North America And EMEA Ferrosilicon Market size is expected to reach USD 3.81 billion by 2028
North America And EMEA Ferrosilicon Industry Overview The North America and EMEA ferrosilicon market size was valued at USD 3.10 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.6% from 2021 to 2028. The market is expected to gain momentum owing to the growth of solar energy coupled with the driving shift toward Electric Vehicles (EVs) over the forecast period. The rising market growth was, however, hampered in 2020 owing to the emergence of the novel coronavirus. The pandemic restricted all industrial operations, which had a major impact on the demand and production across the world. Ferrosilicon production was significantly affected in the first half of 2020, as the raw material movement was impacted owing to the lockdown imposition in various nations. Gather more insights about the market drivers, restrains and growth of the North America And EMEA Ferrosilicon Market The U.S. holds a significant position in the...