DUBLIN--(BUSINESS WIRE)--The "Global Ferrochrome Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The ferrochrome market will register a CAGR of almost 7% by 2023.
Increase in ferrochrome slag processing plants to drive growth in the ferrochrome market
The slag processing plants help in the easy recovery of ferrochrome metal. the ferrochrome slag can be used as aggregate in construction industry. The growing environmental concerns about the proper ferrochrome waste slag is expected to foster market growth.
Growth in stainless steel industry
Chromium is one of the vital elements used in the steel production. It provides strength, toughness, and temperature stability to steel. Ferrochrome is the major source of chromium in the stainless-steel industry. The growing use of ferrochrome as a source of chromium in stainless steel production is expected to drive market growth.
Impact of chromite mining
Chromite mining is the main raw material used in ferrochrome production. The mining of chromite pollutes water as well as air and degrades the local landscape. Thus, environmental concerns and sustainability are likely to limit chromite mining, thereby, hindering the growth of the ferrochrome market.
Key Players
- Eurasian Resources Group
- Glencore
- Hernic
- Outokumpu
- Samancor Chrome
- Yildirim Group of Companies
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by Product
- Comparison by product
- Charge chrome and high carbon - Market size and forecast 2018-2023
- Low carbon - Market size and forecast 2018-2023
- Medium carbon - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Stainless steel - Market size and forecast 2018-2023
- Carbon and other alloy steels - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Consolidation of the global ferrochrome market
- Capacity addition with new ferrochrome plants
- Increase in ferrochrome slag processing plants
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Eurasian Resources Group
- Glencore
- Hernic
- Outokumpu
- Samancor Chrome
- Yildirim Group of Companies
For more information about this report visit https://www.researchandmarkets.com/research/z9kc9s/global?w=4
