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.
Scope of the Report:
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.
The worldwide market for Electric Arc Furnaces is expected to grow at a CAGR of roughly 6.7% over the next five years, will reach 1420 million US$ in 2024, from 1030 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Electric Arc Furnaces in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Danieli
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
AC-EAF
DC-EAF
Market Segment by Applications, can be divided into
Metal Smelting
Ore Smelting
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Arc Furnaces product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Electric Arc Furnaces, with price, sales, revenue and global market share of Electric Arc Furnaces in 2017 and 2018.
Chapter 3, the Electric Arc Furnaces competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Arc Furnaces breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Electric Arc Furnaces market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Electric Arc Furnaces sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Electric Arc Furnaces . Industry analysis & Market Report on Electric Arc Furnaces is a syndicated market report, published as Global Electric Arc Furnaces Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Electric Arc Furnaces market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.