Asia Pacific Ferroalloys Market Size & Outlook, 2020-2028
Asia Pacific ferroalloys market, 2016-2028 (US$M)
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Asia Pacific ferroalloys market highlights
- The Asia Pacific ferroalloys market generated a revenue of USD 26,162.4 million in 2020.
- The market is expected to grow at a CAGR of 7.5% 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, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 26,162.4 million |
| Market revenue in 2028 | USD 46,514.6 million |
| Growth rate | 7.5% (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, Asia Pacific region accounted for 61.2% 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 |
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Asia Pacific 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 39.66% in 2020. Horizon Databook has segmented the Asia Pacific ferroalloys market based on ferrochrome, ferromanganese, ferro silico manganese, ferro silicon covering the revenue growth of each sub-segment from 2016 to 2028.
- Asia Pacific Ferroalloys Product Outlook (Revenue, USD Million, 2016-2028)
- Ferrochrome
- Ferromanganese
- Ferro Silico Manganese
- Ferro Silicon
- Asia Pacific Ferroalloys Application Outlook (Revenue, USD Million, 2016-2028)
- Carbon & Low Alloy steel
- Stainless Steel
- Alloy Steel
- Cast Iron
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ferroalloys market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ferroalloys market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific ferroalloys market size, by country, 2016-2028 (US$M)
Asia Pacific Ferroalloys Market Outlook Share, 2020 & 2028 (US$M)
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