North America Ferroalloys Market Size & Outlook, 2019-2028
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North America ferroalloys market highlights
- The North America ferroalloys market generated a revenue of USD 5,103.5 million in 2020.
- The market is expected to grow at a CAGR of 7.3% from 2021 to 2028.
- In terms of segment, ferrochrome was the largest revenue generating product in 2020.
- Ferro Silico Manganese is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 5,103.5 million |
| Market revenue in 2028 | USD 8,968.1 million |
| Growth rate | 7.3% (CAGR from 2020 to 2028) |
| Largest segment | Ferrochrome |
| Fastest growing segment | Ferro Silico Manganese |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ferrochrome, Ferromanganese, Ferro Silico Manganese, Ferro Silicon |
| Key market players worldwide | Glencore PLC, Tata Steel Ltd GDR - 144A, Jindal Stainless, Vedanta, ArcelorMittal SA Depository Receipt, China Minmetals Rare Earth, Steel Authority Of India Ltd DR |
Other key industry trends
- In terms of revenue, North America region accounted for 11.9% of the global ferroalloys market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,514.6 million by 2028.
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Ferroalloys Market Scope
Ferroalloys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Steel Authority Of India Ltd DR | View profile | 59186 | Lodi Road, Ispat Bhawan, New Delhi, India, 110003 | https://www.sail.co.in |
| China Minmetals Rare Earth | View profile | 501-1000 | Ganzhou, Jiangxi, China, Asia | http://www.cmreltd.com/ |
| Glencore PLC | View profile | 83426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | https://www.glencore.com |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.jindalstainless.com/ |
| Vedanta | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://www.vedantalimited.com/ |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
| Tata Steel Ltd GDR - 144A | View profile | 73496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | https://www.tatasteel.com |
North America ferroalloys 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 ferroalloys market will help companies and investors design strategic landscapes.
Ferrochrome was the largest segment with a revenue share of 40.38% in 2019. Horizon Databook has segmented the North America ferroalloys market based on ferrochrome, ferromanganese, ferro silico manganese, ferro silicon covering the revenue growth of each sub-segment from 2016 to 2028.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ferroalloys market , including forecasts for subscribers. This continent databook contains high-level insights into North America ferroalloys market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America ferroalloys market size, by country, 2016-2028 (US$M)
North America Ferroalloys Market Outlook Share, 2019 & 2028 (US$M)
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