Ferro Aluminum Market - Global Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights
Ferro aluminum is an alloy that belongs to the category of ferroalloys. Ferro aluminum is produced by combining iron with aluminum. The manufacturing process of ferro aluminum is highly energy intensive in nature. Ferro aluminum requires large amount of electricity during its manufacturing process. Ferro aluminum manufacturing process involves production of aluminum from synthetic cryolite or bauxite. The processed aluminum is then further transformed into aluminum oxide by using Bayer’s process through electrolysis.
Ferro aluminum is an alloy that belongs to the category of ferroalloys. Ferro aluminum is produced by combining iron with aluminum. The manufacturing process of ferro aluminum is highly energy intensive in nature. Ferro aluminum requires large amount of electricity during its manufacturing process. Ferro aluminum manufacturing process involves production of aluminum from synthetic cryolite or bauxite. The processed aluminum is then further transformed into aluminum oxide by using Bayer’s process through electrolysis.
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<strong>Global</strong> <strong>Ferro</strong><br />
<strong>Aluminum</strong> <strong>Market</strong><br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
Share, <strong>Global</strong> Trends,<br />
<strong>Analysis</strong>, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2014</strong><br />
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Report Description<br />
<strong>Ferro</strong> aluminum is an alloy that belongs to the category of ferroalloys. <strong>Ferro</strong> aluminum is<br />
produced by combining iron with aluminum. The manufacturing process of ferro<br />
aluminum is highly energy intensive in nature. <strong>Ferro</strong> aluminum requires large amount of<br />
electricity during its manufacturing process. <strong>Ferro</strong> aluminum manufacturing process<br />
involves production of aluminum from synthetic cryolite or bauxite. The processed<br />
aluminum is then further transformed into aluminum oxide by using Bayer’s process<br />
through electrolysis. The resulting aluminum oxide is then mixed with iron oxide at<br />
extremely high temperature. <strong>Ferro</strong> aluminum is further purified to make it available in<br />
several grades. Though ferroalloy contains about65% of aluminum alloy, it exhibits the<br />
properties of about 40% alloy in terms of density. Pure ferro aluminum usually contains<br />
aluminum at the range of 30% <strong>and</strong> 75%. <strong>Ferro</strong> aluminum is usually supplied in granular,<br />
powder or in pieces of different sizes. <strong>Ferro</strong> aluminum is primarily used as a de-oxidation<br />
agent for steel manufacturing process. <strong>Ferro</strong> aluminum is also used for moulding<br />
applications in combination with carbon steel <strong>and</strong> carbon steel. <strong>Ferro</strong> aluminum is stable<br />
at room temperature however; it burns at extremely intense exothermic reactions.<br />
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Applications of ferro aluminum differ with the aluminum content in the alloy. <strong>Ferro</strong><br />
aluminum is widely used as a major deoxidizing agent. <strong>Ferro</strong> aluminum is also used to<br />
manufacture welding electrodes. <strong>Ferro</strong> aluminum is also used to manufacture cutting<br />
tools. <strong>Ferro</strong> aluminum being hard <strong>and</strong> tensile strength in nature is expected to boost the<br />
dem<strong>and</strong> for ferro aluminum in the near future.
Report Description<br />
<strong>Ferro</strong> aluminum is widely used in manufacturing railway tracks. <strong>Ferro</strong> aluminum is also<br />
used in manufacturing several automotive components. Thus, growing dem<strong>and</strong> for<br />
automobile industry is expected to boost the overall growth of the ferro aluminum<br />
market. <strong>Ferro</strong> aluminum is also used in manufacturing various pyrotechnic initiators such<br />
as fireworks. <strong>Ferro</strong> aluminum is also used in major cutting tools industry. Thus, the<br />
growing dem<strong>and</strong> for hard tools <strong>and</strong> equipments industry is expected to augment the<br />
overall growth of the ferro aluminum industry. However, the high operational cost<br />
coupled with stringent environmental regulations is expected to hamper the overall<br />
growth of the market. <strong>Ferro</strong> aluminum manufacturers are expected to comply with<br />
stringent carbon emission limits. In ability of many manufacturers to comply with these<br />
regulations has led to the shutdown of their manufacturing units of the small scale<br />
manufacturers.<br />
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<strong>Ferro</strong> aluminum is widely produced <strong>and</strong> consumed in the China. Thus, the growing<br />
dem<strong>and</strong> for ferro aluminum from various end-use <strong>and</strong> secondary process industry is<br />
expected to boost the dem<strong>and</strong> in the in the near future. Easy availability of raw material<br />
coupled with cheap labor is expected to boost the overall dem<strong>and</strong> as well as production<br />
of ferro aluminum market. Asia Pacific is the largest consumer of ferro aluminum. The<br />
dem<strong>and</strong> for ferro aluminum is expected to grow rapidly in Europe owing to the presence<br />
of large automobile industry in the region. North America is expected to experience<br />
sluggish growth in the dem<strong>and</strong> for ferro aluminum market.
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