Ferrochrome Market Trends & Forecast 2025 to 2034

Eliskherr16 Jul, 2025Business

A deep dive into the product mix reveals that high‑carbon ferrochrome dominates production, accounting for around 85.5% of total output. This preference reflects its cost efficiency and suitability for standard stainless steel grades . In terms of form factor, granules lead the market with a share of approximately 26.3%, likely owing to their ease of handling and consistent melting properties . Stainless steel applications continue to be the primary driver, absorbing nearly 78% of ferrochrome supply. The metal’s key role in enhancing corrosion resistance makes it indispensable in stainless steel manufacturing.