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Global Ferrosilicon Market Is Expected To Reach $15.4 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, The future of the global ferrosilicon market looks promising with opportunities in the carbon & other alloy steel, stainless steel, electric steel, and cast iron markets. The global ferrosilicon market is expected to reach an estimated $15.4 billion by 2030 with a CAGR of 3% from 2024 to 2030. The major drivers for this market are growing usage of ferrosilicon in the steel industry as an inoculant in cast iron and as a deoxidizer, rising investments toward infrastructural developments, and increasing need in the automobile industry for high-strength, lightweight materials that perform better.
In this market, deoxidizer and inoculants are the major segments of ferrosilicon market by application.
Lucintel forecasts that deoxidizers is expected to witness laregst growth over the forecast period due to expanding use of steel in the automobile sector, which thrives continuously owing to its booming sales, as well as, rising silicon and steel production worldwide.
Browse in depth TOC of the Ferrosilicon Market
100 - Figures
150-Pages
Ferrosilicon Market is ...
... marked by presence of several big and small players. Elkem, Eurasian Resources, Ferro Alloys Corporation Limited, Finnfjord, Ferroglobe, IMFA, and OM Holdings are the major suppliers in the ferrosilicon market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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