세계의 페로크롬 시장 보고서(2025년)
Ferrochrome Global Market Report 2025
상품코드 : 1790872
리서치사 : The Business Research Company
발행일 : On Demand Report
페이지 정보 : 영문 250 Pages
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한글목차

페로크롬 시장 규모는 향후 수년간 강력한 성장이 예상됩니다. 2029년 연평균 성장률(CAGR) 6.5%에 이를 것으로 예측되며, 111억 7,000만 달러로 성장할 전망입니다. 예측 기간 동안의 성장은 인프라 투자 재개, 에너지 인프라의 진화, 전기자동차의 인기 상승, 스테인리스 강철 생산 분야의 전략적 이니셔티브 등에 기인할 것으로 분석됩니다. 예측 기간 동안 주요 동향에는 페로크롬 재활용에 대한 집중, 페로크롬의 재생 에너지 기술 통합, 공급망 탄력성 및 다각화, 페로크롬 생산 시설에 대한 전략적 투자, 규제 변화에 대한 시장의 반응 등이 포함됩니다.

향후 5년간 6.5% 성장 전망은 이전 추정치 대비 0.3% 감소한 수치입니다. 이 감소는 주로 미국과 다른 국가 간의 관세 영향 때문입니다. 이는 남아프리카공화국과 카자흐스탄산 페로크롬에 대한 관세로 인해 가전제품, 항공우주, 의료 장비의 원자재 비용이 증가하면서 미국에 직접적인 영향을 미칠 것입니다. 또한 상호 관세와 무역 긴장 및 제한으로 인한 전 세계 경제와 무역에 대한 부정적 영향으로 인해 이 영향은 더 광범위하게 확산될 것입니다.

페로크롬 시장 성장은 확대되고 있는 스테인리스 강철 산업에 의해 촉진될 것으로 예상됩니다. 이 분야는 강철, 철, 크롬, 기타 금속으로 구성된 환경 친화적이고 비반응성 합금인 스테인리스 강철의 생산 및 가공을 포함합니다. 페로크롬은 우수한 부식 및 산화 저항성, 강도, 경도, 연성 등 기계적 특성으로 인해 스테인리스 강철 생산에 널리 사용됩니다. 예를 들어, 2024년 1월 지질조사국은 세계철강협회가 2023년 전 세계 완제품 철강 소비량이 1.8% 증가할 것으로 전망했으며, 2024년에는 1.9% 증가할 것으로 예상했습니다. 따라서 성장하는 스테인리스강 산업은 페로크롬 수요를 촉진하고 있습니다.

목차

제1장 주요 요약

제2장 시장 특징

제3장 시장 동향과 전략

제4장 시장 : 금리, 인플레이션, 지정학, 무역전쟁과 관세, 그리고 코로나 및 회복이 시장에 미치는 영향을 포함한 거시경제 시나리오

제5장 세계의 성장 분석과 전략 분석 프레임워크

제6장 시장 세분화

제7장 지역별, 국가별 분석

제8장 아시아태평양 시장

제9장 중국 시장

제10장 인도 시장

제11장 일본 시장

제12장 호주 시장

제13장 인도네시아 시장

제14장 한국 시장

제15장 서유럽 시장

제16장 영국 시장

제17장 독일 시장

제18장 프랑스 시장

제19장 이탈리아 시장

제20장 스페인 시장

제21장 동유럽 시장

제22장 러시아 시장

제23장 북미 시장

제24장 미국 시장

제25장 캐나다 시장

제26장 남미 시장

제27장 브라질 시장

제28장 중동 시장

제29장 아프리카 시장

제30장 경쟁 구도와 기업 프로파일

제31장 기타 주요 기업 및 혁신 기업

제32장 세계 시장 경쟁 벤치마킹과 대시보드

제33장 주요 인수합병(M&A)

제34장 최근 시장 동향

제35장 시장의 잠재력이 높은 국가, 부문, 전략

제36장 부록

HBR
영문 목차

영문목차

Ferrochrome, an alloy of chromium and iron containing between fifty percent and seventy percent chromium, is utilized in the production of highly durable steel. This alloy is formed by melting chromite, an iron magnesium chromium oxide, through the use of an electric arc-an essential process for extracting chromium, a crucial mineral.

