市場調查報告書
商品編碼
1597138
2031 年亞太地區鐵合金市場預測 - 區域分析 - 按類型和應用Asia Pacific Ferroalloys Market Forecast to 2031 - Regional Analysis - by Type and Application |
2023年亞太鐵合金市場估值為1,101.3億美元,預計2031年將達2,038.9億美元;預計2023年至2031年複合年成長率為8.0%。
全球航太和國防工業的成長推動亞太鐵合金市場
航太業正在經歷技術進步的顯著成長。在行業中,創新的鐵合金應用不斷增加,因為鐵合金透過減輕飛機總重量並提高安全性和可靠性來提高燃油效率。航太業對永續交通解決方案和電氣化的追求勢頭強勁。利用鐵合金生產電動飛機的輕量高容量電池符合全球向綠色航空的轉型
對複雜基礎設施和政府舉措日益成長的需求預計將推動印度航太和國防市場的發展,預計到2030 年該市場將達到700 億美元以上。億美元。 462億美元。此外,為了促進國內製造業和工業成長,政府正在實施多項措施。政府於 2020 年 10 月啟動了“印度航空 2021”,目標是將印度躋身世界航太和國防工業前五名國家之列,公共和私營部門都積極參與。此外,中國航太與國防製造業位居世界前列。
因此,全球航太和國防工業的成長預計將為預測期內鐵合金市場的擴張創造利潤豐厚的機會。
亞太鐵合金市場概況
該地區廣泛的鋼鐵製造業帶動了對鐵合金的大量需求,特別是鉻鐵、錳鐵和矽鐵,它們是煉鋼產業的主要原料。印度擁有強大的鋼鐵工業,受基礎設施發展、汽車製造和建築活動的推動。此外,中國和印度作為全球電動車製造中心的新興角色預計將推動對矽鐵的需求,以生產用於汽車生產的特殊鋼。根據國際汽車製造商組織報告,預計2022年亞太地區機動車產量將達到4,896萬輛。在政府推廣電動車政策的支持下,中國已成為全球最大的電動車市場之一。根據國際貿易管理局的數據,在「十四五」期間(2021-2025年)中國基礎設施投資總額預計將達到約4.2兆美元。據國家投資促進和便利化局稱,到2025年,印度在國家基礎設施管道下分配的基礎設施投資預算為1.4兆美元,其中道路和高速公路佔18%,城市基礎設施佔17%,城市基礎設施佔12%。鐵合金用於生產鋼筋混凝土結構。鋼筋混凝土是由嵌入混凝土結構中的鋼筋組成。它具有卓越的強度和結構完整性,使其成為建造建築物、橋樑、水壩和其他基礎設施項目的首選。在製造過程中將錳鐵和矽鐵等鐵合金添加到鋼中,以增強其抗張強度和耐腐蝕性。因此,鋼鐵、汽車和建築業的成長推動了鐵合金市場的成長。
亞太地區鐵合金市場營收及2031年預測(十億美元)
亞太地區鐵合金市場細分
亞太鐵合金市場按類型、應用和國家分類。
根據類型,亞太鐵合金市場分為鉻鐵、錳鐵、矽錳鐵、特殊合金等。 2023年,矽錳鐵領域佔最大的市佔率。
從應用來看,亞太鐵合金市場分為煉鋼、線材製造、焊條、高溫合金等。 2023年,鋼鐵製造領域佔最大的市場佔有率。
依國家分類,亞太鐵合金市場分為澳洲、中國、印度、日本、韓國和亞太其他地區。 2023年,中國將主導亞太鐵合金市場佔有率。
Glencore Plc、Jindal不銹鋼有限公司、Ferro Alloys Corp Ltd (FACOR)、Erdos Group、Pertama Ferroalloys Sdn Bhd、Brahm Group、Tata Steel Ltd和Nava Ltd是亞太鐵合金市場上的一些領先公司。
The Asia Pacific ferroalloys market was valued at US$ 110.13 billion in 2023 and is expected to reach US$ 203.89 billion by 2031; it is estimated to register a CAGR of 8.0% from 2023 to 2031.
