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Ferroalloys Market: Analysis By Product (Ferrochrome, Ferromanganese, Ferrosilicon, and Ferro Silico Manganese), By Application (Carbon & Low Alloy Steel, Stainless Steel, Alloy Steel, Cast Iron, and Other Applications), By Region Size and Trends - Forecast up to 2029

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    Report

  • 149 Pages
  • October 2024
  • Region: Global
  • Daedal Research
  • ID: 6020541
Ferroalloys are a group of iron alloys containing one or more elements other than carbon, such as high percentage of chromium, silicon, manganese, vanadium, etc. Global ferroalloys market is associated with production & supply of iron based alloys to various end user industries, including, steelmaking, construction, automotive, etc. The global ferroalloys market value stood at US$50.06 billion in 2023, and is expected to reach US$71.05 billion by 2029.

The global ferroalloys market has seen steady growth in recent years, driven by several key factors, including increasing industrialization, expanding automotive and construction sectors, and the rising demand for high-performance steel. Ferroalloys are critical in steel production, as they enhance properties such as durability, strength, and corrosion resistance, making steel more versatile for various industrial applications. Rapid urbanization in emerging economies, especially in Asia-Pacific, has spurred demand for infrastructure and construction projects, leading to higher consumption of steel and, subsequently, ferroalloys like ferromanganese, ferrochrome, and ferrosilicon.

Additionally, governments worldwide are investing heavily in infrastructure development to support economic growth, which directly boosts the ferroalloy market as steel remains the foundational material for building and construction. In the forthcoming years, the ferroalloys market is expected to continue growing due to emerging trends in green steel production and eco-friendly manufacturing practices. As countries adopt stricter environmental regulations, especially in Europe and North America, the ferroalloy industry is adapting by implementing cleaner production technologies, including the use of renewable energy sources and recycling methods. The market is expected to grow at a CAGR of 6.01% over the projected period of 2024-2029.

Market Segmentation Analysis:

By Product: The report provides the bifurcation of the global ferroalloys market into four segments on the basis of product namely, ferrochrome, ferromanganese, ferrosilicon, and ferro silico manganese. The ferrochrome segment held the highest share of the market, whereas the ferrosilicon is expected to be the fastest-growing segment in the forecasted period. Ferrochrome contains chromium, which enhances steel’s hardness, corrosion resistance, and aesthetic appeal, making it indispensable for stainless steel manufacturing. With rising applications in construction, automotive, and consumer goods, especially in developing regions, stainless steel production has surged, driving demand for ferrochrome.

Additionally, infrastructure projects, such as bridges, buildings, and public transportation systems, rely on stainless steel for its durability and low maintenance needs. Among the ferroalloy products, ferrochrome holds the largest market share primarily due to the high volume required for stainless steel. Similarly, ferrosilicon demand is on the rise, especially as industries recognize its value in steel manufacturing and foundry applications.

It acts as a deoxidizing agent in steel production, enhancing strength and flexibility, which is crucial for high-performance steels used in modern construction and engineering applications. Additionally, ferrosilicon plays a key role in the production of silicon-steel, which is highly sought after in electrical applications due to its magnetic properties. With the global shift toward renewable energy sources, ferrosilicon is increasingly used in transformer and electric motor production for energy-efficient solutions.

By Application: The report provides the bifurcation of the global ferroalloys market into five segments on the basis of application, namely, carbon & low alloy steel, stainless steel, alloy steel, cast iron, and other applications. The demand for ferroalloys in the carbon and low alloy steel segment has been steadily increasing, driven by the extensive use of this steel type in infrastructure, construction, and transportation industries. Carbon and low alloy steels, known for their strength and malleability, are widely used in structural applications like beams, bridges, and machinery, which require durability and resistance to wear.

Ferroalloys such as ferromanganese and ferrosilicon are essential in the production of carbon and low alloy steel, enhancing the steel's mechanical properties and making it suitable for demanding environments. Similarly, the demand for ferroalloys in cast iron production is expected to experience rapid growth in the forecast period, driven by cast iron's increasing applications in heavy-duty industries such as automotive, plumbing, and municipal infrastructure.

