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The blast furnaces market is forecast to grow by$ 2.51 billion during 2023-2028, accelerating at a CAGR of 5.95% during the forecast period. The report on the blast furnaces market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by large installed base of blast furnaces, growing steel demand from india and russia, and regulations requiring steel plants to reduce the environmental footprint.
The blast furnaces market is segmented as below:
By Application
- Revamping projects
- Capacity additions
By Type
- Hot blast ovens
- Cold blast blowers
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the blast furnaces market covers the following areas:
- Blast furnaces market sizing
- Blast furnaces market forecast
- Blast furnaces market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global blast furnaces market: Ansteel Group Corp. Ltd., China Metallurgical Engineering and Project Corp., Compagnie de Saint Gobain, Danieli and C. Officine Meccaniche Spa, Gillanders Arbuthnot and Co. Ltd., Heavy Engineering Corp. Ltd., IHI Corp., JP Steel Plantech Co., Krosaki Harima Corp., Larsen and Toubro Ltd., McNally Bharat Engineering Co. Ltd., MECON Ltd., Nippon Steel Corp., Noble Industrial Furnace Co. Inc., POSCO holdings Inc., Primetals Technologies Ltd., Qinhuangdao Qinye Heavy Industry Co. Ltd., Shandong Province Metallurgical Engineering Co. Ltd., Sinosteel Corp., and SMS group GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is equipment as a service."
According to the report, one of the major drivers for this market is the large installed base of blast furnaces.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ansteel Group Corp. Ltd.
- China Metallurgical Engineering and Project Corp.
- Compagnie de Saint Gobain
- Danieli and C. Officine Meccaniche Spa
- Gillanders Arbuthnot and Co. Ltd.
- Heavy Engineering Corp. Ltd.
- IHI Corp.
- JP Steel Plantech Co.
- Krosaki Harima Corp.
- Larsen and Toubro Ltd.
- McNally Bharat Engineering Co. Ltd.
- MECON Ltd.
- Nippon Steel Corp.
- Noble Industrial Furnace Co. Inc.
- POSCO holdings Inc.
- Primetals Technologies Ltd.
- Qinhuangdao Qinye Heavy Industry Co. Ltd.
- Shandong Province Metallurgical Engineering Co. Ltd.
- Sinosteel Corp.
- SMS group GmbH