Global Milled FerroSilicon Sales Market by Type (65D, 150D, 270D, Other), By Application (Metal Recycling, Mining, Welding Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Milled FerroSilicon Market size is projected to grow at a CAGR of 3.1% during the forecast period, due to growth in demand from major application areas such as metal recycling and mining. Increasing the use of ferrosilicon for welding applications will also fuel growth in this market. North America is the largest regional market for ferrosilicon with a share of more than 40%. The increasing adoption of renewable energy sources in Europe and the Asia Pacific region will provide opportunities for this market in these regions over the next few years.
A Milled FerroSilicon is a form of silicon that has been ground into small particles and whose surface has been roughened by prolonged exposure to the air. It can be used as an ingredient in steel production or to increase power output for electric arc furnaces. Milled ferrosilicon powder is also added during aluminum recycling as it helps separate out impurities from recycled metal, making it easier for manufacturers to extract pure alumina (aluminum oxide) from scrap material.
On the basis of Types, the market is segmented into 65D, 150D, 270D, and others.
65D Milled FerroSilicon:
65D Milled FerroSilicon is ferrosilicon with 65% silicon content. The name comes from the atomic weight of silicon (32) and the percentage of elemental silicon in the material, which is 65%. It can be used for all applications where 65D grades are appropriate but it cannot replace higher grades such as 150 or 270 because its melting point is lower than those materials' melting points.
150D Milled FerroSilicon:
The 150D Milled FerroSilicon is an alloy of iron, manganese, and silicon. This product can be used to make welding electrodes or for shielding gas in metalworking applications.
270D Milled FerroSilicon:
270D Milled FerroSilicon is a very special type of ferrosilicon that has the ability to be mixed with other materials such as aluminum and silicon without any reaction. This mixture can then be used for making alloys like AlSi, AlFe, or FeCr. These are commonly used in automobiles and the aerospace industry.
On the basis of Application, the market is segmented into Metal Recycling, Mining, and Welding Industries.
Metal Recycling:
Ferrosilicon is a major component of the metal recycling process owing to its excellent welding properties. The use of ferrosilicons in the recycling process has increased due to their lower cost than traditional steel scrap; they are also easier to handle compared with other types of metal scraps.
Mining:
Milled FerroSilicon is used in a variety of industries, including metal recycling, mining, and the welding industry. It provides strength and thermal stability to molten metals. Milled ferrosilicons are also widely used as flux agents for ferrous alloys such as steel or cast iron during melting because they dissolve oxides that form on these types of materials when melted.
Welding Industry:
Milled FerroSilicon is the most significant component of welding rods. The low-melting temperature helps welds adhere better and prevents them from becoming brittle as it cools, even at lower temperatures where other types may not be workable because they do not have good flow properties.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to have the largest share in the global market, by type. Increasing demand for metal recycling products and the welding industry worldwide are driving this growth trend. A major factor influencing product demand in North America is stricter environmental regulations that could increasingly drive costlier production methods such as milling process instead of smelting or silicon refining processes which can lead to increased use of Milled FerroSilicons.
Growth Factors For Global Milled Ferro- Silicon Market:
The growth factors for MFS are high demand from various industries like Metal Recycling, Mining, and Welding industries due to its composition that contains iron oxide (FeO). Furthermore, the rising trend towards a green environment also drives consumers to prefer this product over other silicon materials because it releases fewer oxides into air and water, which are harmful to the environment.
Up Market Research published a new report titled “Milled FerroSilicon Sales Market research report which is segmented by Types (65D, 150D, 270D, Other), By Applications (Metal Recycling, Mining, Welding Industry), By Players/Companies DMS Powders, Westbrook Resources Ltd, Futong Industry, Exxaro, M & M Alloys, Imexsar, Anyang Xinchuang Metallurgy Material, Sinoferro”.
