| Product Code: ETC088979 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Arab Emirates (UAE) Ferromanganese market currently, in 2023, has witnessed an HHI of 4318, Which has increased slightly as compared to the HHI of 3744 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) Ferromanganese market has been witnessing steady growth, driven by its application in various industrial sectors, including steel production and foundries. Ferromanganese is a critical alloying agent used in the steelmaking process to enhance the properties of steel, such as strength, hardness, and resistance to corrosion. The UAE growing infrastructure development and construction activities have contributed to the rising demand for steel, which, in turn, has boosted the demand for ferromanganese in the country.
Several factors have fueled the demand for ferromanganese in the UAE. Firstly, the country`s ambitious infrastructure projects, such as skyscrapers, bridges, and roads, have increased the need for high-quality steel, driving the demand for ferromanganese as a crucial steel additive. Secondly, the UAE expanding industrial and manufacturing sectors, including automotive and machinery industries, rely heavily on steel products, further supporting the demand for ferromanganese.
Despite its growth, the UAE Ferromanganese market faces certain challenges. One major challenge is the dependence on imports for ferromanganese, as the country lacks significant domestic production of this alloy. Fluctuations in international ferromanganese prices and logistics constraints can impact the cost and availability of ferromanganese in the UAE market. Additionally, the UAE heavy reliance on the steel industry makes it vulnerable to global steel market dynamics and economic fluctuations.
The Covid-19 pandemic had an impact on the UAE Ferromanganese market, mainly due to the disruptions caused in the steel industry during the lockdowns and reduced construction activities. The temporary slowdown in construction projects and industrial activities affected the demand for ferromanganese during the pandemic. However, as the UAE gradually resumed its economic activities and construction projects, the demand for steel and ferromanganese started recovering.
In the UAE Ferromanganese market, several key players have a significant presence. Steel manufacturers and trading companies, such as Emirates Steel Industries, are among the major contributors to the market.
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 United Arab Emirates (UAE) Ferromanganese Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Ferromanganese Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Ferromanganese Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Ferromanganese Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel production in the UAE |
4.2.2 Growth in construction and infrastructure projects in the UAE |
4.2.3 Favorable government policies and initiatives supporting the metal industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from imports of ferromanganese |
4.3.3 Environmental regulations and sustainability concerns affecting production processes |
5 United Arab Emirates (UAE) Ferromanganese Market Trends |
6 United Arab Emirates (UAE) Ferromanganese Market, By Types |
6.1 United Arab Emirates (UAE) Ferromanganese Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By High Carbon Ferro Manganese, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Refined Ferro Manganese, 2021-2031F |
6.2 United Arab Emirates (UAE) Ferromanganese Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Ferromanganese Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Ferromanganese Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Ferromanganese Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Ferromanganese Market Imports from Major Countries |
8 United Arab Emirates (UAE) Ferromanganese Market Key Performance Indicators |
8.1 Scrap metal prices |
8.2 Capacity utilization rate of ferromanganese production facilities |
8.3 Energy efficiency in ferromanganese production |
8.4 Innovation and technological advancements in ferromanganese production |
8.5 Export/import ratio of ferromanganese in the UAE |
9 United Arab Emirates (UAE) Ferromanganese Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Ferromanganese Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Ferromanganese Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Ferromanganese Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Ferromanganese Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Ferromanganese Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |