Electric Arc Furnaces Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
303824 | Date :
Oct, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Electric Arc Furnaces market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Electric Arc Furnaces is projected to rise moderately in the projected time frame of 2023-2030.
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.
This industry is centralized. Top 11 companies in the market occupies about 49.76% of the Revenue market shares in 2016. The major manufacturers of Electric Arc Furnaces are Danieli, Electrotherm, SMS, Siemens, TENOVA, STEEL PLANTECH, Doshi, IHI, DongXong, YUEDA, Nupro Corporation.
In the past few years, as the main raw material price was not stable, with the addition of a sharp increase in production capacity, expected that the Electric Arc Furnaces raw material price will be relatively stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Electric Arc Furnaces.
In China, Electric Arc Furnaces market is occupied by foreign banks to some degree, such as Danieli, Electrotherm, SMS, Siemens, China is the world\'s largest consumption market of electric arc furnaces; as the same time, the production of electric arc furnaces in China grown gradually.
The Electric Arc Furnaces market was valued at 960 Million US$ in 2020 and is projected to reach 1800 Million US$ by 2030, at a CAGR of 8.2% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Electric Arc Furnaces.
Objectives of Research:
The overview of the global Electric Arc Furnaces market
Report comprised of the market companies, to describe and define and analyze the Electric Arc Furnaces market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Danieli, Electrotherm, SMS, Siemens, TENOVA, STEEL PLANTECH, Doshi, IHI, DongXong, YUEDA, Nupro Corporation
Market by Order Type
AC-EAF
DA-EAF
Electric Arc Furnaces Data by Application
Metal smelting
Ore smelting
Others
Electric Arc Furnaces Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
Before you Purchase get some Insights from this report
The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Electric Arc Furnaces market comprising definition
Electric Arc Furnaces Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global Electric Arc Furnaces market
Electric Arc Furnaces Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global Electric Arc Furnaces market?
What are the growth strategies of the key players to sustain hold at intervals in the global Electric Arc Furnaces market?
Table of Content
Electric Arc Furnaces Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
Electric Arc Furnaces Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
Electric Arc Furnaces Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Electric Arc Furnaces Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Electric Arc Furnaces Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
Electric Arc Furnaces Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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