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Ferro Silicon Market Share

Report ID: GMI7787
Published Date: Jan 2024
Report Format: PDF

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Ferro Silicon Market Share

Ferro Silicon company Market Share (%), (2023)

Elkem is the global producers of ferrosilicon, holding a significant market share. The company estimates its global market share for standard and high-purity ferrosilicon to be around 20%. Elkem operates several production facilities for ferrosilicon across the globe, including Europe, China, and others. Elkem is actively involved in research and development, investing in new technologies and products to meet the evolving needs of its customers.

Ferroglobe is major producers of ferrosilicon, holding a significant market share. The company estimates its global market share for standard and high-purity ferrosilicon to be around 15%. Ferroglobe has a geographically diverse network of production facilities, strategically located to serve different markets includes Europe, North America, South America, and APAC.

Ferro Silicon Market Companies

Major players operating in the ferro silicon industry include:

Elkem ASA
Ferroglobe PLC
Sinosteel Jilin Ferroalloy Corporation Limited
Tata Steel Limited
OFZ, a.s.
Erdos Xijin Kuangye Co., Ltd.
Khumani Ferroalloyss Private Limited
Jinzhou Ferro Alloy Co., Ltd.
Fengzhen Fengyu Company Limited
Anyang Wanhua Metal Material Co., Ltd.
Ferroatlantica Group
Jiangsu Delong Nickel Industry Co., Ltd.
Sheng Yan Group
OM Holdings Ltd.
Ferro Alloys Corporation Limited

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Ferro silicon industry was valued at around USD 12.8 Billion in 2023 and is estimated to reach USD 15.97 Billion by the end of 2032, owing to its vital role in the steel and iron industries.

Atomized ferro silicon segment held a market value of USD 9.89 Billion in 2023 and is set for further expansion through 2032, due to its improved fluidity and a consistent particle size distribution.

Asia Pacific atomized ferrosilicon market generated a revenue of USD 5.52 Billion in 2023 and is expected showcase robust growth trends, driven by the strong expansion of the steel and construction sectors.

Elkem ASA, Ferroglobe PLC, Sinosteel Jilin Ferroalloy Corporation Limited, Tata Steel Limited are some of the major industry contenders.