Ferro Chrome is an alloy of chromium and iron containing between 50% and 70% chromium. The Producer of stainless steel & tool steel are the largest consumer of ferrochrome and charge chrome. It is chromium that confers upon stainless steel its remarkable corrosion resistance.
This report contains market size and forecasts of Ferro Chrome in global, including the following market information:
Global Ferro Chrome Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Ferro Chrome Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Ferro Chrome companies in 2021 (%)
The global Ferro Chrome market was valued at 14610 million in 2021 and is projected to reach US$ 18640 million by 2028, at a CAGR of 3.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
High Carboon Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ferro Chrome include Glencore-Merafe, Eurasian Resources Group, Samancor Chrome, FACOR, Mintal Group, Tata Steel, IMFA, Tianyuan Manganess and Sichuan Mingda Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ferro Chrome manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ferro Chrome Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ferro Chrome Market Segment Percentages, by Type, 2021 (%)
High Carboon Type
Low Carbon Type
Others
Global Ferro Chrome Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ferro Chrome Market Segment Percentages, by Application, 2021 (%)
Stainless Steel
Engineering & Alloy Steel
Others
Global Ferro Chrome Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Ferro Chrome Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ferro Chrome revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Ferro Chrome revenues share in global market, 2021 (%)
Key companies Ferro Chrome sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Ferro Chrome sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Glencore-Merafe
Eurasian Resources Group
Samancor Chrome
FACOR
Mintal Group
Tata Steel
IMFA
Tianyuan Manganess
Sichuan Mingda Group
Ehui Group
Outokumpu