Silico manganese which is sometimes called ferrosilicon manganese, is ferroalloy composed of manganese, silicon and iron, produced by smelting manganese ore, manganese slag, and coke and quartz flux on high temperature. Mainly silicomanganese contains smaller proportion of minor elements, such as carbon, phosphorous and sulfur. Manganese and silicon are crucial components in steelmaking. As deoxidizers and desulfurizers they improve mechanical properties of steel.
This report contains market size and forecasts of Silicomanganese Alloy in global, including the following market information:
Global Silicomanganese Alloy Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Silicomanganese Alloy Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Silicomanganese Alloy companies in 2021 (%)
The global Silicomanganese Alloy market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Manganese Content 60-65% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Silicomanganese Alloy include PJSC Nikopol, Erdos Group, Sheng Yan Group, Ningxia Jiyuan Metallurgical Group, Henan Xibao Metallurgy Metarials Group, Fengzhen Fengyu Company, Bisheng Mining, Jinneng Group and Guangxi Ferroalloy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silicomanganese Alloy manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silicomanganese Alloy Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy Market Segment Percentages, by Type, 2021 (%)
Manganese Content 60-65%
Manganese Content 65-72%
Global Silicomanganese Alloy Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy Market Segment Percentages, by Application, 2021 (%)
Deoxidizers
Desulfurizers
Global Silicomanganese Alloy Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Silicomanganese Alloy Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Silicomanganese Alloy revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Silicomanganese Alloy revenues share in global market, 2021 (%)
Key companies Silicomanganese Alloy sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Silicomanganese Alloy sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
PJSC Nikopol
Erdos Group
Sheng Yan Group
Ningxia Jiyuan Metallurgical Group
Henan Xibao Metallurgy Metarials Group
Fengzhen Fengyu Company
Bisheng Mining
Jinneng Group
Guangxi Ferroalloy
Eurasian Resources Group
Ningxia Dadi Circular Development Corp
Zaporozhye
Glencore