Cast iron’s high durability and excellent machinability make it ideal for products like engine blocks, pipes, manhole covers, and construction machinery. The rising demand for industrial and municipal infrastructure upgrades, particularly in developing countries, is expected to boost cast iron usage, with ferroalloys like ferrosilicon and ferromanganese improving cast iron’s properties.

By Region: The report provides insight into the global ferroalloys market based on regions namely, North America, Europe, Asia Pacific, and rest of the world. Asia Pacific is the largest region of global ferroalloy market owing to region's extensive steel manufacturing industry, rising consumer discretionary money, thriving local building sector, expansion of renewable energy projects, strong production base for steel & cast iron manufacturing, rapidly expanding automotive sector, low labor cost of ferro alloys production, and strong government support for industrial growth & infrastructure development in emerging economies like India, South Korea, and China.

Also, the large production volume of crude steel in China, India, and Japan for use in residential and commercial construction and infrastructure development projects, as well as in the automotive & transportation, energy, and electronics industries, will continue to boost the demand of ferro alloys in the region. On the basis of region, Asia Pacific ferroalloys market is divided into four regions, namely, China, Japan, India, and rest of Asia Pacific, where China accounts for the largest share of Asia Pacific ferroalloys market owing to its dominant steel industry, increasing demand for stainless steel, high government-sponsored infrastructure spending, booming consumer electronics and electrical equipment sector, strong push towards renewable energy initiatives, country’s robust mining and metallurgy industry, and positively expanding shipbuilding industry.

North America is the fastest growing region of global ferro alloys market owing to its well-established steel industry, growing demand for automotive, increasing investments in construction & infrastructure development projects, region's focus on technological innovation in metallurgy and production processes, presence of robust defense and aerospace industry, increased focus on sustainability & steel recycling initiatives, and presence of well-established end user industries such as, metallurgical, aerospace, construction etc., In addition, the market is significantly shaped by North America's emphasis on infrastructural development and technology innovation.

By Exports: The growth in trade value and quantity of ferro alloy exports in 2023, particularly in China, Brazil, and the US, can be attributed to these regions' pivotal roles in the steelmaking industry and the continuous expansion of sectors requiring high-quality steel. For instance, China, the largest consumer and producer of steel globally, relies heavily on ferro alloys to meet its industrial needs. China’s infrastructure projects, construction boom, and manufacturing demand have significantly driven its need for ferro alloys, resulting in an increase in export trade values. Similarly, the US also plays a significant role in the ferro alloys market, with the steel industry being a major consumer of these alloys.

While the US imports a significant portion of its ferro alloys, it also has a growing export market, particularly for niche ferro alloys utilized in advanced steel applications. The rise in US ferro alloy exports can be linked to increasing demand in the defense, automotive, and construction sectors, where advanced steel materials are essential. Moreover, the US maintains a steady production base for specific ferro alloys, further contributing to its role as an exporter.

By Imports: The fluctuations in ferro alloy imports trade value and quantity in 2022, particularly in China, Japan, and the European Union, reflect the evolving economic conditions, industrial demand, and regional priorities. In China, both the trade value and quantity of ferro alloy imports showed a declining trend. This decline can largely be attributed to a slowdown in China’s industrial growth due to factors like stringent COVID-19 restrictions and weakened global demand for Chinese exports. Japan, on the other hand, experienced an increase in both the trade value and quantity of ferro alloy imports in 2022.

Japan is one of the world’s largest steel producers, with robust demand for specialized steels in industries like automotive manufacturing, shipbuilding, and electronics. The increasing demand for ferro alloys aligns with Japan’s push to revive industrial production post-pandemic, especially given its role as a significant exporter of high-quality steel products.

Moreover, The European Union saw a unique trend in 2022, with trade values increasing while import quantities decreased. This was primarily due to inflation and rising energy costs, which drove up the prices of imported goods, including ferro alloys. European steelmakers faced higher production costs, necessitating a focus on sourcing high-quality ferro alloys even as overall consumption remained cautious.

