Press release
Silico Manganese Market: Competitive Dynamics & Global Outlook 2023
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.
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Global Silico Manganese Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that Silico Manganese will register a 6.0% CAGR in terms of revenue, reach US$ 19400 million by 2023, from US$ 14500 million in 2017.
Global Silico Manganese Market: Key Players
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
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Related Information:
United States Silico Manganese Market Research Report 2018
Europe Silico Manganese Market Research Report 2018
North America Silico Manganese Market Research Report 2018
Asia-Pacific Silico Manganese Market Research Report 2018
China Silico Manganese Market Research Report 2018
EMEA Silico Manganese Market Research Report 2018
Global Silico Manganese Market Research Report 2018
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Silico Manganese Market Research Report 2019
This report studies the global Silico Manganese market status and forecast, categorizes the global Silico Manganese market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
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The major manufacturers covered in Silico Manganese market report
PJSC Nikopol
Erdos Group
Sheng Yan Group
Ningxia Jiyuan Metallurgical Group
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