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Atomized Ferrosilicon Powder Market to Witness Growth Acceleration During 2018 – 2026

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Global Atomized Ferrosilicon Powder Market: Introduction

Ferrosilicon is an alloy of iron and silicon with its silicon content ranging from 15% to 90% (by weight percentage), depending on application requirements. Ferrosilicon containing 75% of silicon is diluted with 25% steel scrap in an induction furnace to produce atomized ferrosilicon powder. Atomized ferrosilicon powder has several properties such as resistance to abrasion, resistance to corrosion, high specific gravity, and magnetism.

Atomized ferrosilicon powder is a high-tech product. It has low oxygen content, spherical shape of particles, spreading properties, and excellent fluidity features such as viscosity and surface tension. Atomized ferrosilicon powder cannot be matched with or replaced by common ferrosilicon. The spherical particle confirms proper blending of the powder with the welding flux. The atomization process ensures that less or no hydrogen gas is generated.

Global Atomized Ferrosilicon Powder Market: Segmentation

The global atomized ferrosilicon powder market can be segmented based on application and region. Based on application, the market can be classified into metallurgy processing, diamond processing, and semiconductor processing.

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Metallurgy processing is expected to be the leading segment of the global atomized ferrosilicon powder market during the forecast period, as the powder is used in operations such as adjusting, vaccination, suspending, coating, and deoxidization of metals. In the metallurgy industry, atomized ferrosilicon powder is used in steel melting, casting, and for separation of heavy mediums.

Atomized ferrosilicon powder is also employed in diamond processing. The powder is mixed with water to form a substance with its density close to that of the diamond. Diamonds and other minerals are separated by means of the dense mediums separation method. Rise in the demand for diamonds in the production of cutting tools and jewelry is a key factor likely to drive the market for atomized ferrosilicon powder in the next few years.

Global Atomized Ferrosilicon Powder Market: Regional Outlook

In terms of region, the global atomized ferrosilicon powder market can be segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. The market in Asia Pacific is expected to register a significant growth rate during the forecast period. Presence of semiconductor manufacturing companies is strong in the region, especially in China and Taiwan. Latin America is expected to be the leading region for increasing demand of mining and metallurgy processing during the forecast period. Increase in mining and metallurgy processing activities in prominent countries of the region such as Mexico and Brazil is a key factor driving the demand for atomized ferrosilicon powder in Latin America. 

Global Atomized Ferrosilicon Powder Market: Key Players

The global atomized ferrosilicon powder market is fragmented. A large number of companies operate at the global and regional levels. Major companies include DMS Powders, Sinoferro, Kovohuty Dolny Kubin, Futong Industry, Shenbao Metal Powders, Anyang Xinchuang, Exxaro, M & M Alloys, Imexsar, and Westbrook Resources Ltd.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:Market segments and sub-segmentsMarket trends and dynamicsSupply and demandMarket sizeCurrent trends/opportunities/challengesCompetitive landscapeTechnological breakthroughsValue chain and stakeholder analysis

The regional analysis covers:North America (U.S. and Canada)Latin America (Mexico, Brazil, Peru, Chile, and others)Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)Eastern Europe (Poland and Russia)Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:A complete backdrop analysis, which includes an assessment of the parent marketImportant changes in market dynamicsMarket segmentation up to the second or third levelHistorical, current, and projected size of the market from the standpoint of both value and volumeReporting and evaluation of recent industry developmentsMarket shares and strategies of key playersEmerging niche segments and regional marketsAn objective assessment of the trajectory of the marketRecommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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