Market Dynamics:

Growth Drivers: The global ferroalloy market has been rapidly growing over the past few years, due to factors such as growing steel production, expansion of automotive industry, growing construction spending, rising demand for renewable energy, supportive government policies and incentives, etc. 2024. Growing construction spending worldwide is significantly boosting the ferroalloy market, as ferroalloys are essential in producing high-strength and corrosion-resistant steel used in various construction applications. Ferroalloys like ferromanganese are crucial in manufacturing structural steel and reinforcing bars (rebar) to ensure durability and stability in buildings, bridges, and infrastructure projects.

Also, the global push toward reducing carbon emissions has led to significant investments in renewable energy projects, spurring demand for high-performance, corrosion-resistant steel that ensures the long operational life of renewable installations. Wind turbines, for example, utilize vast amounts of steel to construct tall towers and heavy-duty blades, all of which require ferroalloys to achieve the desired strength and flexibility.

Challenges: However, the global ferroalloy market growth would be negatively impacted by various challenges such as, shortage of raw materials, competition from substitute products, etc. Competition from substitute products is a significant challenge hindering the growth of the ferroalloy market. Various alternative materials, such as aluminum, titanium alloys, and composite materials, are increasingly being adopted in industries like automotive, aerospace, and construction due to their favorable properties, including lightweight characteristics and corrosion resistance. For example, aluminum is often preferred in vehicle manufacturing because it offers weight savings that enhance fuel efficiency and performance, reducing the demand for traditional steel alloys that rely on ferroalloys for their production.

Trends: The global ferroalloy market is projected to grow at a fast pace during the forecasted period, owing to, rising demand of electric vehicles, technological advancements in alloy production, growing emphasis on customized alloys and special ferroalloys, increasing focus on green steel and eco-friendly production processes, increasing recycling and resource efficiency, etc. The rising demand for electric vehicles (EVs) is poised to significantly contribute to the growth of the ferroalloy market as automakers increasingly seek lightweight and high-strength materials to enhance vehicle efficiency and performance.

Ferroalloys, such as ferrovanadium and ferrosilicon, are essential in producing advanced high-strength steel and aluminum alloys used in EV manufacturing. In addition, the increasing emphasis on green steel and eco-friendly production processes is poised to significantly benefit the ferroalloy market in the forthcoming years. As global concerns regarding climate change and environmental sustainability intensify, industries are shifting toward low-carbon and sustainable practices.

Green steel, produced with minimal environmental impact, heavily relies on ferroalloys to enhance the performance and mechanical properties of the steel without compromising sustainability goals. The adoption of electric arc furnaces, which utilize renewable energy sources, significantly reduces the carbon footprint associated with steel production, creating a substantial demand for ferroalloys that are integral to this process.

Impact Analysis of COVID-19 and Way Forward:

COVID-19 brought in many changes in the world in terms of reduced productivity, loss of life, business closures, closing down of factories and organizations, and shift to an online mode of work. The growth of global ferroalloy market was negatively impacted during the period 2019-2020. Ferro alloys, which are critical in steel production, faced a decline in demand due to the slowdown in major end-use industries such as construction, automotive, and infrastructure, all of which were severely affected by lockdowns & reduced economic activity. During 2020, the market witnessed a sharp decline in production and consumption, as many steel plants and manufacturing units were forced to halt or reduce operations due to government-imposed restrictions.

Competitive Landscape:

The global ferroalloys market is fragmented, with large number of companies, ranging from established brands to smaller regional players and niche manufacturers catering to the industry demand.

The key players of the market are:

  • Tata Group (Tata Steel)
  • Glencore
  • Steel Authority of India Limited (SAIL)
  • OM Holdings Ltd.
  • ArcelorMittal
  • Jindal Stainless Limited
  • Nava Limited
  • Pertama Ferroalloys Sdn Bhd
  • Saudi National Committee for Steel Industry (Gulf Ferro Alloys Company)
  • Belmont Metals Inc.
  • Malcolm G. Stevens, Inc.
  • DS Alloyd
  • Sakura Ferroalloys Sdn Bhd
The market has high concentration of ferroalloy producers located in India and China, and since the industry is highly capital and energy intensive, the market entry barriers are high for new players entering into the market. Most of the businesses are investing substantially in R&D activities to expand their product portfolio and increase their global market share.

