Ferrochrome Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 171 SKU: IRTNTR71318

Ferrochrome Market Forecast 2024-2028

The ferrochrome market size is forecast to increase by USD 7.59 billion, at a CAGR of 5.94% between 2023 and 2028. 

The market growth depends on several factors such as the increasing demand for stainless steel and other alloy from developing countries, the expansion of the mining industry, and the health hazards and environmental impacts associated with chromite mining.

What will be the Size of the Ferrochrome Market During the Forecast Period?

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Market Definition

Ferrochrome is an alloy of chromium and iron and contains 50%-70% of chromium by weight. This is mainly produced by the carbothermic reduction of chromite in electric SAF. The furnace feed consists of chromite ore (pellets, briquettes, and lumpy ore), reductants (coke, anthracite, coal, and char), and fluxes (lime, quartzite, and dolomite).

Market Segment Insights

Product Insights

The charge chrome and high carbon segment is estimated to witness significant development during the forecast period.  Charge chrome and high carbon ferrochrome offer enhanced hardenability, temperature stability, and corrosion resistance of stainless steel. In addition, the widespread availability of these grades of charge chrome and high carbon is expected to increase its market penetration globally. 

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The charge chrome and high carbon segment was the largest segment and was valued at USD 14.88 billion in 2018. This is mainly utilized for the production of stainless steel. For instance, in 2020, 80% of global charge chrome was used for production.  In addition, the increase in the use of charge chrome and high carbon ferrochrome for production, owing to the increasing demand for stainless steel from sectors such as automotive and construction will drive the charge chrome and high carbon segment, which in turn is expected to drive the global market during the forecast period.

End-user Insights

Based on the end-user, the market has been segmented into stainless steel, carbon, and other alloy and others. The stainless steel segment will account for the largest share of this segment. The use of chromite to produce stainless steel fuels the market. In addition, the growing use of chromium-grade and chromium manganese-grade stainless steel in the construction, transportation industries, and industrial applications is expected to positively impact the market.  Furthermore, the use of these materials in pre-engineered buildings for the construction of roof and wall systems is expected to drive this segment which in turn drives the market during the forecast period.

Market Regional Insights

APAC Region

APAC is estimated to contribute 70% to the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.

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The growing demand for this from China, Japan, South Korea, India, and Malaysia is expected to fuel the market.  In addition, the use of this to produce stainless steel and engineering and alloy is expected to augment market.  For instance, APAC accounts for more than 70% of global stainless-steel production. In addition, China, Japan, India, and South Korea are the major producers of this material in APAC. Moreover, the increase in demand for this material from the construction, transportation, and metallurgical industries in APAC will drive the regional market. In addition, the demand is high in the construction industry in APAC, led by an increase in infrastructure projects and construction activities. Furthermore, India is also one of the leading producers and consumers of this in APAC. Hence, such factors are driving the market in APAC during the forecast period.

Key Market Growth and Trends 

The increasing demand for ferrochrome from developing countries is notably driving market growth. Factors such as the use of this for the production of stainless steel and other alloys in developing countries are expected to drive the market. Numerous vendors of this are also shifting their manufacturing sites to India, South Africa, China, and Zimbabwe. The availability of raw materials, low labor, and transportation costs, and less stringent government regulations and policies in these countries are expected to augment market growth. The growing population, disposable income, and purchasing power in developing countries of APAC and South America are prompting higher investment in the construction industry. The growing use of this product in the construction industry, owing to its weldability, is expected to augment market growth. Hence, such factors are driving the market during the forecast period.

The expansion of the mining industry is an emerging trend in the market. The rise in infrastructure development is driving the metal and mining industry, especially in developing nations such as India. For instance, in May 2021, iron ore exports stood at USD 574.56 million compared with USD 457.05 million in May 2020. Additionally, there has been a development of new ores in the country. For instance, in February 2021, two new iron ore mines were inaugurated in Odisha, which is expected to have a production capacity of 275 million tonnes. These mines will bring USD 679.28 million in annual revenue for the state and employment opportunities for locals. Furthermore, the Government of India has also been implementing policies to support the mining industry in the country. Hence, such factors are driving the market growth during the forecast period.

