Global Silico Manganese Market is expected to gain a significant CAGR in the forthcoming period. Silicon and Manganese are crucial components in steel manufacturing units as deoxidants, desulphurizers and alloying elements. The primary deoxidizer is Silicon. Manganese serves as a deoxidizer in small doses than Silicon but it enhances the effectiveness since stable manganese silicates are mixed with aluminates. It also caters to the steel industry as desulphurizer. Manganese serves as an alloying element in all types of steel.
Driving factors responsible for the growth of Silico Manganese Market includes rising urbanization that demands commercial products such as utensils and other domestic products. Other major factors such as demand for steel, dairy equipment, hand railings and other commercial items also contribute to the growth of Silico Manganese Industry. However, varying availability of silico manganese in certain geographical areas raises the transportation and logistics costs wherein this factor slightly hampers the market growth.
Segmentation based on end-use/application, the Silico Manganese Market includes deoxidizers and desulfurizers. Deoxidizer segment dominates the market growth owing to rising industrialization and increasing the hardness of steel.
Geographically, Silico Manganese Market spans North America, Latin America, Europe, Middle-East and Africa. APAC market owns a larger share in the global market scenario owing to presence of big players and abundant availability of natural resources. India and China are expected to gain a dominant position in the near future owing to availability of natural resource and processing units. MEA regions are also expected to share a dominant position due to the flourishing business of import and export of steel. North America and Europe market is expected to witness a staggering growth owing to flourishing steel business in these regions.
The key players in the Silico Manganese Market include Erdos Group, Sheng Yan Group, PJSC Nikopol, Henan Xibao Metallurgy Materials Group, Ningxia Jiyuan Metallurgical Group, Bisheng Mining, Jinneng Group, Guangxi Ferroalloy, Eurasian Resources Group, Fengzhen Fengyu Company, Glencore, TATA, and Zaporozhye.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Silico Manganese in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Silico Manganese market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• 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
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Type I
• Type II
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Research Support Specialist, USA