|By PR Newswire||
|August 11, 2014 10:30 AM EDT||
ALBANY, New York, August 11, 2014 /PRNewswire/ --
Transparency Market Research has released a new report titled "Ferroalloy (Ferrochrome, Ferromanganese, Ferrosilicon and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020." According to the report, the global ferroalloy market was valued at USD 37.25 billion in 2013 and is anticipated to reach USD 53.56 billion in 2020, expanding at a CAGR of 5.4% between 2014 and 2020.
Ferroalloy is one of the major raw materials used in the manufacture of steel. Ferroalloys impart distinctive qualities to steel and cast iron. Ferroalloy is widely used as deoxidizing, desulfurizing and reinforcing agents. This helps in the removal of sulfur, phosphorus and oxygen impurities that are present in iron ores and this iron ores are used in the manufacture of steel. Thus, growth in the steel industry is estimated to boost the overall ferroalloy market. Furthermore, growth in the construction industry, especially in BRICS countries, is likely to increase the demand for steel. This, in turn, is projected to drive the overall growth of the ferroalloy market. However, high operational cost coupled with stringent environmental regulations is expected to hamper growth of the ferroalloy market in the near future. Development of lightweight, high tensile strength steel is anticipated to boost demand for steel, especially in the automobile industry. This is further estimated to augment growth of the ferroalloy market.
Browse the full Global Ferroalloy Market Report at http://www.transparencymarketresearch.com/ferroalloy-market.html
Ferromanganese is one of the ferroalloy that is produced as well as consumed on a large-scale. In terms of volume, it accounted for over 37% share of the overall ferroalloy market in 2013. With over two-third share of total consumption in 2013, stainless steel industry was the major application segment of the ferroalloy market. Ferrochrome provides corrosion resistance to stainless steel. Demand for ferrochrome is rising due to increasing demand for anticorrosive steel from the automobile industry. Ferrosilicon is primarily used as a deoxidizing and alloying agent in the steel manufacturing process.
China emerged as the leading consumer of ferroalloy in 2013. Presence of large number of steel manufacturers with high production capacities is expected to boost demand for ferroalloy in China. In terms of volume, China is anticipated to grow at a CAGR of 4.6% between 2014 and 2020. China was followed by Europe, which is estimated to be the next major consumer of ferroalloy due to increasing demand for steel from the automobile industry. Rest of Asia Pacific is projected to be one of the emerging markets for ferroalloys owing to rising demand for steel from the construction industry, especially in India and Japan. North America and Rest of the World are likely to experience sluggish growth during the forecast period.
Related & Recently Published Reports by Transparency Market Research
- Rare Earth Metals Market: http://www.transparencymarketresearch.com/rare-earths.html
- Calcium Carbonate Market: http://www.transparencymarketresearch.com/calcium-carbonate-market.html
- Kaolin and Metakaolin Market: http://www.transparencymarketresearch.com/kaolin-market.html
The global ferroalloy market is highly fragmented in nature. Major players in the ferroalloy market include Eurasian Natural Resources Corporation PLC (ENRC), Sinosteel Jilin Ferroalloy Corporation Limited, S.C. Feral S.R.L. and Shanghai Shenjia Ferroalloys Co. Ltd. Entry of new players, especially in Rest of Asia Pacific, is likely to boost the overall market growth.
This report segments the global ferroalloy market as follows:
- Ferroalloy Market - Product Segment Analysis
- Others (Ferrotungsten, ferronickel, ferroboron, etc)
- Ferroalloy Market - Regional Analysis
- North America
- Rest of Asia Pacific
- Rest of the World
Browse All Metals And Minerals Market Research Reports @ http://www.transparencymarketresearch.com/metals-and-minerals-market-reports-20.html
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Browse Press Release of Ferroalloy Market at @ http://www.transparencymarketresearch.com/pressrelease/ferroalloy-market.htm
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Company Blog: http://www.tmrblog.com/
Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm
Browse All Articles: http://www.transparencymarketresearch.com/articles.htm
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 27, 2014 08:45 AM EST Reads: 2,865
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Dec. 27, 2014 08:00 AM EST Reads: 2,671
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
Dec. 27, 2014 08:00 AM EST Reads: 2,068
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Dec. 27, 2014 08:00 AM EST Reads: 2,400
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
Dec. 27, 2014 07:00 AM EST Reads: 1,826
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
Dec. 27, 2014 06:45 AM EST Reads: 2,108
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Dec. 27, 2014 06:00 AM EST Reads: 2,254
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Dec. 27, 2014 06:00 AM EST Reads: 2,032
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Dec. 27, 2014 05:15 AM EST Reads: 2,199
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
Dec. 27, 2014 04:00 AM EST Reads: 2,544
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
Dec. 27, 2014 03:00 AM EST Reads: 1,799
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Dec. 27, 2014 03:00 AM EST Reads: 1,790
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
Dec. 27, 2014 02:00 AM EST Reads: 2,237
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 27, 2014 12:00 AM EST Reads: 2,638
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
Dec. 26, 2014 04:00 PM EST Reads: 1,883