Health hazards and environmental impacts associated with chromite mining is hindering the market growth. Chromite is the main raw material used in manufacturing. In addition, the mining of chromite pollutes water as well as air and degrades the local landscape. Moreover, the high consumption of water during chromite production is also expected to hinder the chromite market. In addition, high water consumption in chromite production for increases environmental issues, creates sustainability challenges, and may result in increased operational costs, negatively affecting the growth of the global market. Furthermore, the governments of the US, China, South Africa, and India have raised concerns regarding the negative impacts of chromite mining activities. Hence, such factors are hindering the market growth during the forecast period.

Who are the Major Ferrochrome Market Companies?

Companies are implementing various market trends and analysis strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market and result in market growth analysis.

Afarak Group SE: The company offers low carbon and ultra low carbon ferrochrome for stainless steel production.

The  market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:

African Rainbow Minerals Ltd., ArcelorMittal, Balasore Alloys Ltd., EHUI METALLURGY GROUP, Eurasian Resources Group., Ferbasa, Glencore Plc, Henan Star Metallurgy Material Co. Ltd., INDIAN METALS AND FERRO ALLOYS LTD., Merafe Resources Ltd., Metallic Ferro Alloys LLP, Mintal Group Cleantech Development Co.Ltd, Mitsubishi Corp., Outokumpu Oyj, Samancor Chrome, Tata Steel Ltd., Vedanta Ltd, Visa Steel Ltd., and YILDIRIM Group Of Companies

The market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market and forecast growth strategies.

Global Market Customer Landscape

Market Analyst Overview

The market is influenced by various factors, including the International Stainless Steel Forum's insights, melt shop production and ongoing manufacturing activities. Foreign investments play a significant role in shaping the market dynamics. According to the International Monetary Fund (IMF), the market faces challenges in terms of being an electrical energy-intensive process, with power consumption being a crucial aspect. Carbothermic smelting reduction and submerged electric arc furnaces (SAF) are integral processes in the industry.

Moreover, the revenue share is influenced by factors such as substitutes and other segments, including carbon low alloy, high-strength, and alloy steels. The market also caters to the needs of the building construction industry. Additionally, the market is impacted by the production and consumption of high carbon ferrochrome (HC FeCr), low carbon ferrochrome (LC FeCr), and ferrochrome (FeCr) with varying FeCr content, crucial for the industry.

Market Scope

Report Coverage

Details

Page number

171

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.94%

Market Growth 2024-2028

USD 7.59 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.85

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 70%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Afarak Group SE, African Rainbow Minerals Ltd., ArcelorMittal, Balasore Alloys Ltd., EHUI METALLURGY GROUP, Eurasian Resources Group., Ferbasa, Glencore Plc, Henan Star Metallurgy Material Co. Ltd., INDIAN METALS AND FERRO ALLOYS LTD., Merafe Resources Ltd., Metallic Ferro Alloys LLP, Mintal Group Cleantech Development Co.Ltd, Mitsubishi Corp., Outokumpu Oyj, Samancor Chrome, Tata Steel Ltd., Vedanta Ltd, Visa Steel Ltd., and YILDIRIM Group Of Companies

