According to Cognitive Market Research, the global ferromanganese market size is USD 74418.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 29767.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 22325.46 million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD 17116.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 3720.91 million in 2024, and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 1488.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
High carbon held the highest ferromanganese market revenue share in 2024.
