Ferrotitanium Market (Updated Version Available)

Ferrotitanium is a ferroalloy composed of titanium and iron, with occasional trace carbon. It was first discovered in 1798 by W. Gregor and was partially purified by H. Moissan in 1895.
Ferrotitanium is a ferroalloy used primarily in steelmaking. There are two main grades of ferrotitanium, the first containing approximately 35% titanium and the second containing roughly 70% titanium. The 35% grade is produced via an aluminothermic reaction while the 70% grade is produced by melting titanium scrap and iron in an induction furnace. Currently, ferrotitanium 70% is the major type which account for 68.57% of global consumption in 2021. As for price, ferrotitanium 70% sales price is much higher than that of other type. In 2020, average sales price of ferrotitanium 70% is about 4381 USD/MT.
Currently, ferrotitanium manufacture process is mature and there are many suppliers all over the world. Global major suppliers include Global Titanium, AMG Superalloys UK, Arconic, Metalliage, VSMPO-AVISMA, Kluchevskiy Ferroalloy Plant, Mottram, Cronimet, ZTMC, Bansal Brothers, OSAKA Titanium, Guotai Industrial, Jinzhou Guangda Ferroalloy and Hengtai Special Alloy etc. AMG Superalloys UK is market leader in ferrotitanium industry.
Global Ferrotitanium market size will increase to 310 Million US$ by 2026, from 220 Million US$ in 2020, at a CAGR of 4.7% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Ferrotitanium.

This report covers the present status and the future prospects of the global Ferrotitanium market for 2015-2026.
The report offers detailed coverage of Ferrotitanium industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Ferrotitanium by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Global Titanium, AMG Superalloys UK, Arconic, Metalliage, VSMPO-AVISMA, Kluchevskiy Ferroalloy Plant, Mottram, Cronimet, ZTMC, Bansal Brothers, OSAKA Titanium, Guotai Industrial, Jinzhou Guangda Ferroalloy, Hengtai Special Alloy

Market Segment as follows:
Market by Order Type

Ferrotitanium 35%
Ferrotitanium 70%
Other
Ferrotitanium Breakdown Data by Application
Stainless Steel Stabilizer
Molten Metal Additive
Other

Ferrotitanium Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Ferrotitanium market for the forecast period 2021 - 2026?
• What are the driving forces in the Ferrotitanium market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Ferrotitanium industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.