Abstract, Snapshot, Market Analysis & Market Definition: Global Electric Arc Furnaces Market
An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking.Improvements in extraction and mining technologies have resulted in low prices of natural gas and non-coking coal. This have led to low production cost of DRI which is used with scrap steel to produce crude steel. Thus, the increasing production of DRI will be a key trend that will drive the growth of the electric arc furnaces market during the forecast period. In 2019, the market size of Electric Arc Furnaces is 1030 million US$ and it will reach 1570 million US$ in 2025, growing at a CAGR of 6.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Arc Furnaces. This report studies the global market size of Electric Arc Furnaces, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Electric Arc Furnaces production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019
Market Segmentation: Global Electric Arc Furnaces Market
Segmentation by Product Type : Breakdown of data from year 2014 to 2019 and forecast until 2025:
AC-EAF
DC-EAF
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Metal Smelting
Ore Smelting
Others
Top Companies & Key Players: Global Electric Arc Furnaces Market
The report offers a detailed analysis of several leading Electric Arc Furnaces manufacturers including:
Danieli
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Key Insights Covered: Global Electric Arc Furnaces Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Electric Arc Furnaces industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Electric Arc Furnaces industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Electric Arc Furnaces industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Electric Arc Furnaces industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Electric Arc Furnaces industry.
Research Methodology: Global Electric Arc Furnaces Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other