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Ferro Manganese Market Size, Share & Trends Analysis Report By Grade, By Application, By Region, And Segment Forecasts, 2025 - 2030- Product Image
Ferro Manganese Market Size, Share & Trends Analysis Report By Grade, By Application, By Region, And Segment Forecasts, 2025 - 2030- Product Image
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Ferro Manganese Market Size, Share & Trends Analysis Report By Grade, By Application, By Region, And Segment Forecasts, 2025 - 2030

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    Report

  • 100 Pages
  • December 2024
  • Region: Global
  • Grand View Research
  • ID: 6040940
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Ferro Manganese Market Growth & Trends

The global ferro manganese market size is expected to reach USD 22.48 billion by 2030, registering a CAGR of 5.4% from 2025 to 2030. The increasing popularity of cast iron cookware is projected to aid market growth over the forecast period.

Ferro manganese is widely used as a sulfur counterpart in the production of cast iron. The ability of the product to remove sulfur contaminants by forming manganese sulfide offers a great advantage as it can easily be removed as slag. The cast iron production historically has observed tremendous growth, for instance, global cast iron production has grown from nearly 54 million tons to approximately 96 million tons from 2000 to 2019. The use of cast iron, especially in cookware, has witnessed a steady climb owing to its ability to offer non-sticky, anti-rust, and durable quality utensils. Thus, the rising production of cast iron is projected to remain a key driver for the market over the forecast period.

However, with the breakout of the COVID-19 pandemic, the dynamics of the ferro manganese industry evolved rapidly and stronger demand for the product was observed in European countries amid the fear of complete lockdown. Many European suppliers of the product stated the greater stocking of ferro manganese by still mills in the Northern Italy region. Although this trend was short lived as the downstream demand for steel products declined rapidly. As per the stats released by the World Steel Association, the global steel demand is estimated to contract by nearly 6.4% in FY 2020. The downward sentiments in the global steel marketspace are anticipated to affect the growth of the ferro manganese sector over the short-term period.

The industry vendors owing to the breakout of COVID-19 are under severe distress as the downstream demand from the steel industry is going toward a negative trajectory. Owing to the falling demand from the steel sector, Vale, which is among the prominent producers of ferro manganese, closed its plant operations in Simoes Filho, Brazil. Many market participants have devised strategies to cut down expenditure by operating at minimal capacities.

Ferro Manganese Market Report Highlights

  • The high-carbon ferro manganese led the market and accounted for the largest revenue share of 59.7% in 2024. This growth can be attributed to its extensive application in steel manufacturing.
  • Carbon and low-alloy steel segment dominated the market and accounted for the largest revenue share of 46.1% in 2024, primarily driven by the increasing demand for high-strength materials in various industries.
  • The Asia Pacific ferro manganese market dominated the global market and accounted for the largest revenue share of 50.8% in 2024. This growth can be attributed to rapid industrialization and urbanization.
  • The ferro manganese market in Europe is expected to grow significantly over the forecast period, primarily due to the rising demand for high-strength steel in various industries, including automotive and construction.