In order to stay competitive, major players in the market are adopting a variety of competitive strategies, such as geographical expansion, and mergers and acquisitions of smaller brands and domestic companies, to accommodate emerging markets and expand their geographical footprint. For instance, on March 30, 2022, Tata Steel Limited announced that the company has executed an Asset Transfer Agreement with Stork Ferro and Mineral Industries Private Limited (‘SFML’) for acquisition of itemized assets to produce ferro alloys.

Table of Contents

1. Executive Summary
2. Introduction
2.1 Ferroalloys: An Overview
2.1.1 Definition of Ferroalloys
2.1.2 Benefits of Ferroalloys
2.2 Ferroalloys Segmentation: An Overview
2.2.1 Ferroalloys Segmentation
3. Global Market Analysis
3.1 Global Ferroalloys Market: An Analysis
3.1.1 Global Ferroalloys Market: An Overview
3.1.2 Global Ferroalloys Market by Value
3.1.3 Global Ferroalloys Market by Product (Ferrochrome, Ferromanganese, Ferrosilicon, and Ferro Silico Manganese)
3.1.4 Global Ferroalloys Market by Application (Carbon & Low Alloy Steel, Stainless Steel, Alloy Steel, Cast Iron, and Other Applications)
3.1.5 Global Ferroalloys Market by Region (North America, Europe, Asia Pacific, and Rest of the World)
3.2 Global Ferroalloys Market: Product Analysis
3.2.1 Global Ferroalloys Market: Product Overview
3.2.2 Global Ferrochrome Ferroalloys Market by Value
3.2.3 Global Ferromanganese Ferroalloys Market by Value
3.2.4 Global Ferrosilicon Ferroalloys Market by Value
3.2.5 Global Ferro Silico Manganese Ferroalloys Market by Value
3.3 Global Ferroalloys Market: Application Analysis
3.3.1 Global Ferroalloys Market: Application Overview
3.3.2 Global Carbon & Low Alloy Steel Ferroalloys Market by Value
3.3.3 Global Stainless Steel Ferroalloys Market by Value
3.3.4 Global Alloy Steel Ferroalloys Market by Value
3.3.5 Global Cast Iron Ferroalloys Market by Value
3.3.6 Global Other Applications Ferroalloys Market by Value
3.4 Global Ferroalloys Market: Exports Analysis
3.4.1 Global Ferroalloys Market: Exports Overview
3.4.2 Global Ferroalloys Market by Exports Trade Value and Quantity
3.5 Global Ferroalloys Market: Imports Analysis
3.5.1 Global Ferroalloys Market: Imports Overview
3.5.2 Global Ferroalloys Market by Imports Trade Value and Quantity
4. Regional Market Analysis
4.1 Asia Pacific Ferroalloys Market: An Analysis
4.1.1 Asia Pacific Ferroalloys Market: An Overview
4.1.2 Asia Pacific Ferroalloys Market by Value
4.1.3 Asia Pacific Ferroalloys Market by Product (Ferrochrome, Ferromanganese, Ferrosilicon, and Ferro Silico Manganese)
4.1.4 Asia Pacific Ferroalloys Market by Application (Carbon & Low Alloy Steel, Stainless Steel, Alloy Steel, Cast Iron, and Other Applications)
4.1.5 Asia Pacific Ferroalloys Market by Region (China, Japan, India, and rest of Asia Pacific)
4.1.6 China Ferroalloys Market by Value
4.1.7 Japan Ferroalloys Market by Value
4.1.8 India Ferroalloys Market by Value
4.1.9 Rest of Asia Pacific Ferroalloys Market by Value
4.2 North America Ferroalloys Market: An Analysis
4.2.1 North America Ferroalloys Market: An Overview
4.2.2 North America Ferroalloys Market by Value
4.2.3 North America Ferroalloys Market by Product (Ferrochrome, Ferromanganese, Ferrosilicon, and Ferro Silico Manganese)
4.2.4 North America Ferroalloys Market by Application (Carbon & Low Alloy Steel, Stainless Steel, Alloy Steel, Cast Iron, and Other Applications)
4.2.5 North America Ferroalloys Market by Region (The US, Canada, and Mexico)
4.2.6 The US Ferroalloys Market by Value
4.2.7 Canada Ferroalloys Market by Value
4.2.8 Mexico Ferroalloys Market by Value
4.3 Europe Ferroalloys Market: An Analysis
4.3.1 Europe Ferroalloys Market: An Overview
4.3.2 Europe Ferroalloys Market by Value
4.3.3 Europe Ferroalloys Market by Product (Ferrochrome, Ferromanganese, Ferrosilicon, and Ferro Silico Manganese)
4.3.4 Europe Ferroalloys Market by Application (Carbon & Low Alloy Steel, Stainless Steel, Alloy Steel, Cast Iron, and Other Applications)
4.3.5 Europe Ferroalloys Market by Region (Germany, UK France, Italy, Spain, and rest of Europe)
4.3.6 Germany Ferroalloys Market by Value
4.3.7 UK Ferroalloys Market by Value