The primary types of ferrochrome include high carbon, low carbon, and others. High-carbon ferrochrome is characterized by a composition comprising 4% to 9% carbon, 60% to 70% chromium, and 1% to 3% silicon. It finds application in the manufacturing of stainless steel and high-chromium steels. Various production methods, such as the blast furnace method, electric furnace method, and plasma furnace method, are employed in the production of ferrochrome, and it is utilized in industries such as stainless steel, cast iron, powder metallurgy, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a significant impact on the metals and minerals sector, disrupting supply chains for automakers, appliance manufacturers, and infrastructure projects. With reduced competition from imports, domestic mills have increased prices, yet capacity limitations hinder their ability to fully meet demand. At the same time, mining companies are facing challenges from retaliatory tariffs on key mineral exports, especially lithium and rare earth elements. In response, industry participants are ramping up investments in scrap metal recycling, seeking tariff exemptions, and forming joint ventures with international producers to ensure a more reliable supply chain.

The ferrochrome market research report is one of a series of new reports from The Business Research Company that provides ferrochrome market statistics, including ferrochrome industry global market size, regional shares, competitors with a ferrochrome market share, detailed ferrochrome market segments, market trends and opportunities, and any further data you may need to thrive in the ferrochrome industry. This ferrochrome market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ferrochrome market size has grown strongly in recent years. It will grow from $8.18 billion in 2024 to $8.68 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growth in stainless steel production, rise in infrastructure and construction activities, expanding automotive industry, global economic growth, urbanization trends.

The ferrochrome market size is expected to see strong growth in the next few years. It will grow to $11.17 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to renewed infrastructure investments, evolution of energy infrastructure, rising popularity of electric vehicles, strategic initiatives in stainless steel production. Major trends in the forecast period include focus on ferrochrome recycling, integration of ferrochrome in renewable energy technologies, supply chain resilience and diversification, strategic investments in ferrochrome production facilities, market response to regulatory changes.

The forecast of 6.5% growth over the next five years reflects a modest reduction of 0.3% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through increased stainless steel manufacturing expenses, as tariffs on South African and Kazakhstani ferrochrome raise input costs for appliances, aerospace, and medical equipment. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The growth of the ferrochrome market is expected to be boosted by the expanding stainless-steel industry. This sector involves the production and processing of stainless steel, which is an environmentally neutral and inert alloy made from steel, iron, chromium, and other metals. Ferrochrome, a chromium-iron alloy, is widely used in stainless steel production due to its excellent corrosion and oxidation resistance, as well as its strength, hardness, ductility, and other mechanical properties. For example, in January 2024, the Geological Survey reported that the World Steel Association projects a 1.8% increase in global finished steel consumption for 2023, followed by a 1.9% rise in 2024. Thus, the growing stainless-steel industry is driving demand for ferrochrome.

The growth of the ferrochrome market is expected to be fueled by rising automotive production. This sector encompasses the manufacturing of vehicles, including cars, trucks, motorcycles, and other motor vehicles. Ferrochrome plays a crucial role as an alloying element in stainless steel, enhancing the corrosion resistance and durability of components, which ensures the longevity and performance of essential automotive parts in various environmental conditions. For instance, in 2023, the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international association for global automotive production, reported a surge to 84.83 million units produced in 2022, up from 80 million in 2021, demonstrating the industry's resilience. This growth is indicative of increasing consumer demand and a recovery from previous disruptions. Therefore, the rise in automotive production is driving the ferrochrome market's growth.

Strategic partnerships emerge as a prominent trend gaining traction in the ferrochrome market, with major companies actively pursuing alliances to fortify their market positions. An illustrative example of this trend is evident in the actions of SAL STEEL LTD., an India-based manufacturer specializing in ferrochrome, ferroalloys, and steel. In September 2022, the company entered into a three-year procurement deal valued at $15.1 million with AIA Engineering (AIA) for the unrestricted supply of ferrochrome. The proceeds from this arrangement are intended for repaying SAL STEEL LTD.'s loan and addressing working capital obligations. AIA Engineering, also based in India, focuses on designing, manufacturing, and installing high-chromium, abrasion, and corrosion-resistant parts.

