Thailand Ferromanganese Market (2025-2031) Outlook | Industry, Revenue, Growth, Value, Forecast, Analysis, Share, Companies, Trends, Size

Market Forecast By Grade (High Carbon Ferro Manganese, Refined Ferro Manganese), By Application (Carbon Steel, Stainless Steel, Alloy Steel, Cast Iron, Others) And Competitive Landscape
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

Thailand Ferromanganese Market Size Growth Rate


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.

Thailand Ferromanganese Market Size Growth Rate

Ferromanganese Market: Thailand vs Top 5 Major Economies in 2027 (Asia)


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.

Ferromanganese Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Ferromanganese Market Synopsis

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.

Drivers of the Market

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.

Challenges of the Market

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.

COVID-19 Impact on the Market

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.

Key Players in 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.

Key Highlights of the Report:

  • Thailand Ferromanganese Market Outlook
  • Market Size of Thailand Ferromanganese Market, 2024
  • Forecast of Thailand Ferromanganese Market, 2031
  • Historical Data and Forecast of Thailand Ferromanganese Revenues & Volume for the Period 2021-2031
  • Thailand Ferromanganese Market Trend Evolution
  • Thailand Ferromanganese Market Drivers and Challenges
  • Thailand Ferromanganese Price Trends
  • Thailand Ferromanganese Porter's Five Forces
  • Thailand Ferromanganese Industry Life Cycle
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By High Carbon Ferro Manganese for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Refined Ferro Manganese for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Carbon Steel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Stainless Steel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Alloy Steel for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Cast Iron for the Period 2021-2031
  • Historical Data and Forecast of Thailand Ferromanganese Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Ferromanganese Import Export Trade Statistics
  • Market Opportunity Assessment By Grade
  • Market Opportunity Assessment By Application
  • Thailand Ferromanganese Top Companies Market Share
  • Thailand Ferromanganese Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Ferromanganese Company Profiles
  • Thailand Ferromanganese Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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

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