4.3.8 France Ferroalloys Market by Value
4.3.9 Italy Ferroalloys Market by Value
4.3.10 Spain Ferroalloys Market by Value
4.3.11 Rest of Europe Ferroalloys Market by Value
4.4 Rest of the World Ferroalloys Market: An Analysis
4.4.1 Rest of the World Ferroalloys Market: An Overview
4.4.2 Rest of the World Ferroalloys Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19 on Global Ferroalloys Market
5.2 Post COVID-19 Impact on Global Ferroalloys Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Growing Steel Production
6.1.2 Expansion of Automotive Industry
6.1.3 Rising Utilization of Ferro Alloys in Aircraft Industry
6.1.4 Growing Construction Spending
6.1.5 Rising Demand for Renewable Energy
6.1.6 Increasing Demand for Ferroalloys in the Mining and Railways Sectors
6.1.7 Growing Need for Alloys with High Performance
6.1.8 Supportive Government Policies and Incentives
6.2 Challenges
6.2.1 Shortage of Raw Materials
6.2.2 Competition from Substitute Products
6.3 Market Trends
6.3.1 Rising Demand of Electric Vehicles
6.3.2 Technological Advancements in Alloy Production
6.3.3 Increasing Focus on Green Steel and Eco-friendly Production Processes
6.3.4 Increasing Recycling and Resource Efficiency
6.3.5 Growing Emphasis on Customized Alloys and Special Ferroalloys
7. Competitive Landscape
7.1 Global Ferroalloy Market: Competitive Landscape
8. Company Profiles
8.1 Tata Group (Tata Steel)
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy
8.2 Glencore
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy
8.3 Steel Authority of India Limited (SAIL)
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy
8.4 OM Holdings Ltd.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy
8.5 ArcelorMittal
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy
8.6 Jindal Stainless Limited
8.6.1 Business Overview
8.6.2 Revenue by Geography
8.6.3 Business Strategy
8.7 Nava Limited
8.7.1 Business Overview
8.7.2 Operating Segments
8.8 Pertama Ferroalloys Sdn Bhd
8.8.1 Business Overview
8.8.2 Business Strategy
8.9 Saudi National Committee for Steel Industry (Gulf Ferro Alloys Company)
8.9.1 Business Overview
8.10 Belmont Metals Inc.
8.10.1 Business Overview
8.11 Malcolm G. Stevens, Inc.
8.11.1 Business Overview
8.12 DS Alloyd
8.12.1 Business Overview
8.13 Sakura Ferroalloys Sdn Bhd
8.13.1 Business Overview
List of Figures
Figure 1: Ferroalloys Segmentation
Figure 2: Global Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 3: Global Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 4: Global Ferroalloys Market by Product; 2023 (Percentage, %)
Figure 5: Global Ferroalloys Market by Application; 2023 (Percentage, %)
Figure 6: Global Ferroalloys Market by Region; 2023 (Percentage, %)
Figure 7: Global Ferrochrome Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 8: Global Ferrochrome Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 9: Global Ferromanganese Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 10: Global Ferromanganese Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 11: Global Ferrosilicon Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 12: Global Ferrosilicon Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 13: Global Ferro Silico Manganese Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 14: Global Ferro Silico Manganese Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 15: Global Carbon & Low Alloy Steel Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 16: Global Carbon & Low Alloy Steel Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 17: Global Stainless Steel Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 18: Global Stainless Steel Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 19: Global Alloy Steel Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 20: Global Alloy Steel Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 21: Global Cast Iron Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 22: Global Cast Iron Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 23: Global Other Applications Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 24: Global Other Applications Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 25: Global Ferroalloys Market Exports Trade Value by Country; 2021 & 2023 (US$ Million)
