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 2018. As for price, ferrotitanium 70% sales price is much higher than that of other type. In 2017, 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.
According to this study, over the next five years the Ferrotitanium market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 270 million by 2024, from US$ 220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ferrotitanium business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ferrotitanium market by product type, application, key manufacturers and key regions and countries.
This study considers the Ferrotitanium value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ferrotitanium 35%
Ferrotitanium 70%
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Stainless Steel Stabilizer
Molten Metal Additive
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Ferrotitanium consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ferrotitanium market by identifying its various subsegments.
Focuses on the key global Ferrotitanium manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ferrotitanium with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ferrotitanium submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Ferrotitanium . Industry analysis & Market Report on Ferrotitanium is a syndicated market report, published as Global Ferrotitanium Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Ferrotitanium market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.