Ferrosilicon Market - Top Companies and Manufacturers

Companies Dominating the Ferrosilicon Landscape

Elkem ASA
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Feng Erda Group
DMS Powders
Eurasian Resources Group
Ferroglobe PLC
Finnfjord AS
Hindustan Alloys Private Limited
Russian Ferro-Alloys Inc.
Mechel PAO
OM Holdings Ltd.
Westbrook Resources Ltd.

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Ferrosilicon Market Size & Share, Growth Analysis 2037

In the News

Elkem ASA commemorated the 40^th anniversary of its ferrosilicon facility, which is one of the largest in the world and is situated in Akranes, focusing on the environmentally friendly manufacturing of high-quality, specialized ferrosilicon.
Mechel PAO has announced the opening of an upgraded furnace at the Bratsk Ferroalloy Plant. The improvement increased the capacity of the ferrosilicon ore-smelting furnace from 25 MVA to 33 MVA. The plant will be able to raise the furnace's output by 40% as a result. A total of about USD 2 million were invested.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ferrosilicon is assessed at USD 14.45 billion.

The ferrosilicon market size was over USD 14.05 billion in 2024 and is anticipated to cross USD 22.25 billion by 2037, growing at more than 3.6% CAGR during the forecast period i.e., between 2025-2037. Steady demand for steel and cast iron, along with growth in the construction and automobile sector will fuel the market growth.

Asia Pacific industry is poised to hold largest revenue share of 64% by 2037, attributed to presence of China and India, the two largest steel-producing countries in the world along with ferrosilicon being the master alloy in steel production.

The major players in the market are Feng Erda Group, DMS Powders, Eurasian Resources Group, Ferroglobe PLC, Finnfjord AS, Hindustan Alloys Private Limited, Russian Ferro-Alloys Inc., Mechel PAO, OM Holdings Ltd., Westbrook Resources Ltd.

Ferrosilicon Market - Top Companies and Manufacturers

Companies Dominating the Ferrosilicon Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the ferrosilicon market?

Why is the ferrosilicon sector gaining traction in near future?

Which region accounted for the largest ferrosilicon industry share?

Who are the major ferrosilicon players?