Figure 26: Global Ferroalloys Market Exports Quantity by Country; 2021 & 2023 (Million Kg)
Figure 27: Global Ferroalloys Imports Trade Value by Country; 2021 & 2022 (US$ Million)
Figure 28: Global Ferroalloys Imports Quantity by Country; 2021 & 2022 (Million Kg)
Figure 29: Asia Pacific Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 30: Asia Pacific Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 31: Asia Pacific Ferroalloys Market by Product; 2023 and 2029 (Percentage, %)
Figure 32: Asia Pacific Ferroalloys Market by Application; 2023 and 2029 (Percentage, %)
Figure 33: Asia Pacific Ferroalloys Market by Region; 2023 (Percentage, %)
Figure 34: China Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 35: China Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 36: Japan Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 37: Japan Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 38: India Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 39: India Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 40: Rest of Asia Pacific Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 41: Rest of Asia Pacific Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 42: North America Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 43: North America Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 44: North America Ferroalloys Market by Product; 2023 and 2029 (Percentage, %)
Figure 45: North America Ferroalloys Market by Application; 2023 and 2029 (Percentage, %)
Figure 46: North America Ferroalloys Market by Region; 2023 (Percentage, %)
Figure 47: The US Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 48: The US Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 49: Canada Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 50: Canada Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 51: Mexico Ferroalloys Market by Value; 2019-2023 (US$ Million)
Figure 52: Mexico Ferroalloys Market by Value; 2024-2029 (US$ Million)
Figure 53: Europe Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 54: Europe Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 55: Europe Ferroalloys Market by Product; 2023 and 2029 (Percentage, %)
Figure 56: Europe Ferroalloys Market by Application; 2023 and 2029 (Percentage, %)
Figure 57: Europe Ferroalloys Market by Region; 2023 (Percentage, %)
Figure 58: Germany Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 59: Germany Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 60: UK Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 61: UK Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 62: France Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 63: France Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 64: Italy Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 65: Italy Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 66: Spain Ferroalloys Market by Value; 2019-2023 (US$ Million)
Figure 67: Spain Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 68: Rest of Europe Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 69: Rest of Europe Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 70: Rest of the World Ferroalloys Market by Value; 2019-2023 (US$ Billion)
Figure 71: Rest of the World Ferroalloys Market by Value; 2024-2029 (US$ Billion)
Figure 72: Global Crude Steel Production; 2019-2023 (Billion Tonnes)
Figure 73: Global Passenger Car Production; 2019-2023 (Million Unit)
Figure 74: Global Airline Industry Revenue; 2019-2024 (US$ Billion)
Figure 75: The US Construction Spending; March 2024- July 2024 (US$ Billion)
Figure 76: Global Electricity Supply and Share of Renewable Source; 2020-2025 (TWh, Percentage, %)
Figure 77: Global Electric Car Sales; 2020-2024 (Million Units)
Figure 78: Tata Steel Revenue by Segment; 2023 (Percentage, %)
Figure 79: Glencore Revenue by Segment; 2023 (Percentage, %)
Figure 80: Steel Authority of India Limited Revenue by Segment; 2024 (Percentage, %)
Figure 81: OM Holdings Ltd. Revenue by Segment; 2023 (Percentage, %)
Figure 82: ArcelorMittal Sales by Segment; 2023 (Percentage, %)
Figure 83: Jindal Stainless Limited Revenue by Geography; 2024 (Percentage, %)
Figure 84: Nava Limited Revenue by Segment; 2024 (Percentage, %)