Growth in Global Aerospace & Defense Industry Boosts Asia Pacific Ferroalloys Market
The aerospace industry is experiencing significant growth in technological advancements. In the industry, there is a rise in innovative ferroalloy applications, as ferroalloys contribute to fuel efficiency by reducing the overall aircraft weight and improving safety and reliability. The pursuit of sustainable transportation solutions and electrification in the aerospace industry has gained momentum. The utilization of ferroalloys in the production of lightweight, high-capacity batteries for electric aircraft aligns with the global transition toward green aviation
The growing need for sophisticated infrastructure and government initiatives is expected to propel the Indian aerospace and defense market, which is expected to reach over US$ 70 billion by 2030. Furthermore, India has increased its defense budget by US$ 75 billion in 2024. The Defense Services Estimates (DSE) of the Ministry of Defense cover the costs of the three-armed forces as well as the Defense Research and Development Organization (DRDO) and total Rs. US$ 46.2 billion. Moreover, to promote domestic manufacturing and industry growth, the government is implementing several initiatives. The government launched Aero India 2021 in October 2020 with the goal of ranking India among the top five nations in the world for aerospace and defense industries, with both the public and private sectors actively participating. Additionally, the aerospace & defense manufacturing industry in China ranks among the top in the world.
Thus, the growth in the global aerospace & defense industry is expected to create lucrative opportunities for the ferroalloys market expansion during the forecast period.
Asia Pacific Ferroalloys Market Overview
The region's extensive steel manufacturing industry drives substantial demand for ferroalloys, particularly ferrochrome, ferromanganese, and ferrosilicon, which are major raw materials in the steel-making industry. India boasts a strong steel industry fueled by infrastructure development, automotive manufacturing, and construction activities. Additionally, the emerging role of China and India as a global hub for electric vehicle manufacturing is expected to drive demand for ferrosilicon to produce specialty steel used in automotive production. According to the International Organization of Motor Vehicle Manufacturers report, motor vehicle production in Asia Pacific was estimated to be 48.96 million units in 2022. As battery technology continues to improve, Asia Pacific is expected to become a key hub for electric vehicle production. China has emerged as one of the largest electric vehicle markets globally, supported by government policies promoting electric vehicles. As per the International Trade Administration, total investments in China's infrastructure during the 14th Five-Year Plan period (2021-2025) are estimated to reach ~US$ 4.2 trillion. According to the National Investment Promotion & Facilitation Agency, India allocated an investment budget of US$ 1.4 trillion in infrastructure under the National Infrastructure Pipeline by 2025, of which 18% accounted for roads and highways, 17% accounted for urban infrastructure, and 12% for railways. Ferroalloys are used in the production of reinforced concrete structures. Reinforced concrete is composed of steel bars embedded in concrete structures. It offers exceptional strength and structural integrity, making it the preferred choice for constructing buildings, bridges, dams, and other infrastructure projects. Ferroalloys such as ferromanganese and ferrosilicon are added to steel during the manufacturing process to enhance its tensile strength and resistance to corrosion. Therefore, the growth in the steel, automotive, and construction industries boosts the ferroalloys market growth.
Asia Pacific Ferroalloys Market Revenue and Forecast to 2031 (US$ Billion)
Asia Pacific Ferroalloys Market Segmentation
The Asia Pacific ferroalloys market is categorized into type, application, and country.
Based on type, the Asia Pacific ferroalloys market is segmented into ferrochrome, ferromanganese, ferro silico manganese, special alloys, and others. The ferro silico manganese segment held the largest market share in 2023.
In terms of application, the Asia Pacific ferroalloys market is categorized into steel making, wire manufacturing, welding electrodes, superalloys, and others. The steel making segment held the largest market share in 2023.
By country, the Asia Pacific ferroalloys market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific ferroalloys market share in 2023.
Glencore Plc, Jindal Stainless Ltd, Ferro Alloys Corp Ltd (FACOR), Erdos Group, Pertama Ferroalloys Sdn Bhd, Brahm Group, Tata Steel Ltd, and Nava Ltd, are some of the leading companies operating in the Asia Pacific ferroalloys market.