 Europe Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 26 Germany Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 27 Russia Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 28 UK Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 29 MEA Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)
Fig. 30 GCC Ferrosilicon Market Estimates & Forecasts, 2018 - 2030 (Kiloton) (USD Million)

Companies Mentioned

  • Eurasian Resources Group
  • Ferroglobe
  • Finnfjord AS
  • Eramet
  • thyssenkrupp Materials Trading GmbH
  • EFACO
  • Metalleghe
  • Eti Elektrometalurji A.S
  • Elkem ASA
  • Iran Ferroalloy Industries Co
  • Huta Łaziska SA
  • Mississippi Silicon
  • Wacker Chemie AG

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedDecember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 3.6 billion
Forecasted Market Value ( USD ) by 2030 $ 4.66 billion
Compound Annual Growth Rate4.4%
Regions CoveredAfrica, Europe, Middle East, North America
No. of Companies Mentioned13

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