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Silico manganese which is sometimes called ferrosilicon manganese, is ferroalloy composed of manganese, silicon and iron, produced by smelting manganese ore, manganese slag, and coke and quartz flux on high temperature. Mainly silicomanganese contains smaller proportion of minor elements, such as carbon, phosphorous and sulfur. Manganese and silicon are crucial components in steelmaking. As deoxidizers and desulfurizers they improve mechanical properties of steel.
According to our (Global Info Research) latest study, the global Silicon-Manganese Alloy market size was valued at USD 17500 million in 2022 and is forecast to a readjusted size of USD 22190 million by 2029 with a CAGR of 3.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Owing to abundant raw material resource and mature technology, there are many manufacturers all over the world. Global major suppliers in this industry are PJSC Nikopol, Erdos Group, Sheng Yan Group, Ningxia Jiyuan Metallurgical Group, Henan Xibao Metallurgy Metarials Group, Fengzhen Fengyu Company, Bisheng Mining, Jinneng Group, Guangxi Ferroalloy, Eurasian Resources Group, Ningxia Dadi Circular Development Corp, Zaporozhye, Glencore and Tata. Market concentration in this industry is not too high. Global top 5 manufacturers' total tion share is 11%. Also, manufacturers in China mainly distribute in Neimenggu and Ningxia Province.
This report is a detailed and comprehensive analysis for global Silicon-Manganese Alloy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Silicon-Manganese Alloy market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Silicon-Manganese Alloy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Silicon-Manganese Alloy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Silicon-Manganese Alloy market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Silicon-Manganese Alloy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Silicon-Manganese Alloy market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CITIC Dameng Mining Industries, Shanxi Hanzhong Steel, Jilin Ferroalloys, Fengzhen Fengyu and Xin Manganese. etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Silicon-Manganese Alloy market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Mn Content min. 65%
- Mn Content below 65%
Market segment by Application
- Steel Production
- Low-carbon Ferromanganese
Major players covered
- CITIC Dameng Mining Industries
- Shanxi Hanzhong Steel
- Jilin Ferroalloys
- Fengzhen Fengyu
- Xin Manganese
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Silicon-Manganese Alloy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Silicon-Manganese Alloy, with price, sales, revenue and global market share of Silicon-Manganese Alloy from 2018 to 2023.
Chapter 3, the Silicon-Manganese Alloy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Silicon-Manganese Alloy breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Silicon-Manganese Alloy market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Silicon-Manganese Alloy.
Chapter 14 and 15, to describe Silicon-Manganese Alloy sales channel, distributors, customers, research findings and conclusion.