Ferrosilicon Market Expanding At USD 11.96 Billion By 2025 : Grand View Research Inc.
San Francisco, 31 October 2019: The Report Ferrosilicon Market Analysis By Application (Deoxidizer, Inoculant), By End-use (Carbon & Other Alloy Steel, Stainless, Electric Steel), By Region (North America, Europe, APAC, Central & South America), And Segment Forecasts, 2018 – 2025 The global ferrosilicon market is anticipated to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for ferrosilicon in steel and casting industry is expected to drive demand over the forecast period. Growing demand for the product as an inoculant in the casting industry is expected to drive demand over the forecast years. In addition, the increasing utilization of the product for iron graphitization in the casting industry, coupled with the unavailability of substitutes, is expected to drive demand over the forecast period. The increasing use of the product as a deoxidizer in the steel industry is expected to have a positive i