Product Code: ETC088964 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Ferromanganese Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 1.95% in 2025, growth builds up to 10.61% by 2029.
By 2027, Thailand's Ferromanganese market is forecasted to achieve a stable growth rate of 3.89%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Thailand ferromanganese market size was estimated at USD 73 million in 2018 and is anticipated to grow significantly during the forecast period due to growing manufacturing activities in Thailand?s industrial sector. The major drivers driving its growth are increasing global steel production coupled with technological advancements in smelting techniques and metallurgical processes for applications such as deoxidation and desulfurization that have increased its usage across various sectors like automotive, construction etc.
The ferromanganese market in Thailand is influenced by its applications in steelmaking and metallurgy. Ferromanganese is used to add manganese to steel, improving its strength and durability. As the construction and manufacturing sectors grow, the demand for steel products containing ferromanganese increases, driving market demand.
The ferromanganese market faces challenges related to fluctuating raw material prices and global demand patterns. Ferromanganese production relies on manganese ore and other alloys, the prices of which are influenced by global economic conditions and trade dynamics. Maintaining stability in the supply chain and adapting to changing market conditions are ongoing challenges.
The ferromanganese market experienced challenges as industrial activities slowed down. Reduced demand from sectors like steel production and disruptions in the supply chain impacted the market.
Ferromanganese is used in steelmaking and other industrial applications. Key players in Thailandferromanganese market include Eramet Group, South32 Limited, and Gulf Manganese Corporation Limited, providing ferromanganese products for various industries.
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 Thailand Ferromanganese Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Ferromanganese Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Ferromanganese Market - Industry Life Cycle |
3.4 Thailand Ferromanganese Market - Porter's Five Forces |
3.5 Thailand Ferromanganese Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Ferromanganese Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Ferromanganese Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Ferromanganese Market Trends |
6 Thailand Ferromanganese Market, By Types |
6.1 Thailand Ferromanganese Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Ferromanganese Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Ferromanganese Market Revenues & Volume, By High Carbon Ferro Manganese, 2021-2031F |
6.1.4 Thailand Ferromanganese Market Revenues & Volume, By Refined Ferro Manganese, 2021-2031F |
6.2 Thailand Ferromanganese Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Ferromanganese Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Thailand Ferromanganese Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 Thailand Ferromanganese Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.5 Thailand Ferromanganese Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.6 Thailand Ferromanganese Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Ferromanganese Market Import-Export Trade Statistics |
7.1 Thailand Ferromanganese Market Export to Major Countries |
7.2 Thailand Ferromanganese Market Imports from Major Countries |
8 Thailand Ferromanganese Market Key Performance Indicators |
9 Thailand Ferromanganese Market - Opportunity Assessment |
9.1 Thailand Ferromanganese Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Ferromanganese Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Ferromanganese Market - Competitive Landscape |
10.1 Thailand Ferromanganese Market Revenue Share, By Companies, 2024 |
10.2 Thailand Ferromanganese Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |