Product Code: ETC087403 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Ferrosilicon Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.45% in 2025, the market peaks at 15.14% in 2027, and settles at 13.96% by 2029.
The India ferrosilicon market is expected to grow significantly during the forecast period. This growth can be attributed to increasing industrialization in India, growing demand for steel from various industries such as automotive, construction and infrastructure. Furthermore, government initiatives such as Make in India campaign have encouraged foreign investments into India which has further boosted the production of steel products thus fueling growth of ferrosilicon market in the country. Moreover, availability of low cost labor and abundance of raw materials also provides an impetus to the industry growth.
The rapid industrialization, coupled with the growing automobile industry in India, is driving the demand for ferrosilicon. The increasing use of iron and steel as a raw material in several industries such as construction, automotive, electrical & electronics, and many others is further propelling the growth of this market. Furthermore, rising government incentives to promote domestic production of steel are contributing to the overall trend. In addition, increasing demand from power plants has also been creating huge opportunities for players operating in this sector. Moreover, initiatives taken by government organizations like Make-in-India campaign have promoted investments which will fuel further growth in this market over the forecast period.
However there are certain challenges faced by this industry like high energy consumption leading to higher production costs along with fluctuating prices of raw material due stringent environmental regulations imposed on manufacturers that might act as a hindrance towards its progress.
Some key players operating in India Ferrosilicon Market include Tata Steel Limited, Jindal Steel & Power Ltd., JSW Steel Ltd., Adani Group etc.
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 Ferrosilicon Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Ferrosilicon Market Revenues & Volume, 2021 & 2031F |
3.3 India Ferrosilicon Market - Industry Life Cycle |
3.4 India Ferrosilicon Market - Porter's Five Forces |
3.5 India Ferrosilicon Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Ferrosilicon Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Ferrosilicon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Ferrosilicon Market Trends |
6 India Ferrosilicon Market, By Types |
6.1 India Ferrosilicon Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Ferrosilicon Market Revenues & Volume, By Application, 2018 - 2031F |
6.1.3 India Ferrosilicon Market Revenues & Volume, By Deoxidizer, 2018 - 2031F |
6.1.4 India Ferrosilicon Market Revenues & Volume, By Inoculant, 2018 - 2031F |
6.1.5 India Ferrosilicon Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Ferrosilicon Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 India Ferrosilicon Market Revenues & Volume, By Carbon & other alloy steel, 2018 - 2031F |
6.2.3 India Ferrosilicon Market Revenues & Volume, By Stainless steel, 2018 - 2031F |
6.2.4 India Ferrosilicon Market Revenues & Volume, By Electric steel, 2018 - 2031F |
6.2.5 India Ferrosilicon Market Revenues & Volume, By Cast iron, 2018 - 2031F |
6.2.6 India Ferrosilicon Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Ferrosilicon Market Import-Export Trade Statistics |
7.1 India Ferrosilicon Market Export to Major Countries |
7.2 India Ferrosilicon Market Imports from Major Countries |
8 India Ferrosilicon Market Key Performance Indicators |
9 India Ferrosilicon Market - Opportunity Assessment |
9.1 India Ferrosilicon Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Ferrosilicon Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Ferrosilicon Market - Competitive Landscape |
10.1 India Ferrosilicon Market Revenue Share, By Companies, 2024 |
10.2 India Ferrosilicon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |