Global Ferro Manganese Market Size & Outlook, 2024-2030

The ferro manganese industry worldwide is expected to reach a projected revenue of US$ 22,479.1 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide ferro manganese industry from 2025 to 2030.
Revenue, 2024 (US$M)
$16,273.5
Forecast, 2030 (US$M)
$22,479.1
CAGR, 2025 - 2030
5.4%
Report Coverage
Worldwide

Global ferro manganese market, 2018-2030 (US$M)

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Global ferro manganese market highlights

  • The global ferro manganese market generated a revenue of USD 16,273.5 million in 2024 and is expected to reach USD 22,479.1 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.4% by 2030.
  • In terms of segment, high carbon accounted for a revenue of USD 10,285.4 million in 2024.
  • Refined is the most lucrative grade segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 16,273.5 million
Market revenue in 2030USD 22,479.1 million
Growth rate5.4% (CAGR from 2025 to 2030)
Largest segmentHigh carbon
Fastest growing segmentRefined
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHigh Carbon, Refined

Other key industry trends

  • In terms of revenue, the North America accounted for 11.2% of the global ferro manganese market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Brazil is the fastest growing regional market and is projected to reach USD 2,191.3 million by 2030.

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Ferro Manganese Market Companies

Name Profile # Employees HQ Website

Global ferro manganese market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ferro manganese market will help companies and investors design strategic landscapes.


High carbon was the largest segment with a revenue share of 63.2% in 2024. Horizon Databook has segmented the Global ferro manganese market based on high carbon, refined covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Ferro Manganese Grade Outlook (Revenue, USD Million, 2018-2030)
    • High Carbon
    • Refined
  • Global Ferro Manganese Application Outlook (Revenue, USD Million, 2018-2030)
    • Carbon & Low Alloy steel
    • Stainless Steel
    • Alloy Steel
    • Cast Iron
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global ferro manganese market , including forecasts for subscribers. This global databook contains high-level insights into Global ferro manganese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global ferro manganese market size, by regions, 2018-2030 (US$M)

Top 10 countries: Ferro manganese market size, 2024 (US$M)

Global ferro manganese market share, by grade, 2024 & 2030 (%, US$M)

Ferro manganese market: Opportunity assessment by country

Global ferro manganese market, by region, 2024 (US$M)

Global ferro manganese market size, by regions, 2018-2030 (US$M)

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