Brazil Ferroalloys Market Size & Outlook, 2020-2028
Brazil ferroalloys market, 2016-2028 (US$M)
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Brazil ferroalloys market highlights
- The Brazil ferroalloys market generated a revenue of USD 1,096.9 million in 2020 and is expected to reach USD 1,703.7 million by 2028.
- The Brazil market is expected to grow at a CAGR of 5.7% from 2021 to 2028.
- In terms of segment, ferromanganese was the largest revenue generating product in 2020.
- Ferro Silicon is the most lucrative product segment registering the fastest growth during the forecast period.
Ferroalloys market data book summary
| Market revenue in 2020 | USD 1,096.9 million |
| Market revenue in 2028 | USD 1,703.7 million |
| Growth rate | 5.7% (CAGR from 2020 to 2028) |
| Largest segment | Ferromanganese |
| Fastest growing segment | Ferro Silicon |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Brazil accounted for 2.6% of the global ferroalloys market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil ferroalloys market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,703.7 million by 2028.
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Ferroalloys Market Scope
Ferroalloys Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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.
Ferromanganese was the largest segment with a revenue share of 40.29% in 2020. Horizon Databook has segmented the Brazil ferroalloys market based on ferrochrome, ferromanganese, ferro silico manganese, ferro silicon covering the revenue growth of each sub-segment from 2016 to 2028.
- Brazil Ferroalloys Product Outlook (Revenue, USD Million, 2016-2028)
- Ferrochrome
- Ferromanganese
- Ferro Silico Manganese
- Ferro Silicon
- Brazil 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 country-level data and insights on the Brazil ferroalloys market , including forecasts for subscribers. This country databook contains high-level insights into Brazil ferroalloys market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil ferroalloys market size, by product, 2016-2028 (US$M)
Brazil Ferroalloys Market Outlook Share, 2020 & 2028 (US$M)
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