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough market research and growth analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive market report analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global ferrochrome market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global ferrochrome market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Charge chrome and high carbon - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Charge chrome and high carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Charge chrome and high carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Charge chrome and high carbon - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Charge chrome and high carbon - Year-over-year growth 2023-2028 (%)
    • 6.4 Low carbon - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Low carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Low carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Low carbon - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Low carbon - Year-over-year growth 2023-2028 (%)
    • 6.5 Medium carbon - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Medium carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Medium carbon - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Medium carbon - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Medium carbon - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Stainless steel - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Stainless steel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Stainless steel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Stainless steel - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Stainless steel - Year-over-year growth 2023-2028 (%)
    • 7.4 Carbon and other alloy - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Carbon and other alloy - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Carbon and other alloy - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Carbon and other alloy - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Carbon and other alloy - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ billion)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Afarak Group SE
              • Exhibit 119: Afarak Group SE - Overview
              • Exhibit 120: Afarak Group SE - Business segments
              • Exhibit 121: Afarak Group SE - Key offerings
              • Exhibit 122: Afarak Group SE - Segment focus
            • 12.4 ArcelorMittal
              • Exhibit 123: ArcelorMittal - Overview
              • Exhibit 124: ArcelorMittal - Business segments
              • Exhibit 125: ArcelorMittal - Key news
              • Exhibit 126: ArcelorMittal - Key offerings
              • Exhibit 127: ArcelorMittal - Segment focus
            • 12.5 Balasore Alloys Ltd.
              • Exhibit 128: Balasore Alloys Ltd. - Overview
              • Exhibit 129: Balasore Alloys Ltd. - Product / Service
              • Exhibit 130: Balasore Alloys Ltd. - Key offerings
            • 12.6 EHUI METALLURGY GROUP
              • Exhibit 131: EHUI METALLURGY GROUP - Overview
              • Exhibit 132: EHUI METALLURGY GROUP - Product / Service
              • Exhibit 133: EHUI METALLURGY GROUP - Key offerings
            • 12.7 Eurasian Resources Group.
              • Exhibit 134: Eurasian Resources Group. - Overview
              • Exhibit 135: Eurasian Resources Group. - Product / Service
              • Exhibit 136: Eurasian Resources Group. - Key offerings
            • 12.8 Ferbasa
              • Exhibit 137: Ferbasa - Overview
              • Exhibit 138: Ferbasa - Product / Service
              • Exhibit 139: Ferbasa - Key offerings
            • 12.9 Glencore Plc
              • Exhibit 140: Glencore Plc - Overview
              • Exhibit 141: Glencore Plc - Business segments
              • Exhibit 142: Glencore Plc - Key offerings
              • Exhibit 143: Glencore Plc - Segment focus
            • 12.10 INDIAN METALS AND FERRO ALLOYS LTD.
              • Exhibit 144: INDIAN METALS AND FERRO ALLOYS LTD. - Overview
              • Exhibit 145: INDIAN METALS AND FERRO ALLOYS LTD. - Business segments
              • Exhibit 146: INDIAN METALS AND FERRO ALLOYS LTD. - Key offerings
              • Exhibit 147: INDIAN METALS AND FERRO ALLOYS LTD. - Segment focus
            • 12.11 Mintal Group Cleantech Development Co.Ltd
              • Exhibit 148: Mintal Group Cleantech Development Co.Ltd - Overview
              • Exhibit 149: Mintal Group Cleantech Development Co.Ltd - Product / Service
              • Exhibit 150: Mintal Group Cleantech Development Co.Ltd - Key offerings
            • 12.12 Mitsubishi Corp.
              • Exhibit 151: Mitsubishi Corp. - Overview
              • Exhibit 152: Mitsubishi Corp. - Business segments
              • Exhibit 153: Mitsubishi Corp. - Key news
              • Exhibit 154: Mitsubishi Corp. - Key offerings
              • Exhibit 155: Mitsubishi Corp. - Segment focus
            • 12.13 Outokumpu Oyj
              • Exhibit 156: Outokumpu Oyj - Overview
              • Exhibit 157: Outokumpu Oyj - Business segments
              • Exhibit 158: Outokumpu Oyj - Key news
              • Exhibit 159: Outokumpu Oyj - Key offerings
              • Exhibit 160: Outokumpu Oyj - Segment focus
            • 12.14 Samancor Chrome
              • Exhibit 161: Samancor Chrome - Overview
              • Exhibit 162: Samancor Chrome - Product / Service
              • Exhibit 163: Samancor Chrome - Key offerings
            • 12.15 Tata Steel Ltd.
              • Exhibit 164: Tata Steel Ltd. - Overview
              • Exhibit 165: Tata Steel Ltd. - Business segments
              • Exhibit 166: Tata Steel Ltd. - Key news
              • Exhibit 167: Tata Steel Ltd. - Key offerings
              • Exhibit 168: Tata Steel Ltd. - Segment focus
            • 12.16 Vedanta Ltd
              • Exhibit 169: Vedanta Ltd - Overview
              • Exhibit 170: Vedanta Ltd - Business segments
              • Exhibit 171: Vedanta Ltd - Key offerings
              • Exhibit 172: Vedanta Ltd - Segment focus
            • 12.17 YILDIRIM Group Of Companies
              • Exhibit 173: YILDIRIM Group Of Companies - Overview
              • Exhibit 174: YILDIRIM Group Of Companies - Product / Service
              • Exhibit 175: YILDIRIM Group Of Companies - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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