Product Code: ETC109003 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India ferrotitanium market import shipment demonstrated robust growth with a significant CAGR from 2020 to 2024. However, there was a sharp decline in growth rate between 2023 and 2024. Overall, the market expanded steadily but showed signs of deceleration towards the end of the period.
India ferrotitanium market is anticipated to expand at a healthy CAGR in the coming years, due to rising industrialization and infrastructure development activities across the country.
The increasing demand from chemical industry for various processes such as deoxidation, desulfurization and purification of molten metal are expected to drive the growth of India ferrotitanium market. Furthermore, growing application scope in aerospace manufacturing along with increasing use in steel production will propel the India Ferrotitanium Market during forecast period (2025-2031).
There are some challenges that may impede its growth in the near future. These include rising raw material costs, shortage of skilled workers and stringent environmental regulations. Additionally, competition from other countries such as China and Vietnam also pose a threat to India ferrotitanium industry. Furthermore, fluctuating currency exchange rates can also affect the profitability of producers in this sector.
Some major players operating in IndiaFerro Titanium market include Kalyani Steels Ltd., Mukand Limited, Tata Steel Group, Bhushan Power & Steel Ltd., Jindal Steel & Power Ltd., JSW Group and Usha Martin Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Ferrotitanium Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ferrotitanium Market Revenues & Volume, 2021 & 2031F |
3.3 India Ferrotitanium Market - Industry Life Cycle |
3.4 India Ferrotitanium Market - Porter's Five Forces |
3.5 India Ferrotitanium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Ferrotitanium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Ferrotitanium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ferrotitanium in the steel industry for enhancing strength and durability of steel products. |
4.2.2 Increasing investments in infrastructure projects in India leading to higher demand for ferrotitanium. |
4.2.3 Favorable government policies and initiatives to boost domestic manufacturing and industrial growth. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of ferrotitanium. |
4.3.2 Competition from substitute materials affecting the market demand for ferrotitanium. |
4.3.3 Economic uncertainties and fluctuations in currency exchange rates affecting the overall market growth. |
5 India Ferrotitanium Market Trends |
6 India Ferrotitanium Market, By Types |
6.1 India Ferrotitanium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Ferrotitanium Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Ferrotitanium Market Revenues & Volume, By Ferrotitanium 35%, 2021-2031F |
6.1.4 India Ferrotitanium Market Revenues & Volume, By Ferrotitanium 70%, 2021-2031F |
6.1.5 India Ferrotitanium Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Ferrotitanium Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Ferrotitanium Market Revenues & Volume, By Stainless Steel Stabilizer, 2021-2031F |
6.2.3 India Ferrotitanium Market Revenues & Volume, By Molten Metal Additive, 2021-2031F |
6.2.4 India Ferrotitanium Market Revenues & Volume, By Other, 2021-2031F |
7 India Ferrotitanium Market Import-Export Trade Statistics |
7.1 India Ferrotitanium Market Export to Major Countries |
7.2 India Ferrotitanium Market Imports from Major Countries |
8 India Ferrotitanium Market Key Performance Indicators |
8.1 Average selling price of ferrotitanium in the Indian market. |
8.2 Number of new infrastructure projects utilizing ferrotitanium. |
8.3 Percentage of domestic ferrotitanium production compared to imports. |
9 India Ferrotitanium Market - Opportunity Assessment |
9.1 India Ferrotitanium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Ferrotitanium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Ferrotitanium Market - Competitive Landscape |
10.1 India Ferrotitanium Market Revenue Share, By Companies, 2024 |
10.2 India Ferrotitanium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |