What is Ferro Titanium Powder Market Scope?
Ferro Titanium powder is a low enduring as well as low melting point titanium alloy which mostly consumed in the steel industry. There is various applications of Ferro Titanium powder such as producing auto grade steel, stainless steel, automotive tools and parts. Additionally, it is used in production wires for submerged arc wielding applications. It can be used in as a fuel in some pyrotechnic compositions.
The Ferro Titanium Powder market study is being classified by Type (Electric Silicon Thermal Method, Electrothermal Method and Others) and major geographies with country level break-up.
As per Indian Ferro-Alloys Producers' Association (IFAPA), the total installed capacity of bulk ferro-alloys Industry in India is estimated at 5.10 million tonnes per annum and for noble ferroalloys it is 50,000 tonnes per annum. Analysts at AMA predicts that Vendors from United States and Indian will contribute to the maximum growth of Global Ferro Titanium Powder market throughout the predicted period.
Global Titanium Inc. (United States), Miller and Company (United States), Metal & Alloys Corporation (India), Metraco NV (Belgium), Cometal S.A. (Spain), FE Mottram Ltd (United Kingdom), Asmet (UK) Limited (United States), Metcast Services (New Zealand), Kamman Group (India) and Mast Europe (Estonia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Tennant Metallurgical Group Ltd (United Kingdom), Alba Industrial AS (Norway) and Des Raj Bansal group (India).
Analyst at AMA have segmented the market study of Global Ferro Titanium Powder market by Type, Application and Region.
On the basis of geography, the market of Ferro Titanium Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
According to Indian Ferro-Alloys Producers Association (IFAPA)ís news published on November 21st 2018, new Chinese rebar rules and the resultant banning of Quenching & Tempering, (QTB) production process might hike the demand for silicon and Ferro-alloys. Since, the statesí plan of wiping out water cooled rebar would spur producers to add manganese in future rebar production.
Influencing Market Trend
- Growing Adoption in the Still Industry due to its Property of Fixing Harmful Effect from Oxygen, Carbon, Nitrogen and Many Others
- Introduction of Ferro Titanium Powder to Aerospace and Defense Sector
- Comparatively Stronger and Corrosion Resistant Metal Alloy than the Metals like Iron and Titanium Individually
- Light Weight Alloys will be Useful in the Aircraft Manufacturing Industry
- Ferro Titanium can withstand extreme High Temperatures leading to Increase High Temperature Applications
- Increasing Applications and Adoption of Titanium Alloys across the Globe
- Finely Crushed Titanium is Hazardous to Health
- Burns with Extremely Bright White Flame which might Hamper Eye Vision
- Comparatively Risky and Sensitive Working Environment
- Upsurging Labour Cost across the Globe
Key Target AudienceFerro Titanium Powder Manufacturers, Ferro Titanium Powder Distributors and Traders, Metal Alloy Industry Associations, Government Agencies, Upstream and Downstream Buyers, Mining Industries and Others
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