The global Silico Manganese market was valued at 142.2 Million USD in 2021 and will grow with a CAGR of 5.6% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.As we all know, global manganese ore reserve is mainly concentrated in South Africa, Ukraine, Australia, Brazil, India and China. Manganese ore production regions are South Africa, Australia and China. It is a major raw material during silico manganese production. So, silico manganese manufacturers are mainly concentrated in those regions. China is a major silico manganese production base. In 2015, China silico manganese production share is about 72.19%. Silico manganese is usually used as deoxidizers and desulfurizers. In 2015, silico manganese consumption amount as deoxidizers is about 12344.2 K MT, with a consumption share of 74.69%. During past five years, global total silico manganese production varied from 15073.4 K MT in 2011 to 17141.2 K MT in 2016, with an average increase rate of 2.60%. Global consumption regions are China, Europe and India. In 2015, China consumed about 72.24% of global total consumption. Europe and India separately consumed 1284.3 K MT and 812.5 K MT in 2015.

By Market Verdors:

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

Tata

By Types:

Type I

Type II

By Applications:

Deoxidizers

Desulfurizers

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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