United Kingdom Ferrosilicon Market Size, Share, and COVID-19 Impact Analysis, By Application (Deoxidizer, Inoculants, and Others), By End Use (Carbon & Other Alloy Steel, Stainless Steel, Electric Steel, Cast Iron, and Others), and UK Ferrosilicon Market Insights, Industry Trend, Forecasts to 2035

United Kingdom Ferrosilicon Market Forecasts to 2035

• The United Kingdom Ferrosilicon Market Size Was Estimated at USD 79.4 Million in 2024
• The UK Ferrosilicon Market Size is Expected to Grow at a CAGR of around 1.81% from 2025 to 2035
• The UK Ferrosilicon Market Size is Expected to Reach USD 96.7 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, The UK Ferrosilicon Market Sizes anticipated to Reach USD 96.7 Million by 2035, Growing at a CAGR of 1.81% from 2025 to 2035. The increasing usage of ferrosilicon as an inoculant in cast iron and as a deoxidiser in the steel sector, the expanding demand for steel and its derivatives across a range of industries, and the growing adoption of semiconductors for the production of numerous electronic devices. M&A activity and capacity expansion are being stimulated by the growing demand for steel.

Market Overview

The UK Ferrosilicon Market Size refers to the common alloy used to make silicon, cast iron, silicon steel, and corrosion-resistant alloys. More than 80% of ferrosilicon, which is used in the production of iron and steel and helps with processes like graphitisation and improves material characteristics, is known for its strength, magnetism, and resistance to heat and corrosion.

The increasing usage of electric vehicles (EVs) in the UK is driving growth of the ferrosilicon market because of the demand for strong and light-weight materials Experienced increase in demand will also drive the market because of the need for long-lasting and corrosion-resistant parts used in solar panels and wind turbines, as well as the need for the automotive industry and industrial components. Also, ferrosilicon is critical in the supply chain of high-performance and sustainable building materials and specialty alloys used in the aviation industry, with impressive returns for potential investors. The capability of ferrosilicon in sustainable markets provides opportunities for producing green, low-carbon developments that are tied into international sustainability targets and goals. Ferrosilicon is essential for deoxidising and enhancing the quality of steel produced in electric arc furnaces (EAFs), which is a significant driver of market growth. There are new opportunities in the electronics and aerospace industries, and new applications will be encouraged by new innovations. New developments that will improve production efficiency and mitigate their impacts on the environment include the use of renewable energy sources, including biomass, and the use of advanced manufacturing technology.

Report Coverage

This research report categorizes the market for the UK ferrosilicon market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom ferrosilicon market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom ferrosilicon market.

Driving Factors

Ferrosilicon enhances strength and heat resistance in steel production for the infrastructure, automotive, and construction industries. The ferrosilicon market in the UK is growing. It also enhances the production of higher-purity silicon for semiconductors, in demand from opportunities in electronics, telecommunications, and Internet of Things devices. Steel consumption is also increasing because of smart city initiatives, and rising urbanisation is increasing the need for infrastructure. Government spending on energy and transportation projects is also increasing demand. The industry will grow as long as the semiconductor production continues to improve.

Restraining Factors

The UK has experienced a recent decline in ferrosilicon use as a result of the trend towards raw materials, crude steel, and slower crude steel production. Additionally, with expanding markets for iron castings, more cars are made with aluminum. This trend towards substitutes is a significant barrier for UK ferrosilicon markets and their ability to expand. These factors hamper the ferrosilicon market during the forecast period.

Market Segmentation

The United Kingdom ferrosilicon market share is classified into application and end use.

• The deoxidizer segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom ferrosilicon market is segmented by application into deoxidizer, inoculants, and others. Among these, the deoxidizer segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The ferrosilicon is used extensively in the steel industry as a deoxidiser. The deoxidisation process ensures that the molten steel is of the highest quality, as it stops the heat and prevents any carbon from escaping.

• The carbon & other alloy steel segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom ferrosilicon market is segmented by end use into carbon & other alloy steel, stainless steel, electric steel, cast iron, and others. Among these, the carbon & other alloy steel segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Ferrosilicon is a vital raw material used as an alloying agent and as a deoxidiser in steelmaking. Ferrosilicon powder can also be used as a heat-producing aid in the manufacture of capped steel since it releases considerable amounts of heat on ignition at high temperatures.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the United Kingdom ferrosilicon market and a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Ferroglobe PLC
• Westbrook Resources Ltd
• M & M Alloys
• Imexsar Ltd
• Sinoferro
• DMS Powders
• Elkem ASA
• Finnfjord AS
• Others

Key Target Audience

• Investors
• Market players
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom ferrosilicon market based on the below-mentioned segments:

United Kingdom Ferrosilicon Market, By Application

• Deoxidizer
• Inoculants
• Others

United Kingdom Ferrosilicon Market, By End Use

• Carbon & Other Alloy Steel
• Stainless Steel
• Electric Steel
• Cast Iron
• Others