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Global Ferrochrome Market Outlook 2019-2023, with Eurasian Resources Group, Glencore, Hernic, Outokumpu, Samancor Chrome and Yildirim Group of Companies Dominating - ResearchAndMarkets.com

January 7, 2019

DUBLIN--(BUSINESS WIRE)--Jan 7, 2019--The “Global Ferrochrome Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The ferrochrome market will register a CAGR of almost 7% by 2023.

Increase in ferrochrome slag processing plants to drive growth in the ferrochrome market

The slag processing plants help in the easy recovery of ferrochrome metal. the ferrochrome slag can be used as aggregate in construction industry. The growing environmental concerns about the proper ferrochrome waste slag is expected to foster market growth.

Growth in stainless steel industry

Chromium is one of the vital elements used in the steel production. It provides strength, toughness, and temperature stability to steel. Ferrochrome is the major source of chromium in the stainless-steel industry. The growing use of ferrochrome as a source of chromium in stainless steel production is expected to drive market growth.

Impact of chromite mining

Chromite mining is the main raw material used in ferrochrome production. The mining of chromite pollutes water as well as air and degrades the local landscape. Thus, environmental concerns and sustainability are likely to limit chromite mining, thereby, hindering the growth of the ferrochrome market.

Key Players

Eurasian Resources Group Glencore Hernic Outokumpu Samancor Chrome Yildirim Group of Companies

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

Market segmentation by Product Comparison by product Charge chrome and high carbon - Market size and forecast 2018-2023 Low carbon - Market size and forecast 2018-2023 Medium carbon - Market size and forecast 2018-2023 Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

Market segmentation by end-user Comparison by end-user Stainless steel - Market size and forecast 2018-2023 Carbon and other alloy steels - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by end-user

PART 09: GEOGRAPHIC LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

Consolidation of the global ferrochrome market Capacity addition with new ferrochrome plants Increase in ferrochrome slag processing plants

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Eurasian Resources Group Glencore Hernic Outokumpu Samancor Chrome Yildirim Group of Companies

For more information about this report visit https://www.researchandmarkets.com/research/z9kc9s/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005634/en/

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Related Topics:Ferrous Metals

KEYWORD:

INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/07/2019 08:55 AM/DISC: 01/07/2019 08:55 AM

http://www.businesswire.com/news/home/20190107005634/en

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