Direct Reduced Iron Market, Global Outlook and Forecast 2023-2030
- brijesh130901
- Feb 16, 2024
- 4 min read
The global Direct Reduced Iron market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Direct Reduced Iron market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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The China market for Global Direct Reduced Iron market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Direct Reduced Iron market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Direct Reduced Iron (DRI) is the product of the direct reduction of iron ore in the solid state by carbon monoxide and hydrogen derived from natural gas or coal.
This report aims to provide a comprehensive presentation of the global market for Direct Reduced Iron, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Direct Reduced Iron. This report contains market size and forecasts of Direct Reduced Iron in global, including the following market information:
Global Direct Reduced Iron Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Direct Reduced Iron Market Sales, 2018-2023, 2024-2030, (K MT)
Global top five Direct Reduced Iron companies in 2022 (%)
Gas Based Technology Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Direct Reduced Iron include Mobarakeh Steel Company, Tata Sponge, Welspun Group, Jindal Steel & Power Ltd, Umesh Modi Group, Prakash Industries Limited, Sajjan, Bhushan and Sarda Energy & Minerals Limited, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Direct Reduced Iron manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Direct Reduced Iron Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Direct Reduced Iron Market Segment Percentages, by Type, 2022 (%)
Gas Based Technology
Coal-Based Technology
Global Direct Reduced Iron Market Segment Percentages, by Application, 2022 (%)
Metallurgical Industry
Steel Industry
Others
Global Direct Reduced Iron Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
The report also provides analysis of leading market participants including:
Key companies Direct Reduced Iron revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Direct Reduced Iron revenues share in global market, 2022 (%)
Key companies Direct Reduced Iron sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Direct Reduced Iron sales share in global market, 2022 (%)
Mobarakeh Steel Company
Tata Sponge
Welspun Group
Jindal Steel & Power Ltd
Umesh Modi Group
Prakash Industries Limited
Sajjan
Bhushan
Sarda Energy & Minerals Limited
Qatar Steel
Gallantt
NMDC
United Raw Materials
ArcelorMittal
KhorasanSteel
Chapter 1: Introduces the definition of Direct Reduced Iron, market overview.
Chapter 2: Global Direct Reduced Iron market size in revenue and volume.
Chapter 3: Detailed analysis of Direct Reduced Iron manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Direct Reduced Iron in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Direct Reduced Iron capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports1.1 Direct Reduced Iron Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Direct Reduced Iron Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Direct Reduced Iron Overall Market Size2.1 Global Direct Reduced Iron Market Size: 2022 VS 20302.2 Global Direct Reduced Iron Revenue, Prospects & Forecasts: 2018-20302.3 Global Direct Reduced Iron Sales: 2018-20303 Company Landscape3.1 Top Direct Reduced Iron Players in Global Market3.2 Top Global Direct Reduced Iron Companies Ranked by Revenue3.3 Global Direct Reduced Iron Revenue by Companies3.4 Global Direct Reduced Iron Sales by Companies3.5 Global Direct Reduced Iron Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Direct Reduced Iron Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Direct Reduced Iron Product Type3.8 Tier 1, Tier 2 and Tier 3 Direct Reduced Iron Players in Global Market3.8.1 List of Global Tier 1 Direct Reduced Iron Companies3.8.2 List of Global Tier 2 and Tier 3 Direct Reduced Iron Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Direct Reduce
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