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Ferroalloys (Ferro Manganese) Market, Global Outlook and Forecast 2023-2032

The global Ferroalloys (Ferro Manganese) market was valued at US$ 4511 million in 2022 and is projected to reach US$ 5792.5 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Ferromanganese, a ferroalloy with high content of manganese, is made by heating a mixture of the oxides MnO2 and Fe2O3, with carbon, usually as coal and coke, in either a blast furnace or an electric arc furnace-type system, called a submerged arc furnace. The oxides undergo carbothermal reduction in the furnaces, producing the ferromanganese. Ferromanganese is used as a deoxidizer for steel.



This report aims to provide a comprehensive presentation of the global market for Ferroalloys (Ferro Manganese), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ferroalloys (Ferro Manganese). This report contains market size and forecasts of Ferroalloys (Ferro Manganese) in global, including the following market information:


  • Global Ferroalloys (Ferro Manganese) Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Ferroalloys (Ferro Manganese) Market Sales, 2018-2023, 2024-2029, (K MT)


Global top five Ferroalloys (Ferro Manganese) companies in 2022 (%)

Ferro Manganese production has relatively dispersive and technical barriers are low. The main market players are CITIC Jinzhou Metal, Yiwang Ferroalloy, Erdos, Tianjin Jinsheng, Sincerity, Sanhuan, Sheng Yan Group, Glencore, SAIL, Nikopol, and Zaporozhye, with about 18% market shares.

We surveyed the Ferroalloys (Ferro Manganese) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Ferroalloys (Ferro Manganese) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Ferroalloys (Ferro Manganese) Market Segment Percentages, by Type, 2022 (%)


  • Silicon Manganese

  • Ferrochrome

  • Ferro Nickel

  • Others

Global Ferroalloys (Ferro Manganese) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Ferroalloys (Ferro Manganese) Market Segment Percentages, by Application, 2022 (%)


  • Deoxidizer

  • Desulfurizer

  • Alloying Element Additive

  • Others

Global Ferroalloys (Ferro Manganese) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Ferroalloys (Ferro Manganese) Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


  • The report also provides analysis of leading market participants including:

  • Key companies Ferroalloys (Ferro Manganese) revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Ferroalloys (Ferro Manganese) revenues share in global market, 2022 (%)

  • Key companies Ferroalloys (Ferro Manganese) sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Ferroalloys (Ferro Manganese) sales share in global market, 2022 (%)

Key players include:


  • Glencore

  • Eurasian Resources Group

  • Tsingshan Holding Group

  • Samancor Chrome

  • Erdos Group

  • Jiangsu Delong Nickel Industry

  • Nikopol Ferroalloy Plant

  • Shandong Xinhai Technology

  • Henan Xibao Metallurgy Metarials Group

  • Sheng Yan Group

  • Outokumpu

  • Shengyang Group

  • OM Holdings

  • Sakura Ferroalloys


Outline of Major Chapters:

Chapter 1: Introduces the definition of Ferroalloys (Ferro Manganese), market overview.

Chapter 2: Global Ferroalloys (Ferro Manganese) market size in revenue and volume.

Chapter 3: Detailed analysis of Ferroalloys (Ferro Manganese) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Ferroalloys (Ferro Manganese) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Ferroalloys (Ferro Manganese) capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Ferroalloys (Ferro Manganese) Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Ferroalloys (Ferro Manganese) Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Ferroalloys (Ferro Manganese) Overall Market Size 2.1 Global Ferroalloys (Ferro Manganese) Market Size: 2022 VS 2032 2.2 Global Ferroalloys (Ferro Manganese) Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Ferroalloys (Ferro Manganese) Sales: 2018-2032 3 Company Landscape 3.1 Top Ferroalloys (Ferro Manganese) Players in Global Market 3.2 Top Global Ferroalloys (Ferro Manganese) Companies Ranked by Revenue 3.3 Global Ferroalloys (Ferro Manganese) Revenue by Companies 3.4 Global Ferroalloys (Ferro Manganese) Sales by Companies 3.5 Global Ferroalloys (Ferro Manganese) Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Ferroalloys (Ferro Manganese) Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Ferroalloys (Ferro Manganese) Product Type 3.8 Tier 1, Tier 2 and Tier 3 Ferroalloys (Ferro Manganese) Players in Global Market 3.8.1 List of Global Tier 1 Ferroalloys (Ferro Manganese) Companies 3.8

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