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. Ferro Manganese Market Variables, Trends & Scope
3.1. Global Ferro Manganese Market Outlook
3.2. Industry Value Chain Analysis
3.3. Application Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter’s Five Forces Analysis
3.8.1. Supplier Power
3.8.2. Buyer Power
3.8.3. Substitution Threat
3.8.4. Threat From New Entrant
3.8.5. Competitive Rivalry
3.9. PESTEL Analysis
3.9.1. Political Landscape
3.9.2. Economic Landscape
3.9.3. Social Landscape
3.9.4. Technological Landscape
3.9.5. Environmental Landscape
3.9.6. Legal Landscape
Chapter 4. Ferro Manganese Market: Grade Outlook Estimates & Forecasts
4.1. Ferro Manganese Market: Grade Movement Analysis, 2024 & 2030
4.1.1. High Carbon
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
4.1.2. Refined
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Ferro Manganese Market: Application Outlook Estimates & Forecasts
5.1. Ferro Manganese Market: Application Movement Analysis, 2024 & 2030
5.1.1. Carbon & Low Alloy Steel
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.2. Stainless Steel
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.3. Alloy Steel
5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.4. Cast Iron
5.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
5.1.5. Others
5.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Ferro Manganese Market Regional Outlook Estimates & Forecasts
6.1. Regional Snapshot
6.2. Ferro Manganese Market: Regional Movement Analysis, 2024 & 2030
6.3. North America
6.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.3.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.3.4. U.S.
6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.3.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4. Europe
6.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.4. Germany
6.4.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.4.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.5. UK
6.4.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.4.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.4.6. France
6.4.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.4.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5. Asia Pacific
6.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.4. China
6.5.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.5.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.5. India
6.5.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.5.5.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.5.6. Japan
6.5.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.5.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6. Latin America
6.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.6.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.6.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.6.4. Brazil
6.6.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.6.4.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
6.7. Middle East & Africa
6.7.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
6.7.2. Market Estimates and Forecast, By Grade, 2018 - 2030 (Kilotons) (USD Million)
6.7.3. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Vendor Landscape
7.2.1. Company Categorization
7.2.2. List Of Key Distributors and Channel Partners
7.2.3. List Of Potential Customers/End Users
7.3. Competitive Dynamics
7.3.1. Competitive Benchmarking
7.3.2. Strategy Mapping
7.3.3. Heat Map Analysis
7.4. Company Profiles/Listing
7.4.1. Monet Group
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. Tata Steel
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Gulf Manganese Corporation Limited
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. Vale
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. Eurasian Resources Group
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. Ferroglobe
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. China Minmetals Group Co., Ltd.
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. Eramet Group
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. South32
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives
7.4.10. OM Holdings Ltd.
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Strategic Initiatives
List of Tables
Table 1 List of Abbreviations
Table 2 Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 3 Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 4 Ferro Manganese Market Estimates And Forecasts, By Region, 2018 - 2030 (Kilotons) (USD Million)
Table 5 North America Ferro Manganese Market Estimates And Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 6 North America Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 7 North America Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 8 U.S. Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 9 U.S. Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 10 Europe Ferro Manganese Market Estimates And Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 11 Europe Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 12 Europe Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 13 Germany Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 14 Germany Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 15 UK Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 16 UK Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 17 France Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 18 France Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 19 Asia Pacific Ferro Manganese Market Estimates And Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 20 Asia Pacific Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 21 Asia Pacific Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 22 China Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 23 China Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 24 India Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 25 India Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 26 Japan Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 27 Japan Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 28 Latin America Ferro Manganese Market Estimates And Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 29 Latin America Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 30 Latin America Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 31 Brazil Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 32 Brazil Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Table 33 Middle East & Africa Ferro Manganese Market Estimates And Forecasts, By Grade, 2018 - 2030 (Kilotons) (USD Million)
Table 34 Middle East & Africa Ferro Manganese Market Estimates And Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
Table 35 Middle East & Africa Ferro Manganese Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (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- Grade, 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 Ferro Manganese Market, By Grade: Key Takeaways
Fig. 13 Ferro Manganese Market, By Grade: Market Share, 2024 & 2030
Fig. 14 High Carbon Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 15 Refined Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 16 Ferro Manganese Market, By Application: Key Takeaways
Fig. 17 Ferro Manganese Market, By Application: Market Share, 2024 & 2030
Fig. 18 Carbon & Low Alloy Steel Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 19 Stainless Steel Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 20 Alloy Steel Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 21 Cast Iron Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 22 Others Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 23 Ferro Manganese Market, By Region: Key Takeaways
Fig. 24 Ferro Manganese Market, By Region: Market Share, 2024 & 2030
Fig. 25 North America Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 26 US Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 Europe Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 Germany Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 UK Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 France Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 Asia Pacific Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 32 China Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 33 India Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 Japan Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 Latin America Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 Brazil Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Middle East and Africa Ferro Manganese Market, 2018 - 2030 (Kilotons) (USD Million)

Companies Mentioned

  • Monet Group
  • Tata Steel
  • Gulf Manganese Corporation Limited
  • Vale
  • Eurasian Resources Group
  • Ferroglobe
  • China Minmetals Group Co., Ltd.
  • Eramet Group
  • South32
  • OM Holdings Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedDecember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 16.27 billion
Forecasted Market Value ( USD ) by 2030 $ 22.48 billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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