Ferroalloys Industry To Grow Substantially At A CAGR Of 4.90% By 2028
Ferroalloys Industry Data Book Covers Ferro Manganese, Ferrochrome, Silico Manganese and Ferrosilicon Markets. The global ferroalloys industry size was estimated at USD 42.7 billion in 2020. The market is expected to expand at a CAGR of 4.9% CAGR (2021-2028). Ferro Manganese Market Report Highlights The global ferro manganese market size was valued at USD 270.18 billion in 2021, and it is expected to reach USD 19.4 billion by 2027. It is expected to expand at a CAGR of 3.1% CAGR (2022-2030). By grade, refined ferro manganese is expected to expand at the fastest revenue-based CAGR of 4.3% from 2020 to 2027 as global steel production moves toward electric arc furnace systems High carbon ferro manganese emerged as the dominant grade category with a volume share of 70.2% in 2019. The use of the product in economical steel processing has observed greater penetration over the last few years The cast iron application segment is estimated to expand at the fastest CAGR of 4.8%...