Major players in the ferrochrome market are directing their efforts toward technological innovation, exemplified by the implementation of a cloud-based online portal for enhanced customer convenience. A cloud-based online portal is a web-based platform hosted on remote servers that centralizes access to information, services, and applications. Tata Steel Ltd., an India-based company in the steel industry, took a significant step in this direction in May 2022 by launching an e-sales portal specifically designed for the online sale of ferrochrome, ferro alloys, and other minerals. This platform enables customers to submit inquiries, finalize orders, and track real-time order status, contributing to the alleviation of supply chain challenges within the ferrochrome market.

In March 2023, Ironveld PLC, a UK-based mining company, acquired Ferrochrome Furnace Ltd for an undisclosed amount. This acquisition aligns with Ironveld's strategy to reduce dependency on a single income source and diversify its holdings. Beyond improving overall financial performance, this acquisition is expected to mitigate risks associated with market fluctuations. Ferrochrome Furnace Ltd., the acquired entity, is based in South Africa and operates in the ferrochrome sector.

Major companies operating in the ferrochrome market include Glencore PLC., Nippon Steel Corporation, United States Steel Corporation., Outokumpu, Mitsubishi Corporation, Jindal Steel & Power Ltd., Tata Steel Mining Limited., Sinosteel Corporation, Eurasian Resources Group S.a r.l., TNC KAZCHROME JSC, China Baowu Steel Group Corp Ltd., Tharisa PLC., Balasore Alloys Limited, Assmang Limited, Singhania International Limited, Samancor Chrome Ltd., Indian Metals & Ferro Alloys Ltd. (IMFA), Visa Steel Ltd., Fushan Ferroalloy Group, Mintal Group, Westbrook Resources Ltd., Minmat Ferro Alloys Private Limited, Afarak Group, Kermas Group, International Ferro Metals, Mtc Business Private Limited

Asia-Pacific was the largest region in the ferrochrome market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the ferrochrome market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ferrochrome market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ferrochrome market consists of sales of charge chrome, high carbon ferro Chrome, and ferrochrome-silico-chrome (FeSiCr). Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Ferrochrome Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on ferrochrome market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Where is the largest and fastest growing market for ferrochrome ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The ferrochrome market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

Scope

Table of Contents

1. Executive Summary

2. Ferrochrome Market Characteristics

3. Ferrochrome Market Trends And Strategies

4. Ferrochrome Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Ferrochrome Growth Analysis And Strategic Analysis Framework

6. Ferrochrome Market Segmentation

7. Ferrochrome Market Regional And Country Analysis

8. Asia-Pacific Ferrochrome Market

9. China Ferrochrome Market

10. India Ferrochrome Market

11. Japan Ferrochrome Market

12. Australia Ferrochrome Market

13. Indonesia Ferrochrome Market

14. South Korea Ferrochrome Market

15. Western Europe Ferrochrome Market

16. UK Ferrochrome Market

17. Germany Ferrochrome Market

18. France Ferrochrome Market

19. Italy Ferrochrome Market

20. Spain Ferrochrome Market

21. Eastern Europe Ferrochrome Market

22. Russia Ferrochrome Market

23. North America Ferrochrome Market

24. USA Ferrochrome Market

25. Canada Ferrochrome Market

26. South America Ferrochrome Market

27. Brazil Ferrochrome Market

28. Middle East Ferrochrome Market

29. Africa Ferrochrome Market

30. Ferrochrome Market Competitive Landscape And Company Profiles

31. Ferrochrome Market Other Major And Innovative Companies

32. Global Ferrochrome Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Ferrochrome Market

34. Recent Developments In The Ferrochrome Market

35. Ferrochrome Market High Potential Countries, Segments and Strategies

36. Appendix

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