Report Scope
Report Attributes | Report Details |
Report Title | Milled FerroSilicon Sales Market Research Report |
By Type | 65D, 150D, 270D, Other |
By Application | Metal Recycling, Mining, Welding Industry |
By Companies | DMS Powders, Westbrook Resources Ltd, Futong Industry, Exxaro, M & M Alloys, Imexsar, Anyang Xinchuang Metallurgy Material, Sinoferro |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 236 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Milled FerroSilicon Sales Market Report Segments:
The market is segmented by Type 65D, 150D, 270D, Other and By Application Metal Recycling, Mining, Welding Industry.
Some of the companies that are profiled in this report are:
- DMS Powders
- Westbrook Resources Ltd
- Futong Industry
- Exxaro
- M & M Alloys
- Imexsar
- Anyang Xinchuang Metallurgy Material
- Sinoferro
Milled FerroSilicon Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Milled FerroSilicon Sales Market
Overview of the regional outlook of the Milled FerroSilicon Sales Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Milled FerroSilicon Sales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Milled FerroSilicon Sales Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. 65D
2. 150D
3. 270D
4. Other
7. By Application:1. Metal Recycling
2. Mining
3. Welding Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Milled FerroSilicon Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Milled FerroSilicon Sales Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Milled FerroSilicon Sales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Milled FerroSilicon Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Milled FerroSilicon Sales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Milled FerroSilicon Sales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Milled FerroSilicon Sales Market Size & Forecast, 2018-2028
4.5.1 Milled FerroSilicon Sales Market Size and Y-o-Y Growth
4.5.2 Milled FerroSilicon Sales Market Absolute $ Opportunity
Chapter 5 Global Milled FerroSilicon Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Milled FerroSilicon Sales Market Size Forecast by Type
5.2.1 65D
5.2.2 150D
5.2.3 270D
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Milled FerroSilicon Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Milled FerroSilicon Sales Market Size Forecast by Applications
6.2.1 Metal Recycling
6.2.2 Mining
6.2.3 Welding Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Milled FerroSilicon Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Milled FerroSilicon Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Milled FerroSilicon Sales Analysis and Forecast
9.1 Introduction
9.2 North America Milled FerroSilicon Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Milled FerroSilicon Sales Market Size Forecast by Type
9.6.1 65D
9.6.2 150D
9.6.3 270D
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Milled FerroSilicon Sales Market Size Forecast by Applications
9.10.1 Metal Recycling
9.10.2 Mining
9.10.3 Welding Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Milled FerroSilicon Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Milled FerroSilicon Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Milled FerroSilicon Sales Market Size Forecast by Type
10.6.1 65D
10.6.2 150D
10.6.3 270D
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Milled FerroSilicon Sales Market Size Forecast by Applications
10.10.1 Metal Recycling
10.10.2 Mining
10.10.3 Welding Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Milled FerroSilicon Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Milled FerroSilicon Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Milled FerroSilicon Sales Market Size Forecast by Type
11.6.1 65D
11.6.2 150D
11.6.3 270D
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Milled FerroSilicon Sales Market Size Forecast by Applications
11.10.1 Metal Recycling
11.10.2 Mining
11.10.3 Welding Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Milled FerroSilicon Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Milled FerroSilicon Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Milled FerroSilicon Sales Market Size Forecast by Type
12.6.1 65D
12.6.2 150D
12.6.3 270D
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Milled FerroSilicon Sales Market Size Forecast by Applications
12.10.1 Metal Recycling
12.10.2 Mining
12.10.3 Welding Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Milled FerroSilicon Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Milled FerroSilicon Sales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Milled FerroSilicon Sales Market Size Forecast by Type
13.6.1 65D
13.6.2 150D
13.6.3 270D
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Milled FerroSilicon Sales Market Size Forecast by Applications
13.10.1 Metal Recycling
13.10.2 Mining
13.10.3 Welding Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Milled FerroSilicon Sales Market: Competitive Dashboard
14.2 Global Milled FerroSilicon Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DMS Powders
14.3.2 Westbrook Resources Ltd
14.3.3 Futong Industry
14.3.4 Exxaro
14.3.5 M & M Alloys
14.3.6 Imexsar
14.3.7 Anyang Xinchuang Metallurgy Material
14.3.8 Sinoferro