North America Ferrosilicon Market To Hit USD 2,922.34 Million By 2030, With CAGR Of 2.50%
North America Ferrosilicon Market Size Was Valued at USD 2398.5 Million in 2022, and is Projected to Reach USD 2,922.34 Million by 2030, Growing at a CAGR of 2.50% From 2023-2030.
Ferrosilicon is made by reducing silica or sand with coke in the presence of iron. Typical sources of iron are scrap metal or rolled steel. Ferrosilicon with up to about 15% silicon is produced in blast furnaces lined with acid-refractory bricks.
There are generally two types of ferrosilicon such as sputtered ferrosilicon and powdered ferrosilicon. Ferrosilicon is used in many industries such as carbon and other alloy steel, stainless steel, electronic steel, cast iron, and magnesium. An increase in demand for steel and metal alloys and growth in the automotive and construction industries are driving the Ferrosilicon market.
North America Ferrosilicon Market Top Key Players:
Globe Metallurgical Inc. (USA),Elkem Metals USA, Inc. (USA),Sims Metal USA, LLC (USA),Alliance International Group, LLC (USA),Ferroglobe PLC (USA),Superior Graphite Co. (USA),American Manganese Inc. (USA),Electrode Alloys Inc. (USA),Ferro-Alloy Technologies, Inc. (USA),TimkenSteel Corp. (USA),Silgrain Corporation (USA),Crovell, Inc. (USA),Pyrotek LLC (USA),Metals International Inc. (USA),Metal Enterprises Inc. (USA),Glencore Canada Corporation (Canada),Rio Tinto Fer & Titane Inc. (Canada),Electrodes Canada Inc. (Canada),Quebec Metallurgical Inc (Canada),Sheridan Specialty Minerals Inc. (Canada),Grupo Industrial Minera Mexico (Mexico),Grupo Acerero del Norte, S.A. de C.V. (AHMSA) (Mexico),Ternium México, S.A. de C.V. (Mexico),Industrias CH, S.A. de C.V. (Mexico),Imer Metal, S.A. de C.V (Mexico).
Request full report sample here: https://introspectivemarke...
The report will comprehensively detail the North America Ferrosilicon market size and forecast (2023-2030), presenting key metrics for strategic insights. We will analyse market revenue, quantifying total income from ferro silicon sales, and provide volume insights into product circulation. The report will delineate market share, highlighting competitive landscapes. Year-on-Year growth analysis will track annual percentage changes, offering trend insights. Additionally, the Compound Annual Growth Rate (CAGR) will be presented, providing a smoothed growth rate for a more consistent assessment of the market's expansion over the forecast period.
North America Ferrosilicon Market Size Was Valued at USD 2398.5 Million in 2022, and is Projected to Reach USD 2,922.34 Million by 2030, Growing at a CAGR of 2.50% From 2023-2030.
Ferrosilicon is made by reducing silica or sand with coke in the presence of iron. Typical sources of iron are scrap metal or rolled steel. Ferrosilicon with up to about 15% silicon is produced in blast furnaces lined with acid-refractory bricks.
There are generally two types of ferrosilicon such as sputtered ferrosilicon and powdered ferrosilicon. Ferrosilicon is used in many industries such as carbon and other alloy steel, stainless steel, electronic steel, cast iron, and magnesium. An increase in demand for steel and metal alloys and growth in the automotive and construction industries are driving the Ferrosilicon market.
North America Ferrosilicon Market Top Key Players:
Globe Metallurgical Inc. (USA),Elkem Metals USA, Inc. (USA),Sims Metal USA, LLC (USA),Alliance International Group, LLC (USA),Ferroglobe PLC (USA),Superior Graphite Co. (USA),American Manganese Inc. (USA),Electrode Alloys Inc. (USA),Ferro-Alloy Technologies, Inc. (USA),TimkenSteel Corp. (USA),Silgrain Corporation (USA),Crovell, Inc. (USA),Pyrotek LLC (USA),Metals International Inc. (USA),Metal Enterprises Inc. (USA),Glencore Canada Corporation (Canada),Rio Tinto Fer & Titane Inc. (Canada),Electrodes Canada Inc. (Canada),Quebec Metallurgical Inc (Canada),Sheridan Specialty Minerals Inc. (Canada),Grupo Industrial Minera Mexico (Mexico),Grupo Acerero del Norte, S.A. de C.V. (AHMSA) (Mexico),Ternium México, S.A. de C.V. (Mexico),Industrias CH, S.A. de C.V. (Mexico),Imer Metal, S.A. de C.V (Mexico).
Request full report sample here: https://introspectivemarke...
The report will comprehensively detail the North America Ferrosilicon market size and forecast (2023-2030), presenting key metrics for strategic insights. We will analyse market revenue, quantifying total income from ferro silicon sales, and provide volume insights into product circulation. The report will delineate market share, highlighting competitive landscapes. Year-on-Year growth analysis will track annual percentage changes, offering trend insights. Additionally, the Compound Annual Growth Rate (CAGR) will be presented, providing a smoothed growth rate for a more consistent assessment of the market's expansion over the forecast period.
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