Gulf Cooperation Council Ferroalloys Market Size & Outlook
The ferroalloys market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 708.9 million by 2028. A compound annual growth rate of 7% is expected of Gulf Cooperation Council ferroalloys market from 2021 to 2028.
Revenue, 2020 (US$M)
$411.8
Forecast, 2028 (US$M)
$708.9
CAGR, 2021 - 2028
7%
Report Coverage
Gulf Cooperation Council
Gulf Cooperation Council ferroalloys market, 2016-2028 (US$M)
Related Markets
Gulf Cooperation Council ferroalloys market highlights
- The Gulf Cooperation Council ferroalloys market generated a revenue of USD 411.8 million in 2020 and is expected to reach USD 708.9 million by 2028.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 7% 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.
Ferroalloys market data book summary
| Market revenue in 2020 | USD 411.8 million |
| Market revenue in 2028 | USD 708.9 million |
| Growth rate | 7% (CAGR from 2020 to 2028) |
| Largest segment | Ferrochrome |
| Fastest growing segment | Ferro Silico Manganese |
| 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, Gulf Cooperation Council accounted for 1.0% of the global ferroalloys market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, Gulf Cooperation Council ferroalloys market is projected to lead the regional market in terms of revenue in 2028.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 708.9 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Ferroalloys Market Scope
Ferroalloys market segmentation & scope
Ferroalloys Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Gulf Cooperation Council 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 35.89% in 2020. Horizon Databook has segmented the Gulf Cooperation Council ferroalloys market based on ferrochrome, ferromanganese, ferro silico manganese, ferro silicon covering the revenue growth of each sub-segment from 2016 to 2028.
- Gulf Cooperation Council Ferroalloys Product Outlook (Revenue, USD Million, 2016-2028)
- Ferrochrome
- Ferromanganese
- Ferro Silico Manganese
- Ferro Silicon
- Gulf Cooperation Council Ferroalloys Application Outlook (Revenue, USD Million, 2016-2028)
- Carbon & Low Alloy steel
- Stainless Steel
- Alloy Steel
- Cast Iron
- Others
Reasons to subscribe to Gulf Cooperation Council ferroalloys market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Gulf Cooperation Council ferroalloys market databook
-
Our clientele includes a mix of ferroalloys market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Gulf Cooperation Council ferroalloys market , including forecasts for subscribers. This country databook contains high-level insights into Gulf Cooperation Council ferroalloys market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Gulf Cooperation Council ferroalloys market size, by product, 2016-2028 (US$M)
Gulf Cooperation Council Ferroalloys Market Outlook Share, 2020 & 2028 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
